Middle East & Africa Intermediate Caliber Ammunition Market to Reach USD 0.78 Billion by 2034 Amid Defense Modernization Programs
According to a report by Intel Market Research, the Middle East & Africa Intermediate Caliber Ammunition (12.7mm, 14.5mm, 20mm) Market was valued at USD 0.42 billion in 2025 and is projected to reach USD 0.78 billion by 2034, growing at a CAGR of 7.1% during the forecast period. The market is being driven by rising defense expenditures, military modernization initiatives, and the increasing...
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