Australia Large Caliber Ammunition Market Size & Outlook

The large caliber ammunition market in Australia is expected to reach a projected revenue of US$ 85.9 million by 2030. A compound annual growth rate of 2.9% is expected of Australia large caliber ammunition market from 2023 to 2030.
Revenue, 2022 (US$M)
$68.6
Forecast, 2030 (US$M)
$85.9
CAGR, 2023 - 2030
2.9%
Report Coverage
Australia

Australia large caliber ammunition market, 2018-2030 (US$M)

Australia

Australia large caliber ammunition market highlights

  • The Australia large caliber ammunition market generated a revenue of USD 68.6 million in 2022 and is expected to reach USD 85.9 million by 2030.
  • The Australia market is expected to grow at a CAGR of 2.9% from 2023 to 2030.
  • In terms of segment, defense was the largest revenue generating application in 2022.
  • Defense is the most lucrative application segment registering the fastest growth during the forecast period.

Large caliber ammunition market data book summary

Market revenue in 2022USD 68.6 million
Market revenue in 2030USD 85.9 million
Growth rate2.9% (CAGR from 2022 to 2030)
Largest segmentDefense
Fastest growing segmentDefense
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDefense
Key market players worldwideNorthrop Grumman Corp, FN Herstal, General Dynamics Corp, BAE Systems PLC, Kongsberg Gruppen ASA, Rheinmetall AG, Singapore Technologies Engineering Ltd

Other key industry trends

  • In terms of revenue, Australia accounted for 0.2% of the global large caliber ammunition market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China large caliber ammunition market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 150.0 million by 2030.

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Large Caliber Ammunition Market Scope

Large Caliber Ammunition Market Companies

Name Profile # Employees HQ Website

Australia large caliber ammunition market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to large caliber ammunition market will help companies and investors design strategic landscapes.


Defense was the largest segment with a revenue share of 100% in 2022. Horizon Databook has segmented the Australia large caliber ammunition market based on defense covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Large Caliber Ammunition Application Outlook (Revenue, USD Million, 2018-2030)
    • Civil & Commercial
    • Defense

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Horizon Databook provides a detailed overview of country-level data and insights on the Australia large caliber ammunition market , including forecasts for subscribers. This country databook contains high-level insights into Australia large caliber ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia large caliber ammunition market size, by application, 2018-2030 (US$M)

Australia Large Caliber Ammunition Market Outlook Share, 2022 & 2030 (US$M)

Australia large caliber ammunition market size, by application, 2018-2030 (US$M)

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