| Product Code: ETC5846419 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to heavily rely on imports of artillery systems, with top exporting countries being Italy, Greece, China, UK, and Metropolitan France. The market remained highly concentrated, indicating the dominance of a few key players. The industry experienced a strong compound annual growth rate of 9.08% from 2020 to 2024, with a notable growth spurt of 15.12% from 2023 to 2024. This data suggests a robust and expanding market for artillery systems in Cyprus, with key players from various countries contributing to its growth.

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 Cyprus Artillery Systems Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Artillery Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Artillery Systems Market - Industry Life Cycle |
3.4 Cyprus Artillery Systems Market - Porter's Five Forces |
3.5 Cyprus Artillery Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Artillery Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Cyprus Artillery Systems Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.8 Cyprus Artillery Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Cyprus Artillery Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Artillery Systems Market Trends |
6 Cyprus Artillery Systems Market Segmentations |
6.1 Cyprus Artillery Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Artillery Systems Market Revenues & Volume, By Howitzer, 2021-2031F |
6.1.3 Cyprus Artillery Systems Market Revenues & Volume, By Mortar, 2021-2031F |
6.1.4 Cyprus Artillery Systems Market Revenues & Volume, By Anti-air, 2021-2031F |
6.1.5 Cyprus Artillery Systems Market Revenues & Volume, By Rocket, 2021-2031F |
6.2 Cyprus Artillery Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Artillery Systems Market Revenues & Volume, By Gun Turret, 2021-2031F |
6.2.3 Cyprus Artillery Systems Market Revenues & Volume, By Engine, 2021-2031F |
6.2.4 Cyprus Artillery Systems Market Revenues & Volume, By Fire Control System, 2021-2031F |
6.2.5 Cyprus Artillery Systems Market Revenues & Volume, By Ammunition Handling System, 2021-2031F |
6.2.6 Cyprus Artillery Systems Market Revenues & Volume, By Chassis, 2021-2031F |
6.2.7 Cyprus Artillery Systems Market Revenues & Volume, By Auxiliary System, 2021-2031F |
6.3 Cyprus Artillery Systems Market, By Caliber |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Artillery Systems Market Revenues & Volume, By Small, 2021-2031F |
6.3.3 Cyprus Artillery Systems Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4 Cyprus Artillery Systems Market Revenues & Volume, By Heavy, 2021-2031F |
6.4 Cyprus Artillery Systems Market, By Range |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Artillery Systems Market Revenues & Volume, By Short Range, 2021-2031F |
6.4.3 Cyprus Artillery Systems Market Revenues & Volume, By Medium Range, 2021-2031F |
6.4.4 Cyprus Artillery Systems Market Revenues & Volume, By Long Range, 2021-2031F |
7 Cyprus Artillery Systems Market Import-Export Trade Statistics |
7.1 Cyprus Artillery Systems Market Export to Major Countries |
7.2 Cyprus Artillery Systems Market Imports from Major Countries |
8 Cyprus Artillery Systems Market Key Performance Indicators |
9 Cyprus Artillery Systems Market - Opportunity Assessment |
9.1 Cyprus Artillery Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Artillery Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Cyprus Artillery Systems Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.4 Cyprus Artillery Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
10 Cyprus Artillery Systems Market - Competitive Landscape |
10.1 Cyprus Artillery Systems Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Artillery Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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