Press Release

Middle East & Africa Large Caliber Ammunition Market to Grow with a CAGR of 3.61% through 2030

The Middle East & Africa large caliber ammunition market is driven by defense spending, military modernization, and security concerns, with trends focusing on precision-guided munitions, local production, and technological advancements in ammunition.

 

According to TechSci Research report, “Middle East & Africa Large Caliber Ammunition Market – By Country, Competition, Forecast & Opportunities, 2030F”, the Middle East & Africa Large Caliber Ammunition market stood at USD 22.39 million in 2024 and is anticipated to grow USD 27.61 million by 2030 with a CAGR 3.61% during forecast period. The Middle East & Africa (MEA) large caliber ammunition market has experienced significant growth in recent years, driven by various geopolitical, economic, and technological factors. The demand for large caliber ammunition, which encompasses artillery shells, tank ammunition, naval gun rounds, and advanced precision-guided munitions, is steadily increasing across both regional powers and emerging defense markets. The factors fueling this growth are diverse, ranging from the rising security threats and military modernization efforts in the region to the evolving nature of warfare that calls for advanced and more efficient weapons systems.

Countries like Saudi Arabia, the UAE, Israel, and Egypt, among others, are the primary players in this sector, contributing to a substantial share of the market’s overall size. These nations are bolstering their military capabilities to counter regional threats, particularly with ongoing conflicts in countries like Yemen, Syria, and Libya, along with the need to secure vast geopolitical interests, including key energy corridors in the Gulf region.

A major driver of the MEA large caliber ammunition market is the significant defense spending witnessed in the region. Many countries, particularly the Gulf states, maintain some of the highest defense budgets in the world. Saudi Arabia, for example, allocates a significant portion of its GDP to defense and security, seeking to maintain military superiority in a region rife with geopolitical tensions. The UAE, Qatar, and Kuwait also follow suit by investing in modernizing their armed forces with state-of-the-art weaponry, including large caliber ammunition. These countries are heavily reliant on artillery and armored forces, as well as naval assets, for defense, which has directly increased the demand for advanced large caliber ammunition systems capable of precision strikes and extended range.

Another critical factor propelling the market forward is the focus on modernization and upgrading defense infrastructure. Traditional military systems and older ammunition stocks are being replaced with more advanced and efficient systems that offer greater precision, longer range, and higher accuracy. Precision-guided munitions (PGMs) are one of the fastest-growing segments in the MEA large caliber ammunition market. These systems, which incorporate GPS and laser guidance, provide the ability to strike targets with high accuracy, minimizing collateral damage and enhancing operational effectiveness in complex conflict zones. PGMs, such as the Excalibur artillery shells and other advanced guided projectiles, are becoming indispensable in modern warfare, particularly for countries engaged in counterterrorism, peacekeeping, and border security operations. The adoption of these technologies also represents a shift toward more controlled and cost-effective warfare, as fewer rounds are needed to achieve tactical objectives.


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The Middle East & Africa Large Caliber Ammunition market is segmented into caliber type, end user, country and company.

Based on the end user, ground forces are the fastest-growing segment in the Middle East & Africa large caliber ammunition market, driven by increasing military modernization and the rising need for advanced artillery systems. Countries like Saudi Arabia, the UAE, and Egypt are investing heavily in upgrading their ground forces, including tanks, self-propelled artillery, and armored vehicles, all requiring large caliber ammunition. The demand for precision-guided munitions and longer-range artillery shells is increasing, enabling better combat effectiveness in asymmetric warfare and conventional defense. This trend reflects the strategic importance of ground forces in regional defense, further fueling growth in large caliber ammunition for these military units.

Based on region, the UAE is the fastest-growing segment in the Middle East & Africa large caliber ammunition market, driven by its strategic defense investments and military modernization initiatives. As part of its vision to enhance national security and regional influence, the UAE has been significantly upgrading its defense capabilities, including artillery, armored vehicles, and naval forces, which require advanced large caliber ammunition. The country’s growing focus on precision-guided munitions and increasing defense spending contribute to its rapid expansion in this market. Additionally, the UAE’s efforts to localize defense manufacturing and collaborate with global defense companies further bolster its position in the market.

 

Major companies operating in Middle East & Africa Large Caliber Ammunition market are:

  • General Dynamics Corporation
  • Kongsberg Gruppen ASA
  • Singapore Technologies Engineering Ltd
  • BAE Systems plc
  • Rheinmetall AG
  • Northrop Grumman Corporation
  • Saab AB
  • Denel SOC Ltd
  • Nammo AS
  • Diehl Stiftung & Co. KG

 

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“There is a noticeable trend toward increasing local manufacturing and defense production capabilities. Many nations in the region are keen to reduce their reliance on foreign arms suppliers, not only for reasons of national security but also to stimulate local economies and foster technological innovation within their defense industries. Countries like Saudi Arabia and the UAE have set ambitious plans to increase local defense production, in line with their broader economic diversification efforts, such as Saudi Vision 2030. This focus on domestic manufacturing aims to build local capacity for producing large caliber ammunition and other defense systems, ensuring that these nations can maintain greater control over their military supply chains while reducing reliance on imports. Furthermore, the creation of partnerships with international defense companies is allowing for technology transfer and joint ventures, strengthening the region’s defense manufacturing sector,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Middle East & Africa Large Caliber Ammunition Market By Caliber Type (40 - 60 mm, above 60mm), By End User (Naval Forces, Ground Forces), By Country, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Middle East & Africa Large Caliber Ammunition market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Middle East & Africa Large Caliber Ammunition market.

 

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The Middle East & Africa large caliber ammunition market is driven by defense spending, military modernization, and security concerns, with trends focusing on precision-guided munitions, local production, and technological advancements in ammunition

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