Ammunition Industry | Forecast 2030
Ammunition Industry Data Book – Small Caliber Ammunition, Medium Caliber Ammunition and Large Caliber Ammunition Market
Grand View Research’s ammunition industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
Ammunition Industry Data Book Coverage Snapshot
Markets Covered
- Ammunition Industry USD 22.96 billion in 2022, 3.1% CAGR (2023-2030)
- Small Caliber Ammunition Market Size USD 11.93 billion in 2022, 3.7% CAGR (2023-2030)
- Large Caliber Ammunition Market Size USD 5.12 billion in 2022, 1.9% CAGR (2023-2030)
- Medium Caliber Ammunition Market Size USD 3.56 billion in 2022, 2.9% CAGR (2023-2030)
- Custom U.S. Small Caliber Ammunition Management Market Size USD 4.81 billion in 2022, 3.3% CAGR (2023-2030)
Access the Global Ammunition Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Small Caliber Ammunition Market Growth & Trends
The global small caliber ammunition market size is expected to reach USD 11.30 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of – 0.7% from 2022 to 2030. This growth can be attributed to rising defense expenditure by countries across the world. In addition, a rise in hunting and sporting activities is expected to aid the industry growth.
The components for small caliber ammunition include cartridge casing, propellant, bullet lead, bullet penetrator, primer, and primer. The raw material suppliers provide customer-specific customized solutions. Furthermore, factors influencing value addition in this stage include price, availability of materials, cost position, quality, delivery timelines, and product innovation.
The small caliber ammunition industry is witnessing a huge rise in stockpiling trends owing to the emergence of warlike situations across the globe, driven by rising geopolitical tension and terrorist activities in several economies. The stockpiling strategy primarily offers significant cost savings as it can be purchased in high volume at cheap prices. This is, in turn, providing growth opportunities to the industry players.
Order your copy of the Free Sample of “Ammunition Industry Data Book – Small Caliber Ammunition, Medium Caliber Ammunition and Large Caliber Ammunition Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research
Medium Caliber Ammunition Market Growth & Trends
In the recent past, the prospects of interstate conflicts have reached their peak after the end of the Cold War. Also, weak leadership in international diplomacy coupled with rising geopolitical tensions have contributed to the sustained risk of armed conflict in recent years. Moreover, the growing rate of polarization over economic, political, and social issues in mature economies coupled with division in western countries in the face of complex risks and threats, is further projected to deteriorate global security and lead to strategic uncertainty.
The Asia Pacific region has witnessed an unprecedented surge in the defense spending over the past decade. Rising geopolitical tension and border disputes between the regional powers have been the primary driving factor boosting the defense spending in the region. Additionally, the growing threat from terrorist activities and separatist insurgency has had a major influence on increasing defense spending in the region. This in turn is expected to positively influence the market for medium caliber ammunition over the forecast period.
Go through the table of content of Ammunition Industry Data Book to get a better understanding of the Coverage & Scope of the study
Competitive Insights
Key companies, such as General Dynamic Corporation, Northrop Grumman, and BAE Systems, generate majority of their revenues through military and government channels. Their primary customers include the U.S. Department of Defense and intelligence community. Moreover, they also deliver products to the U.S. government customers including the Department of Homeland Security.
These players also conduct business with government customers across the globe with primary subsidiary operations in Canada, Mexico, Brazil, France, Germany, Italy, Mexico, Spain, the UK, Switzerland, and Australia.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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