Guns & Ammunition Manufacturing in the US
The Guns and Ammunition Manufacturing industry has experienced growth and volatility over the past five years to 2018. A significant portion of the industry's performance has been dependent on the civilian market. Early in the period, demand from consumers surged as consumer concerns about stricter gun control laws led many to purchase industry products in anticipation of a ban. More recently, demand from the military has rebounded to meet increasing defense spending and combat operations. Industry revenue is forecast to continue growing over the five years to 2023. Much of the anticipated growth will come from the defense market, as the current administration and Congress seek to increase defense spending and the United States continues to combat operations in the Middle East.
This industry manufactures small weapons (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers), as well as ammunition, artillery and accessories.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook