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    Ammunition Market Size, Share, Industry, Russia-Ukraine War Impact Analysis and Regional Forecast, 2024-2032

    35 Mins Read
    • By Caliber (Small, Medium, Large)
      • By Small Caliber (5.56mm, 7.62mm, 9mm, 12.7mm, .338 Lapua Magnum, .338 Norma Magnum, 14.5mm and Others)
      • By Medium Caliber (20mm, 25mm, 30mm, 40mm and 60mm)
      • By Large Caliber (81mm, 120mm, 155mm and Others)
    • By Product Type (Bullets, Aerial Bombs, Grenades, Artillery Shells and Mortars)
    • By Component (Fuses & Primes, Propellants, Casing, Base, Projectiles & Warheads and Others)
    • By Application (Military, Homeland Security and Civil & Commercial)
    • By Guidance (Non-guided and Guided)
    Region: Global Format: PDF Report ID: RNG13005

    AMMUNITION MARKET REPORT CUSTOMIZATION

    Additional Qualitative Customization
    • Pricing Analysis of Ammunition
    • List of Component Suppliers
    Additional Scope Customization
    • By Lethality
      • Lethal
      • Less Lethal
    • By Method
      • Centerfire
      • Rimfire
    Cross Segment Customization
    • By Caliber
      • By Component
    Additional Country Level Analysis in Customization
    • Europe (Albania, Belgium, Czech Republic, Denmark, Finland, Greece, Hungary, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Romania, Sweden, Ukraine)
    • Asia Pacific (Cambodia, Indonesia, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Thailand, Vietnam)
    • Middle East and Africa (Egypt, Iran, Iraq, Jordan, Kuwait, Morocco, Oman, Qatar, South Africa)
    • Latin America (Ecuador, Peru, Chile, Mexico, Argentina)

    REPORT OVERVIEW

    The global ammunition market size was valued at USD XX billion in the year 2023. The Ammunition market is projected to grow from USD XX billion in 2024 to USD XX billion by the year 2032, exhibiting a notable CAGR of XX %.

    Ammunition refers to the guided or non-guided projectile which is fired towards the target. Different types of ammunition include bullets, aerial bombs, grenades, artillery shells and mortars. These ammunitions are made of different components such as fuses, prime, casing, projectile, guidance system, propellent and so on. Depending on the propellent, angle of attack, gun system and size of ammunition, range of projectiles vary from several yards to kilometers. For instance, 155mm IM HE-ER of Nammo AS has a range of more than 40 km. There are many variants of similar size or category of ammunition depending on propellent, guidance system, projectile and so on.

    Rising geopolitical tension and cross border conflicts have proliferated the global ammunition market. Moreover, technological advancements and new facility development also boost the regional ammunition market. For instance, in February 2024, Adani Defence & Aerospace inaugurated ammunition manufacturing facility in Kanpur, India. The facility has already started manufacturing small caliber ammunition. Such developments catalyze the ammunition market by improving supply chain management in the market economy.

    GLOBAL AMMUNITION MARKET TREND

    Smart Ammunition and Implementation of AI is a Prominent Trend for Global Ammunition Market

    Recent advancements and implementation of AI in ammunition has led to increased fire rate and accuracy of attack. For instance, in December 2023, China announced to develop smart AI rail gun with firing capacity of 120 rounds at hypersonic speed of Mach 6. This electromagnetic rail gun processed the data of more than 100,000 sensors for real time identification of targets.

    Moreover, Industry-University-Research Institute (IUR) collaborations have further proliferated the technological advancements in ammunition. For example, in February 2024, Munition India Limited (MIL) has collaborated with IIT Madras for development of smart ammunition with accuracy of 10m circular error probable (CEP). IIT Madras also aims utilize Indian Regional Navigation Satellite System (IRNSS) for artillery ammunition guidance system. Similar developments in remote controlled ammunition through military drone boost the global ammunition market.

    DRIVING FACTORS FOR GLOBAL AMMUNITION MARKET OUTLOOK

    Increased Cross Border Conflict and Developments in Production Facilities will Catalyze the Ammunition Market Growth

    Rising cross border conflicts such as  Armenia–Azerbaijan, China-Taiwan, Russia-Ukraine, India-China, Bangladesh–Myanmar, India-Pakistan and so on have led to increased emphasize on advanced military platforms and ammunition inventories. Major countries are establishing and expanding their ammunition facilities to meet the upcoming demand and reduce dependence on foreign countries in war situation. For instance, in January 2024, Norwegian Ministry of Defence announced to invest USD 190 million to increase the production capacity of ammunition. In December 2023, Finland has also announced to double the production capacity of ammunition for mortar and artillery.

    Similarly, in December 2023, BAE Systems Ordnance Systems Inc. was awarded with USD 8.8 billion contract from U.S. government to operate Holston Army Ammunition Plant for next 10 years. Similar developments across the majority of countries such as Australia, Hungary, India, Israel and Russia to name few catalyzes the global ammunition market growth during forecast period.

    Global Defense Budget – Year 2022 (in USD Billion)

    Global Ammunition Market Statistics

    RESTRAINING FACTORS FOR GLOBAL AMMUNITION MARKET ECONOMY

    Ammunition Stockpile and Lack of Standardization May Hamper the Global Ammunition Market Forecast

    Lack of standardization across the globe for different ammunition platforms led to stockpile. Moreover, narrowed strategic policies also restrict interchangeability of ammunition among countries. Such situations may lead to shortage of ammunition during war situations. For instance, Ukraine has faced the ammunition shortage owing to such limitation in the market. Owing to the ammunition shortage, Russia has also changed the strategy to smaller infantry groups so that Ukraine would need five times more ammunition. Hence, standardization at global level plays a vital role in ammunition market economy.

    REGIONAL INSIGHTS

    In terms of region, the market is divided into Europe, North America, Latin America, Asia Pacific, and Middle East & Africa. Increasing cross border conflict and higher defense spending across the globe significantly boost the global ammunition market. During the year 2023, defense spending has been increased by 9% across the globe.

    Moreover, increased use of ammunitions during Russia-Ukraine and Israel-Gaza war has demonstrated the vital role of ammunition in national security. Most of the countries have planned to expand new ammunition manufacturing facilities to reduce the dependence on imports. Besides major countries, emerging nations are also showing their interest in establishing ammunition manufacturing facilities. For instance, in October 2023, Zambia explored market opportunity to manufacture ammunition and small arms with the help of India. Such initiatives will eliminate supply chain issues and catalyze the market growth for ammunition.

    KEY INDUSTRY PLAYERS

    Key Players are Focusing on Collaborations and Technological Advancements to increase the Global Ammunition Market Share

    The global ammunition market is relatively consolidated in nature with the presence of key players, such as Thales Group, BAE Systems, Nexter Group, Rheinmetall AG and so on. These players are focusing on expanding their regional presence through collaborations and technological adoption.

    LIST OF KEY MARKET PLAYERS

    KEY INDUSTRY DEVELOPMENTS:

    In February 2024, Adani Defence & Aerospace inaugurated ammunition manufacturing facility in Kanpur, India. The facility has already started manufacturing small caliber ammunition.

    In February 2024, Munition India Limited (MIL) has collaborated with IIT Madras for development of smart ammunition with accuracy of 10m circular error probable (CEP). IIT Madras also aims utilize Indian Regional Navigation Satellite System (IRNSS) for artillery ammunition guidance system.

    In December 2023, China announced to develop smart AI rail gun with firing capacity of 120 rounds at hypersonic speed of Mach 6. This electromagnetic rail gun processed the data of more than 100,000 sensors for real time identification of targets.

    GLOBAL AMMUNITION MARKET ANALYSIS COVERAGE

    The ammunition market research report provides a detailed market analysis by comprising all major aspects such as market estimation, market forecast, supply chain analysis, impact of regulations and so on. Moreover, the market report offers insights into ammunition market trends and highlights major industry developments across the globe.

    AMMUNITION MARKET REPORT SCOPE & SEGMENTATION

    Study Period 2019-2032
    Base Year 2023
    Forecast Period 2024-2032
    Historical Period 2019-2022
    Growth Rate CAGR of XX% from 2024 to 2032
    Unit Value (USD Billion)
    Market Segmentation By Caliber
    • Small
      • 56mm
      • 62mm
      • 9mm
      • 7mm
      • .338 Lapua Magnum
      • .338 Norma Magnum
      • 5mm
      • Others
    • Medium
      • 20mm
      • 25mm
      • 30mm
      • 40mm
      • 60mm
    • Large
      • 81mm
      • 120mm
      • 155mm
      • Others
    By Component
    • Fuses & Primes
    • Propellants
    • Casing
    • Base
    • Projectiles and Warheads
    • Others
    By Product Type
    • Bullets
    • Aerial Bombs
    • Grenades
    • Artillery Shells
    • Mortars
    By End User
    • Military
    • Homeland Security
    • Civil & Commercial
    By Guidance
    • Non-guided
    • Guided
    By Geography
    • North America Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • U.S. (By Component)
      • Canada (By Component)
    • Europe Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • U.K. (By Component)
      • Germany (By Component)
      • France (By Component)
      • Russia (By Component)
      • Italy (By Component)
      • Spain (By Component)
      • Nordic Countries (By Component)
      • Rest of Europe (By Component)
    • Asia Pacific Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • China (By Component)
      • India (By Component)
      • Japan (By Component)
      • South Korea (By Component)
      • Australia (By Component)
      • Taiwan (By Component)
      • Rest of Asia Pacific (By Component)
    • Middle East & Africa Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • UAE (By Component)
      • Saudi Arabia (By Component)
      • Israel (By Component)
      • Algeria (By Component)
      • Turkey (By Component)
      • Rest of the Middle East & Africa (By Component)
    • Latin America Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • Brazil (By Component)
      • Colombia (By Component)
      • Rest of Latin America (By Component)

    Frequently Asked Questions

    Ammunition refers to the guided or non-guided projectile which is fired towards the target. Different types of ammunition include bullets, aerial bombs, grenades, artillery shells and mortars. These ammunitions are made of different components such as fuses, prime, casing, projectile, guidance system, propellent and so on.

    Increased Cross Border Conflict and Developments in Production Facilities will Catalyze the Ammunition Market Growth

    Ammunition Stockpile and Lack of Standardization May Hamper the Ammunition Market Growth

    Some of the top players in the market are Thales Group, BAE Systems, Nexter Group, Rheinmetall AG and so on.

     1. Introduction
           1.1. Research Scope
           1.2. Market Segmentation
           1.3. Research Methodology
           1.4. Definitions and Assumptions
     2. Executive Summary
     3. Market Dynamics
           3.1. Market Drivers
           3.2. Market Restraints
          3.3. Market Opportunities
          3.4. Market Trends
     4. Key Insights
          4.1. Market Penetration Strategies – Merger & Acquisition, Partnership & Collaboration, R&D Investment and Others
          4.2. Regulatory Landscape
          4.3. Supply Chain Analysis
          4.4. Latest Technological Advancements
          4.5. Qualitative Insights – Impact of Russia-Ukraine War on Global Ammunition Market
     5. Global Ammunition Market Analysis, Insights and Forecast, 2019-2032
           5.1 Key Findings / Definition
           5.2. Market Analysis, Insights and Forecast – By Caliber
                   5.2.1. Small
                   5.2.2. Medium
                   5.2.3. Large
           5.3. Market Analysis, Insights and Forecast – By Small Caliber
                   5.3.1. 5.56mm
                   5.3.2. 7.62mm
                   5.3.3. 9mm
                   5.3.4. 12.7mm
                   5.3.5. .338 Lapua Magnum
                   5.3.6. .338 Norma Magnum
                   5.3.7. 14.5mm
                   5.3.8. Others
           5.4. Market Analysis, Insights and Forecast – By Medium Caliber
                   5.4.1. 20mm
                   5.4.2. 25mm
                   5.4.3. 30mm
                   5.4.4. 40mm
                   5.4.5. 60mm
           5.5. Market Analysis, Insights and Forecast – By Large Caliber
                   5.5.1. 81mm
                   5.5.2. 120mm
                   5.5.3. 155mm
                   5.5.4. Others
           5.6. Market Analysis, Insights and Forecast – By Product Type
                   5.6.1. Bullets
                   5.6.2. Aerial Bombs
                   5.6.3. Grenades
                   5.6.4. Artillery Shells
                   5.6.5. Mortars
           5.7. Market Analysis, Insights and Forecast – By Component
                   5.7.1. Fuses & Primes
                   5.7.2. Propellants
                   5.7.3. Casing
                   5.7.4. Base
                   5.7.5. Projectiles and Warheads
                   5.7.6. Others
           5.8. Market Analysis, Insights and Forecast – By Application
                   5.8.1. Military
                   5.8.2. Homeland Security
                   5.8.3. Civil & Commercial
           5.9. Market Analysis, Insights and Forecast – By Guidance
                   5.9.1. Non-guided
                   5.9.2. Guided
           5.10. Market Analysis, Insights and Forecast – By Region
                   5.10.1. North America
                   5.10.2. Europe
                   5.10.3. Asia Pacific
                   5.10.4. Middle East and Africa
                   5.10.5. Latin America
    6. North America Ammunition Market Analysis, Insights and Forecast, 2019-2032
           6.1. Market Analysis, Insights and Forecast – By Caliber
                   6.1.1. Small
                   6.1.2. Medium
                   6.1.3. Large
           6.2. Market Analysis, Insights and Forecast – By Small Caliber
                   6.2.1. 5.56mm
                   6.2.2. 7.62mm
                   6.2.3. 9mm
                   6.2.4. 12.7mm
                   6.2.5. .338 Lapua Magnum
                   6.2.6. .338 Norma Magnum
                   6.2.7. 14.5mm
                   6.2.8. Others
           6.3. Market Analysis, Insights and Forecast – By Medium Caliber
                   6.3.1. 20mm
                   6.3.2. 25mm
                   6.3.3. 30mm
                   6.3.4. 40mm
                   6.3.5. 60mm
           6.4. Market Analysis, Insights and Forecast – By Large Caliber
                   6.4.1. 81mm
                   6.4.2. 120mm
                   6.4.3. 155mm
                   6.4.4. Others
           6.5. Market Analysis, Insights and Forecast – By Product Type
                   6.5.1. Bullets
                   6.5.2. Aerial Bombs
                   6.5.3. Grenades
                   6.5.4. Artillery Shells
                   6.5.5. Mortars
           6.6. Market Analysis, Insights and Forecast – By Component
                   6.6.1. Fuses & Primes
                   6.6.2. Propellants
                   6.6.3. Casing
                   6.6.4. Base
                   6.6.5. Projectiles and Warheads
                   6.6.6. Others
           6.7. Market Analysis, Insights and Forecast – By Application
                   6.7.1. Military
                   6.7.2. Homeland Security
                   6.7.3. Civil & Commercial
           6.8. Market Analysis, Insights and Forecast – By Guidance
                   6.8.1. Non-guided
                   6.8.2. Guided
           6.9. Market Analysis, Insights and Forecast – By Country
                   6.9.1. U.S.
                           6.9.1.1. Market Analysis, Insights and Forecast – By Component
                               6.9.1.1.1. Fuses & Primes
                               6.9.1.1.2. Propellants
                               6.9.1.1.3. Casing
                               6.9.1.1.4. Base
                               6.9.1.1.5. Projectiles and Warheads
                               6.9.1.1.6. Others
                   6.9.2. Canada
                           6.9.2.1. Market Analysis, Insights and Forecast – By Component
                               6.9.2.1.1. Fuses & Primes
                               6.9.2.1.2. Propellants
                               6.9.2.1.3. Casing
                               6.9.2.1.4. Base
                               6.9.2.1.5. Projectiles and Warheads
                               6.9.2.1.6. Others
    7. Europe Ammunition Market Analysis, Insights and Forecast, 2019-2032
           7.1. Market Analysis, Insights and Forecast – By Caliber
                   7.1.1. Small
                   7.1.2. Medium
                   7.1.3. Large
           7.2. Market Analysis, Insights and Forecast – By Small Caliber
                   7.2.1. 5.56mm
                   7.2.2. 7.62mm
                   7.2.3. 9mm
                   7.2.4. 12.7mm
                   7.2.5. .338 Lapua Magnum
                   7.2.6. .338 Norma Magnum
                   7.2.7. 14.5mm
                   7.2.8. Others
           7.3. Market Analysis, Insights and Forecast – By Medium Caliber
                   7.3.1. 20mm
                   7.3.2. 25mm
                   7.3.3. 30mm
                   7.3.4. 40mm
                   7.3.5. 60mm
           7.4. Market Analysis, Insights and Forecast – By Large Caliber
                   7.4.1. 81mm
                   7.4.2. 120mm
                   7.4.3. 155mm
                   7.4.4. Others
           7.5. Market Analysis, Insights and Forecast – By Product Type
                   7.5.1. Bullets
                   7.5.2. Aerial Bombs
                   7.5.3. Grenades
                   7.5.4. Artillery Shells
                   7.5.5. Mortars
           7.6. Market Analysis, Insights and Forecast – By Component
                   7.6.1. Fuses & Primes
                   7.6.2. Propellants
                   7.6.3. Casing
                   7.6.4. Base
                   7.6.5. Projectiles and Warheads
                   7.6.6. Others
           7.7. Market Analysis, Insights and Forecast – By Application
                   7.7.1. Military
                   7.7.2. Homeland Security
                   7.7.3. Civil & Commercial
           7.8. Market Analysis, Insights and Forecast – By Guidance
                   7.8.1. Non-guided
                   7.8.2. Guided
           7.9. Market Analysis, Insights and Forecast – By Country
                   7.9.1. U.K.
                           7.9.1.1. Market Analysis, Insights and Forecast – By Component
                               7.9.1.1.1. Fuses & Primes
                               7.9.1.1.2. Propellants
                               7.9.1.1.3. Casing
                               7.9.1.1.4. Base
                               7.9.1.1.5. Projectiles and Warheads
                               7.9.1.1.6. Others
                   7.9.2. Germany
                           7.9.2.1. Market Analysis, Insights and Forecast – By Component
                               7.9.2.1.1. Fuses & Primes
                               7.9.2.1.2. Propellants
                               7.9.2.1.3. Casing
                               7.9.2.1.4. Base
                               7.9.2.1.5. Projectiles and Warheads
                               7.9.2.1.6. Others
                   7.9.3. France
                           7.9.3.1. Market Analysis, Insights and Forecast – By Component
                               7.9.3.1.1. Fuses & Primes
                               7.9.3.1.2. Propellants
                               7.9.3.1.3. Casing
                               7.9.3.1.4. Base
                               7.9.3.1.5. Projectiles and Warheads
                               7.9.3.1.6. Others
                   7.9.4. Russia
                           7.9.4.1. Market Analysis, Insights and Forecast – By Component
                               7.9.4.1.1. Fuses & Primes
                               7.9.4.1.2. Propellants
                               7.9.4.1.3. Casing
                               7.9.4.1.4. Base
                               7.9.4.1.5. Projectiles and Warheads
                               7.9.4.1.6. Others
                   7.9.5. Italy
                           7.9.5.1. Market Analysis, Insights and Forecast – By Component
                               7.9.5.1.1. Fuses & Primes
                               7.9.5.1.2. Propellants
                               7.9.5.1.3. Casing
                               7.9.5.1.4. Base
                               7.9.5.1.5. Projectiles and Warheads
                               7.9.5.1.6. Others
                   7.9.6. Spain
                           7.9.6.1. Market Analysis, Insights and Forecast – By Component
                               7.9.6.1.1. Fuses & Primes
                               7.9.6.1.2. Propellants
                               7.9.6.1.3. Casing
                               7.9.6.1.4. Base
                               7.9.6.1.5. Projectiles and Warheads
                               7.9.6.1.6. Others
                   7.9.7. Nordic Countries
                           7.9.7.1. Market Analysis, Insights and Forecast – By Component
                               7.9.7.1.1. Fuses & Primes
                               7.9.7.1.2. Propellants
                               7.9.7.1.3. Casing
                               7.9.7.1.4. Base
                               7.9.7.1.5. Projectiles and Warheads
                               7.9.7.1.6. Others
                   7.9.8. Rest of Europe
                           7.9.8.1. Market Analysis, Insights and Forecast – By Component
                               7.9.8.1.1. Fuses & Primes
                               7.9.8.1.2. Propellants
                               7.9.8.1.3. Casing
                               7.9.8.1.4. Base
                               7.9.8.1.5. Projectiles and Warheads
                               7.9.8.1.6. Others
    8. Asia Pacific Ammunition Market Analysis, Insights and Forecast, 2019-2032
           8.1. Market Analysis, Insights and Forecast – By Caliber
                   8.1.1. Small
                   8.1.2. Medium
                   8.1.3. Large
           8.2. Market Analysis, Insights and Forecast – By Small Caliber
                   8.2.1. 5.56mm
                   8.2.2. 7.62mm
                   8.2.3. 9mm
                   8.2.4. 12.7mm
                   8.2.5. .338 Lapua Magnum
                   8.2.6. .338 Norma Magnum
                   8.2.7. 14.5mm
                   8.2.8. Others
           8.3. Market Analysis, Insights and Forecast – By Medium Caliber
                   8.3.1. 20mm
                   8.3.2. 25mm
                   8.3.3. 30mm
                   8.3.4. 40mm
                   8.3.5. 60mm
           8.4. Market Analysis, Insights and Forecast – By Large Caliber
                   8.4.1. 81mm
                   8.4.2. 120mm
                   8.4.3. 155mm
                   8.4.4. Others
           8.5. Market Analysis, Insights and Forecast – By Product Type
                   8.5.1. Bullets
                   8.5.2. Aerial Bombs
                   8.5.3. Grenades
                   8.5.4. Artillery Shells
                   8.5.5. Mortars
           8.6. Market Analysis, Insights and Forecast – By Component
                   8.6.1. Fuses & Primes
                   8.6.2. Propellants
                   8.6.3. Casing
                   8.6.4. Base
                   8.6.5. Projectiles and Warheads
                   8.6.6. Others
           8.7. Market Analysis, Insights and Forecast – By Application
                   8.7.1. Military
                   8.7.2. Homeland Security
                   8.7.3. Civil & Commercial
           8.8. Market Analysis, Insights and Forecast – By Guidance
                   8.8.1. Non-guided
                   8.8.2. Guided
           8.9. Market Analysis, Insights and Forecast – By Country
                   8.9.1. China
                           8.9.1.1. Market Analysis, Insights and Forecast – By Component
                               8.9.1.1.1. Fuses & Primes
                               8.9.1.1.2. Propellants
                               8.9.1.1.3. Casing
                               8.9.1.1.4. Base
                               8.9.1.1.5. Projectiles and Warheads
                               8.9.1.1.6. Others
                   8.9.2. India
                           8.9.2.1. Market Analysis, Insights and Forecast – By Component
                               8.9.2.1.1. Fuses & Primes
                               8.9.2.1.2. Propellants
                               8.9.2.1.3. Casing
                               8.9.2.1.4. Base
                               8.9.2.1.5. Projectiles and Warheads
                               8.9.2.1.6. Others
                   8.9.3. Japan
                           8.9.3.1. Market Analysis, Insights and Forecast – By Component
                               8.9.3.1.1. Fuses & Primes
                               8.9.3.1.2. Propellants
                               8.9.3.1.3. Casing
                               8.9.3.1.4. Base
                               8.9.3.1.5. Projectiles and Warheads
                               8.9.3.1.6. Others
                   8.9.4. South Korea
                           8.9.4.1. Market Analysis, Insights and Forecast – By Component
                               8.9.4.1.1. Fuses & Primes
                               8.9.4.1.2. Propellants
                               8.9.4.1.3. Casing
                               8.9.4.1.4. Base
                               8.9.4.1.5. Projectiles and Warheads
                               8.9.4.1.6. Others
                   8.9.5. Australia
                           8.9.5.1. Market Analysis, Insights and Forecast – By Component
                               8.9.5.1.1. Fuses & Primes
                               8.9.5.1.2. Propellants
                               8.9.5.1.3. Casing
                               8.9.5.1.4. Base
                               8.9.5.1.5. Projectiles and Warheads
                               8.9.5.1.6. Others
                   8.9.6. Taiwan
                           8.9.6.1. Market Analysis, Insights and Forecast – By Component
                               8.9.6.1.1. Fuses & Primes
                               8.9.6.1.2. Propellants
                               8.9.6.1.3. Casing
                               8.9.6.1.4. Base
                               8.9.6.1.5. Projectiles and Warheads
                               8.9.6.1.6. Others
                   8.9.7. Rest of Asia Pacific
                           8.9.7.1. Market Analysis, Insights and Forecast – By Component
                               8.9.7.1.1. Fuses & Primes
                               8.9.7.1.2. Propellants
                               8.9.7.1.3. Casing
                               8.9.7.1.4. Base
                               8.9.7.1.5. Projectiles and Warheads
                               8.9.7.1.6. Others
    9. Middle East and Africa Ammunition Market Analysis, Insights and Forecast, 2019-2032
           9.1. Market Analysis, Insights and Forecast – By Caliber
                   9.1.1. Small
                   9.1.2. Medium
                   9.1.3. Large
           9.2. Market Analysis, Insights and Forecast – By Small Caliber
                   9.2.1. 5.56mm
                   9.2.2. 7.62mm
                   9.2.3. 9mm
                   9.2.4. 12.7mm
                   9.2.5. .338 Lapua Magnum
                   9.2.6. .338 Norma Magnum
                   9.2.7. 14.5mm
                   9.2.8. Others
           9.3. Market Analysis, Insights and Forecast – By Medium Caliber
                   9.3.1. 20mm
                   9.3.2. 25mm
                   9.3.3. 30mm
                   9.3.4. 40mm
                   9.3.5. 60mm
           9.4. Market Analysis, Insights and Forecast – By Large Caliber
                   9.4.1. 81mm
                   9.4.2. 120mm
                   9.4.3. 155mm
                   9.4.4. Others
           9.5. Market Analysis, Insights and Forecast – By Product Type
                   9.5.1. Bullets
                   9.5.2. Aerial Bombs
                   9.5.3. Grenades
                   9.5.4. Artillery Shells
                   9.5.5. Mortars
           9.6. Market Analysis, Insights and Forecast – By Component
                   9.6.1. Fuses & Primes
                   9.6.2. Propellants
                   9.6.3. Casing
                   9.6.4. Base
                   9.6.5. Projectiles and Warheads
                   9.6.6. Others
           9.7. Market Analysis, Insights and Forecast – By Application
                   9.7.1. Military
                   9.7.2. Homeland Security
                   9.7.3. Civil & Commercial
           9.8. Market Analysis, Insights and Forecast – By Guidance
                   9.8.1. Non-guided
                   9.8.2. Guided
           9.9. Market Analysis, Insights and Forecast – By Country
                   9.9.1. UAE
                           9.9.1.1. Market Analysis, Insights and Forecast – By Component
                               9.9.1.1.1. Fuses & Primes
                               9.9.1.1.2. Propellants
                               9.9.1.1.3. Casing
                               9.9.1.1.4. Base
                               9.9.1.1.5. Projectiles and Warheads
                               9.9.1.1.6. Others
                   9.9.2. Saudi Arabia
                           9.9.2.1. Market Analysis, Insights and Forecast – By Component
                               9.9.2.1.1. Fuses & Primes
                               9.9.2.1.2. Propellants
                               9.9.2.1.3. Casing
                               9.9.2.1.4. Base
                               9.9.2.1.5. Projectiles and Warheads
                               9.9.2.1.6. Others
                   9.9.3. Israel
                           9.9.3.1. Market Analysis, Insights and Forecast – By Component
                               9.9.3.1.1. Fuses & Primes
                               9.9.3.1.2. Propellants
                               9.9.3.1.3. Casing
                               9.9.3.1.4. Base
                               9.9.3.1.5. Projectiles and Warheads
                               9.9.3.1.6. Others
                   9.9.4. Algeria
                           9.9.4.1. Market Analysis, Insights and Forecast – By Component
                               9.9.4.1.1. Fuses & Primes
                               9.9.4.1.2. Propellants
                               9.9.4.1.3. Casing
                               9.9.4.1.4. Base
                               9.9.4.1.5. Projectiles and Warheads
                               9.9.4.1.6. Others
                   9.9.5. Turkey
                           9.9.5.1. Market Analysis, Insights and Forecast – By Component
                               9.9.5.1.1. Fuses & Primes
                               9.9.5.1.2. Propellants
                               9.9.5.1.3. Casing
                               9.9.5.1.4. Base
                               9.9.5.1.5. Projectiles and Warheads
                               9.9.5.1.6. Others
                   9.9.6. Rest of Middle East and Africa
                           9.9.6.1. Market Analysis, Insights and Forecast – By Component
                               9.9.6.1.1. Fuses & Primes
                               9.9.6.1.2. Propellants
                               9.9.6.1.3. Casing
                               9.9.6.1.4. Base
                               9.9.6.1.5. Projectiles and Warheads
                               9.9.6.1.6. Others
    10. Latin America Ammunition Market Analysis, Insights and Forecast, 2019-2032
           10.1. Market Analysis, Insights and Forecast – By Caliber
                   10.1.1. Small
                   10.1.2. Medium
                   10.1.3. Large
           10.2. Market Analysis, Insights and Forecast – By Small Caliber
                   10.2.1. 5.56mm
                   10.2.2. 7.62mm
                   10.2.3. 9mm
                   10.2.4. 12.7mm
                   10.2.5. .338 Lapua Magnum
                   10.2.6. .338 Norma Magnum
                   10.2.7. 14.5mm
                   10.2.8. Others
           10.3. Market Analysis, Insights and Forecast – By Medium Caliber
                   10.3.1. 20mm
                   10.3.2. 25mm
                   10.3.3. 30mm
                   10.3.4. 40mm
                   10.3.5. 60mm
           10.4. Market Analysis, Insights and Forecast – By Large Caliber
                   10.4.1. 81mm
                   10.4.2. 120mm
                   10.4.3. 155mm
                   10.4.4. Others
           10.5. Market Analysis, Insights and Forecast – By Product Type
                   10.5.1. Bullets
                   10.5.2. Aerial Bombs
                   10.5.3. Grenades
                   10.5.4. Artillery Shells
                   10.5.5. Mortars
           10.6. Market Analysis, Insights and Forecast – By Component
                   10.6.1. Fuses & Primes
                   10.6.2. Propellants
                   10.6.3. Casing
                   10.6.4. Base
                   10.6.5. Projectiles and Warheads
                   10.6.6. Others
           10.7. Market Analysis, Insights and Forecast – By Application
                   10.7.1. Military
                   10.7.2. Homeland Security
                   10.7.3. Civil & Commercial
           10.8. Market Analysis, Insights and Forecast – By Guidance
                   10.8.1. Non-guided
                   10.8.2. Guided
           10.9. Market Analysis, Insights and Forecast – By Country
                   10.9.1. Brazil
                           10.9.1.1. Market Analysis, Insights and Forecast – By Component
                               10.9.1.1.1. Fuses & Primes
                               10.9.1.1.2. Propellants
                               10.9.1.1.3. Casing
                               10.9.1.1.4. Base
                               10.9.1.1.5. Projectiles and Warheads
                               10.9.1.1.6. Others
                   10.9.2. Colombia
                           10.9.2.1. Market Analysis, Insights and Forecast – By Component
                               10.9.2.1.1. Fuses & Primes
                               10.9.2.1.2. Propellants
                               10.9.2.1.3. Casing
                               10.9.2.1.4. Base
                               10.9.2.1.5. Projectiles and Warheads
                               10.9.2.1.6. Others
                   10.9.3. Rest of Latin America
                           10.9.3.1. Market Analysis, Insights and Forecast – By Component
                               10.9.3.1.1. Fuses & Primes
                               10.9.3.1.2. Propellants
                               10.9.3.1.3. Casing
                               10.9.3.1.4. Base
                               10.9.3.1.5. Projectiles and Warheads
                               10.9.3.1.6. Others
    11. Competitive Analysis
           11.1. Global Market Rank Analysis (2023)
           11.2. Competitive Dashboard
     12. Company Profiles (Overview, Products & Services, Financials (Based on Availability), Recent Developments, Strategies, SWOT Analysis)
           12.1. AMMO INCORPORATED (U.S.)
           12.2. ARSENAL JSCO (Bulgaria)
           12.3. BAE Systems (U.K.)
           12.4. ELBIT SYSTEMS LTD. (Israel)
           12.5. General Dynamics Corporation (U.S.)
           12.6. Hanwha Corporation (South Korea)
           12.7. Lockheed Martin (U.S.)
           12.8. NAMMO AS (Norway)
           12.9. Nexter Group (France)
           12.10. Northrop Grumman Corporation (U.S.)
           12.11. Rheinmetall AG (Germany)
           12.12. Thales (France)

