30mm Medium Caliber Market Size, Share, Growth Insight – 4.5% Estimated CAGR Growth by 2030

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30mm Medium Caliber Market Analysis and Insights:

The Global 30mm Medium Caliber Market size is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30.

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30mm Medium Caliber Market Dynamics

Global 30mm Medium Caliber Market Opportunity: Precision-Guided Munitions Expanding Horizons for the 30mm Medium Caliber Market

One significant opportunity in the Global 30mm Medium Caliber Market lies in the increasing demand for precision-guided munitions (PGMs) within this caliber range. The integration of advanced targeting and guidance systems with 30mm medium caliber weapons presents an opportunity for manufacturers and defense contractors to cater to the evolving needs of modern warfare. Precision-guided 30mm munitions offer enhanced accuracy and effectiveness against a variety of targets, providing military forces with a more versatile and reliable solution.

For instance, in 2022, the US military procured approximately 15,000 munitions for around USD 3.8 Billion; in 2023, they requested nearly 16,600 munitions for around USD 4.4 Billion. The consistent and substantial procurement of PGMs by the US military indicates a sustained demand for these munitions. This opportunity aligns with the growing emphasis on precision and efficiency in military operations, creating a niche for 30mm caliber systems equipped with cutting-edge guidance technologies.

30mm Medium Caliber Market Report Segmentation:

The report has segmented the market into the following categories:

Divided in to By Weapon Type

-Automatic Canon

–Vehicle-Mounted Autocannons

–Aircraft Autocannons

–Naval Autocannons

-Rotary Canon

–Rotary Wing Aircrafts

–Infantry Fighting Vehicles (IFVs)

-Naval Gun

-Anti-Craft Gun

Divided in to By Ammunition Type

-High Explosive Incendiary (HEI)

-High Explosive Incendiary-Tracer (HEI-T)

-High Explosive Incendiary/Tracer-Self Destruct (HEI/T-SD)

-Semi-Armor Piercing High Explosive Incendiary-Tracer/Self Destruct

Divided in to By Platform

-Airborne

-Naval

-Land

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Market Divided by Region/Country:

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

Who are the top Companies in the 30mm Medium Caliber Market?

BAE Systems, CBC Defense, Denel PMP, Elbit Systems Land, KNDS NV, MSM Group SRO, Munitions India Limited, Nammo AS, Northrop Grumman, Rheinmetall AG, General Dynamics Ordnance and Tactical Systems and Others

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