Ammunition are fired, scattered, or dropped from a weapon or a weapon system. They are designed to interact with the targets and cause damages to them depending on their type. Ammunition can be broadly classified into 4 categories, which are small caliber ammunition, medium caliber ammunition, and large caliber ammunition, among others. Small caliber ammunition category can further be classified into 5.56mm, 7.62mm, 12.7mm, and 14.5mm, among others, while medium caliber ammunition can be divided into 20mm, 25mm, 30mm, and 40mm, among others. Large caliber category is classified into 60mm, 81mm, 120mm, 122mm, and 155mm, among others. Ammunition are majorly procured by military and law enforcement agencies such as state police and federal police. Small and medium caliber ammunition are also used by civilians for hunting, sports activities, and self-defense applications.

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.