Global Artillery Ammunition Market (2025-2031) | Value, Competition, Analysis, Forecast, Challenges, Consumer Insights, Demand, Companies, Revenue, Size, Drivers, Growth, Opportunities, Segmentation, Investment Trends, Industry, Trends, Supply, Segments, Competitive, Restraints, Share, Pricing Analysis, Strategic Insights, Outlook, Strategy

Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Caliber (Below 120 Mm, 120 Mm & Above) And Competitive Landscape
Product Code: ETC13248120 Publication Date: Apr 2025 Updated Date: Jul 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 190 No. of Figures: 80 No. of Tables: 40

Global Artillery Ammunition Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Global Artillery Ammunition Market was valued at USD 6.5 Billion in 2024 and is expected to reach USD 8.9 Billion by 2031, growing at a compound annual growth rate of 8.63% during the forecast period (2025-2031).

Global Artillery Ammunition Market Overview

The Global Artillery Ammunition Market is projected to witness significant growth in the coming years, driven by increasing defense budgets, growing military modernization programs, and rising geopolitical tensions worldwide. The market encompasses various types of artillery ammunition, including shells, rockets, and missiles, designed for use in artillery systems such as howitzers and mortars. Key trends shaping the market include a shift towards precision-guided munitions, advancements in technology leading to enhanced range and accuracy, and the development of smart and sensor-fused projectiles. Major players in the market are investing in research and development activities to introduce innovative ammunition solutions, while governments are focusing on enhancing their artillery capabilities to address evolving security challenges. North America and Europe are expected to remain key regions driving market growth, followed by Asia Pacific and the Middle East.

Global Artillery Ammunition Market Trends and Opportunities

The Global Artillery Ammunition Market is experiencing growth due to increasing defense budgets of various countries, particularly in regions like the Middle East and Asia-Pacific. Technological advancements in artillery systems, such as smart and precision-guided munitions, are driving the demand for modern artillery ammunition. The market is also witnessing a shift towards the development of lightweight and compact ammunition to improve mobility and operational flexibility for military forces. Additionally, there is a growing focus on the development of environmentally friendly and sustainable ammunition options. Opportunities in the market include collaborations between defense contractors and ammunition manufacturers to innovate and develop new products, as well as expanding market presence in emerging economies with growing defense capabilities.

Global Artillery Ammunition Market Challenges

The Global Artillery Ammunition Market faces several challenges, including the high cost of advanced ammunition systems, which can limit procurement by smaller defense budgets. Additionally, stringent regulations on the export and import of artillery ammunition can hinder market growth and increase the complexity of international trade. Technological advancements in countermeasures and defense systems also pose a challenge, as they necessitate continuous innovation in artillery ammunition to maintain effectiveness on the battlefield. Moreover, the environmental impact of ammunition disposal and the push for more sustainable practices in defense operations present a growing concern for market players. Overall, navigating these challenges requires market players to invest in research and development, maintain compliance with regulations, and adapt to evolving threats and requirements in the defense sector.

Global Artillery Ammunition Market Drivers

The Global Artillery Ammunition Market is primarily driven by increasing military spending by various countries to strengthen their defense capabilities. The growing number of conflicts and geopolitical tensions around the world have further fueled the demand for artillery ammunition. Technological advancements in artillery systems, leading to the development of more accurate and efficient ammunition, are also driving market growth. Additionally, the shift towards precision-guided munitions and the modernization of existing artillery systems are key factors influencing the market. Furthermore, the rise in asymmetric warfare and the need for advanced ammunition for counter-terrorism operations are expected to drive the market in the coming years.

Global Artillery Ammunition Market Government Policy

Government policies related to the Global Artillery Ammunition Market primarily focus on regulations surrounding the production, sale, and export of such military equipment. These policies aim to ensure the safe and responsible use of artillery ammunition, prevent unauthorized proliferation, and maintain national security interests. Governments often impose strict licensing requirements for manufacturers and exporters, as well as guidelines for the storage and transportation of ammunition. Additionally, some countries have restrictions on the types of artillery ammunition that can be bought or sold, especially when it comes to high-explosive or advanced weaponry. Compliance with international arms control agreements and arms trade regulations also play a crucial role in shaping government policies in the Global Artillery Ammunition Market.

Global Artillery Ammunition Market Future Outlook

The Global Artillery Ammunition Market is expected to witness steady growth in the coming years, driven by increasing defense budgets, modernization programs, and ongoing conflicts around the world. The market is likely to be propelled by advancements in artillery technology, such as precision-guided munitions, smart artillery systems, and increased range capabilities. Additionally, the demand for artillery ammunition is anticipated to rise due to the focus on enhancing firepower capabilities and improving operational effectiveness. Factors such as geopolitical tensions, territorial disputes, and the need for military modernization are expected to further bolster the growth of the Global Artillery Ammunition Market, with key players investing in research and development to offer innovative solutions to meet evolving defense requirements.

Global Artillery Ammunition Market Regional Insights

The Global Artillery Ammunition Market showcases varying regional dynamics. Asia is expected to dominate the market due to increased defense spending by countries such as China and India. North America is a key player with a focus on modernizing its artillery systems. Europe is experiencing growth driven by the NATO`s initiatives for collective defense. The Middle East and Africa region is witnessing a surge in demand due to ongoing conflicts and security threats. Latin America is also a notable market with countries like Brazil investing in artillery modernization programs. Overall, the global artillery ammunition market is diverse, with different regions experiencing growth opportunities driven by defense priorities and geopolitical factors.

Key Highlights of the Report:

  • Global Artillery Ammunition Market Outlook
  • Market Size of Global Artillery Ammunition Market, 2024
  • Forecast of Global Artillery Ammunition Market, 2031
  • Historical Data and Forecast of Global Artillery Ammunition Revenues & Volume for the Period 2021 - 2031
  • Global Artillery Ammunition Market Trend Evolution
  • Global Artillery Ammunition Market Drivers and Challenges
  • Global Artillery Ammunition Price Trends
  • Global Artillery Ammunition Porter's Five Forces
  • Global Artillery Ammunition Industry Life Cycle
  • Historical Data and Forecast of Global Artillery Ammunition Market Revenues & Volume
  • Historical Data and Forecast of Global Artillery Ammunition Market Revenues & Volume By Caliber for the Period 2021 - 2031
  • Historical Data and Forecast of Global Artillery Ammunition Market Revenues & Volume By Below 120 Mm for the Period 2021 - 2031
  • Historical Data and Forecast of Global Artillery Ammunition Market Revenues & Volume By 120 Mm & Above for the Period 2021 - 2031
  • Historical Data and Forecast of North America Artillery Ammunition Market Revenues & Volume By Caliber for the Period 2021 - 2031
  • Historical Data and Forecast of North America Artillery Ammunition Market Revenues & Volume By Below 120 Mm for the Period 2021 - 2031
  • Historical Data and Forecast of North America Artillery Ammunition Market Revenues & Volume By 120 Mm & Above for the Period 2021 - 2031
  • Historical Data and Forecast of United States of America Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of North America Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Artillery Ammunition Market Revenues & Volume By Caliber for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Artillery Ammunition Market Revenues & Volume By Below 120 Mm for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Artillery Ammunition Market Revenues & Volume By 120 Mm & Above for the Period 2021 - 2031
  • Historical Data and Forecast of Brazil Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Argentina Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of LATAM Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Artillery Ammunition Market Revenues & Volume By Caliber for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Artillery Ammunition Market Revenues & Volume By Below 120 Mm for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Artillery Ammunition Market Revenues & Volume By 120 Mm & Above for the Period 2021 - 2031
  • Historical Data and Forecast of China Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of India Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Japan Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Asia Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Artillery Ammunition Market Revenues & Volume By Caliber for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Artillery Ammunition Market Revenues & Volume By Below 120 Mm for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Artillery Ammunition Market Revenues & Volume By 120 Mm & Above for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Egypt Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Artillery Ammunition Market Revenues & Volume By Caliber for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Artillery Ammunition Market Revenues & Volume By Below 120 Mm for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Artillery Ammunition Market Revenues & Volume By 120 Mm & Above for the Period 2021 - 2031
  • Historical Data and Forecast of United Kingdom Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of France Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Germany Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Europe Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Artillery Ammunition Market Revenues & Volume By Caliber for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Artillery Ammunition Market Revenues & Volume By Below 120 Mm for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Artillery Ammunition Market Revenues & Volume By 120 Mm & Above for the Period 2021 - 2031
  • Historical Data and Forecast of Saudi Arabia Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of UAE Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Middle East Artillery Ammunition Market Revenues & Volume for the Period 2021 - 2031
  • Global Artillery Ammunition Market - Key Performance Indicators
  • Global Artillery Ammunition Market - Import Export Trade Statistics
  • Global Artillery Ammunition Market - Opportunity Assessment By Countries
  • Global Artillery Ammunition Market - Opportunity Assessment By Caliber
  • 0
  • Global Artillery Ammunition Market - Top Companies Market Share
  • Global Artillery Ammunition Market - Top Companies Profiles
  • Global Artillery Ammunition Market - Comparison of Players in Technical and Operating Parameters
  • Global Artillery Ammunition Market - Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

The Global Artillery Ammunition Market size was valued USD 6.5 Billion in 2024 and is projected to reach USD 8.9 Billion by 2031.
The expected growth rate of the Global Artillery Ammunition Market is 8.63% during the forecast period.
6Wresearch actively monitors the Global Artillery Ammunition Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Global Artillery Ammunition Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Global Artillery Ammunition Market

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Global Artillery Ammunition Market Overview

