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Global Artillery Shells Market Research Report 2025
Published Date: July 2025
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Report Code: QYRE-Auto-0C17931
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Global Artillery Shells Market Research Report 2024
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Global Artillery Shells Market Research Report 2025

Code: QYRE-Auto-0C17931
Report
July 2025
Pages:103
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Artillery Shells Market Size

The global market for Artillery Shells was valued at US$ 14790 million in the year 2024 and is projected to reach a revised size of US$ 4074 million by 2031, growing at a CAGR of -22.0% during the forecast period.

Artillery Shells Market

Artillery Shells Market

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 Artillery Shells competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Artillery shells are consumable munitions used in medium- and large-caliber artillery systems for delivering explosive, fragmentation, or specialized effects over long distances. Primarily deployed by military forces, they are essential to both offensive and defensive combat strategies. Artillery shells are typically used in howitzers, cannons, and similar field artillery platforms, playing a critical role in ground warfare. As a key component of modern armed forces’ firepower, these munitions are vital not only in wartime scenarios but also during periods of peace, where they serve in combat training, readiness exercises, and reserve stockpiling.
Current Market Landscape
The artillery shells market is marked by a high level of industry concentration and significant barriers to entry. Leading global suppliers are mainly headquartered in the United States and Europe, with a small number of major players accounting for the majority of global market revenue. These companies benefit from established relationships with national defense agencies, long-term contracts, and specialized technological capabilities. The industry’s growth has been reinforced by geopolitical developments, particularly the extended military conflict between Russia and Ukraine, where heavy reliance on artillery has greatly increased shell consumption on both sides. Additionally, many NATO and EU countries have faced pressure to restock depleted ammunition depots, highlighting the need for consistent supply even outside active battlefields.
Future Trends and Growth Drivers
Looking ahead, the artillery shells market is expected to experience sustained growth driven by rising global defense readiness. Increasing frequency and intensity of military training, coupled with a shift toward regularized combat simulation and confrontational drills, are expected to maintain high levels of shell consumption even during peacetime. As global security environments remain volatile, countries are reinforcing ammunition reserves and expanding their operational training programs. This persistent demand, alongside modernization efforts and heightened military investment, points to strong growth potential for artillery shells. The market is not only supported by current conflict zones but also by the structural requirements of national defense strategies worldwide.

Report Scope

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 (K 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.

Scope of Artillery Shells Market Report

Report Metric Details
Report Name Artillery Shells Market
Accounted market size in year US$ 14790 million
Forecasted market size in 2031 US$ 4074 million
Base Year year
Forecasted years 2025 - 2031
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 (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company General Dynamics, Nammo, KNDS, BAE Systems, Elbit Systems, Day & Zimmermann, Rheinmetall, Rostec, NORINCO, Poongsan Corporation, MESKO, MKE
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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.

FAQ for this report

What is the Artillery Shells Market size in 2031?

Ans: The Artillery Shells Market size in 2031 will be US$ 4074 million.

Who are the main players in the Artillery Shells Market report?

Ans: The main players in the Artillery Shells Market are General Dynamics, Nammo, KNDS, BAE Systems, Elbit Systems, Day & Zimmermann, Rheinmetall, Rostec, NORINCO, Poongsan Corporation, MESKO, MKE

What are the Application segmentation covered in the Artillery Shells Market report?

Ans: The Applications covered in the Artillery Shells Market report are High-Explosive (HE), Smoke, Illumination, Training Rounds, Other

What are the Type segmentation covered in the Artillery Shells Market report?

