What are the major opportunities in the Artillery Ammunition market? What are the strategies for the Artillery Ammunition market?

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How does the Artillery Ammunition market relate to the overall economy and other similar markets?

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What are the key dynamics influencing the Artillery Ammunition market growth? SWOT analysis of the Artillery Ammunition market.

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Global Artillery Ammunition Market Report 2025

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Artillery Ammunition Global Market Report 2025

Name: Artillery Ammunition Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Ammunition Type (High Explosive Ammunition, Armor-Piercing Ammunition, Training Ammunition, Illumination Ammunition, Smoke Ammunition), By Component (Fuses, Primers, Propellants, Projectiles, Other Components), By Application (Land Forces, Naval Forces, Air Forces, Special Forces), By End-User (Military, Law Enforcement, Other End-Users) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Artillery Ammunition Market Overview

• Artillery Ammunition market size has reached to $5.29 billion in 2024

• Expected to grow to $6.94 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%

• Growth Driver: Rising Defense Expenditure Fueling The Growth Of The Market Due To Increasing Investment In Modernization And Advanced Weaponry

• Market Trend: Advanced Electronic Programmable Artillery Fuze System To Boost Precision And Flexibility

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Artillery Ammunition Market?

Artillery ammunition refers to large-caliber munitions specifically designed to be launched from heavy military weapons such as howitzers, cannons, and field guns, primarily used in land-based warfare. It plays a crucial role in delivering sustained and long-range firepower, enabling armed forces to suppress, neutralize, or destroy enemy targets across wide battlefield areas.

The main types of ammunition in artillery ammunition are high explosive ammunition, armor-piercing ammunition, training ammunition, illumination ammunition, and smoke ammunition. High explosive ammunition contains a powerful chemical charge that detonates on impact or after a set time, creating a large explosion and sending fragments in all directions to damage targets over a wide area. It includes various components, such as fuses, primers, Propellants, projectiles, and others, used for various applications, such as land forces, naval forces, air forces, and special forces. It serves a range of end users, including military, law enforcement, and others.

Artillery Ammunition Market Size and growth rate 2025 to 2029: Graph

What Is The Artillery Ammunition Market Size 2025 And Growth Rate?

The artillery ammunition market size has grown strongly in recent years. It will grow from $5.29 billion in 2024 to $5.60 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to increasing cross-border tensions, rising demand for modernization of military forces, a rise in asymmetric warfare, increasing defense budgets globally, and a rising need for long-range precision strike capabilities.

What Is The Artillery Ammunition Market Growth Forecast?

The artillery ammunition market size is expected to see strong growth in the next few years. It will grow to $6.94 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to growing demand for precision-guided munitions, increasing military investments, rising geopolitical conflicts, expanding joint military exercises, and growing focus on indigenous ammunition production. Major trends in the forecast period include advancements in smart artillery shells, advanced propulsion technologies for extended range, the development of modular ammunition systems, innovation in guided artillery munitions, and advanced automation in artillery fire control systems.

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What’s The Trade War Impact On Aerospace And Defense Industry?

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

How is the Artillery Ammunition Market Segmented?

1) By Ammunition Type: High Explosive Ammunition, Armor-Piercing Ammunition, Training Ammunition, Illumination Ammunition, Smoke Ammunition

2) By Component: Fuses, Primers, Propellants, Projectiles, Other Components

3) By Application: Land Forces, Naval Forces, Air Forces, Special Forces

4) By End-User: Military, Law Enforcement, Other End-Users

Subsegments:

1) By High Explosive Ammunition: High-Explosive (HE) Fragmentation Shells, High-Explosive Anti-Tank (HEAT) Shells, High-Explosive Squash Head (HESH) Shells

2) By Armor-Piercing Ammunition: Armor-Piercing Fin-Stabilized Discarding Sabot (APFSDS), Armor-Piercing Capped (APC), Armor-Piercing High-Explosive (APHE)

