According to a new report from Intel Market Research, the global Tracer & Illuminating Ammunition market was valued at USD 1.42 billion in 2025 and is projected to reach USD 1.92 billion by 2034, growing at a robust CAGR of 3.4% during the forecast period (2025–2034). This growth is propelled by rising defense expenditures, modernization of military training systems, and increasing...