    Table 1: Global Ammunition Market, (USD Billion) Forecast, By Caliber, 2019-2032
    Table 2: Global Ammunition Market, (USD Billion) Forecast, By Small Caliber, 2019-2032
    Table 3: Global Ammunition Market, (USD Billion) Forecast, By Medium Caliber, 2019-2032
    Table 4: Global Ammunition Market, (USD Billion) Forecast, By Large Caliber, 2019-2032
    Table 5: Global Ammunition Market, (USD Billion) Forecast, By Product Type, 2019-2032
    Table 6: Global Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 7: Global Ammunition Market, (USD Billion) Forecast, By Application, 2019-2032
    Table 8: Global Ammunition Market, (USD Billion) Forecast, By Guidance, 2019-2032
    Table 9: Global Ammunition Market (USD Billion) Forecast, By Region, 2019-2032
    Table 10: North America Ammunition Market, (USD Billion) Forecast, By Caliber, 2019-2032
    Table 11: North America Ammunition Market, (USD Billion) Forecast, By Small Caliber, 2019-2032
    Table 12: North America Ammunition Market, (USD Billion) Forecast, By Medium Caliber, 2019-2032
    Table 13: North America Ammunition Market, (USD Billion) Forecast, By Large Caliber, 2019-2032
    Table 14: North America Ammunition Market, (USD Billion) Forecast, By Product Type, 2019-2032
    Table 15: North America Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 16: North America Ammunition Market, (USD Billion) Forecast, By Application, 2019-2032
    Table 17: North America Ammunition Market, (USD Billion) Forecast, By Guidance, 2019-2032
    Table 18: North America Ammunition Market (USD Billion) Forecast, By Country, 2019-2032
    Table 19: U.S. Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 20: Canada Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 21: Europe Ammunition Market, (USD Billion) Forecast, By Caliber, 2019-2032
    Table 22: Europe Ammunition Market, (USD Billion) Forecast, By Small Caliber, 2019-2032
    Table 23: Europe Ammunition Market, (USD Billion) Forecast, By Medium Caliber, 2019-2032
    Table 24: Europe Ammunition Market, (USD Billion) Forecast, By Large Caliber, 2019-2032
    Table 25: Europe Ammunition Market, (USD Billion) Forecast, By Product Type, 2019-2032
    Table 26: Europe Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 27: Europe Ammunition Market, (USD Billion) Forecast, By Application, 2019-2032
    Table 28: Europe Ammunition Market, (USD Billion) Forecast, By Guidance, 2019-2032
    Table 29: Europe Ammunition Market (USD Billion) Forecast, By Country, 2019-2032
    Table 30: U.K. Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 31: Germany Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 32: France Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 33: Russia Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 34: Italy Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 35: Spain Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 36: Nordic Countries Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 37: Rest of Europe Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 38: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Caliber, 2019-2032
    Table 39: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Small Caliber, 2019-2032
    Table 40: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Medium Caliber, 2019-2032
    Table 41: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Large Caliber, 2019-2032
    Table 42: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Product Type, 2019-2032
    Table 43: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 44: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Application, 2019-2032
    Table 45: Asia Pacific Ammunition Market, (USD Billion) Forecast, By Guidance, 2019-2032
    Table 46: Asia Pacific Ammunition Market (USD Billion) Forecast, By Country, 2019-2032
    Table 47: China Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 48: India Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 49: Japan Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 50: South Korea Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 51: Australia Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 52: Taiwan Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 53: Rest of Asia Pacific Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 54: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Caliber, 2019-2032
    Table 55: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Small Caliber, 2019-2032
    Table 56: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Medium Caliber, 2019-2032
    Table 57: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Large Caliber, 2019-2032
    Table 58: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Product Type, 2019-2032
    Table 59: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 60: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Application, 2019-2032
    Table 61: Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Guidance, 2019-2032
    Table 62: Middle East and Africa Ammunition Market (USD Billion) Forecast, By Country, 2019-2032
    Table 63: UAE Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 64: Saudi Arabia Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 65: Israel Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 66: Algeria Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 67: Turkey Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 68: Rest of Middle East and Africa Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 69: Latin America Ammunition Market, (USD Billion) Forecast, By Caliber, 2019-2032
    Table 70: Latin America Ammunition Market, (USD Billion) Forecast, By Small Caliber, 2019-2032
    Table 71: Latin America Ammunition Market, (USD Billion) Forecast, By Medium Caliber, 2019-2032
    Table 72: Latin America Ammunition Market, (USD Billion) Forecast, By Large Caliber, 2019-2032
    Table 73: Latin America Ammunition Market, (USD Billion) Forecast, By Product Type, 2019-2032
    Table 74: Latin America Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 75: Latin America Ammunition Market, (USD Billion) Forecast, By Application, 2019-2032
    Table 76: Latin America Ammunition Market, (USD Billion) Forecast, By Guidance, 2019-2032
    Table 77: Latin America Ammunition Market (USD Billion) Forecast, By Country, 2019-2032
    Table 78: Brazil Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 79: Colombia Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032
    Table 80: Rest of Latin America Ammunition Market, (USD Billion) Forecast, By Component, 2019-2032

