News
Small Caliber Ammunition Market worth $7.0 billion by 2029 – Exclusive Report by MarketsandMarkets™
Last Updated on July 16, 2024 by Daily News Staff
CHICAGO /PRNewswire/ — The Small Caliber Ammunition market is valued at USD 5.7 billion in 2024 and is projected to reach USD 7.0 billion by 2029, at a CAGR of 4.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The Small Caliber Ammunition market is driven by the increasing defense budget for the procurement of small arms ammunitions globally. There is increase in advancement for ammunition manufacturing and modernization of armed forces to enhance safety and effectiveness. Rising public safety concerns, particularly in regions experiencing high crime rates demands for more effective small caliber ammunition for police forces. Furthermore, the rising demand of small caliber ammunition due to the increasing geopolitical conflicts and terrorism activities are driving the market growth.
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Browse in-depth TOC on “Small Caliber Ammunition Market”
294 – Tables
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315 – Pages
Small Caliber Ammunition Market Report Scope:
| Report Coverage | Details |
| Market Revenue in 2024 | $ 5.7 billion |
| Estimated Value by 2029 | $ 7.0 billion |
| Growth Rate | Poised to grow at a CAGR of 4.3% |
| Market Size Available for | 2020–2029 |
| Forecast Period | 2024–2029 |
| Forecast Units | Value (USD Million/Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Application, Caliber Type, Bullet Type, Lethality and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and Rest of World |
| Key Market Challenge | International ammunition control measures |
| Key Market Opportunities | Advancements in small caliber ammunition due to increased R&D expenditure |
| Key Market Drivers | Increasing terrorism incidents and rising geopolitical tensions |
Based on the Caliber Type, the 7.62 mm segment is estimated to grow at highest CAGR during the forecast period.
Based on the Caliber Type, the 7.62 mm segment is estimated to grow at highest CAGR during the forecast period. The 7.62 mm small caliber ammunition is widely used in rifles and machine guns. The 7.62 mm small caliber ammunition is more reliable, effective in long-range engagements and has more compatibility with a variety of rifles and machine guns. The increasing procurement of rifles and machine guns globally to counter threats and terrorism activities demands 7.62 mm small caliber ammunition which further drives the market growth.
Based on the Application, the Military segment is estimated to hold the highest market share during the forecast period.
Based on the Application, the Military segment is estimated to hold the highest market share during the forecast period. Militaries worldwide require high volume of ammunition for training, operational engagements, and strategic reserves. Additionally, there is a rise in procurement of ammunition by the military for special operations, engagement in international conflicts and peacekeeping missions. The rise in defense budget and expansion of military force further drives the market growth.
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Based on regions, the Asia Pacific is estimated to hold the highest market share during the forecast period.
Based on region the Asia Pacific region is estimated to accounts for highest small caliber ammunition industry share during the forecast period. The growth of the market in this region is attributed to the rapid military modernization across major countries such as China, India, and South Korea. The nations across the region are significantly increasing their defense budgets to enhance their military capabilities to counter the security threats and geopolitical tensions. The rising demand of small caliber ammunition due to increasing internal security concerns and terrorism activities to drive the market growth.
Key Players
The Small Caliber Ammunition companies is dominated by a few globally established players such as Elbit Systems Ltd. (Israel), Thales (France), Olin Corporation (US), General Dynamics Corporation (US), Nammo AS (Norway).
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Daily News
Los Angeles’ ‘Graffiti Towers’ Cleaned Up as Oceanwide Plaza Awaits Next Chapter
Last Updated on November 13, 2026 by Daily News Staff
STM Daily News | November 12, 2026
Graffiti Cleanup Transforms Oceanwide Plaza
LOS ANGELES — The unfinished skyscrapers known as downtown Los Angeles’ “Graffiti Towers” have reached a visible milestone: most of the exterior tagging has been removed, although completing the long-stalled Oceanwide Plaza development remains a separate challenge.
City officials celebrated the cleanup November 12. According to the mayor’s office, crews cleared graffiti from roughly 250 balconies across the three-tower complex opposite Crypto.com Arena and near the Los Angeles Convention Center. Remaining work has included touch-ups on windows and other exterior areas.
Oceanwide Plaza was envisioned as a mixed-use destination with residences, a luxury hotel, shops and restaurants. Construction stopped in 2019 after Beijing-based developer Oceanwide Holdings could no longer finance the project.
In early 2024, trespassers covered the unfinished towers with graffiti, turning them into an internationally recognized sight. The property also attracted dangerous stunts and heightened concerns about security.
