Artillery System Market Report: Trends, Forecast and Competitive Analysis to 2031

The future of the global artillery system market looks promising with opportunities in the aerospace & defense and homeland security markets. The global artillery system market is expected to reach an estimated $16.6 billion by 2031 with a CAGR of 5.7% from 2025 to 2031. The major drivers for this market are the growing geopolitical tensions and threat perceptions, increasing acceptance of single barrel weapon systems, and rise in violent conflicts, terrorism, and other forms of violence across the world.

• Lucintel forecasts that, within the type category, the howitzer is expected to witness the highest growth over the forecast period.
• Within the end-use category, aerospace & defense is expected to witness higher growth over the forecast period.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

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Emerging Trends in the Artillery System Market

The artillery system market is developing, with a variety of major trends driving change. These trends are driven by technological advancements, strategic changes, and operational needs. Understanding these trends is crucial for stakeholders who want to remain competitive while effectively ensuring artillery capabilities for future challenges.

• Precision-guided munitions integration: Precision-guided munitions (PGMs) are increasingly being integrated into artillery systems, with a growing emphasis on precision to minimize collateral damage. This reflects the trend toward more precise and efficient firepower, aiming to achieve greater operational efficiency and strategic effectiveness in complex combat conditions.
• Automation and robotics: Artillery operations are being transformed through automation and robotics, ranging from automated loading systems to unmanned artillery platforms. These systems enhance efficiency, reduce crew burden, and increase operational capabilities, making artillery more effective and responsive.
• Increased emphasis on extended range and firepower: Much focus has been placed on increasing the range and firepower of artillery systems. New developments include long-range howitzers and advanced projectile technologies, which allow artillery units to attack targets from greater distances, thereby enhancing strategic reach and flexibility.
• Fire control and targeting systems: State-of-the-art fire control and targeting systems continue to be integrated into modern artillery systems. These improvements promote accuracy, reduce response times, and enable real-time data integration, enhancing the effectiveness of artillery units in dynamic and complex environments.
• Digital command and control integration: Artillery operations are becoming heavily integrated with digital command and control systems. These systems provide real-time data, enhance coordination, and enable forces to manage targets and fires with increased precision, resulting in better overall performance of artillery operations and strategic decision-making.

The emerging trends in the artillery system market include the integration of precision-guided munitions, automation, extended range and firepower, enhanced fire control systems, and digital command and control. These trends point toward more accurate, efficient, and technologically sophisticated artillery solutions that drive innovation and improve operational capabilities in modern warfare.

Recent Developments in the Artillery System Market

Major developments in recent times in the artillery system market have highlighted key technological and strategic advances aimed at modernizing artillery capabilities and adapting them to newly emerging military needs and theaters of operation.

• Operationalized Flexibility: Improved self-propelled howitzers have been developed, including the advanced K9 Vajra and PLZ-05 models. These systems feature more advanced fire control, increased range, and greater mobility, making them more effective in modern combat situations.
• Precision-Guided Munitions Integration: A key development has been the integration of precision-guided munitions into artillery systems. These munitions provide superior accuracy with limited collateral damage, enhancing the effectiveness of artillery strikes and increasing the precision of targeting.
• Advanced Fire Control Systems: Modern fire control systems are being integrated into artillery units to improve targeting accuracy. These systems have real-time data processing capabilities, which increase the precision and overall effectiveness of operations.
• Development of Independent Artillery Systems: The development of autonomous artillery systems is gaining momentum. Innovations in robotics and automation have led to unmanned artillery platforms that are more efficient and require fewer crews, thereby improving overall operational effectiveness.
• Extended-Range Technologies: Significant advancements are being made in technologies that extend the range of artillery. Changes in projectile design and propulsion systems are enabling artillery units to strike targets from much greater distances, providing strategic advantages in various combat scenarios.

The development of enhanced self-propelled howitzers, precision-guided munitions, advanced fire control systems, autonomous artillery systems, and extended-range technologies are driving growth in the artillery system market. These modernization efforts demonstrate that countries are committed to upgrading their artillery capabilities and meeting the demands for precision in modern warfare.

Strategic Growth Opportunities for Artillery System Market

Several fields of application offer strategic growth opportunities for the artillery systems market. Identifying these opportunities will help companies and defense organizations expand their presence in this market while leveraging technological advancements to enhance artillery capabilities.

• Modernization of existing artillery systems: Many artillery systems currently in service can be modernized with newer technologies. Modernizing fire control systems, integrating precision-guided munitions, and improving automation could make many older artillery platforms much more effective and efficient.
• Development of autonomous and unmanned systems: A key growth opportunity is the development of autonomous and unmanned artillery systems. This allows for greater operational flexibility, reduces the number of personnel required for a given crew, and offers higher efficiency-all of which align with the trend toward automation in defense technologies.
• Emerging markets: With rapidly growing emerging markets, especially in Asia and the Middle East, artillery systems have significant growth opportunities. The defense budgets and modernization efforts in these regions have created a demand for technically advanced artillery systems.
• Digital command and control system integration: The integration of digital command and control systems within artillery operations is gaining momentum. Developing solutions to enhance coordination, real-time data processing, and targeting accuracy continues to present a key growth opportunity in the market.
• Investment in extended range and precision technologies: Investment in the extended range and precision technologies of artillery systems opens up new avenues for strategic growth. Advances in projectile design and propulsion can offer significant operational benefits while meeting the needs of modern militaries, which are shaped by ever-changing circumstances.

In conclusion, the modernization of artillery systems, development of autonomous systems, expansion into emerging markets, integration of digital command and control systems, and focus on extended range and precision technologies are strategic growth opportunities that drive the artillery systems market. By leveraging these opportunities, the market can achieve expansion, enhance operational capabilities, and fulfill the evolving demands of modern defense strategies.

Artillery System Market Driver and Challenges

Drivers and challenges that shape the artillery system market include technological advancements, economic factors, and regulatory matters. Understanding these factors is key to navigating the artillery system market and optimizing growth strategies.

The factors responsible for driving the artillery system market include:

• Technological Advancements: Advancements in technologies such as fire control systems, automation, and precision-guided munitions are driving the growth of the market. These innovations enhance the capability of artillery systems, making them more effective and versatile for modern combat.
• Increased Defense Budgets: Increased defense budgets worldwide are catalyzing investments in artillery modernization. Higher spending allows for the procurement of advanced artillery systems and the upgrading of existing platforms, thereby supporting overall military capabilities.
• Growing Demand for Precision and Range: The demand for precision and long-range artillery systems is at an all-time high. Modern militaries require not only accuracy but also extended range to effectively target and support strategic objectives.

Challenges in the artillery system market include:

• High Development Costs: Advanced artillery systems come with high development and procurement costs. Managing these costs without compromising technological advancements and staying within budget is a critical issue for defense organizations.
• Regulatory and Export Controls: Regulations and export controls can limit access to and movement of products within the artillery system market, particularly advanced technologies. Navigating complex regulatory environments and meeting compliance requirements are essential for market participation.
• Technical Integration and Compatibility: Integrating new technologies into existing systems and ensuring compatibility is challenging. Effective integration is crucial for maximizing artillery system performance and achieving operational efficiency.

The main drivers of the artillery system market include technological advancements, increasing defense budgets, the demand for precision and range, focus on automation, and military enhancement. Challenges include high development costs, regulatory controls, and the integration of new technologies. Understanding these factors is key to navigating the market and seizing emerging opportunities for growth and innovation.

List of Artillery System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies artillery system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the artillery system companies profiled in this report include-

• Norinco International
• Lockheed Martin
• Nexter
• RUAG
• Rostec
• Thales
• Bae Systems
• General Dynamics
• ST Engineering
• Elbit Systems

Artillery System by Segment

The study includes a forecast for the global artillery system market by type, range, component, end use, and region.

Artillery System Market by Type [Analysis by Value from 2019 to 2031]:

• Rocket
• Anti-Air
• Howitzer
• Mortar
• Others

Artillery System Market by Range [Analysis by Value from 2019 to 2031]:

• Short
• Medium
• Long

Artillery System Market by Component [Analysis by Value from 2019 to 2031]:

• Fire Control System
• Chassis
• Engine
• Gun Turret
• Others

Artillery System Market by End Use [Analysis by Value from 2019 to 2031]:

• Aerospace & Defense
• Homeland Security
• Others

Artillery System Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Artillery System Market

Recent developments in the artillery system market indicate significant technological advancements, increasing defense budgets, and changing military strategies of major global players. New developments in firepower, accuracy, and automation are key drivers; however, most countries focus on a distinct aspect of artillery modernization. The United States, China, Germany, India, and Japan will drive these changes forward, each with different approaches suited to their strategic needs.

• United States: The country has invested significantly in the modernization of its artillery platforms, with a focus on precision and automation. Recent developments include the integration of advanced targeting systems and the introduction of the ERCA program for extended range and firepower. Additionally, there is growing interest in the development of autonomous artillery systems and strengthening logistics with digital command and control systems.
• China: The People's Republic of China has also made considerable strides toward enhancing firepower and precision in its modern artillery systems. Recent developments include the PLZ-05 self-propelled howitzer, which features improved fire control systems and increased range. Additionally, smart munitions and enhanced targeting systems are part of China's emerging generation of artillery technology, improving its capabilities in both conventional and asymmetric warfare.
• Germany: The modernization of artillery systems in Germany has focused on improving mobility and precision. The German Army has inducted the Panzerhaubitze 2000, which is equipped with advanced fire control and targeting systems. Other areas of investment include research into future artillery systems, which will be high-tech, featuring automated loading and digital communication to improve operational outcomes in complex environments.
• India: In recent years, India has modernized its artillery with a greater emphasis on self-reliance. The Indian Army has inducted the K9 Vajra self-propelled howitzer and invested in the indigenous development of artillery systems under the "Make in India" initiative. Other modernization plans include the acquisition of precision-guided munitions and upgrades to the artillery fire control and targeting systems for improved operational efficiency.
• Japan: Japan has also focused on developing its artillery for higher precision and longer range while adhering to its pacifist constitution. The country has recently acquired new howitzers and improved fire control systems for its artillery. It has also begun investing in newer radar systems and targeting technologies to enhance the lethality of its artillery units, reflecting the country's strategic focus on technological advancements and regional security.

Features of the Global Artillery System Market

Market Size Estimates: Artillery system market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Artillery system market size by various segments, such as by type, range, component, end use, and region in terms of value ($B).

Regional Analysis: Artillery system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, ranges, components, end uses, and regions for the artillery system market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the artillery system market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the artillery system market by type (rocket, anti-air, howitzer, mortar, and others), range (short, medium, and long), component (fire control system, chassis, engine, gun turret, and others), end use (aerospace & defense, homeland security, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?