Worldwide Small and Medium Caliber Ammunition Industry to 2026 - Featuring BAE Systems, Nammo and RUAG Among Others - ResearchAndMarkets.com
The "Small and Medium Caliber Ammunition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global small and medium caliber ammunition market grew at a CAGR of around 4% during 2015-2020. Looking forward, the publisher expects the market to exhibit moderate growth during 2021-2026.
Companies Mentioned
- ARSENAL JSCo
- BAE Systems Inc.
- Denel SOC Ltd
- FN Herstal (Herstal Group)
- General Dynamics Ordnance
- Tactical Systems (General Dynamics Corporation)
- Rosoboronexport
- MAXAMCorp Holding
- MESKO S.A.
- Nammo AS
- Nexter KNDS Group
- Northrop Grumman Corporation
- Poongsan Corporation
- Rheinmetall Defense
- RUAG Group
- ST Engineering (Temasek Holdings Limited)
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Ammunition refers to the projectiles and propelling charges that ignite the propellant in small arms, guns and artillery. These include various expendable weapons, such as missiles, bombs, grenades and land mines as well as the materials that are fired or detonated from these weapons, including bullets and warheads. The internal diameter (bore) of a gun barrel is known as a caliber. Generally, the projectiles that are less than 20 mm in diameter are referred to as small caliber ammunition, whereas the ones with between 20mm to 40mm diameter are known as medium caliber.
The market is primarily driven by the increasing incidences of geopolitical tensions, territorial conflicts and terrorism across the globe. This has impelled the governments to increase their defense budgets and heavily invest in the replacement of traditional arsenal with modern and latest weapons with advanced technologies. Along with this, the rising utilization of medium caliber ammunitions due to their compatibility with the AK- rifle series, coupled with their affordability and easy availability, is also acting as a major growth-growth inducing factor.
Moreover, there has been a considerable rise in the demand for small caliber ammunition for mild sports shooting activities using pistols and rifles. Growing focus on shooting as a major sports activity and the increase in the number of shooting competitions being held across the globe are expected to provide an impetus to the market growth. The market is further driven by the development of lightweight bullets that widely use polymer casing in their production, which are gaining widespread prominence among end users due to the enhanced convenience offered by their usage
Key Questions Answered in This Report:
- How has the global small and medium caliber ammunition market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global small and medium caliber ammunition market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global small and medium caliber ammunition market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Small and Medium Caliber Ammunition Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
7 Market Breakup by Technology
8 Market Breakup by Application
9 Market Breakup by End Use
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/nlfg84
View source version on businesswire.com: https://www.businesswire.com/news/home/20220315006088/en/