Europe & CIS Large Caliber Ammunition Market to Grow with a CAGR of 8.20% through 2030
Rising defense budgets, increasing cross-border tensions,
and growing investments in military modernization programs are the factors
driving the market in the forecast period 2026–2030.
According to TechSci Research report, “Europe &
CIS Large Caliber Ammunition Market – By Country, Competition,
Opportunities and Forecast, 2020-2030F”, The Europe & CIS
Large Caliber Ammunition Market was valued at USD 843.96 Million in 2024 and is
expected to reach USD 1354.21 Million by 2030 with a CAGR of 8.20% during the
forecast period.
The Europe & CIS large caliber ammunition market is
undergoing significant transformation, driven by multiple strategic and
technological factors. The increasing defense spending by countries within the
region reflects a growing recognition of the need to modernize military
arsenals and enhance combat effectiveness. As geopolitical tensions escalate,
military forces are focusing on strengthening their artillery and armored
vehicle capabilities, which are critical for battlefield superiority. This surge
in demand for larger caliber ammunition, particularly in the 120mm, 125mm, and
155mm categories, is largely a response to the evolving nature of warfare,
where long-range, heavy firepower is becoming increasingly vital.
In parallel, the sector is experiencing a shift towards more
specialized and versatile ammunition types. Advances in precision-guided
munitions, which allow for more accurate strikes with reduced collateral
damage, are opening new opportunities for military forces to achieve strategic
objectives with greater efficiency. This trend is supported by the development
of advanced projectile technologies that integrate smart features such as
remote fuzes, self-guiding capabilities, and enhanced detonation mechanisms.
These innovations are helping to meet the operational demands of modern defense
strategies, which require not only power but precision and adaptability.
Economic factors, such as the need for cost-effective yet
highly efficient munitions, are influencing the development of more sustainable
and cheaper manufacturing processes. Producers are increasingly turning to
automation and advanced production techniques to reduce labor costs and speed
up production times, all while maintaining high-quality standards. Partnerships
between countries and defense contractors are becoming more common as
governments seek to diversify their supply chains and reduce dependency on
external suppliers. Such collaborations are essential for strengthening defense
capabilities while also promoting technology transfer and local manufacturing
expert.
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Europe & CIS Large Caliber Ammunition Market Is
Segmented by Caliber Type, End User, and By Country.
In 2024, the ground forces segment of the Europe & CIS
large caliber ammunition market is experiencing the fastest growth. This surge
is attributed to the increasing demand for heavy artillery, tanks, and armored
vehicle ammunition, driven by modernized defense strategies and the need for
superior firepower. Ground forces are focusing on enhancing their operational
capabilities by incorporating advanced artillery systems, which require large
caliber rounds to meet the requirements of modern warfare. As military
conflicts evolve, the importance of powerful, long-range, and precise munitions
for ground operations has become increasingly critical. These munitions provide
ground forces with the necessary strength to counter a variety of threats, from
enemy fortifications to armored vehicles, while also increasing their strategic
flexibility on the battlefield.
Key technological advancements, such as the integration of
precision-guided systems and programmable fuzes, are further accelerating the
adoption of large caliber ammunition among ground forces. These innovations
enable artillery units to engage targets more accurately, thereby improving
mission success rates and reducing collateral damage. The rising demand for
120mm and 155mm rounds, commonly used in artillery systems and tank guns,
reflects the need for effective long-range firepower. In addition, the modernization
of military forces in the region, with a focus on upgrading and expanding
existing fleets of self-propelled guns and howitzers, is also contributing to
the growth of this segment. Ground forces, as a result, are becoming a key
driver of the market's expansion, as governments continue to invest in
bolstering their land-based defense capabilities.
France stands out as the fastest-growing country for large
caliber ammunition in 2024. The French military has been heavily investing in
the modernization of its ground forces, with a focus on upgrading artillery
systems and armored vehicles. This has significantly increased the demand for
large caliber ammunition, particularly for the 120mm and 155mm calibers used in
their artillery and tank fleets. France’s strategic initiatives, such as
participating in multinational defense collaborations and enhancing its
military presence within NATO, have further spurred the growth of this sector.
The French government is prioritizing the development of a robust defense
infrastructure, which has led to a surge in procurement of advanced large
caliber ammunition. As a result, France's defense industry has seen rapid
expansion in this sector, positioning the country as a key player in the Europe
& CIS large caliber ammunition market.
Major Market Players Operating in Europe & CIS Large
Caliber Ammunition Market Are:
- General
Dynamics Corporation
- BAE
Systems PLC
- Rheinmetall
AG
- Northrop
Grumman Corporation
- ST
Engineering
- Saab AB
- Denel SOC Ltd
- Global Ordnance
- Nammo
AS
- Diehl
Stiftung & Co. KG.
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As the demand for advanced artillery systems continues to
rise, the Europe & CIS large caliber ammunition market is seeing
significant growth, especially within ground forces. With modern military
strategies increasingly relying on powerful, precise firepower, it's clear that
large caliber ammunition is becoming essential for defense forces. As we move
forward, innovation in ammunition technology, like guided munitions and smart
fuzes, will drive the market even further, offering new opportunities for both military
forces and manufacturers.”, according to Mr. Karan Chechi, Research Director of
TechSci Research, a global research-based management consulting firm.
“Europe & CIS Large Caliber Ammunition Market– Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Caliber Type (40 - 60 mm, above 60mm), By End User (Naval Forces, Ground Forces), By Country, Competition, Opportunities & Forecast, 2020-2030F”, assesses the market's future
growth potential and provides data on market size, trends, and forecasts. It
aims to offer comprehensive market insights, helping decision-makers make
informed investment choices. The report also highlights emerging trends, key
drivers, challenges, and opportunities in the Europe & CIS Large Caliber
Ammunition Market.
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