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:
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.
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.
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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.
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.
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.
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%.
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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:
o .338 Norma Magnum
o 338 Lapua Magnum
By Application the global Small and Medium Caliber Ammunition Market has been divided into:
o Homeland Security
q Civil and Commercial
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.
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.
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.
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:
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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 prospect
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