Ans: The Types covered in the Artillery Shells Market report are 155mm, 152mm, 122mm, 105mm, Other

Recommended Reports

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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 and Headquarters
2.7 Global Key Manufacturers of Artillery Shells, Product Offered and Application
2.8 Global Key Manufacturers of Artillery Shells, Date of Enter into This Industry
2.9 Artillery Shells Market Competitive Situation and Trends
2.9.1 Artillery Shells Market Concentration Rate
2.9.2 Global 5 and 10 Largest Artillery Shells Players Market Share by Revenue
2.10 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 China Artillery Shells Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan 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 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 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 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 Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Artillery Shells Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
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 Artillery Shells Company Information
7.1.2 General Dynamics Artillery Shells Product Portfolio
7.1.3 General Dynamics Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.1.4 General Dynamics Main Business and Markets Served
7.1.5 General Dynamics Recent Developments/Updates
7.2 Nammo
7.2.1 Nammo Artillery Shells Company Information
7.2.2 Nammo Artillery Shells Product Portfolio
7.2.3 Nammo Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Nammo Main Business and Markets Served
7.2.5 Nammo Recent Developments/Updates
7.3 KNDS
7.3.1 KNDS Artillery Shells Company Information
7.3.2 KNDS Artillery Shells Product Portfolio
7.3.3 KNDS Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.3.4 KNDS Main Business and Markets Served
7.3.5 KNDS Recent Developments/Updates
7.4 BAE Systems
7.4.1 BAE Systems Artillery Shells Company Information
7.4.2 BAE Systems Artillery Shells Product Portfolio
7.4.3 BAE Systems Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.4.4 BAE Systems Main Business and Markets Served
7.4.5 BAE Systems Recent Developments/Updates
7.5 Elbit Systems
7.5.1 Elbit Systems Artillery Shells Company Information
7.5.2 Elbit Systems Artillery Shells Product Portfolio
7.5.3 Elbit Systems Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Elbit Systems Main Business and Markets Served
7.5.5 Elbit Systems Recent Developments/Updates
7.6 Day & Zimmermann
7.6.1 Day & Zimmermann Artillery Shells Company Information
7.6.2 Day & Zimmermann Artillery Shells Product Portfolio
7.6.3 Day & Zimmermann Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Day & Zimmermann Main Business and Markets Served
7.6.5 Day & Zimmermann Recent Developments/Updates
7.7 Rheinmetall
7.7.1 Rheinmetall Artillery Shells Company Information
7.7.2 Rheinmetall Artillery Shells Product Portfolio
7.7.3 Rheinmetall Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Rheinmetall Main Business and Markets Served
7.7.5 Rheinmetall Recent Developments/Updates
7.8 Rostec
7.8.1 Rostec Artillery Shells Company Information
7.8.2 Rostec Artillery Shells Product Portfolio
7.8.3 Rostec Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Rostec Main Business and Markets Served
7.8.5 Rostec Recent Developments/Updates
7.9 NORINCO
7.9.1 NORINCO Artillery Shells Company Information
7.9.2 NORINCO Artillery Shells Product Portfolio
7.9.3 NORINCO Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.9.4 NORINCO Main Business and Markets Served
7.9.5 NORINCO Recent Developments/Updates
7.10 Poongsan Corporation
7.10.1 Poongsan Corporation Artillery Shells Company Information
7.10.2 Poongsan Corporation Artillery Shells Product Portfolio
7.10.3 Poongsan Corporation Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Poongsan Corporation Main Business and Markets Served
7.10.5 Poongsan Corporation Recent Developments/Updates
7.11 MESKO
7.11.1 MESKO Artillery Shells Company Information
7.11.2 MESKO Artillery Shells Product Portfolio
7.11.3 MESKO Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.11.4 MESKO Main Business and Markets Served
7.11.5 MESKO Recent Developments/Updates
7.12 MKE
7.12.1 MKE Artillery Shells Company Information
7.12.2 MKE Artillery Shells Product Portfolio
7.12.3 MKE Artillery Shells Production, Value, Price and Gross Margin (2020-2025)
7.12.4 MKE Main Business and Markets Served
7.12.5 MKE Recent Developments/Updates
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
List of Tables
 Table 1. Global Artillery Shells Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Artillery Shells Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Artillery Shells Production Capacity (K Rounds) by Manufacturers in 2024
 Table 4. Global Artillery Shells Production by Manufacturers (2020-2025) & (K Rounds)
 Table 5. Global Artillery Shells Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Artillery Shells Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Artillery Shells Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Artillery Shells, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Artillery Shells as of 2024)
 Table 10. Global Market Artillery Shells Average Price by Manufacturers (US$/Round) & (2020-2025)
 Table 11. Global Key Manufacturers of Artillery Shells, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Artillery Shells, Product Offered and Application
 Table 13. Global Key Manufacturers of Artillery Shells, Date of Enter into This Industry
 Table 14. Global Artillery Shells Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Artillery Shells Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Artillery Shells Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Artillery Shells Production Value Market Share by Region (2020-2025)
 Table 19. Global Artillery Shells Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Artillery Shells Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Artillery Shells Production Comparison by Region: 2020 VS 2024 VS 2031 (K Rounds)
 Table 22. Global Artillery Shells Production (K Rounds) by Region (2020-2025)
 Table 23. Global Artillery Shells Production Market Share by Region (2020-2025)
 Table 24. Global Artillery Shells Production (K Rounds) Forecast by Region (2026-2031)
 Table 25. Global Artillery Shells Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Artillery Shells Market Average Price (US$/Round) by Region (2020-2025)
 Table 27. Global Artillery Shells Market Average Price (US$/Round) by Region (2026-2031)
 Table 28. Global Artillery Shells Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Rounds)
 Table 29. Global Artillery Shells Consumption by Region (2020-2025) & (K Rounds)
 Table 30. Global Artillery Shells Consumption Market Share by Region (2020-2025)
 Table 31. Global Artillery Shells Forecasted Consumption by Region (2026-2031) & (K Rounds)
 Table 32. Global Artillery Shells Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Rounds)
 Table 34. North America Artillery Shells Consumption by Country (2020-2025) & (K Rounds)
 Table 35. North America Artillery Shells Consumption by Country (2026-2031) & (K Rounds)
 Table 36. Europe Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Rounds)
 Table 37. Europe Artillery Shells Consumption by Country (2020-2025) & (K Rounds)
 Table 38. Europe Artillery Shells Consumption by Country (2026-2031) & (K Rounds)
 Table 39. Asia Pacific Artillery Shells Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Rounds)
 Table 40. Asia Pacific Artillery Shells Consumption by Region (2020-2025) & (K Rounds)
 Table 41. Asia Pacific Artillery Shells Consumption by Region (2026-2031) & (K Rounds)
 Table 42. Latin America, Middle East & Africa Artillery Shells Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Rounds)
 Table 43. Latin America, Middle East & Africa Artillery Shells Consumption by Country (2020-2025) & (K Rounds)
 Table 44. Latin America, Middle East & Africa Artillery Shells Consumption by Country (2026-2031) & (K Rounds)
 Table 45. Global Artillery Shells Production (K Rounds) by Type (2020-2025)
 Table 46. Global Artillery Shells Production (K Rounds) by Type (2026-2031)
 Table 47. Global Artillery Shells Production Market Share by Type (2020-2025)
 Table 48. Global Artillery Shells Production Market Share by Type (2026-2031)
 Table 49. Global Artillery Shells Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Artillery Shells Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Artillery Shells Production Value Market Share by Type (2020-2025)
 Table 52. Global Artillery Shells Production Value Market Share by Type (2026-2031)
 Table 53. Global Artillery Shells Price (US$/Round) by Type (2020-2025)
 Table 54. Global Artillery Shells Price (US$/Round) by Type (2026-2031)
 Table 55. Global Artillery Shells Production (K Rounds) by Application (2020-2025)
 Table 56. Global Artillery Shells Production (K Rounds) by Application (2026-2031)
 Table 57. Global Artillery Shells Production Market Share by Application (2020-2025)
 Table 58. Global Artillery Shells Production Market Share by Application (2026-2031)
 Table 59. Global Artillery Shells Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Artillery Shells Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Artillery Shells Production Value Market Share by Application (2020-2025)
