Dublin, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The "Europe Small Caliber Ammunition Market: Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The Europe small caliber ammunition market in terms of value is estimated to reach $4.73 billion by 2033 from $2.89 billion in 2023, at a growth rate of 5.03% during the forecast period 2023-2033
The small caliber ammunition market is undergoing substantial growth and transformation. Several factors, such as heightened concerns about personal safety, increased military expenditures, and a growing interest in shooting sports and recreational activities, are driving a sustained demand for small caliber ammunition.
Additionally, the market is witnessing technological advancements focused on enhancing accuracy, terminal performance, and reducing environmental impact. Manufacturers are dedicating resources to research and development to create innovative solutions that meet the evolving needs of their customers.
The European small caliber ammunition market represents a dynamic and rapidly evolving industry that holds vital significance for defense, law enforcement, and civilian sectors alike. Small caliber ammunition, typically utilized in pistols, rifles, and submachine guns with a diameter of .50 inches (12.7mm) or less, is witnessing steady growth in the region. This growth is driven by increasing demands for personal safety and security, military modernization endeavors, as well as the popularity of recreational shooting and hunting activities.
Notably, the European market for premium small caliber ammunition is being propelled by advancements in weapon technology, which offer enhanced attributes such as increased accuracy, reduced recoil, and improved terminal ballistics. The market is characterized by intense competition among major industry players, an ongoing focus on innovation, and stringent regulatory frameworks to ensure compliance and safety standards are met.
As Europe continues to adapt to evolving security and leisure demands, the small caliber ammunition market in the region is poised for continued expansion and innovation.
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of products available for deployment and their potential. Moreover, the study provides the reader with a detailed understanding of the small caliber ammunition market by application (military, homeland security/law enforcement/government agency, hunting, and sports, and commercial (self-defense) and product (caliber).
Growth/Marketing Strategy: The Europe small caliber ammunition market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been mergers and acquisitions to strengthen their position in the small caliber ammunition market.
Competitive Strategy: Key players in the Europe small caliber ammunition market analyzed and profiled in the study involve major small caliber ammunition products offering companies providing ammunition, guns, different ammunition, and bullets. Moreover, a detailed competitive benchmarking of the players operating in the Europe small caliber ammunition market has been done to help the reader understand how players stack against each other, presenting a clear market landscape.
Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and regional presence.
Some of the prominent names in this market are:
- BAE Systems
- FN HERSTAL
- Nammo AS
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 91 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value (USD) in 2023 | $2.89 Billion |
| Forecasted Market Value (USD) by 2033 | $4.73 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Europe |
Market Segmentation:
Application
- Military
- Homeland Security/Law Enforcement/Government Agency
- Hunting and Sports
- Commercial (Self-Defense)
Caliber
- .22LR Caliber
- .308 Caliber
- 5.56mm Caliber
- 7.62mm Caliber
- 9mm Caliber
- .223 Rem Caliber
- 12 Gauge (Shotgun Shells)
- Other Calibers
Country
- U.K.
- Germany
- France
- Russia
- Italy
- Rest-of-Europe
Key Topics Covered:
Executive Summary
Scope of the Study
1 Markets
1.1 Industry Outlook
1.1.1 Small Caliber Ammunition Market: Overview
1.1.2 Current and Emerging Technological Trends
1.1.2.1 Polymer Cartridge Cases
1.1.2.2 Caseless Ammunition
1.1.3 Small Caliber Ammunition: Impact of Consumer Behaviour
1.1.4 Regulatory Landscape: Country-Level Analysis
1.1.5 Supply Chain Analysis
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Geopolitical Conflicts and Tensions
1.2.1.2 Law Enforcement and Security Demands
1.2.1.3 Military Modernization Programs
1.2.2 Business Challenges
1.2.2.1 Supply Chain Management
1.2.2.2 International Trade Compliance
1.2.2.3 Quality Control and Safety Standards
1.2.3 Business Opportunities
1.2.3.1 Ammunition Recycling and Remanufacturing
1.2.3.2 Increasing Adoption of Ammunition Stockpiling
1.2.4 Business Strategies
1.2.4.1 Partnerships, Collaborations, Agreements, and Contracts
1.2.4.2 Others
2 Region
2.1 Small Caliber Ammunition Market (by Region)
2.2 Europe
2.2.1 Market
2.2.1.1 Key Manufacturers and Suppliers in Europe
2.2.1.2 Business Drivers
2.2.1.3 Business Challenges
2.2.2 Application
2.2.2.1 Europe Small Caliber Ammunition Market (by Application)
2.2.3 Product
2.2.3.1 Europe Small Caliber Ammunition Market (by Caliber)
2.2.4 Europe (by Country)
3 Competitive Benchmarking and Company Profiles
3.1 Market Share Analysis
3.2 Company Profiles
3.2.1 BAE Systems
3.2.1.1 Company Overview
3.2.1.1.1 Role of BAE Systems in the Small Caliber Munitions Market
3.2.1.1.2 Product Portfolio
3.2.1.2 Corporate Strategies
3.2.1.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts
3.2.1.3 R&D Analysis
3.2.1.4 Analyst View
3.2.2 FN HERSTAL
3.2.3 Nammo AS
4 Research Methodology
For more information about this report visit https://www.researchandmarkets.com/r/j9yybm
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