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Global Mortar Ammunition Market Research Report: Forecast (2025-2030)

Mortar Ammunition Market - By Ammunition Type (High-Explosive Rounds, Illumination Rounds, Smoke Rounds, Precision Guided Rounds, Training Rounds, Anti-Personal Anti Material (MAPA......M) Rounds), By End User (Defense Forces, Private Security/Military Firms), By Ammunition Calibre (60mm, 81mm, 82, 120mm), By Range (Short Range, Medium Range, Long Range), By Technological Advancement (Standard Ammunition, Advanced Ammunition), and Others Read more

Aerospace & Defense
Feb 2025
Pages 198
Report Format: PDF, Excel, PPT

Market Definition

Mortar ammunition is explosive rounds designed to be used from mortar weapons. Typically, the weapons discharge shells at steep angles that allow the shells to hit the enemy at the bottom of trenches, bunkers, or other barriers and targets. Mortar ammunition includes different types such as high-explosive, smoke, and illumination rounds, which are tailored to meet specific combat requirements.

Market Insights & Analysis: Global Mortar Ammunition Market (2025-30):

The Global Mortar Ammunition Market size was valued at around USD 86 million in 2024 and is projected to reach USD 115 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5% during the forecast period, i.e., 2025-30.

The market is recording a robust growth pace, spurred on by surging geopolitical tensions across the globe. The Russian-Ukraine war, combined with those in the Middle East, has created increased demand for mortar ammunition, particularly high-explosive rounds, which are cheap and adaptable for offensive and defensive operations alike. Europe dominates the market in 2024 since the region has been expanding its production levels because of the war in Eastern Europe. Nations such as Ukraine have increased their mortar shell production to almost one million rounds annually owing to the war. Further, the continuous escalation of conflicts in the Middle East is also increasing the demand for mortar ammunition.

Report Coverage	Details
Historical Years	2020-23
Base Years	2024
Forecast Years	2025-30
Market Value in 2024	USD 86 Million
Market Value by 2030	USD 115 Million
CAGR (2025-30)	5%
Leading Region	Europe
Top Key Players	Elbit Systems, BAE Systems PLC, Rheinmetall AG, SAAB AB, Northrop Grumman, NAMMO AB, Hirtenberger Defence Systems, Singapore Technologies Engineering Ltd., Arsenal JSCo., Poongsan, Day & Zimmermann, ROSTEC, CSG, Thales, General Dynamics Ordinance and Tactical Systems, KNDS, and Others
Key Report Highlights	Market Dimensions & Projections Pricing Evaluation, Recent Strategic Moves by Companies, Primary Stakeholders, Analysis of Import and Export Trends, Competitive Landscape Assessment, Emerging Opportunities, Market Trends and Indicators