3.1 Global Regional Macro Economic Indicators

3.2 Global Artillery Ammunition Market Revenues & Volume, 2021 & 2031F

3.3 Global Artillery Ammunition Market - Industry Life Cycle

3.4 Global Artillery Ammunition Market - Porter's Five Forces

3.5 Global Artillery Ammunition Market Revenues & Volume Share, By Regions, 2021 & 2031F

3.6 Global Artillery Ammunition Market Revenues & Volume Share, By Caliber, 2021 & 2031F

4 Global Artillery Ammunition Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Global Artillery Ammunition Market Trends

6 Global Artillery Ammunition Market, 2021 - 2031

6.1 Global Artillery Ammunition Market, Revenues & Volume, By Caliber, 2021 - 2031

6.1.1 Overview & Analysis

6.1.2 Global Artillery Ammunition Market, Revenues & Volume, By Below 120 Mm, 2021 - 2031

6.1.3 Global Artillery Ammunition Market, Revenues & Volume, By 120 Mm & Above, 2021 - 2031

6.2.1 Overview & Analysis

6.3.1 Overview & Analysis

7 North America Artillery Ammunition Market, Overview & Analysis

7.1 North America Artillery Ammunition Market Revenues & Volume, 2021 - 2031

7.2 North America Artillery Ammunition Market, Revenues & Volume, By Countries, 2021 - 2031

7.2.1 United States (US) Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

7.2.2 Canada Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

7.2.3 Rest of North America Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

7.3 North America Artillery Ammunition Market, Revenues & Volume, By Caliber, 2021 - 2031

8 Latin America (LATAM) Artillery Ammunition Market, Overview & Analysis

8.1 Latin America (LATAM) Artillery Ammunition Market Revenues & Volume, 2021 - 2031

8.2 Latin America (LATAM) Artillery Ammunition Market, Revenues & Volume, By Countries, 2021 - 2031

8.2.1 Brazil Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

8.2.2 Mexico Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

8.2.3 Argentina Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

8.2.4 Rest of LATAM Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

8.3 Latin America (LATAM) Artillery Ammunition Market, Revenues & Volume, By Caliber, 2021 - 2031

9 Asia Artillery Ammunition Market, Overview & Analysis

9.1 Asia Artillery Ammunition Market Revenues & Volume, 2021 - 2031

9.2 Asia Artillery Ammunition Market, Revenues & Volume, By Countries, 2021 - 2031

9.2.1 India Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

9.2.2 China Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

9.2.3 Japan Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

9.2.4 Rest of Asia Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

9.3 Asia Artillery Ammunition Market, Revenues & Volume, By Caliber, 2021 - 2031

10 Africa Artillery Ammunition Market, Overview & Analysis

10.1 Africa Artillery Ammunition Market Revenues & Volume, 2021 - 2031

10.2 Africa Artillery Ammunition Market, Revenues & Volume, By Countries, 2021 - 2031

10.2.1 South Africa Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

10.2.2 Egypt Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

10.2.3 Nigeria Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

10.2.4 Rest of Africa Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

10.3 Africa Artillery Ammunition Market, Revenues & Volume, By Caliber, 2021 - 2031

11 Europe Artillery Ammunition Market, Overview & Analysis

11.1 Europe Artillery Ammunition Market Revenues & Volume, 2021 - 2031

11.2 Europe Artillery Ammunition Market, Revenues & Volume, By Countries, 2021 - 2031

11.2.1 United Kingdom Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

11.2.2 Germany Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

11.2.3 France Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

11.2.4 Rest of Europe Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

11.3 Europe Artillery Ammunition Market, Revenues & Volume, By Caliber, 2021 - 2031

12 Middle East Artillery Ammunition Market, Overview & Analysis

12.1 Middle East Artillery Ammunition Market Revenues & Volume, 2021 - 2031

12.2 Middle East Artillery Ammunition Market, Revenues & Volume, By Countries, 2021 - 2031

12.2.1 Saudi Arabia Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

12.2.2 UAE Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

12.2.3 Turkey Artillery Ammunition Market, Revenues & Volume, 2021 - 2031

12.3 Middle East Artillery Ammunition Market, Revenues & Volume, By Caliber, 2021 - 2031

13 Global Artillery Ammunition Market Key Performance Indicators

14 Global Artillery Ammunition Market - Export/Import By Countries Assessment

15 Global Artillery Ammunition Market - Opportunity Assessment

15.1 Global Artillery Ammunition Market Opportunity Assessment, By Countries, 2021 & 2031F

15.2 Global Artillery Ammunition Market Opportunity Assessment, By Caliber, 2021 & 2031F

16 Global Artillery Ammunition Market - Competitive Landscape

16.1 Global Artillery Ammunition Market Revenue Share, By Companies, 2024

16.2 Global Artillery Ammunition Market Competitive Benchmarking, By Operating and Technical Parameters

17 Top 10 Company Profiles

18 Recommendations

19 Disclaimer

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