Global Ammunition Handling System Market to Reach USD 5,232.30 Million by 2030 | CAGR of 3.8%
Category : Aerospace and Defence | Published Date : Nov 2024 | Type : Press Release
Ammunition Handling System Market Scope & Overview:
As per the Consegic Business Intelligence newly published report, the Ammunition Handling System Market size was valued at USD 3,960.15 Million in 2022 and is projected to reach USD 5,232.30 Million by 2030, growing at a CAGR of 3.8% from 2023 to 2030. Ammunition Handling Systems (AHS) are integral mechanisms designed to manage the safe storage, transportation, and handling of ammunition, ensuring efficient loading and unloading across various military platforms. The systems are primarily used in armored vehicles, aircraft, naval vessels, and military installations to reduce the risks of mishandling and enhance operational efficiency.
The report comprises the Ammunition Handling System Market Share, Size & Industry Analysis, By Platform (Land, Airborne, and Naval), Weapon Type (Cannons, Gatling Guns, Machine Guns, Main Guns, and Launchers), Feeding Mechanism (Linked and Linkless), Mode of Operation (Automatic and Semi-Automatic), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2023-2030.
The report contains detailed information on Ammunition Handling System Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
The rising need for safe ammunition storage and increasing defense budgets are key drivers of market growth. Additionally, the integration of automation and robotics in ammunition handling presents significant growth opportunities.
Segmental Analysis :
Based on platform, the market is trifurcated into land, airborne, and naval platforms.
- Land segment accounted for the largest share in 2022, driven by demand for armored vehicles and artillery systems, which require efficient ammunition handling for ground operations.
- Airborne is expected to grow at the fastest CAGR due to the need for lightweight, compact handling systems that ensure secure ammunition transport in military aircraft and UAVs.
Based on weapon type, the market is categorized into cannons, Gatling guns, machine guns, main guns, and launchers.
- Machine guns held the largest share in 2022, attributed to their high rate of fire and application across multiple military platforms, enhancing battlefield firepower.
- Gatling guns are projected to grow at the highest CAGR due to their rapid-fire capability and utilization in military aircraft and defense systems, requiring continuous ammunition feeding.
Based on the feeding mechanism, the market is bifurcated into linked and linkless systems.
- Linked systems accounted for the largest share in 2022, favored for their ability to provide continuous ammunition supply in high-combat scenarios.
- Linkless systems are expected to witness the fastest CAGR due to their quick reloading capability and compatibility with advanced machine guns and cannons.
Based on the mode of operation, the market includes automatic and semi-automatic systems.
- Semi-automatic systems led the market in 2022, offering controlled ammunition delivery in private security and defense.
- Automatic systems are anticipated to grow at the highest CAGR, driven by their ability to provide continuous fire, essential for high-speed military operations.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- North America held the largest share in 2022, driven by the high demand for advanced ammunition handling systems in the U.S. military.
- Asia-Pacific is expected to grow at the highest CAGR, with regional defense initiatives and increased procurement of ammunition handling systems by countries like China and India.
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 | USD 5,232.30 Million |
| CAGR (2023-2030) | 3.8% |
| By Platform | Land, Airborne, Naval |
| By Weapon Type | Cannons, Gatling Guns, Machine Guns, Main Guns, Launchers |
| By Feeding Mechanism | Linked, Linkless |
| By Mode of Operation | Automatic, Semi-Automatic |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Ammunition Handling System Industry:
- BAE Systems
- Curtiss-Wright
- Dillon Aero
- General Dynamics
- GSI International
- Mcnally Industries
- Moog
- Thales Group
Recent Industry Developments :
- In January 2023, Rheinmetall signed a contract to produce 40mm ammunition for European NATO members, bolstering its position in the ammunition handling system market.
- In July 2022, Krauss-Maffei Wegmann partnered with Elbit Systems to develop a rocket artillery system, enhancing long-range ammunition handling capabilities.
