Press release
60-120mm Caliber Ammunition Market Poised for Growth: Advancing Defense Capabilities with Precision and Efficiency
The global 60-120mm Caliber Ammunition market is projected to grow from US$ 423 million in 2024 to US$ 511 million by 2030, at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period.
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Key Players Mentioned in the Global 60-120mm Caliber Ammunition Market Research Report:
BAE Systems
Berlin Security Conference
CSGC
Elbit Systems
General Dynamics
Nammo
Nexter
Northrop Grumman
Rheinmetall
ROMARM
ZEVETA
Market Segmentation
Global 60-120mm Caliber Ammunition Market, Segment by Type
60mm Caliber Ammunition
81mm Caliber Ammunition
120mm Caliber Ammunition
Global 60-120mm Caliber Ammunition Market, Segment by Application
Army
Navy
Air Force
Key Drivers of Growth
1. Rising Defense Expenditure: As governments around the world continue to prioritize national security, defense budgets have steadily increased. The procurement of advanced ammunition systems, including 60-120mm caliber ammunition, is at the forefront of this trend. Countries like the United States, China, and India are leading the charge with substantial investments in military modernization.
2. Technological Advancements: The development of precision-guided ammunition systems has revolutionized modern warfare. Innovations in guided munitions and smart artillery have enhanced the accuracy and lethality of 60-120mm ammunition, making it a valuable asset in various combat scenarios. These technological breakthroughs are expected to fuel market growth.
3. Geopolitical Instabilities: Ongoing geopolitical tensions in regions such as the Middle East, Eastern Europe, and Asia-Pacific have resulted in increased demand for defense capabilities. This has led to higher procurement of advanced ammunition to strengthen the military's preparedness for potential conflicts.
4. Rising Demand for Self-Propelled Artillery: The adoption of self-propelled artillery systems has created a surge in the need for 120mm ammunition. These systems offer mobility and enhanced firepower, providing military forces with a strategic advantage in battlefield scenarios. The trend is likely to continue as nations focus on enhancing their mobile artillery capabilities.
The 60-120mm caliber ammunition market is poised for remarkable growth, driven by technological advancements, rising defense budgets, and geopolitical uncertainties. As nations seek to bolster their defense capabilities with cutting-edge precision ammunition, market participants can capitalize on this trend by focusing on innovation, partnerships, and sustainability. The future of modern warfare will rely heavily on the continued development and deployment of advanced 60-120mm ammunition systems.
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Table of Content
1 Study Coverage
1.1 60-120mm Caliber Ammunition Product Introduction
1.2 Market by Type
1.2.1 Global 60-120mm Caliber Ammunition Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 60mm Caliber Ammunition
1.2.3 81mm Caliber Ammunition
1.2.4 120mm Caliber Ammunition
1.3 Market by Application
1.3.1 Global 60-120mm Caliber Ammunition Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Army
1.3.3 Navy
1.3.4 Air Force
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global 60-120mm Caliber Ammunition Production
2.1 Global 60-120mm Caliber Ammunition Production Capacity (2019-2030)
2.2 Global 60-120mm Caliber Ammunition Production by Region: 2019 VS 2023 VS 2030
2.3 Global 60-120mm Caliber Ammunition Production by Region
2.3.1 Global 60-120mm Caliber Ammunition Historic Production by Region (2019-2024)
2.3.2 Global 60-120mm Caliber Ammunition Forecasted Production by Region (2025-2030)
2.3.3 Global 60-120mm Caliber Ammunition Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global 60-120mm Caliber Ammunition Revenue Estimates and Forecasts 2019-2030
3.2 Global 60-120mm Caliber Ammunition Revenue by Region
3.2.1 Global 60-120mm Caliber Ammunition Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global 60-120mm Caliber Ammunition Revenue by Region (2019-2024)
3.2.3 Global 60-120mm Caliber Ammunition Revenue by Region (2025-2030)
3.2.4 Global 60-120mm Caliber Ammunition Revenue Market Share by Region (2019-2030)
3.3 Global 60-120mm Caliber Ammunition Sales Estimates and Forecasts 2019-2030
3.4 Global 60-120mm Caliber Ammunition Sales by Region
3.4.1 Global 60-120mm Caliber Ammunition Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global 60-120mm Caliber Ammunition Sales by Region (2019-2024)
3.4.3 Global 60-120mm Caliber Ammunition Sales by Region (2025-2030)
