Transparency Market
Research
Ammunition Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast, 2013 – 2019
Published Date
2014-04-29
90 Page Report
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Article
Growth in Global Ammunition Industry to be Fueled by Increasing
Demand from Military and Civilian Sectors
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Ammunition Market
REPORT DESCRIPTION
Ammunition Market - Global Industry Analysis, Size, Share, Growth, Trends,
and Forecast, 2013 – 2019
The global ammunition market derives its demand from the rising concern regarding the
increasing crime rate around the world. The industry has entered a new phase of development
after years of maturity. The increased responsibilities of federal, state level, and local bodies for
prevention of terror attacks and the response attentiveness are the key reasons contributing to
this growth. The resurgence of demand from the military and the civilian sectors is expected to
aid the development in the global ammunition industry in the near future. However, apparent cut
in budgets by various governments, the high cost involved in operating and maintaining a
product line in a commercial manner and the capital investments for novel technology are a few
factors limiting the growth of this market.
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In 2012, the global ammunition industry reached US$9,235.8 million. But, during the period of
2013 to 2019, the market is expected to experience sluggish growth at a 1.3% CAGR to create
fortunes amounting US$10,093.1 million by the end of the period of the forecast.
Future of Global Ammunition Industry Lies in Large Caliber, Small Arm ammunition,
and Defense Sector
Large caliber, medium caliber, small...