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Medium Caliber Ammunition Market Expected to Grow At a CAGR of 3.8% between 2020-2028

2021 - 2028 Global Medium Caliber Ammunition Market

2021 - 2028 Global Medium Caliber Ammunition Market

HYDERABAD, TELANGANA, INDIA, January 3, 2022 /EINPresswire.com/ -- Medium Caliber Ammunition Market Forecasts to 2028 – Global Analysis By Product Type (Physical Squeeze, Chemical Extraction), Type (20MM, 25MM), Application (Lethal, Non-Lethal), End User (Defense & Military, Police) and By Geography

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.

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.

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