Ammunition Market worth 21.98 Billion USD by 2021

1. Ammunition Market worth 21.98 Billion USD by2021 The global ammunition market is projected to grow from USD 18.08 Billion in 2016 to USD 21.98 Billion by 2021, at a CAGR of 3.98% from 2016 to 2021. The base year considered for the study is 2015, and the forecast period is from 2016 to2021. Download PDF Brochure :https://tinyurl.com/y8kw2jes Factors such geopolitical tensions, territorial conflicts, and political unrest in various countries across the globe are expected to drive the growth of the global ammunition market during theforecast period. Thedefenseapplicationsegmentisprojectedtoleadtheglobalammunitionmarketduringtheforecastperiod,2016 to 2021. Increased presence of defense forces across the globe, along with growing number of conflicts in several parts of the world including North Africa, the Middle East, and Latin America, is the factors expected to drive the growthofthedefenseapplicationsegmentoftheglobalammunitionmarketduringtheforecastperiod. The small caliber segment of the global ammunition market is projected to grow at the highest CAGR during the forecast period, owing to increased usage of small caliber ammunition by civilians and homeland security personnel due to their less lethality. Moreover, open online marketplaces for small arms and ammunition also act as major factors contributing towards the growth of the small caliber ammunition segment of the global ammunition market during the forecastperiod. Request For Sample :https://tinyurl.com/y8xuqyn3 The Middle East ammunition market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021. There has been a significant increase in military expenditures in the Middle East region in the recent years. As a result, industries related to military products have been witnessing significant growth in the region. Over the past decades, production of arms has also increased in the Middle East region, thereby becoming a major business for the key countries of theregion. Key players in the global ammunition market include Orbital ATK Inc. (U.S.), Olin Corporation (U.S.), General Dynamics Corporation (U.S.), BAE Systems (U.K.), Remington Arms Company, LLC (U.S.), and Nammo AS (Norway), amongothers. AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which willimpact70%to80%ofworldwidecompanies’revenues.Currentlyservicing7500customersworldwideincluding 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenuesdecisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants(Positioningtopplayersacrossleaders,emergingcompanies,innovators,strategicplayers)annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of thecurve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of nichemarkets.

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