Global Small Caliber Ammunition Market: Market Driver and Restraint
Applications of Small Caliber Ammunition are anticipated to create new business segments in the market. Small Caliber Ammunition is in use for a broad range of Military products such as China-US new military relationship, counter terrorism & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Small Caliber Ammunition application is developed towards a more active mode.
Manufacturers are exploring the potential of Small Caliber Ammunition in Law Enforcement. Application of Small Caliber Ammunition in competitive sports are gaining traction in the recent years. Recently, manufacturers have started using Small Caliber Ammunition in the Civilian area. Further, there are also potential uses in the areas of Leisure and entertainment.
Global Small Caliber Ammunition Market: Key Takeaways
· On the one hand, Small Caliber Ammunition manufacturers are dedicated to lowering their manufacturing cost; on the other hand, they try to provide more qualified products to customers.
· As major suppliers are seeking acquisition to expand global presence, the market concentration is estimated to increase in the coming 5 years.
Global Small Caliber Ammunition Market: Forecast by Size
This segment includes 5.56mm Caliber, 7.62mm Caliber, etc. In terms of volume, 5.56mm Caliber segment is expected to remain dominant in the global Small Caliber Ammunition market.
Global Small Caliber Ammunition Market: Forecast by Region
North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. USA is the dominant market in the global Small Caliber Ammunition market in terms of value. The USA Small Caliber Ammunition market was estimated to be valued at US$ 1091.67 Mn in 2017 and is expected to expand at a value CAGR of 2.9% over the forecast period. The Europe market is expected to expand at a robust rate of 2.6% in terms of revenue over the forecast period due to the steadily increasing production capacity for China-US new military relationship products in this region.
Global Small Caliber Ammunition Market: Key Players
Orbital Atk, Olin Corporation (Winchester Ammunition), FN Herstal, Nammo As, Rosoboronexport, CBC Ammo Group, IMI (Israel Military Industries), BAE Systems, General Dynamics, Nexter, Denel Soc Ltd (Denel Pmp), Remington Outdoor Company, Inc., Ruag Group (Ruag Ammotec AG), Australian Munitions, Liberty Ammunition, Poongsan Defense, China North Industries Corp (NORINCO), etc. are the key vendors included in this report.
The market concentration of Small Caliber Ammunition is medium. The supply and demand relationship in the industry has been stable and modest. Of the 2017 global market, the top 5 companies, account for more than 30.00% of sales. Orbital Atk Chemical is by far the leader, followed by Olin Corporation (Winchester Ammunition) and FN Herstal. Key Vendors like Nammo As, Rosoboronexport , and CBC Ammo Group, also play important part in regional market, so the market share in each region is quite different.
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