Europe Ammunition Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars, and Others), Application (Defense and Commercial), Guidance (Guided and Non-Guided), Lethality (Non-Lethal and Lethal), and Caliber [Small Caliber Ammunition (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, .45ACP, 338LM, 22LR, .223 Rem, and .308 Winchester), Medium Caliber Ammunition (20mm, 30mm, 40mm, and Others), and Large Caliber Ammunition (60mm, 105mm, 120mm, 150mm, and Others)]

BMIRE00027469 | Pages: 200 | Aerospace and Defense | Nov 2022 | Type: Regional | Status: Published

The ammunition market in Europe is expected to grow from US$ 10,872.26 million in 2022 to US$ 16,333.02 million by 2028. It is estimated to grow at a CAGR of 7.0% from 2022 to 2028. 

Introduction of Lightweight Ammunitions 

The manufacturers across the ammunition industry have been witnessing a significant rise in the demand for ammunition due to the introduction and high procurement of next-generation firearms being adopted by several customers worldwide. The ammunition market players are majorly focusing on the development of new and innovative ammunitions to replace different traditional brass cartridges. For instance, Nammo, an international aerospace and defense company, is looking for new lightweight materials that could replace brass cartridges that are beneficial for individual soldiers in terms of weight handling and transportation of ammunition boxes. As a result, the company has invested in MAC LLC, which manufactures ammunition for small arms, to continue the research & development of such products. Further, the use of composite materials by missile manufacturers has been witnessed in the past few years, making the missile a lightweight option that can travel up to more range than conventional materials due to its lightweight capabilities. 

The ammunition industry is continuously exploring ways to evolve the most common small caliber ammunitions, such as 5.56mm and 7.62mm bullets. As a result, several vendors are focusing on finding ways to use new and advanced materials that provide more strength to the product with lighter weight capabilities. This has a strong impact on reducing the overall operational costs, improving product performance, and gradually addressing environmental concerns. This is expected to cater to rising environmental regulations associated with lead contamination, as every bullet that is fired from a gun also releases some amount of lead into its surroundings. The use of such new materials will provide a potential pathway toward lead-free technology. Such developments are catalyzing the demand for new and innovative ammunition solutions for the end users. 

Market Overview 

Based on country, the Europe ammunition market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. Several European countries have been experiencing a significant rise in military expenses, which is propelling the adoption of modernized equipment vessels and ammunition. However, the increased military spending in Central and Western Europe in 2021 reflects a need to combat terrorism. Therefore, participation in peacekeeping operations, prevention of terrorism, efforts to secure trade routes, and soldier modernization programs, which include small arms, medium arms, large arms, and ammunition procurement, are expected to boost the market growth over the forecast period. 

European countries are procuring artillery and mortar systems to safeguard their borders against illegal trespassing and several forms of trafficking, thereby creating a significant demand for ammunition. According to the 2016 Global Strategy, Europe aims to achieve strategic autonomy by 2025. Therefore, European Union (EU) countries are implementing diverse soldier modernization programs to achieve higher levels of military capability. This has initiated several procurement programs for advanced weapons and compatible ammunition. For instance, in January 2020, the French Ministry of Defense invested US$ 48.4964 in Glock, a weapons manufacturer, for procuring 74,596 units of the fifth generation Glock 17 semi-automatic pistol. The contract also includes provisions for the supply of 51 million 0f ammunition 9x19mm, including 4 million marker training rounds and 2 million subsonic rounds. Further, in June 2019, Defense Materials Organization (DMO), the Dutch procurement agency, extended its partnership agreement with Rheinmetall AG for supplying of ammunition until 2030 for the weapon system. The emergence of smart munitions has fundamentally disrupted the demand for traditional munitions as many countries are focused on adopting smart dual-use weapons. Such a rise in demand to adopt of ammunition and weapon system contributes to the growth of the Europe ammunition market. 

