Consolidated Region 30MM Ammunition Market Trends, Size, Demand ,Forecast 2023-2032 | General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems plc, Thales Group, Olin Corporation

The Consolidated Region 30MM Ammunition Global Market Report 2023, provides comprehensive information on the consolidated region 30MM ammunition market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Consolidated Region 30MM Ammunition Global Market Report 2023, the market is expected to grow from $1.78 billion in 2022 to $1.88 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The consolidated region 30mm ammunition market is expected to reach $2.30 billion in 2027 at a CAGR of 5.2%.

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Product developments are a key trend gaining popularity in the consolidated region 30mm ammunition market. Major companies operating in the consolidated 30mm ammunition market are developing innovative products to sustain their position in the market. For instance, in January 2023, Economic Explosives Ltd., an India-based chemical company, developed 30mm AK-630-HE ammunition, which the Indian Navy received. This is the first-ever 100% indigenous 30mm ammunition made in India, mainly used in the AK-630 guns installed on warships.

The consolidated region 30MM ammunition market 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 Incendiary/Tracer – Self Destruct (HEI/T-S.D.), Semi-armor Piercing High Explosive Incendiary-Tracer/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

North America was the largest region in the consolidated region 30MM ammunition market in 2022.

The table of contents in TBRC’s consolidated region 30MM ammunition market report includes:
1. Executive Summary
2. Consolidated Region 30MM Ammunition Market Characteristics
3. Consolidated Region 30MM Ammunition Market Trends And Strategies
4. Consolidated Region 30MM Ammunition Market – Macro Economic Scenario
5. Global Consolidated Region 30MM Ammunition Market Size and Growth
…..
32. Global Consolidated Region 30MM Ammunition Market Competitive Benchmarking
33. Global Consolidated Region 30MM Ammunition Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Consolidated Region 30MM Ammunition Market
35. Consolidated Region 30MM Ammunition Market Future Outlook and Potential Analysis
36. Appendix

Top Major Players:
General Dynamics Corporation
Northrop Grumman Corporation
BAE Systems plc
Thales Group
Olin Corporation

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