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Global 60-120mm Caliber Ammunition Market Outlook, In‑Depth Analysis & Forecast to 2031

Global 60-120mm Caliber Ammunition Market Outlook, In‑Depth Analysis & Forecast to 2031

Industry: Chemical & Material

Published Date: 2025-08-05

Pages: 155 Pages

Report ld: 4856010

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60-120mm Caliber Ammunition Market Size(US$)

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cagr

CAGR 2025-2031

3.2%

marketSize

Market Size,2031

USD 526

Million

Market Snapshot

Market Size in 2025 (Value)
US$ 435 million
Market Forecast in 2031(Value)
US$ 526 million
CAGR
3.2%
Years Considered
2020-2031
Base Year
2025
Forecast Period
2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global 60-120mm Caliber Ammunition market is projected to grow from US$ 423 million in 2024 to US$ 526 million by 2031, at a CAGR of 3.2% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.

60-120mm Caliber Ammunition refers to ammunition with a projectile diameter ranging from 60 to 120 mm, which is usually used in weapon systems such as artillery or mortars. This type of ammunition is mainly used in military, defense and training fields, and is fired through weapon systems such as artillery or mortars to achieve the purpose of killing, blasting, armor penetration or other combat purposes.

From a downstream perspective, Army accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).

60-120mm Caliber Ammunition leading manufacturers including BAE Systems, Berlin Security Conference, CSGC, Elbit Systems, General Dynamics, Nammo, Nexter, Northrop Grumman, Rheinmetall, ROMARM, etc., dominate supply; the top five capture approximately % of global revenue, with BAE Systems leading 2024 sales at US$ million.

Regional Outlook:

North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).

Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).

Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global 60-120mm Caliber Ammunition market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.

By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.

Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.

Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.

A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.

MARKET SEGMENTATION

By Company

  • BAE Systems
  • Berlin Security Conference
  • CSGC
  • Elbit Systems
  • General Dynamics
  • Nammo
  • Nexter
  • Northrop Grumman
  • Rheinmetall
  • ROMARM
  • ZEVETA

Consumption by Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Netherlands
    • Nordic Countries
    • Rest of Europe
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA

Segment by Type

  • 60mm Caliber Ammunition
  • 81mm Caliber Ammunition
  • 120mm Caliber Ammunition

Segment by Application

  • Army
  • Navy
  • Air Force

biaoTi CHAPTER OUTLINE

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Chapter 1: Defines the 60-120mm Caliber Ammunition study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.

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Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts

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Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.

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Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.

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Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks

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Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.

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Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.

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Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.

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Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.

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Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.

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Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles

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Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.

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Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.

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Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.

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Chapter 15: Actionable conclusions and strategic recommendations.

WHY THIS REPORT

Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:

Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:

Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).

Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.

Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).

Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).

Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region
Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

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Product mix optimization based on local practices
Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

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Competitor tactics in fragmented vs. consolidated markets
Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

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Full Research Coverage
Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

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19 Years Industry Expertise
19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

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24/7 Fast Report Delivery
24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

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Localized Strategic Analysis
Localized Strategic Analysis

We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

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Market entry risks/opportunities by region
Market entry risks/opportunities by region

All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

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Market entry risks/opportunities by region
Market entry risks/opportunities by region

We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

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TABLE OF CONTENTS

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1 Study Coverage

1.1 Introduction to 60-120mm Caliber Ammunition: Definition, Properties, and Key Attributes

1.2 Market Segmentation by Type

1.2.1 Global 60-120mm Caliber Ammunition Market Size by Type, 2020 VS 2024 VS 2031

1.2.2 60mm Caliber Ammunition

1.2.3 81mm Caliber Ammunition

1.2.4 120mm Caliber Ammunition

1.3 Market Segmentation by Application

1.3.1 Global 60-120mm Caliber Ammunition Market Size by Application, 2020 VS 2024 VS 2031

1.3.2 Army

1.3.3 Navy

1.3.4 Air Force

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

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2 Executive Summary

2.1 Global 60-120mm Caliber Ammunition Revenue Estimates and Forecasts 2020-2031

2.2 Global 60-120mm Caliber Ammunition Revenue by Region

2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031

2.2.2 Historical and Forecasted Revenue by Region (2020--2031)

2.2.3 Global Revenue Market Share by Region (2020-2031)

2.3 Global 60-120mm Caliber Ammunition Sales Estimates and Forecasts 2020-2031

2.4 Global 60-120mm Caliber Ammunition Sales by Region

2.4.1 Sales Comparison: 2020 VS 2024 VS 2031

2.4.2 Historical and Forecasted Sales by Region (2020-2031)

2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends

2.4.4 Global Sales Market Share by Region (2020-2031)

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3 Global Production Analysis

