FEATURED COMPANIES
- BAE Systems
- Day & Zimmermann
- Elbit Systems Ltd.
- Leonardo S.p.a
- Nammo AS
- Poongsan Corporation
- MORE
Global Large Caliber Ammunition Market Forecast, 2018-2023
The global large caliber ammunition industry analysis highlights that the market reported a revenue of $5.11 billion in 2018 and is expected to witness a CAGR of 4.07%, during the forecast period 2018-2023.
The large caliber ammunition industry in the recent years has underwent the development of ammunition of different calibers for military applications. Large caliber ammunition is mostly used in defense industry with size of caliber ranging from 50mm to 240mm.
Many companies have introduced a variety of large caliber ammunition with different specifications such as high explosive, target practice tracer, armor piercing, high explosive dual purpose, high explosive dual purpose with self-destruction, anti-personnel tracer and target practice marker, among others. All such large caliber ammunition rounds have multiple uses in military industry as per their specifications depending on the projectile types.
Expert Quote on the Global Large Caliber Ammunition Market
“North America is one of the most prominent regions for the growth of the global large caliber ammunition market. In 2018, North America dominated the global large caliber ammunition market with the U.S. acquiring the maximum market share, globally. However, the geographical analysis of this market unveils an immense potential for growth in the Asia-Pacific region. China acquired the largest market share and is expected to witness the highest growth rate in this region during the forecast period 2018-2023. Similarly, the European market is also likely to witness numerous growth opportunities during the forecast period 2018-2023”
Scope of the Market Intelligence on Global Large Caliber Ammunition Market
The study examines the prime supply-side factors, which affect the large caliber ammunition market growth, along with the current and future trends, market drivers, restraints, and challenges prevalent in the global large caliber ammunition market.
A detailed market share analysis has been included in this report which focuses on the key market developments and strategies, followed by the top players in the market. Additionally, a market share analysis diagram has been included in the existing study to analyze the competitive strength of the players in the global large caliber ammunition market.
Market Segmentation
The large caliber ammunition market is classified into various caliber types such as artillery ammunition (155mm, 105mm, and others), tank ammunition (120mm, 105mm, and others), mortar ammunition (60mm, 81mm, 120mm, and others), and naval ammunition (57mm, 76mm, 127mm).
North America, followed by Europe, Asia-Pacific, and Rest-of-the-World, acquired the largest share of the global large caliber ammunition market. The U.S. is the prominent country in North America for the development of the large caliber ammunition market. The U.S. dominated the overall market of the large caliber ammunition in the year 2018. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period 2018-2023. In Europe, the U.K. is one of the most prominent countries which is currently focusing on the deployment of large caliber ammunition. Some of the other prominent countries include Germany and France.
The Asia-Pacific region majorly consists of China, South Korea, Japan, and India in the large caliber ammunition market. Currently, China has the largest share of the large caliber ammunition market and is expected to grow at the highest rate in the Asia-Pacific region during the forecast period.
Key Companies Operating in the Large Caliber Ammunition Market
Key companies highlighted in the profile section of the report provides a detailed analysis of the 15 key players in the global large caliber ammunition market, including BAE Systems, Elbit Systems, General Dynamics Ordnance and Tactical Systems, Denel SOC Ltd, Global Ordnance, MAXAMCorp Holding, S.L., Nammo AS, NEXTER Group, Northrop Grumman Corporation, Poongsan Corporation, Rheinmetall Defense, RUAG Group, Saab AB, Singapore Technologies Engineering, and Thales Group, among others. This section covers business financials, key products and services, major developments, future programs (if any), and the individual SWOT analysis.
Key Questions Answered in the Report:
- What is the value registered by the global large caliber market in 2018 and where is it expected to reach by the end of 2023?
- What are the major technological trends in the global large caliber ammunition market across different regions?
- What are the major driving forces that tend to increase the demand for the global large caliber ammunition market during the forecast period 2018-2023?
- What are the major market challenges, and opportunities in the global large caliber ammunition market?
- How much revenue is expected to be generated by
- Different types of caliber, such as land ammunition and naval ammunition, during the forecast period from 2018 to 2023?
- Different regions of the market, such as North America, Europe, APAC, and Rest-of-the-World (ROW), during the forecast period?
- Who are the key players present in the global large caliber ammunition market?
- What are the new strategies adopted by the existing market players to make a mark in the industry?
- What is the competitive strength of the key leading players in the global large caliber ammunition market?
Enterprisewide customers will receive an Excel spreadsheet containing additional data.
FEATURED COMPANIES
- BAE Systems
- Day & Zimmermann
- Elbit Systems Ltd.
- Leonardo S.p.a
- Nammo AS
- Poongsan Corporation
- MORE
Executive Summary
1 Market Dynamics
1.1 Market Drivers
1.1.1 Terrorism Activities and Political Unrest Across Various Regions
1.1.2 Increase in Defense Expenditure
1.2 Market Challenges
1.2.1 Toxic Propellants Causing Environmental Issues
1.2.2 Government Restrictions on Procurement Procedure
1.3 Market Opportunity
1.3.1 Growing Demand in Non-U.S. and Non-European Markets
2 Competitive Insights
2.1 Key Strategies and Developments
2.1.1 Partnerships, Agreements, and Contracts
2.1.2 Product Launches
2.1.3 Mergers and Acquisitions
2.1.4 Other Developments
2.2 Competitive Benchmarking
2.3 Market Share Analysis
3 Industry Analysis
3.1 Overview
3.2 Key Trends and Technologies in Global Large Caliber Ammunition Market
3.3 Porter’s Five Forces Analysis
3.3.1 Threat of New Entrants:
3.3.1.1 Threat from Substitute Products or Services:
3.3.1.2 Bargaining Power of Suppliers:
3.3.1.3 Bargaining Power of Buyer:
3.3.1.4 Intensity of Competitive Rivalry:
3.4 Supply Chain Analysis
3.5 Leading Companies and Products
4 Global Large Caliber Ammunition Market, 2018 to 2023
4.1 Assumptions and Limitations
4.2 Market Overview
5 Global Large Caliber Ammunition Market (by Caliber Type)
5.1 Market Overview
5.2 Land Ammunition
5.2.1 Artillery Ammunition Market
5.2.1.1 155mm Caliber
5.2.1.2 105mm Caliber
5.2.1.3 Others
5.2.2 Tank Ammunition Market
5.2.2.1 120mm Caliber
5.2.2.2 105mm Caliber
5.2.2.3 Others
5.2.3 Mortar Ammunition Market
5.2.3.1 60mm Caliber
5.2.3.2 81mm Caliber
5.2.3.3 120mm Caliber
5.2.3.4 Others
5.3 Naval Ammunition
5.3.1 Naval Ammunition Market
5.3.1.1 57mm Caliber
5.3.1.2 76mm Caliber
5.3.1.3 127mm Caliber
6 Global Large Caliber Ammunition Market (by Region)
6.1 Market Overview
6.2 North America
6.2.1 North America Large Caliber Ammunition Market (by Caliber Type)
6.2.2 North America Large Caliber Ammunition Market (by Country)
6.2.2.1 The U.S.
6.2.2.2 Canada
6.2.2.3 Rest-of-North America
6.3 Europe
6.3.1 Europe Large Caliber Ammunition Market (by Caliber Type)
6.3.2 Europe Large Caliber Ammunition Market (by Country)
6.3.2.1 The U.K.
6.3.2.2 France
6.3.2.3 Germany
6.3.2.4 Italy
6.3.2.5 Russia
6.3.2.6 Rest-of-Europe
6.4 Asia-Pacific
6.4.1 Asia-Pacific Large Caliber Ammunition Market (by Caliber Type)
6.4.2 Asia-Pacific Large Caliber Ammunition Market (by Country)
6.4.2.1 China
6.4.2.2 India
6.4.2.3 Japan
6.4.2.4 South Korea
6.4.2.5 Rest-of-Asia-Pacific
6.5 Rest-of-the-World
6.5.1 Rest-of-the-World Large Caliber Ammunition Market (by Caliber Type)
6.5.2 Rest-of-the-World Large Caliber Ammunition Market (by Region)
6.5.2.1 Latin America
6.5.2.2 Middle East
6.5.2.3 Africa
7 Company Profiles
7.1 Overview
7.2 BAE Systems
7.2.1 Company Overview
7.2.2 Role of BAE Systems in Large Caliber Ammunition Market
7.2.3 Products and Services
7.2.4 Financials
7.2.5 Key Insights About Financial Health of the Company
7.2.6 SWOT Analysis
7.3 Denel SOC Ltd
