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According to Fortune Business Insights™, the consolidated region 30MM ammunition market was valued at USD 1.70 billion in 2024 and is projected to reach USD 2.34 billion by 2032, growing at a CAGR of 4.2% during the forecast period. North America led the market with a dominant 67.06% share in 2024, driven by its significant defense budget, early adoption of next-generation munitions, and the presence of leading market players such as Northrop Grumman Corporation and General Dynamics Corporation.

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Published by Rishika Chavan, 2025-08-01 01:26:01

Consolidated Region 30MM Ammunition Market

According to Fortune Business Insights™, the consolidated region 30MM ammunition market was valued at USD 1.70 billion in 2024 and is projected to reach USD 2.34 billion by 2032, growing at a CAGR of 4.2% during the forecast period. North America led the market with a dominant 67.06% share in 2024, driven by its significant defense budget, early adoption of next-generation munitions, and the presence of leading market players such as Northrop Grumman Corporation and General Dynamics Corporation.

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