Global Medium and Large Caliber Ammunitions Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Medium and Large Caliber Ammunitions market size was valued at US$ 17440 million in 2024 and is forecast to a readjusted size of USD 13910 million by 2031 with a CAGR of -8.5% during review period.

Medium and large caliber ammunition is a critical component of modern military arsenals, playing a key role in both strategic and tactical operations. This type of ammunition is essential for a wide range of weaponry, from artillery pieces to rocket-propelled grenades, and is pivotal in ensuring operational effectiveness on the battlefield. The increasing emphasis on precision and technology in military strategies reflects a broader trend towards more sophisticated and capable artillery systems.

Recent conflicts, such as the ongoing Russia-Ukraine war, have underscored the importance of incorporating advanced artillery systems and precision-guided munitions into military arsenals. The lessons learned from these conflicts highlight the need for a judicious mix of rockets and guns, as well as the integration of cutting-edge targeting technologies. These advancements are driving significant changes in military procurement plans and artillery doctrines, aiming to enhance accuracy, reduce collateral damage, and improve overall battlefield transparency.

The global demand for medium and large caliber ammunition is being fueled by heightened geopolitical tensions and ongoing military conflicts across various regions. As countries seek to strengthen their defense capabilities and deter potential adversaries, there is a marked increase in defense spending and the acquisition of advanced munitions. The focus is particularly on long-range artillery systems that can engage targets over extended distances, reflecting the strategic importance of expeditionary warfare and the need for versatile and effective strike capabilities.

In the current market landscape, major players such as Day & Zimmermann, Rheinmetall, and Rostec dominate the production of medium and large caliber ammunition. North America leads as the largest producer, holding a 40% share of the market, followed by Asia-Pacific and Europe. Large caliber ammunition represents the largest segment, accounting for over 80% of the market, with rocket-propelled grenades being the most prominent application, holding a share of over 35%. This segment's growth is driven by the increasing need for powerful and accurate munitions in modern military operations, as well as the development of advanced artillery systems that incorporate precision-guided technology.

Looking forward, the market for medium and large caliber ammunition is expected to continue evolving, with ongoing advancements in technology and increased emphasis on precision and effectiveness. The drive for sovereign ammunition manufacturing and the development of artillery shells with advanced guidance systems are set to shape the future of artillery capabilities. Additionally, the integration of counter-unmanned aerial systems (UAS) technologies into artillery munitions highlights the growing importance of addressing emerging threats in modern warfare. As military forces adapt to these new challenges, the demand for innovative and high-performance ammunition solutions will remain strong, ensuring that medium and large caliber ammunition continues to play a vital role in global defense strategies.

This report is a detailed and comprehensive analysis for global Medium and Large Caliber Ammunitions market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Medium and Large Caliber Ammunitions market size and forecasts, in consumption value ($ Million), sales quantity (million rounds), and average selling prices (USD/round), 2020-2031

Global Medium and Large Caliber Ammunitions market size and forecasts by region and country, in consumption value ($ Million), sales quantity (million rounds), and average selling prices (USD/round), 2020-2031

Global Medium and Large Caliber Ammunitions market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (million rounds), and average selling prices (USD/round), 2020-2031

Global Medium and Large Caliber Ammunitions market shares of main players, shipments in revenue ($ Million), sales quantity (million rounds), and ASP (USD/round), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Medium and Large Caliber Ammunitions

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Medium and Large Caliber Ammunitions market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Northrop Grumman, General Dynamics, Nammo, Nexter, BAE Systems, Poongsan Corporation, Elbit Systems, Day & Zimmermann, Rheinmetall, Rostec, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Medium and Large Caliber Ammunitions market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Medium Caliber Ammunition
Large Caliber Ammunition

Market segment by Application
Small Arms and Light Weapons
Rocket-Propelled Grenade
Tank
Naval Gun
Artillery
Others

Major players covered
Northrop Grumman
General Dynamics
Nammo
Nexter
BAE Systems
Poongsan Corporation
Elbit Systems
Day & Zimmermann
Rheinmetall
Rostec
National Presto
Vista Outdoor
Olin Corporation
Rio Ammunition
Fiocchi
Kent
Sellier & Bellot
Turaç Dış Ticaret
Aguila Ammunition
Nobel Sport
Cheddite
Hornady
Medef Defence
BPS Balıkesir
Ozkursan Ammunition
Hull Cartridge
Challenger
NORINCO
CSGC
Wuhan Guide Infrared

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Medium and Large Caliber Ammunitions product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Medium and Large Caliber Ammunitions, with price, sales quantity, revenue, and global market share of Medium and Large Caliber Ammunitions from 2020 to 2025.

Chapter 3, the Medium and Large Caliber Ammunitions competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Medium and Large Caliber Ammunitions breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Medium and Large Caliber Ammunitions market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Medium and Large Caliber Ammunitions.

Chapter 14 and 15, to describe Medium and Large Caliber Ammunitions sales channel, distributors, customers, research findings and conclusion.