Base Year
Historical Year
Forecast Year
The United Kingdom ammunition market size reached USD 881.60 million in 2023. The market is expected to grow at a CAGR of 2.98% between 2024 and 2032, reaching USD 1,147.84 million by 2032.
The United Kingdom ammunition market growth is bolstered by a larger calibre due to its substantial impact energy upon hitting the target
Large calibre is highly effective in armed forces use, and sizable games and proves to be very effective for hunting due to its stopping power. Few of the large calibres such as .50 BMG excels in shooting at extremely long range. They are ideal for military and law enforcement as they are capable of penetrating through heavy barriers.
Rockets and missiles offer long-range accuracy which is exceptionally critical for military operations. Their adaptable weapons, from high explosives to anti-tank arsenal adapt to war situations. They are efficient towards aircraft and reinforced targets, improving military efficacy. They provide power and discourage probable dangers in military and civilian security.
In May 2023, Germany and the United Kingdom announced a pioneering agreement to join forces on the next phase of the development of advanced armour-piercing tank ammunition. The Enhanced Kinetic Energy (EKE) round is poised to considerably improve the armies' potential against changing enemy threats. This advanced armour-piercing ammunition plays a crucial role in the defence strategies of both nations.
United Kingdom Ammunition Market Report and Forecast 2024-2032 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 United Kingdom ammunition market key players are BAE Systems Plc, Northrop Grumman Corp., Rheinmetall, Leonardo S.p.A., Elbit Systems Ltd., RTX Corp., Beretta Holding S.A. (RUAG Ammotec AG), Nammo AS, SIG SAUER, Inc., and Saab AB among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| 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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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 881.60 million in 2023.
The market is projected to grow at a CAGR of 2.98% between 2024 and 2032.
The revenue generated from the ammunition market is expected to reach USD 1147.84 million in 2032.
The ammunition market is categorised according to product type, which includes rimfire and centrefire.
The key players are BAE Systems Plc, Northrop Grumman Corp., Rheinmetall, Leonardo S.p.A., Elbit Systems Ltd., RTX Corp., Beretta Holding S.A. (RUAG Ammotec AG), Nammo AS, SIG SAUER, 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 BAE Systems Plc, Northrop Grumman Corp., Rheinmetall, Leonardo S.p.A., Elbit Systems Ltd., RTX Corp., Beretta Holding S.A. (RUAG Ammotec AG), Nammo AS, SIG SAUER, Inc., and Saab AB among others.
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Australia
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+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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