Forecasts: Global military ammunition market (2026–2036)
Market to more than double: $34.2bn (2026) to $75.7bn (2036) (8.3% CAGR) North America leads (39.5%), ahead of Europe (33.8%)…
Market to more than double: $34.2bn (2026) to $75.7bn (2036) (8.3% CAGR) North America leads (39.5%), ahead of Europe (33.8%)…
Market to grow from $3.5bn (2026) to $6.5bn (2036), led by hard armour North America leads; Europe is more balanced; Asia-Pacific is hard-armour heavy Level 4 armour is driving debate…
For defence manufacturers, the importance of platinum-group metals (PGMs) is less about the quantity consumed than the consequences of not having them. PGMs are used in a range of military…
Croatia’s defence budget is forecast to rise, driven by equipment modernisation Spending focus shifts to land and naval upgrades, including K239 Chunmoo MLRS and new surface ships Air recapitalisation is…
Market: ~$1.5bn (2026) → ~$2.8bn (2036); >$22bn total (6.4% CAGR). Demand: Europe 86%; Ukraine+Russia ~$14.2bn (66% of global spend). Drivers: AI/modularity/swarming + low unit cost vs cruise missiles. The invasion of Ukraine and…
Finland’s defence spend is forecast to rise to nearly $12bn, driven by Russia tensions and Nato accession Growth expected across air, land and sea, with missiles/missile defence the strongest segment Big-ticket modernisation includes 64…
Spain’s defence spend is forecast to reach $65.8bn by 2031 (9.1% CAGR), driven by procurement and RDT&E PITSD earmarks €10.47bn for modernisation; fixed-wing and land vehicles grow steadily to 2035 Naval spending fluctuates; ammunition rises; Nato/US tensions could affect Spain’s defence posture Spain’s…