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Global Ammunition (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars) Markets, 2019-2025

/EIN News/ -- Dublin, April 17, 2019 (GLOBE NEWSWIRE) -- The "Ammunition Market by Application (Defense, Civil & Commercial), Caliber (Small, Medium, Large), Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), Component, Guidance, Lethality, Region - Global Forecast to 2025" report has been added to's offering.

The ammunition market is projected to grow from USD 25.94 billion in 2019 to USD 32.31 billion by 2025, at a CAGR of 3.73% from 2019 to 2025.

Terrorism, regional conflicts, and geopolitical disputes, among others, have become common across the globe. They have resulted in increased risks to the security of countries, thereby impacting their civil population. As such, governments of different countries are procuring and maintaining an inventory of advanced warfare equipment and ammunition. Ammunition form an integral component of the combat equipment and arms, possessed by various military and law enforcement agencies across the globe.

The North America and Asia Pacific regions have been identified as the high-potential markets for ammunition due to increasing instances of asymmetric warfare in these regions in recent years. The market in other regions including Europe and the Middle East is also witnessing significant growth due to ongoing programs for the modernization and upgradation of ammunition to enhance the combat capabilities of defense forces.

The Asia Pacific region is expected to lead the market in 2019 by accounting for the largest share of 44.2% of the market. The Asia Pacific ammunition market is projected to grow at the highest CAGR of 4.19% during the forecast period. This report provides a detailed study of the ammunition market segmented and analyzed based on application, caliber, product, component, guidance, lethality, and region.

Based on application, the market has been classified into defense and civil & commercial. The defense segment is projected to lead the market from 2019 to 2024. This segment is projected to grow from USD 19.96 billion in 2019 to USD 24.69 billion by 2025, at a CAGR of 3.61% during the forecast period.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Geopolitical Tensions, Territorial Conflicts, and Political Unrest in Various Countries of the Middle East and Asia Pacific Regions Upsurge in Terrorist Attacks in OECD Countries Military Modernization Programs Being Carried Out in Major Countries Across the Globe Increased Use of Guns for Personal Safety and Shooting Sports
5.2.2 Restraints Formulation and Stringent Implementation of Gun Control Legislation Differences in Economic, Legal, and Political Regulations Affect the Procurement of Ammunition
5.2.3 Opportunities Continuous R&D Activities to Develop Advanced Ammunition Increased Demand for Advanced Medium and Large Caliber Ammunition From Emerging Economies Stockpiling of Ammunition Development of Lightweight Ammunition
5.2.4 Challenges Proliferation of Illicitly Manufactured Ammunition Leading to Restrictions From Various International Organizations

6 Industry Trends
6.1 Introduction
6.3 Technology Trends
6.3.1 Lightweight Ammunition
6.3.2 Precision-Guided Munition (PGM)
6.3.3 Multipurpose Munition
6.3.4 Optically Initiated Ammunition
6.4 Advancements in Ammunition Technologies
6.4.1 Cartridge-Based Ammunition Laser-Initiated Ammunition One-Way Luminescence Projectiles Pre-Fragmented Ammunition General-Purpose Caliber Ammunition Green Ammunition Cased Telescoped Ammunition Polymer Cased Cartridges Caseless Ammunition Self-Guided Smart Bullets Biodegradable Plant-Growing Bullets
6.4.2 Smart Weapon Ammunition Micro Inertial Navigation Technology Extreme Accuracy Tasked Ordinance Precision Inertial Navigation Systems Inertial Measurement Units
6.5 Ammunition Regulatory Bodies, By Region
6.6 Innovations & Patent Registrations

7 Ammunition Market, By Application
7.1 Introduction
7.2 Defense
7.2.1 Military
7.2.2 Homeland Security
7.3 Civil & Commercial
7.3.1 Sporting
7.3.2 Hunting
7.3.3 Self-Defense
7.3.4 Others

8 Ammunition Market, By Caliber
8.1 Introduction
8.2 Small Caliber Ammunition
8.2.1 5.56mm
8.2.2 7.62mm
8.2.3 12.7mm
8.2.4 14.5mm
8.3 Medium Caliber Ammunition
8.3.1 20mm
8.3.2 25mm
8.3.3 30mm
8.3.4 40mm
8.4 Large Caliber Ammunition
8.4.1 60mm
8.4.2 81mm
8.4.3 120mm
8.4.4 155mm
8.4.5 Others
8.5 Others

9 Ammunition Market, By Product
9.1 Introduction
9.2 Bullets
9.2.1 Very High Demand of Bullets By Infantry Soldiers, Homeland Security Personnel and Civilians
9.3 Aerial Bombs
9.3.1 Increasing Use of Aerial Bombs in Anti-Terrorist Operations
9.4 Grenades
9.4.1 Demand of Grenades for Automatic Grenade Launchers
9.5 Artillery Shells
9.5.1 Growing Use of Artillery Shells During Conflicts for Long Range Targeting
9.6 Mortars
9.6.1 High Demand of Low Cost Mortars in Asia Pacific Countries
9.7 Others

10 Ammunition Market, By Component
10.1 Introduction
10.2 Fuzes & Primers
10.2.1 Primers Rimfire Primers Centerfire Primers
10.2.2 Fuzes Time Fuzes Impact Fuzes Proximity Fuzes Combination Fuzes
10.3 Propellants
10.3.1 High Demand of Gun Powder in Bullets
10.4 Bases
10.4.1 High Demand of Copper Base in Conventional Ammunition
10.5 Projectiles and Warheads
10.5.1 Increasing Development of New Varieties of Warheads
10.6 Others

11 Ammunition Market, By Guidance
11.1 Introduction
11.2 Guided
11.2.1 Increasing Demand of Precision Guided Ammunition and Transition From Unguided Ammunition to Guided Ammunition
11.3 Non-Guided
11.3.1 Very High Use of Conventional Non-Guided Ammunition By Military Forces Worldwide

12 Ammunition Market, By Lethality
12.1 Introduction
12.2 Less-Lethal
12.3 Lethal

13 Regional Analysis

14 Competitive Landscape
14.1 Introduction
14.2 Competitive Leadership Mapping
14.3 Major Player, 2019
14.4 Competitive Situations and Trends

15 Company Profiles
15.1 Introduction
15.2 Northrop Grumman (Orbital ATK Inc.)
15.3 Olin Corporation
15.4 General Dynamics Corporation
15.5 Nammo as
15.6 BAE Systems
15.7 RUAG (RUAG Ammotec)
15.8 Denel SOC Ltd.
15.9 Poongsan Corporation
15.10 Vista Outdoor Inc.
15.11 Rosoboronexport
15.12 Rheinmetall AG
15.13 Nexter
15.14 ST Engineering
15.15 Thales
15.16 Hanwha Corporation
15.17 Maxam (EXPAL)
15.18 Yugoimport-Sdpr J.P.
15.19 CBC Global Ammunition
15.20 FN Herstal
15.21 Chemring Group PLC

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