Global Medium-Caliber Ammunition Market- Analysis & Forecast (2017-2021) Focus on Caliber Types (20mm, 25mm, 30mm, 40mm and others) and Region

Global Medium-Caliber Ammunition Market- Analysis & Forecast (2017-2021) Focus on Caliber Types (20mm, 25mm, 30mm, 40mm and others) and Region

  • September 2017 •
  • 196 pages •
  • Report ID: 5124693 •
  • Format: PDF
Global Medium-Caliber Ammunition Market to $884.4 Million by 2021

Ammunitions are one of the most powerful and lethal component of various military systems that have been used in defense applications. Medium-caliber ammunition falls in specific size category of rounds and are primarily used for military purposes. These caliber ammunitions are highly explosive and can be used against lethal weapons, targets and individual military personnel.

Some of the major specifications available in medium-caliber ammunition include target practice tracer, armor piercing incendiary, high explosive dual purpose grenades, high explosive dual purpose with self-destruction grenades and target practice marker, among others. There are various companies that are offering a wide-variety of medium-caliber ammunition globally.

This high scale growth of medium-caliber ammunition industry is subsequently influencing the market, wherein new range of medium-caliber weapons and ammunitions are being developed. Global defense modernization programs and growing wars, conflicts and terrorism activities are the key drivers for its increased adoption by government defense forces including Army, Navy and Air Force.

Globally, the defense spending of all the countries is increasing yearly which is a part of defense modernization program adopted for strengthening the nation’s military forces. Moreover, the development of smart weapon systems and ammunition technology is providing the opportunity for the growth of medium-caliber ammunition market. The size of medium-caliber rounds ranges from 20mm caliber to 57mm caliber.

In addition to this, 40mm caliber type is expected to have the highest growth during the forecast period 2017-2021 due to its high lethal power. By analysis, global medium-caliber ammunition market generated a revenue of $732 million in 2016. North America generated most of the revenue in medium-caliber ammunition market in 2016 with the U.S. as the most prominent nation. However, Asia-Pacific is estimated to have the highest growth rate including India, growing at the highest CAGR during the forecast period 2017-2021.

Following points provide a concrete description of the report content and the topics covered in the report:
- This report identifies the global medium-caliber ammunition market under different segments such as caliber types and geography
- It examines prime supply side factors affecting the growth of the market along with the current and future trends, market drivers, restraints and challenges prevalent in the global medium-caliber ammunition market
- The report also highlights the value chain of the industry with a major focus on the technology roadmap
- A detailed competitive analysis has been included in this report which focuses on the ¬key market developments & strategies followed by the key players in the market. Additionally, market share analysis model has been included in the existing study which analyzes the share of the market players in global medium-caliber ammunition market.
- Different caliber types of global medium-caliber ammunition market, such as 20mm, 25mm, 30mm and 40mm, has been estimated and analyzed in the report
- Global medium-caliber ammunition has been analyzed in the report for major geographies including the U.S., Europe, Asia-Pacific, and rest of the world
- Different caliber types of global medium-caliber ammunition market has been analyzed in the existing study for individual geographical regions including the U.S., Europe, Asia-Pacific, and Rest of the World
- A detailed patent analysis has been included in global medium-caliber ammunition market report based on the total number of patent filed by the manufacturers and research organizations. Furthermore, the report also focuses on providing information on the key participants and future opportunities in medium-caliber ammunition market
- The study provides detailed analysis of key 15 players in the medium caliber ammunition market including Denel SOC Ltd (Denel PMP), General Dynamics Ordnance and Tactical Systems, Nammo AS, Nexter Group, Orbital ATK, Poongsan Defense, BAE Systems and Rheinmetall AG, among others. This section covers business financials, company snapshots, key products & services, major developments, future programs (if any), and finally, the individual SWOT analysis

Executive Summary
Ammunition is the most essential requirement for defense forces including the Army, Navy and Air Force. A wide-range of ammunitions have been adopted by the defense forces of various nations in order to protect their country from wars, conflicts and terrorist activities. Moreover, ammunitions are also used by civilians for hunting and shooting purposes. There are various types of ammunitions that have been used in military and civilian applications including small-caliber cartridges, medium-caliber cartridges and large-caliber cartridges.

Medium-caliber ammunitions are mostly used in defense industry with size of caliber ranging from 20mm to 57mm. Many companies have introduced a variety of medium-caliber ammunition rounds with different specifications such as high explosive incendiary, target practice tracer, armor piercing incendiary, high explosive dual purpose grenades, high explosive dual purpose with self-destruction grenades and target practice marker, among others. All such medium-caliber ammunition rounds have multiple uses in military industry as per their specifications.

There have been various developments in the field of medium-caliber ammunition. Ammunition manufacturers are also collaborating with other companies in order to geographically expand their product offerings. Furthermore, due to the increasing need of security requirements, various defense forces have widely utilized medium-caliber ammunition from leading manufacturers.

The total market size of medium-caliber ammunition was valued at $732 million in 2016 due to rising wars, conflicts & terrorism activities, and increasing defense budgets across different countries. Owing to the increasing demand for smart weapons as well as growing need from non-U.S and non-European markets, the market of medium-caliber ammunition is expected to show moderate growth during the forecast period 2017-2021. Denel SOC Ltd (Denel PMP), General Dynamics Ordnance and Tactical Systems, Nammo AS, Nexter Group, Orbital ATK, Poongsan Defense, BAE Systems, Rheinmetall AG, Singapore Technologies Engineering Ltd and Thales Group, among others, are some of the major players of the medium-caliber ammunition market.

The size of medium-caliber rounds ranges from 20mm to 57mm calibers. Out of all the caliber types, 20mm caliber generated most of the revenue in 2016, whereas, 40mm caliber type is expected to grow at the highest CAGR during 2017-2021. Moreover, 20mm caliber type is likely to dominate the market by 2021 followed by 40mm caliber type.

North America is expected to have the highest market during the forecast period 2017-2021, followed by Europe, Asia-Pacific and Rest of the World. The U.S. is the most prominent nation in North America for the growth of medium-caliber ammunition market. The increased demand for medium-caliber ammunition in the U.S. is due to the adoption of military modernization plans and growing terrorism activities. Europe is another leading region for using medium-caliber ammunition in military applications. The European region majorly consists of the U.K., Germany, France, Russia, and rest of Europe in medium-caliber ammunition market. Moreover, there are ample opportunities for new entrants in this region, as the demand for medium-caliber ammunition is gradually increasing.

Asia-Pacific region is expected to grow at the highest CAGR during the forecast period 2017-2021. The rising demand is caused by the increase in the defense budget of emerging economies across the region and rising conflicts amongst neighboring nations. Furthermore, India is expected to show the highest growth in medium-caliber ammunition market, globally. The rest of the world includes Middle-East, Africa and Latin America that is estimated to have the increasing growth in medium-caliber ammunition market during the forecast period 2017-2021. The increasing requirement of medium-caliber rounds is due to an increase the country’s military strength.

Countries Covered
• North American
• United States
• Canada
• European
• Russia
• U.K.
• France
• Asia Pacific
• China
• India
• Japan
• South Korea
• RoW