Market Size of Southeast Asia, Middle-East And Africa Small Arms And Ammunition Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.92 Billion |
| Market Size (2029) | USD 1.01 Billion |
| CAGR (2024 - 2029) | 1.70 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | South East Asia |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Analysis
The Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market size is estimated at USD 0.92 billion in 2024, and is expected to reach USD 1.01 billion by 2029, growing at a CAGR of 1.7% during the forecast period (2024-2029).
Amid escalating tensions with neighboring nations, several countries in Southeast Asia and the Middle East are ramping up their acquisitions of small arms and ammunition. While military and law enforcement personnel training remains a consistent driver of demand, factors like border disputes, militant threats, and civil unrest amplify the need for these armaments.
Over recent years, bolstered by government backing, local arms and ammunition manufacturers in the UAE, Saudi Arabia, and select Southeast Asian nations have steadily expanded their market presence. The burgeoning defense sectors in Turkey, the UAE, and Saudi Arabia are poised to pose fresh challenges for both incumbent and new market entrants.
With a clear push toward bolstering domestic ammunition production, these nations are becoming attractive destinations for foreign companies eyeing cost-effective labor. However, while this trend may pose challenges for local defense firms, it also opens the door for new players to introduce advanced weaponry. Yet, it's worth noting that technological constraints could temper the demand outlook in the coming years.
Southeast Asia, Middle-East And Africa Small Arms And Ammunition Industry Segmentation
Small caliber ammunition encompasses a variety of rounds, all under .50 caliber (12.7 mm), such as 5.56 mm, 7.62 mm, 9 mm, 10- and 12-gauge, .22 caliber, .30 caliber, .38 caliber, .45 caliber, and .300 Winchester Magnum (WinMag). The study encompasses both lethal and non-lethal ammunition and firearms, catering to military forces, law enforcement, civil service bodies, protection details for VIPs, and private firms, all focusing on ammunition up to 12.7 mm (.50 caliber).
The small arms and ammunition market in Southeast Asia and the Middle East and Africa is segmented by type and end user. By type, the market is segmented into arms and ammunition. By end user, the market is classified into civil, law enforcement, and military. The report also offers the market sizes and forecasts for eleven countries across the regions. For each segment, the market sizing and forecasts were made based on value (USD).
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Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Size Summary
The Southeast Asia, Middle-East, and Africa small arms and ammunition market is experiencing a steady expansion, driven by geopolitical tensions and the need for enhanced military capabilities. Countries in these regions are increasingly investing in small arms and ammunition to address border disputes, militant threats, and civil unrest. The military segment remains dominant, with armed forces procuring advanced weaponry to meet rising global military engagement demands. Local manufacturers in the UAE, Saudi Arabia, and select Southeast Asian nations are gaining traction, supported by government initiatives to bolster domestic production and reduce reliance on foreign imports. This trend is attracting foreign companies looking to capitalize on cost-effective labor and the growing defense sectors in these regions.
Saudi Arabia is poised for significant market growth, fueled by substantial government investments in defense and a strategic shift towards local production under Vision 2030. Despite being a leading arms importer, the country aims to increase local military equipment spending significantly. Key players in the market, such as Israel Weapon Industries, Elbit Systems, and PT Pindad, are expanding their presence and offering advanced technologies that rival NATO standards. Collaborative efforts, like the partnership between ST Engineering and Edge Group, are enhancing capabilities in small caliber ammunition and unmanned technologies. These developments are set to propel the market forward, with regional players attracting more investors and orders through their cutting-edge offerings.
Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness-Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Arms
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2.1.1.1 Handguns
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2.1.1.2 Rifles
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2.1.1.3 Machine Guns
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2.1.1.4 Shotguns
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2.1.2 Ammunition
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2.1.2.1 Lethal
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2.1.2.2 Non-lethal
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2.2 End User
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2.2.1 Civil
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2.2.2 Law Enforcement
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2.2.3 Military
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2.3 Geography
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2.3.1 Southeast Asia
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2.3.1.1 Singapore
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2.3.1.2 Malaysia
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2.3.1.3 Indonesia
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2.3.1.4 Rest of Southeast Asia
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2.3.2 Middle East and Africa
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2.3.2.1 Saudi Arabia
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2.3.2.2 United Arab Emirates
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2.3.2.3 Turkey
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2.3.2.4 Israel
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2.3.2.5 Bahrain
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2.3.2.6 Kuwait
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2.3.2.7 Qatar
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2.3.2.8 Oman
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2.3.2.9 Rest of Middle East and Africa
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Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Size FAQs
How big is the Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market?
The Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market size is expected to reach USD 0.92 billion in 2024 and grow at a CAGR of 1.7% to reach USD 1.01 billion by 2029.
What is the current Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market size?
In 2024, the Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market size is expected to reach USD 0.92 billion.
Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Report Snapshots
- Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Size
- Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Share
- Southeast Asia, Middle-East And Africa Small Arms And Ammunition Market Trends
- Southeast Asia, Middle-East And Africa Small Arms And Ammunition Companies
