Small Caliber Ammunition Market Share and Business Opportunities 2031
Small Caliber Ammunition Market: Strategic Insights
Small Caliber Ammunition Market
-
CAGR (2023 - 2031)8.7% -
Market Size 2023
US$ 6.76 Billion -
Market Size 2031
US$ 13.19 Billion
Market Dynamics
GROWTH DRIVERS
- Rising investments by homeland security and law enforcement departments for procurement of small caliber ammunition
- Need of modernizing military operations with rapid changes in warfare
FUTURE TRENDS
- Adoption of new squad automatic rifle by military forces
OPPORTUNITIES
- Surge in Demand for Small Arms Ammunition in Developing Countries
Key Players
- BAE Systems
- CBC Global Ammunition
- Denel Pretoria Metal Pressing
- Elbit Systems Ltd
- FN Herstel
- General Dynamics OTS
- Nammo AS
- Northrop Grumman Corporation
- Remington Arms Company LLC
- Winchester Ammunition
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Ammunition Size
- 5.56mm
- 7.62mm
- 9mm
- 12.7mm
- 14.5mm
- 45ACP
- .338mm
- .22LR
- 223 REM
- .308 Winchester
End User
- Military
- Homeland Security
- Law Enforcement Agencies
Gun Type
- Pistols
- Rifles
- Shot Guns