    Figure 1: Global Ammunition Market Revenue Breakdown (USD Billion, %) By Region, 2024 & 2032
    Figure 2: Global Ammunition Market (%) Breakdown By Caliber, 2023 & 2032
    Figure 3: Global Ammunition Market (USD Billion) Breakdown By Small, 2019-2032
    Figure 4: Global Ammunition Market (USD Billion) Breakdown By Medium, 2019-2032
    Figure 5: Global Ammunition Market (USD Billion) Breakdown By Large, 2019-2032
    Figure 6: Global Ammunition Market (%) Breakdown By Small Caliber, 2023 & 2032
    Figure 7: Global Ammunition Market (USD Billion) Breakdown By 5.56mm, 2019-2032
    Figure 8: Global Ammunition Market (USD Billion) Breakdown By 7.62mm, 2019-2032
    Figure 9: Global Ammunition Market (USD Billion) Breakdown By 9mm, 2019-2032
    Figure 10: Global Ammunition Market (USD Billion) Breakdown By 12.7mm, 2019-2032
    Figure 11: Global Ammunition Market (USD Billion) Breakdown By .338 Lapua Magnum, 2019-2032
    Figure 12: Global Ammunition Market (USD Billion) Breakdown By .338 Norma Magnum, 2019-2032
    Figure 13: Global Ammunition Market (USD Billion) Breakdown By 14.5mm, 2019-2032
    Figure 14: Global Ammunition Market (USD Billion) Breakdown By Others, 2019-2032
    Figure 15: Global Ammunition Market (%) Breakdown By Medium Caliber, 2023 & 2032
    Figure 16: Global Ammunition Market (USD Billion) Breakdown By 20mm, 2019-2032
    Figure 17: Global Ammunition Market (USD Billion) Breakdown By 25mm, 2019-2032
    Figure 18: Global Ammunition Market (USD Billion) Breakdown By 30mm, 2019-2032
    Figure 19: Global Ammunition Market (USD Billion) Breakdown By 40mm, 2019-2032
    Figure 20: Global Ammunition Market (USD Billion) Breakdown By 60mm, 2019-2032
    Figure 21: Global Ammunition Market (%) Breakdown By Large Caliber, 2023 & 2032
    Figure 22: Global Ammunition Market (USD Billion) Breakdown By 81mm, 2019-2032
    Figure 23: Global Ammunition Market (USD Billion) Breakdown By 120mm, 2019-2032
    Figure 24: Global Ammunition Market (USD Billion) Breakdown By 155mm, 2019-2032
    Figure 25: Global Ammunition Market (USD Billion) Breakdown By Others, 2019-2032
    Figure 26: Global Ammunition Market (%) Breakdown By Product Type, 2023 & 2032
    Figure 27: Global Ammunition Market (USD Billion) Breakdown By Bullets, 2019-2032
    Figure 28: Global Ammunition Market (USD Billion) Breakdown By Aerial Bombs, 2019-2032
    Figure 29: Global Ammunition Market (USD Billion) Breakdown By Grenades, 2019-2032
    Figure 30: Global Ammunition Market (USD Billion) Breakdown By Artillery Shells, 2019-2032
    Figure 31: Global Ammunition Market (USD Billion) Breakdown By Mortars, 2019-2032
    Figure 32: Global Ammunition Market (%) Breakdown By Component, 2023 & 2032
    Figure 33: Global Ammunition Market (USD Billion) Breakdown By Fuses & Primes, 2019-2032
    Figure 34: Global Ammunition Market (USD Billion) Breakdown By Propellants, 2019-2032
    Figure 35: Global Ammunition Market (USD Billion) Breakdown By Casing, 2019-2032
    Figure 36: Global Ammunition Market (USD Billion) Breakdown By Base, 2019-2032
    Figure 37: Global Ammunition Market (USD Billion) Breakdown By Projectiles and Warheads, 2019-2032
    Figure 38: Global Ammunition Market (USD Billion) Breakdown By Others, 2019-2032
    Figure 39: Global Ammunition Market (%) Breakdown By Application, 2023 & 2032
    Figure 40: Global Ammunition Market (USD Billion) Breakdown By Military, 2019-2032
    Figure 41: Global Ammunition Market (USD Billion) Breakdown By Homeland Security, 2019-2032
    Figure 42: Global Ammunition Market (USD Billion) Breakdown By Civil & Commercial, 2019-2032
    Figure 43: Global Ammunition Market (%) Breakdown By Guidance, 2023 & 2032
    Figure 44: Global Ammunition Market (USD Billion) Breakdown By Non-guided, 2019-2032
    Figure 45: Global Ammunition Market (USD Billion) Breakdown By Guided, 2019-2032
    Figure 46: Global Ammunition Market Share (%) By Region, 2023 & 2032
    Figure 47: North America Ammunition Market Value (USD Billion) By Caliber, 2023 & 2032
    Figure 48: North America Ammunition Market Value Share (%) By Caliber, 2023
    Figure 49: North America Ammunition Market Value (USD Billion) By Small Caliber, 2023 & 2032
    Figure 50: North America Ammunition Market Value Share (%) By Small Caliber, 2023
    Figure 51: North America Ammunition Market Value (USD Billion) By Medium Caliber, 2023 & 2032
    Figure 52: North America Ammunition Market Value Share (%) By Medium Caliber, 2023
    Figure 53: North America Ammunition Market Value (USD Billion) By Large Caliber, 2023 & 2032
    Figure 54: North America Ammunition Market Value Share (%) By Large Caliber, 2023
    Figure 55: North America Ammunition Market Value (USD Billion) By Product Type, 2023 & 2032
    Figure 56: North America Ammunition Market Value Share (%) By Product Type, 2023
    Figure 57: North America Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 58: North America Ammunition Market Value Share (%) By Component, 2023
    Figure 59: North America Ammunition Market Value (USD Billion) By Application, 2023 & 2032
    Figure 60: North America Ammunition Market Value Share (%) By Application, 2023
    Figure 61: North America Ammunition Market Value (USD Billion) By Guidance, 2023 & 2032
    Figure 62: North America Ammunition Market Value Share (%) By Guidance, 2023
    Figure 63: North America Ammunition Market Value (USD Billion) By Country, 2023 & 2032
    Figure 64: North America Ammunition Value Share (%) By Country, 2023
    Figure 65: U.S. Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 66: U.S. Ammunition Market Value Share (%) By Component, 2023
    Figure 67: Canada Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 68: Canada Ammunition Market Value Share (%) By Component, 2023
    Figure 69: Europe Ammunition Market Value (USD Billion) By Caliber, 2023 & 2032
    Figure 70: Europe Ammunition Market Value Share (%) By Caliber, 2023
    Figure 71: Europe Ammunition Market Value (USD Billion) By Small Caliber, 2023 & 2032
    Figure 72: Europe Ammunition Market Value Share (%) By Small Caliber, 2023
    Figure 73: Europe Ammunition Market Value (USD Billion) By Medium Caliber, 2023 & 2032
    Figure 74: Europe Ammunition Market Value Share (%) By Medium Caliber, 2023
    Figure 75: Europe Ammunition Market Value (USD Billion) By Large Caliber, 2023 & 2032
    Figure 76: Europe Ammunition Market Value Share (%) By Large Caliber, 2023
    Figure 77: Europe Ammunition Market Value (USD Billion) By Product Type, 2023 & 2032
    Figure 78: Europe Ammunition Market Value Share (%) By Product Type, 2023
    Figure 79: Europe Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 80: Europe Ammunition Market Value Share (%) By Component, 2023
    Figure 81: Europe Ammunition Market Value (USD Billion) By Application, 2023 & 2032
    Figure 82: Europe Ammunition Market Value Share (%) By Application, 2023
    Figure 83: Europe Ammunition Market Value (USD Billion) By Guidance, 2023 & 2032
    Figure 84: Europe Ammunition Market Value Share (%) By Guidance, 2023
    Figure 85: Europe Ammunition Market Value (USD Billion) By Country, 2023 & 2032
    Figure 86: Europe Ammunition Value Share (%) By Country, 2023
    Figure 87: U.K. Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 88: U.K. Ammunition Market Value Share (%) By Component, 2023
    Figure 89: Germany Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 90: Germany Ammunition Market Value Share (%) By Component, 2023
    Figure 91: France Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 92: France Ammunition Market Value Share (%) By Component, 2023
    Figure 93: Russia Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 94: Russia Ammunition Market Value Share (%) By Component, 2023
    Figure 95: Italy Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 96: Italy Ammunition Market Value Share (%) By Component, 2023