3.4.4 Global 60-120mm Caliber Ammunition Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global 60-120mm Caliber Ammunition Sales by Manufacturers
4.1.1 Global 60-120mm Caliber Ammunition Sales by Manufacturers (2019-2024)
4.1.2 Global 60-120mm Caliber Ammunition Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of 60-120mm Caliber Ammunition in 2023
4.2 Global 60-120mm Caliber Ammunition Revenue by Manufacturers
4.2.1 Global 60-120mm Caliber Ammunition Revenue by Manufacturers (2019-2024)
4.2.2 Global 60-120mm Caliber Ammunition Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by 60-120mm Caliber Ammunition Revenue in 2023
4.3 Global 60-120mm Caliber Ammunition Sales Price by Manufacturers (2019-2024)
4.4 Global Key Players of 60-120mm Caliber Ammunition, Industry Ranking, 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global 60-120mm Caliber Ammunition Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of 60-120mm Caliber Ammunition, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of 60-120mm Caliber Ammunition, Product Offered and Application
4.8 Global Key Manufacturers of 60-120mm Caliber Ammunition, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global 60-120mm Caliber Ammunition Sales by Type
5.1.1 Global 60-120mm Caliber Ammunition Historical Sales by Type (2019-2024)
5.1.2 Global 60-120mm Caliber Ammunition Forecasted Sales by Type (2025-2030)
5.1.3 Global 60-120mm Caliber Ammunition Sales Market Share by Type (2019-2030)
5.2 Global 60-120mm Caliber Ammunition Revenue by Type
5.2.1 Global 60-120mm Caliber Ammunition Historical Revenue by Type (2019-2024)
5.2.2 Global 60-120mm Caliber Ammunition Forecasted Revenue by Type (2025-2030)
5.2.3 Global 60-120mm Caliber Ammunition Revenue Market Share by Type (2019-2030)
5.3 Global 60-120mm Caliber Ammunition Price by Type
5.3.1 Global 60-120mm Caliber Ammunition Price by Type (2019-2024)
5.3.2 Global 60-120mm Caliber Ammunition Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global 60-120mm Caliber Ammunition Sales by Application
6.1.1 Global 60-120mm Caliber Ammunition Historical Sales by Application (2019-2024)
6.1.2 Global 60-120mm Caliber Ammunition Forecasted Sales by Application (2025-2030)
6.1.3 Global 60-120mm Caliber Ammunition Sales Market Share by Application (2019-2030)
6.2 Global 60-120mm Caliber Ammunition Revenue by Application
6.2.1 Global 60-120mm Caliber Ammunition Historical Revenue by Application (2019-2024)
6.2.2 Global 60-120mm Caliber Ammunition Forecasted Revenue by Application (2025-2030)
6.2.3 Global 60-120mm Caliber Ammunition Revenue Market Share by Application (2019-2030)
6.3 Global 60-120mm Caliber Ammunition Price by Application
6.3.1 Global 60-120mm Caliber Ammunition Price by Application (2019-2024)
6.3.2 Global 60-120mm Caliber Ammunition Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada 60-120mm Caliber Ammunition Market Size by Type
7.1.1 US & Canada 60-120mm Caliber Ammunition Sales by Type (2019-2030)
7.1.2 US & Canada 60-120mm Caliber Ammunition Revenue by Type (2019-2030)
7.2 US & Canada 60-120mm Caliber Ammunition Market Size by Application
7.2.1 US & Canada 60-120mm Caliber Ammunition Sales by Application (2019-2030)
7.2.2 US & Canada 60-120mm Caliber Ammunition Revenue by Application (2019-2030)
7.3 US & Canada 60-120mm Caliber Ammunition Market Size by Country
7.3.1 US & Canada 60-120mm Caliber Ammunition Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada 60-120mm Caliber Ammunition Revenue by Country (2019-2030)
7.3.3 US & Canada 60-120mm Caliber Ammunition Sales by Country (2019-2030)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe 60-120mm Caliber Ammunition Market Size by Type
8.1.1 Europe 60-120mm Caliber Ammunition Sales by Type (2019-2030)
8.1.2 Europe 60-120mm Caliber Ammunition Revenue by Type (2019-2030)
8.2 Europe 60-120mm Caliber Ammunition Market Size by Application
8.2.1 Europe 60-120mm Caliber Ammunition Sales by Application (2019-2030)
8.2.2 Europe 60-120mm Caliber Ammunition Revenue by Application (2019-2030)
8.3 Europe 60-120mm Caliber Ammunition Market Size by Country
8.3.1 Europe 60-120mm Caliber Ammunition Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe 60-120mm Caliber Ammunition Sales by Country (2019-2030)
8.3.3 Europe 60-120mm Caliber Ammunition Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China 60-120mm Caliber Ammunition Market Size by Type
9.1.1 China 60-120mm Caliber Ammunition Sales by Type (2019-2030)
9.1.2 China 60-120mm Caliber Ammunition Revenue by Type (2019-2030)
9.2 China 60-120mm Caliber Ammunition Market Size by Application
9.2.1 China 60-120mm Caliber Ammunition Sales by Application (2019-2030)
9.2.2 China 60-120mm Caliber Ammunition Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia 60-120mm Caliber Ammunition Market Size by Type
