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Ammunition Market 2020 Global Industry Size, Share, Growth, Trends, Company Profiles And 2026 Future Market Analysis


Selbyville, Delaware, United States, November 4 2020 (Wiredrelease) Global Market Insights, Inc –:Ammunition Market is expected to surpass USD 11 billion by 2025. Rising threat of global terrorism along with geopolitical feuds among major economies is the primary driver for the ammunition market. Hunting and recreational activities including sports are other factors which are expected to present growth opportunities over the forecast time period.
Increasing competition among several countries for arms and ammunitions in order to secure their national and international interests will led to steady growth for the ammunition industry over the coming years. As per Stockholm International Peace Research Institute (SPIRI) report in 2015 Russia, China, Saudi Arabia and the U.S. are the major investing countries in the weaponry, arms and ammunition industry. Furthermore, technological developments to enhance weapon impact and range will draw in heavy investments. ....

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