Mortar Ammunition Market
Mortar Ammunition Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Mortar Ammunition Market Size and Growth
The global Mortar Ammunition market research report highlights current market conditions and trends affecting the industry. The market size for Mortar Ammunition is estimated to reach $XX billion by 2025, driven by increasing defense spending and ongoing military conflicts around the world. Key players and growth opportunities are also discussed.
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Companies Covered (Covid 19 Impact Covered)
◍ Northrop Grumman
◍ General Dynamics
◍ Nammo
◍ Nexter
◍ BAE Systems
◍ Poongsan Corporation
◍ Elbit Systems
◍ Day & Zimmermann
◍ Rheinmetall
◍ Rostec
◍ National Presto
◍ NORINCO
◍ CSGC
Competitive Landscape: Mortar Ammunition Market is dominated by key players like Northrop Grumman, General Dynamics, Nammo, Nexter, BAE Systems, Poongsan Corporation, Elbit Systems, Day & Zimmermann, Rheinmetall, Rostec, National Presto, NORINCO, CSGC. These companies develop and supply mortar ammunition to military forces worldwide, contributing to the growth of the market.
Overview: Northrop Grumman is a leading player in Mortar Ammunition Market with sales revenue of $33.8 billion. General Dynamics follows with $36.2 billion in sales revenue. BAE Systems also holds a significant market share with sales revenue of $21.2 billion.
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Market Segmentation
By Application
◍ High-Explosive (HE)
◍ Smoke
◍ Illumination
◍ Training Rounds
By Product
◍ 60mm
◍ 81mm
◍ 120mm
◍ Other
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Market Growth
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$ X Billion USD
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