Dublin, Nov. 27, 2024 (GLOBE NEWSWIRE) -- The "Europe Large Caliber Ammunition Market: Focus on Caliber Type and Country - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The Europe large caliber ammunition market is projected to reach $1.68 billion by 2033 from $782.1 million in 2023, growing at a CAGR of 7.98% during the forecast period 2023-2033
The mainstay of military arsenals throughout Europe, large-caliber ammunition offers vital firepower to meet contemporary defensive requirements. Tank, artillery, and naval ammunition are all classified as munitions larger than typical small-caliber rounds, and each has a specific function on the battlefield. The market for large-caliber ammunition in Europe is fueled by rising defense expenditures, elevated geopolitical tensions, and military technology breakthroughs that force countries to give priority to the creation and acquisition of cutting-edge munitions.
In this competitive industry, top defense producers like Rheinmetall AG, BAE Systems, and Nexter Systems are essential because they prioritize innovation and dependability to satisfy the changing needs of the European military. The need for intelligent, precisely guided munitions is growing as security threats become more complex.
As defense continues to evolve, capabilities across Europe and increased emphasis on interoperability among NATO members, investment in large-caliber ammunition continues to grow. From advanced artillery shells to next-generation tank ammunition, the European market is poised for significant expansion, adapting to the dynamic requirements of contemporary and future warfare scenarios.
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of services available for deployment and their potential globally.
Growth/Marketing Strategy: The Europe large caliber ammunition market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been mergers and acquisitions to strengthen their position in the global large caliber ammunition market.
Competitive Strategy: Key players in the Europe large caliber ammunition market analyzed and profiled in the study involve companies offering large caliber ammunition. Moreover, a detailed competitive benchmarking of the players operating in the Europe large caliber ammunition market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.
Some prominent names established in this market are:
- Nammo AS
- Rheinmetall AG
- BAE Systems
- Nexter (a Company of KNDS)
- Saab AB
- UkrOboronProm
- Diehl Stiftung & Co. KG
- Leonardo S.p.A.
- MSM GROUP, s.r.o
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 62 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value (USD) in 2023 | $782.1 Million |
| Forecasted Market Value (USD) by 2033 | $1680 Million |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Europe |
Key Topics Covered:
Executive Summary
Scope and Definition
1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Trends: Overview
1.1.2 Smart Ammunition
1.1.3 Environment-Friendly Ammunition
1.1.4 Demand for Lightweight Ammunition
1.2 Supply Chain Overview
1.3 Regulatory Landscape
1.3.1 Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF)
1.3.2 International Traffic in Arms Regulations (ITAR)
1.4 Market Dynamics Overview
1.4.1 Market Drivers
1.4.1.1 Rising Geopolitical Tensions
1.4.1.2 Technological Advancements
1.4.2 Market Challenges
1.4.2.1 Environmental Impact
1.4.2.2 Rise in Ammunition Smuggling
1.4.3 Market Opportunities
1.4.3.1 Smart Ammunition Development
1.4.3.2 Increase in Defense Budget
2 Regions
2.1 Regional Summary
2.2 Europe
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.4 Product
2.2.5 France
2.2.6 Germany
2.2.7 U.K.
2.2.8 Rest-of-Europe
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Geographic Assessment
3.1.1 Overview
3.1.2 Top Products/Product Portfolio
3.1.3 Top Competitors
3.1.4 Target Customers
3.1.5 Key Personnel
3.1.6 Analyst View
3.1.7 Market Share, 2022
4 Research Methodology
For more information about this report visit https://www.researchandmarkets.com/r/1gzryg
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