7.3.1 Company Overview
7.3.2 Role of Denel SOC Ltd in Large Caliber Ammunition Market
7.3.3 Products and Services
7.3.4 Financials
7.3.5 Key Insights About Financial Health of the Company
7.3.6 SWOT Analysis
7.4 Elbit Systems Ltd.
7.4.1 Company Overview
7.4.2 Role of Elbit Systems Ltd. in Large Caliber Ammunition Market
7.4.3 Products and Services
7.4.4 Financials
7.4.5 Key Insights About Financial Health of the Company
7.4.6 SWOT Analysis
7.5 General Dynamics Ordnance and Tactical Systems, Inc.
7.5.1 Company Overview
7.5.2 Role of General Dynamics Ordnance and Tactical Systems, Inc. in Large Caliber Ammunition Market
7.5.3 Products and Services
7.5.4 SWOT Analysis
7.6 Global Ordnance
7.6.1 Company Overview
7.6.2 Role of Global Ordnance in Large Caliber Ammunition Market
7.6.3 Products and Services
7.6.4 SWOT Analysis
7.7 MAXAMCorp Holding S.L.
7.7.1 Company Overview
7.7.2 Role of MAXAMCorp Holding S.L. in Large Caliber Ammunition Market
7.7.3 Products and Services
7.7.4 SWOT Analysis
7.8 Nammo AS
7.8.1 Company Overview
7.8.2 Role of Nammo AS in Large Caliber Ammunition Market
7.8.3 Products and Services
7.8.4 Financials
7.8.5 Key Insights About Financial Health of the Company
7.8.6 SWOT Analysis
7.9 Nexter Group
7.9.1 Company Overview
7.9.2 Role of Nexter Group in Large Caliber Ammunition Market
7.9.3 Products and Services
7.9.4 SWOT Analysis
7.10 Northrop Grumman Corporation
7.10.1 Company Overview
7.10.2 Role of Northrop Grumman Corporation in Large Caliber Ammunition Market
7.10.3 Products and Services
7.10.4 Financials
7.10.5 Key Insights About Financial Health of the Company
7.10.6 SWOT Analysis
7.11 Poongsan Corporation
7.11.1 Company Overview
7.11.2 Role of Poongsan Corporation in Large Caliber Ammunition Market
7.11.3 Products and Services
7.11.4 SWOT Analysis
7.12 Rheinmetall AG
7.12.1 Company Overview
7.12.2 Role of Rheinmetall AG in Large Caliber Ammunition Market
7.12.3 Products and Services
7.12.4 Financials
7.12.5 Key Insights About Financial Health of the Company
7.12.6 SWOT Analysis
7.13 RUAG Group
7.13.1 Company Overview
7.13.2 Role of RUAG Group in Large Caliber Ammunition Market
7.13.3 Products and Services
7.13.4 Financials
7.13.5 Key Insights About Financial Health of the Company
7.13.6 SWOT Analysis
7.14 Saab AB
7.14.1 Company Overview
7.14.2 Role of Saab AB in Large Caliber Ammunition Market
7.14.3 Products and Services
7.14.4 Financials
7.14.5 Key Insights About Financial Health of the Company
7.14.6 SWOT Analysis
7.15 Singapore Technologies Engineering Ltd.
7.15.1 Company Overview
7.15.2 Role of Singapore Technologies Engineering Ltd in Large Caliber Ammunition Market
7.15.3 Products and Services
7.15.4 Financials
7.15.5 Key Insights About Financial Health of the Company
7.15.6 SWOT Analysis
7.16 Thales Group
7.16.1 Company Overview
7.16.2 Role of Thales Group in Large Caliber Ammunition Market
7.16.3 Products and Services
7.16.4 Financials
7.16.5 Key Insights About Financial Health of the Company
7.16.6 SWOT Analysis
7.17 Other Key Players
7.17.1 Leonardo S.p.a
7.17.2 Day & Zimmermann
7.17.3 Radyne Corporation
7.17.4 Chemring Group PLC
8 Research Scope and Methodology
8.1 Scope of the Report
8.2 Global Large Caliber Ammunition Market Research Methodology
List of Tables
Table 1: Global Large Caliber Ammunition Market, 2017 and 2023
Table 1.1: Impact Analysis of Market Drivers
