HOME Top Market Reports Ammunition Market by Types (Large Caliber, Medium Caliber and Small Caliber, Artillery, Mortar), by Geography (North America, Europe, APAC, Latin America, Africa) - Market Forecast & Analysis to 2013 - 2020

Ammunition Market by Types (Large Caliber, Medium Caliber and Small Caliber, Artillery, Mortar), by Geography (North America, Europe, APAC, Latin America, Africa) - Market Forecast & Analysis to 2013 - 2020

By: marketsandmarkets.com
Publishing Date: June 2014
Report Code: AS 2541

 

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The global ammunition market forecast report offers a complete analysis of the market across the forecast period of seven years from 2013 to 2020. It provides an analysis of the factors that drive the market, restrain the growth of the market, and the challenges faced by the industry.

The major factors driving the global market are the modernization programs, armed conflicts, and increase in expenditure by Russia, the Middle East, and Russia. However, the budget cuts in the U.S. and Europe and re-export of surplus ammunition restrains the growth of the market.

The report discusses the key industry, market, and technology trends that influence the global market. Wherein, standardization of weapon systems and demand for complete solutions are the recent market trend for the global ammunition market.

The report tracks, analyzes, and lays out the market size of major defense spenders in regions such as North America, Europe, the Middle East, APAC, Latin America, Africa, Russia, and provides the market share by types namely, large, medium, and small caliber, motor, and artillery ammunitions. It provides an insight into regional trends on spending, analyzes market size by region, and also provides the data on the expenditure pattern by types.

The leading competitors in the global market include ATK (Washington, D.C.), General Dynamics (U.S.), BAE systems (U.K.), Raytheon (U.S.), and Nammo (Norway). The general overview of these companies, their financial position, key products, and market share, are discussed in the report.

The report highlights the revenue analysis of the ammunition types with respect to countries such as the U.S., the U.K., Italy, France, Germany, China, India, Australia, Japan, South Korea, Egypt, Saudi Arabia, Israel, United Arab Emirates, Brazil, Argentina, Colombia, Sweden, Indonesia, Spain, Mexico, and Poland.

The global market is expected to be dominated by small caliber ammunition. The major market for the small caliber ammunition will be the U.S. and Brazil, and they are anticipated be the leader in production of ammunition in the near future.

Market covered

The global market is categorized on the basis of types, geography, and country.

Ammunition Revenue Forecast by Ammunition Type

Source: MarketsandMarkets Analysis

Table Of Contents
 
1 Introduction (Page No. - 17)
    1.1 Key Take-Aways
    1.2 Report Description
    1.3 Markets Covered
    1.4 Stakeholders
    1.5 Research Methodology

2 Executive Summary (Page No. - 22)

3 Market Overview (Page No. - 24)
    3.1 Market Definition
    3.2 Market Segmentation
    3.3 Overview

4 Market Dynamics (Page No. - 27)
    4.1 Introduction
    4.2 Drivers
          4.2.1 Impact Analysis of Drivers
          4.2.2 Modernization Programs
          4.2.3 Armed Conflicts
          4.2.4 Increase in Spending By Russia, Middle East & Asia
    4.3 Restraints
          4.3.1 Impact Analysis of Restraints
          4.3.2 Budget Cuts in U.S. and Europe
          4.3.3 Re-Exports of Surplus Ammunition
    4.4 Challenges
          4.4.1 Challenges in Manufacturing
          4.4.2 Technology Challenges
          4.4.3 Meeting Customer Needs
          4.4.4 New investments

5 Trend Analysis (Page No. - 35)
    5.1 Market Trend
          5.1.1 Standardization of Weapon Systems
          5.1.2 Demand For Complete Solutions
    5.2 Industry Trend
          5.2.1 Industry Consolidation
          5.2.2 Designing For the Global Marketplace
          5.2.3 Supply Chain Risk Management
          5.2.4 New Market Entry
          5.2.5 Privatization & Public-Private Partnership
    5.3 Technology Trend
          5.3.1 Design For Demilitarization (DFD)
          5.3.2 Sensor Fused Munitions
          5.3.3 Multi-Purpose Ammunition
          5.3.4 Implementing Safety Enhancements

