Small Caliber Ammunition Market Forecasts to 2028 - Global Analysis By Size (Small Caliber Ammunition, Medium Caliber Ammunition, Large Caliber Ammunition, Artillery Ammunition), Bullet Type, and By Geography

According to Stratistics MRC, the Global Small Caliber Ammunition Market is accounted for $8.24 billion in 2022 and is expected to reach $10.61 billion by 2028 growing at a CAGR of 4.29% during the forecast period. Small caliber ammunition is a mixture of cartridges as well as bullets fired up or dispersed from a weapon, especially from a gun. It consists of gunpowder and primers meant for blastoff or outburst. They are the canister utilized with fuses; boosting charges make use of in various gun types, small arms, and artillery. Such ammunition is produced utilizing a diversity of materials such as brass, steel, and others. The raise in the acquiring of ammunition by the armed forces, local enforcement agencies, and border security forces are boosting the market.

According to the Stockholm International Peace Research Institute (SIPRI), there has been a 2.6% rise in military expenditure around the world, for security and development interests. This is likely to have a direct impact on the demand for ammunition, thus driving the growth of the small-caliber ammunition market. According to U.S. Army Publication, the U.S. Army was searching for ammunition solutions to comply with lead contamination-associated environmental regulations. The Army Research Laboratory of Combat Capabilities Development Command and Purdue University are involved in the development process of environment-friendly primary explosives with its application in small, medium, and largecaliber ammunition and gun propellant ammunition.

Market Dynamics:

Driver:

Increasing Usage of Guns for Personal Safety

Small caliber ammunition is mostly utilized for civilian applications like sports shooting, hunting, personal safety etc. Rising circumstances of mass shootings, growing terrorism activities, and mounting demand from defense forces are boosting the market growth. Handguns are used principally by military officers and policemen as sidearm. Additionally, an increase in the manufacturing handguns, shotguns, light machine guns, short-range rifles, and huge gun imports and exports all over the globe are assisting the intensification of the market. Moreover, the increasing digit of mass shooting cases yearly has finely tuned personal security regards between citizens.

Restraint:

Differences in Economic, Legal, and Political Regulations

Governmental rules and regulations concerning the rights of guns and ammunition differ amongst countries. Accordingly, the Original Equipment Manufacturers (OEMs) of small arms and ammunition come across challenges created by the severe administration customs and broad documentation procedures. The international business of small calibre ammunition is extremely guarded by numerous rigid establishments such as law enforcement agencies and homeland security. Consequently, this hinders the growth of the market.

Opportunity:

Growing Demand for Environment-Friendly Ammunition Leads to Development of Green Ammunition

At the present time, companies and military agencies are hoping to scheme and develop environmental friendly ammunition. In an attempt to look after the ecosystem, the U.S. army is involved in the scheme and develop of ecological bullets, with its meeting point being on sinking soil pollution. The dangerous materials that are used in ammunition like lead create soil pollution. Therefore, companies and government agencies are mainly concentrating on diminishing lead by utilizing polymer based ammunition. This decreases the weight and costs of ammunition for guns.

Threat:

Competition from substitutes

The strict rule on gun rights threatens for the growth of the small caliber ammunition market during the forecast period. The rising importance on gun manage process to diminish accidental gun deaths and injuries, domestic violence related deaths, homicides, and suicides may even make the licensed rifle purchasing processes hard during the forthcoming period. This is anticipated to discourage the growth of the market during the forecast period Production of small calibre ammunition is hindering during the lockdowns and this has created a shortage for supply in some countries. However, governmental guidelines and norms concerning the ownership of guns and ammunition differ in the middle of nations. Subsequently, small arms and ammunition original equipment manufacturers (OEMs) face numerous difficulties posed by the strict government rules and prolonged certification procedures.

COVID-19 Impact

The Covid pandemic has very less impact on the small caliber ammunition market as the acquirement programs of armed forces for recent generation military arms and ammunition have left unexaggerated. The expansion of the small caliber ammunition market is biased to numerous associative aspects, such as allotment of funds for acquiring of innovative equipment, and possibly unfavourably affected due to the speedy technological advances resultant in an undersized effective life of recently developed skill. Rising investments in defense for military transformation programs to attain improved equipment to re establish its active magazine is substitute as an explanation market boost of the small caliber ammunition market.

The small caliber ammunition segment is expected to be the largest during the forecast period

Based on size the market is classified into Small Caliber Ammunition, Medium Caliber Ammunition, Large Caliber Ammunition, Artillery Ammunition, Tank Ammunition and Rockets, Missiles and Others. Small Caliber Ammunition is further segmented into Below 7 mm, 7.62 x 39 mm, 7.62 x 54 mm, 7.62 mm, 7.62 x 51 mm, 9-12 mm, 9 x 18 mm, 9 mm, 9 x 19 mm, 12-14 mm, 12.7 x 108 mm, 5.56 mm, 14.5 x 114 mm and others. The 9 mm segment is anticipated to produce due its extensive handling in pistols and machine guns. Moreover, the 9 × 19 mm pistol-fired armor-piercing cartridge 7N31 is manufactured to destroy enemies, wearing body armor, behind light covers, in the open, and inside vehicles. It is fired using the 9mm GSh-18 pistol and 9mm PP-2000 submachine gun. Military and law enforcement agencies are slowly more implementing of 9mm due to greater magazine capacity and enhanced performance, which provides greater constancy. The 9 mm caliber is one of the commonly used military pistols and submachine gun calibers. The military and intelligence services predominantly utilize 9 mm Parabellum pistols and submachine guns. Owing to the availability of lightweight handguns with wide magazine capacities that use the 9 mm Parabellum cartridge, it has become the most ordinary caliber in the middle of law enforcement officers. The 9 mm bullet has a peak speed of 45.39 m/s. and it is mainly used for 22-meter range. The 9 mm Luger has gained attractiveness as a self-defense caliber for lightweight and easy to carry weapon. It has an influential cartridge for its size, with well-made bullets. The benefits such as light weight, less withdraw, and easy accessibility of 9 mm caliber are projected to raise its demand, thus boosting the small caliber ammunition market.

