Product Code: ETC13294292 | 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 System Market was valued at USD 7.8 Billion in 2024 and is expected to reach USD 13.6 Billion by 2031, growing at a compound annual growth rate of 9.00% during the forecast period (2025-2031).
The global artillery system market is expected to witness steady growth due to increasing defense budgets across various countries, particularly in regions such as North America, Europe, and Asia-Pacific. Technological advancements in artillery systems, such as digitization, automation, and precision-guided munitions, are driving market growth. Additionally, the need for modernization of aging artillery systems, along with the growing demand for lightweight and mobile artillery solutions, is further fueling market expansion. Key players in the global artillery system market include BAE Systems, Lockheed Martin, Elbit Systems, and Rheinmetall AG, among others. Factors such as geopolitical tensions, border disputes, and the focus on enhancing military capabilities are expected to drive the demand for artillery systems in the foreseeable future.
The Global Artillery System Market is witnessing a shift towards advanced technologies such as smart artillery systems, guided projectiles, and autonomous firing capabilities. Increasing focus on enhancing accuracy, range, and mobility of artillery systems to meet modern warfare requirements is driving innovation in the market. Additionally, the rising geopolitical tensions and increasing defense budgets in various countries are creating opportunities for market growth. The demand for lightweight and mobile artillery systems for rapid deployment in diverse terrains is also a key trend in the market. Furthermore, the integration of digital technologies like artificial intelligence and data analytics in artillery systems is expected to revolutionize battlefield capabilities. Overall, the market is poised for expansion with a focus on technological advancements and strategic partnerships to cater to evolving defense needs globally.
The Global Artillery System Market faces several challenges including budget constraints in defense spending by various countries, technological advancements leading to the development of more sophisticated artillery systems, and the increasing focus on precision and accuracy in artillery operations. Additionally, regulatory restrictions on the export and import of artillery systems, as well as the need for interoperability among different artillery systems used by allied forces, present challenges for market growth. Moreover, the demand for cost-effective and versatile artillery systems that can adapt to various operational environments adds complexity to the market landscape. Overall, the Global Artillery System Market must navigate these challenges to meet the evolving needs of modern warfare and maintain competitiveness in the defense industry.
The Global Artillery System Market is primarily driven by the increasing demand for advanced and technologically superior artillery systems by military forces worldwide. Modernization programs aimed at enhancing military capabilities, rising cross-border conflicts, and the need for precision strike capabilities are fueling the market growth. Additionally, the focus on enhancing firepower, mobility, and situational awareness of artillery units is propelling the adoption of advanced artillery systems. Furthermore, the growing investments in defense sector budgets by various countries to strengthen their military capabilities and maintain strategic superiority are key factors driving the market for artillery systems. Emerging technologies such as smart munitions, guided artillery shells, and automated firing systems are also driving the market expansion by offering enhanced precision and effectiveness in modern warfare scenarios.
Government policies related to the Global Artillery System Market vary by country but generally focus on national security, defense strategy, and technological advancements. Many countries have stringent regulations on the export and import of artillery systems to prevent proliferation and maintain strategic balance. Governments also invest in research and development to enhance the capabilities of their artillery systems, such as improving accuracy, range, and mobility. Additionally, there are policies in place to ensure compliance with international arms control agreements and to promote domestic production of artillery systems to support local defense industries. Overall, government policies play a significant role in shaping the Global Artillery System Market by influencing procurement decisions, technology development, and export controls.
The Global Artillery System Market is poised for steady growth in the coming years, driven by increasing military modernization efforts, border disputes, and rising global tensions. Technological advancements such as the development of smart artillery systems, autonomous artillery platforms, and precision-guided munitions are expected to drive market expansion. Additionally, the growing focus on enhancing long-range strike capabilities and improving artillery accuracy will further propel market growth. Factors such as the need for rapid deployment and enhanced mobility of artillery units will also contribute to the market`s positive outlook. However, challenges related to budget constraints, regulatory issues, and the development of countermeasures may pose some obstacles to market growth. Overall, the Global Artillery System Market is anticipated to witness significant opportunities for expansion in the foreseeable future.