3) By Training Ammunition: Inert Practice Rounds, Reduced Range Practice Ammunition, Target Practice With Tracer (TP-T)

4) By Illumination Ammunition: White Light Illumination Rounds, Infrared (IR) Illumination Rounds, Multispectral Illumination Rounds

5) By Smoke Ammunition: White Phosphorus Smoke Rounds, Hexachloroethane (HC) Smoke Rounds, Colored Smoke Rounds

What Is Driving The Artillery Ammunition Market? Rising Defense Expenditure Fueling The Growth Of The Market Due To Increasing Investment In Modernization And Advanced Weaponry

The rising defense expenditure is expected to propel the growth of the artillery ammunition market going forward. Defense expenditure refers to the government’s spending on military forces, including costs for personnel, equipment, operations, and defense infrastructure to ensure national security. Defense expenditure is rising as countries invest heavily in modernizing their armed forces with advanced technologies such as AI, autonomous weapons, and cyber defense systems to stay ahead in modern warfare. Defense expenditure is useful for artillery ammunition as it provides the necessary funding for research, development, production, and procurement of advanced artillery shells and fuze systems, enhancing the firepower, precision, and overall effectiveness of military forces. For instance, in May 2025, according to the House of Commons of the United Kingdom, a UK-based governing body, defense spending is projected to reach approximately $72.2 billion (£56.9 billion) in 2024/25 and rise further to around $75.9 billion (£59.8 billion) in 2025/26, reflecting an average annual real-terms growth rate of 2.4% between 2023/24 and 2025/26. Therefore, the rising defense expenditure is driving the growth of the artillery ammunition industry.

Who Are The Major Players In The Global Artillery Ammunition Market?

Major Companies operating in the artillery ammunition market are RTX Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems Public Limited Company, Thales S.A., Leonardo Società per Azioni, Textron Inc., Singapore Technologies Engineering Ltd, Rheinmetall AG, Elbit Systems Ltd., Hanwha Aerospace Co. Ltd., Saab Aktiebolag, Diehl Defence GmbH & Co. KG, Poongsan Corporation, Nammo AS, Denel SOC Ltd, Arsenal Joint Stock Company, Nexter Systems S.A., MESKO Spólka Akcyjna, Hirtenberger Defence Systems GmbH & Co KG.

What Are The Key Trends Of The Global Artillery Ammunition Market? Advanced Electronic Programmable Artillery Fuze System To Boost Precision And Flexibility

Major companies operating in the artillery ammunition market are focusing on developing technologically advanced solutions, such as electronic programmable artillery fuzes, to enhance the precision, flexibility, and effectiveness of firepower. Electronic programmable artillery fuzes refer to advanced fuse systems that can be electronically set before firing to control the timing and mode of detonation, enhancing the accuracy and effectiveness of artillery rounds. For instance, in June 2024, KMW+Nexter Defense Systems, a Netherlands-based defense industry company, unveiled a new programmable artillery fuze system consisting of two electronic programmable fuzes and a lightweight, handheld inductive fuze setter. This system allows artillery crews to quickly and securely program fuzes just before firing, enabling multiple detonation modes such as airburst, point detonation, and delay for maximum operational flexibility and safety. The fuzes are designed for use with various calibers of artillery ammunition and are compliant with NATO standards, enhancing both the effectiveness and adaptability of modern artillery forces.

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What Are Latest Mergers And Acquisitions In The Artillery Ammunition Market? Rheinmetall Acquires Expal Systems To Strengthen Programmable Ammunition And Defense Capabilities

In August 2023, Rheinmetall AG, a Germany-based defense and automotive technology company, acquired Expal Systems for $1.38 billion. Through this acquisition, Rheinmetall aims to secure and strengthen its core business in weapons, ammunition, and propellants by expanding production capacity and broadening its product portfolio to meet growing global demand for military equipment. Expal Systems is a Spain-based ammunition and armament manufacturer that specializes in artillery ammunition, mortars, and medium calibers.

What Is The Regional Outlook For The Global Artillery Ammunition Market?

North America was the largest region in the artillery ammunition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Artillery Ammunition Market?

The artillery ammunition market consists of sales of training shells, cluster ammunition, incendiary shells, gas shells, and incendiary ammunition. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Artillery Ammunition Industry?

The artillery ammunition market research report is one of a series of new reports from The Business Research Company that provides market statistics, including artillery ammunition industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the artillery ammunition industry. This artillery ammunition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Artillery Ammunition Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$5.60 billion
Revenue Forecast In 2034	$6.94 billion
Growth Rate	CAGR of 5.5% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	Product, Material Type, Application, Distribution Channel, End User, Urinary Catheter, Non-Implanting Electric Stimulation Devices, Protective Garments, Urine Bag, Bowel Management Products, Other Products
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	RTX Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems Public Limited Company, Thales S.A., Leonardo Società per Azioni, Textron Inc., Singapore Technologies Engineering Ltd, Rheinmetall AG, Elbit Systems Ltd., Hanwha Aerospace Co. Ltd., Saab Aktiebolag, Diehl Defence GmbH & Co. KG, Poongsan Corporation, Nammo AS, Denel SOC Ltd, Arsenal Joint Stock Company, Nexter Systems S.A., MESKO Spólka Akcyjna, Hirtenberger Defence Systems GmbH & Co KG.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Artillery Ammunition Market Characteristics

3. Artillery Ammunition Market Trends And Strategies

4. Artillery Ammunition Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Artillery Ammunition Growth Analysis And Strategic Analysis Framework

5.1. Global Artillery Ammunition PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Artillery Ammunition Market Growth Rate Analysis

5.4. Global Artillery Ammunition Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Artillery Ammunition Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Artillery Ammunition Total Addressable Market (TAM)

6. Artillery Ammunition Market Segmentation

6.1. Global Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

High Explosive Ammunition

Armor-Piercing Ammunition

Training Ammunition

Illumination Ammunition

Smoke Ammunition

6.2. Global Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Fuses

Primers

Propellants

Projectiles

Other Components

6.3. Global Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Land Forces

Naval Forces

Air Forces

Special Forces

6.4. Global Artillery Ammunition Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Military

Law Enforcement

Other End-Users

6.5. Global Artillery Ammunition Market, Sub-Segmentation Of High Explosive Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

High-Explosive (HE) Fragmentation Shells

High-Explosive Anti-Tank (HEAT) Shells

High-Explosive Squash Head (HESH) Shells

6.6. Global Artillery Ammunition Market, Sub-Segmentation Of Armor-Piercing Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Armor-Piercing Fin-Stabilized Discarding Sabot (APFSDS)

Armor-Piercing Capped (APC)

Armor-Piercing High-Explosive (APHE)

6.7. Global Artillery Ammunition Market, Sub-Segmentation Of Training Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Inert Practice Rounds

Reduced Range Practice Ammunition

Target Practice With Tracer (TP-T)

6.8. Global Artillery Ammunition Market, Sub-Segmentation Of Illumination Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

White Light Illumination Rounds

Infrared (IR) Illumination Rounds

Multispectral Illumination Rounds

6.9. Global Artillery Ammunition Market, Sub-Segmentation Of Smoke Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

White Phosphorus Smoke Rounds

Hexachloroethane (HC) Smoke Rounds

Colored Smoke Rounds

7. Artillery Ammunition Market Regional And Country Analysis

7.1. Global Artillery Ammunition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Artillery Ammunition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Artillery Ammunition Market

