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Ammunition Market Size By Caliber Type (Small-Caliber, Medium-Caliber, and Large-Caliber), By Product (Centerfire and Rimfire), By Application (Commercial, Defense and Civil), Regions, Segmentation, and Projection till 2030

CAGR: 3.5%Current Market Size: USD 23.13 BillionFastest Growing Region: Europe

Largest Market: North AmericaProjection Time: 2023-2030Base Year: 2022

Global Ammunition Market- Market Overview:

The global ammunition market is expected to grow from USD 23.13 billion in 2022 to USD 30.45 billion by 2030, at a CAGR of 3.5% during the Projection period 2023-2030. The growth of this market is mainly driven owing to the rising demand from the defense sector.

A projectile and propelling charge used in artillery, small arms, and other guns are called ammunition, which is measured by caliber, which is the diameter in millimetres or inches of the projectile. There are various types of ammunition, along with different sizes and shapes, and is designed to operate with a certain range of weapons. Also, some ammunition is designed to only work with a certain kind of weapon. To facilitate the identification and avoid the use of erroneous ammunition types, ammunition is generally coloured in a distinctive manner. Ammunition, simply put, is the expression of force at a specific target. Essentially, ammunition is designed to project a force against a target chosen to have an impact. For example, a firearm cartridge is an example of ammunition that contains all the necessary components for delivering the weapon's impact. It comes in various types and sizes and is often used only for a single weapon system. It is expected that increased use of advanced materials in the production of lightweight ammunition will result in fuel-efficient transportation, which will in turn result in lower transportation costs. Additionally, as a result of the above-mentioned trend, more rounds will be transported within the same weight limits, positively influencing the growth of the market.

Sample Request: - Global Ammunition Market

Market Dynamics:

Drivers:                          

  • Military forces expansion

As geopolitical tensions, cross-border conflicts, and political unrest continue to rise, many countries, including those in the Middle East and Asia, are strengthening their armed forces. As the military forces expand and ammunition procurement increases, the market is expected to grow during the Projection period.

Restraints:         

  • Stringent trade and government policies

Regulations governing the manufacture, distribution, and licensing of ammunition will be imposed by the federal and state governments, thus restraints the market. For example, the U.S. Firearms and Ammunition Law regulates the shipment, transportation, and possession of firearms and ammunition. Additionally, it validates hunting and sporting licenses and permits, and restrictions on the possession of guns and ammunition will impede the adoption of products.

Opportunities:

  • Technological innovations

Growth opportunities are likely to arise from the increase in the procurement of enhanced products, and with advancements in technology, countries such as Russia and the United States are developing bullets that can turn, change speed, and send data. This product allows soldiers to shoot around corners while under protective cover. Technological developments by players are expected to contribute to the growth of the market.

Challenges:

  • Impact of COVID-19 breakdown on supply chains

Global economies were significantly affected by the COVID-19 pandemic. The disruptions in the supply chain affected the market growth for ammunition, which for the time being affected the production line. Several ammunition manufacturing units were put on hold, affecting assembly lines. Moreover, the ammunition market is expected to be challenged by varying regulations affecting procurement and international measures to control ammunition use in the Projection period.

Segmentation Analysis:

The global ammunition market has been segmented based on caliber type, product, application, and region.

By Caliber Type

The caliber type segment includes small-caliber, medium-caliber, and large-caliber. The small-caliber segment led the largest share of the ammunition market with a market share of around 40.4% in 2022. There is an increase in terrorist threats, expanding political disputes, and increased defense spending that is driving the growth of the small-caliber segment in 2021. During the forcasted period, the small caliber category is expected to increase significantly, primarily due to the increased use of small calibers in both handguns and rifles.

By Product

The product segment includes centerfire and rimfire. The centerfire segment led the largest share of the ammunition market with a market share of around 63.3% in 2022. The centerfire category topped the overall market in 2021, most firearms, shotguns, and other weapons used centerfire ammunition. Centerfire ammunition has a primer located in the center of its base, which makes it one of the most commonly used cartridges since it can be reloaded, and as a result of its ability to endure force and reuse casings, centerfire ammunition is considered a global norm by police, army, and security services worldwide.

By Application

The application segment includes commercial, defense and civil. The defense segment led the largest share of the ammunition market with a market share of around 49.8% in 2022. A growing number of cross-border conflicts has fueled the growth of the ammunition market throughout the world. Additionally, increasing geopolitical tension and terrorist activities are expected to increase product penetration. In military handguns, full metal jacket bullets are used on a large scale, whereas hollow-point bullets are used for greater accuracy by the air force.

Global Ammunition Market- Sales Analysis.

