Artillery Systems Market Forecasts to 2030 - Global Analysis By Type, Platform, Range, Caliber, Technology, Component, Application and By Geography

According to Stratistics MRC, the Global Artillery Systems Market is accounted for $11.14 billion in 2024 and is expected to reach $18.48 billion by 2030 growing at a CAGR of 8.8% during the forecast period. The artillery systems market refers to the sector focused on the development, production, and deployment of artillery weapons used in military operations. Howitzers, mortars, field guns, self-propelled artillery, and anti-aircraft artillery are just a few of the many systems that fall under this category. Technological developments, defense modernization initiatives, and geopolitical tensions are the main factors driving the industry. It serves a range of purposes, such as defense, offense, surveillance, and counterfire operations. Its main players are international and provide both conventional and cutting-edge artillery solutions.

Market Dynamics:

Driver:

Modernization of military forces

As governments modernize its artillery to maintain operational dominance, the market for artillery systems is significantly influenced by the modernization of military forces. The use of cutting-edge technologies like self-propelled artillery, computerized fire control systems, and precision-guided missiles is part of this upgrade. These improvements improve efficacy, mobility, and precision, allowing forces to react swiftly to changing threats. Governments are prioritizing investments in cutting-edge artillery systems as geopolitical tensions increase in order to guarantee that their military capabilities meet the demands of modern warfare, especially with regard to range, speed, and adaptability, thereby bolstering defense readiness and national security.

Restraint:

Long development cycles

Long development cycles are a major barrier to the market for artillery systems since it can take years to design, test, and produce sophisticated artillery weapons. The difficulty of creating secure, dependable, and high-performing systems that satisfy exacting military requirements is the cause of these drawn-out cycles. To guarantee accuracy, robustness, and efficacy in a range of scenarios, prototypes must go through a rigorous testing process, which includes field testing. The development process is further prolonged by incorporating state-of-the-art technology like automation and intelligent munitions. Delays in deployment can restrict the impact of new systems on defensive capabilities and make armed forces' purchase decisions more difficult.

Opportunity:

Rise in border and anti-terrorism operations

Military forces require effective and mobile solutions for counter-insurgency and border security operations, which are creating a growing demand for sophisticated artillery systems due to the increase in border and anti-terrorism operations. For quick response and assistance, artillery systems-especially mobile self-propelled howitzers and mortars-are essential in areas that frequently see cross-border conflicts or terrorist attacks. These systems offer long-range weaponry to eliminate threats remotely, frequently in challenging or isolated terrain. Furthermore, the rising use of cutting-edge technologies like automated fire control systems and guided missiles are a result of these missions' requirement for accuracy and flexibility.

Threat:

Complexity in integration

High degrees of automation, intelligent munitions, and sophisticated targeting systems are common features of modern artillery weapons, which need to be effectively connected with communication networks and older equipment. It can be technically challenging to ensure compatibility with legacy equipment and to provide good interoperability across various vehicles, command centers, and artillery systems. Coordinated operations also require synchronization with other defense technologies, such as drones, radar, and surveillance systems. Armed forces modernization is slowed down by these integration issues, which frequently lead to higher expenses, longer deployment schedules, and the requirement for intensive training.

Covid-19 Impact

The COVID-19 pandemic had a major effect on the market for artillery systems since it interrupted supply chains and caused manufacturing to stop because of lockdown procedures. Production and testing of artillery systems were delayed by travel restrictions and a lack of workers for several artillery manufacturers. Trade restrictions also made it more difficult to obtain necessary parts, including artillery ammunition. However, manufacturers started reopening their facilities as the recovery went on, which resulted in a production boom and an expected increase in market demand in the post-pandemic period.

The howitzers segment is expected to be the largest during the forecast period

The howitzers segment is estimated to be the largest, due to technological advancements that enhance their accuracy, range, and automation, such as precision-guided munitions and advanced fire control systems. The increasing demand for mobility, especially with self-propelled howitzers, allows for quicker deployment and adaptability in combat. Additionally, the rising geopolitical tensions and modernization of military forces globally are fueling investments in howitzer systems, as they provide reliable, long-range firepower for both offensive and defensive operations in diverse terrains.

The large caliber segment is expected to have the highest CAGR during the forecast period

The large caliber segment is anticipated to witness the highest CAGR during the forecast period, due to their superior firepower, capable of delivering powerful, long-range strikes to neutralize fortified enemy positions and strategic targets. As military forces prioritize long-range precision and high-impact capabilities, large-caliber systems like 155mm howitzers are increasingly in demand. Geopolitical tensions, modernization programs, and the need for advanced defense capabilities are also driving investments in these heavy artillery systems, as they provide significant tactical advantages in both conventional and asymmetric warfare scenarios.

Region with largest share:

Asia Pacific is expected to have the largest market share during the forecast period. Large investments in cutting-edge artillery technologies and higher defense budgets are the results of countries like China, India, and Australia's rapid military modernization initiatives. As asymmetric warfare becomes more complex, nations are prioritizing the acquisition of self-propelled howitzers and Multiple Launch Rocket Systems (MLRS) in order to increase their firepower capabilities. Furthermore, the region's geopolitical tensions increase the need for advanced artillery systems in order to preserve strategic advantages and guarantee national security.

Region with highest CAGR:

During the forecast period, the North America region is anticipated to register the highest CAGR, owing to increasing military spending and continuing modernization initiatives to improve defensive capabilities. Demand for precision-guided munitions and self-propelled howitzers are increased by the U.S. military's emphasis on replacing outdated artillery weapons with cutting-edge technologies. Furthermore, investments in advanced artillery solutions are further stimulated by geopolitical tensions and the necessity for quick response capabilities.

Key players in the market

Some of the key players profiled in the Artillery Systems Market include BAE Systems, Rheinmetall AG, General Dynamics Corporation, Lockheed Martin, Thales Group, Nexter Systems, Elbit Systems, Norinc, Saab AB, Denel, ST Engineering, BAE Systems Hagglunds, Hanwha Defense, Oto Melara, Indra Sistemas, Bharat Forge, and Mitsubishi Heavy Industries.

Key Developments:

In December 2024, MHI hydrogen infrastructure formalizes agreement with pacific northwest hydrogen association to further advance the region's clean energy and economic objectives.

In November 2024, BAE Systems announces top suppliers at sixth annual 'Partner2Win' supplier symposium. The business brought top suppliers across its enterprise together to celebrate the partnerships that create and deliver best-in-class products to warfighters.

Types Covered:

• Howitzers
• Mortars
• Field Guns
• Self-Propelled Artillery
• Anti-Aircraft Artillery
• Rocket Artillery
• Other Types

Platforms Covered:

• Self-Propelled Artillery
• Towed Artillery
• Truck-Mounted Artillery

Ranges Covered:

• Short Range (less than 30 km)
• Medium Range (30-100 km)
• Long Range (over 100 km)

Calibers Covered:

• Small Caliber
• Medium Caliber
• Large Caliber

Technologies Covered:

• Conventional Systems
• Smart/Automated Artillery Systems
• Manned vs. Unmanned Systems

Components Covered:

• Fire Control System
• Chassis
• Engine
• Gun Turret
• Ammunition Handeling Systems
• Auxiliary Systems

Applications Covered:

• Offensive
• Defense
• Border Surveillance
• Counterfire Operations
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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