Ammunition Market to Fetch US$14.8 Bn by 2021 as Exacerbating Geopolitical Conflicts Spur Sales
Concerns over terrorism are escalating in several regions across the world and especially in Europe. Terrorist disturbances are growing in count and government bodies are doing what they can to curb it. This includes increasing expenditure on ammunitions of all types and calibers. Countries such as South Korea, Indian, China, and Pakistan are also increasing their spending on ammunition due to disturbances created by neighboring countries.