
NATO Ammunition Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2025-2034)
Description
The NATO ammunition market size reached approximately USD 7.48 Billion in 2024. The market is projected to grow at a CAGR of 3.20% between 2025 and 2034, reaching a value of around USD 10.25 Billion by 2034.
Key Trends in the Market
Ammunition is a term used for all types of materials launched or dropped from any weapon and weapon system. It is a crucial component for the functioning of firearms and military equipment. Ammunition can be availed in a wide variety of types and calibres, tailored to the specific needs of different weapons, environments, and missions.
The EMR’s report titled “NATO Ammunition Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Calibre:
According to the NATO ammunition market analysis, rimfire is likely to show substantial growth during the forecast period. The development of the ammunition type can be attributed to its various benefits, including cost affordability, low recoil, and lightweight. Rimfire cartridges typically have lower power and recoil compared to centrefire cartridges. Moreover, these firearms produce less noise and muzzle blast compared to centrefire firearms.
Market Share by End-Use
The increasing investments by governments in defence are expected to significantly influence the NATO ammunition market share in the coming years. Military forces rely heavily on various types of ammunition, ranging from small arms ammunition to artillery shells, missiles, and explosives. Additionally, private security firms may use firearms and ammunition for protection and security services, especially in regions where private security is prevalent.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the NATO ammunition market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Northrop Grumman Corporation
Northrop Grumman Corporation stands as a prominent American multinational enterprise specialising in aerospace and defence technology. Renowned globally, it ranks among the foremost defence contractors, offering an extensive array of goods and services to both government entities and commercial clients. This corporate entity came into being in 1994 after the merger of two significant players in the aerospace and defence sectors, Northrop Corporation and Grumman Corporation.
BAE Systems plc
BAE Systems plc is a British multinational defence, security, and aerospace company. It is one of the largest defence contractors in the world, operating in the sector and offering a wide range of products and services to governments, armed forces, and commercial clients globally. The company has been involved in a range of high-profile projects, including the Eurofighter Typhoon, the F-35 Lightning II, the Astute-class submarines, and the Queen Elizabeth-class aircraft carriers.
General Dynamics Corp.
General Dynamics Corp. is a prominent American multinational corporation specialising in aerospace and defence. It stands as one of the leading defence contractors worldwide, offering an extensive array of goods and services to governments, military entities, and commercial enterprises across the globe. General Dynamics actively engages in collaborations with various organisations, including government agencies, research institutions, and sector partners.
Other NATO ammunition market players include Rheinmetall AG, RWS GmbH, FN HERSTAL, S.A., CBC Global Ammunition, Nammo AS, AMMO, Inc., and MESKO S.A., among others.
Key Trends in the Market
Ammunition is a term used for all types of materials launched or dropped from any weapon and weapon system. It is a crucial component for the functioning of firearms and military equipment. Ammunition can be availed in a wide variety of types and calibres, tailored to the specific needs of different weapons, environments, and missions.
- Rapid ammunition technology advancements are significantly influencing the NATO ammunition market growth. With the incorporation of cutting-edge materials, precise engineering techniques, and intelligent munitions systems, there has been a substantial enhancement in the overall performance and efficiency of ammunition. Notably, progress in guided munitions and precision-strike capabilities has elevated the accuracy and lethal potential of NATO ammunition.
- The growing usage of non-lethal ammunition is one of the most significant NATO ammunition market trends. This shift is motivated by the necessity for managing crowds and undertaking humanitarian operations amid growing political and social instability. These types of munitions are purposefully designed to immobilise or discourage without inflicting deadly harm. The advancement of non-lethal alternatives holds immense importance for NATO forces actively involved in peacekeeping and stabilisation missions.
- The NATO ammunition market demand is propelled by the increasing popularity of smart or guided ammunition. The push towards this trend is fuelled by a demand for heightened precision, minimised unintended damage, and enhanced discernment of targets. Smart ammunition is outfitted with intricate guidance systems, GPS technology, and sophisticated sensors, allowing it to dynamically adjust its path and target in real time.
The EMR’s report titled “NATO Ammunition Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Calibre:
- Small
- Medium
- Large
- Rimfire
- Centrefire
- Aerial
- Terrestrial
- Naval
- Defence
- Civil and Commercial
- United States
- Germany
- France
- United Kingdom
- Canada
- Italy
- Others
According to the NATO ammunition market analysis, rimfire is likely to show substantial growth during the forecast period. The development of the ammunition type can be attributed to its various benefits, including cost affordability, low recoil, and lightweight. Rimfire cartridges typically have lower power and recoil compared to centrefire cartridges. Moreover, these firearms produce less noise and muzzle blast compared to centrefire firearms.
Market Share by End-Use
The increasing investments by governments in defence are expected to significantly influence the NATO ammunition market share in the coming years. Military forces rely heavily on various types of ammunition, ranging from small arms ammunition to artillery shells, missiles, and explosives. Additionally, private security firms may use firearms and ammunition for protection and security services, especially in regions where private security is prevalent.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the NATO ammunition market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Northrop Grumman Corporation
Northrop Grumman Corporation stands as a prominent American multinational enterprise specialising in aerospace and defence technology. Renowned globally, it ranks among the foremost defence contractors, offering an extensive array of goods and services to both government entities and commercial clients. This corporate entity came into being in 1994 after the merger of two significant players in the aerospace and defence sectors, Northrop Corporation and Grumman Corporation.
