According to Stratistics MRC, the Global Medium Caliber Ammunition Market is accounted for $1.50 billion in 2020 and is expected to reach $2.02 billion by 2028 growing at a CAGR of 3.8% during the forecast period. Some of the factors influencing the market growth are increasing the threat of terrorism and unstable geopolitical climate and increased military spending. However, stringent laws and regulations are hampering the market growth.
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By geography, Asia Pacific is going to have a lucrative growth due to increasing conflicts amongst neighbouring nations and rising demand in defence budget in emerging economies.
Some of the key players profiled in the Medium Caliber Ammunition Market include Alliant Techsystems Inc (ATK), BAE Systems PLC, Companhia Brasileira De Cartuchos, Denel SOC Ltd, Eurenco, General Dynamics Corporation, IMI Systems, Magtech Ammunition, Maxamcorp Holding, S.L., Mesko, Multinational Defense Services Llc, Nammo AS, Nexter Systems KNDS, Northrop Grumman Corporation, Ordnance, Poongsan Corporation, Rheinmetall AG, Technologies Engineering Ltd, and Thales Group.
Product Types Covered:
• Physical Squeeze
• Chemical Extraction
Types Covered:
• 20MM
• 25MM
• 30MM
• 40MM
• Other Types
Applications Covered:
• Lethal
• Non-Lethal
Lethality’s Covered:
• Land
• Sea
• Air
End Users Covered:
• Defense & Military
• Police
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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