Industry: Chemical & Material
Published Date: 2026-04-18
Pages: 139 Pages
Report ld: 6483663
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The global Mortar Ammunition market was valued at US$ million in 2025 and is anticipated to reach US$ million by 2032, at a CAGR of %from 2026 to 2032.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Mortar Ammunition competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Mortar ammunition refers to projectiles used in mortar systems, a type of indirect-fire artillery.
The market for mortar ammunition is driven by the ongoing military modernization and replacement of aging mortar systems. Mortars are essential weapons for infantry and artillery units, providing indirect fire support and tactical flexibility. The demand for reliable and effective mortar ammunition contributes to the growth of this market.
This report delivers a comprehensive overview of the global Mortar Ammunition market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Mortar Ammunition. The Mortar Ammunition market size, estimates, and forecasts are provided in terms of output/shipments (K Rounds) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Mortar Ammunition market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Mortar Ammunition manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Mortar Ammunition manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Mortar Ammunition production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Mortar Ammunition consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings and conclusions of the report.
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:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Mortar Ammunition Market Overview
1.1 Product Definition
1.2 Mortar Ammunition by Type
1.2.1 Global Mortar Ammunition Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 60mm
1.2.3 81mm
1.2.4 120mm
1.2.5 Other
1.3 Mortar Ammunition by Application
1.3.1 Global Mortar Ammunition Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.3.2 High-Explosive (HE)
1.3.3 Smoke
1.3.4 Illumination
1.3.5 Training Rounds
1.4 Global Market Growth Prospects
1.4.1 Global Mortar Ammunition Production Value Estimates and Forecasts (2021–2032)
1.4.2 Global Mortar Ammunition Production Capacity Estimates and Forecasts (2021–2032)
1.4.3 Global Mortar Ammunition Production Estimates and Forecasts (2021–2032)
1.4.4 Global Mortar Ammunition Market Average Price Estimates and Forecasts (2021–2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Mortar Ammunition Production Market Share by Manufacturers (2021–2026)
2.2 Global Mortar Ammunition Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Mortar Ammunition, Industry Ranking, 2024 vs 2025
2.4 Global Mortar Ammunition Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Mortar Ammunition Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Mortar Ammunition, Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Mortar Ammunition, Product Offerings and Applications
2.8 Global Key Manufacturers of Mortar Ammunition, Date of Entry into the Industry
2.9 Mortar Ammunition Market Competitive Situation and Trends
2.9.1 Mortar Ammunition Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Mortar Ammunition Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Mortar Ammunition Production by Region
3.1 Global Mortar Ammunition Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Mortar Ammunition Production Value by Region (2021–2032)
3.2.1 Global Mortar Ammunition Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Mortar Ammunition by Region (2027–2032)
3.3 Global Mortar Ammunition Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Mortar Ammunition Production Volume by Region (2021–2032)
3.4.1 Global Mortar Ammunition Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Mortar Ammunition by Region (2027–2032)
3.5 Global Mortar Ammunition Market Price Analysis by Region (2021–2032)
3.6 Global Mortar Ammunition Production, Value, and Year-over-Year Growth
3.6.1 North America Mortar Ammunition Production Value Estimates and Forecasts (2021–2032)
3.6.2 Europe Mortar Ammunition Production Value Estimates and Forecasts (2021–2032)
3.6.3 China Mortar Ammunition Production Value Estimates and Forecasts (2021–2032)
3.6.4 Japan Mortar Ammunition Production Value Estimates and Forecasts (2021–2032)
4 Mortar Ammunition Consumption by Region
4.1 Global Mortar Ammunition Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Mortar Ammunition Consumption by Region (2021–2032)
4.2.1 Global Mortar Ammunition Consumption by Region (2021–2026)
4.2.2 Global Mortar Ammunition Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Mortar Ammunition Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Mortar Ammunition Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Mortar Ammunition Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Mortar Ammunition Consumption by Country (2021–2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Mortar Ammunition Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Mortar Ammunition Consumption by Region (2021–2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Mortar Ammunition Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Mortar Ammunition Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Mortar Ammunition Production by Type (2021–2032)
5.1.1 Global Mortar Ammunition Production by Type (2021–2026)
5.1.2 Global Mortar Ammunition Production by Type (2027–2032)
5.1.3 Global Mortar Ammunition Production Market Share by Type (2021–2032)
