Global 30mm Medium Caliber Market - Analysis and Forecast (2025-2030)

Industry Insights By Weapon Type (Automatic Canon (Vehicle-Mounted Autocannons, Aircraft Autocannons and Naval Autocannons), Rotary Canon (Rotary Wing Aircrafts and Infantry Fighting Vehicles (IFVs), Naval Gun and Anti-Craft Gun), By Ammunition Type (High Explosive Incendiary (HEI), High Explosive Incendiary-Tracer (HEI-T), High Explosive Incendiary/Tracer-Self Destruct (HEI/T-SD) and Semi-Armor Piercing High Explosive Incendiary-Tracer/Self Destruct) and By Geography (North America, Europe, Asia-Pacific, South America and Middle East and Africa)

About This Report Status : Published Published On : Jun, 2024 Report Code : VRAD12030 Industry : Aerospace and Defense Available Format : Page : 199

Industry Overview

Report Description

The Global 30mm Medium Caliber Market is anticipated to grow at a CAGR of 1.29% from USD 1 billion in 2023 to USD 1.15 billion in 2030 during the forecast period from 2025 to 2030.

Reveal each market segment's real performance. Access comprehensive data and strategic insights.
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Increased military modernization efforts and the demand for versatile and powerful weaponry are the growth drivers of this market. The 30mm medium caliber has application in various defense systems, like armoured vehicles, aircraft cannons and naval guns. The need for effective solutions against a range of threats, from armored vehicles to unmanned aerial systems, in modern warfare scenarios has propelled the market. In addition, advancements in technology, such as improved precision and firepower, contribute to the market's expansion. As countries seek to develop their defense capabilities, the 30mm Medium Caliber Market is expected to witness sustained growth, with manufacturers focusing on innovations to meet evolving military requirements.

Market Segmentation

Insight by Weapon Type

On the basis of weapon type, the global 30mm medium caliber market is classified into Automatic Canon (Vehicle-Mounted Autocannons, Aircraft Autocannons and Naval Autocannons), Rotary Canon (Rotary Wing Aircrafts and Infantry Fighting Vehicles (IFVs), Naval Gun and Anti-Craft Gun. Within the Global 30mm Medium Caliber Market, automatic cannons dominate the market. Especially, vehicle-mounted autocannons, employed in armored vehicles for ground forces are been adopted, enhancing the firepower and versatility of military fleets.

Insight by Ammunition Type

Based on ammunition type, the global 30mm medium caliber market is segregated into High Explosive Incendiary (HEI), High Explosive Incendiary-Tracer (HEI-T), High Explosive Incendiary/Tracer-Self Destruct (HEI/T-SD) and Semi-Armor Piercing High Explosive Incendiary-Tracer/Self Destruct. High Explosive Incendiary (HEI) ammunition type dominates the 30mm medium caliber market due to its commanding presence and widespread adoption underscore the versatility and effectiveness.

Global 30mm Medium Caliber Market Report Coverage

Report Metric

Details

Historical Period

2020 - 2024

Base Year Considered

2025

Forecast Period

2026 - 2035

Market Size in 2025

U.S.D.  1 Billion

Revenue Forecast in 2035

U.S.D.  1.15 Billion

Growth Rate

1.29%

Segments Covered in the Report

By Weapon Type, By Ammunition Type

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

North America, Europe, Asia-Pacific, South America and Middle East and Africa

Industry Dynamics

Growth Drivers

The rising geopolitical tensions, defense budgets and the continuous development of military capabilities are the major factors influencing the market. The adaptability of 30mm caliber weapons across various platforms and their effectiveness in various combat scenarios contribute to their widespread adoption. The market is characterized by the presence of key players investing in research and development to introduce advanced and efficient 30mm medium caliber systems. The continuous increase in defense budgets allocated for military modernization and the upgrading of ammunition is driving the market growth of 30mm Medium Caliber. There has been a heightened focus on enhancing the firepower and efficiency of military equipment, including weapons with a 30mm medium caliber, as nations are bolstering their defense capabilities. This is poised to foster substantial growth in the 30mm medium caliber sector. The increasing demand for precision guided munitions (PGMs) within this caliber range plays an important role in the growth of the Global 30mm Medium Caliber Market. The manufacturers and defense contractors to cater to the evolving needs of modern warfare through the integration of advanced targeting and guidance systems with 30mm medium caliber weapons.

Restraints

Technological Disruption from unlimited magazine size shall hamper the 30mm medium caliber market. The emergence of technologically advanced contemporary weapon systems with unlimited magazine size is the main challenge faced by the global 30mm medium caliber market. Some platforms are moving away from traditional ammunition constraints, as newer weapon technologies evolve. This prototype shift poses a challenge to the market for 30mm caliber systems. The appeal of unlimited magazine size in certain advanced weapon systems has diverted attention and investment away from the 30mm caliber market, potentially impacting its growth path. Manufacturers and stakeholders in the 30mm medium caliber sector should navigate this technological landscape and innovate to remain competitive amid evolving military requirements.

Geographic Overview

  • North America
  • Europe
  • Asia Pacific (APAC)
  • South America
  • Middle East and Africa

Geographically, North America dominated the global 30mm medium caliber market.  Particularly in the United States, the market is driven by substantial defense budgets and ongoing modernization programs. The U.S. military's focus on maintaining readiness for a range of combat scenarios and technological superiority ensures continued investment in advanced 30mm ammunition. Also collaborations with key defense contractors and continuous research and development efforts sustain the growth and innovation in this sector. In Europe, countries like the United Kingdom, France, and Germany are investing in advanced munitions to enhance their defense capabilities.

Competitive Insights

Denel Pretoria Metal Pressings is popularly known as PMP which is an integrated manufacturer of small- and medium-calibre ammunition, brass products, detonics, power cartridges and mining drill-bits.

BAE Systems plc is a British multinational defence, aerospace and information security company, based in London, England. BAE Systems help their customers to stay a step ahead when protecting people and national security, critical infrastructure and vital information. They provide some of the world’s most advanced, technology-led defence, aerospace and security solutions.

Key Players Covered in the Report

The key players of Global 30mm Medium Caliber Market are Denel PMP, BAE Systems, CBC Defense, Munitions India Limited, Elbit Systems Land, KNDS NV, MSM Group SRO, General Dynamics Ordnance and Tactical Systems, Nammo AS, Northrop Grumman, Rheinmetall AG, Nexter Group, Ruag Group, Arcon Partners Ltd., Arsenal, and others.

Recent developments by Key Players

The German Bundeswehr has contracted with Rheinmetall to produce and supply medium-calibre ammunition for the Puma infantry fighting vehicle. A call-off from an existing framework agreement, the order encompasses several hundred thousand rounds of 30mm x 173 DM21 service ammunition. The order is worth over €350 million, including value added tax. Once perfect functionality has been demonstrated, delivery will begin this year and continue through to 2027.

Aerospace manufacturer BAE Systems will provide electronic warfare countermeasure pods for the US Navy’s (USN’s) fleet of Boeing P-8 maritime patrol jets. The company secured a $95 million contract from the navy on 5 June to fund initial engineering and manufacturing development of the podded system, which is intended to increase the P-8’s survivability and expand the non-stealth aircraft’s operating range in contested environments.

The global 30mm Medium Caliber Market report offers a comprehensive market segmentation analysis along with the estimation for the forecast period 2025–2030.

Segments Covered in the Report

  • By Weapon type
    • Automatic Canon
      • Vehicle-Mounted Autocannons
      • Aircraft Autocannons
      • Naval Autocannons
    • Rotary Canon
      • Rotary Wing Aircrafts
      • Infantry Fighting Vehicles (IFVs)
    • Naval Gun and Anti-Craft Gun
  • By Ammunition type
    • High Explosive Incendiary (HEI)
    • High Explosive Incendiary-Tracer (HEI-T)
    • High Explosive Incendiary/Tracer-Self Destruct (HEI/T-SD)
    • Semi-Armor Piercing High Explosive Incendiary-Tracer/Self Destruct  