BAE Systems plc
BAE Systems plc is a British multinational defence, security, and aerospace company. It is one of the largest defence contractors in the world, operating in the sector and offering a wide range of products and services to governments, armed forces, and commercial clients globally. The company has been involved in a range of high-profile projects, including the Eurofighter Typhoon, the F-35 Lightning II, the Astute-class submarines, and the Queen Elizabeth-class aircraft carriers.
General Dynamics Corp.
General Dynamics Corp. is a prominent American multinational corporation specialising in aerospace and defence. It stands as one of the leading defence contractors worldwide, offering an extensive array of goods and services to governments, military entities, and commercial enterprises across the globe. General Dynamics actively engages in collaborations with various organisations, including government agencies, research institutions, and sector partners.
Other NATO ammunition market players include Rheinmetall AG, RWS GmbH, FN HERSTAL, S.A., CBC Global Ammunition, Nammo AS, AMMO, Inc., and MESKO S.A., among others.
Table of Contents
175 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Ammunition Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Ammunition Historical Market (2018-2024)
- 5.3 Global Ammunition Market Forecast (2025-2034)
- 5.4 Global Ammunition Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 NATO Ammunition Market Overview
- 6.1 Key Industry Highlights
- 6.2 NATO Ammunition Historical Market (2018-2024)
- 6.3 NATO Ammunition Market Forecast (2025-2034)
- 7 NATO Ammunition Market by Calibre
- 7.1 Small
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Medium
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Large
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 NATO Ammunition Market by Product
- 8.1 Rimfire
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Centrefire
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 NATO Ammunition Market by Weapon Platform
- 9.1 Aerial
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Terrestrial
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Naval
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 10 NATO Ammunition Market by End Use
- 10.1 Defence
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Civil and Commercial
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 NATO Ammunition Market by Country
- 11.1 United States
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Germany
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 France
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 United Kingdom
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Canada
- 11.5.1 Historical Trend (2018-2024)
- 11.5.2 Forecast Trend (2025-2034)
- 11.6 Italy
- 11.6.1 Historical Trend (2018-2024)
- 11.6.2 Forecast Trend (2025-2034)
- 11.7 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Trade Data Analysis (HS Code: - 936)
- 13.1 Major Importing Countries
- 13.1.1 By Volume
- 13.1.2 By Value
- 13.2 Major Exporting Countries
- 13.2.1 By Volume
- 13.2.2 By Value
- 14 Competitive Landscape
- 14.1 Supplier Selection
- 14.2 Key Global Players
- 14.3 Key Regional Players
- 14.4 Key Player Strategies
- 14.5 Company Profiles
- 14.5.1 Northrop Grumman Corporation
- 14.5.1.1 Company Overview
- 14.5.1.2 Product Portfolio
- 14.5.1.3 Demographic Reach and Achievements
- 14.5.1.4 Certifications
- 14.5.2 BAE Systems plc
- 14.5.2.1 Company Overview
- 14.5.2.2 Product Portfolio
- 14.5.2.3 Demographic Reach and Achievements
- 14.5.2.4 Certifications
- 14.5.3 General Dynamics Corp.
- 14.5.3.1 Company Overview
- 14.5.3.2 Product Portfolio
- 14.5.3.3 Demographic Reach and Achievements
- 14.5.3.4 Certifications
- 14.5.4 Rheinmetall AG
- 14.5.4.1 Company Overview
- 14.5.4.2 Product Portfolio
- 14.5.4.3 Demographic Reach and Achievements
- 14.5.4.4 Certifications
- 14.5.5 RWS GmbH
- 14.5.5.1 Company Overview
- 14.5.5.2 Product Portfolio
- 14.5.5.3 Demographic Reach and Achievements
- 14.5.5.4 Certifications
- 14.5.6 FN HERSTAL, S.A.
- 14.5.6.1 Company Overview
- 14.5.6.2 Product Portfolio
- 14.5.6.3 Demographic Reach and Achievements
- 14.5.6.4 Certifications
- 14.5.7 CBC Global Ammunition
- 14.5.7.1 Company Overview
- 14.5.7.2 Product Portfolio
- 14.5.7.3 Demographic Reach and Achievements
- 14.5.7.4 Certifications
- 14.5.8 Nammo AS
- 14.5.8.1 Company Overview
- 14.5.8.2 Product Portfolio
- 14.5.8.3 Demographic Reach and Achievements
- 14.5.8.4 Certifications
- 14.5.9 AMMO, Inc.
- 14.5.9.1 Company Overview
- 14.5.9.2 Product Portfolio
- 14.5.9.3 Demographic Reach and Achievements
- 14.5.9.4 Certifications
- 14.5.10 MESKO S.A.
- 14.5.10.1 Company Overview
- 14.5.10.2 Product Portfolio
- 14.5.10.3 Demographic Reach and Achievements
- 14.5.10.4 Certifications
- 14.5.11 Others
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.