Global Small Caliber Ammunition Market Report 2016
- Id : RNR-53913
- Category : Defence Aeronautics
- Publish Date : 2016
- Pages : 0
- Format : PDF
Global small caliber ammunition is a billion dollar industry which is expected to reach $4.05 Billion in 2022. The key drivers for this market include increase in defense spending for military modernization programs in developing economies, high rate of participation in hunting & sport activities, growing number of female shooters and rise in demand from private end-users for personal security. High demand for small arms ammunition in emerging countries (such as Asia-Pacific, Middle East and Africa) are likely to create big opportunities for small caliber ammunition players across different sectors, including hunting, shooting, and sports; civilian use; law enforcement and military. Heightened civil conflicts and rise in terrorist activities across the world have further increased the business prospects for the ammunition industry. Major calibers that are expected to observe high demand over the forecast period include 5.56mm caliber, 7.62mm caliber and 9mm caliber. The driver for this growth is anticipated to be military and law enforcement agencies which are increasingly adopting 9mm rounds across developed as well as emerging economies. 5.56 mm calibers are anticipated to lead the small caliber market in terms of value. Major small firearms that find extensive use in small caliber ammunition industry include handguns which cover both pistols and revolvers; rifles, shotguns and other miscellaneous firearms such as pistol grip firearms, starter guns, and firearm frames and receivers. The high demand for handguns is driven by rising security concerns among private and commercial users on account of growing civil conflicts. Law enforcement agencies are also increasingly adopting new age handguns which are easy to conceal carry and designed according to local laws and requirements. Rifles, particularly assault rifles, are anticipated to witness a high demand from armed forces, especially from emerging nations in Asia-Pacific region which are increasingly investing in troops training and modernization programs. Globally, some of the major applications in which small caliber ammunition find maximum usage include civilian (self-defense); military/armed forces; homeland security/law enforcement and government agencies; hunting, shooting & sports activities. Hunting, shooting and sports is an important market segment in industrialized nations like North America (the U.S. and Canada) and Europe (the U.K., Germany, Switzerland, Russia and others major countries in Europe). Simultaneously, a new market in form of civilian (self-defense) is emerging for players in small ammo business on account of rising security concerns among people amid growing civil unrest and terrorist attacks. The North America region is the largest market for ammunition manufacturers and is expected to remain so over the forecast period. Although, leading small arms ammo producers in the North America region are witnessing a slow growth in defense/military, considered as critical sector for generating large portion of revenues, demand is expected to pick pace in civilian and commercial markets. At the same time, Asia-Pacific, Middle East and Africa are emerging as regions with major growth potential for small caliber ammunition producers. The ammunition market growth in emerging regions will be driven by increase in defense/military procurements as well as growing personal security concerns among civilians. Small caliber ammunitions are principally cartridge-based ammunitions. Other types of ammunitions are non-cartridge based which are used in various light weapons. Small caliber ammunitions are also alternatively referred to as small arms ammunition, used in a variety of firearms including handguns (pistols and revolvers), rifles, shotguns and other heavy automatic weapons like machine guns. The key factors that will drive the small caliber ammunition market over the forecast period include an increase in defense spending for military modernization programs in developing economies, high rate of participation in hunting & sport activities, growing number of female shooters and rise in demand from private end-users for personal security. The report tries to focus on other important aspects of the market such as the restraints that can possibly slow down the market growth, key industry challenges and the current growth opportunities that are going to shape the market. Moreover, the report also analyses the key trends in the market, key emerging technologies influencing the growth of the market, major military programs and the demand & supply side factors impacting the market. A separate section is provided in the report focusing on political, economic, social, technological, legal and environmental factors which can impact the industry in the future. The report classifies the small caliber ammunition market into four broad categories, namely caliber type (.22LR, .338Cal, 5.56mm caliber, 7.62mm caliber, 9mm caliber, 12.7mm caliber, 12Gauge (Shotgun Shells) and others. The second category covers market by gun type which includes handguns (pistols and revolvers), rifles, shotguns and other miscellaneous firearms. The third category includes different applications in which small caliber ammunition find extensive usage. The application segment covers civilian market (self-defense), military/armed forces, homeland security/law enforcement/government agencies and hunting & shooting. The last category in the report covers geography which include North America (The U.S. and Canada, Rest of North America), Europe (Germany, The U.K., France, Italy, Russia and Rest of Europe), Asia-Pacific (China, South Korea, Japan, India and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina and Others), Middle East (Turkey, Israel and Others) and Africa (South Africa and Others). The answers to the following key questions can be found in the report by its readers: • What is the size (value and volume) of global small caliber ammunition market? • What is the value of global small caliber ammunition market by caliber type, gun type, geography, end-user applications? • What are the key drivers, challenges, restraints and opportunities in small caliber ammunition industry? • What is the impact of major political, economic, social, technological, legal and environmental factors on the global small caliber ammunition industry? • What are the important military programs and emerging technologies in the small caliber ammunition market? • Who are the leading regional players in the small caliber ammunition industry? • What is the value of small caliber ammunition industry in major countries of different regions? What is the market value of end-user applications in major countries of different regions? • What is the export data for cartridges, shotgun and various parts in leading countries across major geographic regions? • What are the different types of caliber, guns used in small caliber ammunition market? • Who are the leading global players in the small caliber business, company overview, business segments, products & services, growth strategy and key market developments?