 Table 62. Global Artillery Shells Production Value Market Share by Application (2026-2031)
 Table 63. Global Artillery Shells Price (US$/Round) by Application (2020-2025)
 Table 64. Global Artillery Shells Price (US$/Round) by Application (2026-2031)
 Table 65. General Dynamics Artillery Shells Company Information
 Table 66. General Dynamics Artillery Shells Specification and Application
 Table 67. General Dynamics Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 68. General Dynamics Main Business and Markets Served
 Table 69. General Dynamics Recent Developments/Updates
 Table 70. Nammo Artillery Shells Company Information
 Table 71. Nammo Artillery Shells Specification and Application
 Table 72. Nammo Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 73. Nammo Main Business and Markets Served
 Table 74. Nammo Recent Developments/Updates
 Table 75. KNDS Artillery Shells Company Information
 Table 76. KNDS Artillery Shells Specification and Application
 Table 77. KNDS Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 78. KNDS Main Business and Markets Served
 Table 79. KNDS Recent Developments/Updates
 Table 80. BAE Systems Artillery Shells Company Information
 Table 81. BAE Systems Artillery Shells Specification and Application
 Table 82. BAE Systems Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 83. BAE Systems Main Business and Markets Served
 Table 84. BAE Systems Recent Developments/Updates
 Table 85. Elbit Systems Artillery Shells Company Information
 Table 86. Elbit Systems Artillery Shells Specification and Application
 Table 87. Elbit Systems Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 88. Elbit Systems Main Business and Markets Served
 Table 89. Elbit Systems Recent Developments/Updates
 Table 90. Day & Zimmermann Artillery Shells Company Information
 Table 91. Day & Zimmermann Artillery Shells Specification and Application
 Table 92. Day & Zimmermann Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 93. Day & Zimmermann Main Business and Markets Served
 Table 94. Day & Zimmermann Recent Developments/Updates
 Table 95. Rheinmetall Artillery Shells Company Information
 Table 96. Rheinmetall Artillery Shells Specification and Application
 Table 97. Rheinmetall Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 98. Rheinmetall Main Business and Markets Served
 Table 99. Rheinmetall Recent Developments/Updates
 Table 100. Rostec Artillery Shells Company Information
 Table 101. Rostec Artillery Shells Specification and Application
 Table 102. Rostec Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 103. Rostec Main Business and Markets Served
 Table 104. Rostec Recent Developments/Updates
 Table 105. NORINCO Artillery Shells Company Information
 Table 106. NORINCO Artillery Shells Specification and Application
 Table 107. NORINCO Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 108. NORINCO Main Business and Markets Served
 Table 109. NORINCO Recent Developments/Updates
 Table 110. Poongsan Corporation Artillery Shells Company Information
 Table 111. Poongsan Corporation Artillery Shells Specification and Application
 Table 112. Poongsan Corporation Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 113. Poongsan Corporation Main Business and Markets Served
 Table 114. Poongsan Corporation Recent Developments/Updates
 Table 115. MESKO Artillery Shells Company Information
 Table 116. MESKO Artillery Shells Specification and Application
 Table 117. MESKO Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 118. MESKO Main Business and Markets Served
 Table 119. MESKO Recent Developments/Updates
 Table 120. MKE Artillery Shells Company Information
 Table 121. MKE Artillery Shells Specification and Application
 Table 122. MKE Artillery Shells Production (K Rounds), Value (US$ Million), Price (US$/Round) and Gross Margin (2020-2025)
 Table 123. MKE Main Business and Markets Served
 Table 124. MKE Recent Developments/Updates
 Table 125. Key Raw Materials Lists
 Table 126. Raw Materials Key Suppliers Lists
 Table 127. Artillery Shells Distributors List
 Table 128. Artillery Shells Customers List
 Table 129. Artillery Shells Market Trends
 Table 130. Artillery Shells Market Drivers
 Table 131. Artillery Shells Market Challenges
 Table 132. Artillery Shells Market Restraints
 Table 133. Research Programs/Design for This Report
 Table 134. Key Data Information from Secondary Sources
 Table 135. Key Data Information from Primary Sources
 Table 136. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Artillery Shells
 Figure 2. Global Artillery Shells Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Artillery Shells Market Share by Type: 2024 VS 2031
 Figure 4. 155mm Product Picture
 Figure 5. 152mm Product Picture
