Saudi Arabia Small Caliber Ammunition Market Size & Outlook
Saudi Arabia small caliber ammunition market, 2018-2030 (US$M)
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Saudi Arabia small caliber ammunition market highlights
- The Saudi Arabia small caliber ammunition market generated a revenue of USD 439.5 million in 2022 and is expected to reach USD 543.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 2.7% from 2023 to 2030.
- In terms of segment, defense was the largest revenue generating application in 2022.
- Civil & Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
Small caliber ammunition market data book summary
| Market revenue in 2022 | USD 439.5 million |
| Market revenue in 2030 | USD 543.2 million |
| Growth rate | 2.7% (CAGR from 2022 to 2030) |
| Largest segment | Defense |
| Fastest growing segment | Civil & Commercial |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Civil & Commercial, Defense |
| Key market players worldwide | Thales, Northrop Grumman Corp, General Dynamics Corp, Rheinmetall AG, Vista Outdoor Inc, Clarus Corp, Kongsberg Gruppen ASA, Singapore Technologies Engineering Ltd, Olin Corp |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.9% of the global small caliber ammunition market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia small caliber 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 202.4 million by 2030.
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Small Caliber Ammunition Market Scope
Small Caliber Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia small caliber 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 small caliber ammunition market will help companies and investors design strategic landscapes.
Defense was the largest segment with a revenue share of 92.01% in 2022. Horizon Databook has segmented the Saudi Arabia small caliber ammunition market based on civil & commercial, defense covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of small caliber ammunition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia small caliber ammunition market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia small caliber ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia small caliber ammunition market size, by application, 2018-2030 (US$M)
Saudi Arabia Small Caliber Ammunition Market Outlook Share, 2022 & 2030 (US$M)
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