{"product_id":"middle-east-africa-small-caliber-ammunition-market-forecast-to-2028-covid-19-impact-and-regional-analysis-by-ammunition-size-5-56mm-7-62mm-9mm-12-7mm-14-5mm-45acp-338mm-22lr-223-rem-and-308-winchester-end-user-military-homeland-securi","title":"Middle East \u0026 Africa Small Caliber Ammunition Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Ammunition Size (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, 45ACP, .338mm, .22LR, 223 REM, and .308 Winchester), End User (Military, Homeland Securi","description":"\u003cp\u003eMiddle East \u0026amp; Africa Small Caliber Ammunition Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Ammunition Size (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, 45ACP, .338mm, .22LR, 223 REM, and .308 Winchester), End User (Military, Homeland Security, and Law Enforcement Agencies), and Gun Type (Pistols, Rifles, and Shot Guns)\u003c\/p\u003e\n\n\u003cp\u003eThe MEA small caliber ammunition market is expected to grow from US$ 529.60 million in 2021 to US$ 774.07 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028. The mounting demand for small arms ammunition across the MEA region is expected to accelerate the MEA small caliber ammunition market. A rise in the demand for small arms ammunition in developing countries across the MEA region is creating opportunities for the growth of small caliber ammunition players that provide products for different segments such as homeland security, law enforcement, and military. The ongoing political turmoil in countries such as Libya, Syria, and Yemen has driven the demand for sophisticated weapons and ammunition in the MEA. Moreover, increasing threats due to terrorism and territorial conflicts have compelled the countries to adopt and procure artillery and mortar systems to secure and safeguard their borders against illegal trespassing and several forms of trafficking. Rampant illegal activities such as smuggling, poaching, and unlicensed mining in developing countries across the MEA region have increased the procurement of advanced weaponry by the government authorities to strengthen their law enforcement and military forces, which will escalate the demand for small caliber ammunition, thereby driving the MEA small caliber ammunition market.\u003c\/p\u003e\n\n\u003cp\u003eThe COVID-19 pandemic severely affected South Africa. Owing to the closure of borders of countries, the supply chain of several small caliber ammunition has been disturbed. The demand for advanced military equipment and products, including rifles and pistols, for strengthening the military troops have weakened during the initial months of the COVID-19 outbreak. This led the ammunition manufacturers to experience disturbed supply chain of raw materials, resulting in a loss of business among the local and international small caliber ammunition manufacturers. Further, several international defense forces rely on sourcing small caliber ammunition from Israeli, Turkish, and South African manufacturers; however, due to disruption in supply chain and international trades during early days of COVID-19 outbreak, the small caliber ammunition manufacturers faced substantial challenges to generate revenues. This factor has been analyzed to understand and depict the impact of COVID-19 on the MEA small caliber ammunition market.\u003c\/p\u003e\n\n\u003cp\u003eBased on end user, the homeland security segment is expected to be fastest growing during forecast period in the MEA region. The procurement of small caliber ammunition by the homeland security department is one of the major factors expected to bolster the growth of the MEA homeland security small caliber ammunition segment during the forecast period. The exponential increase in violence combined with the pressure to curtail such incidents and militarization of the police forces has led to extreme aggression by the police forces in specific cases. All such factors are likely to impact the growth of the MEA homeland security small caliber ammunition market during 2021–2028.\u003c\/p\u003e\n\n\u003cp\u003eThe overall MEA small caliber ammunition market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the MEA small caliber ammuition market. The process also serves the purpose of obtaining overview and forecast for the MEA small caliber ammunition mnarket with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the MEA small caliber ammunition market. BAE Systems Plc, CBC Global Ammunition, Denel PMP, Elbit Systems Ltd., FN HERSTAL, NAMMO AS, and Northrop Grumman Corporation are among a few players operating in the MEA small caliber ammunition market.\u003c\/p\u003e \n\n\u003cp\u003eReason To Buy\u003c\/p\u003e\n\n\u003cp\u003eSave and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA small caliber ammunition market.\u003cbr\u003e\nHighlights key business priorities in order to assist companies to realign their business strategies\u003cbr\u003e\nThe key findings and recommendations highlight crucial progressive industry trends in MEA small caliber ammunition market, thereby allowing players across the value chain to develop effective long-term strategies\u003cbr\u003e\nDevelop\/modify business expansion plans by using substantial growth offering developed and emerging markets\u003cbr\u003e\nScrutinize in-depth MEA market trends and outlook coupled with the factors driving the small caliber ammunition market, as well as those hindering it  \u003cbr\u003e\nEnhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution\u003c\/p\u003e","brand":"Public Sector","offers":[{"title":"June, 2021 \/ 132 Pages \/ MCW16268914","offer_id":47703831249202,"sku":null,"price":3600.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/middle-east-africa-small-caliber-ammunition-market-forecast-to-2028-covid-19-impact-and-regional-analysis-by-ammunition-size-5-56mm-7-62mm-9mm-12-7mm-14-5mm-45acp-338mm-22lr-223-rem-and-308-winchester-end-user-military-homeland-securi","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}