Region Covered in the Report

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
  • Asia-Pacific (APAC)
    • China
    • Japan
    • South Korea
    • India
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Turkey
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Weapon Type
                1.2.2.    By Ammunition Type
                1.2.3.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Weapon Type
                5.1.1.  Automatic Canon
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030 
                5.1.2.  Rotary Canon
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030
                5.1.3.    Naval Gun
                        5.1.3.1. Market Definition
                        5.1.3.2. Market Estimation and Forecast to 2030
                 5.1.4.    Anti-Craft Gun
                        5.1.4.1. Market Definition
                        5.1.4.2. Market Estimation and Forecast to 2030

5.2.    By Ammunition Type
                5.2.1.  High Explosive Incendiary (HEI)
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.  High Explosive Incendiary-Tracer (HEI-T)
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030
                5.2.3.  High Explosive Incendiary/Tracer-Self Destruct (HEI/T-SD) 
                        5.2.3.1. Market Definition
                        5.2.3.2. Market Estimation and Forecast to 2030
                5.2.4.    Semi-Armor Piercing High Explosive Incendiary-Tracer/Self Destruct
                        5.2.4.1. Market Definition
                        5.2.4.2. Market Estimation and Forecast to 2030
            
6.    North America Market Estimate and Forecast

        6.1.    By Weapon Type
        6.2.    By Ammunition Type
        6.3.    By Country
                6.3.1.    U.S. Market Estimate and Forecast
                6.3.2.    Canada Market Estimate and Forecast
                6.3.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Weapon Type
        7.2.    By Ammunition Type
        7.3.    By Country
                7.3.1.    Germany Market Estimate and Forecast
                7.3.2.    France Market Estimate and Forecast
                7.3.3.    U.K. Market Estimate and Forecast
                7.3.4.    Italy Market Estimate and Forecast
                7.3.5.    Spain Market Estimate and Forecast
                7.3.6.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Weapon Type
        8.2.    By Ammunition Type
        8.3.    By Country
                8.3.1.    China Market Estimate and Forecast
                8.3.2.    Japan Market Estimate and Forecast
                8.3.3.    India Market Estimate and Forecast
                8.3.4.    South Korea Market Estimate and Forecast
                8.3.5.    Singapore Market Estimate and Forecast
                8.3.6.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Weapon Type
        9.2.    By Ammunition Type
        9.3.    By Country
                9.3.1.    Brazil Market Estimate and Forecast
                9.3.2.    Saudi Arabia Market Estimate and Forecast
                9.3.3.    South Africa Market Estimate and Forecast
                9.3.4.    Other Countries Market Estimate and Forecast

