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Global Ammunition Market forecast to grow at 2.8% CAGR from 2016 to 2025 (1)

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For More Information @ Civil ammunition application is expected to grow at comparatively higher growth rates owing to the rise in the population, disposable income and the increasing interest in recreational activities. Twice a year Russia hosts the UFI (Global Association of the Exhibition Industry) approved exhibition, ‘Fishing and Hunting’ in Moscow with an aim of demonstrating the latest foreign and Russian achievements in the hunting and fishing sector. – PowerPoint PPT presentation

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Title: Global Ammunition Market forecast to grow at 2.8% CAGR from 2016 to 2025 (1)


1
Ammunition Market share worth over 11.5bn by
2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Industry Overview
  • The rising terrorist activities across the world
    has led to high demand for arms ammunition,
    thereby fueling global ammunition market size.
    Stringent measures introduced by the governments
    of various countries to fight against terrorism
    and heated inter-continental disputes will also
    spur the industry trends. According to Global
    Market Insights, Inc., Worldwide Ammunition
    Market was worth USD 9 billion in 2015 and is
    slated to record an annual growth of 2.8 over
    the period of 2016 to 2025. The growing
    investments in RD activities to enhance and
    develop technologically advanced weaponry coupled
    with the concerns regarding national security
    will bring forth lucrative avenues for the global
    ammunition industry.
  • Taking into consideration the products,
    ammunition industry is segmented into artillery,
    medium caliber, mortar, large caliber, and small
    caliber. Mortar ammunition market will exhibit an
    annual growth rate of around 3.3 over the period
    of 2016 to 2025, owing to its surging usage in
    low firing pressure arms. Small caliber ammo is
    predicted to record notable growth rate over the
    coming eight years. The product demand can be
    attributed to its high demand across civil and
    military applications, owing to its ease of
    application and easy availability.

3
  • Defense and civil sectors are the two prominent
    application areas of ammunition market. Defense
    sector led the application landscape in 2015 and
    will continue its dominance by occupying more
    than 50 of the total industry share over the
    period of 2016 to 2025. Ammunition market size in
    civil applications will also grow lucratively
    over the coming timeframe, driven by its high
    demand in Law enforcement, self-defense,
    entertainment, and sports activities.
  • Considering the regional landscape, North America
    ammunition market is slated to exhibit noticeable
    growth rate over the coming eight years. U.S.
    will cover more than 90 of the North America
    regional share by the end of 2025. The growth can
    be attributed to its increasing requirement for
    shooting sports and the defense sector.
  • Asia Pacific ammunition industry accounted for
    28 of the global revenue in 2015 and will
    register a lucrative growth rate over the period
    of 2016 to 2025, owing to the huge allocation of
    financial budgets for the defense sector. The
    rising demand for ammunition in sports and
    entertainment activities will also favor APAC
    market growth significantly.
  • Russia ammunition market will generate
    considerable revenue over the next few years, as
    it is a prominent arms producer. In addition,
    Russia is the main distributor of the defense
    equipment across the world.

4
Europe Ammunition Market size, by caliber, 2014,
2015 2025 (USD Billion)

5

Browse Full Market Research Report Of Ammunition
Market _at_ http//bit.ly/2pireXY Request for a
Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/2
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6
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