Ammunition Market Emerging Trends and Competitive Landscape Forecast To 2025

North American ammunition market will hold more than 90% of the U.S. market revenue share by 2025. The growth can be accredited to the accelerating defense and military throughout the region. For example, the U.S. military expenses accounted for almost $650 billion in 2018. In addition, the government has been focusing on revolutionizing and upgrading the military equipment and developing the defense forces for greater protection from terrorism, thus intensifying ammunition industry share over the forecast period.
The U.S. government has also been concerned about the criminal activities in the region which is supporting the advancement of the defense and military sector. Also, use of small and medium caliber ammunition in recreational activities will propel North America ammunition market size growth.
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A significant increase in terrorist activities throughout the world has accelerated the demand of arms, fueling ammunition market share. Strict measures have been introduced by the governments worldwide to mitigate terrorism which has spurred the ammunition industry trends. Additionally, growing participation of people in recreational activities like hunting and sports is anticipated to provide potential growth opportunities to the ammunition industry players by 2025.
In 2015, small caliber ammunition market held more than 45% of the overall revenue share. The growth can be attributed to the wide range of applications in small arms including rifles and handguns for sports, personal defense activities, and hunting. Prevalence of recreational activities has also increased among people which has helped ammunition industry outlook to expand over 2016-2025.
Growing popularity of recreational activities like shooting is likely to expedite the ammunition industry outlook over 2019-2025. Various associations and organizations have initiated activities to support and promote shooting sports which is an encouraging indication for the growth of ammunition market share.
Evolving interest towards shooting and hunting as a leisure and recreational activity promotes the overall product consumption, which in turn fuel ammunition industry trends in the times to come. Lately, various training programs which support and promote hunting and shooting activities without harming the consumers are being conducted all over. Such lucrative growth prospects offered by recreation activities will drive ammunition market outlook in the near future.
Ammunition market players have been involved in research and development activities for bringing about advanced bullet solutions which have been noted to significantly drive industry size. For example, Russia based SPA Pribor has reportedly announced the evolvement of advanced 30mm cartridges for light artillery created by plastic. This allows effective shooting performance coupled with enhanced barrel service life. Hence, increasing research and development activities will consequently help to expand ammunition market size by 2025.
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Table Of Content
Chapter 1   Methodology & Scope
1.1    Research Methodology
1.1.1    Initial data exploration
1.1.2    Statistical model and forecast
1.1.3    Industry insights and validation
1.1.4.    Research scope and assumptions
1.2   Data Sources
1.2.1.    Primary Sources
1.2.2.    Secondary Sources
Chapter 2    Executive Summary
2.1     Ammunition industry 3600 synopsis, 2012 - 2025
2.1.1    Business trends
2.1.2    Regional trends
2.1.3    Caliber type trends
2.1.4    Application trends
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