Global High Explosive Ammunition Market Growth 2025-2031
Description
The global High Explosive Ammunition market size is predicted to grow from US$ 706 million in 2025 to US$ 918 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
High explosive ammunition refers to military projectiles or ordnance designed to detonate violently, releasing a large amount of energy in the form of a powerful blast wave, high-velocity fragments, or both, to inflict damage on targets. Typically filled with explosives such as TNT, composite explosives, or white phosphorus, these munitions are engineered to destroy or disable enemy personnel, vehicles, fortifications, or infrastructure. They are categorized by application, including anti-personnel (e.g., artillery shells, grenades) to disperse fragments over wide areas; anti-vehicle/light armor (e.g., rocket-propelled grenades) to damage external components and crew via shockwaves; and anti-fortification (e.g., bunker-buster bombs) to penetrate hardened structures with concentrated blasts. Used across various delivery methods—artillery, aerial bombs, or handheld grenades—high explosive ammunition is a core component of modern military tactics, prioritizing destructive power to achieve strategic or tactical objectives in combat scenarios.
United States market for High Explosive Ammunition is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for High Explosive Ammunition is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for High Explosive Ammunition is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key High Explosive Ammunition players cover General Dynamics Ordnance and Tactical Systems, BAE Systems, Elbit Systems, Nammo, American Ordnance, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “High Explosive Ammunition Industry Forecast” looks at past sales and reviews total world High Explosive Ammunition sales in 2024, providing a comprehensive analysis by region and market sector of projected High Explosive Ammunition sales for 2025 through 2031. With High Explosive Ammunition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Explosive Ammunition industry.
This Insight Report provides a comprehensive analysis of the global High Explosive Ammunition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Explosive Ammunition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Explosive Ammunition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Explosive Ammunition and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Explosive Ammunition.
This report presents a comprehensive overview, market shares, and growth opportunities of High Explosive Ammunition market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Small Caliber Ammunition
Medium Caliber Ammunition
Large Caliber Ammunition
Segmentation by Application:
Military
Law Enforcement
Civilian
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Dynamics Ordnance and Tactical Systems
BAE Systems
Elbit Systems
Nammo
American Ordnance
Northrop Grumman Corporation
BAES
Santa Barbara
Nexter
Rheinmetal
Explosia
Expal
Raytheon Technologies
China North Industries Corporation
Thales Group
Leonardo
Junghans
Saab AB
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Explosive Ammunition market?
What factors are driving High Explosive Ammunition market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Explosive Ammunition market opportunities vary by end market size?
How does High Explosive Ammunition break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
High explosive ammunition refers to military projectiles or ordnance designed to detonate violently, releasing a large amount of energy in the form of a powerful blast wave, high-velocity fragments, or both, to inflict damage on targets. Typically filled with explosives such as TNT, composite explosives, or white phosphorus, these munitions are engineered to destroy or disable enemy personnel, vehicles, fortifications, or infrastructure. They are categorized by application, including anti-personnel (e.g., artillery shells, grenades) to disperse fragments over wide areas; anti-vehicle/light armor (e.g., rocket-propelled grenades) to damage external components and crew via shockwaves; and anti-fortification (e.g., bunker-buster bombs) to penetrate hardened structures with concentrated blasts. Used across various delivery methods—artillery, aerial bombs, or handheld grenades—high explosive ammunition is a core component of modern military tactics, prioritizing destructive power to achieve strategic or tactical objectives in combat scenarios.
United States market for High Explosive Ammunition is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for High Explosive Ammunition is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for High Explosive Ammunition is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key High Explosive Ammunition players cover General Dynamics Ordnance and Tactical Systems, BAE Systems, Elbit Systems, Nammo, American Ordnance, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “High Explosive Ammunition Industry Forecast” looks at past sales and reviews total world High Explosive Ammunition sales in 2024, providing a comprehensive analysis by region and market sector of projected High Explosive Ammunition sales for 2025 through 2031. With High Explosive Ammunition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Explosive Ammunition industry.
This Insight Report provides a comprehensive analysis of the global High Explosive Ammunition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Explosive Ammunition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Explosive Ammunition market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Explosive Ammunition and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Explosive Ammunition.
This report presents a comprehensive overview, market shares, and growth opportunities of High Explosive Ammunition market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Small Caliber Ammunition
Medium Caliber Ammunition
Large Caliber Ammunition
Segmentation by Application:
Military
Law Enforcement
Civilian
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Dynamics Ordnance and Tactical Systems
BAE Systems
Elbit Systems
Nammo
American Ordnance
Northrop Grumman Corporation
BAES
Santa Barbara
Nexter
Rheinmetal
Explosia
Expal
Raytheon Technologies
China North Industries Corporation
Thales Group
Leonardo
Junghans
Saab AB
Key Questions Addressed in this Report
What is the 10-year outlook for the global High Explosive Ammunition market?
What factors are driving High Explosive Ammunition market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Explosive Ammunition market opportunities vary by end market size?
How does High Explosive Ammunition break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
126 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for High Explosive Ammunition by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for High Explosive Ammunition by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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