| Study Period | 2020 - 2030 |
| Market Size (2025) | USD 2.58 Billion |
| Market Size (2030) | USD 3.76 Billion |
| CAGR (2025 - 2030) | 7.80 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Artillery Ammunition Casing Market Analysis
The Artillery Ammunition Casing Market size is estimated at USD 2.58 billion in 2025, and is expected to reach USD 3.76 billion by 2030, at a CAGR of 7.80% during the forecast period (2025-2030).
Modern warfare operations are heavily reliant on the availability and reliability of ammunition. Specifically, artillery shells play a vital role, as they are fundamental to executing effective offensive and defensive strategies by providing necessary firepower and support. The artillery ammunition casing market is witnessing steady growth, driven by technological advancements, a surge in precision-guided artillery shell production, and a pivot towards modular ammunition designs.
The 155 mm caliber segment stands out as a primary catalyst for this expansion, with nations emphasizing long-range, high-explosive rounds for contemporary warfare. A notable trend is the shift towards composite and combustible casings, which aim to enhance the operational efficiency of artillery systems. Recent advancements in ammunition are enabling weapons to address a broader range of battlefield threats. True Velocity, a US-based firm, has engineered a polymer composite case that surpasses brass in several key aspects. The TVCM (True Velocity Composite-Case Munition), crafted with enhanced precision, achieves higher and more consistent velocities than its brass (or steel) counterparts, all while being 30% lighter. Supply chain disruptions and raw material shortages are hindering market growth. However, the rising adoption of modular and smart ammunition casings presents new opportunities in the market.
Artillery Ammunition Casing Market Trends
155mm Segment Will Dominate the Market During the Forecast Period
The 155 mm caliber artillery ammunition casing market is pivotal to global defense modernization, driven by rising demand amid ongoing conflicts. Rapid production expansions and international collaborations, particularly in Europe, South Korea, and North America, are reshaping the market landscape. While brass remains dominant, the shift toward steel and hybrid composite casings highlights efforts to enhance durability and reduce costs. The adoption of smart munitions and extended-range artillery systems necessitates advanced casing materials and structural innovations.
For instance, in July 2023, BAE Systems’ USD 352.2 million contract with the UK Ministry of Defence (MoD)—expandable to over USD 503.2 million—reinforces the critical role of 155 mm artillery shell production in modern defense strategies. With global conflicts driving demand for high-caliber munitions, this investment underscores the UK’s commitment to sovereign manufacturing and stockpile resilience, ensuring a secure and sustained supply of 155 mm ammunition casings for long-term military readiness.
Furthermore, General Dynamics Ordnance and Tactical Systems is spearheading innovation with its Next Generation 155 mm Artillery Ammunition Family, including the XM1113 and XM1128 rounds, designed to exceed 70 km in range. Additionally, the exploration of hybrid metallic-polymer casings reflects a focus on lightweight, high-pressure-resistant solutions, signaling a transformative phase in artillery shell design and material engineering. These developments are set to propel market growth in the years ahead.
Understand The Key Trends Shaping This Market
Download PDF
Europe is Expected to Show Highest Growth During the Forecast Period
Amid escalating cross-border conflicts, political disputes, and the ongoing war between Russia and NATO countries, European nations, including Russia, the U.K., Germany, and France, are intensifying their focus on bolstering defense capabilities. This heightened emphasis on defense is underscored by increased defense expenditures and a surge in the procurement of advanced artillery systems, propelling market growth across the region.
Companies like BAE Systems, Nammo UK, and MSI Defense Systems are pivotal in the UK's defense manufacturing landscape, especially in ammunition casing production. These firms primarily supply brass and steel casings for military and law enforcement. The UK Ministry of Defence (MoD) consistently procures large volumes of ammunition, bolstering domestic casing manufacturers. With the UK government pledging increased defense spending, a steady supply of casings is essential for training, combat, and stockpiling. Furthermore, France's ammunition casing industry, pivotal to both military and civilian markets, is primarily driven by domestic defense needs, notably those of the French Armed Forces (FAF) and its commitments to NATO defense initiatives.
Additionally, in March 2024, Rostec, a prominent Russian defense manufacturer, declared a 30% uptick in artillery shell casing production, attributing the surge to intensified military actions in Ukraine. The newly established production lines are dedicated to high-volume outputs for 122 mm and 152 mm shells, guaranteeing a steady ammunition supply for frontline forces. As nations increasingly invest in next-generation artillery systems and embrace advanced weaponry, the market in the region witnesses robust growth.
