Press release
Small Caliber Ammunition Market To Witness the Highest Growth Globally in Coming Years 2020-2025
The Small Caliber Ammunition Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025. The Small Caliber Ammunition market report is a valuable source of data for business strategists. The process for developing an updated forecast and creating the market report involves the compilation and analysis of all derivative or application sectors with a country-wise analysis of demand trends, taking into account the economic, political, and legislative environment. We have taken a holistic approach to formulate and develop a clear market model for accurate market numbers. This Small Caliber Ammunition Market study provides comprehensive data that enhances the understanding, scope, and application of this report.Top Companies in the Global Small Caliber Ammunition Market
Orbital Atk, General Dynamics Corporation (NYSE: GD), Vista Outdoors, FN Herstal, Nammo As, Olin (Winchester Ammunition), IMI (Israel Military Industries), Rosoboronexport, BAE Systems plc (OTCMKTS: BAESY), CBC Ammo, Liberty Ammunition, China North Industries (NORINCO), Poongsan Defense, Nexter, Ruag (Ruag Ammotec AG), Remington Outdoor, Australian Munitions, Denel Soc (Denel Pmp), CSGC, among others.
According to this study, over the next five years, the Small Caliber Ammunition market will register a 3.1% CAGR in terms of revenue, the global market size will reach $ 7058.3 million by 2025, from $ 6249 million in 2019.
Market Overview:
Small caliber ammunition is .50 caliber and below. Conventional small-caliber ammunition in production and deployment consists of 5.56 mm, 7.62 mm, 9 mm, 10- and 12-gauge, .22 caliber, .30 caliber, .38 caliber, .45 caliber, .300 WinMag and .50 caliber.
Currently, there are several producing companies in the world’s 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 an average growth rate of 1.68%.
How did we arrive at the report? What did we track to arrive at the numbers? Which companies have we taken into account? Which regions have we covered in our report? Can we customize it to meet your needs? For answers to all these questions, please ask for a sample by submitting your inquiry on the link:
https://www.marketinsightsreports.com/reports/02241848280/global-small-caliber-ammunition-market-growth-2020-2025/inquiry?Mode=46&Source=OP
Market Insights:
In the consumption market, North America, Asia-Pacific, and Europe are the main consumption regions due to the bigger demand for downstream applications. In 2017, these regions occupied 88.01% of the global consumption volume in total.
Small caliber ammunition has a different caliber size, which includes 5.56mm, 7.62mm, 9 mm, 12.7 mm Caliber, etc. And each type has application industries relatively. With the increasing demand for military and hunting & sports activities, the downstream application industries will need more small Caliber ammunition. So, small caliber ammunition has huge market potential in the future.
The Military Segment Accounted for a Major Market Share in 2020
The military segment currently dominates the market studied, and it is expected to continue its domination, in terms of market share, over the forecast period. This is due to the increase in the procurement of ammunition by the armed forces, local enforcement agencies, and border security forces to subdue the threats arising, due to terrorism, territorial conflicts, and geopolitical tensions. For instance, to modernize their infantry, the Defense Ministry of India placed an order for 72,400 assault rifles to the US firm Sig Sauer of worth USD 100 million. This order was placed in February 2019 to replace the INSAS rifles. Such procurements are expected to generate demand for small caliber ammunition during the forecast period.
The Asia-Pacific Region is Expected to Experience the Highest Growth During the Forecast Period
The Asia-Pacific region currently has the highest market share and is anticipated to have the highest growth during the forecast period. The current political tensions between countries, like China, India, Japan, and Pakistan, along with the shortage of military personnel in Japan and India, are some of the major drivers that propelling the growth of the small caliber ammunition market over the forecast period. For instance, as of July 2018, the Indian Army had a shortage of over 7,000 officers and the Indian Air Force had a shortage of approximately 200 officers; as of October 2018, the Indian Navy had a shortage of about 1,500 officers.
The Small Caliber Ammunition market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Small Caliber Ammunition Market based on Types are:
5.56mm Caliber
7.62mm Caliber
9 mm Caliber
12.7 mm Caliber
Based on Application, the Global Small Caliber Ammunition Market is Segmented into:
Military
Law Enforcement
Civilian
Regions Are covered By Small Caliber Ammunition Market Report 2020 To 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).
The report has 150 tables and figures browse the report description and TOC
https://www.marketinsightsreports.com/reports/02241848280/global-small-caliber-ammunition-market-growth-2020-2025?Mode=46&Source=OP
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Small Caliber Ammunition Market
-Changing Small Caliber Ammunition market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected Small Caliber Ammunition market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of the Small Caliber Ammunition Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Small Caliber Ammunition market:
– What are the recent developments and government policies?
– Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?
We Also Offer Customization on report based on specific client Requirement
Free country Level analysis for any 5 countries of your choice.
Free Competitive analysis of any 5 key market players.
Free 40 analyst hours to cover any other data point.
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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