China Large Caliber Ammunition Market Size & Outlook

The large caliber ammunition market in China is expected to reach a projected revenue of US$ 835.9 million by 2030. A compound annual growth rate of 1.1% is expected of China large caliber ammunition market from 2023 to 2030.
Revenue, 2022 (US$M)
$767.3
Forecast, 2030 (US$M)
$835.9
CAGR, 2023 - 2030
1.1%
Report Coverage
China

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

China

China large caliber ammunition market highlights

  • The China large caliber ammunition market generated a revenue of USD 767.3 million in 2022 and is expected to reach USD 835.9 million by 2030.
  • The China market is expected to grow at a CAGR of 1.1% 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 767.3 million
Market revenue in 2030USD 835.9 million
Growth rate1.1% (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, China accounted for 2.5% 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

China 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 China large caliber ammunition market based on defense covering the revenue growth of each sub-segment from 2018 to 2030.


  • China 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 China large caliber ammunition market , including forecasts for subscribers. This country databook contains high-level insights into China large caliber ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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