Market Overview

Global Small Caliber Ammunition Market: Focus on Caliber Type, Gun Type, and Applications - Analysis and Forecast, 2018-2023

Share:

Dublin, Jan. 17, 2019 (GLOBE NEWSWIRE) -- The "Global Small Caliber Ammunition Market: Focus on Caliber Type, Gun Type, and Applications - Analysis and Forecast, 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The global small caliber ammunition market generated $7.37 billion in 2018 and is estimated to grow at a CAGR of 3.19% during the forecast period 2018-2023.

With the U.S. acquiring the most significant market share, globally, North America dominated the global small caliber ammunition market in 2017. However, Asia-Pacific is expected to have the highest growth rate during the forecast period 2018-2023.

The small caliber ammunition industry, in recent years, has seen manufacturers developing ammunition of different calibers for both commercial and military applications. Of late, with the growing interests of people in activities such as hunting and shooting along with the rising concern for personal defense, the small caliber ammunition industry has been observing a robust growth.

For instance, trends such as trophy hunting or target shooting have become popular in major countries around the world. Target shooting (such as skeet shooting, trap shooting, and sporting clays), in particular, is being increasingly practiced by both sportsmen and youngsters alike. Adding to this, there is an increase in the demand for handguns and ammunition for self-defense owing to the increasing crime rates and growing fear due to the influx of refugees in various nations across the globe.

There have been increments made in the overall defense spending of various countries all over the world. The growing defense budget of the different countries is playing a major part in the defense modernization program adopted for strengthening the nation's military forces.

The U.S. Department of Defense (DoD) has the highest defense budget of $611 billion for FY 2017 that includes army, navy, and air force defense budgets for a wide-range of ammunition. Asia-Pacific is one of the emerging regions that is continuously increasing expenditure on defense in order to develop the military power. This has increased the overall imports of arms and ammunition by a number of emerging countries in the Asia-Pacific region.

Furthermore, China had the second largest defense budget after the U.S. for FY 2017. The growing demand for small firearms ammunition in emerging countries (such as Asia-Pacific, Middle East, and Africa) is likely to increase opportunities for small caliber ammunition players across different sectors, including civilian, law enforcement, hunting & sports, and military. The rapid increase in civilian conflicts and terrorist clutter across the world has further increased the business prospects for the ammunition industry.

The key players actively participating in the global small caliber ammunition market are Northrop Grumman, Nammo AS, BAE Systems, General Dynamics Ordnance and Tactical Systems, Singapore Technologies Engineering Ltd, Poongsan Corporation, Denel SOC Ltd (Denel PMP), and Global Ordnance, among others.

Key Topics Covered:

Executive Summary

1 Market Dynamics
1.1 Overview
1.1.1 Market Drivers
1.1.2 Market Restraints
1.1.3 Market Opportunities

2 Competitive Insights
2.1 Overview
2.2 Competitor Mapping
2.3 Key Strategies and Developments
2.3.1 Product Launches
2.3.2 Partnerships, Agreements, and Contracts
2.3.3 Mergers & Acquisitions
2.3.4 Others
2.4 Market Share Analysis

3 Industrial Analysis
3.1 Supply Chain Analysis
3.1.1 Illustrating Supply Chain Analysis
3.2 PESTLE Analysis
3.2.1 Illustrating PESTLE Analysis
3.3 Market Trends
3.4 Advancement in Technologies
3.5 Porter's Five Forces Analysis

4 Global Small Caliber Ammunition Market, 2018-2023
4.1 Assumptions and Limitations
4.2 Market Overview

5 Global Small Caliber Ammunition Market (by Caliber Type)
5.1 Introduction
5.2 Market Segmentation
5.2.1 .22LR Caliber Ammunition Market
5.2.2 .308 Caliber Ammunition Market
5.2.3 5.56 mm Caliber Ammunition Market
5.2.4 7.62 mm Caliber Ammunition Market
5.2.5 9mm Caliber Ammunition Market
5.2.6 .223 Rem Caliber Ammunition Market
5.2.7 12.7 mm Caliber Ammunition Market
5.2.8 12 Gauge (Shotguns Shells) Ammunition Market
5.2.9 Other Calibers Ammunition Market

6 Global Small Caliber Ammunition Market (by Gun Type)
6.1 Introduction
6.2 Market Segmentation
6.2.1 Handguns Market
6.2.2 Rifles Market
6.2.3 Shotguns Market
6.2.4 Other Arms Market

7 Global Small Caliber Ammunition Market (by Application)
7.1 Introduction
7.2 Market Segmentation
7.2.1 Civilian (Self-Defense) Market
7.2.2 Military/Armed Forces Market
7.2.3 Homeland Security/Law Enforcement/Government Agencies Market
7.2.4 Hunting & Sports Market

8 Global Small Caliber Ammunition Market (by Region)
8.1 Introduction
8.2 Geographical Market Scenario
8.3 Global Small Caliber Ammunition Market (by Application)
8.4 Global Small Caliber Ammunition Market (by Value)
8.5 North America: Small Caliber Ammunition Market
8.6 Europe: Small Caliber Ammunition Market
8.7 Asia-Pacific (APAC): Small Caliber Ammunition Market
8.8 Middle East: Small Caliber Ammunition Market
8.9 Latin America: Small Caliber Ammunition Market
8.10 Africa: Small Caliber Ammunition Market

9 Company Profiles

  • Australian Munitions
  • BAE Systems
  • CBC
  • Denel SOC Ltd
  • FN HERSTAL
  • General Dynamics Ordnance and Tactical Systems, Inc.
  • Global Ordnance
  • Hornady
  • IMI Systems Ltd.
  • Liberty Ammunition Inc.
  • MEN - Metallwerk Elisenhuette GmbH
  • Nammo AS
  • Northrop Grumman Corporation
  • Olin Corporation (Winchester Ammunition)
  • Poongsan Corporation
  • RUAG Group (RUAG Ammotec AG)
  • Remington Outdoor Company
  • Rosoboronexport
  • Sellier & Bellot
  • Singapore Technologies Engineering Ltd
  • Vista Outdoor Operations LLC

For more information about this report visit https://www.researchandmarkets.com/research/qtlnmp/global_small?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900
Related Topics: Ammunition 

22157.jpg

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com