8.1. Asia-Pacific Artillery Ammunition Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Artillery Ammunition Market

9.1. China Artillery Ammunition Market Overview

9.2. China Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Artillery Ammunition Market

10.1. India Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Artillery Ammunition Market

11.1. Japan Artillery Ammunition Market Overview

11.2. Japan Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Artillery Ammunition Market

12.1. Australia Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Artillery Ammunition Market

13.1. Indonesia Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Artillery Ammunition Market

14.1. South Korea Artillery Ammunition Market Overview

14.2. South Korea Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Artillery Ammunition Market

15.1. Western Europe Artillery Ammunition Market Overview

15.2. Western Europe Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Artillery Ammunition Market

16.1. UK Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Artillery Ammunition Market

17.1. Germany Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Artillery Ammunition Market

18.1. France Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Artillery Ammunition Market

19.1. Italy Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Artillery Ammunition Market

20.1. Spain Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Artillery Ammunition Market

21.1. Eastern Europe Artillery Ammunition Market Overview

21.2. Eastern Europe Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Artillery Ammunition Market

22.1. Russia Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Artillery Ammunition Market

23.1. North America Artillery Ammunition Market Overview

23.2. North America Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Artillery Ammunition Market

24.1. USA Artillery Ammunition Market Overview

24.2. USA Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Artillery Ammunition Market

25.1. Canada Artillery Ammunition Market Overview

25.2. Canada Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Artillery Ammunition Market

26.1. South America Artillery Ammunition Market Overview

26.2. South America Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Artillery Ammunition Market

27.1. Brazil Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Artillery Ammunition Market

28.1. Middle East Artillery Ammunition Market Overview

28.2. Middle East Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Artillery Ammunition Market

29.1. Africa Artillery Ammunition Market Overview

29.2. Africa Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Artillery Ammunition Market Competitive Landscape And Company Profiles

30.1. Artillery Ammunition Market Competitive Landscape

30.2. Artillery Ammunition Market Company Profiles

30.2.1. RTX Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. General Dynamics Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Northrop Grumman Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.4. BAE Systems Public Limited Company Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Thales S.A. Overview, Products and Services, Strategy and Financial Analysis

31. Artillery Ammunition Market Other Major And Innovative Companies

31.1. Leonardo Società per Azioni

31.2. Textron Inc.

31.3. Singapore Technologies Engineering Ltd

31.4. Rheinmetall AG

31.5. Elbit Systems Ltd.

31.6. Hanwha Aerospace Co. Ltd.

31.7. Saab Aktiebolag

31.8. Diehl Defence GmbH & Co. KG

31.9. Poongsan Corporation

31.10. Nammo AS

31.11. Denel SOC Ltd

31.12. Arsenal Joint Stock Company

31.13. Nexter Systems S.A.

31.14. MESKO Spólka Akcyjna

31.15. Hirtenberger Defence Systems GmbH & Co KG

32. Global Artillery Ammunition Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Artillery Ammunition Market

34. Recent Developments In The Artillery Ammunition Market

35. Artillery Ammunition Market High Potential Countries, Segments and Strategies

35.1 Artillery Ammunition Market In 2029 - Countries Offering Most New Opportunities

35.2 Artillery Ammunition Market In 2029 - Segments Offering Most New Opportunities

35.3 Artillery Ammunition Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Artillery Ammunition Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Artillery Ammunition Market, Sub-Segmentation Of High Explosive Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Artillery Ammunition Market, Sub-Segmentation Of Armor-Piercing Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Artillery Ammunition Market, Sub-Segmentation Of Training Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Artillery Ammunition Market, Sub-Segmentation Of Illumination Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Artillery Ammunition Market, Sub-Segmentation Of Smoke Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Artillery Ammunition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Artillery Ammunition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: RTX Corporation Financial Performance

