Advanced Materials Industry Ammunition Market Insights, 2016 to 2024

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Ammunition Market Analysis, Size, Share, Growth, Industry Trends and Forecasts, 2016 to 2024 - Hexa Research Global ammunition market was worth USD 11.8 billion in 2015. It is anticipated to grow at a CAGR exceeding 2% from 2016 to 2024 (forecast period). Soaring military expenditures by various governments is the chief growth driver. Countries such as China, India, Israel and the U.S. are implementing stockpiling and modernization programs. Mexico and Brazil are arming their police personnel with the latest weaponry. Upgrading military weapons requires higher allocation of funds for ammunition. This is expected to have a positive effect on market growth. Technological advancements such as smart weapons in developed regions could also propel the ammunition industry. Browse Details of Report @ https://www.hexaresearch.com/research-report/ammunition-market Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/