Small and Medium Caliber Ammunition Market Size, Share, Growth, Key Players and Forecast 2021-2026

According to the latest report by IMARC Group, titled “Small and Medium Caliber Ammunition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global small and medium caliber ammunition market grew at a CAGR of around 4% during 2015-2020. Ammunition refers to the propelling charges and projectiles fired from guns, small arms, and artillery. It includes various expendable weapons, such as bombs, land mines, missiles, grenades, and materials fired from these weapons, including warheads and bullets. Caliber is the internal diameter (bore) of a gun barrel. Small caliber ammunition refers to projectiles that are less than 20mm in diameter, whereas medium caliber ammunition stands for the ones between 20mm and 40mm in diameter.

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Market Trends:

The rising incidences of geopolitical conflicts and growing territorial conflicts are primarily driving the market for small and medium caliber ammunition. Various government bodies are expanding their defense budget and are heavily investing in the replacement of traditional arsenal with the latest weapons that include modern and advanced technologies. Furthermore, there has been significant growth in demand for small-caliber ammunition for mild sports shooting with rifles and pistols. Additionally, the increasing focus on shooting as a sports activity and the rising number of shooting competitions are expected to augment the global market for small and medium caliber ammunition in the coming years. Looking forward, IMARC Group expects the global small and medium caliber ammunition market to exhibit moderate growth during the next five years.

Market Analysis and Segmentation:

Breakup by Product:

  • 62 x 39 mm
  • 62 x 54 mm
  • 30 x 165 mm
  • 23 x 115 mm
  • 23 x 152 mm
  • 7 x 108 mm
  • 5 x 114 mm
  • Others

Breakup by Technology:

  • Guided
  • Unguided

Breakup by Application:

  • Non-Lethal
  • Lethal

Breakup by End Use:

  • Military
  • Law Enforcement
  • Others

Competitive Landscape with key players:

  • ARSENAL JSCo
  • BAE Systems, Inc.
  • Denel SOC Ltd
  • FN Herstal (Herstal Group)
  • General Dynamics Ordnance and Tactical Systems (General Dynamics Corporation)
  • Rosoboronexport
  • MAXAMCorp Holding, S.L.
  • MESKO S.A.
  • Nammo AS
  • Nexter KNDS Group
  • Northrop Grumman Corporation
  • Poongsan Corporation
  • Rheinmetall Defense
  • RUAG Group
  • ST Engineering (Temasek Holdings Limited)

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Elena Anderson

9+ years in chemical & material has made Elena more or less an expert in everything related to medicines, drugs, chemicals and related sectors – at least from the PR front. Through his insider access to the sector, he has gained valuable insight into the entire manufacturing process of chemical and material.
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