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Small and Medium Caliber Ammunition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Small and Medium Caliber Ammunition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • November 2021
  • 146 pages
  • ID: 6185563
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global small and medium caliber ammunition market grew at a CAGR of around 4% during 2015-2020.

Looking forward, the analyst expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Ammunition refers to the projectiles and propelling charges that ignite the propellant in small arms, guns and artillery. These include various expendable weapons, such as missiles, bombs, grenades and land mines as well as the materials that are fired or detonated from these weapons, including bullets and warheads. The internal diameter (bore) of a gun barrel is known as a caliber. Generally, the projectiles that are less than 20 mm in diameter are referred to as small caliber ammunition, whereas the ones with between 20mm to 40mm diameter are known as medium caliber.

The market is primarily driven by the increasing incidences of geopolitical tensions, territorial conflicts and terrorism across the globe. This has impelled the governments to increase their defense budgets and heavily invest in the replacement of traditional arsenal with modern and latest weapons with advanced technologies. Along with this, the rising utilization of medium caliber ammunitions due to their compatibility with the AK- rifle series, coupled with their affordability and easy availability, is also acting as a major growth-growth inducing factor. Moreover, there has been a considerable rise in the demand for small caliber ammunition for mild sports shooting activities using pistols and rifles. Growing focus on shooting as a major sports activity and the increase in the number of shooting competitions being held across the globe are expected to provide an impetus to the market growth. The market is further driven by the development of lightweight bullets that widely use polymer casing in their production, which are gaining widespread prominence among end users due to the enhanced convenience offered by their usage.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global small and medium caliber ammunition market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, technology, application and end use.

Breakup by Product:
7.62 x 39 mm
7.62 x 54 mm
30 x 165 mm
23 x 115 mm
23 x 152 mm
12.7 x 108 mm
14.5 x 114 mm
Others

Breakup by Technology:
Guided
Unguided

Breakup by Application:
Non-Lethal
Lethal

Breakup by End Use:
Military
Law Enforcement
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ARSENAL JSCo, BAE Systems, Inc., Denel SOC Ltd, FN Herstal (Herstal Group), General Dynamics Ordnance and Tactical Systems (General Dynamics Corporation), Rosoboronexport, MAXAMCorp Holding, S.L., MESKO S.A., Nammo AS, Nexter KNDS Group, Northrop Grumman Corporation, Poongsan Corporation, Rheinmetall Defense, RUAG Group and ST Engineering (Temasek Holdings Limited). Key Questions Answered in This Report:
How has the global small and medium caliber ammunition market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global small and medium caliber ammunition market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global small and medium caliber ammunition market and who are the key players?
What is the degree of competition in the industry?

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