The growing focus on self-defense and the dramatic increase in investments in weapons and ammunition for law enforcement and defense agencies are the main drivers
VANCOUVER, BC, CANADA, January 11, 2022 /EINPresswire.com/ – Ammunition market is expected to reach $ 28.81 billion by 2027, according to current analysis by Emergen Research. Key factors influencing market growth include increasing adoption of ammunition for self-defense, increase in domestic violence and terrorist activities, growing interest in bird hunting, use of ammunition in sport and the availability of cost effective weapons with ammunition, to name a few.
In addition, the dramatic increase in cross-border conflict, the expansion of the number of armed law enforcement troops and new task force battalions, as well as asymmetric warfare and intercountry border conflicts are some of the reasons further to the remarkable growth of the market. In addition, the reduction in the cost of manufacturing pistols using 3D printing mechanisms, the increasing demand for smart pistols and the increasing use of polymers in the weapons industry are some of the factors. subordinate market propulsion that create a huge breakthrough in market growth.
A Comprehensive data on growing investment pockets assessed in the Ammunition Market report is fueled and supported by human responses. Comprehensive coverage of aspects such as market potential, size, share and growth aims to create an equation of profitability, which stakeholders, business owners and field marketers need to understand their presence and market dynamics, identify white spaces or increase their performance.
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In November 2019, Nammo declared the acquisition of Chemring Ordnance, a subsidiary of the Chemring Group, which would help Nammo strengthen its manufacturing capabilities in the United States.
Polymers sub-segment is growing with fastest CAGR of 6.3% due to higher efficiency in manufacturing with 3D printing techniques and lower overall cost with higher applicability in sports and hunting.
The Asia-Pacific regions led by China, India, Pakistan, and South and North Korea allocate a considerable budget to their defense and law enforcement objectives. In addition, the increasing incidence of interpersonal stalemates, asymmetric wars, terrorist activities, domestic violence, as well as increased economic development and improvement of the manufacturing industry, are deliberately helping to propel the market application.
The report examines in detail the present position of these companies in the market, their past performance, graph of supply and demand, production and consumption patterns, sales network, distribution channels and opportunities. growth in the market. The report examines the strategic approach of major market players to expand their product offering and strengthen their presence in the market. The major market competitors listed in the report are as follows:
Smith & Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta SpA and Raytheon Company, among others.
The regional bifurcation of the ammunition market includes:
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
The report aims to provide a comprehensive analysis of the global ammunition market with significant details of major market players based on relevant primary and secondary research data. The report also aims to benefit the user by providing constructive data to better understand the growth, size, and investment approaches of the market. Further, the report provides in-depth ammunition market analysis including key data such as factors influencing market growth, buyers and sellers, production and consumption, and revenue.
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Major Benefits of purchasing the Global Ammunition Market report:
Comprehensive analysis of the changing competitive landscape
Help with decision-making processes for companies as well as detailed strategic planning methodologies
Report Offers 8-Year Forecast and Assessment of Global Ammunition Market
Help understand key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends and opportunities
Comprehensive regional analysis of the global ammunition market
In-depth profiling of the main stakeholders in the commercial sphere
Detailed analysis of factors influencing the growth of the global ammunition market
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For the purpose of this report, Emergen Research has segmented the global ammunition market on the basis of type, end users, caliber, technology, lethality, component, materials used, and region:
Type Outlook (Revenue: Billions USD; Volume: Thousands of units; 2017-2027)
End User Outlook (Revenue: Billions USD; Volume: Thousands of Units; 2017-2027)
Caliber Outlook (Revenue: Billions USD; Volume: Thousands of Units; 2017-2027)
.338 Lapua Magnum
.338 Norma Magnum
Technology Outlook (Revenue: Billions USD; Volume: Thousands of Units; 2017-2027)
Lethality Outlook (Revenue: Billions USD; Volume: Thousands of Units; 2017-2027)
Component Outlook (Revenue: Billions USD; Volume: Thousands of Units; 2017-2027)
Rockets and primers
Projectiles and warheads
Materials Used Outlook (Revenue: USD billion; Volume: Thousands of Units; 2017-2027)
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