 Figure 6. 122mm Product Picture
 Figure 7. 105mm Product Picture
 Figure 8. Other Product Picture
 Figure 9. Global Artillery Shells Market Value by Application, (US$ Million) & (2020-2031)
 Figure 10. Global Artillery Shells Market Share by Application: 2024 VS 2031
 Figure 11. Application One
 Figure 12. Application Two
 Figure 13. Application Three
 Figure 14. Application Four
 Figure 15. Application Five
 Figure 16. Application Six
 Figure 17. Application Seven
 Figure 18. Application Eight
 Figure 19. Application Nine
 Figure 20. Global Artillery Shells Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 21. Global Artillery Shells Production Value (US$ Million) & (2020-2031)
 Figure 22. Global Artillery Shells Production Capacity (K Rounds) & (2020-2031)
 Figure 23. Global Artillery Shells Production (K Rounds) & (2020-2031)
 Figure 24. Global Artillery Shells Average Price (US$/Round) & (2020-2031)
 Figure 25. Artillery Shells Report Years Considered
 Figure 26. Artillery Shells Production Share by Manufacturers in 2024
 Figure 27. Global Artillery Shells Production Value Share by Manufacturers (2024)
 Figure 28. Artillery Shells Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 29. The Global 5 and 10 Largest Players: Market Share by Artillery Shells Revenue in 2024
 Figure 30. Global Artillery Shells Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 31. Global Artillery Shells Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. Global Artillery Shells Production Comparison by Region: 2020 VS 2024 VS 2031 (K Rounds)
 Figure 33. Global Artillery Shells Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 34. North America Artillery Shells Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 35. Europe Artillery Shells Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 36. China Artillery Shells Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 37. Japan Artillery Shells Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 38. Global Artillery Shells Consumption by Region: 2020 VS 2024 VS 2031 (K Rounds)
 Figure 39. Global Artillery Shells Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 40. North America Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 41. North America Artillery Shells Consumption Market Share by Country (2020-2031)
 Figure 42. U.S. Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 43. Canada Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 44. Europe Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 45. Europe Artillery Shells Consumption Market Share by Country (2020-2031)
 Figure 46. Germany Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 47. France Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 48. U.K. Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 49. Italy Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 50. Russia Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 51. Asia Pacific Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 52. Asia Pacific Artillery Shells Consumption Market Share by Region (2020-2031)
 Figure 53. China Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 54. Japan Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 55. South Korea Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 56. China Taiwan Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 57. Southeast Asia Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 58. India Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 59. Latin America, Middle East & Africa Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 60. Latin America, Middle East & Africa Artillery Shells Consumption Market Share by Country (2020-2031)
 Figure 61. Mexico Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 62. Brazil Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 63. Turkey Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 64. GCC Countries Artillery Shells Consumption and Growth Rate (2020-2031) & (K Rounds)
 Figure 65. Global Production Market Share of Artillery Shells by Type (2020-2031)
 Figure 66. Global Production Value Market Share of Artillery Shells by Type (2020-2031)
 Figure 67. Global Artillery Shells Price (US$/Round) by Type (2020-2031)
 Figure 68. Global Production Market Share of Artillery Shells by Application (2020-2031)
 Figure 69. Global Production Value Market Share of Artillery Shells by Application (2020-2031)
 Figure 70. Global Artillery Shells Price (US$/Round) by Application (2020-2031)
 Figure 71. Artillery Shells Value Chain
 Figure 72. Channels of Distribution (Direct Vs Distribution)
 Figure 73. Bottom-up and Top-down Approaches for This Report
 Figure 74. Data Triangulation
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