155MM MUNITIONS MARKET TO REACH USD 11.19 BILLION BY 2034, GROWING AT 4.5% CAGR DRIVEN BY RISING DEFENSE BUDGETS

The global 155mm munitions market is projected to see robust growth over the next decade, driven by increasing military spending, advancements in artillery technology, and the growing need for sophisticated ammunition across defense sectors. 155mm artillery shells are considered critical in modern warfare due to their range, power, and versatility.