10.    Company Profiles

     10.1.   Denel PMP
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
     10.2.   BAE Systems
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
     10.3.   CBC Defense
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
     10.4.   Munitions India Limited
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
      10.5.   Elbit Systems Land
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
      10.6.   KINDS NV
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
     10.7.   MSM Group SRO
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
      10.8.   General Dynamics Ordnance and Tactical Systems
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
      10.9.   Nammo AS
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
     10.10.  Northrop Grumman
                10.10.1. Snapshot
                10.10.2. Overview
                10.10.3. Offerings
                10.10.4. Financial Insight
                10.10.5. Recent Developments
    10.11.    Rheinmetall AG 
                10.11.1. Snapshot
                10.11.2. Overview
                10.11.3. Offerings
                10.11.4. Financial Insight
                10.11.5. Recent Developments
    10.12    Nexter Group
                10.12.1. Snapshot
                10.12.2. Overview
                10.12.3. Offerings
                10.12.4. Financial Insight
                10.12.5. Recent Developments
    10.13.    Ruag Group
                10.13.1. Snapshot
                10.13.2. Overview
                10.13.3. Offerings
                10.13.4. Financial Insight
                10.13.5. Recent Developments
    10.14    Arcon Partners Ltd.
                10.14.1. Snapshot
                10.14.2. Overview
                10.14.3. Offerings
                10.14.4. Financial Insight
                10.14.5. Recent Developments
    10.15.    Arsenal
                10.15.1. Snapshot
                10.15.2. Overview
                10.15.3. Offerings
                10.15.4. Financial Insight
                10.15.5. Recent Developments
    10.16    Others
                10.16.1. Snapshot
                10.16.2. Overview
                10.16.3. Offerings
                10.16.4. Financial Insight
                10.16.5. Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global 30mm Medium Caliber Market Figures Size, by Weapon Type, 2018 – 2023 (USD Billion)
Table 5 Global 30mm Medium Caliber Market Figures Size, by Weapon Type, 2025 – 2030 (USD Billion)
Table 6 Global 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2018 – 2023 (USD Billion)
Table 7 Global 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2025 – 2030 (USD Billion)
Table 10 Global 30mm Medium Caliber Market Figures Size, by Region, 2018 – 2023 (USD Billion)
Table 11 Global 30mm Medium Caliber Market Figures Size, by Region, 2025 – 2030 (USD Billion)
Table 12 North America 30mm Medium Caliber Market FiguresSize, by Weapon Type, 2018 – 2023 (USD Billion)
Table 13 North America 30mm Medium Caliber Market Figures Size, by Weapon Type, 2025 – 2030 (USD Billion)
Table 14 North America 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2015–2019 (USD Billion)
Table 15 North America 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2020–2025 (USD Billion)
Table 18 North America 30mm Medium Caliber Market Figures Size, by Country, 2018 – 2023 (USD Billion)
Table 19 North America 30mm Medium Caliber Market Figures Size, by Country, 2025 – 2030 (USD Billion)
Table 20 Europe 30mm Medium Caliber Market Figures Size, by Weapon Type, 2018 – 2023 (USD Billion)
Table 21 Europe 30mm Medium Caliber Market Figures Size, by Weapon Type, 2025 – 2030 (USD Billion)
Table 22 Europe 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2018 – 2023 (USD Billion)
Table 23 Europe 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2025 – 2030 (USD Billion)
Table 26 Europe 30mm Medium Caliber Market Figures Size, by Country, 2018 – 2023 (USD Billion)
Table 27 Europe 30mm Medium Caliber Market Figures Size, by Country, 2025 – 2030 (USD Billion)
Table 28 Asia-Pacific 30mm Medium Caliber Market Figures Size, by Weapon Type, 2018 – 2023 (USD Billion)
Table 29 Asia-Pacific 30mm Medium Caliber Market Figures Size, by Weapon Type, 2025 – 2030 (USD Billion)
Table 30 Asia-Pacific 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2015–19 (USD Billion)
Table 31 Asia-Pacific 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2020–25 (USD Billion)
Table 34 Asia-Pacific 30mm Medium Caliber Market Figures Size, by Country, 2018 – 2023 (USD Billion)
Table 35 Asia-Pacific 30mm Medium Caliber Market Figures Size, by Country, 2025 – 2030 (USD Billion)
Table 36 RoW 30mm Medium Caliber Market Figures Size, by Weapon Type, 2018 – 2023 (USD Billion)
Table 37 RoW 30mm Medium Caliber Market Figures Size by Weapon Type, 2025 – 2030 (USD Billion)
Table 38 RoW 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2018 – 2023 (USD Billion)
Table 39 RoW 30mm Medium Caliber Market Figures Size, by Ammunition Type, 2025 – 2030 (USD Billion)
Table 42 RoW 30mm Medium Caliber Market Figures Size, by Country, 2018 – 2023 (USD Billion)
Table 43 RoW 30mm Medium Caliber Market Figures Size, by Country, 2025 – 2030 (USD Billion)
Table 44 Snapshot – Denel PMP
Table 45 Snapshot – BAE Systems
Table 46 Snapshot – CBC Defense
Table 47 Snapshot – Munitions India Limited
Table 48 Snapshot – Elbit Systems Land
Table 49 Snapshot – KNDS NV
Table 50 Snapshot – MSM Group SRO
Table 51 Snapshot – General Dynamics Ordnance and Tactical Systems
Table 52 Snapshot – Nammo AS
Table 53 Snapshot – Northrop Grumman
Table 54 Snapshot – Rheinmetall AG
Table 55 Snapshot – Nexter Group
Table 56 Snapshot – Ruag Group
Table 57 Snapshot – Arcon Partners Ltd.
Table 58 Snapshot – Arsenal
Table 59 Snapshot – Others
List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9  Global 30mm Medium Caliber Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global 30mm Medium Caliber Market Highlight
Figure 12 Global 30mm Medium Caliber Market Size,  by Weapon Type, 2018 – 2030 (USD Billion)
Figure 13 Global 30mm Medium Caliber Market Size, by Ammunition Type 2018 – 2030 (USD Billion)
Figure 14 Global 30mm Medium Caliber Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 15 North America 30mm Medium Caliber Market Highlight
Figure 16 North America 30mm Medium Caliber Market Size,  by Weapon Type, 2018 – 2030 (USD Billion)
Figure 17 North America 30mm Medium Caliber Market Size, by Ammunition Type  2018 – 2030 (USD Billion)
Figure 18 North America 30mm Medium Caliber Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 19 Europe 30mm Medium Caliber Market Highlight
Figure 20 Europe 30mm Medium Caliber Market Size,  by Weapon Type, 2018 – 2030 (USD Billion)
Figure 21 Europe 30mm Medium Caliber Market Size, by Ammunition Type 2018 – 2030 (USD Billion)
Figure 22 Europe 30mm Medium Caliber Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 23 Asia-Pacific 30mm Medium Caliber Market Highlight
Figure 24 Asia-Pacific 30mm Medium Caliber Market Size,  by Weapon Type, 2018 – 2030 (USD Billion)
Figure 25 Asia-Pacific 30mm Medium Caliber Market Size, by Ammunition Type 2018 – 2030 (USD Billion)
Figure 26 Asia-Pacific 30mm Medium Caliber Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 27 RoW 30mm Medium Caliber Market Highlight
Figure 28 RoW 30mm Medium Caliber Market Size,  by Weapon Type, 2018 – 2030 (USD Billion)
Figure 29 RoW 30mm Medium Caliber Market Size, by Ammunition Type 2018 – 2030 (USD Billion)
Figure 30 RoW 30mm Medium Caliber Market Size, by Country, 2018 – 2030 (USD Billion)
 