    Figure 97: Spain Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 98: Spain Ammunition Market Value Share (%) By Component, 2023
    Figure 99: Nordic Countries Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 100: Nordic Countries Ammunition Market Value Share (%) By Component, 2023
    Figure 101: Rest of Europe Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 102: Rest of Europe Ammunition Market Value Share (%) By Component, 2023
    Figure 103: Asia Pacific Ammunition Market Value (USD Billion) By Caliber, 2023 & 2032
    Figure 104: Asia Pacific Ammunition Market Value Share (%) By Caliber, 2023
    Figure 105: Asia Pacific Ammunition Market Value (USD Billion) By Small Caliber, 2023 & 2032
    Figure 106: Asia Pacific Ammunition Market Value Share (%) By Small Caliber, 2023
    Figure 107: Asia Pacific Ammunition Market Value (USD Billion) By Medium Caliber, 2023 & 2032
    Figure 108: Asia Pacific Ammunition Market Value Share (%) By Medium Caliber, 2023
    Figure 109: Asia Pacific Ammunition Market Value (USD Billion) By Large Caliber, 2023 & 2032
    Figure 110: Asia Pacific Ammunition Market Value Share (%) By Large Caliber, 2023
    Figure 111: Asia Pacific Ammunition Market Value (USD Billion) By Product Type, 2023 & 2032
    Figure 112: Asia Pacific Ammunition Market Value Share (%) By Product Type, 2023
    Figure 113: Asia Pacific Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 114: Asia Pacific Ammunition Market Value Share (%) By Component, 2023
    Figure 115: Asia Pacific Ammunition Market Value (USD Billion) By Application, 2023 & 2032
    Figure 116: Asia Pacific Ammunition Market Value Share (%) By Application, 2023
    Figure 117: Asia Pacific Ammunition Market Value (USD Billion) By Guidance, 2023 & 2032
    Figure 118: Asia Pacific Ammunition Market Value Share (%) By Guidance, 2023
    Figure 119: Asia Pacific Ammunition Market Value (USD Billion) By Country, 2023 & 2032
    Figure 120: Asia Pacific Ammunition Value Share (%) By Country, 2023
    Figure 121: China Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 122: China Ammunition Market Value Share (%) By Component, 2023
    Figure 123: India Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 124: India Ammunition Market Value Share (%) By Component, 2023
    Figure 125: Japan Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 126: Japan Ammunition Market Value Share (%) By Component, 2023
    Figure 127: South Korea Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 128: South Korea Ammunition Market Value Share (%) By Component, 2023
    Figure 129: Australia Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 130: Australia Ammunition Market Value Share (%) By Component, 2023
    Figure 131: Taiwan Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 132: Taiwan Ammunition Market Value Share (%) By Component, 2023
    Figure 133: Rest of Asia Pacific Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 134: Rest of Asia Pacific Ammunition Market Value Share (%) By Component, 2023
    Figure 135: Middle East and Africa Ammunition Market Value (USD Billion) By Caliber, 2023 & 2032
    Figure 136: Middle East and Africa Ammunition Market Value Share (%) By Caliber, 2023
    Figure 137: Middle East and Africa Ammunition Market Value (USD Billion) By Small Caliber, 2023 & 2032
    Figure 138: Middle East and Africa Ammunition Market Value Share (%) By Small Caliber, 2023
    Figure 139: Middle East and Africa Ammunition Market Value (USD Billion) By Medium Caliber, 2023 & 2032
    Figure 140: Middle East and Africa Ammunition Market Value Share (%) By Medium Caliber, 2023
    Figure 141: Middle East and Africa Ammunition Market Value (USD Billion) By Large Caliber, 2023 & 2032
    Figure 142: Middle East and Africa Ammunition Market Value Share (%) By Large Caliber, 2023
    Figure 143: Middle East and Africa Ammunition Market Value (USD Billion) By Product Type, 2023 & 2032
    Figure 144: Middle East and Africa Ammunition Market Value Share (%) By Product Type, 2023
    Figure 145: Middle East and Africa Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 146: Middle East and Africa Ammunition Market Value Share (%) By Component, 2023
    Figure 147: Middle East and Africa Ammunition Market Value (USD Billion) By Application, 2023 & 2032
    Figure 148: Middle East and Africa Ammunition Market Value Share (%) By Application, 2023
    Figure 149: Middle East and Africa Ammunition Market Value (USD Billion) By Guidance, 2023 & 2032
    Figure 150: Middle East and Africa Ammunition Market Value Share (%) By Guidance, 2023
    Figure 151: Middle East and Africa Ammunition Market Value (USD Billion) By Country, 2023 & 2032
    Figure 152: Middle East and Africa Ammunition Value Share (%) By Country, 2023
    Figure 153: UAE Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 154: UAE Ammunition Market Value Share (%) By Component, 2023
    Figure 155: Saudi Arabia Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 156: Saudi Arabia Ammunition Market Value Share (%) By Component, 2023
    Figure 157: Israel Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 158: Israel Ammunition Market Value Share (%) By Component, 2023
    Figure 159: Algeria Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 160: Algeria Ammunition Market Value Share (%) By Component, 2023
    Figure 161: Turkey Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 162: Turkey Ammunition Market Value Share (%) By Component, 2023
    Figure 163: Rest of Middle East and Africa Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 164: Rest of Middle East and Africa Ammunition Market Value Share (%) By Component, 2023
    Figure 165: Latin America Ammunition Market Value (USD Billion) By Caliber, 2023 & 2032
    Figure 166: Latin America Ammunition Market Value Share (%) By Caliber, 2023
    Figure 167: Latin America Ammunition Market Value (USD Billion) By Small Caliber, 2023 & 2032
    Figure 168: Latin America Ammunition Market Value Share (%) By Small Caliber, 2023
    Figure 169: Latin America Ammunition Market Value (USD Billion) By Medium Caliber, 2023 & 2032
    Figure 170: Latin America Ammunition Market Value Share (%) By Medium Caliber, 2023
    Figure 171: Latin America Ammunition Market Value (USD Billion) By Large Caliber, 2023 & 2032
    Figure 172: Latin America Ammunition Market Value Share (%) By Large Caliber, 2023
    Figure 173: Latin America Ammunition Market Value (USD Billion) By Product Type, 2023 & 2032
    Figure 174: Latin America Ammunition Market Value Share (%) By Product Type, 2023
    Figure 175: Latin America Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 176: Latin America Ammunition Market Value Share (%) By Component, 2023
    Figure 177: Latin America Ammunition Market Value (USD Billion) By Application, 2023 & 2032
    Figure 178: Latin America Ammunition Market Value Share (%) By Application, 2023
    Figure 179: Latin America Ammunition Market Value (USD Billion) By Guidance, 2023 & 2032
    Figure 180: Latin America Ammunition Market Value Share (%) By Guidance, 2023
    Figure 181: Latin America Ammunition Market Value (USD Billion) By Country, 2023 & 2032
    Figure 182: Latin America Ammunition Value Share (%) By Country, 2023
    Figure 183: Brazil Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 184: Brazil Ammunition Market Value Share (%) By Component, 2023
    Figure 185: Colombia Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 186: Colombia Ammunition Market Value Share (%) By Component, 2023
    Figure 187: Rest of Latin America Ammunition Market Value (USD Billion) By Component, 2023 & 2032
    Figure 188: Rest of Latin America Ammunition Market Value Share (%) By Component, 2023
    Figure 189: Global Ammunition Market Rank Analysis, By Key Players, 2023

