Ammunition Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2021
131 Page Report
Investments in Advanced Weaponry to Drive Global Ammunition
Market to US$14.87 bn by 2021
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Ammunition Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2021
According to a new market report published by Transparency Market Research “Ammunition
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” global
ammunition market was valued at US$11.48 bn in 2014, growing at a CAGR of 3.7% from 2015 to
2021 to account for US$14.87 bn in 2021.
Browse the full Ammunition Market report at:
The growing competition among nations to equip armed troops with advanced weaponry in order
to secure the country’s economy and citizen’s lives is the major driver for the global ammunition
market. Increasing concerns to combat various unfavourable geopolitical disputes and threats
from terrorist organizations are further boosting the market for ammunition across the world.
Continuous development of technologically enhanced weaponry is simultaneously improving the
demand scenario for ammunition market globally.
In terms of segmentation by types, the full metal jacketed (FMJ) ammunition segment held the
highest revenue share accounting for nearly fifty percent of the overall market in 2014. With the
increasing access of technology to hostile nations and terrorist organizations, the requirements
for tracer, incendiary and armor piercing ammunition are also escalating at substantial rates...