The global artillery system market exhibits varying trends across different regions. Asia is anticipated to witness significant growth due to increasing defense spending by countries like China and India. North America is a mature market with a focus on modernizing existing artillery systems. Europe is also a key market, driven by the demand for advanced artillery systems in response to evolving security challenges. The Middle East and Africa region is expected to see growth in the market due to ongoing conflicts and geopolitical tensions. Latin America is likely to witness moderate growth as countries in the region look to enhance their artillery capabilities. Overall, the global artillery system market is dynamic, with different regions experiencing unique opportunities and challenges.
Global Artillery System 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 System Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Artillery System Market Revenues & Volume, 2021 & 2031F |
3.3 Global Artillery System Market - Industry Life Cycle |
3.4 Global Artillery System Market - Porter's Five Forces |
3.5 Global Artillery System Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Artillery System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Artillery System Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.8 Global Artillery System Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Artillery System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Artillery System Market Trends |
6 Global Artillery System Market, 2021 - 2031 |
6.1 Global Artillery System Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Artillery System Market, Revenues & Volume, By Towed Artillery, 2021 - 2031 |
6.1.3 Global Artillery System Market, Revenues & Volume, By Self-Propelled Artillery, 2021 - 2031 |
6.1.4 Global Artillery System Market, Revenues & Volume, By Rocket Artillery, 2021 - 2031 |
6.2 Global Artillery System Market, Revenues & Volume, By Caliber, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Artillery System Market, Revenues & Volume, By Small, 2021 - 2031 |
6.2.3 Global Artillery System Market, Revenues & Volume, By Medium, 2021 - 2031 |
6.2.4 Global Artillery System Market, Revenues & Volume, By Large, 2021 - 2031 |
6.3 Global Artillery System Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Artillery System Market, Revenues & Volume, By Army, 2021 - 2031 |
6.3.3 Global Artillery System Market, Revenues & Volume, By Navy, 2021 - 2031 |
6.3.4 Global Artillery System Market, Revenues & Volume, By Air Force, 2021 - 2031 |
6.3.5 Global Artillery System Market, Revenues & Volume, By Paramilitary, 2021 - 2031 |
7 North America Artillery System Market, Overview & Analysis |
7.1 North America Artillery System Market Revenues & Volume, 2021 - 2031 |
7.2 North America Artillery System Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Artillery System Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Artillery System Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Artillery System Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Artillery System Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Artillery System Market, Revenues & Volume, By Caliber, 2021 - 2031 |
7.5 North America Artillery System Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Artillery System Market, Overview & Analysis |
8.1 Latin America (LATAM) Artillery System Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Artillery System Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Artillery System Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Artillery System Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Artillery System Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Artillery System Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Artillery System Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Artillery System Market, Revenues & Volume, By Caliber, 2021 - 2031 |
8.5 Latin America (LATAM) Artillery System Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Artillery System Market, Overview & Analysis |
9.1 Asia Artillery System Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Artillery System Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Artillery System Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Artillery System Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Artillery System Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Artillery System Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Artillery System Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Artillery System Market, Revenues & Volume, By Caliber, 2021 - 2031 |
9.5 Asia Artillery System Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Artillery System Market, Overview & Analysis |
10.1 Africa Artillery System Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Artillery System Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Artillery System Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Artillery System Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Artillery System Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Artillery System Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Artillery System Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Artillery System Market, Revenues & Volume, By Caliber, 2021 - 2031 |
10.5 Africa Artillery System Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Artillery System Market, Overview & Analysis |
11.1 Europe Artillery System Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Artillery System Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Artillery System Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Artillery System Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Artillery System Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Artillery System Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Artillery System Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Artillery System Market, Revenues & Volume, By Caliber, 2021 - 2031 |
11.5 Europe Artillery System Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Artillery System Market, Overview & Analysis |
12.1 Middle East Artillery System Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Artillery System Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Artillery System Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Artillery System Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Artillery System Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Artillery System Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Artillery System Market, Revenues & Volume, By Caliber, 2021 - 2031 |
12.5 Middle East Artillery System Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Artillery System Market Key Performance Indicators |
14 Global Artillery System Market - Export/Import By Countries Assessment |
15 Global Artillery System Market - Opportunity Assessment |
15.1 Global Artillery System Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Artillery System Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Artillery System Market Opportunity Assessment, By Caliber, 2021 & 2031F |
15.4 Global Artillery System Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Artillery System Market - Competitive Landscape |
16.1 Global Artillery System Market Revenue Share, By Companies, 2024 |
16.2 Global Artillery System Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |