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Small Caliber Ammunition Market Survey 2020 with Top Key Players

Global Small Caliber Ammunition Market Research Overview 2020-2025: Industry Growth Analysis by Key Players, Types, Applications, Countries, and Forecast.

Global Small Caliber Ammunition Market Research Overview 2020-2025: Industry Growth Analysis by Key Players, Types, Applications, Countries, and Forecast.

The Small Caliber Ammunition market is expected to register a CAGR of 3% over the forecast period 2020 – 2025. This report presents market Size, Share, COVID Impact Analysis and Forecast to 2025. It is comprehensive research with in-depth data and contemporary analysis of Small Caliber Ammunition Market at a global, regional and key country level, split by different sub-segments of the industry.

The increasing terrorist activities in the Middle-East and African countries, like Iraq, Nigeria, Syria, and Somalia, and also recent attacks on Sri Lanka and New Zealand are propelling the local government agencies, police, and military to procure small caliber ammunition.
– Increasing investments in defense for military modernization programs for the procurement of better equipment to replace its existing arsenal is also acting as one of the key market drivers of the small caliber ammunition market.
– The stringent laws on gun ownership are acting as a key restrain for the growth of the small caliber ammunition market during the forecast period.

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Key Market Trends

The Military Segment Accounted for a Major Market Share in 2018

The military segment currently dominates the market studied, and it is expected to continue its domination, in terms of market share, over the forecast period. This is due to the increase in procurement of ammunition by the armed forces, local enforcement agencies, and border security forces to subdue the threats arising, due to terrorism, territorial conflicts, and geopolitical tensions. For instance, to modernize their infantry, the Defense Ministry of India placed an order for 72,400 assault rifles to the US firm Sig Sauer of worth USD 100 million. This order was placed in February 2019 to replace the INSAS rifles. Such procurements are expected to generate demand for small caliber ammunition during the forecast period.

The Asia-Pacific Region is Expected to Experience the Highest Growth During the Forecast Period

The Asia-Pacific region currently has the highest market share and is anticipated to have the highest growth during the forecast period. The current political tensions between countries, like China, India, Japan, and Pakistan, along with the shortage of military personnel in Japan and India, are some of the major drivers that propelling the growth of the small caliber ammunition market over the forecast period. For instance, as of July 2018, Indian Army had a shortage of over 7,000 officers and Indian Air Force had a shortage of approximately 200 officers; as of October 2018, Indian Navy had a shortage of about 1,500 officers. The plans to recruit new military personnel may generate demand for arms and ammunition, which in turn, may generate demand in the small caliber ammunition market during the forecast period.

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  • Historical, current and projected market Research in terms of volume and value.
  • In-depth market Segmentation.
  • Changing market dynamics of the industry size, share and Growth Prospective.
  • To get a comprehensive overview of the Small Caliber Ammunition
  • Small Caliber Ammunition Competitive landscape and Foresight.

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Regional Outlook:

This research report focuses on Small Caliber Ammunition market volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall Small Caliber Ammunition market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.

Competitive Landscape

The small caliber ammunition market is moderately fragmented, due to the presence of several players. Some of the prominent players in the small caliber ammunition market are Northrop Grumman Corporation, General Dynamics Corporation, BAE Systems plc, RUAG Group, and Winchester Ammunition (Olin Corporation). However, the growing indigenous manufacturing of ammunition in various countries, like Saudi Arabia, Turkey, India, China, and Russia, among others is helping the local players to take significant share in the market over the forecast period. Rostec, a Russia-based defense company, announced that it may begin the serial production of NATO caliber rounds of ammunition in 2022. Such increasing manufacturing capabilities of local players are expected to increase their market share.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply-chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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