Industry Statistics and Trends
Weapon & Ammunition Manufacturing in Europe key trends
US imports threaten revenue prospects.
The US dominates industry imports because of its competitive advantage in weapons manufacturing. The CEOs of Airbus SE and the Sweden-based Saab AB called on European governments to rely less on US weapon imports.
Foreign threats will boost spending on weapons and ammunition.
The Russia-Ukraine conflict has led to more government spending pledges, sustaining orders for defence contractors. For example, Poland recently passed a law to elevate its defence spending to 3% of GDP.
Access all insights and trends with purchase. View purchase options.
Weapon & Ammunition Manufacturing in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
Access the 5-year outlook with purchase. View purchase options
Weapon & Ammunition Manufacturing in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 3.6 % over the past five years, to reach an estimated €23.6bn in 2024.
Trends and Insights
The Russia-Ukraine conflicts boosts is boosting the order book for manufacturers while elevating import competition
- Imports shot up by an absurd 126.5% in 2022, as the Russia-Ukraine conflict encouraged a flood of US weapon and ammunition imports to assist Ukraine with the war effort. Over 2022, imports represented 9.4% of domestic demand, up from 4.4% in 2021.
Access all 11 market size insights and trends with purchase. View purchase options.
Weapon & Ammunition Manufacturing in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Foreign threats will boost defence spending in the future
- The Russia-Ukraine conflict has led to more government spending pledges, sustaining orders for defence contractors, with the UK government planning to spend £242 billion (€289.9 billion) on defence equipment procurement over the next 10 years (starting February 2023), including £17.4 billion on land equipment.
Access all 8 forward-looking insights and industry data forecasts with purchase. View purchase options.
Revenue
€23.6bn
Employees
154k
Wages
€X.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
Explore all 37 country performance rankings and data sheets with your membership purchase.
Biggest companies in the Weapon & Ammunition Manufacturing in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Thales SA | 19,011.0 | 2,258.0 | 11.9 | |
Rostec State Corporation | 24,179.9 | 446.2 | 1.8 |
Access statistics and analysis on all 2 companies with purchase. View purchase options.
Weapon & Ammunition Manufacturing in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
Access all segmentation data and analysis with purchase. View purchase options.
Top Questions Answered in this Report
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Weapon & Ammunition Manufacturing industry in Europe in 2024?
The market size of the Weapon & Ammunition Manufacturing industry in Europe is €23.6bn in 2024.
How many businesses are there in the Weapon & Ammunition Manufacturing in Europe industry in 2024?
There are 1,804 businesses in the Weapon & Ammunition Manufacturing industry in Europe, which has grown at a CAGR of 2.3 % between 2019 and 2024.
Has the Weapon & Ammunition Manufacturing industry in Europe grown or declined over the past 5 years?
The market size of the Weapon & Ammunition Manufacturing industry in Europe has been declining at a CAGR of 3.6 % between 2019 and 2024.
What is the forecast growth of the Weapon & Ammunition Manufacturing industry in Europe over the next 5 years?
Over the next five years, the Weapon & Ammunition Manufacturing industry in Europe is expected to grow.
What does the Weapon & Ammunition Manufacturing in Europe include?
Heavy-arms weapons & ammunition and Small-arm weapons & ammunition are part of the Weapon & Ammunition Manufacturing industry.
Which countries have the most businesses in the Weapon & Ammunition Manufacturing industry in Europe?
The European country with the most businesses in the Weapon & Ammunition Manufacturing industry is Turkey.
How competitive is the Weapon & Ammunition Manufacturing industry in Europe?
The level of competition is high and increasing in the Weapon & Ammunition Manufacturing industry in Europe.
