The Global Ammunition (ammo) Market is forecasted to be worth USD 28.81 billion by 2027, according to a current analysis by Emergen Research.
The key factors influencing the market growth include growing adoption of the Ammunition (ammo) for self-defense, rising domestic violence & terrorist activities, increasing interests in bird-hunting, usage of the Ammunition (ammo) in sports, and availability of the cost effective weapons with Ammunition (ammo), to name a few.
Besides, extensive rise in the cross-border conflict, broadening the number of armed law enforcement troops & new taskforce battalions, and asymmetric warfare & intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.
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The latest report on the global Ammunition (ammo) market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Ammunition (ammo) market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects.
The report aims to deliver a comprehensive understanding of the Ammunition (ammo) market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Companies profiled in the global Ammunition (ammo) market:
Smith & Wesson Holding Corp.,
Freedom Group,
Orbital ATK,
Sturm,
Ruger, & Co., Inc.,
American Outdoor Brand Corporation,
Thales Group,
Lockheed Martin,
General Dynamics Corporation,
Beretta S.p.A., and
Raytheon Company
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Emergen Research has segmented into the global Ammunition (ammo) Market on the basis of Type, End Users, Caliber, Technology, Lethality, Component, Materials Used, and Region:
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Bullets
Aerial Bombs
Grenades
Artillery Shells
Mortars
Launchers
Others
Total
End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Military
Law Enforcement
Hunting
Sports
Self-defense
Caliber Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Small
9mm
56mm
62mm
7mm
.338 Lapua Magnum
.338 Norma Magnum
5mm
Others
Medium
20mm
25mm
30mm
40mm
Others
High
60mm
81mm
120m
155mm
Others
Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Guided
Unguided
Lethality Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Lethal
Less-lethal
Component Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Fuzes & Primers
Propellants
Bases
Projectiles and Warheads
Others
Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Steel
Aluminum
Polymer
Others
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Ammunition (ammo) Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Key Features of the Ammunition (ammo) Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
Evaluation of key current and emerging market trends and growth prospects
It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
Brief overview of industry with regards to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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