The SAM small caliber ammunition market is expected to grow from US$ 424.22 million in 2021 to US$ 560.29 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028.
The need of modernizing military operations with rapid changes in warfare is expected to drive the market growth. Rapid changes in modern warfare are urging governments to allocate higher amounts toward respective military forces. The forces are focusing on caliber sizes such as 7.62 mm for attaining greater projectile ranges, as the existing calibers such as 5.56 mm are becoming ineffective in piercing tougher armors. The military budget allocation enables the military forces to engage themselves in the development of robust indigenous technologies alongside procuring advanced weapons, ammunitions, vehicles, and other equipment from domestic and international manufacturers. Moreover, the solider and military vehicle modernization practices help them keep their personnel and vehicles mission ready. The increased military investments are being channelized toward the procurement of newer technologies, including different types of ammunitions, which is boosting the growth of the SAM small caliber ammunitions market. The militaries of almost all major defense spending nations maintain an arsenal consisting of numerous self-propelled and towed howitzers and main battle tanks (MBTs). The armies are involved in regular training exercises with these weapon systems. Therefore, they need to stock significant quantities of tank, artillery, and training ammunition, depending on the number of launch platforms they possess. Small caliber ammunition is a part of artillery ammunition of various defense forces across the SAM region. Moreover, military professionals are focusing on calibers such as 7.62 mm for higher projectiles as the existing widely used calibers such as the 5.56 mm are becoming ineffective in piercing tougher armors. Therefore, the government and military forces are emphasizing on investing on ammunitions, which is fostering the SAM small caliber ammunition market.
The worst-affected country by COVID-19 in SAM is Brazil, followed by Peru, Chile, Colombia, and Ecuador. The recent outbreak of the COVID-19 has significantly affected the SAM region and is continuing to shatter economic revenues of several countries. Until the outbreak of COVID-19, the defense industry was experiencing substantial growth in terms of production and services. Due to the COVID-19 pandemic, ammunition and assembly line manufacturing across the world have been impacted. The Government of South America has taken an array of actions to protect its citizens and contain COVID-19?s spread. Brazil is the largest spender in the military sector, followed by Colombia and Chile. The COVID-19 has hit hard on these three countries, and its military forces. The closure of international borders, restrictions in international trades, and governmental focus toward containing the spread of the virus have been deprioritizing military expenditure. These factors negatively influence various military and defense equipment markets, including small caliber ammunition.
Based on gun type, the rifles segment is expected to be fastest growing during forecast period in the SAM region. Rifles are the long barrel firearm and ideal for training and war purposes. The rising cross-border conflicts is one of the key factors for the increasing demand for rifles. The increased demand for rifles across the SAM region is boosting the rifles segment, which is, in turn, propelling the SAM small caliber ammunition market over the years. The procurement trend of rifles is anticipated to surge through 2028 among the military force, law enforcement agencies, and homeland security teams. This parameter is analyzed to forecast the rifles segment in the SAM small caliber ammunition market. The advantages such as long range, highly accurate, and reliability of rifles are expected to increase its demand, which will also increase the demand for small caliber ammunition and subsequently drive the SAM small caliber ammunition market during forecast period.