3.1 Global 60-120mm Caliber Ammunition Production Capacity and Utilization Rates (2020–2031)

3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)

3.3 Regional Production Dynamics

3.3.1 Historic Production by Region (2020-2025)

3.3.2 Forecasted Production by Region (2026-2031)

3.3.3 Production Market Share by Region (2020-2031)

3.3.4 Regulatory and Trade Policy Impact on Production

3.3.5 Production Capacity Enablers and Constraints

3.4 Key Regional Production Hubs

3.4.1 North America

3.4.2 Europe

3.4.3 China

3.4.4 Japan

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4 Competition by Manufacturers

4.1 Global 60-120mm Caliber Ammunition Sales by Manufacturers

4.1.1 Global Sales Volume by Manufacturers (2020-2025)

4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)

4.2 Global 60-120mm Caliber Ammunition Manufacturer Revenue Rankings and Tiers

4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)

4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)

4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)

4.3 Manufacturer Profitability Profiles and Pricing Strategies

4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)

4.3.2 Manufacturer-Level Price Trends (2020-2025)

4.4 Key Manufacturers Manufacturing Base and Headquarters

4.5 Main Product Type Market Size by Manufacturers

4.5.1 60mm Caliber Ammunition Market Size by Manufacturers

4.5.2 81mm Caliber Ammunition Market Size by Manufacturers

4.5.3 120mm Caliber Ammunition Market Size by Manufacturers

4.6 Global 60-120mm Caliber Ammunition Market Concentration and Dynamics

4.6.1 Global Market Concentration (CR5 and HHI)

4.6.2 Entrant/Exit Impact Analysis

4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment

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5 Global Product Segmentation Analysis

5.1 Global 60-120mm Caliber Ammunition Sales Performance by Type

5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)

5.1.2 Global Sales Market Share by Type (2020-2031)

5.2 Global 60-120mm Caliber Ammunition Revenue Trends by Type

5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)

5.2.2 Global Revenue Market Share by Type (2020-2031)

5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)

5.4 Product Technology Differentiation

5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk

5.5.1 High-Growth Niches and Adoption Drivers

5.5.2 Profitability Hotspots and Cost Drivers

5.5.3 Substitution Threats

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6 Global Downstream Application Analysis

6.1 Global 60-120mm Caliber Ammunition Sales by Application

6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)

6.1.2 Global Sales Market Share by Application (2020-2031)

6.1.3 High-Growth Application Identification

6.1.4 Emerging Application Case Studies

6.2 Global 60-120mm Caliber Ammunition Revenue by Application

6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)

6.2.2 Revenue Market Share by Application (2020-2031)

6.3 Global Pricing Dynamics by Application (2020-2031)

6.4 Downstream Customer Analysis

6.4.1 Top Customers by Region

6.4.2 Top Customers by Application

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7 North America

7.1 North America Sales Volume and Revenue (2020-2031)

7.2 North America Key Manufacturers Sales Revenue in 2024

7.3 North America 60-120mm Caliber Ammunition Sales and Revenue by Type (2020-2031)

7.4 North America 60-120mm Caliber Ammunition Sales and Revenue by Application (2020-2031)

7.5 North America Growth Accelerators and Market Barriers

7.6 North America 60-120mm Caliber Ammunition Market Size by Country

7.6.1 North America Revenue by Country

7.6.2 North America Sales Trends by Country

7.6.3 US

7.6.4 Canada

7.6.5 Mexico

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8 Europe

8.1 Europe Sales Volume and Revenue (2020-2031)

8.2 Europe Key Manufacturers Sales Revenue in 2024

8.3 Europe 60-120mm Caliber Ammunition Sales and Revenue by Type (2020-2031)

8.4 Europe 60-120mm Caliber Ammunition Sales and Revenue by Application (2020-2031)

8.5 Europe Growth Accelerators and Market Barriers

8.6 Europe 60-120mm Caliber Ammunition Market Size by Country

8.6.1 Europe Revenue by Country

8.6.2 Europe Sales Trends by Country

8.6.3 Germany

8.6.4 France

8.6.5 U.K.

8.6.6 Italy

8.6.7 Russia

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9 Asia-Pacific

9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)

9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024

9.3 Asia-Pacific 60-120mm Caliber Ammunition Sales and Revenue by Type (2020-2031)

9.4 Asia-Pacific 60-120mm Caliber Ammunition Sales and Revenue by Application (2020-2031)

9.5 Asia-Pacific 60-120mm Caliber Ammunition Market Size by Region

9.5.1 Asia-Pacific Revenue by Region

9.5.2 Asia-Pacific Sales Trends by Region

9.6 Asia-Pacific Growth Accelerators and Market Barriers

9.7 Southeast Asia

9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)

9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand

9.8 China

9.9 Japan

9.10 South Korea

9.11 China Taiwan

9.12 India

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10 Central and South America

10.1 Central and South America Sales Volume and Revenue (2020-2031)

10.2 Central and South America Key Manufacturers Sales Revenue in 2024

10.3 Central and South America 60-120mm Caliber Ammunition Sales and Revenue by Type (2020-2031)

10.4 Central and South America 60-120mm Caliber Ammunition Sales and Revenue by Application (2020-2031)

10.5 Central and South America Investment Opportunities and Key Challenges

10.6 Central and South America 60-120mm Caliber Ammunition Market Size by Country

10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)

10.6.2 Brazil

10.6.3 Argentina

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11 Middle East and Africa

11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)

11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024

11.3 Middle East and Africa 60-120mm Caliber Ammunition Sales and Revenue by Type (2020-2031)

11.4 Middle East and Africa 60-120mm Caliber Ammunition Sales and Revenue by Application (2020-2031)

11.5 Middle East and Africa Investment Opportunities and Key Challenges

11.6 Middle East and Africa 60-120mm Caliber Ammunition Market Size by Country

11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)

11.6.2 GCC Countries

11.6.3 Turkey

11.6.4 Egypt

11.6.5 South Africa

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12 Corporate Profile

12.1 BAE Systems

12.1.1 BAE Systems Corporation Information

12.1.2 BAE Systems Business Overview

12.1.3 BAE Systems 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.1.4 BAE Systems 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.1.5 BAE Systems 60-120mm Caliber Ammunition Sales by Product in 2024

12.1.6 BAE Systems 60-120mm Caliber Ammunition Sales by Application in 2024

12.1.7 BAE Systems 60-120mm Caliber Ammunition Sales by Geographic Area in 2024

12.1.8 BAE Systems 60-120mm Caliber Ammunition SWOT Analysis

12.1.9 BAE Systems Recent Developments

12.2 Berlin Security Conference

12.2.1 Berlin Security Conference Corporation Information

12.2.2 Berlin Security Conference Business Overview

12.2.3 Berlin Security Conference 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.2.4 Berlin Security Conference 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.2.5 Berlin Security Conference 60-120mm Caliber Ammunition Sales by Product in 2024

12.2.6 Berlin Security Conference 60-120mm Caliber Ammunition Sales by Application in 2024

12.2.7 Berlin Security Conference 60-120mm Caliber Ammunition Sales by Geographic Area in 2024

12.2.8 Berlin Security Conference 60-120mm Caliber Ammunition SWOT Analysis

12.2.9 Berlin Security Conference Recent Developments

12.3 CSGC

12.3.1 CSGC Corporation Information

12.3.2 CSGC Business Overview

12.3.3 CSGC 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.3.4 CSGC 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.3.5 CSGC 60-120mm Caliber Ammunition Sales by Product in 2024

12.3.6 CSGC 60-120mm Caliber Ammunition Sales by Application in 2024

12.3.7 CSGC 60-120mm Caliber Ammunition Sales by Geographic Area in 2024

12.3.8 CSGC 60-120mm Caliber Ammunition SWOT Analysis

12.3.9 CSGC Recent Developments

12.4 Elbit Systems

12.4.1 Elbit Systems Corporation Information

12.4.2 Elbit Systems Business Overview

12.4.3 Elbit Systems 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.4.4 Elbit Systems 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.4.5 Elbit Systems 60-120mm Caliber Ammunition Sales by Product in 2024

12.4.6 Elbit Systems 60-120mm Caliber Ammunition Sales by Application in 2024

12.4.7 Elbit Systems 60-120mm Caliber Ammunition Sales by Geographic Area in 2024

12.4.8 Elbit Systems 60-120mm Caliber Ammunition SWOT Analysis

12.4.9 Elbit Systems Recent Developments

12.5 General Dynamics

12.5.1 General Dynamics Corporation Information

12.5.2 General Dynamics Business Overview

12.5.3 General Dynamics 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.5.4 General Dynamics 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.5.5 General Dynamics 60-120mm Caliber Ammunition Sales by Product in 2024

12.5.6 General Dynamics 60-120mm Caliber Ammunition Sales by Application in 2024

12.5.7 General Dynamics 60-120mm Caliber Ammunition Sales by Geographic Area in 2024

12.5.8 General Dynamics 60-120mm Caliber Ammunition SWOT Analysis

12.5.9 General Dynamics Recent Developments

12.6 Nammo

12.6.1 Nammo Corporation Information

12.6.2 Nammo Business Overview

12.6.3 Nammo 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.6.4 Nammo 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.6.5 Nammo Recent Developments

12.7 Nexter

12.7.1 Nexter Corporation Information

12.7.2 Nexter Business Overview

12.7.3 Nexter 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.7.4 Nexter 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.7.5 Nexter Recent Developments

12.8 Northrop Grumman

12.8.1 Northrop Grumman Corporation Information

12.8.2 Northrop Grumman Business Overview

12.8.3 Northrop Grumman 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.8.4 Northrop Grumman 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.8.5 Northrop Grumman Recent Developments

12.9 Rheinmetall

12.9.1 Rheinmetall Corporation Information

12.9.2 Rheinmetall Business Overview

12.9.3 Rheinmetall 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.9.4 Rheinmetall 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.9.5 Rheinmetall Recent Developments

12.10 ROMARM

12.10.1 ROMARM Corporation Information

12.10.2 ROMARM Business Overview

12.10.3 ROMARM 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.10.4 ROMARM 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.10.5 ROMARM Recent Developments

12.11 ZEVETA

12.11.1 ZEVETA Corporation Information

12.11.2 ZEVETA Business Overview

12.11.3 ZEVETA 60-120mm Caliber Ammunition Product Models, Descriptions and Specifications

12.11.4 ZEVETA 60-120mm Caliber Ammunition Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)

12.11.5 ZEVETA Recent Developments

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13 Value Chain and Supply-Chain Analysis

13.1 60-120mm Caliber Ammunition Industry Chain

13.2 60-120mm Caliber Ammunition Upstream Materials Analysis

13.2.1 Raw Materials

13.2.2 Key Suppliers Market Share & Risk Assessment

13.3 60-120mm Caliber Ammunition Integrated Production Analysis

13.3.1 Manufacturing Footprint Analysis

13.3.2 Production Technology Overview

13.3.3 Regional Cost Drivers

13.4 60-120mm Caliber Ammunition Sales Channels and Distribution Networks

13.4.1 Sales Channels

13.4.2 Distributors

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14 60-120mm Caliber Ammunition Market Dynamics

14.1 Industry Trends and Evolution

14.2 Market Growth Drivers and Emerging Opportunities

14.3 Market Challenges, Risks, and Restraints

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15 Key Findings in the Global 60-120mm Caliber Ammunition Study