6 Market Share Analysis (Page No. - 41)
    6.1 Global Ammunition Market
          6.1.1 Global Market Share Analysis
          6.1.2 Global Market Revenue Analysis
    6.2 Global Ammunition Market, By  Type
          6.2.1 Small Caliber Ammunition Market
                  6.2.1.1 5.56 MM Ammunition Market
                  6.2.1.2 7.62 MM Ammunition Market
                  6.2.1.3 9 MM Ammunition Market
                  6.2.1.4 12.7 MM Ammunition Market
          6.2.2 Large Caliber Ammunition Market
                  6.2.2.1 50 MM Ammunition Market
                  6.2.2.2 90 MM Ammunition Market
                  6.2.2.3 100 MM Ammunition Market
                  6.2.2.4 120 MM Ammunition Market
          6.2.3 Medium Caliber Ammunition Market
                  6.2.3.1 20 MM Ammunition Market
                  6.2.3.2 25 MM  Ammunition Market
                  6.2.3.3 30 MM Ammunition Market
                  6.2.3.4 40 MM Ammunition Market
          6.2.4 Artillery Ammunition Market
          6.2.5 Mortar Ammunition Market
    6.3 Global Ammunition Market, By Application
          6.3.1 Global Market, By Defense Application
          6.3.2 Global Market, By Homeland Security Application
          6.3.3 Global Market, By Commercial Application
    6.4 Regional Analysis
          6.4.1 Africa Revenue Forecast
          6.4.2 Africa Revenue Forecast By Ammunition Type
          6.4.3 Asia Revenue Forecast
          6.4.4 Asia Revenue Forecast By Type
          6.4.5 Europe Revenue Forecast
          6.4.6 Europe Revenue Forecast By Type
          6.4.7 Latin America Revenue Forecast
          6.4.8 Latin America Revenue Forecast   By Type
          6.4.9 Middle East Revenue Forecast
          6.4.10 Middle East Revenue Forecast By Type
          6.4.11 North America Revenue Forecast
          6.4.12 North America Revenue Forecast   By Type
          6.4.13 Russia Revenue Forecast
          6.4.14 Russia Revenue Forecast By Type
    6.5 Country Analysis
          6.5.1 United States Revenue Forecast
          6.5.2 United States Revenue Forecast   By Ammunition Type
          6.5.3 United Kingdom Revenue Forecast
          6.5.4 United Kingdom Revenue Forecast   By Type
          6.5.5 Italy Revenue Forecast
          6.5.6 Italy Revenue Forecast By Type
          6.5.7 France Revenue Forecast
          6.5.8 France Revenue Forecast By Type
          6.5.9 Germany Revenue Forecast
          6.5.10 Germany Revenue Forecast By Type
          6.5.11 China Revenue Forecast
          6.5.12 China Revenue Forecast By Type
          6.5.13 India Revenue Forecast
          6.5.14 India Revenue Forecast By Type
          6.5.15 Australia Revenue Forecast
          6.5.16 Australia Revenue Forecast By Type
          6.5.17 Japan Revenue Forecast
          6.5.18 Japan Revenue Forecast By Type
          6.5.19 South Korea Revenue Forecast
          6.5.20 South Korea Revenue Forecast   By Type
          6.5.21 South Africa Revenue Forecast
          6.5.22 South Africa Revenue Forecast By Type
          6.5.23 Egypt Revenue Forecast
          6.5.24 Egypt Revenue Forecast By Type
          6.5.25 Saudi Arabia Revenue Forecast
          6.5.26 Saudi Arabia Revenue Forecast By Type
          6.5.27 Israel Revenue Forecast
          6.5.28 Israel Revenue Forecast By Type
          6.5.29 United Arab Emirates Revenue Forecast
          6.5.30 United Arab Emirates Revenue Forecast By Ammunition Type
          6.5.31 Brazil Revenue Forecast
          6.5.32 Brazil Revenue Forecast By Ammunition Type
          6.5.33 Argentina Revenue Forecast
          6.5.34 Argentina Revenue Forecast By Type
          6.5.35 Colombia Revenue Forecast
          6.5.36 Colombia Revenue Forecast By Type
          6.5.37 Sweden Revenue Forecast
          6.5.38 Sweden Revenue Forecast By Type
          6.5.39 Indonesia Revenue Forecast
          6.5.40 Indonesia Revenue Forecast By Ammunition Type
          6.5.41 Spain Revenue Forecast
          6.5.42 Spain Revenue Forecast By Type
          6.5.43 Mexico Revenue Forecast
          6.5.44 Mexico Revenue Forecast By Ammunition Type
          6.5.45 Poland Revenue Forecast
          6.5.46 Poland Revenue Forecast By Ammunition Type

