According to Gen Consulting Company, the global large caliber ammunition market is set to achieve an incremental growth of USD 1.3 billion, acelerating at a CAGR of almost 3.8% during the forecast period 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the caliber type, and region. The global market data on large caliber ammunition can be segmented by caliber type: land ammunition, naval ammunition. In 2021, the land ammunition segment made up the largest share of revenue generated by the large caliber ammunition market. Large caliber ammunition market is further segmented by region: Asia Pacific, Europe, North America, Rest of the World (RoW).

The land ammunition market is further segmented into artillery ammunition, mortar ammunition, tank ammunition. Among these, the artillery ammunition segment was accounted for the highest revenue generator in 2021.

The global large caliber ammunition market is highly competitive. Top players covered in Global Large Caliber Ammunition Market Study are BAE Systems plc, Denel SOC Ltd., Elbit Systems Ltd., General Dynamics Corporation, KNDS - KMW+NEXTER Defense Systems N.V., Leonardo S.p.a., MaxamCorp Holding S.L., Nammo AS, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rheinmetall Ag, RUAG AG, Saab Ab.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.


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