Global Small and Medium Caliber Ammunition Market to Grow at 3.69% During 2024-2032, Impelled by Increasing Military Expenditures

April 22, 2021 | Aerospace and Defense

According to the latest report by IMARC Group, titled "Small and Medium Caliber Ammunition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the global small and medium caliber ammunition market is expected to grow at a CAGR of 3.69% during 2024-2032. Ammunitions are the projectiles and propelling charges that are widely used in small arms, artillery, and other guns. They assist in igniting the propellant in expendable weapons and provide point- and area-target engagement with the help of handheld and crew-served weapons. The ammunition size is commonly expressed in terms of caliber, which is referred to as the diameter of the projectile as measured in inches or millimeters. Projectiles that are below than 20 mm in diameter are generally categorized as small caliber ammunition, whereas the ones with between 20mm to 40mm diameter are known as medium caliber.


Global Small and Medium Caliber Ammunition Market Trends:

The global market is majorly driven by the increasing military expenditure of various countries. Due to the escalating geopolitical tensions and rising incidences of terrorism and territorial conflicts across the globe, governments of numerous countries are increasing their defense budgets to heavily invest in modern weapons equipped with advanced technologies. Apart from this, there has been a rising demand for small caliber ammunition for mild sports shooting activities that require pistols and rifles. A considerable increase in the number of shooting competitions being held across the globe and the growing preference for shooting as a major sports activity are creating a positive outlook for the market. The market is further driven by the widespread preference for AK-rifle series that utilizes medium caliber ammunitions due to their affordable nature, high availability and enhanced convenience associated with their usage. Moreover, lightweight small and medium caliber ammunitions are gaining widespread prominence among end users, thereby providing an impetus to the market growth.


Market Summary:

  • On the basis of the product, the market has been divided into 7.62 x 39 mm, 7.62 x 54 mm, 30 x 165 mm, 23 x 115 mm, 23 x 152 mm, 12.7 x 108 mm, 14.5 x 114 mm and others.
  • Based on the technology, the market has been bifurcated into guided and unguided.
  • On the basis of the application, the market has been classified into non-lethal and lethal.
  • Based on the end use, the market has been segmented into military, law enforcement and others.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include 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 and ST Engineering (Temasek Holdings Limited).

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Technology, Application, End Use, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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 and ST Engineering (Temasek Holdings Limited)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

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.

Contact Us:

IMARC Group

USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Small and Medium Caliber Ammunition Market to Grow at 3.69% During 2024-2032, Impelled by Increasing Military Expenditures
Purchase Options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More
Gulf Excellent Group

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Read More
FS Corporation Inc.

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

Read More
Egyptian Industrial Investment Group

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

Read More
Vishnu Chemicals

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

Read More
MOUNT EVEREST BREWERIES LIMITED

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

Read More
Borges Branded Foods

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

Read More
Godrej Consumer Products Limited

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

Read More
ADC Therapeutics

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

Read More
Ivanti

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

Read More
Asiatic Electrical & Switchgear P. Ltd.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Read More
Denka Co., Ltd.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

Read More