    AMMUNITION MARKET REPORT SCOPE & SEGMENTATION

    Study Period 2019-2032
    Base Year 2023
    Forecast Period 2024-2032
    Historical Period 2019-2022
    Growth Rate CAGR of XX% from 2024 to 2032
    Unit Value (USD Billion)
    Market Segmentation By Caliber
    • Small
      • 56mm
      • 62mm
      • 9mm
      • 7mm
      • .338 Lapua Magnum
      • .338 Norma Magnum
      • 5mm
      • Others
    • Medium
      • 20mm
      • 25mm
      • 30mm
      • 40mm
      • 60mm
    • Large
      • 81mm
      • 120mm
      • 155mm
      • Others
    By Component
    • Fuses & Primes
    • Propellants
    • Casing
    • Base
    • Projectiles and Warheads
    • Others
    By Product Type
    • Bullets
    • Aerial Bombs
    • Grenades
    • Artillery Shells
    • Mortars
    By End User
    • Military
    • Homeland Security
    • Civil & Commercial
    By Guidance
    • Non-guided
    • Guided
    By Geography
    • North America Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • U.S. (By Component)
      • Canada (By Component)
    • Europe Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • U.K. (By Component)
      • Germany (By Component)
      • France (By Component)
      • Russia (By Component)
      • Italy (By Component)
      • Spain (By Component)
      • Nordic Countries (By Component)
      • Rest of Europe (By Component)
    • Asia Pacific Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • China (By Component)
      • India (By Component)
      • Japan (By Component)
      • South Korea (By Component)
      • Australia (By Component)
      • Taiwan (By Component)
      • Rest of Asia Pacific (By Component)
    • Middle East & Africa Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • UAE (By Component)
      • Saudi Arabia (By Component)
      • Israel (By Component)
      • Algeria (By Component)
      • Turkey (By Component)
      • Rest of the Middle East & Africa (By Component)
    • Latin America Ammunition Market (By Caliber, Product Type, Guidance, Component, End User and Country)
      • Brazil (By Component)
      • Colombia (By Component)
      • Rest of Latin America (By Component)

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