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Home>Global Small Caliber Ammunition Market 2018-2023 - Research and Markets

Global Small Caliber Ammunition Market 2018-2023 - Research and Markets

Global Small Caliber Ammunition Market 2018-2023 - Research and Markets

10/06/2017

Global Small Caliber Ammunition Market 2018-2023 - Research and Markets

The "Global Small Caliber Ammunition Market - Analysis of Growth, Trends Progress and Challenges (2018-2023)" report has been added to Research and Markets' offering.

There has been a spike in terrorism around the globe especially in the past 2 years. Asia Pacific, Africa and Latin America were always prone to violence and terrorist attacks but in recent times , the threat of terrorism has spread rapidly to Europe and North America and the major party responsible for this has been the Islamic State which has replaced the Al-Qaeda as the de-facto numero uno global terrorist organization.

The recent terror strikes in Paris and Turkey have shaken the European population, thus there will be a spike in gun ownership in the region as the people there begin to doubts on their safety. All over the world, the civilian gun sales are expected to rise and will remain strong especially in Africa and Latin America where the population faces a relatively higher safety risk.

Asia Pacific region, especially India is expected to do a comprehensive modernization of its armed forces and that includes its much talked about F- INSAS Program, which will equip Indian soldiers with modern equipment, thus boost the global Small Caliber Ammunition market.

The Global Small Caliber Small Caliber Ammunition market will see subdued rates of growth in the North America region owing to large scale defense budget cuts and a expected gradual tightening of the gun ownership norms following uproar over the numerous civilian mass shooting incidents. But the rest of the world will drive the growth in the Global Small Caliber Ammunition Market and the Asia Pacific region will see the highest rates of growth.

Market Dynamics

Drivers

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