The development entered bankruptcy in February 2024. This July, a bankruptcy court approved a purchase arrangement involving KPC Square, a joint venture between KPC Group and Lendlease. Graffiti removal began while the acquisition was still pending.
What Comes Next for LA’s Graffiti Towers?
The partnership is targeting a January 2027 closing, according to the Los Angeles Business Journal. Financing, a construction contract and required approvals remain important steps before the development can be completed.
For downtown residents and businesses, the cleanup marks tangible progress at a prominent property. However, it does not mean the towers are ready to open, and no firm opening date has been announced.
Sources
- Los Angeles Mayor’s Office, November 12, 2026: https://mayor.lacity.gov/news/mayor-bass-celebrates-graffiti-removal-oceanwide-plaza-clearing-way-full-restoration-and
- Los Angeles Business Journal, November 9, 2026: https://labusinessjournal.com/real-estate/cleaning-up-oceanwide/
- City News Service / MyNewsLA, November 12, 2026: https://mynewsla.com/life/2026/11/12/graffiti-cleanup-milestone-marked-at-oceanwide-plaza-in-downtown-la/
Forgotten Genius Fridays
David Crosthwait: The Engineer Behind Indoor Comfort
David Crosthwait helped solve the challenges of heating large buildings, including Radio City Music Hall. Explore his inventions and lasting engineering legacy.
Forgotten Genius | STM Daily News
When audiences enter New York’s Radio City Music Hall, they notice the stage, the lights, and the sweeping auditorium. The engineering that keeps the building comfortable rarely receives applause.
One of the people behind that comfort was David Nelson Crosthwait Jr., a Black engineer and inventor whose work helped advance heating, ventilation, and temperature control in large buildings.
His career offers a reminder that some of the most useful inventions work quietly around us.
Solving the Problem of Heating Large Buildings
Heating a large building takes more than producing enough heat. Different areas can have different needs: one side may face bitter wind while another receives warming sunlight. Delivering the right amount of heat throughout the building requires careful control.
Crosthwait devoted much of his career to those challenges. A Purdue University engineering graduate, he worked for the C.A. Dunham Company, developing equipment and systems for heating and ventilation.
His inventions included improvements to boilers, thermostat controls, and vacuum pumps. These components helped engineers manage the movement and regulation of heat in larger buildings.
One example appears in U.S. Patent No. 1,727,965, granted in 1929. The patent describes a vacuum steam-heating system designed to serve different sections of a building at different steam pressures. That allowed the system to address varying heating needs while using a shared steam source.
Behind the technical drawing was a practical question: How could one building provide comfortable conditions in spaces that needed different amounts of heat?
His Connection to Radio City Music Hall
Crosthwait’s best-known projects included designing the steam-heating system for Radio City Music Hall at Rockefeller Center.
It was a fitting assignment for an engineer whose expertise centered on the demands of large buildings. While performers entertained audiences, the systems behind the scenes helped make the experience comfortable.
His contributions extended across a substantial body of work. The National Inventors Hall of Fame credits him with 39 U.S. patents and 80 international patents, spanning heating, refrigeration, controls, and other technologies.
Sharing Knowledge and Breaking Barriers
Crosthwait also helped other engineers learn. He wrote technical material, contributed to engineering guides, and later taught steam-heating theory and control systems at Purdue.
In 1971, he became the first Black Fellow of the American Society of Heating, Refrigerating and Air-Conditioning Engineers. Purdue awarded him an honorary doctorate in 1975, and the National Inventors Hall of Fame inducted him in 2014.
His legacy rests in the practical details of engineering: controlling pressure, improving equipment, and making complicated systems work together.
The next time you settle into a comfortable auditorium on a cold evening, consider the ingenuity behind that warmth. David Crosthwait helped make indoor comfort an engineering achievement worth remembering.
Discover more inventors and innovators through the Forgotten Genius series in The Knowledge at STM Daily News.
Related Links
- National Inventors Hall of Fame: David Crosthwait — Biography covering his inventions, patent totals, Radio City Music Hall work, teaching, and professional honors.
- Rockefeller Center: A Rock Center Innovator — Highlights his role in designing Radio City Music Hall’s steam-heating system.
- Original 1929 Patent: U.S. Patent No. 1,727,965 — Technical drawings and Crosthwait’s description of a steam-heating system serving different building sections at different pressures.
- Purdue University Libraries: Historical Timeline — Documents his 1913 graduation and contributions to heating, ventilation, and air conditioning.
Sources: National Inventors Hall of Fame, Rockefeller Center, Purdue University Libraries, and U.S. Patent No. 1,727,965.
