PUBLISHER: Grand View Research | PRODUCT CODE: 1575165
PUBLISHER: Grand View Research | PRODUCT CODE: 1575165
Artillery Systems Market Size, Share & Trends Analysis Report By Range (Short, Medium, Long), By Component (Fire Control Systems, Engines, Turrets, Chassis), By Type, By Region, And Segment Forecasts, 2024 - 2030
Artillery Systems Market Size & Trends:
The global artillery systems market size was estimated at USD 10.24 billion in 2023 and is expected to grow at a CAGR of 6.8% from 2024 to 2030. Key factors, including increased global defense spending, military modernization programs, and rising geopolitical tensions, drive the market growth. Moreover, the rising threats from asymmetric warfare and the need for improved counter-artillery capabilities are pushing governments to invest in cutting-edge artillery systems. In addition, the market is further fueled by regional conflicts, military exercises, and the growing significance of modern artillery.
Countries are investing in upgrading their artillery capabilities to enhance range, mobility, and precision, leading to a surge in demand for advanced systems like howitzers, rocket launchers, and self-propelled artillery. For instance, in July 2024, BAE Systems plc received a USD 579.3 million contract from the U.S. Army to build additional self-propelled howitzers. As part of this deal, the company will manufacture the M992A3 ammunition carrier vehicles and M109A7 Paladin self-propelled howitzers. This deal reinforces the company's position as one of the prominent suppliers of artillery systems to the U.S. military.
The market growth is further driven by the growing emphasis on long-range precision strike capabilities and network-centric warfare, which are driving technological innovations, such as automated fire control systems, enhanced mobility solutions, and precision-guided munitions. Improvements in fire control systems, including advanced sensors, computers, and communication systems, have enabled artillery units to engage targets more rapidly and accurately. Integrating automation and robotics into artillery systems improves efficiency, reduces human error, and enhances safety.
The market is poised for growth in the coming years as artillery systems are increasingly integrated with other military systems, such as command and control centers and intelligence platforms, to enhance situational awareness and operational effectiveness. These artillery units can receive real-time intelligence and target information, improving their ability to respond to threats and make informed decisions. By linking artillery systems with intelligence platforms, units can acquire precise target coordinates and adjust their fire accordingly. These factors are expected to expedite the market expansion over the coming years.
Global Artillery Systems Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzes the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global artillery systems market report based on type, range, component, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Howitzer
- Mortars
- Rocket Launchers
- Anti-air Weapons
- Others
- Range Outlook (Revenue, USD Million, 2018 - 2030)
- Short
- Medium
- Long
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Fire Control Systems
- Engines
- Turrets
- Chassis
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Artillery Systems Market Snapshot
- 2.2. Artillery Systems Market- Segment Snapshot (1/2)
- 2.3. Artillery Systems Market- Segment Snapshot (2/2)
- 2.4. Artillery Systems Market- Competitive Landscape Snapshot
Chapter 3. Artillery Systems Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
Chapter 4. Artillery Systems Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Artillery Systems Market Estimates & Forecast, By Type, 2018 - 2030 (USD Million)
- 4.2.1. Howitzer
- 4.2.2. Mortars
- 4.2.3. Rocket Launchers
- 4.2.4. Anti-air Weapons
- 4.2.5. Others
Chapter 5. Artillery Systems Market: Range Estimates & Trend Analysis
- 5.1. Range Movement Analysis & Market Share, 2023 & 2030
- 5.2. Artillery Systems Market Estimates & Forecast, By Range, 2018 - 2030 (USD Million)
- 5.2.1. Short
- 5.2.2. Medium
- 5.2.3. Long
Chapter 6. Artillery Systems Market: Component Estimates & Trend Analysis
- 6.1. Component Movement Analysis & Market Share, 2023 & 2030
- 6.2. Artillery Systems Market Estimates & Forecast, By Component, 2018 - 2030 (USD Million)
- 6.2.1. Fire Control Systems
- 6.2.2. Engines
- 6.2.3. Turrets
- 6.2.4. Chassis
- 6.2.5. Others
Chapter 7. Regional Estimates & Trend Analysis
- 7.1. Artillery Systems Market by Region, 2023 & 2030
- 7.2. North America
- 7.2.1. North America Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.3. Canada
- 7.2.4. Mexico
- 7.3. Europe
- 7.3.1. Europe Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Germany
- 7.3.3. UK
- 7.3.4. France
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Japan
- 7.4.3. China
- 7.4.4. India
- 7.4.5. South Korea
- 7.4.6. Australia
- 7.5. Latin America
- 7.5.1. Latin America Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.6. Middle East & Africa (MEA)
- 7.6.1. MEA Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. UAE
- 7.6.3. Saudi Arabia
- 7.6.4. South Africa
Chapter 8. Artillery Systems Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.7.1. Expansion
- 8.7.2. Merger & Acquisition
- 8.7.3. Collaborations/Partnerships
- 8.7.4. New Product Launches
- 8.8. Company Profiles
- 8.8.1. Elbit Systems Ltd.