The sale of ammunition expanded at a CAGR of 3% from 2016 to 2022.

The expanding upgradation measures of numerous governments will support market expansion and sales. Defense organizations are always seeking to improve existing weapons and introduce more sophisticated weapons, including self-propelled howitzers. These reasons should drive the ammunition market's growth.

With the advent of lightweight bullets made from polymer-based cases and the increase in penetration of small-caliber ammunition due to the growing trend of using rifles and pistols in sports, ammunition market growth has been accelerated. Further growth is driven by military expenditure across countries.

Moreover, there is expected to be a positive impact on the small caliber ammunition segment due to the need to maintain adequate ammunition inventories among militaries worldwide and the increase in training ammunition demand. Further, several militaries have been involved in peacekeeping missions and counter-insurgency missions overseas and require a continuous supply of ammunition.

Thus, owing to the aforementioned factors, the global ammunition market is expected to grow at a CAGR of 3.5% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the ammunition market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region dominated the ammunition market and held a 38.7% share of the market revenue in 2022.

  • The North American region witnessed a major share. The Projection period is expected to see North America take the largest share of the market. There has been an increase in terrorism, which has led to the use of more ammunition by the armed forces, as well as an increase in drug cartel activity in Central America that are likely to drive market growth. As the threat of terrorism grows and gun laws become laxer, the consumption of bullets is expected to increase. As a consequence of the high demand from the U.S., the North American bullet market is expected to grow significantly. North America's defense budget has increased, which is affecting the bullet market significantly. U.S. Department of Defense's long-term competitive strategy for developing new technologies and warfare concepts is expected to contribute to market growth.
  • Europe is anticipated to experience significant growth during the Projection period. European governments provide guidelines on the possession and supply of firearms, and a protocol against the manufacture and trafficking of firearms. As a result of refugees from the Middle East and Syria, European defense systems have faced challenges. Over the Projection period, the ammunition market is expected to grow in Europe despite the threat of terrorism.

Global Ammunition Market - Country Analysis:

  • Germany

Germany's ammunition market size was valued at USD 2.07 billion in 2022 and is expected to reach USD 2.8 billion by 2030, at a CAGR of 3.9% from 2023 to 2030.

Among the measures taken by the European Union government are guidelines for weapon ownership, firearm supply in a single market, and the fight against firearm manufacturing and trafficking, boosting the country's market. In addition, the European military system has struggled to deal with migrants from the Middle East and Syria. Due to terrorism threats in Europe, the European ammunition market is expected to grow.

  • China

China’s ammunition market size was valued at USD 1.48 billion in 2022 and is expected to reach USD 1.9 billion by 2030, at a CAGR of 3.7% from 2023 to 2030.

There are vigorous investments in improving the local ammunition manufacturing capabilities of the country. The country is developing unique munition development plans and developing domestic production capabilities, which will benefit players. These countries are gradually gaining market share as they develop indigenous models both domestically and internationally.

  • India

India's ammunition market size was valued at USD 1.14 billion in 2022 and is expected to reach USD 1.5 billion by 2030, at a CAGR of 3.6% from 2023 to 2030.

 In order to combat rising crime, India invests in military modernization to curb violence, buying ammunition for its security forces and law enforcement groups. To prevent such security lapses from occurring and the subsequent loss of lives and property, regional law enforcement agencies have been procuring weapons in response to an increase in the number of terrorist attacks.

Key Industry Players Analysis:  

To increase their market position in the global ammunition market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

  • ST Engineering
  • Olin Corporation
  • Nexter KNDS Group
  • Remington Arms Company LLC
  • FN Herstal
  • BAE Systems, Inc.
  • General Dynamics Corporation
  • Vista Outdoor Operations LLC
  • Hanwha Corporation
  • Northrop Grumman Corporation

Latest Development:

  • In July 2020, The Northrop Grumman Corporation secured a deal with the US Army to sell the new airburst cartridge for the 30mm XM813 Bushmaster Chain Gun, which will be used on the Stryker Infantry Carrier Vehicle (ICV).
  • In March 2021, 155-millimetre ammunition specially designed to annihilate armored targets has been approved for delivery to BAE Systems as part of the US Army's BONUS weapons program. It will be used by Army's M109 self-propelled howitzers and M777 ultralightweight tow howitzers.
  • In January 2022, in order to modernize its mortar systems, the German Bundeswehr signed a contract with Rheinmetall under the 2021 order, with a gross volume of approximately EUR 27 million.
  • In April 2021, The Polish Armed Forces awarded Polish Armaments Group two contracts to supply 122 mm Feniks FHD rockets and 120 mm RAK-HE-1 mortar ammunition to enhance artillery capabilities.

Report Metrics

Report Attribute 

Details

Study Period

2022-2030

Base year

2022

CAGR (%)

3.5%

Market Size

23.13 billion in 2022

Projection period

2023-2030

Projection unit

Value (USD)

Segments covered

By Caliber Type, By Product, By Application, and By Region.

Report Scope

Revenue Projection, competitive landscape, company ranking, growth factors, and trends

Companies covered

ST Engineering, Olin Corporation, Nexter KNDS Group,Remington Arms Company LLC, FN Herstal, BAE Systems, Inc., General Dynamics Corporation, Vista Outdoor Operations LLC, Hanwha Corporation, and Northrop Grumman Corporation.

By Caliber Type

  • Small-Caliber
  • Medium-Caliber
  • Large-Caliber

By Product

  • Centerfire
  • Rimfire         

By Application

  • Commercial
  • Defense
  • Civil        

Regional scope

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Scope of the Report

Global Ammunition Market by Caliber Type:

  • Small-Caliber
  • Medium-Caliber
  • Large-Caliber

Global Ammunition Market by Product:

  • Centerfire
  • Rimfire

Global Ammunition Market by Application:

  • Commercial
  • Defense
  • Civil

Global Ammunition Market by Region:

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia
  • Asia-Pacific
    • Japan
    • China
    • India
    • Korea
    • Southeast Asia
  • South America
    • Brazil
    • Peru
  • Middle East and Africa
    • UAE
    • South Africa
    • Saudi Arabia

Frequently Asked Questions

What will be the expected market size of the ammunition market in 2030?

Global ammunition market is expected to reach USD 30.45 billion by 2030, at a CAGR of 3.5% from 2023 to 2030.

What are the driving factors of the ammunition market?

Technological innovations and military forces expansion.

Which region will witness more growth in the ammunition market?

North American region will witness more growth in the ammunition market.

What are the segments covered in the ammunition market report?

The segments covered in the ammunition market are; caliber type, product, application, and region.

What is the global ammunition market breakup based on the application?

Based on the application, the global ammunition market has been segmented into commercial, defense and civil.

Which are the leading market players active in the ammunition market?

Leading players in the ammunition market are ST Engineering, Olin Corporation, Nexter KNDS Group, Remington Arms Company LLC, FN Herstal, BAE Systems, Inc., General Dynamics Corporation, Vista Outdoor Operations LLC, Hanwha Corporation, Northrop Grumman Corporation among others.

Political Factors- The current governance structure in Singapore has served its purpose for a long time, and I don't believe much will change in the process, even if it may produce leaders who may make policy decisions that differ from the historical norm. ST Engineering must keep a close eye on industry-wide government initiatives in order to Projection trends. ST Engineering must manage a variety of rules in the many markets in which it operates. Singapore and other rising nations have modified policies regulating not only market access but also how companies in Aerospace & Defense can operate in the local market in recent years. ST Engineering has benefited from decreased taxation laws throughout the Western Hemisphere over the previous two decades.

Economic Factors- Singapore's government has increased its expenditure in creating basic infrastructure to enable and improve the business environment over the years. ST Engineering can leverage existing infrastructure to generate growth in Singapore's capital goods sector. The market's abundant liquidity following the Great Recession of 2018 will contribute to increased inflation in the Singapore economy. The increasing liberalisation of Singapore's trade policies can assist ST Engineering in investing deeper into regions that had previously been off-limits to the company.

Social Factors- Gender roles are changing in Singapore. ST Engineering can put numerous concepts to the test in order to adapt to and support the changing gender roles in Singapore society. Singapore's media outlets play an important role in influencing public opinion. In Singapore, both traditional and social media are quickly expanding. This trend can be used by ST Engineering to better advertise and position its products. Over the last decade, half of Singapore's population has had access to vital services. This is due to increased investment in public services.

Technological Factors- The latest technology is rapidly cutting capital goods manufacturing and servicing costs. ST Engineering must restructure its supply chain in order to suit both client expectations and cost frameworks. Singapore invests in research & development at both the macro and local levels. If there is a creative disruption environment and both government and commercial players are investing in finding innovative solutions. Latest technological advances implemented by ST Engineering competitors - This might provide a valuable insight into what the competitors are thinking and where the Aerospace & Defense business model is headed.

