Ammunition Market Research Report and Forecast up to 2021 Ammunition Market Growth, Trends and Forecast | Page 2

refurbishment of older weapons and ammunitions, creating a moderate demand for
new ammo. The current largest market for ammunitions lies in Russia, a country
which is expected to maintain its leading position till 2021.
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Military Demand for Ammunition Keeps Player Revenues at Steady Growth
Rate
By the end of 2021, the revenue share in the ammunitions market held by the
military sector is expected to be 57.14%. The military receives significant financial
aid and interest from the national governments, which allows the military to create
a consistent level of research and development efforts in making efficient, precise,
and tougher rounds. The military sectors is currently showing a high demand in all
types of bullets and in all calibers. Law enforcement and civil sales of ammunition
are primarily done in small caliber rounds. The sale of commercial ammunitions,
meanwhile, is reducing in developed economies and is increasing in the emerging
ones, primarily as a source of self-defense.
The leading manufacturers of ammunition from a global perspective include Fiocchi
Munizioni S.p.A., General Dynamics Corporation, Hornady Manufacturing Company,
Inc., Orbital ATK, Inc., Nammo A.S., and RUAG Holding A.G.
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