Medium Caliber (30mm, 40mm) IFV Market Growing with Rising Defense...

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2026-05-14 13:05:53 -

Medium Caliber (30mm, 40mm) IFV Market Growing with Rising Defense Modernization Programs

According to a new report from Intel Market Research, the global Medium Caliber (30mm, 40mm) for Infantry Fighting Vehicle (IFV) Market was valued at USD 1.27 billion in 2025 and is projected to reach USD 1.44 billion by 2031, growing at a robust CAGR of 2.13% during the forecast period (2025–2031). This growth is propelled by ongoing military modernization programs, rising demand for...

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