Environmental Factors- Extreme weather is also increasing ST Engineering's operating costs since it must invest in making its supply chain more flexible. The Paris Climate Agreement established certain targets for Singapore's national government to meet. This may lead to increased scrutiny of ST Engineering's environmental standards in Singapore. Environmental standards are also influencing product innovation priorities. Rather than adhering to traditional value propositions, many items are created to meet environmental norms and expectations. Waste management, particularly for facilities in urban areas, has become increasingly important for players such as ST Engineering. Singapore's government has established stringent guidelines for trash management in metropolitan areas.

Legal Factors- Over the last decade, data protection has evolved as a vital component of both privacy and intellectual property rights. ST Engineering must assess if Singapore has a strong data protection system in place. The amount of environmental rules in Singapore, as well as what ST Engineering must do to comply with those laws and regulations. Some countries adhere to international conventions, but resolution often takes years. Before entering an international market, ST Engineering must carefully analyse the typical time of individual circumstances.

  1. Introduction
    • 1. Objectives of the Study
    • 2. Market Definition
    • 3. Research Scope
  2. Research Methodology and Assumptions
  3. Executive Summary
  4. Premium Insights
    • 1. Porter’s Five Forces Analysis
    • 2. Value Chain Analysis
    • 3. Top Investment Pockets
      • 3.1. Market Attractiveness Analysis by Caliber Type
      • 3.2. Market Attractiveness Analysis by Product
      • 3.3. Market Attractiveness Analysis by Application
      • 3.4. Market Attractiveness Analysis by Region
    • 4. Industry Trends
  5. Market Dynamics
    • 1. Market Evaluation
    • 2. Drivers
      • 2.1. Military forces expansion
    • 3. Restraints
      • 3.1. Stringent trade and government policies
    • 4. Opportunities
      • 4.1. Technological innovations
    • 5. Challenges
      • 5.1. Impact of COVID-19 breakdown on supply chains
  1. Global Ammunition Market Analysis and Projection, By Caliber Type
    • 1. Segment Overview
    • 2. Small-Caliber
    • 3. Medium-Caliber
    • 4. Large-Caliber
  2. Global Ammunition Market Analysis and Projection, By Product
    • 1. Segment Overview
    • 2. Centerfire
    • 3. Rimfire
  3. Global Ammunition Market Analysis and Projection, By Application
    • 1. Segment Overview
    • 2. Commercial
    • 3. Defense
    • 4. Civil
  4. Global Ammunition Market Analysis and Projection, By Regional Analysis
    • 1. Segment Overview
    • 2. North America
      • 2.1. U.S.
      • 2.2. Canada
      • 2.3. Mexico
    • 3. Europe
      • 3.1. Germany
      • 3.2. France
      • 3.3. U.K.
      • 3.4. Italy
      • 3.5. Spain
    • 4. Asia-Pacific
      • 4.1. Japan
      • 4.2. China
      • 4.3. India
    • 5. South America
      • 5.1. Brazil
    • 6. Middle East and Africa
      • 6.1. UAE
      • 6.2. South Africa
  1. Global Ammunition Market-Competitive Landscape
    • Overview
    • Market Share of Key Players in the Ammunition Market
      • 2.1. Global Company Market Share
      • 2.2. North America Company Market Share
      • 2.3. Europe Company Market Share
      • 2.4. APAC Company Market Share
    • Competitive Situations and Trends
      • 3.1. Technology Launches and Developments
      • 3.2. Partnerships, Collaborations, and Agreements
      • 3.3. Mergers & Acquisitions
      • 3.4. Expansions
  1. Company Profiles
    • ST Engineering
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Olin Corporation
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Nexter KNDS Group
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Remington Arms Company LLC
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • FN Herstal
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • BAE Systems, Inc.
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • General Dynamics Corporation
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Vista Outdoor Operations LLC
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Hanwha Corporation
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis
    • Northrop Grumman Corporation
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

  1. Global Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  2. Global Small-Caliber, Ammunition Market, By Region, 2023–2030 (USD Billion)
  3. Global Medium-Caliber, Ammunition Market, By Region, 2023–2030 (USD Billion)
  4. Global Large-Caliber, Ammunition Market, By Region, 2023–2030 (USD Billion)
  5. Global Ammunition Market, By Product, 2023–2030 (USD Billion)
  6. Global Centerfire, Ammunition Market, By Region, 2023–2030 (USD Billion)
  7. Global Rimfire, Ammunition Market, By Region, 2023–2030 (USD Billion)
  8. Global Ammunition Market, By Application, 2023–2030 (USD Billion)
  9. Global Commercial, Ammunition Market, By Region, 2023–2030 (USD Billion)
  10. Global Defense, Ammunition Market, By Region, 2023–2030 (USD Billion)
  11. Global Civil, Ammunition Market, By Region, 2023–2030 (USD Billion)
  12. Global Ammunition Market, By Region, 2023–2030 (USD Billion)
  13. North America Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  14. North America Ammunition Market, By Product, 2023–2030 (USD Billion)
  15. North America Ammunition Market, By Application, 2023–2030 (USD Billion)
  16. USA Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  17. USA Ammunition Market, By Product, 2023–2030 (USD Billion)
  18. USA Ammunition Market, By Application, 2023–2030 (USD Billion)
  19. Canada Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  20. Canada Ammunition Market, By Product, 2023–2030 (USD Billion)
  21. Canada Ammunition Market, By Application, 2023–2030 (USD Billion)
  22. Mexico Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  23. Mexico Ammunition Market, By Product, 2023–2030 (USD Billion)
  24. Mexico Ammunition Market, By Application, 2023–2030 (USD Billion)
  25. Europe Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  26. Europe Ammunition Market, By Product, 2023–2030 (USD Billion)
  27. Europe Ammunition Market, By Application, 2023–2030 (USD Billion)
  28. Germany Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  29. Germany Ammunition Market, By Product, 2023–2030 (USD Billion)
  30. Germany Ammunition Market, By Application, 2023–2030 (USD Billion)
  31. France Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  32. France Ammunition Market, By Product, 2023–2030 (USD Billion)
  33. France Ammunition Market, By Application, 2023–2030 (USD Billion)
  34. UK Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  35. UK Ammunition Market, By Product, 2023–2030 (USD Billion)
  36. UK Ammunition Market, By Application, 2023–2030 (USD Billion)
  37. Italy Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  38. Italy Ammunition Market, By Product, 2023–2030 (USD Billion)
  39. Italy Ammunition Market, By Application, 2023–2030 (USD Billion)
  40. Spain Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  41. Spain Ammunition Market, By Product, 2023–2030 (USD Billion)
  42. Spain Ammunition Market, By Application, 2023–2030 (USD Billion)
  43. Asia Pacific Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  44. Asia Pacific Ammunition Market, By Product, 2023–2030 (USD Billion)
  45. Asia Pacific Ammunition Market, By Application, 2023–2030 (USD Billion)
  46. Japan Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  47. Japan Ammunition Market, By Product, 2023–2030 (USD Billion)
  48. Japan Ammunition Market, By Application, 2023–2030 (USD Billion)
  49. China Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  50. China Ammunition Market, By Product, 2023–2030 (USD Billion)
  51. China Ammunition Market, By Application, 2023–2030 (USD Billion)
  52. India Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  53. India Ammunition Market, By Product, 2023–2030 (USD Billion)
  54. India Ammunition Market, By Application, 2023–2030 (USD Billion)
  55. South America Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  56. South America Ammunition Market, By Product, 2023–2030 (USD Billion)
  57. South America Ammunition Market, By Application, 2023–2030 (USD Billion)
  58. Brazil Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  59. Brazil Ammunition Market, By Product, 2023–2030 (USD Billion)
  60. Brazil Ammunition Market, By Application, 2023–2030 (USD Billion)
  61. Middle East and Africa Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  62. Middle East and Africa Ammunition Market, By Product, 2023–2030 (USD Billion)
  63. Middle East and Africa Ammunition Market, By Application, 2023–2030 (USD Billion)
  64. UAE Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  65. UAE Ammunition Market, By Product, 2023–2030 (USD Billion)
  66. UAE Ammunition Market, By Application, 2023–2030 (USD Billion)
  67. South Africa Ammunition Market, By Caliber Type, 2023–2030 (USD Billion)
  68. South Africa Ammunition Market, By Product, 2023–2030 (USD Billion)
  69. South Africa Ammunition Market, By Application, 2023–2030 (USD Billion)

List of Figures 

  1. Global Ammunition Market Segmentation
  2. Ammunition Market: Research Methodology
  3. Market Size Estimation Methodology: Bottom-Up Approach
  4. Market Size Estimation Methodology: Top-Down Approach
  5. Data Triangulation
  6. Porter’s Five Forces Analysis
  7. Value Chain Analysis
  8. Global Ammunition Market Attractiveness Analysis by Caliber Type
  9. Global Ammunition Market Attractiveness Analysis by Product
  10. Global Ammunition Market Attractiveness Analysis by Application
  11. Global Ammunition Market Attractiveness Analysis by Region
  12. Global Ammunition Market: Dynamics
  13. Global Ammunition Market Share by Caliber Type (2023 & 2030)
  14. Global Ammunition Market Share by Product (2023 & 2030)
  15. Global Ammunition Market Share by Application (2023 & 2030)
  16. Global Ammunition Market Share by Regions (2023 & 2030)
  17. Global Ammunition Market Share by Company (2021)

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