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Small Caliber Ammunition Market Size, Share, Development by 2024– Top Key players like Orbital Atk,Vista Outdoors,Olin Corporation,Inc.
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Currently, there are several producing companies in the world small caliber ammunition industry. The main market players are Orbital Atk, Vista Outdoors, Olin Corporation, Ruag Group, FN Herstal and Nammo. The production of small caliber ammunition will increase to 23024 Million Rounds in 2018 from 21186 Million Rounds in 2013 with average growth rate of 1.68%.
In consumption market, North America, Asia-Pacific and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these regions occupied 88.01% of the global consumption volume in total.
Small caliber ammunition has different caliber size, which include 5.56mm, 7.62mm, 9 mm, 12.7 mm Caliber, etc. And each type has application industries relatively. With increasing demand of military and hunting & sport activities, the downstream application industries will need more small caliber ammunitions. So, small caliber ammunition has a huge market potential in the future.
The worldwide market for Small Caliber Ammunition is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 7210 million US$ in 2024, from 6390 million US$ in 2019, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Orbital Atk
Vista Outdoors
Olin Corporation
Ruag Group
FN Herstal
Nammo
Nexter
BAE Systems
Poongsan Defense
IMI
Remington
Hornady
Rio Ammunition
General Dynamics
CBC Ammo Group
NORINCO
CSGC
Market Segment by Type, covers
5.56mm Caliber
7.62mm Caliber
9 mm Caliber
12.7 mm Caliber
Market Segment by Applications, can be divided into
Military
Law Enforcement
Civilian
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Related Information:
North America Small Caliber Ammunition Market Growth 2019-2024
United States Small Caliber Ammunition Market Growth 2019-2024
Asia-Pacific Small Caliber Ammunition Market Growth 2019-2024
Europe Small Caliber Ammunition Market Growth 2019-2024
EMEA Small Caliber Ammunition Market Growth 2019-2024
Global Small Caliber Ammunition Market Growth 2019-2024
China Small Caliber Ammunition Market Growth 2019-2024
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