Industry Statistics and Rankings
How does this industry perform in Hungary compared to Europe?
Country Benchmarking
Industry Data Hungary
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#21 In EuropeBusiness
#12 In EuropeEmployees
#22 In EuropeWages
#23 In EuropeThe majority of demand for weapons and ammunition manufactured by European companies comes from the European defence sector and allied militaries like the US. Domestic and international defence budgets are the primary driver of revenue, typically increasing during geopolitical tension and conflict. Yet, the industry faces intense global competition from US manufacturers, which produce the lion's share of ammunition and weapons globally. Imports increased strongly over the past few years, totalling €4.6 billion in 2024, as the Russia-Ukraine conflict encouraged a flood of US weapon and ammunition imports to assist Ukraine with the war effort.
Enterprises
Number of businesses in 2024
Biggest companies in the Weapon & Ammunition Manufacturing in Hungary
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Weapon & Ammunition Manufacturing in Hungary industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Weapon & Ammunition Manufacturing industry in Hungary in 2024?
The market size of the Weapon & Ammunition Manufacturing industry in Hungary is €47.7m in 2024.
How many businesses are there in the Weapon & Ammunition Manufacturing in Hungary industry in 2024?
There are 21 businesses in the Weapon & Ammunition Manufacturing industry in Hungary, which has grown at a CAGR of 4.3 % between 2019 and 2024.
Has the Weapon & Ammunition Manufacturing industry in Hungary grown or declined over the past 5 years?
The market size of the Weapon & Ammunition Manufacturing industry in Hungary has been declining at a CAGR of 1.9 % between 2019 and 2024.
What is the forecast growth of the Weapon & Ammunition Manufacturing industry in Hungary over the next 5 years?
Over the next five years, the Weapon & Ammunition Manufacturing industry in Hungary is expected to grow.
What does the Weapon & Ammunition Manufacturing in Hungary include?
Heavy-arms weapons & ammunition and Small-arm weapons & ammunition are part of the Weapon & Ammunition Manufacturing industry.
How competitive is the Weapon & Ammunition Manufacturing industry in Hungary?
The level of competition is moderate and steady in the Weapon & Ammunition Manufacturing industry in Hungary.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Military Fighting Vehicle Manufacturing in Hungary
Complementors
- Shipbuilding in Hungary
- Aircraft, Engine & Parts Manufacturing in Hungary
Table of Contents
About this industry
Industry definition
Companies in the Weapon and Ammunition Manufacturing industry manufacture heavy weapons, small arms, air and gas guns, pistols and war ammunition, including hunting firearms and explosive devices like bombs, grenades, guided missiles, mortars and torpedoes.
Related Terms
AMMUNITION ARTILLERY TorpedoWhat's included in this industry?
Heavy-arms weapons & ammunitionSmall-arm weapons & ammunitionCompanies
Industry Code
252 - Manufacture of weapons and ammunition in Hungary
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Weapon & Ammunition Manufacturing in Hungary industry?
Outlook
Analysis
What's driving the Weapon & Ammunition Manufacturing in Hungary industry outlook?
Volatility
Analysis
What influences volatility in the Weapon & Ammunition Manufacturing in Hungary industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Weapon & Ammunition Manufacturing in Hungary industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Geopolitical conflict boosts demand for heavy-arm weapons & ammunition. The ongoing Russia-Ukraine war has increased demand for heavy weapons and ammunition manufacturing. The UK has donated anti-tank missiles, artillery guns and air defence systems to Ukraine since its invasion.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Weapon & Ammunition Manufacturing in Hungary industry's products and services performing?
Analysis
What are innovations in the Weapon & Ammunition Manufacturing in Hungary industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Weapon & Ammunition Manufacturing in Hungary industry?
International Trade
Highlights
- Total Imports into Hungary
- Total Exports into Hungary
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Manufacturers primarily compete on price and quality. They also compete against each other on product range and compatibility with existing weapon systems. To remain competitive, weapons manufacturers continuously adapt their products to the latest technology and strategic needs.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Weapon & Ammunition Manufacturing in Hungary located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers must abide by export laws and International Arms Control Treaties. Many European governments have signed up to various international arms control treaties like the Arms Trade Treaty, which influences export decisions and reporting obligations.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Weapon & Ammunition Manufacturing in Hungary industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Long-term contracts and relationships help stabilise profitability. Many European-based manufacturers are well-established institutions with a long history of fulfilling contracts for their national defence industry and other international governments.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Weapon & Ammunition Manufacturing in Hungary industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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