Press release
Small-Caliber Ammunition Market is Expected to see a Growth of 4.5% by 2027| Exclusive Report by Transparency Market Research Inc.
According to a new research report pertaining to the ๐๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐ฎ๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป market, published by Transparency Market Research the global small-caliber ammunition market is expected to reach a value of ~7.5 Bn by 2027, expanding at a CAGR of 4.5% from 2019 to 2027. According to the report, the global small-caliber ammunition market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.๐๐ฑ๐ฒ๐ป๐๐ถ๐ณ๐ ๐ธ๐ฒ๐ ๐๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฑ๐ฟ๐ถ๐๐ฒ๐ฟ๐, ๐ฎ๐ป๐ฑ ๐ฐ๐ต๐ฎ๐น๐น๐ฒ๐ป๐ด๐ฒ๐ ๐ถ๐ป ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐, ๐๐ต๐ถ๐ฐ๐ต ๐๐ถ๐น๐น ๐ต๐ฒ๐น๐ฝ ๐๐ฒ๐ป๐ฑ๐ผ๐ฟ๐ ๐ถ๐บ๐ฝ๐ฟ๐ผ๐๐ฒ ๐๐ต๐ฒ๐ถ๐ฟ ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฒ๐ ๐๐ผ ๐๐๐ฎ๐ ๐ฎ๐ต๐ฒ๐ฎ๐ฑ ๐ผ๐ณ ๐๐ต๐ฒ๐ถ๐ฟ ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ผ๐ฟ๐. ๐ฉ๐ถ๐ฒ๐ ๐ผ๐๐ฟ ๐ฃ๐๐ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=72486
๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐๐ฒ๐ณ๐ฒ๐ป๐๐ฒ ๐ ๐ผ๐ฑ๐ฒ๐ฟ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ฃ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ๐ ๐๐ฟ๐ถ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Various countries across the world have implemented defense modernization programs aimed at the upgrade and replacement of their existing military machinery, systems, and equipment. The key purpose of these programs is to improve the versatility, agility, and capability of the armed forces. Modernization helps a country in strengthening its military forces by equipping them with advanced arms and improving the country's defense system for combating emergency situations such as a terrorist attack or war. For instance, in April 2018, the U.S. Army placed an order for 5.56-mm, 7.62-mm, and 12.7-mm caliber rounds with Orbital ATK.
Over the last few years, small-caliber ammunition has been adopted in a wide variety of military, defense, and law enforcement applications across the world. Thus, defense modernization programs are likely to boost the demand for small-caliber ammunition. This, in turn, is expected to fuel the global small-caliber ammunition market during the forecast period.
๐ ๐ถ๐น๐ถ๐๐ฎ๐ฟ๐ ๐๐ผ ๐๐ฐ๐ฐ๐ผ๐๐ป๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฆ๐ต๐ฎ๐ฟ๐ฒ ๐ผ๐ณ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The report offers detailed segmentation of the global small-caliber ammunition market: in terms of type (full metal jacket ammunition, tracer ammunition, incendiary ammunition, armor piercing ammunition, and others), caliber (below 7 mm, 7-9 mm, 9-12 mm, and 12-14 mm), and end-use industry (commercial, military, and law enforcement). The global market has also been segmented based on region (North America, Europe, Asia Pacific, South America, and Middle East & Africa).
Among the calibers, the 7-9 mm segment accounted for a leading share of the global small-caliber ammunition market in 2018. The segment is anticipated to maintain its dominance during the forecast period as well.
Military is a highly attractive segment of the global small-caliber ammunition market. It is the largest segment in terms of market size. It is anticipated to expand at the most rapid rate during the forecast period. Additionally, rise in the procurement of small-caliber ammunition by armed forces, border security forces, and local enforcement agencies to combat terrorism, territorial conflicts, and geopolitical tensions is anticipated to drive the military segment in the small-caliber ammunition market in the next few years.
๐๐๐ถ๐ฎ ๐ฃ๐ฎ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฎ ๐๐ถ๐ด๐ต๐น๐ ๐๐๐ฐ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป
North America is expected to hold the maximum share of the global small-caliber ammunition market during the forecast period, owing to the early adoption of small-caliber ammunition in the region. Asia Pacific and Europe hold a considerable market share each. On the other hand, these regions are projected to provide highly lucrative opportunities to the small-caliber ammunition market during the forecast period.
China dominated the small-caliber ammunition market in Asia Pacific in 2018. The market in the country is expected to expand at a prominent CAGR from 2019 to 2027. The overall outlook for the small-caliber ammunition market in Asia Pacific appears positive.
