Press release
Consolidated Region 30MM Ammunition Market: Strong Growth Fueled by Military Modernization and Geopolitical Dynamics
Consolidated Region 30MM Ammunition Market
What Is The Projected Market Size Of The Global Consolidated Region 30MM Ammunition Market And Its Growth Rate?
• The market grew from $1.95 billion in 2024 to $2.05 billion in 2025, recording a compound annual growth rate (CAGR) of 5.3%.
• Growth factors include military modernization initiatives, regional security concerns, counterterrorism operations, peacekeeping and stability operations, and defense budget allocations.
• The market is projected to escalate to $2.53 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%.
• Geopolitical dynamics, modernization of armed forces, peacekeeping and conflict resolution, shift in military strategies, and collaborative defense initiatives are likely to drive this growth.
What Is Driving The Growth In The Consolidated Region 30MM Ammunition Market?
Rising military spending is a key driver of growth in the consolidated region's 30mm ammunition market. Military expenditures ensure that armed forces can engage targets precisely, effectively, and with substantial firepower, enhancing solider efficiency on the battlefield. Given the predicted increase in military spending, from $36.3 billion in 2022-2023 to $51.0 billion in 2026-2027, according to the Office of the Parliamentary Budget Officer, the demand and market size of 30mm ammunition in the consolidated region are likely to be significantly impacted.
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Who Are the Key Players Driving Consolidated Region 30MM Ammunition Market Growth?
• General Dynamics Corporation
• Northrop Grumman Corporation
• BAE Systems plc
• Thales Group
• Olin Corporation
• Rheinmetall Electronics GmbH
• Elbit Systems Ltd.
• KMW + Nexter Defense Systems N.V.
• Poongsan Corporation
• IMI Systems
• Remington Arms Company LLC
• Nammo AS
• Denel SOC Ltd.
• Nexter Systems
• Fiocchi Munizioni SpA
• Economic Explosives Ltd.
• RUAG Holding AG
• Arsenal JSCo.
• Nammo Lapua Oy
• Rheinmetall Denel Munition (Pty) Ltd.
• Hornady Manufacturing Company
• MSM GROUP s.r.o.
• Mesko SA
• Speer Ammunition
• Norma Precision AB
• CBC Global Ammunition
• CCI Ammunition
• PMC Ammunition Inc.
• Magtech Ammunition Company Inc.
• RWS GmbH
What Are The Key Trends In The Consolidated Region 30MM Ammunition Market?
• Emphasis on environmental sustainability
• Increased collaboration among manufacturers
• Focus on cost-effective solutions
• Adoption of composite materials
• Rise of smart ammunition
What Are The Segments Of The Global Consolidated Region 30MM Ammunition Market?
• By Caliber: 20mm, 25mm, 30mm, 40mm, Other Calibers
• By Ammunition Type: High Explosive Incendiary (HEI), High Explosive Incendiary - Tracer (HEI-T), High Explosive Incendiary Or Tracer - Self Destruct (HEI Or T-S.D), Semi-armor Piercing High Explosive Incendiary-Tracer Or Self Destruct, Other Ammunitions
• By Weapon Type: Autocannon, Rotary Cannon, Naval Gun, Anti-material Gun, Anti-aircraft Gun, Other Weapons
• By Platform: Airborne, Naval, Land
• By Application: Lethal, Non-lethal
Which Region Leads The Consolidated Region 30MM Ammunition Market?
North America was the largest region in the consolidated region 30mm ammunition market in 2024. Other regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Consolidated Region 30MM Ammunition Market Global Market Report?
- Market Size Analysis: Analyze the Consolidated Region 30MM Ammunition Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Consolidated Region 30MM Ammunition Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Consolidated Region 30MM Ammunition Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Consolidated Region 30MM Ammunition Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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