Advanced Materials Industry Ammunition Market Insights, 2016 to 2024 | Page 3

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future North America, particularly the U.S., should grow rapidly till 2024. This is primarily due to burgeoning demand in self-defense and shooting game applications. The U.S. is a large production hub and also a huge consumer of arms and ammunition. It accounts for 36% of the total global spending on weapons and ammunition. Civil unrest and conflicts in Libya and Syria are said to favor growth of the African market in the forthcoming period. The worldwide ammunition market is greatly fragmented. A large number of participants are present in Europe and North America. Some of the prominent ones are Ruag Ammotech, Magtech Ammunition Co., BAE systems, Olin Corporation and Remington Arms Company Inc. The market is characterized by widespread mergers and acquisitions with an aim to stay competitive and ensure profitability. Consolidation also solidifies the market position of vendors. Browse Related Category Market Reports@ https://www.hexaresearch.com/researchcategory/advanced-interior-materials About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/