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Global Ammunition Market Worth $8.15 Billion by 2017 at a CAGR of 0.67% - New Report by MarketsandMarkets
Date:7/20/2013

hnology, maintaining a skilled workforce and meeting varying customer demands and expectations while improving overall design and quality of the ammunition is expected to be a major challenge.

Defense budget cuts in most of the western countries are anticipated to have an impact on the ammunition market, while industries from the west would be in constant lookout for other markets to offset the decrease in demand in their home market. It is further leading industries to a second wave of consolidation. Moreover, the need for efficiency especially in this time of austerity has made governments to embrace privatization and public-private partnership initiatives.

The industry is fragmented, as most of the countries try to maintain their own ammunition manufacturing capability as they view this as one of the important sectors which helps them maintain strategic autonomy in decision making. However the recent trends in the market is expected to lead an increased activity in terms of merger and acquisition, technology transfer, joint development and production and partnership agreements between western and other developing nations.

This report presents a complete analysis of the global ammunition market across the next five years. It analyses about the factors driving the market, the challenges faced by the industry and about the factors restraining the growth of the market. It also discusses the key industry trends, market trends and technology trends that is about to influence the global ammunition market. It provides the market size of the global ammunition market over the next five years and talks about the market share by different ammunition type. It provides insight in to regional trends in spending and analysis the market size by region. The report also talks about the market trends, industry trends and technology trends shaping the market. It provides details about leading competitors in the global ammunition market and apart from a genera
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