Rising Defense Spending to Drive Intermediate Caliber Ammunition...

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2026-05-26 12:27:24

Rising Defense Spending to Drive Intermediate Caliber Ammunition Market to USD 5.12 Billion by 2034 at 6.7% CAGR

According to a new report from Intel Market Research, the global Intermediate Caliber Ammunition (12.7mm, 14.5mm, 20mm) market was valued at USD 2.85 billion in 2025 and is projected to grow from USD 3.05 billion in 2026 to USD 5.12 billion by 2034, exhibiting a robust CAGR of 6.7% during the forecast period. This growth is propelled by rising global defense expenditures, ongoing military...

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