The overall SAM small caliber ammunition market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the SAM small caliber ammunition market. The process also serves the purpose of obtaining overview and forecast for the SAM small caliber ammunition market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the SAM small caliber ammunition market. BAE Systems Plc, CBC Global Ammunition, Elbit Systems Ltd., FN HERSTAL, and Northrop Grumman Corporation are among a few players operating in the SAM small caliber ammunition market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Small Caliber Ammunition Market Landscape
4.1 Market Overview
4.2 Porters Five Forces Analysis
4.2.1 SAM Small Caliber Ammunition Market - Porters Five Forces Analysis
4.2.1.1 Bargaining Power of Buyers
4.2.1.2 Bargaining Power of Suppliers
4.2.1.3 Threat of New Entrants
4.2.1.4 Threat of Substitutes
4.2.1.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. SAM Small Caliber Ammunition Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Investments by Homeland Security and Law Enforcement Departments
5.1.2 Need of Modernizing Military Operations with Rapid Changes in Warfare
5.2 Market Restraints
5.2.1 Imposition of Strict Rules Related to Procurement and Sales of Ammunition
5.3 Market Opportunities
5.3.1 Surge in Demand for Small Arms Ammunition
5.4 Future Trends
5.4.1 Adoption of New Squad Automatic Rifle by Military Forces
5.5 Impact Analysis of Drivers and Restraints
6. Small Caliber Ammunition Market - SAM Analysis
6.1 SAM Small Caliber Ammunition Market Overview
6.2 SAM Small Caliber Ammunition Market Revenue Forecast and Analysis
7. SAM Small Caliber Ammunition Market Revenue and Forecast to 2028 - By Ammunition Size
7.1 Overview
7.2 SAM Small Caliber Ammunition Market, by Ammunition Size (2020 & 2028)
7.3 5.56mm
7.3.1 Overview
7.3.2 5.56mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.4 7.62mm
7.4.1 Overview
7.4.2 7.62mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.5 9mm
7.5.1 Overview
7.5.2 9mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.6.7mm
7.6.1 Overview
7.6.2.7mm: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.7.5mm
7.7.1 Overview
7.7.2.5: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.8ACP
7.8.1 Overview
7.8.2ACP: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.9 .338LM
7.9.1 Overview
7.9.2 .338LM: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.10 .22LR
7.10.1 Overview
7.10.2 .22LR: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.11REM
7.11.1 Overview
7.11.2REM: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
7.12 .308 Winchester
7.12.1 Overview
7.12.2 .308 Winchester: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
8. SAM Small Caliber Ammunition Market Analysis and Forecast to 2028 - By End User
8.1 Overview
8.2 SAM Small Caliber Ammunition Market, by End User (2020 & 2028)
8.3 Military
8.3.1 Overview
8.3.2 Military: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
8.4 Homeland Security
8.4.1 Overview
8.4.2 Homeland Security: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
8.5 Law Enforcement Agencies
8.5.1 Overview
8.5.2 Law Enforcement Agencies: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
9. SAM Small Caliber Ammunition Market Analysis and Forecast to 2028 - By Gun Type
9.1 Overview
9.2 SAM Small Caliber Ammunition Market, by Gun Type (2020 & 2028)
9.3 Pistols
9.3.1 Overview
9.3.2 Pistols: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
9.4 Rifles
9.4.1 Overview
9.4.2 Rifles: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
9.5 Shot Guns
9.5.1 Overview
9.5.2 Shot Guns: Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
10. SAM Small Caliber Ammunition Market - Country Analysis
10.1 Overview
10.1.1 SAM: Small Caliber Ammunition Market, by Key Country
10.1.1.1 Brazil: Small Caliber Ammunition Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Small Caliber Ammunition Market, by Ammunition Size
10.1.1.1.2 Brazil: Small Caliber Ammunition Market, by End User
10.1.1.1.3 Brazil: Small Caliber Ammunition Market, by Gun Type
10.1.1.2 Rest of SAM: Small Caliber Ammunition Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Rest of SAM: Small Caliber Ammunition Market, by Ammunition Size
10.1.1.2.2 Rest of SAM: Small Caliber Ammunition Market, by End User
10.1.1.2.3 Rest of SAM: Small Caliber Ammunition Market, by Gun Type
11. SAM Small Caliber Ammunition Market - COVID-19 Impact Analysis
11.1 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 CBC Global Ammunition
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Northrop Grumman Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 BAE Systems Plc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Elbit Systems Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 FN HERSTAL
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
List of Tables
Table 1. SAM Small Caliber Ammunition Market Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM: Small Caliber Ammunition Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Small Caliber Ammunition Market, by Ammunition Size- Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Small Caliber Ammunition Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Small Caliber Ammunition Market, by Gun Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of SAM: Small Caliber Ammunition Market, by Ammunition Size- Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM: Small Caliber Ammunition Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Small Caliber Ammunition Market, by Gun Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
List of Figures
Figure 1. SAM Small Caliber Ammunition Market Segmentation
Figure 2. SAM Small Caliber Ammunition Market Segmentation - By Country
Figure 3. SAM Small Caliber Ammunition Market Overview
Figure 4. SAM Small Caliber Ammunition Market, by Country
Figure 5. SAM Small Caliber Ammunition Market, By End User
Figure 6. SAM Small Caliber Ammunition Market, By Gun Type
Figure 7. SAM Small Caliber Ammunition Market - Porter
The List of Companies - South America Small Caliber Ammunition Market
- BAE Systems Plc
- CBC Global Ammunition
- Elbit Systems Ltd.
- FN HERSTAL
- Northrop Grumman Corporation
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