Product Code: ETC13408990 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Artillery Systems Market was valued at USD 3.6 Billion in 2024 and is expected to reach USD 5.65 Billion by 2031, growing at a compound annual growth rate of 5.90% during the forecast period (2025-2031).
The Global Artillery Systems Market is witnessing steady growth driven by increasing defense budgets, modernization programs, and geopolitical tensions worldwide. Advancements in technology, such as precision-guided munitions and automated firing systems, are enhancing the capabilities of artillery systems. Major market players are focusing on developing lightweight, mobile, and highly accurate artillery systems to meet the evolving requirements of modern warfare. Additionally, the adoption of digitalization and integration of sensors for improved situational awareness are key trends in the market. The demand for long-range artillery systems, such as howitzers and rocket launchers, is expected to rise as countries seek to enhance their firepower and operational capabilities, leading to further market expansion and opportunities for industry players.
The Global Artillery Systems Market is witnessing a shift towards advanced technologies such as smart munitions, precision-guided systems, and autonomous artillery platforms. With increasing focus on enhancing accuracy, range, and lethality of artillery systems, there is a growing demand for next-generation artillery solutions. Furthermore, modernization programs by various countries to replace aging artillery systems with technologically advanced ones are driving market growth. Additionally, the integration of digital technologies like artificial intelligence and data analytics in artillery systems is creating opportunities for market expansion. Key players in the industry are investing in research and development to innovate and offer cutting-edge solutions, while collaborations and partnerships between defense contractors are also shaping the competitive landscape of the artillery systems market.
The Global Artillery Systems Market faces several challenges, including budget constraints in defense spending by various countries, technological advancements leading to the development of more sophisticated systems, and the increasing focus on precision-guided munitions. Additionally, regulatory restrictions on arms trade and the need for interoperability among different artillery systems pose challenges for market growth. Moreover, the shift towards asymmetric warfare and the increasing demand for unmanned artillery systems also impact the market dynamics. To stay competitive, artillery system manufacturers need to continually innovate and adapt their products to meet changing requirements while navigating geopolitical uncertainties and evolving security threats globally.
The Global Artillery Systems Market is primarily driven by increasing defense budgets of countries worldwide, especially in emerging economies, to enhance their military capabilities. Technological advancements in artillery systems, such as the development of smart munitions and precision-guided weapons, are also driving market growth as they offer improved accuracy and effectiveness on the battlefield. Additionally, the rising demand for long-range artillery systems with increased lethality and rapid deployment capabilities to address modern warfare threats further fuels market expansion. Geopolitical tensions and conflicts in various regions are prompting governments to procure advanced artillery systems, contributing to the market`s growth trajectory. Overall, the need for modernizing military firepower and ensuring national security are key drivers propelling the Global Artillery Systems Market forward.
Government policies related to the Global Artillery Systems Market vary across countries, with a focus on modernization, technological advancement, and strategic defense capabilities. Several governments are investing in the development and procurement of advanced artillery systems to enhance their military capabilities and maintain a competitive edge in the global defense landscape. Policies often revolve around promoting domestic production, increasing defense budgets, and collaborating with international partners to acquire cutting-edge technologies. Additionally, regulations concerning arms trade, export control, and arms transfer agreements play a crucial role in shaping the artillery systems market. Governments aim to balance national security interests with international arms control agreements to ensure responsible and sustainable growth in the global artillery systems market.
The Global Artillery Systems Market is poised for steady growth over the coming years, driven by increasing defense budgets, modernization programs, and rising geopolitical tensions worldwide. The market is expected to witness a shift towards technologically advanced artillery systems, including precision-guided munitions, self-propelled howitzers, and unmanned artillery systems. Additionally, the emphasis on enhancing range, accuracy, and mobility of artillery systems to improve operational effectiveness will drive investments in research and development. Factors such as the increasing demand for long-range strike capabilities, counter-battery systems, and the integration of digital technologies for improved battlefield awareness are anticipated to further fuel market growth. Key market players are likely to focus on developing innovative solutions to meet evolving military requirements and maintain a competitive edge in the global artillery systems market.
The global artillery systems market is witnessing significant growth across regions, with Asia Pacific leading the market due to increasing defense budgets and ongoing modernization programs in countries like China and India. North America follows closely, driven by the presence of key market players and high military spending by the U.S. In Europe, the market is characterized by the adoption of advanced artillery systems and collaborations between countries for joint development projects. The Middle East and Africa region is experiencing a surge in demand for artillery systems due to security concerns and regional conflicts. Latin America is also a key market, with countries like Brazil investing in artillery modernization programs to enhance their defense capabilities. Overall, the global artillery systems market is dynamic and poised for continued growth across different regions.
