The global Artillery Shells market was valued at US$ 14,790 million in 2024 and will reach US$ 4,075 million by the end of 2031, growing at a CAGR of -22.04% during 2025-2031.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Artillery Shells, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artillery Shells.
The Artillery Shells market size, estimations, and forecasts are provided in terms of sales volume (Thousand Rounds) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Artillery Shells market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Artillery Shells market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
Market Segmentation
This report covers the Artillery Shells segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2020-2024, 2025-2031), considering 2024 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
By Company
General Dynamics
Nammo
KNDS
BAE Systems
Elbit Systems
Day & Zimmermann
Rheinmetall
Rostec
NORINCO
Poongsan Corporation
MESKO
MKE
Segment by Type
155mm
152mm
122mm
105mm
Other
Segment by Application
High-Explosive (HE)
Smoke
Illumination
Training Rounds
Other
By Region
North America
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