Family
The House That Hosts: When Your Home Becomes Your Holiday Entertaining Partner
The House That Hosts: There’s a special pleasure in opening your home for the holidays to share the menu you’ve imagined, welcome guests to the glow of a room ready for company and enjoy the anticipation of familiar faces at the door. This year, make sure the house itself can lend a hand.

The House That Hosts: When Your Home Becomes Your Holiday Entertaining Partner
(Feature Impact) There’s a special pleasure in opening your home for the holidays to share the menu you’ve imagined, welcome guests to the glow of a room ready for company and enjoy the anticipation of familiar faces at the door. Every detail is an opportunity to make the loved ones you’ve invited feel especially welcome.
This year, make sure the house itself can lend a hand.
From the kitchen to the living room to the guest bathroom, residential technology offers new ways to turn a host’s imagination into a memorable experience. The best innovations don’t take over the occasion. They help the person bringing everyone together make it extraordinary.
Nor does a home need an elaborate network of connected gadgets. A few well-chosen technologies can make a difference. Explore these ideas from the bathroom design and technology experts at TOTO to level up the different hosting areas of your home as you prepare to gather with family and friends this holiday season.
The Kitchen: Bringing Something Extraordinary to the Table
The holidays invite a little culinary ambition, and today’s kitchens are borrowing a few tricks from professional chefs.
Imagine presenting a beef tenderloin cooked to a perfect rosy pink from edge to edge, thanks to the precision of sous vide cooking. Or bringing a platter of roasted root vegetables to the table, their edges beautifully caramelized and their centers tender, prepared in a steam-convection oven. On an induction cooktop, precise, responsive heat helps turn fresh mushrooms into a golden, savory accompaniment.
These technologies put sophisticated techniques within reach of adventurous home cooks, opening the door to new preparations and dishes worthy of special occasions. Experiment with new flavors and rich cuisines that fill your home with enticing aromas and your guests with awe at the first bite.
Nothing says “happy holidays” quite like watching guests discover what you’ve created for them.
The Living Area: Setting the Stage for Connection
Holiday gatherings have a rhythm all their own. The first arrivals are greeted with excitement, conversations pick up where they left off months (or years) prior, and before long, the room is filled with laughter and the pleasure of being together.
Today’s smart lighting systems allow hosts to create and schedule scenes that shift from the sparkle of a festive welcome to the softer, golden glow of an intimate evening. Multiroom wireless audio systems can bring lively music into the kitchen while keeping it a gentle accompaniment to conversation in the living area. Digital art displays can turn a television screen into a gallery of artwork chosen to complement the celebration, bringing holidays past to life as loved ones mingle in the present.
Successful holiday entertainment engages people not merely as observers, but participants. A short film could start an inspiring conversation, the right music might get people dancing and atmospheric visual-audio experiences, like a crackling fireplace or soft snowstorm, can create a relaxing seasonal backdrop for shared activities.
With the atmosphere changing quietly in the background, no one needs to interrupt a favorite story to adjust the lights or lower the music. The host can simply enjoy the company they’ve brought together.
The Bathroom: The Art of Personal Comfort
The most gracious hosts think beyond the rooms where guests gather. Fresh towels, fragrant soaps and a few unexpected comforts can make the guest bathroom feel every bit as welcoming as the rest of the home.
Technology adds a new dimension to that hospitality. Consider a TOTO WASHLET bidet seat, which offers the welcome warmth of a heated seat, the refreshing pleasure of warm-water cleansing and the soothing comfort of warm-air drying. It’s an unexpected luxury that makes an everyday experience feel special.
Hosts can choose an option that complements their home’s character. The S2 offers inviting simplicity with convenient side-panel controls. The sleek S5 pairs contemporary elegance with a wireless remote. Meanwhile, the S7A adds a touch of theater with a lid that opens automatically, a softly glowing nightlight and personalized cleansing settings.
Even the housekeeping benefits from a little ingenuity through automatic PREMIST and EWATER+: One mists the toilet bowl before use to help keep it cleaner, while the other cleans the cleansing wand and, on select models, the bowl itself with electrolyzed water.
It’s another way a thoughtful host can anticipate guests’ needs and make them feel wonderfully welcome.
Long after the last guest has departed, what lingers isn’t the sophistication of the house. It’s the meal that inspired compliments, the conversations no one wanted to end and the little surprises that made everyone feel at home.
Those are the moments that make holiday entertaining special. Behind each one is a host whose warmth, creativity and attention to detail made it possible, with a little help from the house. Explore more sophisticated bathroom upgrade ideas for the holidays and beyond at TOTOUSA.com.
Photo courtesy of Shutterstock (holiday table)
SOURCE:
TOTO