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. RTX Corporation
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. Leonardo S.p.A
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. BAE Systems plc
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. General Dynamics
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. Thales Group
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. Lockheed Martin Corporation
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. KNDS France
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. Hanwha Corporation
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. RUAG International Holding Ltd.
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments
- 8.8.11. Denel SOC Ltd.
- 8.8.11.1. Participant's Overview
- 8.8.11.2. Financial Performance
- 8.8.11.3. Product Benchmarking
- 8.8.11.4. Recent Developments
- 8.8.12. Singapore Technologies Engineering Ltd
- 8.8.12.1. Participant's Overview
- 8.8.12.2. Financial Performance
- 8.8.12.3. Product Benchmarking
- 8.8.12.4. Recent Developments
- 8.8.13. Aubert & Duval
- 8.8.13.1. Participant's Overview
- 8.8.13.2. Financial Performance
- 8.8.13.3. Product Benchmarking
- 8.8.13.4. Recent Developments
- 8.8.14. Avibras
- 8.8.14.1. Participant's Overview
- 8.8.14.2. Financial Performance
- 8.8.14.3. Product Benchmarking
- 8.8.14.4. Recent Developments
- 8.8.1. Elbit Systems Ltd.
List of Tables
- Table 1 Artillery Systems Market - Key Market Driver Impact
- Table 2 Artillery Systems Market - Key Market Restraint Impact
- Table 3 Artillery Systems Market Revenue Estimates and Forecast, By Type, 2018 - 2030 (USD Million)
- Table 4 Artillery Systems Market Revenue Estimates and Forecast, By Range, 2018 - 2030 (USD Million)
- Table 5 Artillery Systems Market Revenue Estimates and Forecast, By Component, 2018 - 2030 (USD Million)
- Table 6 Recent Developments & Impact Analysis, By Key Market Participants
- Table 7 Company Heat Map Analysis
- Table 8 Key companies undergoing expansions/divestitures
- Table 9 Key companies involved in mergers & acquisitions
- Table 10 Key companies undergoing collaborations.
- Table 11 Key companies launching new products
List of Tables
- Fig. 1 Artillery Systems Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot (1/2)
- Fig. 8 Segment Snapshot (2/2)
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 Artillery Systems Market Value, 2023 - 2030 (USD Million)
- Fig. 11 Artillery Systems Market- Industry Value Chain Analysis
- Fig. 12 Market Dynamics
- Fig. 13 Key Market Driver Impact
- Fig. 14 Key Market Restraint/Challenges Impact
- Fig. 15 Artillery Systems Market: PORTER's Analysis
- Fig. 16 Artillery Systems Market: PESTEL Analysis
- Fig. 17 Artillery Systems Market, by Type: Key Takeaways
- Fig. 18 Artillery Systems Market, by Type: Market Share, 2023 & 2030
- Fig. 19 Howitzer Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Mortars Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Rocket Launchers Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Anti-Air Weapons Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Artillery Systems Market, by Range: Key Takeaways
- Fig. 25 Artillery Systems Market, by Range: Market Share, 2023 & 2030
- Fig. 26 Short Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Medium Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Long Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Artillery Systems Market, by Component: Key Takeaways
- Fig. 30 Artillery Systems Market, by Component: Market Share, 2023 & 2030
- Fig. 31 Fire Control Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Engines Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Turrets Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Chassis Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 36 Artillery Systems Market by Region, 2023 & 2030, Revenue (USD Million)
- Fig. 37 Regional Marketplace: Key Takeaways
- Fig. 38 North America Artillery Systems Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 39 U.S. Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Canada Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Mexico Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 42 Europe Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 43 Germany Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 44 UK Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 45 France Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 46 Asia Pacific Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 47 China Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 48 India Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 49 Japan Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 50 South Korea Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Australia Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 52 Latin America Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 53 Brazil Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 54 MEA Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 55 UAE Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 56 Saudi Arabia Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 57 South Africa Artillery Systems Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 58 Key Company Categorization
- Fig. 59 Company Market Positioning
- Fig. 60 Strategic Framework
