Thursday 20 December 2018, AmsterdamAccording to a new market intelligence report titled "Global Small Caliber Ammunition Market, Analysis and Forecast, 2018-2023", the growing demand for ammunition in emerging countries (such as Asia-Pacific, Middle East, and Africa) is likely to increase the opportunities for small caliber ammunition players across different sectors, including civilian, law enforcement, hunting & sports, and military. The rapid increase in civilian conflicts and terrorist clutter across the world has further increased the business prospects for the ammunition industry. The global small caliber ammunition market has gained importance in military applications for use against terrorist groups and enemy forces. Furthermore, companies are introducing latest technology weapons for the small caliber ammunition market that is gaining importance among defense end users due to the advantages of enhanced lethality. Many defense forces across the world have engaged in contracts with various leading manufacturers for the production of the specific range of small caliber ammunition.