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The small caliber ammunition market size was valued at USD 8.87 billion in 2024. The market is projected to grow from USD 9.10 billion in 2025 to USD 11.67 billion by 2034, exhibiting a CAGR of 2.8% during 2025u20132034.<br><br>
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Small Caliber Ammunition Market Small Caliber Ammunition Market Size Worth USD 11.67 Billion by 2034 | CAGR: 2.8% Small Caliber Ammunition Market Share, Size, Trends, Industry Analysis Report: By Caliber Type, Bullet Type, Application, Lethality, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034
Small Caliber Ammunition Market • The small caliber ammunition market size was valued at USD 8.87 billion in 2024. The market is projected to grow from USD 9.10 billion in 2025 to USD 11.67 billion by 2034, exhibiting a CAGR of 2.8% during 2025–2034. Request To Sample : https://www.polarismarketresearch.com/industry-analysis/small- caliber-ammunition-market/request-for-sample
Small Caliber Ammunition Market Key Market Players : • ARSENAL JSCo • BAE Systems, Inc. • Denel PMP • FN Herstal (Herstal Group) • General Dynamics Ordnance and Tactical Systems (General Dynamics Corporation) • Rosoboronexport • MESKO S.A. • Nammo AS • Nexter KNDS Group • Northrop Grumman Corporation • Poongsan Corporation • RheinmetallDefense • RUAG Group • ST Engineering (Temasek Holdings Limited)
Small Caliber Ammunition Market Small Caliber Ammunition Market Report Highlights: • The 9 mm Parabellum segment, based on caliber type, is dominating the small caliber ammunition market share due to reduced recoil that facilitates on target acquisition. • The copper segment, by bullet type, is expected to dominate the market due to its lightweight and enhanced penetration of bullets. • North America is expected to dominate the global small caliber ammunition market revenue share during the forecast period due to the increased number of civil wars, geopolitical instability, and constant terrorist attacks. • A few global key market players are ARSENAL JSCo; BAE Systems, Inc.; Denel SOC Ltd; FN Herstal (Herstal Group); General Dynamics Ordnance and Tactical Systems (General Dynamics Corporation); Rosoboron export; MAXAMCorp Holding, S.L.; and others.
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