Get Analysis on Important Geographic Markets
Download PDF
Artillery Ammunition Casing Industry Overview
The artillery ammunition casing market features moderate fragmentation, with numerous players commanding substantial market shares. Notable players include General Dynamics Corporation, Rheinmetall AG, BAE Systems plc, Nammo AS, and Singapore Technologies Engineering Ltd.
Major players are heavily investing in the production of advanced artillery systems and their compatible ammunition, ensuring peak performance on the battlefield. For example, in October 2024, Rheinmetall AG unveiled a next-gen 120 mm KE ammunition tailored to counter state-of-the-art protection technologies. Additionally, in January 2023, MESKO S.A. rolled out its 155 mm HE-ER (High Explosive-Extended Range) artillery shell, spotlighting its superior range and precision capabilities.
Artillery Ammunition Casing Market Leaders
-
General Dynamics Corporation
-
Rheinmetall AG
-
BAE Systems plc
-
Nammo AS
-
Singapore Technologies Engineering Ltd.
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF
Artillery Ammunition Casing Market News
- March 2024: The US Army inked a USD 1.5 billion deal with GD-OTS to increase the production of 155 mm artillery shell casings. The contract encompasses the installation of new machinery in Pennsylvania and Arkansas, which is set to elevate output by 50% by early 2025.
- July 2023: Rheinmetall AG unveiled a EUR 200 million investment to bolster its ammunition casing production in Unterlüß, Lower Saxony. This move will amplify the supply of steel and brass casings for medium-caliber rounds, which are pivotal for infantry weapons and armored vehicles.
Artillery Ammunition Casing Industry Segmentation
Artillery ammunition casings are designed, developed, manufactured, and supplied for various types of artillery ammunition. These casings protect the explosive charge and projectile, ensuring they maintain structural integrity, are compatible with artillery systems, and detonate safely when fired.
The artillery ammunition casing market is segmented by material type, ammunition caliber, and geography. By material type, the market is divided into metallic and non-metallic casings. Metallic casings are further classified into brass, steel, and aluminum, while non-metallic casings are divided into polymer-based and composite materials. By ammunition caliber, the market is segmented into 25mm to 155mm, 155mm, and above 155mm. The report also covers the market sizes and forecasts for the artillery ammunition casing market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
| Material Type | Metallic Casings | Brass | |
| Steel | |||
| Aluminum | |||
| Non-Metallic Casings | Polymer-based | ||
| Composite Materials | |||
| Ammunition Caliber | 25mm to 155mm | ||
| 155mm | |||
| Above 155mm | |||
| Geography | North America | United States | |
| Canada | |||
| Europe | United Kingdom | ||
| Germany | |||
| France | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Latin America | Brazil | ||
| Mexico | |||
| Rest of Latin America | |||
| Middle East and Africa | United Arab Emirates | ||
| Saudi Arabia | |||
| Rest of Middle East and Africa | |||
Need A Different Region or Segment?
Customize Now
Artillery Ammunition Casing Market Research FAQs
How big is the Artillery Ammunition Casing Market?
The Artillery Ammunition Casing Market size is expected to reach USD 2.58 billion in 2025 and grow at a CAGR of 7.80% to reach USD 3.76 billion by 2030.
What is the current Artillery Ammunition Casing Market size?
In 2025, the Artillery Ammunition Casing Market size is expected to reach USD 2.58 billion.
Who are the key players in Artillery Ammunition Casing Market?
General Dynamics Corporation, Rheinmetall AG, BAE Systems plc, Nammo AS and Singapore Technologies Engineering Ltd. are the major companies operating in the Artillery Ammunition Casing Market.
Which is the fastest growing region in Artillery Ammunition Casing Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Artillery Ammunition Casing Market?
In 2025, the Europe accounts for the largest market share in Artillery Ammunition Casing Market.
What years does this Artillery Ammunition Casing Market cover, and what was the market size in 2024?
In 2024, the Artillery Ammunition Casing Market size was estimated at USD 2.38 billion. The report covers the Artillery Ammunition Casing Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Artillery Ammunition Casing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Artillery Ammunition Casing Industry Report
Statistics for the 2025 Artillery Ammunition Casing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Artillery Ammunition Casing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