5.2 Global Mortar Ammunition Production Value by Type (2021–2032)
5.2.1 Global Mortar Ammunition Production Value by Type (2021–2026)
5.2.2 Global Mortar Ammunition Production Value by Type (2027–2032)
5.2.3 Global Mortar Ammunition Production Value Market Share by Type (2021–2032)
5.3 Global Mortar Ammunition Price by Type (2021–2032)
6 Segment by Application
6.1 Global Mortar Ammunition Production by Application (2021–2032)
6.1.1 Global Mortar Ammunition Production by Application (2021–2026)
6.1.2 Global Mortar Ammunition Production by Application (2027–2032)
6.1.3 Global Mortar Ammunition Production Market Share by Application (2021–2032)
6.2 Global Mortar Ammunition Production Value by Application (2021–2032)
6.2.1 Global Mortar Ammunition Production Value by Application (2021–2026)
6.2.2 Global Mortar Ammunition Production Value by Application (2027–2032)
6.2.3 Global Mortar Ammunition Production Value Market Share by Application (2021–2032)
6.3 Global Mortar Ammunition Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Northrop Grumman
7.1.1 Northrop Grumman Mortar Ammunition Company Information
7.1.2 Northrop Grumman Mortar Ammunition Product Portfolio
7.1.3 Northrop Grumman Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Northrop Grumman Main Business and Markets Served
7.1.5 Northrop Grumman Recent Developments/Updates
7.2 General Dynamics
7.2.1 General Dynamics Mortar Ammunition Company Information
7.2.2 General Dynamics Mortar Ammunition Product Portfolio
7.2.3 General Dynamics Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 General Dynamics Main Business and Markets Served
7.2.5 General Dynamics Recent Developments/Updates
7.3 Nammo
7.3.1 Nammo Mortar Ammunition Company Information
7.3.2 Nammo Mortar Ammunition Product Portfolio
7.3.3 Nammo Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 Nammo Main Business and Markets Served
7.3.5 Nammo Recent Developments/Updates
7.4 Nexter
7.4.1 Nexter Mortar Ammunition Company Information
7.4.2 Nexter Mortar Ammunition Product Portfolio
7.4.3 Nexter Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.4.4 Nexter Main Business and Markets Served
7.4.5 Nexter Recent Developments/Updates
7.5 BAE Systems
7.5.1 BAE Systems Mortar Ammunition Company Information
7.5.2 BAE Systems Mortar Ammunition Product Portfolio
7.5.3 BAE Systems Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.5.4 BAE Systems Main Business and Markets Served
7.5.5 BAE Systems Recent Developments/Updates
7.6 Poongsan Corporation
7.6.1 Poongsan Corporation Mortar Ammunition Company Information
7.6.2 Poongsan Corporation Mortar Ammunition Product Portfolio
7.6.3 Poongsan Corporation Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.6.4 Poongsan Corporation Main Business and Markets Served
7.6.5 Poongsan Corporation Recent Developments/Updates
7.7 Elbit Systems
7.7.1 Elbit Systems Mortar Ammunition Company Information
7.7.2 Elbit Systems Mortar Ammunition Product Portfolio
7.7.3 Elbit Systems Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.7.4 Elbit Systems Main Business and Markets Served
7.7.5 Elbit Systems Recent Developments/Updates
7.8 Day & Zimmermann
7.8.1 Day & Zimmermann Mortar Ammunition Company Information
7.8.2 Day & Zimmermann Mortar Ammunition Product Portfolio
7.8.3 Day & Zimmermann Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.8.4 Day & Zimmermann Main Business and Markets Served
7.8.5 Day & Zimmermann Recent Developments/Updates
7.9 Rheinmetall
7.9.1 Rheinmetall Mortar Ammunition Company Information
7.9.2 Rheinmetall Mortar Ammunition Product Portfolio
7.9.3 Rheinmetall Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.9.4 Rheinmetall Main Business and Markets Served
7.9.5 Rheinmetall Recent Developments/Updates
7.10 Rostec
7.10.1 Rostec Mortar Ammunition Company Information
7.10.2 Rostec Mortar Ammunition Product Portfolio
7.10.3 Rostec Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.10.4 Rostec Main Business and Markets Served
7.10.5 Rostec Recent Developments/Updates
7.11 National Presto
7.11.1 National Presto Mortar Ammunition Company Information
7.11.2 National Presto Mortar Ammunition Product Portfolio
7.11.3 National Presto Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.11.4 National Presto Main Business and Markets Served
7.11.5 National Presto Recent Developments/Updates
7.12 NORINCO
7.12.1 NORINCO Mortar Ammunition Company Information
7.12.2 NORINCO Mortar Ammunition Product Portfolio
7.12.3 NORINCO Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.12.4 NORINCO Main Business and Markets Served
7.12.5 NORINCO Recent Developments/Updates
7.13 CSGC
7.13.1 CSGC Mortar Ammunition Company Information
7.13.2 CSGC Mortar Ammunition Product Portfolio
7.13.3 CSGC Mortar Ammunition Production, Value, Price, and Gross Margin (2021–2026)
7.13.4 CSGC Main Business and Markets Served
7.13.5 CSGC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Mortar Ammunition Industry Chain Analysis
8.2 Mortar Ammunition Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Mortar Ammunition Production Modes and Processes
8.4 Mortar Ammunition Sales and Marketing
8.4.1 Mortar Ammunition Sales Channels
8.4.2 Mortar Ammunition Distributors
8.5 Mortar Ammunition Customer Analysis
9 Mortar Ammunition Market Dynamics
9.1 Mortar Ammunition Industry Trends
9.2 Mortar Ammunition Market Drivers
9.3 Mortar Ammunition Market Challenges
9.4 Mortar Ammunition Market Restraints
9.5 Impact of U.S. Tariffs
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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