The North America ammunition market size reached USD 9.63 Billion in 2025. The market is expected to grow at a CAGR of 3.76% between 2026 and 2035, reaching USD 13.93 Billion by 2035.
Base Year
Historical Period
Forecast Period
The World Bank's report shows a $876.94 billion surge in US military spending in 2022, stimulating the ammunition market.
The firearm and ammunition sector injected around $90.06 billion into the economy in 2023, as per The Firearm Industry Trade Association.
Military expenditure in 2022, according to the World Bank, rose by 1.2%, driving up ammunition demand.
Compound Annual Growth Rate
3.76%
Value in USD Billion
2026-2035
*this image is indicative*
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.
North America Ammunition Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Caliber
Market Breakup by Product Type
Market Breakup by Application
Market Breakup by Region
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.
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The market was valued at USD 9.63 Billion in 2025.
The market is projected to grow at a CAGR of 3.76% between 2026 and 2035.
The revenue generated from the ammunition market is expected to reach USD 13.93 Billion in 2035.
The ammunition market is categorised according to product type, which includes rimfire and centrefire.
The ammunition market key players are 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., and Saab AB among others.
Based on the application, the market is divided into civil and commercial and defence.
The market is broken down into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Caliber |
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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