Latin America Large Caliber Ammunition Market Size & Outlook
Latin America large caliber ammunition market, 2018-2030 (US$M)
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Latin America large caliber ammunition market highlights
- The Latin America large caliber ammunition market generated a revenue of USD 131.8 million in 2022.
- The market is expected to grow at a CAGR of 2% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 131.8 million |
| Market revenue in 2030 | USD 154.1 million |
| Growth rate | 2% (CAGR from 2022 to 2030) |
| Largest segment | Defense |
| Fastest growing segment | Defense |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Defense |
| Key market players worldwide | Northrop 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, Latin America region accounted for 0.4% of the global large caliber ammunition market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,876.7 million by 2030.
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Large Caliber Ammunition Market Scope
Large Caliber Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 Latin America large caliber ammunition market based on defense covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Large Caliber Ammunition Application Outlook (Revenue, USD Million, 2018-2030)
- Civil & Commercial
- Defense
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Our clientele includes a mix of large caliber ammunition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America large caliber ammunition market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America large caliber ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America large caliber ammunition market size, by country, 2018-2030 (US$M)
Latin America Large Caliber Ammunition Market Outlook Share, 2022 & 2030 (US$M)
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