Different government organizations across Asia Pacific are increasing their military spending in order to improve the security of their respective countries. This, in turn, is expected to boost the small-caliber ammunition market in the region in the next few years.
Current political tensions between different countries in Asia Pacific, such as China, India, South Korea, North Korea, and Pakistan, and shortage of small-caliber ammunition, are some of the major drivers likely to propel the small-caliber ammunition market during the forecast period.
๐๐๐ ๐๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ | ๐๐บ๐บ๐ฒ๐ฑ๐ถ๐ฎ๐๐ฒ ๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐ - https://www.transparencymarketresearch.com/checkout.php?rep_id=72486<ype=S
๐๐ถ๐ด๐ต ๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐๐ & ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐ ๐ผ๐ณ ๐ก๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ฏ๐ ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐๐ผ ๐๐ผ๐ผ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The report provides the profiles of leading players operating in the global small-caliber ammunition market. These are Companhia Brasileira de Cartuchos, Fiocchi Munizioni, General Dynamics Corporation, Hornady Manufacturing Company, Inc., Nammo AS, Nexter Systems, Northrop Grumman Corporation, Rheinmetall AG, Prvi Partizan A.D., RUAG Group, and BAE Systems.
๐๐ป ๐๐๐ป๐ฒ ๐ฎ๐ฌ๐ญ๐ด, BAE Systems announced the spending of US$ 13.3 Mn to establish a new production line for 12.7-mm ammunition at the U.K.-based defense contractor's Radway Green facility in Crewe, the U.K. This strategic move may lead to further technological advancements in the global small-caliber ammunition market, giving the company an edge over its competitors in terms of product innovation and unique product line.
๐๐ป ๐๐ฝ๐ฟ๐ถ๐น ๐ฎ๐ฌ๐ญ๐ต, Northrop Grumman Corporation announced that one of its subsidiaries called Alliant Techsystems Operations LLC had received orders for small-caliber ammunition worth US$ 194.0 Mn from the U.S. Army. As per this strategic contract, the company would be delivering 5.56-mm, 7.62-mm, and Cal.-50 cartridges to the U.S. Army.
๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป
๐ง๐ต๐ฒ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐ฎ๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ต๐ฎ๐ ๐ฏ๐ฒ๐ฒ๐ป ๐๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฒ๐ฑ ๐ฎ๐ ๐ณ๐ผ๐น๐น๐ผ๐๐:
๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ง๐๐ฝ๐ฒ
๐๐๐น๐น ๐ ๐ฒ๐๐ฎ๐น ๐๐ฎ๐ฐ๐ธ๐ฒ๐ (๐๐ ๐) ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป
Tracer Ammunition
Incendiary Ammunition
Armor Piercing Ammunition
Others
๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ
Below 7 mm
7-9 mm
9-12 mm
12-14 mm
๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ป๐ฑ-๐๐๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐
Commercial
Military
Law Enforcement
๐ฆ๐บ๐ฎ๐น๐น-๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฒ๐ฟ ๐๐บ๐บ๐๐ป๐ถ๐๐ถ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป
๐ก๐ผ๐ฟ๐๐ต ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ
U.S.
Canada
Rest of North America
๐๐๐ฟ๐ผ๐ฝ๐ฒ
Germany
France
U.K.
Russia
Rest of Europe
๐๐๐ถ๐ฎ ๐ฃ๐ฎ๐ฐ๐ถ๐ณ๐ถ๐ฐ
China
Japan
India
Australia
Rest of Asia Pacific
๐ ๐ถ๐ฑ๐ฑ๐น๐ฒ ๐๐ฎ๐๐ & ๐๐ณ๐ฟ๐ถ๐ฐ๐ฎ
GCC
South Africa
Rest of Middle East & Africa
๐ฆ๐ผ๐๐๐ต ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ
Brazil
Rest of South America
๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต -
๐๐ถ๐๐๐ผ๐น๐๐ฒ๐ฑ ๐๐ฎ๐ ๐๐ป๐ฎ๐น๐๐๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐:- https://www.globenewswire.com/news-release/2022/11/16/2557481/0/en/Dissolved-Gas-Analyzer-Market-Estimated-to-Surpass-Value-of-US-595-Million-by-2031-TMR-Study.html
๐ง๐ต๐ถ๐ป ๐ช๐ฎ๐ณ๐ฒ๐ฟ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐:- https://www.globenewswire.com/news-release/2022/11/17/2558203/0/en/thin-wafer-market-size-to-surpass-us-7-billion-by-2031-transparency-market-research-inc.html
๐๐ฏ๐ผ๐๐ ๐จ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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