Global Artillery Systems Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Artillery Systems Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Artillery Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Global Artillery Systems Market - Industry Life Cycle |
3.4 Global Artillery Systems Market - Porter's Five Forces |
3.5 Global Artillery Systems Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Artillery Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Artillery Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Global Artillery Systems Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.9 Global Artillery Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Global Artillery Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Artillery Systems Market Trends |
6 Global Artillery Systems Market, 2021 - 2031 |
6.1 Global Artillery Systems Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Artillery Systems Market, Revenues & Volume, By Howitzer, 2021 - 2031 |
6.1.3 Global Artillery Systems Market, Revenues & Volume, By Mortar, 2021 - 2031 |
6.1.4 Global Artillery Systems Market, Revenues & Volume, By Anti-air, 2021 - 2031 |
6.1.5 Global Artillery Systems Market, Revenues & Volume, By Rocket, 2021 - 2031 |
6.2 Global Artillery Systems Market, Revenues & Volume, By Component, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Artillery Systems Market, Revenues & Volume, By Gun Turret, 2021 - 2031 |
6.2.3 Global Artillery Systems Market, Revenues & Volume, By Engine, 2021 - 2031 |
6.2.4 Global Artillery Systems Market, Revenues & Volume, By Fire Control System, 2021 - 2031 |
6.2.5 Global Artillery Systems Market, Revenues & Volume, By Ammunition Handling System, 2021 - 2031 |
6.2.6 Global Artillery Systems Market, Revenues & Volume, By Chassis, 2021 - 2031 |
6.2.7 Global Artillery Systems Market, Revenues & Volume, By Auxiliary System, 2021 - 2031 |
6.3 Global Artillery Systems Market, Revenues & Volume, By Caliber, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Artillery Systems Market, Revenues & Volume, By Small, 2021 - 2031 |
6.3.3 Global Artillery Systems Market, Revenues & Volume, By Medium, 2021 - 2031 |
6.3.4 Global Artillery Systems Market, Revenues & Volume, By Heavy, 2021 - 2031 |
6.4 Global Artillery Systems Market, Revenues & Volume, By Range, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Artillery Systems Market, Revenues & Volume, By Short Range, 2021 - 2031 |
6.4.3 Global Artillery Systems Market, Revenues & Volume, By Medium Range, 2021 - 2031 |
6.4.4 Global Artillery Systems Market, Revenues & Volume, By Long Range, 2021 - 2031 |
7 North America Artillery Systems Market, Overview & Analysis |
7.1 North America Artillery Systems Market Revenues & Volume, 2021 - 2031 |
7.2 North America Artillery Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Artillery Systems Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Artillery Systems Market, Revenues & Volume, By Component, 2021 - 2031 |
7.5 North America Artillery Systems Market, Revenues & Volume, By Caliber, 2021 - 2031 |
7.6 North America Artillery Systems Market, Revenues & Volume, By Range, 2021 - 2031 |
8 Latin America (LATAM) Artillery Systems Market, Overview & Analysis |
8.1 Latin America (LATAM) Artillery Systems Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Artillery Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Artillery Systems Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Artillery Systems Market, Revenues & Volume, By Component, 2021 - 2031 |
8.5 Latin America (LATAM) Artillery Systems Market, Revenues & Volume, By Caliber, 2021 - 2031 |
8.6 Latin America (LATAM) Artillery Systems Market, Revenues & Volume, By Range, 2021 - 2031 |
9 Asia Artillery Systems Market, Overview & Analysis |
9.1 Asia Artillery Systems Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Artillery Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Artillery Systems Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Artillery Systems Market, Revenues & Volume, By Component, 2021 - 2031 |
9.5 Asia Artillery Systems Market, Revenues & Volume, By Caliber, 2021 - 2031 |
9.6 Asia Artillery Systems Market, Revenues & Volume, By Range, 2021 - 2031 |
10 Africa Artillery Systems Market, Overview & Analysis |
10.1 Africa Artillery Systems Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Artillery Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Artillery Systems Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Artillery Systems Market, Revenues & Volume, By Component, 2021 - 2031 |
10.5 Africa Artillery Systems Market, Revenues & Volume, By Caliber, 2021 - 2031 |
10.6 Africa Artillery Systems Market, Revenues & Volume, By Range, 2021 - 2031 |
11 Europe Artillery Systems Market, Overview & Analysis |
11.1 Europe Artillery Systems Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Artillery Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Artillery Systems Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Artillery Systems Market, Revenues & Volume, By Component, 2021 - 2031 |
11.5 Europe Artillery Systems Market, Revenues & Volume, By Caliber, 2021 - 2031 |
11.6 Europe Artillery Systems Market, Revenues & Volume, By Range, 2021 - 2031 |
12 Middle East Artillery Systems Market, Overview & Analysis |
12.1 Middle East Artillery Systems Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Artillery Systems Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Artillery Systems Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Artillery Systems Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Artillery Systems Market, Revenues & Volume, By Component, 2021 - 2031 |
12.5 Middle East Artillery Systems Market, Revenues & Volume, By Caliber, 2021 - 2031 |
12.6 Middle East Artillery Systems Market, Revenues & Volume, By Range, 2021 - 2031 |
13 Global Artillery Systems Market Key Performance Indicators |
14 Global Artillery Systems Market - Export/Import By Countries Assessment |
15 Global Artillery Systems Market - Opportunity Assessment |
15.1 Global Artillery Systems Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Artillery Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Artillery Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
15.4 Global Artillery Systems Market Opportunity Assessment, By Caliber, 2021 & 2031F |
15.5 Global Artillery Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
16 Global Artillery Systems Market - Competitive Landscape |
16.1 Global Artillery Systems Market Revenue Share, By Companies, 2024 |
16.2 Global Artillery Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |