Global 30mm Medium Caliber Market Research Report: Forecast (2024-2030)

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Global 30mm Medium Caliber Market Research
Report Forecast (2024-2030)
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Market Insights

• The Global 30mm Medium Caliber Market size is
  estimated to grow at a CAGR of around 4.5 during
  the forecast period, i.e., 2024-30. The market
  growth is attributed to increased military
  modernization efforts and the demand for
  versatile and powerful weaponry. The 30mm medium
  caliber finds application in various defense
  systems, including aircraft cannons, armored
  vehicles, and naval guns. The market is propelled
  by the need for effective solutions against a
  range of threats, from armored vehicles to
  unmanned aerial systems, in modern warfare
  scenarios.
• Additionally, advancements in technology, such as
  improved precision and firepower, contribute to
  the market's expansion. As nations seek to
  enhance their defense capabilities, the 30mm
  Medium Caliber Market is expected to witness
  sustained growth, with manufacturers focusing on
  innovations to meet evolving military
  requirements.

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Global 30mm Medium Caliber Market Trend
High Adoption Rates Development of Air-Bursting
Munitions Shaping Market Growth A significant
trend in the global 30mm medium caliber market is
the surge in adoption rates and the concurrent
development of air-bursting munitions. Military
forces worldwide are increasingly recognizing the
effectiveness of 30mm caliber systems,
attributing to their versatility and firepower.
The development of air-bursting munitions, which
can explode mid-air to maximize damage against
various targets, adds a new dimension to the
capabilities of 30mm caliber weapons. This trend
reflects the ongoing efforts to enhance the
lethality and operational flexibility of military
platforms, aligning with the evolving
requirements of modern warfare scenarios.
Manufacturers are responding to this trend by
investing in research and innovation,
anticipating that the combination of high
adoption rates and the evolution of air-bursting
munitions will propel significant market growth
in the coming years.
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Market Segmentation of the Industry

• By Weapon Type (Automatic Canon Vehicle-Mounted
  Autocannons, Aircraft Autocannons, Naval
  Autocannons, Rotary Canon Rotary Wing
  Aircrafts, Infantry Fighting Vehicles, Naval
  Gun, Anti-Craft Gun), By Ammunition Type (High
  Explosive Incendiary, High Explosive
  Incendiary-Tracer, High Explosive
  Incendiary/Tracer-Self Destruct, Semi-Armor
  Piercing High Explosive Incendiary-Tracer/Self
  Destruct), By Platform (Airborne, Naval, Land),
  and Others

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Competitive Benchmarking
BAE Systems, CBC Defense, Denel PMP, Elbit
Systems Land, KNDS NV, MSM Group SRO, Munitions
India Limited, Nammo AS, Northrop Grumman,
Rheinmetall AG, General Dynamics Ordnance and
Tactical Systems, Nexter Group, Ruag Group, Arcon
Partners Ltd., Arsenal, and others
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an extensive range of strategic reports on
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