The rise in terrorist activities across the globe propels the growth of the local government agencies, military, and police to procure small-caliber ammunition. Also, the military sector of various nations is witnessing a significant upsurge in the defense budget for the replacement of existing arsenal and other modernization initiatives, which in turn fuels the demand for small-caliber ammunition. However, stringent laws on ownership of guns hamper the market potential.
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Key Market Players
- Northrop Grumman Corporation
- China North Industries (NORINCO)
- Winchester Ammunition (Olin Corporation)
- General Dynamics Corporation
- IMI (Israel Military Industries)
- Remington Outdoor
- BAE Systems PLC
- RUAG Group
- Liberty Ammunition
- Ruag (Ruag Ammotec AG).
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Key Market Segments
By Size
- 5.56mm Caliber
- 7.62mm Caliber
- 9 mm Caliber
- 12.7mm Caliber
By Applications
- Military
- Law Enforcement
- Civilian
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Key Benefits of the Report:
- This study presents the analytical depiction of the global Small caliber ammunition industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global Small caliber ammunition market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Small caliber ammunition market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global Small caliber ammunition market analysis based on competitive intensity and how the competition will take shape in the coming years.
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Questions Answered in the Small caliber ammunition Market Research Report:
- What are the leading market players active in the Small caliber ammunition market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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