Table 1.2: Impact Analysis of Market Challenges
Table 1.3: The U.S. Military Budget, 2016-2019
Table 2.1: Partnerships, Agreements, and Contracts, (January 2015 - December 2018)
Table 2.2: Product Launches, (January 2015 - December 2018)
Table 2.3: Mergers and Acquisitions, (January 2015 - December 2018)
Table 2.4: Other Developments, (January 2015 - December 2018)
Table 3.1: Technologies in Large Caliber Ammunition Market
Table 3.2: Key Trends in Global Large Caliber Ammunition Market
Table 3.3: Analyzing Threat from New Entrants in Global Large Caliber Ammunition Market
Table 3.4: Analyzing Threat from Substitute Products in Global Large Caliber Ammunition Market
Table 3.5: Analyzing Bargaining Power of Suppliers in Global Large Caliber Ammunition Market
Table 3.6: Analyzing Bargaining Power of Buyers in Global Large Caliber Ammunition Market
Table 3.7: Analyzing Intensity of Competitive Rivalry in Global Large Caliber Ammunition Market
Table 3.8: Products and Applications Overview
Table 5.1: Large Caliber Ammunition Market (by Caliber Type), 2017-2023
Table 5.2: Global Large Caliber Ammunition Market (by Artillery Ammunition), 2017-2023
Table 5.3: 155mm Caliber Cartridges
Table 5.4: 105mm Caliber Cartridges
Table 5.5: Global Large Caliber Ammunition Market (by Tank Ammunition), 2017-2023
Table 5.6: 120mm HESH Caliber Cartridges
Table 5.7: 105mm HESH Caliber Cartridges
Table 5.8: Global Large Caliber Ammunition Market (by Mortar Ammunition), 2017-2023
Table 5.9: 60mm Caliber Cartridges
Table 5.10: 81mm Caliber Cartridges
Table 5.11: 120mm HE Caliber Cartridges
Table 5.12: Global Large Caliber Ammunition Market (by Naval Ammunition), 2017-2023
Table 5.13: 57mm Caliber Cartridges
Table 5.14: 76mm Caliber Cartridges
Table 5.15: 127mm Caliber Cartridges
Table 6.1: Global Large Caliber Ammunition Market (by Region), 2017-2023
Table 6.1: North America Large Caliber Ammunition Market (by Caliber Type), 2017-2023
Table 6.2: Ammunition and Prices, 2018
Table 6.3: Europe Large Caliber Ammunition Market (by Caliber Type), 2017-2023
Table 6.4: Asia-Pacific Large Caliber Ammunition Market (by Caliber Type), 2017-2023,
Table 6.5: Rest-of-the-World Large Caliber Ammunition Market (by Caliber Type), 2017-2023
List of Figures
Figure 1: Global Large Caliber Ammunition Market, Value ($Billion), 2017-2023
Figure 2: Global Large Caliber Ammunition Market (by Caliber Type), 2018 and 2023
Figure 3: Global Large Caliber Ammunition Market (by Region), 2017
Figure 1.1: Market Dynamics Snapshot
Figure 1.2: Global Defense Expenditure (by Country), 2017
Figure 2.1: Key Strategies Adopted by Market Players
Figure 2.2: Percentage Share of Strategies Adopted by the Market Players, January 2015 - December 2018
Figure 2.3: Competitive Benchmarking, 2018
Figure 2.4: Market Share Analysis, 2018
Figure 3.1: Industry Insights
Figure 3.2: Porter’s Five Forces Analysis of Global Large Caliber Ammunition Industry, 2018
Figure 3.3: Supply Chain Analysis
Figure 4.1: Global Large Caliber Ammunition Market, 2017-2023
Figure 5.1: Classification of Large Caliber Ammunition Market (by Caliber Type)
Figure 5.2: Global Large Caliber Ammunition Market (by Caliber Type), 2018 and 2023
Figure 5.3: Global Large Caliber Ammunition Market (by 155mm), 2017-2023
Figure 5.4: Global Large Caliber Ammunition Market (by 105mm), 2017-2023
Figure 5.5: Global Large Caliber Ammunition Market (by Others), 2017-2023
