세계의 탱크 탄약(120m, 125mm) 시장(2024-2034년)

The global Tank Ammunition market is estimated at USD 3.70 billion in 2024, projected to grow to USD 4.50 billion by 2034 at a Compound Annual Growth Rate (CAGR) of 1.98% over the forecast period 2024-2034.

Introduction to Tank Ammunition Market (120mm and 125mm)

The tank ammunition market, particularly focusing on 120mm and 125mm calibers, is a critical segment of the global defense industry. These calibers are standard for many main battle tanks (MBTs) across the world, including models like the M1 Abrams, Leopard 2 (120mm), and the T-90 (125mm). The market encompasses a variety of ammunition types, including armor-piercing, high-explosive, and advanced kinetic energy projectiles, designed to meet the demands of modern armored warfare.

Technology Impact in Tank Ammunition Market (120mm and 125mm)

Technological advancements are significantly shaping the tank ammunition market, enhancing both the lethality and survivability of main battle tanks (MBTs). Key impacts include the development of new propellant materials that increase muzzle velocity, thereby enhancing the range and penetration capabilities of tank rounds. The integration of smart technology, such as programmable fuzes and guided projectiles, has improved the accuracy and effectiveness of smart ammunition against various targets. Advanced armor-piercing rounds now use depleted uranium and tungsten alloys in armor-piercing fin-stabilized discarding sabot (APFSDS) rounds for better penetration of advanced armor. Improved designs and materials for high-explosive anti-tank (HEAT) rounds are being developed to counter reactive and composite armors. Additionally, the creation of multi-purpose ammunition capable of engaging both armored and soft targets reduces logistics complexity and increases operational flexibility.

Key Drivers in Tank Ammunition Market (120mm and 125mm)

Key drivers in the tank ammunition market for 120mm and 125mm rounds include ongoing modernization and upgrade programs for main battle tanks (MBTs) across various countries, driving demand for advanced ammunition. Rising geopolitical tensions and regional conflicts necessitate the enhancement of military capabilities, including advanced tank ammunition. Continuous research and development in ammunition technology to improve performance and adaptability in different combat scenarios further boost market growth. Increased defense budgets globally, especially in emerging markets, lead to higher procurement of modern tank ammunition. Additionally, strategic alliances and collaborations between defense companies and governments for the joint development and production of tank ammunition propel market expansion.

Regional Trends in Tank Ammunition Market (120mm and 125mm)

The global market for 120mm and 125mm tank ammunition exhibits significant regional variations. North America remains a dominant player due to the substantial defense budgets of the U.S. and ongoing upgrades to its M1 Abrams tanks with advanced 120mm ammunition. Similarly, European nations like Germany, France, and the UK are investing heavily in modernizing their Leopard 2 and Challenger 2 tanks, driving demand for compatible ammunition. In the Asia-Pacific region, rapid military modernization in China, India, and South Korea fuels the market, with a focus on both indigenous production and procurement of advanced tank ammunition. The Middle East presents another significant market segment, with high defense spending in countries like Saudi Arabia and the UAE driven by regional security concerns, leading to a strong demand for modern tank ammunition. Finally, Latin America and Africa are experiencing a growing interest in modernizing their older MBT fleets, accompanied by an increase in procurement of advanced ammunition types.

Key Tank Ammunition (120mm and 125mm) Programs

1.Germany : In a move that highlights both Germany's military modernization efforts and its support for Ukraine, the German armed forces (Bundeswehr) have significantly expanded an existing agreement with Rheinmetall for the supply of 120mm tank ammunition. This €4 billion contract reinforces Rheinmetall's position as a key supplier of tank ammunition for the German military. It also reflects Germany's commitment to bolster its own defense capabilities and replenish ammunition stocks in response to the evolving security landscape. Notably, a substantial portion of this agreement is earmarked for supplying tank ammunition to the Ukrainian armed forces.

2. Elbit System: Elbit Systems Ltd. announced that it has secured a contract valued at approximately $115 million to supply tank ammunition to a NATO country. The contract spans three years and includes options for further extensions.

3.NATO: NATO allies and partners within the Land Battle Decisive Munitions framework have advanced their efforts to boost ammunition stocks by issuing contracts for hundreds of thousands of key munitions.

Valued at approximately EUR2.4 billion ($2.5 billion) - with EUR1 billion ($1.1 billion) in firm orders - these contracts will supply a diverse array of critical munitions, including 155mm artillery, anti-tank guided missiles, and main battle tank ammunition. Initial deliveries are scheduled for the end of 2023.

Table of Contents

Tank Ammunition Market Report Definition

Tank Ammunition Market Segmentation

By Guidance

By Type

By Region

Tank Ammunition Market Analysis for next 10 Years

The 10-year tank ammunition market analysis would give a detailed overview of tank ammunition market growth, changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

Market Technologies of Tank Ammunition Market

This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

Global Tank Ammunition Market Forecast

The 10-year Tank Ammunition market forecast of this market is covered in detailed across the segments which are mentioned above.

Regional Tank Ammunition Market Trends & Forecast

The regional Tank Ammunition market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking. The current market size is estimated based on the normal scenario.

North America

Drivers, Restraints and Challenges

PEST

Market Forecast & Scenario Analysis

Key Companies

Supplier Tier Landscape

Company Benchmarking

Europe

Middle East

APAC

South America

Country Analysis of Tank Ammunition Market

This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

US

Defense Programs

Latest News

Patents

Current levels of technology maturation in this market

Market Forecast & Scenario Analysis

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

Opportunity Matrix for Tank Ammunition Market

The opportunity matrix helps the readers understand the high opportunity segments in this market.

Expert Opinions on Tank Ammunition Market Report

Hear from our experts their opinion of the possible analysis for this market.

Conclusions

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