Europe Ammunition Market Revenue and Forecast to 2028 (US$ Million) 

Europe Ammunition Market Revenue and Forecast to 2028 (US$ Million) 

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Europe Ammunition Market Segmentation 

The Europe ammunition market is segmented into product, application, guidance, lethality, caliber, and country. 

The Europe ammunition market, by product type, is segmented into bullets, aerial bombs, grenades, artillery shells, mortars, and others. In 2021, the aerial bombs segment dominated market. 

The ammunition market by application is segmented into defense and commercial. In 2021, the defense segment dominated the Europe ammunition market. 

The Europe ammunition market, by guidance, is segmented into guided and non-guided. In 2021, the guided segment held a larger market share in 2021. 

The Europe ammunition market by lethality is segmented into non-lethal and lethal. In 2021, the lethal segment held a larger market share in 2021. 

The Europe ammunition market, by caliber, is segmented into small caliber ammunitions, medium caliber ammunitions, and large caliber ammunitions. In 2021, the large caliber ammunitions segment held the largest market share in 2021. 

Based on country, the market is segmented into France, Germany, Italy, UK, Russia, and the Rest of Europe. Russia dominated the market in 2021. 

BAE Systems, Elbit Systems Ltd, NAMMO AS, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rheinmetall AG, RUAG Group, Thales Group, and Vista Outdoor Operations LLC are the leading companies operating in the ammunition market in the region.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Ammunition Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Bargaining Power of Buyers

4.2.2        Bargaining Power of Suppliers

4.2.3        Threat to New Entrants

4.2.4        Threat to Substitutes

4.2.5        Competitive Rivalry

4.3         Ecosystem Analysis

4.4         Expert Opinion

4.5         Impact of Russia Ukraine War in the Ammunitions Market

5.           Europe Ammunition Market - Key Market Dynamics

5.1         Market Drivers

5.1.1        Rise in Europe Military Spending Promotes Procurement of Ammunitions

5.1.2        Introduction of Lightweight Ammunitions

5.2         Key Market Restraints

5.2.1        Shortage of Ammunition After FY 2020

5.3         Key Market Opportunities

5.3.1        Rising Demand for Guided Ammunitions from Emerging Countries

5.4         Future Trends

5.4.1        Technological Advancements Across Firearms Industry

5.5         Impact Analysis of Drivers and Restraints

6.           Ammunition Market – Europe Analysis

6.1         Europe Ammunition Market Europe Overview

6.2         Europe Ammunition Market Forecast and Analysis

7.           Europe Ammunition Market Analysis – by Product

7.1         Overview

7.2         Europe Ammunition Market Breakdown, by Product, 2021 and 2028

7.3         Bullets

7.3.1        Overview

7.3.2        Bullets: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

7.4         Aerial Bomb

7.4.1        Overview

7.4.2        Aerial Bomb: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

7.5         Grenades

7.5.1        Overview

7.5.2        Grenades: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

7.6         Artillery Shells

7.6.1        Overview

7.6.2        Artillery Shells: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

7.7         Mortars

7.7.1        Overview

7.7.2        Mortars: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

7.8         Others

7.8.1        Overview

7.8.2        Others: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

8.           Europe Ammunition Market Analysis – by Application

8.1         Overview

8.2         Europe Ammunition Market Breakdown, by Application, 2021 and 2028

8.3         Defense

8.3.1        Overview

8.3.2        Defense: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Commercial

8.4.1        Overview

8.4.2        Commercial: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

9.           Europe Ammunition Market Analysis – by Guidance

9.1         Overview

9.2         Europe Ammunition Market Breakdown, by Guidance, 2021 and 2028

9.3         Guided

9.3.1        Overview

9.3.2        Guided: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

9.4         Non-Guided

9.4.1        Overview

9.4.2        Non-Guided: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

10.        Europe Ammunition Market Analysis – by Lethality

10.1      Overview

10.2      Europe Ammunition Market Breakdown, by Lethality, 2021 and 2028

10.3      Non-Lethal

10.3.1     Overview

10.3.2     Non-Lethal: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Lethal

10.4.1     Overview

10.4.2     Lethal: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

11.        Europe Ammunition Market Analysis – by Caliber

11.1      Overview

11.2      Europe Ammunition Market Breakdown, by Caliber, 2021 and 2028

11.3      Small Caliber Ammunition

11.3.1     Overview

11.3.2     Small Caliber Ammunition: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

11.4      Medium Caliber Ammunition

11.4.1     Overview

11.4.2     Medium Caliber Ammunition: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

11.5      Large Caliber Ammunition

11.5.1     Overview

11.5.2     Large Caliber Ammunition: Ammunition Market– Revenue and Forecast to 2028 (US$ Million)

12.        Europe Ammunition Market – Country Analysis

12.1      Overview

12.1.1     Europe: Ammunition Market, by Key Country

12.1.1.1       Germany: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.1.1       Germany: Ammunition Market, by Product

12.1.1.1.2       Germany: Ammunition Market, by Application

12.1.1.1.3       Germany: Ammunition Market, by Guidance

12.1.1.1.4       Germany: Ammunition Market, by Lethality

12.1.1.1.5       Germany: Ammunition Market, by Caliber

12.1.1.1.5.1    Germany: Ammunition Market, by Small Caliber Ammunition

12.1.1.1.5.2    Germany: Ammunition Market, by Medium Caliber Ammunition

12.1.1.1.5.3    Germany: Ammunition Market, by Large Caliber Ammunition

12.1.1.2       France: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.2.1       France: Ammunition Market, by Product

12.1.1.2.2       France: Ammunition Market, by Application

12.1.1.2.3       France: Ammunition Market, by Guidance

12.1.1.2.4       France: Ammunition Market, by Lethality

12.1.1.2.5       France: Ammunition Market, by Caliber

12.1.1.2.5.1    France: Ammunition Market, by Small Caliber Ammunition

12.1.1.2.5.2    France: Ammunition Market, by Medium Caliber Ammunition

12.1.1.2.5.3    France: Ammunition Market, by Large Caliber Ammunition

12.1.1.3       Italy: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.3.1       Italy: Ammunition Market, by Product

12.1.1.3.2       Italy: Ammunition Market, by Application

12.1.1.3.3       Italy: Ammunition Market, by Guidance

12.1.1.3.4       Italy: Ammunition Market, by Lethality

12.1.1.3.5       Italy: Ammunition Market, by Caliber

12.1.1.3.5.1    Italy: Ammunition Market, by Small Caliber Ammunition

12.1.1.3.5.2    Italy: Ammunition Market, by Medium Caliber Ammunition

12.1.1.3.5.3    Italy: Ammunition Market, by Large Caliber Ammunition

12.1.1.4       UK: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.4.1       UK: Ammunition Market, by Product

12.1.1.4.2       UK: Ammunition Market, by Application

12.1.1.4.3       UK: Ammunition Market, by Guidance

12.1.1.4.4       UK: Ammunition Market, by Lethality

12.1.1.4.5       UK: Ammunition Market, by Caliber

12.1.1.4.5.1    UK: Ammunition Market, by Small Caliber Ammunition

12.1.1.4.5.2    UK: Ammunition Market, by Medium Caliber Ammunition

12.1.1.4.5.3    UK: Ammunition Market, by Large Caliber Ammunition

12.1.1.5       Russia: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.5.1       Russia: Ammunition Market, by Product

