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Guns & Ammunition Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Guns & Ammunition Manufacturing Market Research Report | NAICS 33299a | Jan 2016

Lock and load: After recent sales surge, demand will normalize as fears of gun control subside

The Guns & Ammunition Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 11-16
6.4%
Annual Growth 16-21
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Profit
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Employment
40,358
Businesses
591
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 - Starting a New Business Chapter

While there are few explicit barriers to entry, there are some factors that may deter entry. A significant financial investment is required to acquire, maintain and update plant and equipment. This cost may deter some firms from entering the industry. Machinery operators also need to be trained, but these costs are relatively insignificant. The rising level of unemployment in the United States has lowered some of the difficulty in obtaining a workforce with the required skills.

Research and development (R&D) is necessary for product innovation. In order to effectively compete, an entrant should be committed to spending a significant amount on R&D... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Guns & Ammunition Manufacturing Industry?

This industry manufactures small arms (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers), and ammunition, ordnance and accessories.

Industry Products
Small arms ammunitionOther ammunitionSmall armsOrdnance and accessories
 
Industry Activities
Machine gunsShotguns and riflesHandgunsGun magazinesSmall arms ammunitionAmmunition (except small arms)GrenadesMinesArtillery and tank ammunitionHowitzers and man-portable and vehicle installed rockets and rocket launchers


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