Market Trends – Higher demand for the smart guns & its Ammunition

VANCOUVER, BC, CANADA, April 11, 2023 /EINPresswire.com/ -- The Global Ammunition 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 for self-defense, rising domestic violence & terrorist activities, increasing interests in bird-hunting, usage of the ammunition in sports, and availability of the cost effective weapons with ammunition, 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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Highlights of the Table of Contents:

Report Overview

Research Scope

Key Ammunition market segments

Target players

Market analysis by type

Market analysis by application

Key learning objectives

Report timeline

Global Growth Trends

Global Ammunition market size

Latest trends of the Ammunition market by region

Key corporate trends

Ammunition Market shares of the key players

Global Ammunition size by manufacturers

Global Ammunition market key players

Products/solutions/services of major players

New entrants in the Ammunition market

Mergers, acquisitions, joint ventures, and expansion plans

Ammunition Market by product segmentation

Global Ammunition Sales by Product

Global Ammunition by Product Revenue

The leading market contenders listed in the report are:

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, among others.

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Segments Covered in this report are:

For the purpose of this report, Emergen Research has segmented into the global Ammunition 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

Geographical Analysis:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research
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