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16 Appendix

16.1 Research Methodology

16.1.1 Methodology/Research Approach

16.1.1.1 Research Programs/Design

16.1.1.2 Market Size Estimation

16.1.1.3 Market Breakdown and Data Triangulation

16.1.2 Data Source

16.1.2.1 Secondary Sources

16.1.2.2 Primary Sources

16.2 Author Details

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TABLE OF FIGURES

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List of Tables

Table 1. Global 60-120mm Caliber Ammunition Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Table 2. Global 60-120mm Caliber Ammunition Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Table 3. Global 60-120mm Caliber Ammunition Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 4. Global 60-120mm Caliber Ammunition Revenue by Region (2020-2025) & (US$ Million)
Table 5. Global 60-120mm Caliber Ammunition Revenue by Region (2026-2031) & (US$ Million)
Table 6. Global 60-120mm Caliber Ammunition Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Units)
Table 7. Global 60-120mm Caliber Ammunition Sales by Region (2020-2025) & (Units)
Table 8. Global 60-120mm Caliber Ammunition Sales by Region (2026-2031) & (Units)
Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 10. Global 60-120mm Caliber Ammunition Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Units)
Table 11. Global 60-120mm Caliber Ammunition Production by Region (2020-2025) & (Units)
Table 12. Global 60-120mm Caliber Ammunition Production by Region (2026-2031) & (Units)
Table 13. Global 60-120mm Caliber Ammunition Sales by Manufacturers (2020-2025) & (Units)
Table 14. Global 60-120mm Caliber Ammunition Sales Share by Manufacturers (2020-2025)
Table 15. Global 60-120mm Caliber Ammunition Revenue by Manufacturers (2020-2025) & (US$ Million)
Table 16. Global 60-120mm Caliber Ammunition Revenue Market Share by Manufacturers (2020-2025)
Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
Table 18. Global 60-120mm Caliber Ammunition by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 60-120mm Caliber Ammunition as of 2024)
Table 19. Global 60-120mm Caliber Ammunition Average Gross Margin (%) by Manufacturer (2020 VS 2024)
Table 20. Global 60-120mm Caliber Ammunition Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Unit)
Table 21. Key Manufacturers 60-120mm Caliber Ammunition Manufacturing Base and Headquarters
Table 22. Global 60-120mm Caliber Ammunition Market Concentration Ratio (CR5 and HHI)
Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
Table 25. Global 60-120mm Caliber Ammunition Sales by Type (2020-2025) & (Units)
Table 26. Global 60-120mm Caliber Ammunition Sales by Type (2026-2031) & (Units)
Table 27. Global 60-120mm Caliber Ammunition Revenue by Type (2020-2025) & (US$ Million)
Table 28. Global 60-120mm Caliber Ammunition Revenue by Type (2026-2031) & (US$ Million)
Table 29. Global 60-120mm Caliber Ammunition ASP by Type (2020-2031) & (US$/Unit)
Table 30. Technical Specifications by Key Product Type
Table 31. Global 60-120mm Caliber Ammunition Sales by Application (2020-2025) & (Units)
Table 32. Global 60-120mm Caliber Ammunition Sales by Application (2026-2031) & (Units)
Table 33. 60-120mm Caliber Ammunition High-Growth Sectors Demand CAGR (2024-2031)
Table 34. Global 60-120mm Caliber Ammunition Revenue by Application (2020-2025) & (US$ Million)
Table 35. Global 60-120mm Caliber Ammunition Revenue by Application (2026-2031) & (US$ Million)
Table 36. Global 60-120mm Caliber Ammunition ASP by Application (2020-2031) & (US$/Unit)
Table 37. Top Customers by Region
Table 38. Top Customers by Application
Table 39. North America 60-120mm Caliber Ammunition Growth Accelerators and Market Barriers
Table 40. North America 60-120mm Caliber Ammunition Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 41. North America 60-120mm Caliber Ammunition Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 42. Europe 60-120mm Caliber Ammunition Growth Accelerators and Market Barriers
Table 43. Europe 60-120mm Caliber Ammunition Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 44. Europe 60-120mm Caliber Ammunition Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 45. Asia-Pacific 60-120mm Caliber Ammunition Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 46. Asia-Pacific 60-120mm Caliber Ammunition Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 47. Asia-Pacific 60-120mm Caliber Ammunition Growth Accelerators and Market Barriers
Table 48. Southeast Asia 60-120mm Caliber Ammunition Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 49. Central and South America 60-120mm Caliber Ammunition Investment Opportunities and Key Challenges
Table 50. Central and South America 60-120mm Caliber Ammunition Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 51. Middle East and Africa 60-120mm Caliber Ammunition Investment Opportunities and Key Challenges
Table 52. Middle East and Africa 60-120mm Caliber Ammunition Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 53. BAE Systems Corporation Information
Table 54. BAE Systems Description and Major Businesses
Table 55. BAE Systems Product Models, Descriptions and Specifications
Table 56. BAE Systems Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 57. BAE Systems Sales Value Proportion by Product in 2024
Table 58. BAE Systems Sales Value Proportion by Application in 2024
Table 59. BAE Systems Sales Value Proportion by Geographic Area in 2024
Table 60. BAE Systems 60-120mm Caliber Ammunition SWOT Analysis
Table 61. BAE Systems Recent Developments
Table 62. Berlin Security Conference Corporation Information
Table 63. Berlin Security Conference Description and Major Businesses
Table 64. Berlin Security Conference Product Models, Descriptions and Specifications
Table 65. Berlin Security Conference Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 66. Berlin Security Conference Sales Value Proportion by Product in 2024
Table 67. Berlin Security Conference Sales Value Proportion by Application in 2024
Table 68. Berlin Security Conference Sales Value Proportion by Geographic Area in 2024
Table 69. Berlin Security Conference 60-120mm Caliber Ammunition SWOT Analysis
Table 70. Berlin Security Conference Recent Developments
Table 71. CSGC Corporation Information
Table 72. CSGC Description and Major Businesses
Table 73. CSGC Product Models, Descriptions and Specifications
Table 74. CSGC Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 75. CSGC Sales Value Proportion by Product in 2024
Table 76. CSGC Sales Value Proportion by Application in 2024
Table 77. CSGC Sales Value Proportion by Geographic Area in 2024
Table 78. CSGC 60-120mm Caliber Ammunition SWOT Analysis
Table 79. CSGC Recent Developments
Table 80. Elbit Systems Corporation Information
Table 81. Elbit Systems Description and Major Businesses
Table 82. Elbit Systems Product Models, Descriptions and Specifications
Table 83. Elbit Systems Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 84. Elbit Systems Sales Value Proportion by Product in 2024
Table 85. Elbit Systems Sales Value Proportion by Application in 2024
Table 86. Elbit Systems Sales Value Proportion by Geographic Area in 2024
Table 87. Elbit Systems 60-120mm Caliber Ammunition SWOT Analysis
Table 88. Elbit Systems Recent Developments
Table 89. General Dynamics Corporation Information
Table 90. General Dynamics Description and Major Businesses
Table 91. General Dynamics Product Models, Descriptions and Specifications
Table 92. General Dynamics Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 93. General Dynamics Sales Value Proportion by Product in 2024
Table 94. General Dynamics Sales Value Proportion by Application in 2024
Table 95. General Dynamics Sales Value Proportion by Geographic Area in 2024
Table 96. General Dynamics 60-120mm Caliber Ammunition SWOT Analysis
Table 97. General Dynamics Recent Developments
Table 98. Nammo Corporation Information
Table 99. Nammo Description and Major Businesses
Table 100. Nammo Product Models, Descriptions and Specifications
Table 101. Nammo Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 102. Nammo Recent Developments
Table 103. Nexter Corporation Information
Table 104. Nexter Description and Major Businesses
Table 105. Nexter Product Models, Descriptions and Specifications
Table 106. Nexter Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 107. Nexter Recent Developments
Table 108. Northrop Grumman Corporation Information
Table 109. Northrop Grumman Description and Major Businesses
Table 110. Northrop Grumman Product Models, Descriptions and Specifications
Table 111. Northrop Grumman Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 112. Northrop Grumman Recent Developments
Table 113. Rheinmetall Corporation Information
Table 114. Rheinmetall Description and Major Businesses
Table 115. Rheinmetall Product Models, Descriptions and Specifications
Table 116. Rheinmetall Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 117. Rheinmetall Recent Developments
Table 118. ROMARM Corporation Information
Table 119. ROMARM Description and Major Businesses
Table 120. ROMARM Product Models, Descriptions and Specifications
Table 121. ROMARM Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 122. ROMARM Recent Developments
Table 123. ZEVETA Corporation Information
Table 124. ZEVETA Description and Major Businesses
Table 125. ZEVETA Product Models, Descriptions and Specifications
Table 126. ZEVETA Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 127. ZEVETA Recent Developments
Table 128. Key Raw Materials Distribution
Table 129. Raw Materials Key Suppliers
Table 130. Critical Raw Material Supplier Concentration (2024) & Risk Index
Table 131. Milestones in Production Technology Evolution
Table 132. Distributors List
Table 133. Market Trends and Market Evolution
Table 134. Market Drivers and Opportunities
Table 135. Market Challenges, Risks, and Restraints
Table 136. Research Programs/Design for This Report
Table 137. Key Data Information from Secondary Sources
Table 138. Key Data Information from Primary Sources
muLu

