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The nato ammunition market size is forecast to increase by USD 179.2 million, at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to several driving factors. One of the primary factors is the rise in defense spending globally, as countries seek to modernize and expand their military capabilities. Another trend influencing the market is the reduction in the weight of ammunition, which enhances military logistics, procurement, and agility. However, the proliferation of illicit ammunition manufacturers poses a significant challenge to market growth, as it undermines the quality and reliability of legitimate suppliers. Additionally, the increasing demand for precision-guided munitions and the integration of advanced technologies into ammunition systems are key trends shaping the market's future trajectory. Overall, the market is poised for growth in the coming years, driven by these key factors and trends.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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