Figure 5.6: Global Large Caliber Ammunition Market (by 120mm), 2017-2023
Figure 5.7: Global Large Caliber Ammunition Market (by 105mm), 2017-2023
Figure 5.8: Global Large Caliber Ammunition Market (by Others), 2017-2023
Figure 5.9: Global Large Caliber Ammunition Market (by 60mm), 2017-2023
Figure 5.10: Global Large Caliber Ammunition Market (by 81mm), 2017-2023
Figure 5.11: Global Large Caliber Ammunition Market (by 120mm), 2017-2023
Figure 5.12: Global Large Caliber Ammunition Market (by Others), 2017-2023
Figure 5.13: Global Large Caliber Ammunition Market (by 57mm), 2017-2023
Figure 5.14: Global Large Caliber Ammunition Market (by 76mm), 2017-2023
Figure 5.15: Global Large Caliber Ammunition Market (by 127mm), 2017-2023
Figure 6.1: Classification of Large Caliber Ammunition Market (by Region)
Figure 6.2: Regional Distribution of the Global Large Caliber Ammunition Market, 2017 and 2023
Figure 6.3: North America Large Caliber Ammunition Market (by Country), 2018 and 2023
Figure 6.4: The U.S. Large Caliber Ammunition Market, ($Billion), 2017 – 2023
Figure 6.5: The Canada Large Caliber Ammunition Market, 2017 – 2023
Figure 6.6: The Rest-of-North America Large Caliber Ammunition Market, 2017 – 2023
Figure 6.7: Europe Large Caliber Ammunition Market (by Country), 2018 and 2023
Figure 6.8: The U.K. Large Caliber Ammunition Market, 2017 – 2023
Figure 6.9: France Large Caliber Ammunition Market, 2017 – 2023
Figure 6.10: Germany Large Caliber Ammunition Market, 2017 – 2023
Figure 6.11: Italy Large Caliber Ammunition Market, 2017 – 2023
Figure 6.12: Russia Large Caliber Ammunition Market, 2017 – 2023
Figure 6.13: Rest-of-Europe Large Caliber Ammunition Market, 2017 – 2023
Figure 6.14: Asia-Pacific Large Caliber Ammunition Market (by Country), 2018 and 2023
Figure 6.15: China Large Caliber Ammunition Market, 2017 – 2023
Figure 6.16: India Large Caliber Ammunition Market, 2017 – 2023
Figure 6.17: Japan Large Caliber Ammunition Market, 2017 – 2023
Figure 6.18: South Korea Large Caliber Ammunition Market, 2017 – 2023
Figure 6.19: Rest-of-Asia-Pacific Large Caliber Ammunition Market, 2017 – 2023
Figure 6.20: Rest-of-the-World Large Caliber Ammunition Market (by Region), 2018 and 2023
Figure 6.21: Latin America Large Caliber Ammunition Market, 2017 – 2023
Figure 6.22: Middle East Large Caliber Ammunition Market, 2017 – 2023
Figure 6.23: Africa Large Caliber Ammunition Market, 2017 – 2023
Figure 7.1: Share of Key Company Profiles
Figure 7.2: Products Offerings
Figure 7.3: BAE Systems: Financials, 2015-2017
Figure 7.4: BAE Systems: Business Revenue Mix, 2015-2017
Figure 7.5: BAE Systems: Region Revenue Mix, 2015-2017
Figure 7.6: BAE Systems: R&D Expenditure, 2015-2017
Figure 7.7: SWOT Analysis – BAE Systems
Figure 7.8: Products Offerings
Figure 7.9: Denel SOC Ltd: Financials, 2015-2017
Figure 7.10: Denel SOC Ltd: Business Revenue Mix, 2015-2017
Figure 7.11: Denel SOC Ltd: Region Revenue Mix, 2015-2017
Figure 7.12: Denel SOC Ltd: R&D Expenditure, 2015-2017
Figure 7.13: SWOT Analysis – Denel Land Systems
Figure 7.14: Products Offerings
Figure 7.15: Elbit Systems Ltd. - Financials, 2015-2017
Figure 7.16: Elbit Systems Ltd. - Business Revenue Mix, 2015-2017
Figure 7.17 Elbit Systems Ltd.: Region Revenue Mix, 2015-2017
Figure 7.18: Elbit Systems Ltd.: R&D Expenditure, 2015-2017
Figure 7.19: SWOT Analysis – Elbit Systems Ltd.