List of Figures

Figure 1. 60-120mm Caliber Ammunition Product Picture
Figure 2. Global 60-120mm Caliber Ammunition Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. 60mm Caliber Ammunition Product Picture
Figure 4. 81mm Caliber Ammunition Product Picture
Figure 5. 120mm Caliber Ammunition Product Picture
Figure 6. Global 60-120mm Caliber Ammunition Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Figure 7. Army
Figure 8. Navy
Figure 9. Air Force
Figure 10. 60-120mm Caliber Ammunition Report Years Considered
Figure 11. Global 60-120mm Caliber Ammunition Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 12. Global 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 13. Global 60-120mm Caliber Ammunition Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 14. Global 60-120mm Caliber Ammunition Revenue Market Share by Region (2020-2031)
Figure 15. Global 60-120mm Caliber Ammunition Sales (2020-2031) & (Units)
Figure 16. Global 60-120mm Caliber Ammunition Sales (CAGR) by Region (2020-2031) (Units)
Figure 17. Global 60-120mm Caliber Ammunition Sales Market Share by Region (2020-2031)
Figure 18. Global 60-120mm Caliber Ammunition Capacity, Production and Utilization (2020-2031) & (Units)
Figure 19. Global 60-120mm Caliber Ammunition Production Trend by Region (2020-2031) (Units)
Figure 20. Global 60-120mm Caliber Ammunition Production Market Share by Region (2020-2031)
Figure 21. Production Capacity Enablers & Constraints
Figure 22. 60-120mm Caliber Ammunition Production Growth Rate in North America (2020-2031) & (Units)
Figure 23. 60-120mm Caliber Ammunition Production Growth Rate in Europe (2020-2031) & (Units)
Figure 24. 60-120mm Caliber Ammunition Production Growth Rate in China (2020-2031) & (Units)
Figure 25. 60-120mm Caliber Ammunition Production Growth Rate in Japan (2020-2031) & (Units)
Figure 26. Top 5 and Top 10 Manufacturers 60-120mm Caliber Ammunition Sales Volume Market Share in 2024
Figure 27. Global 60-120mm Caliber Ammunition Revenue Market Share Ranking (2024)
Figure 28. Tier Distribution by Revenue Contribution (2020 VS 2024)
Figure 29. 60mm Caliber Ammunition Revenue Market Share by Manufacturer in 2024
Figure 30. 81mm Caliber Ammunition Revenue Market Share by Manufacturer in 2024
Figure 31. 120mm Caliber Ammunition Revenue Market Share by Manufacturer in 2024
Figure 32. Type Eight Revenue Market Share by Manufacturer in 2024
Figure 33. Type Nine Revenue Market Share by Manufacturer in 2024
Figure 34. Global 60-120mm Caliber Ammunition Sales Market Share by Type (2020-2031)
Figure 35. Global 60-120mm Caliber Ammunition Revenue Market Share by Type (2020-2031)
Figure 36. Global 60-120mm Caliber Ammunition Sales Market Share by Application (2020-2031)
Figure 37. Global 60-120mm Caliber Ammunition Revenue Market Share by Application (2020-2031)
Figure 38. North America 60-120mm Caliber Ammunition Sales YoY (2020-2031) & (Units)
Figure 39. North America 60-120mm Caliber Ammunition Revenue YoY (2020-2031) & (US$ Million)
Figure 40. North America Top 5 Manufacturers 60-120mm Caliber Ammunition Sales Revenue (US$ Million) in 2024
Figure 41. North America 60-120mm Caliber Ammunition Sales Volume (Units) by Type (2020- 2031)
Figure 42. North America 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Type (2020 - 2031)
Figure 43. North America 60-120mm Caliber Ammunition Sales Volume (Units) by Application (2020-2031)
Figure 44. North America 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Application (2020-2031)
Figure 45. US 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 46. Canada 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 47. Mexico 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 48. Europe 60-120mm Caliber Ammunition Sales YoY (2020-2031) & (Units)
Figure 49. Europe 60-120mm Caliber Ammunition Revenue YoY (2020-2031) & (US$ Million)
Figure 50. Europe Top 5 Manufacturers 60-120mm Caliber Ammunition Sales Revenue (US$ Million) in 2024
Figure 51. Europe 60-120mm Caliber Ammunition Sales Volume (Units) by Type (2020-2031)
Figure 52. Europe 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Type (2020-2031)
Figure 53. Europe 60-120mm Caliber Ammunition Sales Volume (Units) by Application (2020-2031)
Figure 54. Europe 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Application (2020-2031)
Figure 55. Germany 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 56. France 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 57. U.K. 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 58. Italy 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 59. Russia 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 60. Asia-Pacific 60-120mm Caliber Ammunition Sales YoY (2020-2031) & (Units)
