Market Overview:
The global cased telescoped ammunition market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cased telescoped ammunition from the defence sector across the globe. Additionally, rising investments by governments in advanced defence technologies are also fuelling the growth of this market. The global cased telescoped ammunition market is segmented on the basis of type, application and region. On the basis of type, it is segmented into 45 mm, 40 mm and others. On the basis of application, it is segmented into armoured vehicles, reconnaissance vehicles and others. Region-wise, it is divided into North America, Latin America, Europe Asia Pacific and Middle East & Africa (MEA). Among all regions globally North America dominates in terms revenue contribution followed by Europe in second place with significant share owing to high spending on military modernization programs by countries such as UAS.
Product Definition:
Cased telescoped ammunition is a type of small arms ammunition that uses a cartridge case to house the rounds. The rounds are arranged around a central axis and enclosed in an outer casing. This design allows for more rounds to be stored in a smaller space and improves accuracy due to the reduced recoil.
45 mm:
45 mm is a popular caliber among the users as it offers high performance in terms of accuracy, range and rate of fire. It’s usage in various types of ammunition such as armor-piercing, general purpose and anti-material bullets makes 45 mm a lucrative calibre to be used across the world. The growth factor for this market is attributed to increasing demand from countries such as India, China and Brazil which are amongst the prominent manufacturers across the globe.
40 mm:
40 mm is a standard caliber for caseless telescoped ammunition. It was developed by the Austro-Hungarian Army in the early 20th century, and its first successful test took place in 1924. Since then it has become one of the most common calibers used for caseless ammunition development worldwide.
Application Insights:
Based on application, the global market is segmented into armoured vehicles, reconnaissance vehicles and others. The armoured vehicle segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to growing security concerns among countries such as India and China which are manufacturing various types of tanks and other armoured vehicles for their armed forces. Furthermore, increasing military expenditure by countries such as U.S., Russia, France etc., to develop and maintain a robust defense capability is also contributing significantly towards the growth of this segment over the forecast period.
The reconnaissance vehicle category is expected to grow at a significant rate over the forecast period owing to its wide application across military applications globally including light armored cars, all-terrain trucks with scouting capabilities for patrolling enemy territory during wartime or civil unrests etc.
Regional Analysis:
North America dominated the global cas telescoped ammunition market in 2017. The U.S., being the largest consumer of bullets and artillery shells, is a key regional market for cas telescoped ammunition. North America has been witnessing an increase in demand for light armoured vehicles owing to increasing threats from terrorist organizations at both domestic and international levels since 9/11 attacks on U.S.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising conflicts between nuclear-armed nations such as India and Pakistan, rivalry between China.
Growth Factors:
- Increasing demand for lightweight and compact firearms: The global trend of downsizing and weight reduction in firearms is expected to drive the demand for cased telescoped ammunition.
- Growing popularity of precision shooting sports: Cased telescoped ammunition offers improved accuracy over traditional ammunition, making it a preferred choice for precision shooting sports enthusiasts.
- Proliferation of small arms among civilians and law enforcement agencies: The increasing ownership of small arms by civilians as well as law enforcement agencies is anticipated to boost the demand for cased telescoped ammunition in the coming years.
- Technological advancements in firearm design: Ongoing technological advancements in firearm design are resulting in the development of new generation firearms that are compatible with cased telescoped ammunition, thereby driving its adoption across the globe.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cased Telescoped Ammunition Market Research Report
By Type
45 mm, 40 mm, Others
By Application
Armoured Vehicles, Reconnaissance Vehicles, Others
By Companies
CTA International + BAE Systems, Textron Systems, CTA International + BAE Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Cased Telescoped Ammunition Market Report Segments:
The global Cased Telescoped Ammunition market is segmented on the basis of:
Types
45 mm, 40 mm, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Armoured Vehicles, Reconnaissance Vehicles, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CTA International + BAE Systems
- Textron Systems
- CTA International + BAE Systems
Highlights of The Cased Telescoped Ammunition Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 45 mm
- 40 mm
- Others
- By Application:
- Armoured Vehicles
- Reconnaissance Vehicles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cased Telescoped Ammunition Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cased telescoped ammunition is a type of ammunition that uses a casing that is made to hold multiple rounds of ammunition. The casing can be reloaded multiple times, which allows the shooter to have more shots before having to reload.
Some of the key players operating in the cased telescoped ammunition market are CTA International + BAE Systems, Textron Systems, CTA International + BAE Systems.
The cased telescoped ammunition market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cased Telescoped Ammunition Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cased Telescoped Ammunition Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cased Telescoped Ammunition Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cased Telescoped Ammunition Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cased Telescoped Ammunition Market Size & Forecast, 2018-2028
4.5.1 Cased Telescoped Ammunition Market Size and Y-o-Y Growth
4.5.2 Cased Telescoped Ammunition Market Absolute $ Opportunity
Chapter 5 Global Cased Telescoped Ammunition Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cased Telescoped Ammunition Market Size Forecast by Type
5.2.1 45 mm
5.2.2 40 mm
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cased Telescoped Ammunition Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cased Telescoped Ammunition Market Size Forecast by Applications
6.2.1 Armoured Vehicles
6.2.2 Reconnaissance Vehicles
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cased Telescoped Ammunition Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cased Telescoped Ammunition Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cased Telescoped Ammunition Analysis and Forecast
9.1 Introduction
9.2 North America Cased Telescoped Ammunition Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cased Telescoped Ammunition Market Size Forecast by Type
9.6.1 45 mm
9.6.2 40 mm
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cased Telescoped Ammunition Market Size Forecast by Applications
9.10.1 Armoured Vehicles
9.10.2 Reconnaissance Vehicles
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cased Telescoped Ammunition Analysis and Forecast
10.1 Introduction
10.2 Europe Cased Telescoped Ammunition Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cased Telescoped Ammunition Market Size Forecast by Type
10.6.1 45 mm
10.6.2 40 mm
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cased Telescoped Ammunition Market Size Forecast by Applications
10.10.1 Armoured Vehicles
10.10.2 Reconnaissance Vehicles
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cased Telescoped Ammunition Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cased Telescoped Ammunition Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cased Telescoped Ammunition Market Size Forecast by Type
11.6.1 45 mm
11.6.2 40 mm
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cased Telescoped Ammunition Market Size Forecast by Applications
11.10.1 Armoured Vehicles
11.10.2 Reconnaissance Vehicles
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cased Telescoped Ammunition Analysis and Forecast
12.1 Introduction
12.2 Latin America Cased Telescoped Ammunition Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cased Telescoped Ammunition Market Size Forecast by Type
12.6.1 45 mm
12.6.2 40 mm
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cased Telescoped Ammunition Market Size Forecast by Applications
12.10.1 Armoured Vehicles
12.10.2 Reconnaissance Vehicles
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cased Telescoped Ammunition Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cased Telescoped Ammunition Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cased Telescoped Ammunition Market Size Forecast by Type
13.6.1 45 mm
13.6.2 40 mm
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cased Telescoped Ammunition Market Size Forecast by Applications
13.10.1 Armoured Vehicles
13.10.2 Reconnaissance Vehicles
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cased Telescoped Ammunition Market: Competitive Dashboard
14.2 Global Cased Telescoped Ammunition Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CTA International + BAE Systems
14.3.2 Textron Systems
14.3.3 CTA International + BAE Systems
