North America Ammunition Market Report and Forecast 2025-2034
Description
The North America ammunition market size reached USD 9.28 Billion in 2024. The market is expected to grow at a CAGR of 3.76% between 2025 and 2034, reaching USD 13.42 Billion by 2034.
The defence sector boosts the North America ammunition market growth as it provides a stable source of demand for ammunition from the manufacturers, which helps them in balanced profit creation and production
Defence ensures steady demand sustaining production and returns. These agreements drive invention for specialised, ammunition, advancing innovations in materials and technology. It contributes to economic expansion by initiating jobs and strengthening related industries improving national defence through a dependable domestic ammunition supply.
In October 2023, Northrop Grumman Corporation was presented with a development contract by the U.S. Navy for their newly invented 57mm guided high explosive ammunition. The 57mm guided high explosive ammunition had the exceptional ability to manoeuvre continuously in flight towards its designated target. It was designed to counter fast-moving surface threats, drones, and swarming threats, featuring an onboard seeker to acquire moving targets and point-detonation mode for optimal engagement and defeat of the target.
Civil and commercial ammunition offers advantages in focused marketing, regulatory adherence, customized product design, market steadiness, innovation, and safety. Various consumer groups possess specific requirements, facilitating regulatory adherence, personalized product creation, enhanced market resilience, innovation stimulation, and safety protocols tailored to each sector's demands.
Market Segmentation
North America Ammunition Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Caliber:
Small Caliber
Medium Caliber
Large Caliber
Rockets and Missiles
Others
Market Breakup by Product Type:
Rimfire
Centrefire
Market Breakup by Application:
Civil and Commercial
Defence
Market Breakup by Region:
United States of America
Canada
Competitive Landscape
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and technological innovation.
BAE Systems Plc
Northrop Grumman Corp.
Rheinmetall AG
Sierra Bullets
CBC Global Ammunition
Beretta Holding S.A. (RUAG Ammotec AG)
Nammo AS
SIG SAUER, Inc.
NOSLER Inc.
Saab AB
Others
The defence sector boosts the North America ammunition market growth as it provides a stable source of demand for ammunition from the manufacturers, which helps them in balanced profit creation and production
Defence ensures steady demand sustaining production and returns. These agreements drive invention for specialised, ammunition, advancing innovations in materials and technology. It contributes to economic expansion by initiating jobs and strengthening related industries improving national defence through a dependable domestic ammunition supply.
In October 2023, Northrop Grumman Corporation was presented with a development contract by the U.S. Navy for their newly invented 57mm guided high explosive ammunition. The 57mm guided high explosive ammunition had the exceptional ability to manoeuvre continuously in flight towards its designated target. It was designed to counter fast-moving surface threats, drones, and swarming threats, featuring an onboard seeker to acquire moving targets and point-detonation mode for optimal engagement and defeat of the target.
Civil and commercial ammunition offers advantages in focused marketing, regulatory adherence, customized product design, market steadiness, innovation, and safety. Various consumer groups possess specific requirements, facilitating regulatory adherence, personalized product creation, enhanced market resilience, innovation stimulation, and safety protocols tailored to each sector's demands.
Market Segmentation
North America Ammunition Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Caliber:
Small Caliber
Medium Caliber
Large Caliber
Rockets and Missiles
Others
Market Breakup by Product Type:
Rimfire
Centrefire
Market Breakup by Application:
Civil and Commercial
Defence
Market Breakup by Region:
United States of America
Canada
Competitive Landscape
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and technological innovation.
BAE Systems Plc
Northrop Grumman Corp.
Rheinmetall AG
Sierra Bullets
CBC Global Ammunition
Beretta Holding S.A. (RUAG Ammotec AG)
Nammo AS
SIG SAUER, Inc.
NOSLER Inc.
Saab AB
Others
Table of Contents
102 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 Countries
- 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 North America Ammunition Market Overview
- 6.1 Key Industry Highlights
- 6.2 North America Ammunition Historical Market (2018-2024)
- 6.3 North America Ammunition Market Forecast (2025-2034)
- 7 North America Ammunition Market by Caliber
- 7.1 Small Caliber
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Medium Caliber
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Large Caliber
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Rockets and Missiles
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 North America Ammunition Market by Product Type
- 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 North America Ammunition Market by Application
- 9.1 Civil and Commercial
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Defense
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 North America Ammunition Market by Country
- 10.1 United States of America
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Canada
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators of Demand
- 11.4 Key Indicators of Price
- 12 Value Chain Analysis
- 13 Trade Data Analysis (HS Code – 93690)
- 13.1 Major Exporting Countries
- 13.1.1 By Value
- 13.1.2 By Volume
- 13.2 Major Importing Countries
- 13.2.1 By Value
- 13.2.2 By Volume
- 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 BAE Systems Plc
- 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 Northrop Grumman Corp.
- 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 Rheinmetall AG
- 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 Sierra Bullets
- 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 CBC Global Ammunition
- 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 Beretta Holding S.A. (RUAG Ammotec AG)
- 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 Nammo AS
- 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 SIG SAUER, Inc.
- 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 NOSLER 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 Saab AB
- 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
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