UAE Ammunition Market Size & Outlook, 2023-2030
UAE ammunition market, 2018-2030 (US$M)
Related Markets
UAE ammunition market highlights
- The UAE ammunition market generated a revenue of USD 321.6 million in 2023 and is expected to reach USD 395.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 3% from 2024 to 2030.
- In terms of segment, small caliber was the largest revenue generating caliber in 2023.
- Small Caliber is the most lucrative caliber segment registering the fastest growth during the forecast period.
Ammunition market data book summary
| Market revenue in 2023 | USD 321.6 million |
| Market revenue in 2030 | USD 395.7 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Small caliber |
| Fastest growing segment | Small Caliber |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Caliber, Medium Caliber, Large Caliber, Rockets & Missiles |
| Key market players worldwide | Northrop Grumman Corp, Olin Corp, General Dynamics Corp, BAE Systems PLC, Rheinmetall AG, Hanwha, Temasek Holdings, Vista Outdoor Inc, FN Herstal, Nexaer, Remington Arms Company |
Other key industry trends
- In terms of revenue, UAE accounted for 0.5% of the global ammunition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia ammunition market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 395.7 million by 2030.
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Ammunition Market Scope
Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE ammunition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ammunition market will help companies and investors design strategic landscapes.
Small caliber was the largest segment with a revenue share of 50.62% in 2023. Horizon Databook has segmented the UAE ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2018 to 2030.
UAE has initiated efforts to develop the local defense industry as the foreign munition sales to the country are coming with requirements such as “offset clauses”. This ensures that the contactors support the economy through collaborations with domestic producers, investments, and employment of local forces.
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Target buyers of UAE ammunition market databook
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Our clientele includes a mix of ammunition market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE ammunition market, including forecasts for subscribers. This country databook contains high-level insights into UAE ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE ammunition market size, by caliber, 2018-2030 (US$M)
UAE Ammunition Market Share, 2023 & 2030 (US$M)
Related regional statistics
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