Global Large Caliber Ammunition Market Size study, by Caliber Type (40-60 mm, Above 60 mm), by End User (Naval Forces, Ground Forces) and Regional Forecasts 2022-2032

Description

Global Large Caliber Ammunition Market is valued at approximately USD 286.28 million in 2023 and is anticipated to grow with a healthy growth rate of more than 8.27% over the forecast period 2024-2032. Large caliber ammunition refers to projectiles with diameters typically exceeding 20 millimeters, deployed in heavy weaponry such as artillery, tanks, naval guns, and large anti-aircraft systems. These munitions are crafted for maximum destructive impact and extended range, capable of penetrating armor, fortifications, and other robust targets. They include various types such as high-explosive, armor-piercing, and guided munitions, each tailored for specific combat scenarios. In modern military operations, large caliber ammunition provides significant firepower and tactical advantages on the battlefield.

Governments globally are investing heavily in weapons such as field artillery, mortars, and naval guns to fortify land and maritime border security, ensure civilian protection, and enhance the lethality of armed forces. These weapons offer a cost-effective solution compared to expensive missiles and rockets used in ground attack operations. These factors are driving the worldwide demand for large caliber ammunition. Moreover, technological advancements including high-speed projectile firing, laser guidance systems, and the rising need for friend or foe identification and precision targeting technology, are fueling market growth for GPS-enabled artillery and mortar shells. In addition, growing number of political disputes, terrorism, and cross-border conflicts have heightened the need for rapid deployment of forces, thereby escalating the demand for firepower support on the battlefield and driving market growth for large caliber ammunition. However, high cost of advanced ammunition systems is going to impede the overall demand for the market during the forecast period 2024-2032.

The key regions considered for the Global Large Caliber Ammunition Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America is expected to lead the market during the forecast period due to substantial investments in advanced weaponry and ammunition to enhance national security. Additionally, ongoing research and development efforts, coupled with the presence of key market players, contribute to the region's dominance. Strategic initiatives and increased demand for advanced ammunition further bolster North America's leading position in the global market. Furthermore, the market in Asia Pacific is anticipated to develop at the fastest rate over the forecast period 2024-2032.

Major market players included in this report are:

BAE Systems
Denel
General Dynamics Corporation
Nexter Group
Rheinmetall AG
Northrop Grumman Corporation
Global Ordnance
Ruag Ammotech
Hornady Manufacturing
Magtech

The detailed segments and sub-segment of the market are explained below:

By Caliber Type:

40-60 mm
Above 60 mm

By End User:

Naval Forces
Ground Forces

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Large Caliber Ammunition Market Executive Summary

1.1. Global Large Caliber Ammunition Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Caliber Type
- 1.3.2. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Large Caliber Ammunition Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Large Caliber Ammunition Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing government investments in military infrastructure
- 3.1.2. Advancements in ammunition technology
- 3.1.3. Rising geopolitical tensions and cross-border conflicts
3.2. Market Challenges
- 3.2.1. High cost of advanced ammunition systems
- 3.2.2. Regulatory and compliance issues
3.3. Market Opportunities
- 3.3.1. Development of precision-guided munitions
- 3.3.2. Expansion into emerging markets
- 3.3.3. Collaboration with defense technology firms

Chapter 4. Global Large Caliber Ammunition Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Large Caliber Ammunition Market Size & Forecasts by Caliber Type 2022-2032

5.1. Segment Dashboard
5.2. Global Large Caliber Ammunition Market: Caliber Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. 40-60 mm
- 5.2.2. Above 60 mm

Chapter 6. Global Large Caliber Ammunition Market Size & Forecasts by End User 2022-2032

6.1. Segment Dashboard
6.2. Global Large Caliber Ammunition Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Naval Forces
- 6.2.2. Ground Forces

Chapter 7. Global Large Caliber Ammunition Market Size & Forecasts by Region 2022-2032

7.1. North America Large Caliber Ammunition Market
- 7.1.1. U.S. Large Caliber Ammunition Market
  - 7.1.1.1. Caliber Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. End User breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Large Caliber Ammunition Market
7.2. Europe Large Caliber Ammunition Market
- 7.2.1. U.K. Large Caliber Ammunition Market
- 7.2.2. Germany Large Caliber Ammunition Market
- 7.2.3. France Large Caliber Ammunition Market
- 7.2.4. Spain Large Caliber Ammunition Market
- 7.2.5. Italy Large Caliber Ammunition Market
- 7.2.6. Rest of Europe Large Caliber Ammunition Market
7.3. Asia-Pacific Large Caliber Ammunition Market
- 7.3.1. China Large Caliber Ammunition Market
- 7.3.2. India Large Caliber Ammunition Market
- 7.3.3. Japan Large Caliber Ammunition Market
- 7.3.4. Australia Large Caliber Ammunition Market
- 7.3.5. South Korea Large Caliber Ammunition Market
- 7.3.6. Rest of Asia Pacific Large Caliber Ammunition Market
7.4. Latin America Large Caliber Ammunition Market
- 7.4.1. Brazil Large Caliber Ammunition Market
- 7.4.2. Mexico Large Caliber Ammunition Market
- 7.4.3. Rest of Latin America Large Caliber Ammunition Market
7.5. Middle East & Africa Large Caliber Ammunition Market
- 7.5.1. Saudi Arabia Large Caliber Ammunition Market
- 7.5.2. South Africa Large Caliber Ammunition Market
- 7.5.3. Rest of Middle East & Africa Large Caliber Ammunition Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BAE Systems
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Denel
- 8.3.3. General Dynamics Corporation
- 8.3.4. Nexter Group
- 8.3.5. Rheinmetall AG
- 8.3.6. Northrop Grumman Corporation
- 8.3.7. Global Ordnance
- 8.3.8. Ruag Ammotech
- 8.3.9. Hornady Manufacturing
- 8.3.10. Magtech

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes