The Business Research Company’s Small Caliber Ammunition Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Small Caliber Ammunition Global Market Report 2023 evaluates small caliber ammunition market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global small caliber ammunition market is expected to grow from $9.59 billion in 2022 to $9.9 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The small caliber ammunition market is expected to reach $11.32 billion in 2027 at a CAGR of 3.5%.
Rising military spending is expected to propel the growth of the small-caliber ammunition market going forward. Military expenditure is the sum of money a country spends to build and sustain its armed forces or other defense-related strategies. The military’s expenditure on small-caliber ammunition guarantees that the armed forces have access to ammunition that can engage targets precisely, effectively, and with enough firepower, which enhances soldiers’ efficiency on the battlefield. For instance, in June 2022, according to the Office of the Parliamentary Budget Officer, a Canada-based intergovernmental organization, total military spending is expected to increase from $36.3 billion in 2022–2023 to $51.0 billion in 2026–2027. Therefore, rising military spending drives the growth of the small-caliber ammunition market.
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The Small Caliber Ammunition Market Segments In The Report Are:
Small Caliber Ammunition By Caliber:
5.56 MM
7.62 MM
0.50 BGM
9 MM
Other Calibers
Small Caliber Ammunition By Bullet Type:
Lead
Copper
Brass
Other Bullet Types
Small Caliber Ammunition By Gun Type:
Pistols
Rifles
Shot Guns
Small Caliber Ammunition By End-User:
Military
Homeland Security
Law Enforcement Agencies
Top Key Players:
General Dynamics Corporation
Northrop Grumman Corporation
BAE Systems PLC
Olin Corporation
Elbit Systems Ltd.
The table of contents in TBRC’s small caliber ammunition market report includes:
1. Executive Summary
2. Small Caliber Ammunition Market Characteristics
3. Small Caliber Ammunition Market Trends And Strategies
4. Small Caliber Ammunition Market – Macro Economic Scenario
5. Global Small Caliber Ammunition Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
…..
32. Global Small Caliber Ammunition Market Competitive Benchmarking
33. Global Small Caliber Ammunition Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Small Caliber Ammunition Market
35. Small Caliber Ammunition Market Future Outlook and Potential Analysis
36. Appendix
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