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Moreover, the rising expenditure on defense at the global level is also increasing the need for mortar ammunition everywhere. This would lead to adding arms and ammunition stock in nations all around the globe. For example, worldwide defense expenditure has increased by almost 7% to approximately USD 2.5 trillion on a YoY basis in 2023 which is the sharpest increase in the global defense expenditure since 2009, as per SIPRI. This growth was observed in all the regions of the world. Additionally, the growing demand is making the top market players increase their production capacities. In the future, the market will expand more with growing defense budgets and production capacity, particularly in Europe. This will be able to provide a robust demand for mortar ammunition during the forecast period.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Mortar Ammunition Market Trends & Developments
Global Mortar Ammunition Start-Up Ecosystem
Global Mortar Ammunition Market Dynamics
1. Drivers
2. Challenges
Global Mortar Ammunition Market Regulations, Policies & Standards
Global Mortar Ammunition Market Hotspot & Opportunities
Global Mortar Ammunition Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Ammunition Type
    1. High-Explosive Rounds- Market Size & Forecast 2020-2030, USD Million
    2. Illumination Rounds- Market Size & Forecast 2020-2030, USD Million
    3. Smoke Rounds- Market Size & Forecast 2020-2030, USD Million
    4. Precision Guided Rounds- Market Size & Forecast 2020-2030, USD Million
    5. Training Rounds- Market Size & Forecast 2020-2030, USD Million
    6. Anti-Personal Anti Material (MAPAM) Rounds- Market Size & Forecast 2020-2030, USD Million
  2. By End User
    1. Defense Forces- Market Size & Forecast 2020-2030, USD Million
    2. Private Security/Military Firms- Market Size & Forecast 2020-2030, USD Million
  3. By Ammunition Calibre
    1. 60mm- Market Size & Forecast 2020-2030, USD Million
    2. 81mm- Market Size & Forecast 2020-2030, USD Million
    3. 82- Market Size & Forecast 2020-2030, USD Million
    4. 120mm- Market Size & Forecast 2020-2030, USD Million
  4. By Range
    1. Short Range- Market Size & Forecast 2020-2030, USD Million
    2. Medium Range- Market Size & Forecast 2020-2030, USD Million
    3. Long Range- Market Size & Forecast 2020-2030, USD Million
  5. By Technological Advancement
    1. Standard Ammunition- Market Size & Forecast 2020-2030, USD Million
    2. Advanced Ammunition- Market Size & Forecast 2020-2030, USD Million
  6. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  7. By Competition
    1. Competition Characteristics
    2. Market Share Analysis
North America Mortar Ammunition Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
  2. By End User- Market Size & Forecast 2020-2030, USD Million
  3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
  4. By Range- Market Size & Forecast 2020-2030, USD Million
  5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
  6. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Mortar Ammunition Market, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
4. Canada Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
5. Mexico Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
South America Mortar Ammunition Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
  2. By End User- Market Size & Forecast 2020-2030, USD Million
  3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
  4. By Range- Market Size & Forecast 2020-2030, USD Million
  5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
  6. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
4. Argentina Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
Europe Mortar Ammunition Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
  2. By End User- Market Size & Forecast 2020-2030, USD Million
  3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
  4. By Range- Market Size & Forecast 2020-2030, USD Million
  5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
  6. By Country
    1. The UK
    2. Germany
    3. France
    4. Russia
    5. Italy
    6. Spain
    7. Rest of Europe
3. The UK Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
4. Germany Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
5. France Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
6. Russia Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
7. Italy Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
8. Spain Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
The Middle East and Africa Mortar Ammunition Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
  2. By End User- Market Size & Forecast 2020-2030, USD Million
  3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
  4. By Range- Market Size & Forecast 2020-2030, USD Million
  5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
  6. By Country
    1. The UAE
    2. South Africa
    3. Turkey
    4. Rest of Middle East & Africa
3. The UAE Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
4. South Africa Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
5. Turkey Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
Asia-Pacific Mortar Ammunition Market Outlook, 2020-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Size & Analysis
  1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
  2. By End User- Market Size & Forecast 2020-2030, USD Million
  3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
  4. By Range- Market Size & Forecast 2020-2030, USD Million
  5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
  6. By Country
    1. China
    2. India
    3. Japan
    4. Australia
    5. South Korea
    6. Singapore
    7. Others
3. China Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
4. India Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
5. Japan Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
6. Australia Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
7. South Korea Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
8. Singapore Mortar Ammunition Market Outlook, 2020-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Size & Analysis
    1. By Ammunition Type- Market Size & Forecast 2020-2030, USD Million
    2. By End User- Market Size & Forecast 2020-2030, USD Million
    3. By Ammunition Calibre- Market Size & Forecast 2020-2030, USD Million
    4. By Range- Market Size & Forecast 2020-2030, USD Million
    5. By Technological Advancement- Market Size & Forecast 2020-2030, USD Million
Global Mortar Ammunition Market Key Strategic Imperatives for Success & Growth
Competitive Outlook
1. Company Profiles
  1. Elbit Systems[S1]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. BAE Systems PLC[S2]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Rheinmetall AG[S3]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. SAAB AB[S4]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Northrop Grumman[S5]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. NAMMO AB[S6]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Hirtenberger Defence Systems[S7]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Singapore Technologies Engineering Ltd.[S8]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Arsenal JSCo.[S9]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Poongsan[S10]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Day & Zimmermann[S11]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. ROSTEC[S12]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  13. CSG[S13]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  14. Thales[S14]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  15. General Dynamics Ordinance and Tactical Systems Corporation[S15]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  16. KNDS[S16]
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  17. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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