Table 81: General Dynamics Corporation Financial Performance

Table 82: Northrop Grumman Corporation Financial Performance

Table 83: BAE Systems Public Limited Company Financial Performance

Table 84: Thales S.A. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Artillery Ammunition Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Artillery Ammunition Market, Sub-Segmentation Of High Explosive Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Artillery Ammunition Market, Sub-Segmentation Of Armor-Piercing Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Artillery Ammunition Market, Sub-Segmentation Of Training Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Artillery Ammunition Market, Sub-Segmentation Of Illumination Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Artillery Ammunition Market, Sub-Segmentation Of Smoke Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Artillery Ammunition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Artillery Ammunition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Artillery Ammunition Market, Segmentation By Ammunition Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Artillery Ammunition Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Artillery Ammunition Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: RTX Corporation Financial Performance

Figure 81: General Dynamics Corporation Financial Performance

Figure 82: Northrop Grumman Corporation Financial Performance

Figure 83: BAE Systems Public Limited Company Financial Performance

Figure 84: Thales S.A. Financial Performance

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Frequently Asked Questions

What is the definition of the Artillery Ammunition market?

How will the Artillery Ammunition market drivers and restraints affect the market dynamics? What forces will shape the Artillery Ammunition industry going forward?

The Artillery Ammunition market major growth driver - Rising Defense Expenditure Fueling The Growth Of The Market Due To Increasing Investment In Modernization And Advanced Weaponry. For further insights on the Artillery Ammunition market, request a sample here

What is the forecast market size or the forecast market value of the Artillery Ammunition market?

The Artillery Ammunition market size has grown strongly in recent years. The artillery ammunition market size has grown strongly in recent years. It will grow from $5.29 billion in 2024 to $5.60 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to increasing cross-border tensions, rising demand for modernization of military forces, a rise in asymmetric warfare, increasing defense budgets globally, and a rising need for long-range precision strike capabilities. The artillery ammunition market size is expected to see strong growth in the next few years. It will grow to $6.94 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to growing demand for precision-guided munitions, increasing military investments, rising geopolitical conflicts, expanding joint military exercises, and growing focus on indigenous ammunition production. Major trends in the forecast period include advancements in smart artillery shells, advanced propulsion technologies for extended range, the development of modular ammunition systems, innovation in guided artillery munitions, and advanced automation in artillery fire control systems. For further insights on the Artillery Ammunition market, request a sample here

How is the Artillery Ammunition market segmented?

The artillery ammunition market covered in this report is segmented –
1) By Ammunition Type: High Explosive Ammunition, Armor-Piercing Ammunition, Training Ammunition, Illumination Ammunition, Smoke Ammunition
2) By Component: Fuses, Primers, Propellants, Projectiles, Other Components
3) By Application: Land Forces, Naval Forces, Air Forces, Special Forces
4) By End-User: Military, Law Enforcement, Other End-Users Subsegments:
1) By High Explosive Ammunition: High-Explosive (HE) Fragmentation Shells, High-Explosive Anti-Tank (HEAT) Shells, High-Explosive Squash Head (HESH) Shells
2) By Armor-Piercing Ammunition: Armor-Piercing Fin-Stabilized Discarding Sabot (APFSDS), Armor-Piercing Capped (APC), Armor-Piercing High-Explosive (APHE)
3) By Training Ammunition: Inert Practice Rounds, Reduced Range Practice Ammunition, Target Practice With Tracer (TP-T)
4) By Illumination Ammunition: White Light Illumination Rounds, Infrared (IR) Illumination Rounds, Multispectral Illumination Rounds
5) By Smoke Ammunition: White Phosphorus Smoke Rounds, Hexachloroethane (HC) Smoke Rounds, Colored Smoke Rounds For further insights on the Artillery Ammunition market, request a sample here

Which region has the largest share of the Artillery Ammunition market? What are the other regions covered in the report?

North America was the largest region in the artillery ammunition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artillery ammunition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Artillery Ammunition market, request a sample here.

Who are the major players in the Artillery Ammunition market?

What are the key trends in the Artillery Ammunition market?

Major trends in the Artillery Ammunition market include Advanced Electronic Programmable Artillery Fuze System To Boost Precision And Flexibility. For further insights on the Artillery Ammunition market, request a sample here.