The global Artillery Shells market was valued at USD 14,790 million in 2024 and is expected to reach USD 4,075 million by the end of 2031, growing at a CAGR of -22.04% between 2025 and 2031.
This report aims to provide a comprehensive presentation of the global market for Artillery Shells, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artillery Shells.
The Artillery Shells market size, estimations, and forecasts are provided in terms of output/shipments (Thousand Rounds) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Artillery Shells market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Artillery Shells manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- General Dynamics
- Nammo
- KNDS
- BAE Systems
- Elbit Systems
- Day & Zimmermann
- Rheinmetall
- Rostec
- NORINCO
- Poongsan Corporation
- MESKO
- MKE
Segment by Type
- 155mm
- 152mm
- 122mm
- 105mm
- Other
Segment by Application
- High-Explosive (HE)
- Smoke
- Illumination
- Training Rounds
- Other
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America
- U.S.
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Europe
- Russia
- Ukraine
- France
- Germany
- UK
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Artillery Shells manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Artillery Shells by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Artillery Shells in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Table of Contents
1 Artillery Shells Market Overview
- 1.1 Product Definition
- 1.2 Artillery Shells by Type
- 1.2.1 Global Artillery Shells Market Value Growth Rate Analysis by Type: 2024 VS 2031
- 1.2.2 155mm
- 1.2.3 152mm
- 1.2.4 122mm
- 1.2.5 105mm
- 1.2.6 Other
- 1.3 Artillery Shells by Application
- 1.3.1 Global Artillery Shells Market Value Growth Rate Analysis by Application: 2024 VS 2031
- 1.3.2 High-Explosive (HE)
- 1.3.3 Smoke
- 1.3.4 Illumination
- 1.3.5 Training Rounds
- 1.3.6 Other
- 1.4 Global Market Growth Prospects
- 1.4.1 Global Artillery Shells Production Value Estimates and Forecasts (2020-2031)
- 1.4.2 Global Artillery Shells Production Capacity Estimates and Forecasts (2020-2031)
- 1.4.3 Global Artillery Shells Production Estimates and Forecasts (2020-2031)
- 1.4.4 Global Artillery Shells Market Average Price Estimates and Forecasts (2020-2031)
- 1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
- 2.1 Global Artillery Shells Production Market Share by Manufacturers (2020-2025)
- 2.2 Global Artillery Shells Production Value Market Share by Manufacturers (2020-2025)
- 2.3 Global Key Players of Artillery Shells, Industry Ranking, 2023 VS 2024
- 2.4 Global Artillery Shells Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 2.5 Global Artillery Shells Average Price by Manufacturers (2020-2025)
- 2.6 Global Key Manufacturers of Artillery Shells, Manufacturing Base Distribution
- 2.7 Global Key Manufacturers of Artillery Shells, Date of Enter into This Industry
- 2.8 Artillery Shells Market Competitive Situation and Trends
- 2.8.1 Artillery Shells Market Concentration Rate
- 2.8.2 Global 5 and 10 Largest Artillery Shells Players Market Share by Revenue
- 2.9 Mergers & Acquisitions, Expansion
3 Artillery Shells Production by Region
- 3.1 Global Artillery Shells Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
- 3.2 Global Artillery Shells Production Value by Region (2020-2031)
- 3.2.1 Global Artillery Shells Production Value by Region (2020-2025)
- 3.2.2 Global Forecasted Production Value of Artillery Shells by Region (2026-2031)
- 3.3 Global Artillery Shells Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
- 3.4 Global Artillery Shells Production Volume by Region (2020-2031)
- 3.4.1 Global Artillery Shells Production by Region (2020-2025)
- 3.4.2 Global Forecasted Production of Artillery Shells by Region (2026-2031)
- 3.5 Global Artillery Shells Market Price Analysis by Region (2020-2025)
- 3.6 Global Artillery Shells Production and Value, Year-over-Year Growth
- 3.6.1 North America Artillery Shells Production Value Estimates and Forecasts (2020-2031)
- 3.6.2 Europe Artillery Shells Production Value Estimates and Forecasts (2020-2031)
- 3.6.3 Asia-Pacific Artillery Shells Production Value Estimates and Forecasts (2020-2031)
- 3.6.4 Latin America Artillery Shells Production Value Estimates and Forecasts (2020-2031)
- 3.6.5 Middle East & Africa Artillery Shells Production Value Estimates and Forecasts (2020-2031)
4 Artillery Shells Consumption by Region
- 4.1 Global Artillery Shells Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
- 4.2 Global Artillery Shells Consumption by Region (2020-2031)
- 4.2.1 Global Artillery Shells Consumption by Region (2020-2025)
- 4.2.2 Global Artillery Shells Forecasted Consumption by Region (2026-2031)
- 4.3 North America
- 4.3.1 North America Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.3.2 North America Artillery Shells Consumption by Country (2020-2031)
- 4.3.3 U.S.
- 4.3.4 Canada
- 4.4 Europe
- 4.4.1 Europe Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.4.2 Europe Artillery Shells Consumption by Country (2020-2031)
- 4.4.3 Russia
- 4.4.4 Ukraine
- 4.4.5 Germany
- 4.4.6 France
- 4.4.7 U.K.
- 4.5 Asia Pacific
- 4.5.1 Asia Pacific Artillery Shells Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
- 4.5.2 Asia Pacific Artillery Shells Consumption by Region (2020-2031)
- 4.5.3 China
- 4.5.4 Japan
- 4.5.5 South Korea
- 4.5.6 Australia
- 4.5.7 Southeast Asia
- 4.5.8 India
- 4.6 Latin America
- 4.6.1 Latin America Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.6.2 Latin America Artillery Shells Consumption by Country (2020-2031)
- 4.6.3 Mexico
- 4.6.4 Brazil
- 4.7 Middle East & Africa
- 4.7.1 Middle East & Africa Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.7.2 Middle East & Africa Artillery Shells Consumption by Country (2020-2031)
5 Segment by Type
- 5.1 Global Artillery Shells Production by Type (2020-2031)
- 5.1.1 Global Artillery Shells Production by Type (2020-2025)
- 5.1.2 Global Artillery Shells Production by Type (2026-2031)
- 5.1.3 Global Artillery Shells Production Market Share by Type (2020-2031)
- 5.2 Global Artillery Shells Production Value by Type (2020-2031)
- 5.2.1 Global Artillery Shells Production Value by Type (2020-2025)
- 5.2.2 Global Artillery Shells Production Value by Type (2026-2031)
- 5.2.3 Global Artillery Shells Production Value Market Share by Type (2020-2031)
- 5.3 Global Artillery Shells Price by Type (2020-2031)
6 Segment by Application
- 6.1 Global Artillery Shells Production by Application (2020-2031)
- 6.1.1 Global Artillery Shells Production by Application (2020-2025)
- 6.1.2 Global Artillery Shells Production by Application (2026-2031)
- 6.1.3 Global Artillery Shells Production Market Share by Application (2020-2031)
- 6.2 Global Artillery Shells Production Value by Application (2020-2031)
- 6.2.1 Global Artillery Shells Production Value by Application (2020-2025)
- 6.2.2 Global Artillery Shells Production Value by Application (2026-2031)
- 6.2.3 Global Artillery Shells Production Value Market Share by Application (2020-2031)
- 6.3 Global Artillery Shells Price by Application (2020-2031)
7 Key Companies Profiled
- 7.1 General Dynamics
- 7.1.1 General Dynamics Company Information
- 7.1.2 General Dynamics Introduction and Business Overview
- 7.1.3 General Dynamics Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.1.4 General Dynamics Artillery Shells Products Offered
- 7.1.5 General Dynamics Recent Development
- 7.2 Nammo
- 7.2.1 Nammo Company Information
- 7.2.2 Nammo Introduction and Business Overview
- 7.2.3 Nammo Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.2.4 Nammo Artillery Shells Products Offered
- 7.2.5 Nammo Recent Development
- 7.3 KNDS
- 7.3.1 KNDS Company Information
- 7.3.2 KNDS Introduction and Business Overview
- 7.3.3 KNDS Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.3.4 KNDS Artillery Shells Products Offered
- 7.3.5 KNDS Recent Development
- 7.4 BAE Systems
- 7.4.1 BAE Systems Company Information
- 7.4.2 BAE Systems Introduction and Business Overview
- 7.4.3 BAE Systems Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.4.4 BAE Systems Artillery Shells Products Offered
- 7.4.5 BAE Systems Recent Development
- 7.5 Elbit Systems
- 7.5.1 Elbit Systems Company Information
- 7.5.2 Elbit Systems Introduction and Business Overview
- 7.5.3 Elbit Systems Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.5.4 Elbit Systems Artillery Shells Products Offered
- 7.5.5 Elbit Systems Recent Development
- 7.6 Day & Zimmermann
- 7.6.1 Day & Zimmermann Company Information
- 7.6.2 Day & Zimmermann Introduction and Business Overview
- 7.6.3 Day & Zimmermann Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.6.4 Day & Zimmermann Artillery Shells Products Offered
- 7.6.5 Day & Zimmermann Recent Development
- 7.7 Rheinmetall
- 7.7.1 Rheinmetall Company Information
- 7.7.2 Rheinmetall Introduction and Business Overview
- 7.7.3 Rheinmetall Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.7.4 Rheinmetall Artillery Shells Products Offered
- 7.7.5 Rheinmetall Recent Development
- 7.8 Rostec
- 7.8.1 Rostec Company Information
- 7.8.2 Rostec Introduction and Business Overview
- 7.8.3 Rostec Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.8.4 Rostec Artillery Shells Products Offered
- 7.8.5 Rostec Recent Development
- 7.9 NORINCO
- 7.9.1 NORINCO Company Information
- 7.9.2 NORINCO Introduction and Business Overview
- 7.9.3 NORINCO Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.9.4 NORINCO Artillery Shells Products Offered
- 7.10 Poongsan Corporation
- 7.10.1 Poongsan Corporation Company Information
- 7.10.2 Poongsan Corporation Introduction and Business Overview
- 7.10.3 Poongsan Corporation Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.10.4 Poongsan Corporation Artillery Shells Products Offered
- 7.11 MESKO
- 7.11.1 MESKO Company Information
- 7.11.2 MESKO Introduction and Business Overview
- 7.11.3 MESKO Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.11.4 MESKO Artillery Shells Products Offered
- 7.11.5 MESKO Recent Development
- 7.12 MKE
- 7.12.1 MKE Company Information
- 7.12.2 MKE Introduction and Business Overview
- 7.12.3 MKE Artillery Shells Production, Revenue and Gross Margin (2020-2025)
- 7.12.4 MKE Artillery Shells Products Offered
8 Industry Chain and Sales Channels Analysis
- 8.1 Artillery Shells Industry Chain Analysis
- 8.2 Artillery Shells Raw Material Supply Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.3 Artillery Shells Production Mode & Process Analysis
- 8.4 Artillery Shells Sales and Marketing
- 8.4.1 Artillery Shells Sales Channels
- 8.4.2 Artillery Shells Distributors
- 8.5 Artillery Shells Customer Analysis
9 Artillery Shells Market Dynamics
- 9.1 Artillery Shells Industry Trends
- 9.2 Artillery Shells Market Drivers
- 9.3 Artillery Shells Market Challenges
- 9.4 Artillery Shells Market Restraints
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