Global 30mm Medium Caliber Market Coverage

By Weapon Type Insight and Forecast 2025-2030

  • Automatic Canon
  • Rotary Canon

By Ammunition Type Insight and Forecast 2025-2030

  • High Explosive Incendiary (HEI)
  • High Explosive Incendiary-Tracer (HEI-T)
  • High Explosive Incendiary/Tracer-Self Destruct (HEI/T-SD)
  • Semi-Armor Piercing High Explosive Incendiary-Tracer/Self Destruct

30mm Medium Caliber Market by Region

North America

  • By Weapon Type
  • By Ammunition Type
  • By Country – U.S., Canada, and Mexico

Europe

  • By Weapon Type
  • By Ammunition Type
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Weapon Type
  • By Ammunition Type
  • By Country – China, Japan, India, South Korea, and the Rest of Asia-Pacific

Rest of the World (RoW)

  • By Weapon Type
  • By Ammunition Type
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
  • Denel PMP
  • BAE Systems
  • CBC Defense
  • Munitions India Limited
  • Elbit Systems Land
  • KNDS NV
  • MSM Group SRO
  • General Dynamics Ordnance and Tactical Systems
  • Nammo AS
  • Northrop Grumman
  • Rheinmetall AG
  • Nexter Group
  • Ruag Group
  • Arcon Partners Ltd.
  • Arsenal
  • Others

Frequently Asked Questions

Factors such as rising geopolitical tensions, defense budgets, continuous military capabilities development, and increasing demand for precision guided munitions (PGMs) are influencing market growth.
Increased military modernization efforts, demand for versatile and powerful weaponry, advancements in technology, and the need for effective solutions against various threats in modern warfare scenarios are driving the market growth.
The market is anticipated to grow at a CAGR of 1.29% from USD 1 billion in 2023 to USD 1.15 billion in 2030 during the forecast period from 2025 to 2030.
The appeal of unlimited magazine size in advanced weapon systems diverts attention and investment away from the 30mm caliber market, challenging manufacturers and stakeholders to innovate and remain competitive.
Collaborations with defense contractors, continuous research and development efforts, and a focus on enhancing firepower and efficiency of military equipment are key strategies driving growth and innovation in this sector.

Purchase Options

Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle

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Key Takeaways