Market Snapshot:
Small Caliber Ammunition, also known as cartridges or bullet in common term, is mostly used in firearms ranging from pistols to heavier automatic weapons which are also termed as machine guns. Small arms ammunition contains cartridges with a bullet diameter, or caliber, of up to 0.75 inches and below. Most of the production for cartridges with bullets of .45 caliber or smaller are made. This ammunition consists of Lightweight Case which helps in lightening the Soldier’s load, advancing armor-piercing capabilities and reducing the range of ammunition. Increase in military base and military modernization program across the globe is driving the market of Small Caliber Ammunition.
Highlights from Small Caliber Ammunition Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Value (2028) | USD 9780.0 Million |
Unit | Value (USD Million) |
CAGR | 3.7% |
The key Manufacturers profiled in the report are Northrop Grumman (Orbital ATK Inc.) (United States), General Dynamics Corporation (United States), Olin Corporation (United States), BAE Systems (United Kingdom), Nammo AS (Norway), Beretta Holding (Italy), Nexter (France), Elbit Systems Ltd. (Israel), Herstal Group (Belgium) and CBC Global Ammunition (Brazil).
Geographic Breakdown and Segment Analysis
The Global Small Caliber Ammunition market presents a comprehensive analysis of the Small Caliber Ammunition market by product type (5.56mm Caliber, 7.62mm Caliber, 9 mm Caliber, 12.7 mm Caliber and Others), by end-user/application (Military, Law Enforcement and Civilian), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Small Caliber Ammunition industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Small Caliber Ammunition market
Analyst at AMA have segmented the market study of Global Small Caliber Ammunition market by Type, Application and Region.
Influencing Trend:
Adoption of Military Modernization Programs Across the Globe and Acceptance of Lightweight Ammunition World widely
Market Growth Drivers:
The Upsurge in Terrorist Attacks In OECD (Organization for Economic Co-Operation and Development) Countries and Increased Use of Guns for Personal Safety and Shooting Sports
Challenges:
Stringent Implementation of Gun Control Legislation
Restraints:
Changes in Economic, Legal, and Political Regulations Affect the Procurement of Ammunition
Opportunities:
Continuous R&D Activities to Develop Advanced Ammunition and Demand for Advanced Medium and Large Caliber Ammunition From Emerging Economies
Market Developments Activities:
In September 2023, Vista Outdoor announced that it had acquired Remington Arms' ammunition business for an undisclosed amount. The acquisition of Remington Arms' ammunition business is expected to strengthen Vista Outdoor's position in the ammunition market. The company will now have a broader portfolio of ammunition products and a larger manufacturing footprint.
In November 2023, Winchester Ammunition has announced a new load in its Elite XTP line of ammunition, the 6.5 Creedmoor Elite XTP. The new load features a 140-grain bullet that is designed for long-range hunting and competition shooting. The bullet is loaded to a muzzle velocity of 2,900 feet per second and has a muzzle energy of 2,100 foot-pounds.
The appropriate analysis of the key organizations/companies involved within the Global Small Caliber Ammunition Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Key Target Audience
Small Caliber Ammunition Manufactures, End-Use Market Participants of Different Segments of Small Caliber Ammunition, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms and Others