7 Competitive Landscape (Page No. - 128)

8 Company Profiles (Page No. - 131)
    8.1 Alliant Techsystems Inc (ATK)
          8.1.1 Introduction
          8.1.2 Domain and Services
          8.1.3 Financials
          8.1.4 Strategy
    8.2 General Dynamics
          8.2.1 Introduction
          8.2.2 Domain and Services
          8.2.3 Financials
          8.2.4 Strategy
    8.3 Rheinmetall Defence
          8.3.1 Introduction
          8.3.2 Domain and Services
          8.3.3 Financials
          8.3.4 Strategy
    8.4 BAE Systems
          8.4.1 Introduction
          8.4.2 Domain and Services
          8.4.3 Financials
          8.4.4 Strategy
    8.5 Nexter
          8.5.1 Introduction
          8.5.2 Domains and Services
          8.5.3 Strategy
 
 
List of Tables (69 Tables)

Table 1 Global Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 2 Global Market: Revenue Overview, By Ammunition Type, 2014 – 2020 ($Million)
Table 3 Global Market: Market Share Overview, By Type, 2014 ($Million)
Table 4 Global Market: Market Share Overview, By Type, 2020 ($Million)
Table 5 Global Market: Artillery Ammunition, Revenue Overview, 2014 – 2020 ($Million)
Table 6 Global Market: Large Caliber Ammunition, Revenue Overview, 2014 – 2020 ($Million)
Table 7 Global Market: Medium Caliber Ammunition, Revenue Overview, 2014 – 2020 ($Million)
Table 8 Global Market: Small Caliber Ammunition, Revenue Overview, 2014 – 2020 ($Million)
Table 9 Global Market: Mortar Ammunition Revenue, Overview, 2014 – 2020 ($Million)
Table 10 Africa Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 11 Africa Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 12 Asia Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 13 Asia Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 14 Europe Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 15 Europe Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 16 Latin America Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 17 Latin America Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 18 Middle East Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 19 Middle East Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 20 North America Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 21 North America Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 22 Russia Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 23 Russia Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 24 United States Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 25 United States Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 26 United Kingdom Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 27 United Kingdom Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 28 Italy Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 29 Italy Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 30 France Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 31 France Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 32 Germany Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 33 Germany Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 34 China Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 35 China Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 36 India Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 37 India Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 38 Australia Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 39 Australia Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 40 Japan Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 41 Japan Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 42 South Korea Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 43 South Korea Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 44 South Africa Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 45 South Africa Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 46 Egypt Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 47 Egypt Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 48 Saudi Arabia Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 49 Saudi Arabia Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 50 Israel Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 51 Israel Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 52 United Arab Emirates Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 53 United Arab Emirates Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 54 Brazil Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 55 Brazil Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 56 Argentina Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 57 Argentina Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 58 Colombia Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 59 Colombia Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 60 Sweden Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 61 Sweden Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 62 Indonesia Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 63 Indonesia Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 64 Spain Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 65 Spain Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 66 Mexico Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 67 Mexico Market: Revenue Overview, By Type, 2014 – 2020 ($Million)
Table 68 Poland Ammunition Market: Revenue Overview, 2014 – 2020 ($Million)
Table 69 Poland Market: Revenue Overview, By Type, 2014 – 2020 ($Million)


List of Figures (80 Figures)

Figure 1 Ammunition Market: Markets Covered
Figure 2 Market: Drivers and Restraints (Global), 2014–2020
Figure 3 Market: Impact Analysis of Drivers (Global), 2014–2020
Figure 4 Market: Impact Analysis of Restraints (Global), 2014 – 2020
Figure 5 Market: List of Challenges (Global), 2014–2020
Figure 6 Global Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 7 Global Market: Revenue Forecast, By Ammunition Type, 2014 – 2020 ($Million)
Figure 8 Global Market: Market Share Analysis, By Type, 2014 ($Million)
Figure 9 Global Market: Market Share Analysis, By Type, 2020 ($Million)
Figure 10 Global Market: Artillery Ammunition, Revenue Forecast, 2014 – 2020 ($Million)
Figure 11 Global Market: Large Caliber Ammunition, Revenue Forecast, 2014 – 2020 ($Million)
Figure 12 Global Market: Medium Caliber Ammunition, Revenue Forecast, 2014 – 2020 ($Million)
Figure 13 Global Market: Small Caliber Ammunition, Revenue Forecast, 2014 – 2020 ($Million)
Figure 14 Global Market: Mortar Ammunition Revenue, Forecast, 2014 – 2020 ($Million)
Figure 15 Africa Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 16 Africa Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 17 Asia Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 18 Asia Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 19 Europe Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 20 Europe Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 21 Latin America Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 22 Latin America Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 23 Middle East Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 24 Middle East Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 25 North America Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 26 North America Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 27 Russia Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 28 Russia Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 29 United States Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 30 United States Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 31 United Kingdom Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 32 United Kingdom Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 33 Italy Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 34 Italy Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 35 France Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 36 France Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 37 Germany Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 38 Germany Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 39 China Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 40 China Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 41 India Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 42 India Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 43 Australia Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 44 Australia Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 45 Japan Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 46 Japan Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 47 South Korea Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 48 South Korea Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 49 South Africa Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 50 South Africa Market: Revenue Forecast, By Type , 2014 – 2020 ($Million)
Figure 51 Egypt Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 52 Egypt Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 53 Saudi Arabia Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 54 Saudi Arabia Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 55 Israel Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 56 Israel Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 57 United Arab Emirates Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 58 United Arab Emirates Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 59 Brazil Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 60 Brazil Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 61 Argentina Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 62 Argentina Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 63 Colombia Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 64 Colombia Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 65 Sweden Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 66 Sweden Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 67 Indonesia Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 68 Indonesia Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 69 Spain Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 70 Spain Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 71 Mexico Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 72 Mexico Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 73 Poland Ammunition Market: Revenue Forecast, 2014 – 2020 ($Million)
Figure 74 Poland Market: Revenue Forecast, By Type, 2014 – 2020 ($Million)
Figure 75 Global Ammunition Market: Market Share Analysis, By Company, 2014 – 2020 ($Million)
Figure 76 Alliant Techsystems Inc: Revenue Analysis
Figure 77 General Dynamics: Revenue Analysis
Figure 78 Rheinmetall Defence: Revenue Analysis
Figure 79 BAE Systems: Revenue Analysis, 2007 – 2011 ($Billion)
Figure 80 BAE Systems: Profit Analysis, 2007 – 2011 ($Billion)

The global ammunition market is estimated to grow at a CAGR of 4.2% from 2013 to 2020.

Anything used in combat are ammunitions. These include bombs, missiles, warheads, landmines, naval mines, and anti-personnel mines. Ammunition are basically any form of weapon, be it nuclear, chemical, or biological, which can be used for mass destruction. The main objective of ammunition is to provide protection against a selected target.

This report describes the analysis and forecast of the augmenting of the global market. It is segmented on the basis of types, geography, and countries. The report highlights the factors driving the market, along with the restraints. In addition to this, it contains a brief about the recent technology, market, and industry trends in the market.

The type’s analysis exemplifies the forecast of five major types, small, medium, and large caliber ammunition, artillery ammunition, and mortar ammunition. Adjacent to this, the geographical analysis embodies the global ammunitions market forecast of major regions which include North America, Europe, APAC, the Middle East, Latin America, Africa, and Russia. Amongst which, Asia-pacific and the Middle East are currently dominating the market; but, the market for the European region is expected to show stable growth by 2020.

The report offers the leading competitors in the global market, a general overview of the companies, and also provides their financial position, key products, and market sizes. Few of the key players in this market are ATK (Washington, D.C.), General Dynamics (U.S.), BAE systems (U.K.), Raytheon (U.S.), and Nammo (Norway).

The demand created by the ongoing conflicts, is a major driver of the ammunition market. So is the modernization programs carried out across Asia aided by their economic growth and fueled by the rising territorial tensions in the region. Defense budget cuts across most of the west is expected to restrict the market and is anticipated to shape market and industry behavior during the forecast period. Decreasing demands in the west and increasing opportunities in the rest of the world is going to put an added pressure across the global ammunition industrial base, as they strive to thrive while facing unknown challenges on the way.

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