Global Small Caliber Ammunition Market Insights Forecasts to 2030

• The Global Small Caliber Ammunition Market was valued at USD 12.35 Billion in 2021.
• The market is growing at a CAGR of 0.5% from 2021 to 2030
• The Global Small Caliber Ammunition Market is expected to reach USD 12.91 Billion by 2030
• The Europe is expected to grow the fastest during the forecast period

The Global Small Caliber Ammunition Market is expected to reach USD 12.91 Billion by 2030, at a CAGR of 0.5% during the forecast period 2022 to 2030. The Small Caliber Ammunition market is anticipated to be driven by rising global hunting and sporting activities and rising military spending. Most nations have started expanding their military capabilities to combat terrorism and protect their borders from escalating geopolitical rivalry. Additionally, several nations are concentrating on strengthening their law enforcement organizations to manage domestic problems. These tendencies are anticipated to fuel the demand for weapons and ammunition, supporting the Small Caliber Ammunition market's expansion.

Market Overview

Ammunition is anything that is put inside a firearm to hit a target. Bullets, artillery shells, aerial bombs, and mortars are a few types of ammo. The 9mm cartridge's cutting-edge technology and adaptable performance are helping it gain appeal. The 9mm pistol's lower recoil makes it possible to acquire targets more quickly, which facilitates more swift and precise follow-ups. Additionally, the US army has created cutting-edge sniper bullets that use laser guidance to help the forces locate the target in challenging circumstances like abrasive and windy weather. Since ammunition is a crucial part of the infantry's combat equipment, the need for it won't be greatly impacted. The industry is anticipated to increase as a result of the rising worries about personal safety. Nowadays, people utilise shotguns, handguns, and rifles with various calibres of ammunition for personal defense. During the anticipated period, the Small Caliber Ammunition market would expand faster due to the rising number of shooting ranges. The use of firearms is subject to stringent restrictions and regulations, which restrain market expansion. The Small Caliber Ammunition market is anticipated to increase due to the rising worries about personal safety. Nowadays, people utilise shotguns, handguns, and rifles with various calibres of ammunition for personal defence. During the anticipated period, the market would expand at a faster rate due to the rising number of shooting ranges. The use of firearms is subject to stringent restrictions and regulations, which restrain market expansion.

Report Coverage

This research report categorizes the market for global Small Caliber Ammunition based on various segments and regions, forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Global Small Caliber Ammunition Market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each Global Small Caliber Ammunition Market sub-segments. 

Segmentation Analysis

• In 2021, 5.56 X 45 mm segment dominated the market with the largest market share of 47.7% and market revenue of 5.89 Billion.

Based on the Caliber, the Global Small Caliber Ammunition Market is categorized into 5.56 mm, 7.62 mm, 9 m, .50 BMG and Others. In 2021, 5.56 X 45 segment mm dominated the market with the largest market share of 47.7% and market revenue of 5.89 Billion. The 5.56 X 45 mm product continues to be appreciated by American military members and ordinary gun owners. The 7.62 x 39 mm section is often used for hunting due to its inexpensive price and ease of availability. Its great knockdown power, mild recoil, and weight of about 8 grams all contribute to its high demand.

•  In 2021, the Defense segment accounted for the largest share of the market, with 67.8% and a market revenue of 8.37 Billion.

Based on the Application, the Small Caliber Ammunition market is categorized into Civil & Commercial and Defense. In 2021, the Defense segment accounted for the largest share of the market, with 67.8% and a market revenue of 8.37 Billion. Due to rising demand from influential military all over the world, it is anticipated to dominate the market over the forecast period. Due to rising political and territorial tensions around the world, there will likely be a growing demand for ammunition, which will increase the market for small calibre ammunition. This category will expand as bullets and other tiny ammunition used in the defence industry continue to be improved and standardised. Additionally, nations are voluntarily spending money to develop guns and ammunition for security reasons, which is fueling the market for small-caliber ammunition.

Regional Segment Analysis of the Small Caliber Ammunition Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America emerged as the largest market for the Global Small Caliber Ammunition Market, with a market share of around 47.9% and 5.91 Billion of the market revenue in 2021.

• North America emerged as the largest market for the Global Small Caliber Ammunition Market, with a market share of around 47.9% and 5.91 Billion of the market revenue in 2021. North America's defence expenditure has grown, which has a big impact on the bullet market worldwide. The U.S. Department of Defense's long-term competitive strategy for the development of new technologies and military paradigms is anticipated to support market expansion. Due to rising product demand from hunters and firearm enthusiasts as well as weapon modifications by law enforcement organisations, the industry in the United States has shown impressive expansion in recent years. Industry expansion is anticipated to be positively impacted by increased defence spending and flexible firearms laws.
• The Europe market is expected to grow at the fastest CAGR between 2021 and 2030, The largest exporter of weapons and ammunition is Europe. Europe controls the export of armaments to Vietnam, China, and India, and as a result, it is predicted that the market for bullets will continue to grow over the next few years.

Competitive Landscape

The report offers the appropriate analysis of the key organizations/companies involved within the Global Small Caliber Ammunition Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Market Players:

• Northrop Grumman Corporation
• FN Herstal
• Hornady Manufacturing Company, Inc.
• General Dynamics Corporation
• Nosler, Inc.
• Rheinmetall Defense
• Remington Arms Company LLC
• Vista Outdoor Operations LLC
• Sierra Bullets
• Australian Munitions
• Nammo AS
• Poongsan Corporation
• ST Engineering
• DSG Technology AS
• Winchester Ammunition, Inc.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Third-party knowledge providers
• Value-Added Resellers (VARs)

Some of the Key Developments:

• In July 2020- For the 30mm XM813 Bushmaster Chain Gun, the US Army and Northrop Grumman Corporation have a contract for the next-generation airburst cartridge. The Stryker Infantry Carrier Vehicle will be equipped with the Bushmaster Chain Gun (ICV).
• In January 2022- The Australian government said it will pay more than USD 2.9 billion to purchase 120 armored vehicles from the United States, including tanks. In an effort to replace the T-72 tanks sent to Ukraine to fight the Russian incursion, Poland signed a contract in July to buy more than 100 used Abram tanks.
• In February 2022- In order to reduce pollution, RUAG Ammotec created lead-free training ammunition for police forces, suggesting a prospective change in small calibre ammunition.

Market Segment

This study forecasts global, regional, and country revenue from 2021 to 2030. Spherical Insights has segmented the Global Small Caliber Ammunition Market based on the below-mentioned segments:

Global Small Caliber Ammunition Market, By Caliber

• 5.56 mm
• 7.62 mm
• 0.50 BGM
• 9 m
• Others 

Global Small Caliber Ammunition Market, By Application

• Civil & Commercial
• Defense

Global Small Caliber Ammunition Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico

• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa