Consolidated Region 30MM Ammunition Market Expanding With $2.51 Billion at 5.3% CAGR by 2029

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The Business Research Company’s Consolidated Region 30MM Ammunition Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034

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What Is The Forecast For The Consolidated Region 30MM Ammunition Market From 2024 To 2029?
The integrated area of the 30mm ammunition market has shown consistent growth in the past few years. The market size is projected to increase from $1.95 billion in 2024 to $2.04 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.7%. Factors contributing to this growth during the historic period include initiatives for military modernization, regional security issues, efforts in counterterrorism, peacekeeping and stability operations, as well as the allocation of defense budgets.

In the upcoming years, the consolidated market size for 30mm ammunition is projected to experience robust expansion, reaching a value of $2.51 billion in 2029, thanks to a compound annual growth rate (CAGR) of 5.4%. Factors like geopolitical dynamics, armed forces modernization, peacekeeping efforts, conflict resolution, shifts in military strategies, and joint defense initiatives contribute to this growth in the forecast period. Key trends during the forecast period involve a stress on environmental sustainability, enhanced collaboration among manufacturers, emphasis on budget-friendly solutions, utilization of composite materials, and the emergence of smart ammunition.

Download a free sample of the consolidated region 30mm ammunition market report:
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What Are The Core Growth Drivers Shaping The Future Of The Consolidated Region 30MM Ammunition Market?
The consolidated region's 30mm ammunition market is anticipated to flourish, driven by an upswing in military expenditure. This refers to the funds allocated by a nation for the development and maintenance of its armed forces or other security-related endeavors. The investment in consolidated 30mm ammunition ensures that military personnel have access to precisely and powerfully engage targets, augmenting their battlefield effectiveness. For example, based on data from the Office of the Parliamentary Budget Officer, a Canadian intergovernmental body, it is predicted that total military spending will escalate from $36.3 billion in the 2022-2023 period to $51.0 billion between 2026-2027. As such, the increase in military outlay is fuelling the expansion of the consolidated region's 30mm ammunition market.

Which Companies Are Currently Leading In The Consolidated Region 30MM Ammunition Market?
Major players in the Consolidated Region 30MM Ammunition Global Market Report 2025 include:
• 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

What Are The Top Trends In The Consolidated Region 30MM Ammunition Industry?
The evolution of product offerings is a major trend emerging in the consolidated 30mm ammunition market. Prominent firms in this industry are producing inventive products to maintain their market status. An illustrative example is from January 2023 when Economic Explosives Ltd., a chemical firm based in India, created 30mm AK-630-HE ammunition that the Indian Navy took into possession. This marked the historic creation of the first 100% home-grown 30mm ammunition in India, mainly utilized in AK-630 guns equipped on warships.

Comparative Analysis Of Leading Consolidated Region 30MM Ammunition Market Segments
The consolidated region 30mm ammunition market covered in this report is segmented –

1) By Caliber: 20mm, 25mm, 30mm, 40mm, Other Calibers
2) By Ammunition Type: High Explosive Incendiary (HEI), High Explosive Incendiary - Tracer (HEI-T), High Explosive Incendiarym Or Tracer - Self Destruct (HEI Or T-S.D), Semi-armor Piercing High Explosive Incendiary-Tracer Or Self Destruct, Other Ammunitions
3) By Weapon Type: Autocannon, Rotary Cannon, Naval Gun, Anti-material Gun, Anti-aircraft Gun, Other Weapons
4) By Platform: Airborne, Naval, Land
5) By Application: Lethal, Non-lethal

Subsegments:
1) By 20mm: Armor-Piercing Rounds, High-Explosive Incendiary Rounds, Training Rounds
2) By 25mm: Armor-Piercing Rounds, High-Explosive Rounds, Practice Rounds
3) By 30mm: High-Explosive Incendiary (HEI) Rounds, Armor-Piercing Discarding Sabot (APDS) Rounds, Target Practice Rounds
4) By 40mm: High-Explosive Rounds, Smoke Rounds, Training Rounds
5) By Other Calibers: Varied Specialty Rounds, Custom Or Experimental Calibers

View the full consolidated region 30mm ammunition market report:
https://www.thebusinessresearchcompany.com/report/consolidated-region-30mm-ammunition-global-market-report

Which Regions Are Dominating The Consolidated Region 30MM Ammunition Market Landscape?
In 2024, North America led the global market for consolidated region 30mm ammunition. The market study projects a certain growth status for this region. The geographical areas included in the global analysis of the consolidated region 30mm ammunition market encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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