Figure 7.20: Product Offerings
Figure 7.21: SWOT Analysis – General Dynamics Ordnance and Tactical Systems, Inc.
Figure 7.22: Product Offerings
Figure 7.23: SWOT Analysis – Global Ordnance
Figure 7.24: Product Offerings
Figure 7.25: SWOT Analysis – MAXAMCorp Holding S.L.
Figure 7.26: Product Offerings
Figure 7.27: Nammo AS - Financials, 2015-2017
Figure 7.28: Nammo AS: Region Revenue Mix, 2015-2017
Figure 7.29: Nammo AS: R&D Expenditure, 2015-2017
Figure 7.30: SWOT Analysis – Nammo AS
Figure 7.31: Product Offerings
Figure 7.32: SWOT Analysis – Nexter Group
Figure 7.33: Product Offerings
Figure 7.34: Northrop Grumman Corporation - Financials, 2015-2017
Figure 7.35: Northrop Grumman Corporation - Business Revenue Mix, 2015-2017
Figure 7.36 Northrop Grumman Corporation - Region Revenue Mix, 2015-2017
Figure 7.37: Northrop Grumman Corporation - R&D Expenditure, 2015-2017
Figure 7.38: SWOT Analysis – Northrop Grumman Corporation
Figure 7.39: Product Offerings
Figure 7.40: SWOT Analysis – Poongsan Corporation
Figure 7.41: Product Offerings
Figure 7.42: Rheinmetall AG - Financials, 2015-2017
Figure 7.43: Rheinmetall AG - Business Revenue Mix, 2015-2017
Figure 7.44: Rheinmetall AG: R&D Expenditure, 2015-2017
Figure 7.45: SWOT Analysis – Rheinmetall AG
Figure 7.46: Product Offerings
Figure 7.47: RUAG Group - Financials, 2015-2017
Figure 7.48: RUAG Group - Business Revenue Mix, 2015-2017
Figure 7.49 RUAG Group: Region Revenue Mix, 2015-2017
Figure 7.50: RUAG Group: R&D Expenditure, 2015-2017
Figure 7.51: SWOT Analysis – RUAG Group
Figure 7.52: Product Offerings
Figure 7.53: Saab AB - Financials, 2015-2017
Figure 7.54: Saab AB - Business Revenue Mix, 2015-2017
Figure 7.55: Saab AB: Region Revenue Mix, 2015-2017
Figure 7.56: Saab AB: R&D Expenditure, 2015-2017
Figure 7.57: SWOT Analysis – Saab AB
Figure 7.58: Product Offerings
Figure 7.59: Singapore Technologies Engineering Ltd - Financials, 2015-2017
Figure 7.60: Singapore Technologies Engineering Ltd - Business Revenue Mix, 2015-2017
Figure 7.61: Singapore Technologies Engineering Ltd: Region Revenue Mix, 2015-2017
Figure 7.62: Singapore Technologies Engineering Ltd: R&D Expenditure, 2015-2017
Figure 7.63: SWOT Analysis – Singapore Technologies Engineering Ltd
Figure 7.64: Title Missing
Figure 7.65: Thales Group - Financials, 2015-2017
Figure 7.66: Thales Group - Business Revenue Mix, 2015-2017
Figure 7.67: Thales Group: Region Revenue Mix, 2015-2017
Figure 7.68: Thales Group: R&D Expenditure, 2015-2017
Figure 7.69: SWOT Analysis – Thales Group
Figure 8.1: Global Large Caliber Ammunition Market Scope
Figure 8.2: Research Design and Flow
Figure 8.3: Secondary Data Sources
Figure 8.4: Data Triangulation
Figure 8.5: Top-Down and Bottom-up Approach
Figure 8.6: Global Large Caliber Ammunition Market: Influencing Factors
Figure 8.7: Assumptions and Limitations
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FEATURED COMPANIES
- BAE Systems
- Day & Zimmermann
- Elbit Systems Ltd.
