Ammunition Market

Transparency Market

Research

Ammunition Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2021

Published Date

2015-10-19

131 Page Report

Buy Now

Request Sample

Press Release

Investments in Advanced Weaponry to Drive Global Ammunition

Market to US$14.87 bn by 2021

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Ammunition Market

REPORT DESCRIPTION

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:

http://www.transparencymarketresearch.com/ammunition-market.html

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

globally. In terms of caliber, the market is further...