Global Ammunition Market to reach USD xx billion by 2027.Global Ammunition Market is valued approximately at USD 21.38 billion in 2020 and is anticipated to grow with a growth rate of more than 3.6% over the forecast period 2021-2027.. Growing investment by governments in enhancing security of the country, rising investment by private players in form of mergers, acquisitions and others and increasing popularity of sports that uses rifles and pistols leading the ammunition market towards growth. For instance, according to India Brand Equity Foundation (IBEF), Defence Acquisition Council (DAC) (India) approves the arm purchase USD 12.957 billion in 2018. Also, in November 2019, Nammo acquired Chemring Ordnance to strengthen its manufacturing capabilities in the United States. Furthermore, technological advancements for manufacturing light weight ammunition are expected to fuel the growth in coming years. However, government and trade policies may hamper the growth during forecast period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Ammunition Market. North America is the dominating region across the world in terms of market share due to growing terrorist activities and lenient gun laws. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to rising geo-political dispute and increasing threats of terrorist attack. Among the following considered regions for the regional analysis f ammunition market, Asia Pacific, North America, Europe, Latin America, and Rest of the World, North America is the dominating region across the world in terms of market share due to growing terrorist activities and lenient gun laws. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to rising geo-political dispute and increasing threats of terrorist attack
Major market player included in this report are:

General Dynamics Corp.
BAE Systems
Remington Arms Company
JagemanN Stamping Company
Ammo, Inc.
Sierra Bullets
Northrop Grumman Corporation
FN Herstal
Olin Corporation
Denel SOC Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Caliber:
Small Caliber
Medium Caliber
Large Caliber
Rockets, Missiles and Other
By Product:
Rimfire
Centerfire
By Application:
Civil & Commercial
Defense


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Ammunition Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors