Strategic Steel: Global Defense Markets Enter a New Era 2033

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2026-02-12 06:05:31 -

Weapons and Ammunition Market Size and Forecast The Weapons and Ammunition Market is projected to reach US$ 115.65 Billion by 2033, rising from US$ 61.24 Billion in 2024, reflecting a CAGR of 7.32% from 2025 to 2033. The market continues to expand steadily, fueled by rising defense budgets, modernization initiatives, and increasing demand for advanced security solutions across military, law...

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