Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Small and Medium Caliber Ammunition Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Small and
Medium Caliber Ammunition Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Small and Medium Caliber Ammunition Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Small
and Medium Caliber Ammunition Market is offered. In accordance with the report, the global
Small and Medium Caliber Ammunition Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Materials
fired are termed as ammunition which includes warheads and bullets. A specific
nominal internal diameter with regard to the gum barrel is termed as the
Caliber. A caliber is measured in terms of millimeters or inches. Small and
medium caliber ammunition products are related in terms of defense that aid in
national security, border surveillance, and combat operations.
Market Drivers
The
soaring expenditure of the governments of various nations in the defense sector
to strengthen its position coupled with the surging budget provisioning for
defense is providing the initial impetus to this market.
The rising
border tensions and wars in international and intranational levels is
influencing the countries to build up its armed forces. The surging cases of
terrorism especially in the Asia Pacific region is charging the growth of this
market. For Example, current geopolitical war in between India and China which
is going hand-in-hand with the terrorist attacks from Pakistan to India is
fueling India to build up a strong military base for national safety.
The
inclination towards the modernization of aging military equipment and replacing
them with more advanced equipment is also bolstering the growth of the small
and medium caliber ammunition market. The indulgence in research and
development activities for upgradation in surveillance capabilities is a
determining factor.
The
race for developing armed force and the structural establishment of defense in
which various nations are increasingly participating and the competition that
nations are acknowledging to gain reputation in the development of the defense
sector is augmenting the growth of the small and medium caliber ammunition
market.
The
drive for law enforcement in every parts around the globe and the growth in
hunting and sports activities are other factors positively influencing this
market.
Market Restraints
The
hard and fast directives of the government that are aimed at the regulation of
small and medium caliber ammunition is disrupting the growth of this market.
The political, legal and economic regulations that warfare and war equipment
have to face is severely straining the growth of this market. Further, policies
that has to be followed for the production, possession and transfer of such
activities is also hampering this market.
Rising
environmental concern is also hindering this market. The defense equipment has
to be field tested before implementing them for the actual purpose. This
severely damages the environment and restrains the growth of this market.
Opportunities
The
upsurging failure in obeying law and order and the repetitive incidences of terrorist
activities, war tensions especially in the Asia Pacific region and structural
development of the defense sector are lucrative opportunities to start
operation in this market.
Growing
health consciousness among individuals and their increasing rate of
participation in the sports activities around the globe is expected to provide
good scope for this market.
Upgradation
and modernization programs that are aimed at developing ammunition equipment
which is lightweight but does not compromise on performance is likely to
provide a bankable opportunity for the small and medium caliber ammunition
market.
Trends
Asia
Pacific region is projected to be the fastest growing region in the forecast
period owing to the presence of India and China. The border disputes in these
regions and the upsurge in regional combat operations in this region is a major
factor behind the such growth prospects of this region. The Middle East and
African region is also estimated to witness growth in the small and medium
caliber ammunition market due to the increasing imports of ammunition. The
presence of Saudi Arabia that holds 29% of global ammunition imports is another
factor behind the market growth of this region. The Government procurement of
arms in this region is another factor. Globally, the small and medium caliber
ammunition market is expected to grow at a CAGR of 4.2%.
Segment Covered:
This market
intelligence report on the global Small and Medium Caliber Ammunition Market encompasses market segments based on caliber, application
and country.
By Caliber the
global Small and Medium Caliber Ammunition Market has been divided into:
q Medium
o 40mm
o 30mm
o 25mm
o 20mm
q Small
o 14.5mm
o .338
Norma Magnum
o 338
Lapua Magnum
o 12.7mm
o 7.62mm
o 5.56mm
o 9mm
o Others
By Application the global Small and Medium
Caliber Ammunition Market has been divided into:
q Defence
o Homeland
Security
o Military
q Civil
and Commercial
o Self-Defence
o Hunting
o Sporting
o Others
By country/region,
the global Small and Medium Caliber Ammunition Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Nammo AS
q Northrop Grumman Corporation
q Hornady Manufacturing Company
q General Dynamics Corporation
q FN Herstal
q MESKO S.A.
q BAE Systems, Inc
q The Tula Cartridge Works
q ST Engineering
q Denel SOC Ltd
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Small and Medium Caliber Ammunition Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
Northrop Grumman Corporation
In June 2018,
Orbital ATK Inc was acquired by Northrop Grumman Corporation aimed at
strengthening the position of Northrop Grumman Corporation in the defense
sector. The former is a global leader in defense and aerospace technologies.
Nammo AS
In January 2018,
MAC LLC was acquired by Nammo AS. The former being a producer of feathery
polymer cartridge covers for small and medium caliber ammunition.
Hornady Manufacturing Company
In May 2018, 224
Vilkyrie with brand-new 88gr ELD Match Bullet was announced by Hornady
Manufacturing Company.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Small and
Medium Caliber Ammunition Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Small and Medium Caliber Ammunition Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Small and Medium Caliber Ammunition caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Small
and Medium Caliber Ammunition Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Small and Medium Caliber Ammunition Market
v
Identification
of key factors driving investment opportunities in the Small and
Medium Caliber Ammunition Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects