Product Code: ETC109667 | 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 | |
Small Caliber Ammunition refers to cartridges or shells used in firearms with a caliber of less than 20mm. It is the most common type of ammunition and includes such rounds as 5.56x45 mm, 7.62x51 mm, 9mm Parabellum,.22 LR and various others. This type of ammunition has been used primarily for sports shooting and hunting purposes but is now also increasingly deployed by law enforcement agencies and militaries around the world due to its cost-effectiveness, accuracy, range and lethality.
The small caliber ammunition market has experienced significant growth over the past few years driven mainly by an increase in demand from both military forces as well as civilian customers looking for recreational use or self-defense weapons. In addition, technological advances have enabled manufacturers to produce smaller calibre rounds that are equally powerful at longer ranges thus boosting their popularity amongst users worldwide. Furthermore developments such as caseless ammo further reduce size while still providing superior performance compared to traditional metal cases which has been driving multiple countries including the US towards adoption of these products into their armouries for active duty personnel.
The primary driver for the global small caliber ammunition market is increasing conflict levels between nations resulting in increased arming across regions coupled with rising geopolitical tensions driving defence spending particularly in emerging economies like India & China leading them to purchase large amounts of arms & munitions from international suppliers which includes Small Caliber Ammunition (SCA). Other drivers include government initiatives encouraging private players to enter this sector along with higher disposable incomes amongst civilians enabling them access more sophisticated weapons systems & associated products like SCA thus fueling growth within this market segment globally.
As Indonesia imposed various restrictions on transportation and project executions due to Covid pandemic, this impacted the Indonesia Small Caliber Ammunition market significantly during Q1 2020 however gradually recovered from mid-Q2 2020 onwards after partial relaxation of lockdown regulations followed by government?s stimulus package towards infrastructure development projects which drove growth back into positive trajectory over H2 2020 period thus boosting overall sales figures within said period.
Increased raw material costs; stringent government regulations regarding import/export of such type of products; high cost involved with associated manufacturing process; limited availability & accessibility to end users especially remote areas etc are some key factors affecting Indonesia Small Caliber Ammunition Market adversely.
Local players like PT Pindad Komodo (PINDAD), Saehan Corporation , Bintang Delapan Jaya Abadi, CV Perkasa Gemilang Internasional, Grobogan Firearms Manufacturing Company Ltd., while major international players include Remington Arms Company Inc., Federal Premium Ammunition Co., Winchester Repeating Arms Company LLC., Rheinmetall AG etc.