Market revenue in 2023 | USD 721.7 million |
Market revenue in 2030 | USD 877.5 million |
Growth rate | 2.8% (CAGR from 2023 to 2030) |
Largest segment | Small caliber |
Fastest growing segment | Large Caliber |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Small Caliber, Medium Caliber, Large Caliber, Rockets & Missiles |
Key market players worldwide | Northrop Grumman Corp, Olin Corp, General Dynamics Corp, BAE Systems PLC, Rheinmetall AG, Hanwha, Temasek Holdings, Vista Outdoor Inc, FN Herstal, Nexaer, Remington Arms Company |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ammunition market will help companies and investors design strategic landscapes.
Small caliber was the largest segment with a revenue share of 58.36% in 2023. Horizon Databook has segmented the Germany ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2018 to 2030.
Extensive utilization of pistols, revolvers, rifles, shotguns, and combination guns for fishing, hunting, and sport shooting in Germany is expected to boost the demand for small caliber and medium caliber ammunition in the country.
Favorable climatic conditions in the country for hunting are also projected to aid the growth of the ammunition market. The underspending of the budget on defense by the government of Germany might negatively affect the year-on-year growth in demand for ammunition for defense application.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany ammunition market, including forecasts for subscribers. This country databook contains high-level insights into Germany ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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