The global demand for 155mm artillery shells has surged dramatically due to ongoing conflicts, notably in Ukraine and the Middle East. These artillery projectiles, particularly 155mm HE shells, have become the preferred choice for militaries worldwide due to their optimal balance of firepower, range, and cost-effectiveness. With increasing geopolitical tensions, nations are stockpiling large-calibre ammunition to bolster their defences. The 155mm ammunition market is projected to grow significantly, with key players such as the U.S., Russia, China, and India expanding production. European nations, concerned about regional security, are also ramping up production of 155mm HE shells, while Asia-Pacific countries respond to rising threats.
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