10.1.1 Asia 60-120mm Caliber Ammunition Sales by Type (2019-2030)
10.1.2 Asia 60-120mm Caliber Ammunition Revenue by Type (2019-2030)
10.2 Asia 60-120mm Caliber Ammunition Market Size by Application
10.2.1 Asia 60-120mm Caliber Ammunition Sales by Application (2019-2030)
10.2.2 Asia 60-120mm Caliber Ammunition Revenue by Application (2019-2030)
10.3 Asia 60-120mm Caliber Ammunition Market Size by Region
10.3.1 Asia 60-120mm Caliber Ammunition Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia 60-120mm Caliber Ammunition Revenue by Region (2019-2030)
10.3.3 Asia 60-120mm Caliber Ammunition Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Market Size by Type
11.1.1 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Market Size by Application
11.2.1 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Market Size by Country
11.3.1 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America 60-120mm Caliber Ammunition Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 BAE Systems
12.1.1 BAE Systems Corporation Information
12.1.2 BAE Systems Overview
12.1.3 BAE Systems 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 BAE Systems 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 BAE Systems Recent Developments
12.2 Berlin Security Conference
12.2.1 Berlin Security Conference Corporation Information
12.2.2 Berlin Security Conference Overview
12.2.3 Berlin Security Conference 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Berlin Security Conference 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Berlin Security Conference Recent Developments
12.3 CSGC
12.3.1 CSGC Corporation Information
12.3.2 CSGC Overview
12.3.3 CSGC 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 CSGC 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 CSGC Recent Developments
12.4 Elbit Systems
12.4.1 Elbit Systems Corporation Information
12.4.2 Elbit Systems Overview
12.4.3 Elbit Systems 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Elbit Systems 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Elbit Systems Recent Developments
12.5 General Dynamics
12.5.1 General Dynamics Corporation Information
12.5.2 General Dynamics Overview
12.5.3 General Dynamics 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 General Dynamics 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 General Dynamics Recent Developments
12.6 Nammo
12.6.1 Nammo Corporation Information
12.6.2 Nammo Overview
12.6.3 Nammo 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Nammo 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Nammo Recent Developments
12.7 Nexter
12.7.1 Nexter Corporation Information
12.7.2 Nexter Overview
12.7.3 Nexter 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Nexter 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Nexter Recent Developments
12.8 Northrop Grumman
12.8.1 Northrop Grumman Corporation Information
12.8.2 Northrop Grumman Overview
12.8.3 Northrop Grumman 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Northrop Grumman 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Northrop Grumman Recent Developments
12.9 Rheinmetall
12.9.1 Rheinmetall Corporation Information
12.9.2 Rheinmetall Overview
12.9.3 Rheinmetall 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Rheinmetall 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Rheinmetall Recent Developments
12.10 ROMARM
12.10.1 ROMARM Corporation Information
12.10.2 ROMARM Overview
12.10.3 ROMARM 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 ROMARM 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 ROMARM Recent Developments
12.11 ZEVETA
12.11.1 ZEVETA Corporation Information
12.11.2 ZEVETA Overview
12.11.3 ZEVETA 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 ZEVETA 60-120mm Caliber Ammunition Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 ZEVETA Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 60-120mm Caliber Ammunition Industry Chain Analysis
13.2 60-120mm Caliber Ammunition Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 60-120mm Caliber Ammunition Production Mode & Process
13.4 60-120mm Caliber Ammunition Sales and Marketing
13.4.1 60-120mm Caliber Ammunition Sales Channels
13.4.2 60-120mm Caliber Ammunition Distributors
13.5 60-120mm Caliber Ammunition Customers
14 60-120mm Caliber Ammunition Market Dynamics
14.1 60-120mm Caliber Ammunition Industry Trends
14.2 60-120mm Caliber Ammunition Market Drivers
14.3 60-120mm Caliber Ammunition Market Challenges
14.4 60-120mm Caliber Ammunition Market Restraints
15 Key Findings in the Global 60-120mm Caliber Ammunition Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
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