Related Industries
This industry is covered in 37 countries
- Weapon & Ammunition Manufacturing in Austria
- Weapon & Ammunition Manufacturing in France
- Weapon & Ammunition Manufacturing in Slovakia
- Weapon & Ammunition Manufacturing in Switzerland
- Weapon & Ammunition Manufacturing in Poland
- Weapon & Ammunition Manufacturing in Slovenia
- Weapon & Ammunition Manufacturing in Bulgaria
- Weapon & Ammunition Manufacturing in Iceland
- Weapon & Ammunition Manufacturing in Greece
- Weapon & Ammunition Manufacturing in Czechia
- Weapon & Ammunition Manufacturing in Serbia
- Weapon & Ammunition Manufacturing in Sweden
- Weapon & Ammunition Manufacturing in Turkey
- Weapon & Ammunition Manufacturing in Cyprus
- Weapon & Ammunition Manufacturing in Estonia
- Weapon & Ammunition Manufacturing in Europe
- Weapon & Ammunition Manufacturing in the UK
- Weapons & Ammunition Manufacturing in Germany
- Weapon & Ammunition Manufacturing in Luxembourg
- Weapon & Ammunition Manufacturing in the Netherlands
- Weapon & Ammunition Manufacturing in Lithuania
- Weapon & Ammunition Manufacturing in Belgium
- Weapon & Ammunition Manufacturing in Italy
- Weapon & Ammunition Manufacturing in Denmark
- Weapon & Ammunition Manufacturing in Latvia
- Weapon & Ammunition Manufacturing in Bosnia & Herzegovina
- Weapon & Ammunition Manufacturing in Spain
- Weapon & Ammunition Manufacturing in Norway
- Weapon & Ammunition Manufacturing in Portugal
- Weapon & Ammunition Manufacturing in Hungary
- Weapon & Ammunition Manufacturing in the UK
- Weapon & Ammunition Manufacturing in Germany
- Weapon & Ammunition Manufacturing in Finland
- Weapon & Ammunition Manufacturing in Croatia
Table of Contents
About this industry
Industry definition
Companies in the Weapon and Ammunition Manufacturing industry manufacture heavy weapons, small arms, air and gas guns, pistols and war ammunition, including hunting firearms and explosive devices like bombs, grenades, guided missiles, mortars and torpedoes.
Related Terms
AMMUNITION ARTILLERY TorpedoWhat's included in this industry?
Heavy-arms weapons & ammunitionSmall-arm weapons & ammunitionCompanies
Thales SARostec State CorporationIndustry Code
252 - Manufacture of weapons and ammunition in Europe
View up to 2 companies with purchase. View purchase options.
Performance
Key Takeaways
The Russia-Ukraine conflicts boosts is boosting the order book for manufacturers while elevating import competition
View more insights with purchase. View purchase options.
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Weapon & Ammunition Manufacturing in Europe industry (2011 -2029)
- Employees in the Weapon & Ammunition Manufacturing in Europe industry (2011 -2029)
- Business in the Weapon & Ammunition Manufacturing in Europe industry (2011 -2029)
- Profit in the Weapon & Ammunition Manufacturing in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Weapon & Ammunition Manufacturing in Europe industry?
Outlook
Analysis
What's driving the Weapon & Ammunition Manufacturing in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Weapon & Ammunition Manufacturing in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Weapon & Ammunition Manufacturing in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Geopolitical conflict boosts demand for heavy-arm weapons & ammunition. The ongoing Russia-Ukraine war has increased demand for heavy weapons and ammunition manufacturing. The UK has donated anti-tank missiles, artillery guns and air defence systems to Ukraine since its invasion.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Weapon & Ammunition Manufacturing in Europe industry's products and services performing?
Analysis
What are innovations in the Weapon & Ammunition Manufacturing in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Weapon & Ammunition Manufacturing in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Manufacturers primarily compete on price and quality. They also compete against each other on product range and compatibility with existing weapon systems. To remain competitive, weapons manufacturers continuously adapt their products to the latest technology and strategic needs.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 2 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Thales SA
- Countries of operation for Rostec State Corporation
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers must abide by export laws and International Arms Control Treaties. Many European governments have signed up to various international arms control treaties like the Arms Trade Treaty, which influences export decisions and reporting obligations.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Weapon & Ammunition Manufacturing in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Long-term contracts and relationships help stabilise profitability. Many European-based manufacturers are well-established institutions with a long history of fulfilling contracts for their national defence industry and other international governments.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Weapon & Ammunition Manufacturing in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