Figure 61. Asia-Pacific 60-120mm Caliber Ammunition Revenue YoY (2020-2031) & (US$ Million)
Figure 62. Asia-Pacific Top 8 Manufacturers 60-120mm Caliber Ammunition Sales Revenue (US$ Million) in 2024
Figure 63. Asia-Pacific 60-120mm Caliber Ammunition Sales Volume (Units) by Type (2020- 2031)
Figure 64. Asia-Pacific 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Type (2020- 2031)
Figure 65. Asia-Pacific 60-120mm Caliber Ammunition Sales Volume (Units) by Application (2020-2031)
Figure 66. Asia-Pacific 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Application (2020-2031)
Figure 67. Indonesia 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 68. Japan 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 69. South Korea 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 70. China Taiwan 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 71. India 60-120mm Caliber Ammunition Revenue (2020-2031) & (US$ Million)
Figure 72. Central and South America 60-120mm Caliber Ammunition Sales YoY (2020-2031) & (Units)
Figure 73. Central and South America 60-120mm Caliber Ammunition Revenue YoY (2020-2031) & (US$ Million)
Figure 74. Central and South America Top 5 Manufacturers 60-120mm Caliber Ammunition Sales Revenue (US$ Million) in 2024
Figure 75. Central and South America 60-120mm Caliber Ammunition Sales Volume (Units) by Type (2021-2031)
Figure 76. Central and South America 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Type (2020-2031)
Figure 77. Central and South America 60-120mm Caliber Ammunition Sales Volume (Units) by Application (2020-2031)
Figure 78. Central and South America 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Application (2020-2031)
Figure 79. Brazil 60-120mm Caliber Ammunition Revenue (2020-2025) & (US$ Million)
Figure 80. Argentina 60-120mm Caliber Ammunition Revenue (2020-2025) & (US$ Million)
Figure 81. Middle East, and Africa 60-120mm Caliber Ammunition Sales YoY (2020-2031) & (Units)
Figure 82. Middle East and Africa 60-120mm Caliber Ammunition Revenue YoY (2020-2031) & (US$ Million)
Figure 83. Middle East and Africa Top 5 Manufacturers 60-120mm Caliber Ammunition Sales Revenue (US$ Million) in 2024
Figure 84. Middle East and Africa 60-120mm Caliber Ammunition Sales Volume (Units) by Type (2021-2031)
Figure 85. South America 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Type (2020-2031)
Figure 86. Middle East and Africa 60-120mm Caliber Ammunition Sales Volume (Units) by Application (2020-2031)
Figure 87. Middle East and Africa 60-120mm Caliber Ammunition Sales Revenue (US$ Million) by Application (2020-2031)
Figure 88. GCC Countries 60-120mm Caliber Ammunition Revenue (2020-2025) & (US$ Million)
Figure 89. Turkey 60-120mm Caliber Ammunition Revenue (2020-2025) & (US$ Million)
Figure 90. Egypt 60-120mm Caliber Ammunition Revenue (2020-2025) & (US$ Million)
Figure 91. South Africa 60-120mm Caliber Ammunition Revenue (2020-2025) & (US$ Million)
Figure 92. 60-120mm Caliber Ammunition Industry Chain Mapping
Figure 93. Regional 60-120mm Caliber Ammunition Manufacturing Base Distribution (%)
Figure 94. 60-120mm Caliber Ammunition Production Process
Figure 95. Regional 60-120mm Caliber Ammunition Production Cost Structure
Figure 96. Channels of Distribution (Direct Vs Distribution)
Figure 97. Bottom-up and Top-down Approaches for This Report
Figure 98. Data Triangulation
Figure 99. Key Executives Interviewed
den_biaoTiZhungShi

KEY QUESTIONS ADDRESSED BY THE REPORT

Which region is expected to have the highest market share?zhanKai
For each regional market, the report conducted in-depth comparative analysis from multiple dimensions such as market size, 3.2% compound annual growth rate, market demand, industrial structure, policy environment, and the layout of major enterprises. It systematically summarized the market characteristics and competitive environment of different regions. At the same time, it also focused on analyzing the demand structure, market growth drivers, and investment environment of each region, providing valuable references for enterprises to identify key regional markets, formulate global market layouts and sales strategies.
What was the global market size of 60-120mm Caliber Ammunition in 2025?shouQi
What was the global market size of 60-120mm Caliber Ammunition in 2031?shouQi
Which companies rank high in the global 60-120mm Caliber Ammunition market?shouQi
What is the annual compound growth rate of the global 60-120mm Caliber Ammunition market size from 2025 to 2031?shouQi
den_biaoTiZhungShi

Related Reports

Global 60-120mm Caliber Ammunition Market Outlook, In‑Depth Analysis & Forecast to 2031

Industry: Chemical & Material

Published Date: 2025-08-05

Pages: 155 Pages

Report ld: 4856010

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