DUBLIN, Aug. 6, 2021 /PRNewswire/ -- The "Small Caliber Ammunition Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Ammunition Size, End User, Gun Type, and Geography" report has been added to ResearchAndMarkets.com's offering.
The small caliber ammunition market is expected to grow from US$ 5,923.61 in 2020 to US$ 10,241.57 million by 2028; it is estimated to grow at a CAGR of 7.08% during 2020-2028.
Ammunition plays a decisive role in escalating, prolonging, or intensifying armed conflict. It is consumable and continuously replenished. Small caliber ammunition, usually less than 20 mm, includes cartridges and bullets fired from a weapon, and they consist of gun powder and primers for explosion. The ammunition is used primarily with small arms as well as with some light weapons. Surging terrorist activities across the world as well as increasing internal and international conflicts are compelling government agencies and military authorities, and police departments to procure this type of ammunition. Furthermore, military modernization initiatives being implemented in major defense countries are gathering greater focus on spending significant amounts on the procurement of ammunition, which is supporting the growth of the small caliber ammunition market.
Based on ammunition size, the small caliber ammunition market is segmented into 5.56mm, 7.62mm, 9mm, 12.7mm, 12.77mm, 14.5mm, 45ACP, .338LM, .22LR, .223 Remington, and .308 Winchester. The 7.62 mm segment is expected to register the highest CAGR during the forecast period owing to a larger ranges of cartridges offered with this caliber. The 7.62mm caliber is used in long-range small weapons such as medium machine guns, handguns, and shorter-range sniper rifles. 7.62x51mm and 7.62x39mm are the two configurations of 7.62mm ammunition. The 7.62x51mm is majorly the US configuration, whereas the 7.62x39mm is the Russian configuration. Both configurations have immense demand from the defense and homeland security forces. Based on end user, the small caliber ammunition market is segmented into military, homeland security, and law enforcement agencies. By gun type, the market is segmented into pistols, rifles, and shot guns. In terms of geography, in 2020, North America dominated the small caliber ammunition market owing to the increasing use of ammunition by armed forces and growing number of drug cartels in Central America. Moreover, the North America small caliber ammunition market is driven by the strong demand from the US. The long-term competitive strategy of the US Department of Defense for developing technologies and new concepts of warfare is expected to aid the regional market growth during the forecast period.
The COVID-19 outbreak has significantly affected the world and is continuing to shatter several countries. Until the outbreak, the defense industry was experiencing substantial growth in terms of production and services. Due to the pandemic, ammunition and assembly line manufacturing across the world have been negatively impacted. Despite the importance of ammunition manufacturing for military applications, the production of ammunition is disrupted owing to the restrictions on supply chain. The level of COVID-19 exposure a country faces, the level at which manufacturing operations are running, and import-export regulations, among other things, all factors are playing an important role in resuming ammunition manufacturing and demand. Several countries have decided to cut their defense budgets in general. Budgets for the research and noncritical sectors are likely to be temporarily cut as defense departments focus more on critical sectors to national security.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global small caliber ammunition market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global small caliber ammunition market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Small Caliber Ammunition Market Landscape
4.1 Market Overview
4.2 Porters Five Forces Analysis
4.2.1 Small Caliber Ammunition Market - Porters Five Forces Analysis
4.2.1.1 Bargaining Power of Buyers
4.2.1.2 Bargaining Power of Suppliers
4.2.1.3 Threat of New Entrants
4.2.1.4 Threat of Substitutes
4.2.1.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Small Caliber Ammunition Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising investments by homeland security and law enforcement departments for procurement of small caliber ammunition
5.1.2 Need of Modernizing Military Operations with Rapid Changes in Warfare
5.2 Market Restraints
5.2.1 Imposition of Stringent Regulations Related to Procurement and Sales of Ammunition
5.3 Market Opportunities
5.3.1 Surge in Demand for Small Arms Ammunition in Developing Countries
5.4 Future Trends
5.4.1 Adoption of New Squad Automatic Rifle by Military Forces
5.5 Impact Analysis of Drivers and Restraints
6. Small Caliber Ammunition - Global Market Analysis
6.1 Global Small Caliber Ammunition Market Overview
6.2 Global Small Caliber Ammunition Market Revenue Forecast and Analysis
6.3 Market Positioning - Five Key Players
7. Small Caliber Ammunition Market Revenue and Forecast to 2028 - By Ammunition Size
7.1 Overview
7.2 Small Caliber Ammunition Market, by Ammunition Size (2020 & 2028)
7.3 5.56mm
7.3.1 Overview
7.3.2 5.56mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.4 7.62mm
7.4.1 Overview
7.4.2 7.62mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.5 9mm
7.5.1 Overview
7.5.2 9mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.6.7mm
7.6.1 Overview
7.6.2.7mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.7.5mm
7.7.1 Overview
7.7.2.5: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.8ACP
7.8.1 Overview
7.8.2ACP: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.9 .338LM
7.9.1 Overview
7.9.2 .338LM: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.10 .22LR
7.10.1 Overview
7.10.2 .22LR: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.11REM
7.11.1 Overview
7.11.2REM: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.12 .308 Winchester
7.12.1 Overview
7.12.2 .308 Winchester: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
8. Small Caliber Ammunition Market Analysis and Forecast to 2028 - By End User
8.1 Overview
8.2 Small Caliber Ammunition Market, by End User (2020 & 2028)
8.3 Military
8.3.1 Overview
8.3.2 Military: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
8.4 Homeland Security
8.4.1 Overview
8.4.2 Homeland Security: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
8.5 Law Enforcement Agencies
8.5.1 Overview
8.5.2 Law Enforcement Agencies: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
9. Small Caliber Ammunition Market Analysis and Forecast to 2028 - By Gun Type
9.1 Overview
9.2 Small Caliber Ammunition Market, by Gun Type (2020 & 2028)
9.3 Pistols
9.3.1 Overview
9.3.2 Pistols: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
9.4 Rifles
9.4.1 Overview
9.4.2 Rifles: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
9.5 Shot Guns
9.5.1 Overview
9.5.2 Shot Guns: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
10. Small Caliber Ammunition Market - Geographic Analysis
11. Small Caliber Ammunition Market - COVID-19 Impact Analysis
11.1 Overview
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.1.5 South America: Impact Assessment of COVID-19 Pandemic
12. Small-Calibre Ammunition Market Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 CBC Global Ammunition
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 NAMMO AS
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Remington Ammunition.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 General Dynamics Ordnance and Tactical Systems.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Northrop Grumman Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 BAE Systems Plc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Elbit Systems Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 FN HERSTAL
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Winchester Ammunition
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Denel PMP
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/7gskmq?
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