Global Medium and Large Caliber Ammunitions Market Growth 2025-2031

Global Medium and Large Caliber Ammunitions Market Growth 2025-2031

The global Medium and Large Caliber Ammunitions market size is predicted to grow from US$ 22470 million in 2025 to US$ 12770 million in 2031; it is expected to grow at a CAGR of -9.0% from 2025 to 2031.

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.

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

This Insight Report provides a comprehensive analysis of the global Medium and Large Caliber Ammunitions 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 Medium and Large Caliber Ammunitions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medium and Large Caliber Ammunitions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medium and Large Caliber Ammunitions 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 Medium and Large Caliber Ammunitions.

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

Segmentation by Type:
Medium Caliber Ammunition
Large Caliber Ammunition

Segmentation by Application:
Small Arms and Light Weapons
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.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medium and Large Caliber Ammunitions market?

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

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

How do Medium and Large Caliber Ammunitions market opportunities vary by end market size?

How does Medium and Large Caliber Ammunitions break out by Type, by Application?

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