Small Caliber Ammunition Market Scope
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.
The market study is being classified by Type (5.56mm Caliber, 7.62mm Caliber, 9 mm Caliber, 12.7 mm Caliber and Others), by Application (Military, Law Enforcement and Civilian) and major geographies with country level break-up.
Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Small Caliber Ammunition market throughout the predicted period.
Northrop Grumman (Orbital ATK Inc.) (United States), General Dynamics Corporation (United States), Olin Corporation (United States), BAE Systems (United Kingdom), Nammo AS (Norway), RUAG (RUAG Ammotec) (Switzerland), Nexter (France), Vista Outdoor Inc. (United States) and Rheinmetall AG (Germany) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Small Caliber Ammunition market by Type, Application and Region.
On the basis of geography, the market of Small Caliber Ammunition has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Gun Type, the sub-segment i.e. Handguns will boost the Small Caliber Ammunition market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In January 2019, Olin Corporation received a contract from the US Department of Defense to supply small-caliber ammunition. Under this contract, the company is expected to supply 5.56mm, 7.62mm, and .50 caliber ammunition.
- Adoption of Military Modernization Programs Across the Globe
- Acceptance of Lightweight Ammunition World widely
- The Upsurge in Terrorist Attacks In OECD (Organization for Economic Co-Operation and Development) Countries
- Increased Use of Guns for Personal Safety and Shooting Sports
- Continuous R&D Activities to Develop Advanced Ammunition
- Demand for Advanced Medium and Large Caliber Ammunition From Emerging Economies
- Changes in Economic, Legal, and Political Regulations Affect the Procurement of Ammunition
- Stringent Implementation of Gun Control Legislation
Key Target AudienceSmall 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
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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