Ammunition Handling System Market Report 2024 (Global Edition)

Global Ammunition Handling System Market Report 2024 Market Size Split by Platform (Land, Naval, Airborne), by Weapon Type (Cannons, Gatling Guns, Machine Guns, Main Guns, ï...

Ammunition Handling System Market Report Description

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Competitive Landscape of the Ammunition Handling System Market

The top companies prioritize innovation, product development, and strategic alliances to attain a competitive advantage in offering sophisticated and effective ammunition handling solutions for military and defense uses. The industry's emphasis on increasing efficiency and decreasing manual intervention in ammunition handling procedures is reflected in market trends that show a growing need for automated and integrated solutions.

Ammunition Handling System Industry News

• February 2023: The French Air and Space Force (AAE) has given a 10-year contract to Curtiss-Wright Corporation to service its aircraft arresting systems. Curtiss-Wright was awarded a contract for roughly USD 35 million, which included logistics, analysis, maintenance, repair, and overhaul (MRO) of equipment specific to arresting systems.

(Source: curtisswright.com/news/press-releases/news-release-details/2023/Curtiss-Wright-Receives-35-Million-Contract-to-Provide-Aircraft-Arresting-Systems-Support-to-the-French-Air-and-Space-Force-AAE/default.aspx)

Top Companies Market Share in Ammunition Handling System Industry: (In no particular order of Rank)

• Meggitt Defense Systems (US)
• McNally Industries (US)
• General Dynamics (US)
• Nobles Worldwide (US)
• Curtiss-Wright (US)
• Standard Armament (US)
• BAE Systems (UK)
• Dillon Aero (US)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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In terms of revenue, the North America Ammunition Handling System Market share was 40% of the total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue driven during the predicted period by the US. It is anticipated that this country's market will rise rapidly due to major infrastructural construction and rapid economic development. Additionally, as domestic production patterns have changed, import and export activities have increased, and consumption has increased, market actors have been better able to analyze and take advantage of future opportunities in North America.

Moreover, Asia Pacific is the fastest-growing region. The region's developing nations—China, Japan, South Korea, India, and Pakistan—increased defense spending to buy cutting-edge combat systems to strengthen their military prowess. The need for ammunition handling systems has increased as a result. It is projected that the two primary development engines for the Asia Pacific munitions handling systems market would be China and India.

The current report Scope analyzes Ammunition Handling System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Ammunition Handling System

According to Cognitive Market Research, the global Ammunition Handling System market size was estimated at USD 3251.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1300.48 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030 may be related to a number of factors, including as advancements in military technology, increased funding for defence, and an increasing focus on modernising military facilities to increase security and effectiveness. Further driving the market's expansion are geopolitical unrest and the requirement for ammunition handling systems in a range of defense applications. More important factors include the increasing need for precision-guided weapons, automation in defense systems, and the integration of cutting-edge technology like robots and artificial intelligence in ammo handling systems. The demand for dependable and effective ammunition handling systems in a range of military and law enforcement applications may have an impact on the expansion of the machine guns segment in the North American Ammunition Handling System market.

• According to Cognitive Market Research, the US had a major share in the ammunition handling system market with a market size of USD 1026.08 million in 2023 and is projected to grow at a CAGR of 7.2% during the forecast period. The need for ammunition handling systems in this nation is being fueled by governments all over the world raising their defense budgets in an effort to modernize their armed forces.
• The Canada ammunition handling system market had a market share of USD 156.06 million in 2023 and is projected to grow at a CAGR of 8.2% during the forecast period due to a rise in the need for distant weapon stations, more military spending, and the use of linkless ammo handling systems.
• The Mexico ammunition handling system market is projected to witness growth at a CAGR of 7.9% during the forecast period with a market size of USD 118.34 million in 2023.

