Programmable Ammunition Market Size

Statistics for the 2023 & 2024 Programmable Ammunition market size, created by Mordor Intelligence™ Industry Reports. Programmable Ammunition size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Programmable Ammunition Industry

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Programmable Ammunition Market Summary
Study Period 2019-2029
Market Size (2024) USD 3.18 Billion
Market Size (2029) USD 4.25 Billion
CAGR (2024 - 2029) 5.99 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Programmable Ammunition Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Programmable Ammunition Market Analysis

The Programmable Ammunition Market size is estimated at USD 3.18 billion in 2024, and is expected to reach USD 4.25 billion by 2029, growing at a CAGR of 5.99% during the forecast period (2024-2029).

  • The programmable ammunition market is poised to witness significant growth during the forecast period. The rising demand for precision-guided munitions and the need to minimize collateral damage in military operations are among the factors that will lead to noteworthy growth in the future. 
  • Furthermore, technological advancements in terms of miniaturization and growing developments in sensor technology, as well as communication systems, will lead to the market witnessing growth in the years to come. 
  • On the other hand, the high development costs of programmable ammunition will hamper the market's growth in the long run. Additionally, an increase in cross-domain integration will create new business opportunities, leading to significant market growth in the near future.

Programmable Ammunition Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)