Saudi Arabia Large Caliber Ammunition Market Size & Outlook
Saudi Arabia large caliber ammunition market, 2018-2030 (US$M)
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Saudi Arabia large caliber ammunition market highlights
- The Saudi Arabia large caliber ammunition market generated a revenue of USD 237.1 million in 2022 and is expected to reach USD 275.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 1.9% 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 2022 | USD 237.1 million |
| Market revenue in 2030 | USD 275.3 million |
| Growth rate | 1.9% (CAGR from 2022 to 2030) |
| Largest segment | Defense |
| Fastest growing segment | Defense |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Saudi Arabia accounted for 0.8% 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 Middle East & Africa, Saudi Arabia large caliber ammunition market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 86.3 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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Saudi Arabia 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 Saudi Arabia large caliber ammunition market based on defense covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia 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 country-level data and insights on the Saudi Arabia large caliber ammunition market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia large caliber ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia large caliber ammunition market size, by application, 2018-2030 (US$M)
Saudi Arabia Large Caliber Ammunition Market Outlook Share, 2022 & 2030 (US$M)
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