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Ammunition Market size forecast to surpass USD 8.3 billion by 2023

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Request for an in-depth table of contents for this report @ Terrorism proliferation across the globe coupled with the military automation endeavors of emerging nations focussed on obtaining high efficiency, advanced and precise munitions are the major driving factors for the global ammunition market. However, declining defense budgets in the developed nations along with the difference in legal, political and economic regulations is expected to hamper the industry demand over the forecast period. Increasing demand from emerging economies for advanced medium and large caliber is expected to act as a potential opportunity to the industry. – PowerPoint PPT presentation

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Title: Ammunition Market size forecast to surpass USD 8.3 billion by 2023


1
Ammunition Market size to surpass USD 8.3 billion
by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Ammunition Market
  • The U.S. ammunition market size is estimated to
    witness rapid growth over the forecast period
    owing to increasing demand of firearms in
    shooting games and defense.
  • Africa is expected to gain at around 2.5 from
    2016 to 2023 owing to civil unrest and armed
    conflicts observed in Libya and Syria.
  • Asia Pacific ammunition market dominated the
    industry in 2014, with Europe following it.
    India, South Korea and China are the key
    countries contributing to the supremacy of Asia
    Pacific.

3
Application Analysis of Ammunition Market
  • Terrorism proliferation across the globe coupled
    with the military automation endeavors of
    emerging nations focussed on obtaining high
    efficiency, advanced and precise munitions are
    the major driving factors for the global
    ammunition market.
  • However, declining defense budgets in the
    developed nations along with the difference in
    legal, political and economic regulations is
    expected to hamper the industry demand over the
    forecast period.
  • Increasing demand from emerging economies for
    advanced medium and large caliber is expected to
    act as a potential opportunity to the industry.

4
Competitive Market Share of Ammunition Market
  • Major players in the global ammunition market
    share include Olin Corporation, Orbital ATK Inc.,
    General Dynamics Corporation, Nammo AS, Remington
    Arms Company, Inc.,
  • BAE Systems, CCI Ammunition, Federal Premium
    Ammunition, Ruag Ammotech, Denel Pmp, Maxam,
    Poongsan Corporation, Global Ordnance, Magtech
    Ammunition Company, Inc.,
  • Nexter Munitions and Hornady Manufacturing among
    others.

5

Browse Full Market Research Report On
Ammunition Market _at_ http//goo.gl/tHn2OH Reque
st for an in-depth table of contents for this
report _at_ https//www.gminsights.com/request-toc/up
coming/261
6
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