12.1.1.5.2       Russia: Ammunition Market, by Application

12.1.1.5.3       Russia: Ammunition Market, by Guidance

12.1.1.5.4       Russia: Ammunition Market, by Lethality

12.1.1.5.5       Russia: Ammunition Market, by Caliber

12.1.1.5.5.1    Russia: Ammunition Market, by Small Caliber Ammunition

12.1.1.5.5.2    Russia: Ammunition Market, by Medium Caliber Ammunition

12.1.1.5.5.3    Russia: Ammunition Market, by Large Caliber Ammunition

12.1.1.6       Rest of Europe: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

12.1.1.6.1       Rest of Europe: Ammunition Market, by Product

12.1.1.6.2       Rest of Europe: Ammunition Market, by Application

12.1.1.6.3       Rest of Europe: Ammunition Market, by Guidance

12.1.1.6.4       Rest of Europe: Ammunition Market, by Lethality

12.1.1.6.5       Rest of Europe: Ammunition Market, by Caliber

12.1.1.6.5.1    Rest of Europe: Ammunition Market, by Small Caliber Ammunition

12.1.1.6.5.2    Rest of Europe: Ammunition Market, by Medium Caliber Ammunition

12.1.1.6.5.3    Rest of Europe: Ammunition Market, by Large Caliber Ammunition

13.        Industry Landscape

13.1      Overview

13.2      Market Initiative

13.3      New Product Development

14.        Company Profiles

14.1      Northrop Grumman Corporation

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      BAE Systems

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      Elbit Systems Ltd.

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      Raytheon Technologies Corporation

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      Vista Outdoor Operations LLC

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      NAMMO AS

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      Rheinmetall AG

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8      RUAG Group

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

14.9      Thales Group

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Products and Services

14.9.4     Financial Overview

14.9.5     SWOT Analysis

14.9.6     Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Word Index

 

 

LIST OF TABLES

Table 1.             Europe Ammunition Market, Revenue and Forecast, 2020–2028 (US$ Million)

Table 2.             Germany: Ammunition Market, by Product– Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany: Ammunition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany: Ammunition Market, by Guidance–Revenue and Forecast to 2028 (US$ Million)

Table 5.             Germany: Ammunition Market, by Lethality–Revenue and Forecast to 2028 (US$ Million)

Table 6.             Germany: Ammunition Market, by Caliber–Revenue and Forecast to 2028 (US$ Million)

Table 7.             Germany: Ammunition Market, by Small Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 8.             Germany: Ammunition Market, by Medium Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 9.             Germany: Ammunition Market, by Large Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 10.          France: Ammunition Market, by Product– Revenue and Forecast to 2028 (US$ Million)

Table 11.          France: Ammunition Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 12.          France: Ammunition Market, by Guidance–Revenue and Forecast to 2028 (US$ Million)

Table 13.          France: Ammunition Market, by Lethality–Revenue and Forecast to 2028 (US$ Million)

Table 14.          France: Ammunition Market, by Caliber–Revenue and Forecast to 2028 (US$ Million)

Table 15.          France: Ammunition Market, by Small Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 16.          France: Ammunition Market, by Medium Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 17.          France: Ammunition Market, by Large Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 18.          Italy: Ammunition Market, by Product– Revenue and Forecast to 2028 (US$ Million)

Table 19.          Italy: Ammunition Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 20.          Italy: Ammunition Market, by Guidance–Revenue and Forecast to 2028 (US$ Million)

Table 21.          Italy: Ammunition Market, by Lethality–Revenue and Forecast to 2028 (US$ Million)

Table 22.          Italy: Ammunition Market, by Caliber–Revenue and Forecast to 2028 (US$ Million)

Table 23.          Italy: Ammunition Market, by Small Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 24.          Italy: Ammunition Market, by Medium Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 25.          Italy: Ammunition Market, by Large Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 26.          UK: Ammunition Market, by Product– Revenue and Forecast to 2028 (US$ Million)

Table 27.          UK: Ammunition Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 28.          UK: Ammunition Market, by Guidance–Revenue and Forecast to 2028 (US$ Million)

Table 29.          UK: Ammunition Market, by Lethality–Revenue and Forecast to 2028 (US$ Million)

Table 30.          UK: Ammunition Market, by Caliber–Revenue and Forecast to 2028 (US$ Million)

Table 31.          UK: Ammunition Market, by Small Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 32.          UK: Ammunition Market, by Medium Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 33.          UK: Ammunition Market, by Large Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 34.          Russia: Ammunition Market, by Product– Revenue and Forecast to 2028 (US$ Million)

Table 35.          Russia: Ammunition Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 36.          Russia: Ammunition Market, by Guidance–Revenue and Forecast to 2028 (US$ Million)

Table 37.          Russia: Ammunition Market, by Lethality–Revenue and Forecast to 2028 (US$ Million)

Table 38.          Russia: Ammunition Market, by Caliber–Revenue and Forecast to 2028 (US$ Million)

Table 39.          Russia: Ammunition Market, by Small Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 40.          Russia: Ammunition Market, by Medium Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 41.          Russia: Ammunition Market, by Large Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 42.          Rest of Europe: Ammunition Market, by Product– Revenue and Forecast to 2028 (US$ Million)

Table 43.          Rest of Europe: Ammunition Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 44.          Rest of Europe: Ammunition Market, by Guidance–Revenue and Forecast to 2028 (US$ Million)

Table 45.          Rest of Europe: Ammunition Market, by Lethality–Revenue and Forecast to 2028 (US$ Million)

Table 46.          Rest of Europe: Ammunition Market, by Caliber–Revenue and Forecast to 2028 (US$ Million)

Table 47.          Rest of Europe: Ammunition Market, by Small Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 48.          Rest of Europe: Ammunition Market, by Medium Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 49.          Rest of Europe: Ammunition Market, by Large Caliber Ammunition–Revenue and Forecast to 2028 (US$ Million)

Table 50.          List of Abbreviation

 

 

LIST OF FIGURES

Figure 1.           Europe Ammunition Market Segmentation

Figure 2.           Europe Ammunition Market Segmentation – By Country

Figure 3.           Europe Ammunition Market Overview

Figure 4.           Europe Ammunition Market, By Product

Figure 5.           Europe Ammunition Market, By Application

Figure 6.           Europe Ammunition Market, By Country

Figure 7.           Porter’s Five Forces Analysis

Figure 8.           Europe Ammunition Market- Ecosystem Analysis

Figure 9.           Expert Opinion

Figure 10.        Europe Ammunition Market: Impact Analysis of Drivers and Restraints

Figure 11.        Europe Ammunition Market, Forecast and Analysis (US$ Million)

Figure 12.        Europe Ammunition Market Revenue Share, by Product (2021 and 2028)

Figure 13.        Europe Bullets: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Europe Aerial Bomb: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Europe Grenades: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Europe Artillery Shells: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Europe Mortars: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe Others: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Europe Ammunition Market Revenue Share, by Application (2021 and 2028)

Figure 20.        Europe Defense: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Europe Commercial: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Europe Ammunition Market Revenue Share, by Guidance (2021 and 2028)

Figure 23.        Europe Guided: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Europe Non-Guided: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Europe Ammunition Market Revenue Share, by Lethality (2021 and 2028)

Figure 26.        Europe Non-Lethal: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Europe Lethal: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Europe Ammunition Market Revenue Share, by Caliber (2021 and 2028)

Figure 29.        Europe Small Caliber Ammunition: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Europe Medium Caliber Ammunition: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Europe Large Caliber Ammunition: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Europe: Ammunition Market, by Key Country – Revenue (2021) (US$ Million)

Figure 33.        Europe: Ammunition Market Revenue Share, by Key Country (2021 and 2028)

Figure 34.        Germany: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        France: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Italy: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        UK: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Russia: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Rest of Europe: Ammunition Market – Revenue and Forecast to 2028 (US$ Million)

  1. BAE Systems
  2. Elbit Systems Ltd
  3. NAMMO AS
  4. Northrop Grumman Corporation
  5. Raytheon Technologies Corporation
  6. Rheinmetall AG
  7. RUAG Group
  8. Thales Group
  9. Vista Outdoor Operations LLC
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe ammunition market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe ammunition market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the ammunition market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

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