Europe Ammunition Handling System

According to Cognitive Market Research, with a market value of USD 3251.2 million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD 975.36 million. Elevated geopolitical tensions, especially in Eastern Europe, are the root cause of this, driving governments to upgrade and strengthen their defenses. Increased spending on military modernization will result from this, with AHS being essential to improving the effectiveness, safety, and deployment speed of ordnance. Additionally, strict compliance requirements and safety standards call for automated, modern solutions that reduce risks and guarantee regulatory observance. Significant defense businesses and a significant emphasis on military modernization are characteristics of nations where this tendency is especially noticeable. The European Ammunition Handling System market's airborne segment is expanding due to various factors, such as increased military budgets, the need for advanced armaments in air forces, and an emphasis on improving operational capabilities.

• According to Cognitive Market Research, the Germany ammunition handling system market size was valued at USD 193.12 million in 2023 and is projected to grow at a CAGR of 7.9% during the forecast period. As border tensions between several countries continue to escalate, the demand for ammunition has increased globally.  
• The United Kingdom ammunition handling system market had a market share of USD 163.86 million in 2023 and is projected to grow at a CAGR of 7.9% during the forecast period due to the military forces all over the world's strong need for gun turret systems and remote weapon stations, as well as the expansion of military modernization programs in this nation and the redesign of the country's current battle platforms.
• The France ammunition handling system market is projected to witness growth at a CAGR of 6.9% during the forecast period with a market size of USD 89.73 million in 2023.
• The Italy ammunition handling system market is projected to witness growth at a CAGR of 7.1% during the forecast period with a market size of USD 83.88 million in 2023.
• The Russia ammunition handling system market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 151.18 million in 2023.
• The Spain ammunition handling system market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD 20.48 million in 2023.
• The Portugal ammunition handling system market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 20.48 million in 2023.
• The Luxembourg ammunition handling system market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD 30.24 million in 2023.
• The Greece ammunition handling system market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 11.70 million in 2023.
• The Rest of Europe ammunition handling system market is projected to witness growth at a CAGR of 6.4% during the forecast period with a market size of USD 151.18 million in 2023.

Asia Pacific Ammunition Handling System

According to Cognitive Market Research, the global Ammunition Handling System market size was estimated at USD 3251.2 Million out of which Asia Pacific held the market of more than 23% of the global revenue with a market size of USD 747.78 million in 2023 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2023 to 2030 with South Korea, China, and India being the main nations offering rich growth prospects. The Asia-Pacific region is home to a sizable number of manufacturers of ammunition handling systems, which is fueling the market's expansion. Additionally, rising defense spending in emerging nations is creating a substantial need for ammunition handling systems. The Asia Pacific ammunition handling system market is expected to increase as a result of the military forces of various nations updating its combat platforms. Modernization initiatives and rising defense expenditures impacted the market for ammunition handling systems in the Asia Pacific region. Geopolitical tensions and growing worries about regional security might be the cause of the land segment's growth.

• According to Cognitive Market Research, the China ammunition handling system market size was valued at USD 336.50 million in 2023 and is projected to grow at a CAGR of 10.7% during the forecast period. Governments throughout the world are increasing their defense budgets in an attempt to upgrade their armed forces, which is driving the need for ammunition handling systems in this country.
• The India ammunition handling system market had a market share of USD 89.73 million in 2023 and is projected to grow at a CAGR of 13.0% during the forecast period because of the growing need for gun turret systems and remote weapon stations among military forces worldwide, as well as the country's present battle platforms being redesigned and military modernization initiatives being expanded.
• The Japan ammunition handling system market is projected to witness growth at a CAGR of 9.7% during the forecast period with a market size of USD 103.19 million in 2023.
• The South Korea ammunition handling system market is projected to witness growth at a CAGR of 10.3% during the forecast period with a market size of USD 74.78 million in 2023.
• The Australia ammunition handling system market is projected to witness growth at a CAGR of 10.9% during the forecast period with a market size of USD 38.88 million in 2023.
• The South East Asia ammunition handling system market is projected to witness growth at a CAGR of 12.2% during the forecast period with a market size of USD 51.60 million in 2023.
• The Rest of Asia Pacific ammunition handling system market is projected to witness growth at a CAGR of 11.0% during the forecast period with a market size of USD 53.09 million in 2023.

South America Ammunition Handling System

According to Cognitive Market Research, the global Ammunition handling system market size was estimated at USD 3251.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 162.56 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. The region's military capabilities are being bolstered by higher defense spending, modernization programs, and an increasing demand for sophisticated munitions handling technologies. The need for these systems may also be influenced by threats, changing security concerns, and geopolitical variables. Moreover, technological breakthroughs, partnerships between local military companies and foreign partners, and an emphasis on improving the security and effectiveness of ammunition handling procedures are anticipated to drive market expansion in Latin America. The development of the cannons category may be impacted by modernization projects, new dangers, and geopolitical conflicts that have an impact on defense goals. Furthermore, the sector may grow if smart technologies and automation for ammo handling systems improve.

• According to Cognitive Market Research, the Brazil ammunition handling system market size was valued at USD 69.58 million in 2023 and is projected to grow at a CAGR of 9.2% during the forecast period. Global ammunition consumption has surged as border tensions between multiple countries continue to rise.  
• The Argentina ammunition handling system market had a market share of USD 27.31 million in 2023 and is projected to grow at a CAGR of 9.5% during the forecast period due to a rise in military spending, the need for distant weapon stations, and the implementation of linkless ammo handling technologies.
• The Colombia ammunition handling system market is projected to witness growth at a CAGR of 8.4% during the forecast period with a market size of USD 14.47 million in 2023.
• The Peru ammunition handling system market is projected to witness growth at a CAGR of 8.8% during the forecast period with a market size of USD 13.33 million in 2023.
• The Chile ammunition handling system market is projected to witness growth at a CAGR of 8.9% during the forecast period with a market size of USD 11.70 million in 2023.
• The Rest of Latin America ammunition handling system market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 26.17 million in 2023.

Middle East and Africa Ammunition Handling System

According to Cognitive Market Research, the global Ammunition Handling System market size was estimated at USD 3251.2 Million out of which Middle East and Africa held the major market of more than 2% of the global revenue with a market size of USD 65.02 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030. The use of automated and integrated munitions handling systems is fueled by the necessity for effective supply chain management and logistics, as well as technological improvements. The market is expanding because of the growing need for advanced, dependable, and secure ammunition handling solutions in the Middle East and Africa as countries emphasize upgrading their defense infrastructure. The Middle East and Africa's ammunition handling system market is expanding thanks in part to partnerships with foreign defense contractors and an emphasis on homegrown production capacities. The Middle East and Africa Ammunition Handling System market's naval segment's rise may be attributed to a number of reasons, including defense spending, modernization projects, and regional security dynamics. The market is anticipated to grow as a result of the need for sophisticated naval capabilities and effective ammunition handling systems to improve operational preparedness.

• According to Cognitive Market Research, the GCC Countries ammunition handling system market size was valued at USD 27.83 million in 2023 and is projected to grow at a CAGR of 9.7% during the forecast period as a result of increased military spending, the requirement for remote weapon stations, and the adoption of linkless ammunition handling systems.
• The South Africa ammunition handling system market had a market share of USD 10.27 million in 2023 and is projected to grow at a CAGR of 9.9% during the forecast period. Ammunition handling systems are becoming more and more necessary in this nation as governments across the world raise their defense budgets in an effort to modernize their armed forces.
• The Egypt ammunition handling system market is projected to witness growth at a CAGR of 9.2% during the forecast period with a market size of USD 6.83 million in 2023.
• The Turkey ammunition handling system market is projected to witness growth at a CAGR of 8.4% during the forecast period with a market size of USD 5.59 million in 2023.
• The Nigeria ammunition handling system market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 6.83 million in 2023.
• The Rest of MEA ammunition handling system market is projected to witness growth at a CAGR of 7.9% during the forecast period with a market size of USD 7.67 million in 2023.

Ammunition Handling System Market Analysis

Ammunition Handling System Platform Segment Analysis

According to Cognitive Market Research, the land category held the major market share over the forecast period. The rise in popularity of land warfare vehicles, including tanks, infantry fighting vehicles (IFVs), armored personnel carriers (APCs), and mine-resistant ambush protected (MRAP) vehicles, is responsible for this expansion. In addition, the need for ammunition handling systems in the defense sector has expanded dramatically over the past few years, owing to the large rise in the manufacturing of linear linkless ammunition feed systems.

Additionally, naval is the fastest-growing category over the forecast period driven by the need for sophisticated, automated technologies to improve the effectiveness and safety of ammunition handling on naval vessels, modernization initiatives by militaries, and growing concerns about maritime security on a worldwide scale. This market sector is growing as a result of geopolitical developments and technological advancements.

• Land
  • Artillery
    • Howitzer
    • Mortar
  • Infantry
    • Tanks
    • Infantry Fighting Vehicles (IFVs)
    • Armored Personnel Carriers (APCs)
    • Mine Resistant Ambush Protected (MRAP)
  • Others
    • Air Defense Platform
    • Unmanned Ground Vehicles (UGVs)
    • Handheld
• Naval
  • Carrier Battle Ground Ships
    • Frigates
    • Corvettes
    • Destroyers
  • Coastal/Littoral Ships
    • Offshore Patrol Vessel (OPVs)
    • Unmanned Surface Vehicles (USVs)
• Airborne
  • Fighter Aircraft
  • Helicopters
  • Combat Support Aircraft
  • Unmanned Aerial Vehicles (UAVs)

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Ammunition Handling System Industry. Request a Free Sample PDF!

Ammunition Handling System Application Segment Analysis

The gatling guns segment holds a prominent market share. The primary driver of the market's expansion is the growing use of gatling guns for anti-aircraft operations by armed forces around the world.

According to Cognitive Market Research, machine guns are the fastest-growing category over the forecast period due to the fact that compared to other weapon types, it has a higher requirement for ammo. For machine gun ammunition to be utilized effectively in practice, it must also be handled properly.

• Cannons
• Gatling Guns
• Machine Guns
• Main Guns
• Launchers

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Ammunition Handling System Component Segment Analysis

According to Cognitive Market Research, the ammunition storage units category holds a prominent market share affected by increasing defense budgets, developments in military technology, and the necessity for efficient and safe ammunition management. The modernization of the military forces and geopolitical tensions also contribute to the growth of this market category.

In addition, loading systems are the fastest-growing category over the forecast period influenced by factors like rising defense budgets, technology breakthroughs, and the need for automated and effective ammo handling systems for military use. As defense firms look for more advanced and efficient solutions for ammunition handling and logistics, this field is probably going to grow.

• Loading Systems
• Drive Assembly
• Ammunition Storage Units
• Auxiliary Power Units
• Others

Ammunition Handling System Feeding Mechanism Segment Analysis

According to Cognitive Market Research, the linkless category holds a prominent market share because it permits the use of conveyor systems to load ammunition into weapons. Moreover, this technique facilitates the download of unfired rounds and used casings. The necessity for more military modernization initiatives, increased gun system firepower, and the acquisition of new military hardware is being exacerbated by the rise of this mechanism.

Moreover, the linked is the fastest-growing category over the forecast period as a result of higher global defense spending. Linked categories that improve the effectiveness and safety of munitions handling systems, like smart technology and advanced robots, also contribute to this growth.

• Linked
• Linkless

Ammunition Handling System Mode of Operation Segment Analysis

The automatic subsegment holds a prominent market share. Automatic ammunition handling systems facilitate the automatic handling of rounds with convenience and dependability. The market for ammunition handling systems also contributes to weapon systems' increased firepower. Because weapon systems operate automatically, soldiers are shielded from direct enemy fire by ammunition management devices mounted on a platform.

According to Cognitive Market Research, the semi-automatic is the fastest-growing category over the forecast period, impacted by rising demand for efficiency, reduced human error, and greater operating speed in military applications. This pattern fits nicely with the larger industry's move toward automation and cutting-edge technologies for increased dependability and performance.

• Automatic
• Semi-automatic

Author's Detail

Anjali Lawand

Research Associate at Cognitive Market Research

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Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.

Author's Conclusion