The Mortar Ammunition Market is estimated at US$4.5 billion in 2026 and is projected to grow at a CAGR of 4.4% to reach US$6.4 billion by 2034.
Relevant uses and settings include infantry fire support, expeditionary operations, border security, training exercises, rapid response missions, and tactical battlefield engagement. Commercial considerations include export controls, safety regulation, procurement dependence on defense budgets, and supply chain sensitivity for energetic materials and components.
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Market Overview
The Mortar Ammunition Market covers ammunition systems designed for indirect fire support through mortar platforms used in military ground operations across diverse terrains and combat scenarios.Relevant uses and settings include infantry fire support, expeditionary operations, border security, training exercises, rapid response missions, and tactical battlefield engagement. Commercial considerations include export controls, safety regulation, procurement dependence on defense budgets, and supply chain sensitivity for energetic materials and components.
Key Companies Analysed
- BAE Systems
- General Dynamics
- Rheinmetall
- Northrop Grumman
- Elbit Systems
- Saab
- Nexter
- Nammo
- RUAG Ammotec
- Expal Systems
- ST Engineering
- Hanwha Aerospace
- MKE
- KDI Precision Products
- MESKO
- Arsenal JSCo
- Poongsan
- Czechoslovak Group
- Day & Zimmermann
- Denel
Geographic Coverage
- North America - Market data and outlook to 2034
- United States
- Canada
- Mexico
- Europe - Market data and outlook to 2034
- Germany
- United Kingdom
- France
- Italy
- Spain
- Netherlands
- Switzerland
- Poland
- Sweden
- Russia
- Asia-Pacific - Market data and outlook to 2034
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Malaysia
- Vietnam
- Middle East and Africa - Market data and outlook to 2034
- Saudi Arabia
- South Africa
- Iran
- UAE
- Egypt
- South and Central America - Market data and outlook to 2034
- Brazil
- Argentina
- Chile
- Peru
Report Delivery and Support
- Updated PDF report and an MS Excel workbook containing market tables and figures.
- 7-day post-sale analyst support for clarifications and in-scope supplementary data.
- Complimentary report update covering the latest available data and relevant market developments.
This product will be delivered within 1-3 business days.
Table of Contents
1. Contents and Report Guide
2. Global Mortar Ammunition Market Overview
3. Mortar Ammunition Market Dynamics
4. Mortar Ammunition Market Strategic Analysis
5. Global Mortar Ammunition Market Size, Share and Forecast, 2025-2034
6. North America Mortar Ammunition Market Outlook to 2034
7. Europe Mortar Ammunition Market Outlook to 2034
8. Asia-Pacific Mortar Ammunition Market Outlook to 2034
9. Middle East and Africa Mortar Ammunition Market Outlook to 2034
10. South and Central America Mortar Ammunition Market Outlook to 2034
11. Mortar Ammunition Market Competitive Landscape
12. Appendix
Companies Mentioned
- BAE Systems
- General Dynamics
- Rheinmetall
- Northrop Grumman
- Elbit Systems
- Saab
- Nexter
- Nammo
- RUAG Ammotec
- Expal Systems
- ST Engineering
- Hanwha Aerospace
- MKE
- KDI Precision Products
- MESKO
- Arsenal JSCo
- Poongsan
- Czechoslovak Group
- Day & Zimmermann
- Denel
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 160 |
| Published | October 2026 |
| Forecast Period | 2026 - 2034 |
| Estimated Market Value ( USD | $ 4.5 Billion |
| Forecasted Market Value ( USD | $ 6.4 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