The military & homeland security segment is expected to have the highest CAGR during the forecast period

Based on application, the segment is divided into Federal law enforcement, Military, Civilian, Law Enforcement, Commercial, Military & Homeland Security, Shooting Sports & Hunting and Self Defense. Military segment is captured to have the largest CAGR during the forecast period. Military spend for R&D actions and rising ammunition procurement agreements have considerably surged all over the world, especially in the developing countries for attractive military strong point is promising well for this market. As well, a number of militaries are involved in international relations missions and counter insurgency operations in foreign countries and want a constant supply of ammunition for progressing their operations. This has been one of the primary growth factors for the segment. Militaries are more and more affecting towards higher calibers like 7.62 mm projectiles, as the existing widely used calibers like the 5.56 mm are flattering unproductive in stabbing the tougher armors.

Region with highest share:

North America accounted for the largest revenue share during the forecast period. Owing to the high demand for bullets and in addition, the defense budget is enlarged that is considerably influencing the bullets market in the region. Boost in the implementation of dissimilar small caliber ammunition for numerous military and defense applications is a rising trend. The increasing use of small-caliber ammunition for civil and defense purposes is expected to boost the small-caliber ammunition market throughout the forecast period. This is owing to the easy accessibility and ease of use of small-caliber ammunition in applications ranging from sports, hunting, and military purposes. Enlarged defense expenditure and stretchy legislation regarding the use of guns are anticipated to have an optimistic impact on the industry growth.

Region with highest CAGR:

Asia Pacific is projected to explanation for forceful profits CAGR during the forecast Period. The market in Asia Pacific is expected to account for largest revenue share over the forecast period. Rising demand for small caliber ammunition from different sectors, including military, law enforcement, and for sport and hunting is expected to continue to support growth of the market in the region. Increasing incidence of radical performance has led to increased use of ammunition by armed forces. Growing number of drug cartels in is following revenue growth of the market in the region.

Key players in the market

Some of the key players profiled in the Small Caliber Ammunition Market include Australian Munitions, Sellier & Ballot, Thales Group, BAE Systems, Nammo AS, Remington Arms Company LLC, Denel SOC Ltd, Winchester Ammunition, Aguila Ammunitions, CBC Global Ammunition, General Dynamics Ordnance and Tactical System, BAE System Plc, Remington Arms Company LLC, Vista Outdoor, Inc., Northrop Grumman Corporation, Denel PMP, Olin Corporation, General Dynamics Corporation, RUAG, Elbit Systems Ltd.

Key Developments:

In 2019 Nammo A.S., also announced collaboration with Boeing, a major player in precision guided munitions, to produce the next generation of extended range artillery projectiles. These two developments will strengthen the position of Nammo A.S. in the global ammunition market.

In April 2020, Nammo AS signed a contract with the Swedish Defense Materiel Administration for the delivery of small caliber ammunition. This enables the Swedish Armed forces to strengthen their military training program. The contract covers deliveries from 2020 to 2022.

In June 2020, Winchester Ammunition bagged a USD 38 million contract from the US Department of Defense (DoD) to deliver frangible 9mm ammunition for indoor and outdoor close-quarter battle (CQB) training.

In June 2020, Thales Group signed a 10-year contract with the Australian government for the production and supply of strategic munitions. The value of the Strategic Domestic Munitions Manufacturing (SDMM) contract is worth USD 686.7 million.

In July 2020, Northrop Grumman Corporation was awarded a contract by the U.S. army to supply next generation airburst cartridge for 30mm XM813 Bushmaster Chain Gun. The gun and ammunition system will provide greater capability for the Striker Infantry Carrier Vehicle and Brigade Combat Team fleets.

Sizes Covered:

• Small Caliber Ammunition
• Medium Caliber Ammunition
• Large Caliber Ammunition
• Artillery Ammunition
• Tank Ammunition
• Rockets and Missiles

Bullet Types Covered:

• Brass
• Lead
• Copper

Gun Types Covered:

• Rifles
• Pistols
• Shot Guns
• Handguns

Bullet Types Covered:

• Brass
• Lead
• Copper

Applications Covered:

• Federal law enforcement
• Military
• Civilian
• Law Enforcement
• Commercial
• Military & Homeland Security
• Shooting Sports & Hunting
• Self Defense

Caliber Types Covered:

• 0.338 Lapua
• 5.56*45
• 6.5 Grendel
• 7.62*39/ 54r
• 9mm Luger
• 10 Gauge
• 12 Gauge
• 20 Gauge
• 22LR
• 30-06 Springfield
• 40 S&W
• 45 Auto/ACP
• 50 BMG
• 223 Remington
• 308 Winchester
• 357 Magnum
• 380 ACP

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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