India Small Caliber Ammunition Market (2024-2030) Outlook | Forecast, Growth, Share, Size, Companies, Revenue, Industry, Trends, Analysis & Value

Market Forecast By Size (5.56mm Caliber, 7.62mm Caliber, 9 mm Caliber, 12.7mm Caliber), By Application (Military, Law Enforcement, Civilian) And Competitive Landscape
Product Code: ETC109663 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5
India Small Caliber Ammunition market shipment volume recorded at 20430.17 thousand units in financial year 2021-22, an an increase of 4.39% over previous year and a an increase of 0.09% as compared to past 5 years.
India Small Caliber Ammunition Shipment Volume In '000 NOS

India Small Caliber Ammunition Market Synopsis

India small caliber ammunition market Outlook is expected to witness a significant growth in the coming years owing to increasing demand from defense sector for procurement of various weapons and ammunition. The rising security concerns over cross-border conflicts as well as domestic terrorism have been leading India towards increased military spending. This, in turn, has led to an increase in the demand for small arms and light weapons (SALW). Furthermore, India ranks among the top five countries globally with highest number of total SALWs held by civilians which further increases its expenditure on small caliber ammunitions every year.

Market Drivers

The major drivers contributing towards growth of IndiaSmall Caliber Ammunition Market include: increasing focus on modernization of India armed forces such as army, navy and air force; growing defense expenditure by India government; launch of new initiatives like Make In India campaign & skill development program resulting into improved local manufacturing capabilities; adoption of advance technology such as IOT & predictive analytics; introduction of indigenous products & solutions across diverse sectors including defense etc.

Challenges of the Market

There are certain challenges faced by this industry which may hinder its overall growth potential. These include presence or proliferation illegal firearms within country`s borders due to lack or inadequate control/ regulation measures hampering safety standards associated with use these armaments along with high costs associated with procurement & maintenance being some key challenges restraining market from realizing its full potential during forecast period 2023-2029. Additionally, stringent regulations related export/import imposed both at governmental level domestically or international levels can also act hindrance for industry players operating within this space.

Key Players in the Market

Some key players operating within India Small Caliber Ammunition Market includes Bharat Forge Limited., BEML Ltd., Hindustan Aeronautics Limited (HAL), Larsen Troubro Ltd., Ordnance Factory Board (OFB), Reliance Defence Engineering Limited etc..

Key Highlights of the Report:

  • India Small Caliber Ammunition Market Outlook
  • Market Size of India Small Caliber Ammunition Market, 2020
  • Forecast of India Small Caliber Ammunition Market, 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Revenues & Volume for the Period 2023 - 2027
  • India Small Caliber Ammunition Market Trend Evolution
  • India Small Caliber Ammunition Market Drivers and Challenges
  • India Small Caliber Ammunition Price Trends
  • India Small Caliber Ammunition Porter's Five Forces
  • India Small Caliber Ammunition Industry Life Cycle
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By Size for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By 5.56mm Caliber for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By 7.62mm Caliber for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By 9 mm Caliber for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By 12.7mm Caliber for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By Application for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By Military for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By Law Enforcement for the Period 2023 - 2027
  • Historical Data and Forecast of India Small Caliber Ammunition Market Revenues & Volume By Civilian for the Period 2023 - 2027
  • India Small Caliber Ammunition Import Export Trade Statistics
  • Market Opportunity Assessment By Size
  • Market Opportunity Assessment By Application
  • India Small Caliber Ammunition Top Companies Market Share
  • India Small Caliber Ammunition Competitive Benchmarking By Technical and Operational Parameters
  • India Small Caliber Ammunition Company Profiles
  • India Small Caliber Ammunition Key Strategic Recommendations
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