Industry Analysis & Industry Trends
The Guns and Ammunition Manufacturing industry had its ups and downs over the past five years. Prior to the five-year period, the expanding US defense budget and combat operations in the Middle East greatly increased demand for military-related small arms, ammunition, bombs, artillery shells, ordnances and other munitions. However, as the United States began to wind down combat operations, spending on defense, particularly industry products, plunged. Increasing consumer concerns about stricter gun control laws led many to buy industry products before a feared ban. As a result, despite defense cuts, industry revenue skyrocketed. In the five years to 2021, industry growth will be tempered by the eventual normalization of consumer demand following the recent surge in demand... purchase to read more
Industry Report - Industry Products Chapter
The Guns and Ammunition manufacturing industry can be broken down into four distinct product segments: small arms, small arms ammunition, ammunition (excluding small arms), and other ordinance and accessories.
Small arms manufacturers produce ammunition carts, gun barrels, machine gun belts, gun clips, gun cylinders and clips, firearms, gun magazines, machine guns, pistols, recoil mechanisms, revolvers, rifles, shotguns and submachine guns. Over the five years to 2015, revenue from this segment is expected to experience strong growth. In 2011, small arms made up about a third of industry revenue, while in 2016 it is expected to make up 46.3% of revenue... purchase to read more