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Artillery Systems Market Report 2026

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  • 250 Pages
  • January 2026
  • Region: Global
  • The Business Research Company
  • ID: 5954507
The artillery systems market size has grown strongly in recent years. It will grow from $11.46 billion in 2025 to $12.26 billion in 2026 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to increasing military procurement of howitzers, mlrs, and self-propelled artillery to enhance land combat capability, rising cross-border tensions driving demand for long-range fire support systems, advancements in artillery fire-control and targeting technologies improving system accuracy, historical expansion of defense budgets supporting acquisition of artillery platforms and associated ammunition, growth in manufacturer-provided warranty-period maintenance and system integration services.

The artillery systems market size is expected to see strong growth in the next few years. It will grow to $15.9 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing adoption of next-generation artillery systems featuring automated loading and digital fire-control, increasing demand for extended-range precision-guided artillery munitions, rising investments in mobile and rapidly deployable artillery for modern battlefield requirements, expanding procurement by emerging economies upgrading ground combat capabilities, expected growth in lifecycle service packages including modernization, training, diagnostics, and predictive maintenance for artillery systems. Major trends in the forecast period include rising demand for long-range precision strike artillery, increasing adoption of self-propelled artillery systems, growing development of advanced ammunition and payload options, greater focus on lightweight and portable mortar systems, expansion of multi-role artillery platforms capable of high mobility.

The rising threats of armed conflict are anticipated to drive the growth of the artillery systems market in the future. Armed conflict denotes a state of organized violence between two or more parties, which can include states, non-state actors, or factions within a state, and typically involves the use of armed force to settle disputes. The increasing complexity and interconnectivity of global challenges, along with geopolitical rivalries, regional instabilities, and societal tensions, contribute to the growing perception of escalating threats of armed conflict. Artillery systems are versatile and powerful weapons that can significantly influence the battlefield, support ground operations, and determine the outcomes of armed conflicts. For instance, in January 2024, the Armed Conflict Location and Event Data Project (ACLED), a US-based non-governmental organization, reported a 12% increase in conflict events in 2023 compared to 2022. Thus, the escalating threats of armed conflict are expected to boost the artillery systems market.

Prominent companies operating in the artillery systems market are directing their efforts towards the development of technologically advanced products, such as automatic truck-mounted howitzers, to enhance mobility, firepower, and operational efficiency in military environments. These self-propelled artillery systems feature the integration of a howitzer onto a truck chassis, enabling swift mobility and deployment on the battlefield. For example, in February 2024, China North Industries Group Corporation Limited (Norinco), a China-based defense and military technology manufacturer, unveiled a new truck-mounted howitzer. This innovative system boasts a highly automated design, housing a 155mm L/52 howitzer within an unmanned turret mounted on a 6x6 truck chassis. Equipped with the familiar 14-ton SH16 unmanned turret, the platform ensures stability during firing through an earth spade positioned at the rear, despite its combat weight of 32 tons (equivalent to 70,000 pounds). Operated by merely two crew members within an armored cab, this advanced system represents a significant advancement in modern artillery technology.

In August 2023, Rheinmetall AG, a Germany-based company at the forefront of defense and automotive technology, successfully acquired Expal Systems S.A.U. for a significant $1.3 billion. Following the acquisition, the entity will now operate under the name Rheinmetall Expal Munitions. This strategic move positions Rheinmetall to fulfill substantial ammunition supply contracts previously secured. Expal Systems S.A.U., headquartered in Spain, is a distinguished defense company specializing in the production of artillery ammunition, mortars, medium-caliber rounds, fuzes, and rocket propulsion systems tailored for defense applications.

Major companies operating in the artillery systems market are China North Industries Corporation (NORINCO), Raytheon Technologies Corporation, Lockheed Martin Corporation, Hanwha Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems, Thales Group, Leonardo S.p.A., ST Engineering, Singapore Technologies Engineering Ltd, Science Applications International Corporation, Rheinmetall AG, Serco Group plc, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Saab AB, Bharat Forge Limited, Kongsberg Defence & Aerospace AS, KMW+Nexter Defense Systems N.V., ASELSAN A.Ş., Hyundai Rotem Company, CMI Defence LLC., Cockerill Maintenance & Ingénierie, Nexter Group, Denel SOC Ltd.

North America was the largest region in the artillery systems market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artillery systems market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the artillery systems market by increasing the cost of imported metal components, guidance electronics, and propulsion materials essential for manufacturing modern artillery platforms. These added expenses particularly affect medium- and heavy-caliber systems and long-range rocket artillery, with regions reliant on cross-border defense procurement such as Asia-Pacific and parts of Europe experiencing the greatest impact. However, tariffs are also encouraging domestic production, strengthening regional defense manufacturing capabilities, and stimulating innovation in locally sourced artillery technologies.

The artillery systems research report is one of a series of new reports that provides artillery systems market statistics, including the artillery systems industry's global market size, regional shares, competitors with an artillery systems market share, detailed artillery systems market segments, market trends and opportunities, and any further data you may need to thrive in the artillery systems industry. This artillery systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Artillery systems encompass a range of military equipment designed specifically for artillery use, employing large-caliber guns or cannons to propel projectiles across extended distances. These systems comprise various types of artillery, including howitzers, cannons, and rocket launchers, with variations in size, range, and firepower, spanning from compact mortars to sizable installations.

Key categories of artillery systems include howitzers, mortars, anti-aircraft artillery, rocket artillery, and others. Howitzers, distinguished by their relatively short barrel length and high firing angle, are utilized for indirect fire support against targets such as enemy troops, fortified positions, and armored vehicles. Categorized by caliber and range, artillery systems are classified as small, medium, or heavy, with ranges delineated as short (5-30 kilometers), medium (31-60 kilometers), and long (above 60 kilometers). End users of these systems include aerospace and defense sectors, as well as homeland security agencies.

The countries covered in the artillery systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The artillery systems market consists of sales of artillery systems, including cannons, multiple launch rocket systems (MLRS), air defense artillery, and self-propelled artillery, along with associated ammunition and equipment. Values in this market are 'factory gate' values, encompassing the total value of goods sold by manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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Table of Contents

1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Artillery Systems Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Artillery Systems Market Attractiveness Scoring and Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation (Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment and Risk Profile Evaluation)
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Artillery Systems Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List of Key Raw Materials, Resources & Suppliers
3.3. List of Major Distributors and Channel Partners
3.4. List of Major End Users
4. Global Artillery Systems Market Trends and Strategies
4.1. Key Technologies & Future Trends
4.1.1 Artificial Intelligence & Autonomous Intelligence
4.1.2 Autonomous Systems, Robotics & Smart Mobility
4.1.3 Industry 4.0 & Intelligent Manufacturing
4.1.4 Digitalization, Cloud, Big Data & Cybersecurity
4.1.5 Internet of Things (Iot), Smart Infrastructure & Connected Ecosystems
4.2. Major Trends
4.2.1 Rising Demand for Long-Range Precision Strike Artillery
4.2.2 Increasing Adoption of Self-Propelled Artillery Systems
4.2.3 Growing Development of Advanced Ammunition and Payload Options
4.2.4 Greater Focus on Lightweight and Portable Mortar Systems
4.2.5 Expansion of Multi-Role Artillery Platforms Capable of High Mobility
5. Artillery Systems Market Analysis of End Use Industries
5.1 Army Ground Forces
5.2 Marine Corps Artillery Units
5.3 Homeland Security Agencies
5.4 Defense and Military Training Centers
5.5 Defense Procurement and Acquisition Agencies
6. Artillery Systems Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, and Covid and Recovery on the Market
7. Global Artillery Systems Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
7.1. Global Artillery Systems PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Artillery Systems Market Size, Comparisons and Growth Rate Analysis
7.3. Global Artillery Systems Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Artillery Systems Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Artillery Systems Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Artillery Systems Market Segmentation
9.1. Global Artillery Systems Market, Segmentation by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Howitzer, Mortar, Anti-Air Artillery, Rocket Artillery, Other Types
9.2. Global Artillery Systems Market, Segmentation by Caliber, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Small, Medium, Heavy
9.3. Global Artillery Systems Market, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Short Range (5-30 Kilometer), Medium Range (31-60 Kilometer), Long Range (Above 60 Kilometer)
9.4. Global Artillery Systems Market, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Aerospace and Defense, Homeland Security
9.5. Global Artillery Systems Market, Segmentation of Howitzer, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Towed Howitzers, Self-Propelled Howitzers, Light Howitzers
9.6. Global Artillery Systems Market, Segmentation of Mortar, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Towed Mortars, Self-Propelled Mortars, Hand-Held Mortars
9.7. Global Artillery Systems Market, Segmentation of Anti-Air Artillery, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Small Caliber Anti-Aircraft Guns, Medium Caliber Anti-Aircraft Guns, Large Caliber Anti-Aircraft Guns
9.8. Global Artillery Systems Market, Segmentation of Rocket Artillery, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Multiple Launch Rocket Systems (MLRS), Tactical Rocket Systems, Long-Range Rocket Systems
9.9. Global Artillery Systems Market, Segmentation of Other Types, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Coastal Artillery, Naval Artillery, Rail Guns
10. Artillery Systems Market Regional and Country Analysis
10.1. Global Artillery Systems Market, Split by Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Artillery Systems Market, Split by Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Artillery Systems Market
11.1. Asia-Pacific Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Artillery Systems Market
12.1. China Artillery Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Artillery Systems Market
13.1. India Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Artillery Systems Market
14.1. Japan Artillery Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Artillery Systems Market
15.1. Australia Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Artillery Systems Market
16.1. Indonesia Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Artillery Systems Market
17.1. South Korea Artillery Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Artillery Systems Market
18.1. Taiwan Artillery Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Artillery Systems Market
19.1. South East Asia Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Artillery Systems Market
20.1. Western Europe Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Artillery Systems Market
21.1. UK Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Artillery Systems Market
22.1. Germany Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Artillery Systems Market
23.1. France Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Artillery Systems Market
24.1. Italy Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Artillery Systems Market
25.1. Spain Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Artillery Systems Market
26.1. Eastern Europe Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Artillery Systems Market
27.1. Russia Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Artillery Systems Market
28.1. North America Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Artillery Systems Market
29.1. USA Artillery Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Artillery Systems Market
30.1. Canada Artillery Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Artillery Systems Market
31.1. South America Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Artillery Systems Market
32.1. Brazil Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Artillery Systems Market
33.1. Middle East Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Artillery Systems Market
34.1. Africa Artillery Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Artillery Systems Market, Segmentation by Type, Segmentation by Caliber, Segmentation by Range, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Artillery Systems Market Regulatory and Investment Landscape
36. Artillery Systems Market Competitive Landscape and Company Profiles
36.1. Artillery Systems Market Competitive Landscape and Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Artillery Systems Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Artillery Systems Market Company Profiles
36.3.1. China North Industries Corporation (NORINCO) Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Raytheon Technologies Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Lockheed Martin Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.4. Hanwha Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.5. General Dynamics Corporation Overview, Products and Services, Strategy and Financial Analysis
37. Artillery Systems Market Other Major and Innovative Companies
  • Northrop Grumman Corporation, BAE Systems, Thales Group, Leonardo S.p.A., ST Engineering, Singapore Technologies Engineering Ltd, Science Applications International Corporation, Rheinmetall AG, Serco Group plc, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Saab AB, Bharat Forge Limited, Kongsberg Defence & Aerospace aS, KMW+Nexter Defense Systems N.V.
38. Global Artillery Systems Market Competitive Benchmarking and Dashboard39. Key Mergers and Acquisitions in the Artillery Systems Market
40. Artillery Systems Market High Potential Countries, Segments and Strategies
40.1 Artillery Systems Market in 2030 - Countries Offering Most New Opportunities
40.2 Artillery Systems Market in 2030 - Segments Offering Most New Opportunities
40.3 Artillery Systems Market in 2030 - Growth Strategies
40.3.1 Market Trend-Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic and Forecast Inflation Rates
41.4. Research Inquiries
41.5. About the Analyst
41.6. Copyright and Disclaimer

