The Worldwide Small Caliber Ammunition Market Report, distributed by Emergen Research, offers an industry-wide appraisal of the Small Caliber Ammunition market, which is comprehensive of the most pivotal elements adding to the development of the business. The most recent examination report includes a broad investigation of the miniature and full scale monetary pointers that impact the worldwide market improvement during the conjecture time of 2021-2028
The global small caliber ammunition market size is expected to reach USD 9.35 Billion in 2028 and register a revenue CAGR of 2.3% over the forecast period, according to the latest report by Emergen Research. Increasing defense spending, growing interest in activities such as hunting and shooting, increasing number of civilian gun owners, rising concerns regarding personal safety, and owing a gun for self-defense and protection are some key factors driving global small caliber ammunition market revenue growth.
Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Small Caliber Ammunition industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Small Caliber Ammunition industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Small Caliber Ammunition industry.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Small Caliber Ammunition market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Small Caliber Ammunition market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Small Caliber Ammunition market.
Radical Highlights of the Small Caliber Ammunition Market Report:
- In April 2020, Thales’s subsidiary, Australian Munitions, recorded its largest munitions export orders of over USD 30 Million from the U.S., New Zealand, Canada, Asia, and Europe. Australian Munitions is a major manufacturer of some of the world’s best propellants and small caliber ammunition and this order will increase small caliber ammunition market growth globally.
- 9mm segment accounted for significantly robust revenue share in 2020 owing to feature of reduced gun recoil, which makes it easier to handle. This caliber is widely used by law enforcement agencies as it allows faster target acquisition owing to compact size, which makes it easier to carry.
- Lead segment accounted for significantly large revenue share in 2020 and is expected to register a steady growth rate during the forecast period. Lead is cheap, malleable, and has low melting point, which makes it easier to mold and shape than most other materials.
- North America accounted for largest revenue share in 2020 owing to increased usage of small caliber ammunition among armed forces and growing number of drug cartels in neighboring region such as Central America.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Aguila Ammunition, BAE Systems, Nammo AS, Northrop Grumman Corporation, CBC Global Ammunition, General Dynamics Ordnance and Tactical Systems, Elbit Systems Ltd., FN Herstal, Denel Pretoria Metal Pressings (PMP), Olin Corporation
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Small Caliber Ammunition Market Segmentation:
Caliber Type Outlook (Revenue, USD Billion; 2018–2028)
- .223 Remington
- .308 Winchester
- 9mm Luger
- 62mm
- 45 ACP
- .338 Lapua Magnum
- 56mm
- Others
Bullet Type Outlook (Revenue, USD Billion; 2018-2028)
- Lead
- Copper
- Brass
- Others
Gun Type Outlook (Revenue, USD Billion; 2018–2028)
- Rifles
- Pistols
- Handguns
- Shotguns
- Others
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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