Global Large Caliber Ammunition Market Growth 2025-2031

The global Large Caliber Ammunition market size is predicted to grow from US$ 21110 million in 2025 to US$ 11240 million in 2031; it is expected to grow at a CAGR of -10.0% from 2025 to 2031.

Large caliber ammunition refers to high-caliber munitions used in artillery systems, including tanks, howitzers, and self-propelled guns. These munitions are designed to deliver powerful explosive impacts over long distances, and are integral to modern military strategies. Recent conflicts, such as the Russia-Ukraine war and various regional disputes, have highlighted the importance of advanced artillery capabilities in contemporary warfare. Military forces worldwide are increasingly investing in large caliber ammunition to enhance their firepower and operational effectiveness.

The ongoing geopolitical tensions and military conflicts are driving up demand for large caliber ammunition. Countries are bolstering their defense budgets and procuring advanced munitions to fortify their national security and counter potential threats. The emphasis on long-range artillery systems capable of striking targets over extended distances reflects a shift towards expeditionary warfare and the need to engage adversaries across broad operational areas. This trend underscores the critical role of large caliber ammunition in modern military arsenals.

There is also a growing focus on incorporating precision-guided technologies into large caliber ammunition. The development of artillery shells with precision guidance systems aims to improve accuracy, minimize collateral damage, and increase the effectiveness of artillery strikes. Additionally, the rise of unmanned aerial systems (UAS) has spurred demand for munitions with non-lethal and counter-UAS capabilities, which can neutralize hostile drones while reducing the risk of collateral damage. This trend highlights the need for innovative solutions to address evolving threats and maintain tactical superiority in diverse combat scenarios.

The ongoing conflict in Ukraine has underscored the strategic importance of artillery in modern warfare, emphasizing the need for both traditional and advanced large caliber ammunition. This conflict has demonstrated the value of a balanced artillery inventory, including a judicious mix of rockets and guns, to address various combat scenarios. As a result, military forces are focusing on acquiring precision-targeting weapon systems and niche technologies to enhance their artillery capabilities and ensure robust battlefield transparency.

The push for sovereign ammunition manufacturing capabilities is driven by the critical role that artillery platforms and munitions play in current and future conflicts. The ongoing demand for artillery ammunition, as seen in the Ukraine-Russia war, highlights its significance as a key capability on the battlefield. This has led to increased defense spending and a heightened focus on developing and producing advanced artillery shells that incorporate precision guidance and counter-UAS features to adapt to the changing nature of warfare.

The market for large caliber ammunition is also evolving with technological advancements aimed at improving operational effectiveness. The integration of precision-guided systems in artillery shells is becoming a standard to enhance accuracy and reduce collateral damage. Additionally, the growing proliferation of unmanned aerial systems (UAS) has driven the development of munitions with capabilities to neutralize drones and other aerial threats. This ongoing innovation reflects a broader trend towards enhancing the effectiveness of large caliber ammunition to meet contemporary military challenges and operational needs.

LP Information, Inc. (LPI) ' newest research report, the “Large Caliber Ammunition Industry Forecast” looks at past sales and reviews total world Large Caliber Ammunition sales in 2024, providing a comprehensive analysis by region and market sector of projected Large Caliber Ammunition sales for 2025 through 2031. With Large Caliber Ammunition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Large Caliber Ammunition industry.

This Insight Report provides a comprehensive analysis of the global Large Caliber Ammunition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Large Caliber Ammunition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Large Caliber Ammunition market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Large Caliber Ammunition and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Large Caliber Ammunition.

This report presents a comprehensive overview, market shares, and growth opportunities of Large Caliber Ammunition market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Large Caliber Ammunition (40-110 mm)
Large Caliber Ammunition (115-125 mm)
Large Caliber Ammunition (130-155 mm)

Segmentation by Application:
Rocket-Propelled Grenade
Tank
Naval Gun
Artillery
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Dynamics
Nammo
Nexter
BAE Systems
Elbit Systems
Day & Zimmermann
Rheinmetall
Rostec
NORINCO
Australian Munitions

Key Questions Addressed in this Report

What is the 10-year outlook for the global Large Caliber Ammunition market?

What factors are driving Large Caliber Ammunition market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Large Caliber Ammunition market opportunities vary by end market size?

How does Large Caliber Ammunition break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.