- Leonardo S.p.a
- Nammo AS
- Poongsan Corporation
- MORE
According to a new market intelligence report titled "Global Large Caliber Ammunition Market - Analysis and Forecast, 2018-2023", the growing demand for ammunition in emerging countries (such as Asia-Pacific, Middle East, and Africa) is likely to increase the opportunities for large caliber ammunition players across military. The global large caliber ammunition market has gained immense importance in military applications for use against terrorist groups and enemy forces. Furthermore, companies are introducing latest technology weapons for the large caliber ammunition market that is gaining importance among defense end users due to various advantages of enhanced lethality. Many defense forces across the world have engaged in contracts with various leading manufacturers for the production of the specific range of large caliber ammunition.
According to the analysis, the global large caliber ammunition market was estimated to be approximately $5.11 billion in 2018.
The global large caliber ammunition market is categorized on the basis of caliber type that includes three land-based ammunition such as artillery ammunition (155mm, 120mm, and others), tank ammunition (120mm, 105mm, and others), and mortar ammunition (60mm, 81mm, 120mm, and others) and naval-based ammunition (76mm, 127mm, and 57mm). The 155mm artillery ammunition acquired the largest share in 2018. Moreover, the 105mm artillery ammunition is expected to grow at the highest CAGR of 4.26% during the forecast period 2018-2023.
According to Surabhi Gupta, Research Associate, “North America is one of the most prominent regions for the growth of the global large caliber ammunition market. In 2018, North America dominated the global large caliber ammunition market with the U.S. acquiring the maximum market share, globally. However, the geographical analysis of this market unveils an immense potential for growth in the Asia-Pacific region. China acquired the largest market share and is expected to witness the highest growth rate in this region during the forecast period 2018-2023. Similarly, the European market is also likely to witness numerous growth opportunities during the forecast period 2018-2023.”
The market report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and technological developments. It also includes a competitive analysis of the leading players in the industry, including corporate overview, financial summary, and SWOT analysis. The overall market has been segmented by caliber types. The report also includes a comprehensive section on the geographical analysis including country analysis for more than 10 countries.
This report is a meticulous compilation of research on more than 50 players in the large caliber ammunition ecosystem and draws upon the insights from in-depth interviews with the key opinion leaders of the leading companies, market participants, and vendors. The report covers the profile analysis of around 15 companies which includes BAE Systems, Elbit Systems, General Dynamics Ordnance and Tactical Systems, Denel SOC Ltd, Global Ordnance, MAXAMCorp Holding, S.L., Nammo AS, NEXTER Group, Northrop Grumman Corporation, Poongsan Corporation, Rheinmetall Defense, RUAG Group, Saab AB, Singapore Technologies Engineering, and Thales Group, among others.
Key questions answered in the report:
- What are the major technological trends in the global large caliber ammunition market across different regions?
- What are the major driving forces that tend to increase the demand for the global large caliber ammunition market during the forecast period 2018-2023?
- What are the major market drivers, challenges, and opportunities in the global large caliber ammunition market?
- What was the market revenue generated by the caliber type in 2017, and what will be the estimate by 2023 in the global large caliber ammunition market?
- Who are the key players in the global large caliber ammunition market?
- What are the new strategies adopted by the existing market players to make a mark in the industry?
- What are the major growth opportunities for the large caliber companies in the next five years?
- What is the competitive strength of the key leading players in the global large caliber ammunition market?
- BAE Systems
- Chemring Group PLC
- Day & Zimmermann
- Denel SOC Ltd
- Elbit Systems Ltd.
- General Dynamics Ordnance and Tactical Systems, Inc.
- Global Ordnance
- Leonardo S.p.a
- MAXAMCorp Holding S.L.
- Nammo AS
- Nexter Group
- Northrop Grumman Corporation
- Poongsan Corporation
- RUAG Group
- Radyne Corporation
- Rheinmetall AG
- Saab AB
- Singapore Technologies Engineering Ltd.
- Thales Group
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