The Small Caliber Ammunition Market is anticipated to register a CAGR of 5% during the forecast period 2021-2027.
Small-caliber ammunition (usually less than 20 mm) contains bullets fired from the cartridge and weapon, and consists of gunpowder and an explosive detonator. Ammunition is mainly used for small arms and some light weapons. The small-caliber ammunition industry has seen manufacturers develop ammunition of various calibers for commercial and military use in recent years. The small-caliber ammunition industry is witnessing solid growth as people’s interest in activities such as hunting and shooting has increased recently as interest in personal defense has increased. Trends such as trophy hunting or target shooting, for example, have become popular in major countries around the world. In particular, targeted shooting (eg skeet shooting, trap shooting, sports clay) is increasingly practiced by both sportsmen and youth. In addition, the demand for self-defense pistols and ammunition is increasing due to the increasing crime rate and fear of the influx of refugees from all over the world.
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Market Segments
By Technology:
- Guided
- Unguided
By Application:
- Non-Lethal
- Lethal
By End Use:
- Military
- Law Enforcement
- Others
Key Players
The key market players in the Small Caliber Ammunition Market include Australian Munitions, BAE Systems, CBC, Denel SOC Ltd, FN HERSTAL, General Dynamics Ordnance and Tactical Systems, Inc., Global Ordnance, IMI Systems Ltd., MEN – Metallwerk, Elisenhuette GmbH, Nammo AS, Northrop Grumman Corporation, Olin Corporation (Winchester Ammunition), Poongsan Corporation.
Scope of the Report
The research study analyzes the global Small Caliber Ammunition industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Small Caliber Ammunition Market Report
1. What was the Small Caliber Ammunition Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Small Caliber Ammunition Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Small Caliber Ammunition Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Small Caliber Ammunition market.
- The market share of the global Small Caliber Ammunition market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Small Caliber Ammunition market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Small Caliber Ammunition market.
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