Executive Summary

Artillery Systems Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses artillery systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for artillery systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The artillery systems market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Report Scope

Markets Covered:

1) By Type: Howitzer; Mortar; Anti-Air Artillery; Rocket Artillery; Other Types
2) By Caliber: Small; Medium; Heavy
3) By Range: Short Range (5-30 Kilometer); Medium Range (31-60 Kilometer); Long Range (Above 60 Kilometer)
4) By End User: Aerospace and Defense; Homeland Security

Subsegments:

1) By Howitzer: Towed Howitzers; Self-Propelled Howitzers; Light Howitzers
2) By Mortar: Towed Mortars; Self-Propelled Mortars; Hand-Held Mortars
3) By Anti-Air Artillery: Small Caliber Anti-Aircraft Guns; Medium Caliber Anti-Aircraft Guns; Large Caliber Anti-Aircraft Guns
4) By Rocket Artillery: Multiple Launch Rocket Systems (MLRS); Tactical Rocket Systems; Long-Range Rocket Systems
5) By Other Types: Coastal Artillery; Naval Artillery; Rail Guns

Companies Mentioned: China North Industries Corporation (NORINCO); Raytheon Technologies Corporation; Lockheed Martin Corporation; Hanwha Corporation; General Dynamics Corporation; Northrop Grumman Corporation; BAE Systems; Thales Group; Leonardo S.p.A.; ST Engineering; Singapore Technologies Engineering Ltd; Science Applications International Corporation; Rheinmetall AG; Serco Group plc; Elbit Systems Ltd.; Israel Aerospace Industries Ltd.; Saab AB; Bharat Forge Limited; Kongsberg Defence & Aerospace AS; KMW+Nexter Defense Systems N.V.; ASELSAN A.Ş.; Hyundai Rotem Company; CMI Defence LLC.; Cockerill Maintenance & Ingénierie; Nexter Group; Denel SOC Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: Word, PDF or Interactive Report + Excel Dashboard

Added Benefits

  • Bi-Annual Data Update
  • Customisation
  • Expert Consultant Support
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.

Companies Mentioned

The companies featured in this Artillery Systems market report include:
  • China North Industries Corporation (NORINCO)
  • Raytheon Technologies Corporation
  • Lockheed Martin Corporation
  • Hanwha Corporation
  • General Dynamics Corporation
  • Northrop Grumman Corporation
  • BAE Systems
  • Thales Group
  • Leonardo S.p.A.
  • ST Engineering
  • Singapore Technologies Engineering Ltd
  • Science Applications International Corporation
  • Rheinmetall AG
  • Serco Group plc
  • Elbit Systems Ltd.
  • Israel Aerospace Industries Ltd.
  • Saab AB
  • Bharat Forge Limited
  • Kongsberg Defence & Aerospace AS
  • KMW+Nexter Defense Systems N.V.
  • ASELSAN A.Ş.
  • Hyundai Rotem Company
  • CMI Defence LLC.
  • Cockerill Maintenance & Ingénierie
  • Nexter Group
  • Denel SOC Ltd.

Table Information