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Artillery Systems Market Analysis

  • Report ID: GMI10714
  • Published Date: Aug 2024
  • Report Format: PDF

Artillery systems Market Analysis

Based on type, the market is divided into howitzers, mortars, rocket artillery, coastal and naval artillery, anti-air. The anti-air segment is expected to register a CAGR of over 10% during the forecast period.
 

  • Anti-air artillery systems are specialized weapons designed to intercept and destroy airborne threats, including fixed-wing aircraft, helicopters, and unmanned aerial vehicles (UAVs). These systems range from lightweight air defense guns to advanced surface-to-air missile (SAM) systems equipped with radar-guided targeting and fire control capabilities.
     
  • Anti-air artillery plays a critical role in protecting ground forces, key installations, and civilian populations from aerial attacks, providing layered air defense coverage against both conventional and asymmetric threats. Modern anti-aircraft systems integrate network-centric warfare capabilities, cooperative engagement modes, and electronic warfare countermeasures to enhance situational awareness and operational effectiveness in complex air defense environments.
     
Artillery Systems Market Share, By Caliber, 2023

Based on caliber, the market is divided into small (less than 105 mm), medium (105 mm to 155 mm), heavy (greater than 155 mm). The medium (105 mm to 155 mm) segment dominated the global market with a revenue of over USD 10 billion by 2032.

 

  • Medium artillery systems encompass howitzers and guns with calibers ranging from 105 mm to 155 mm, serving as the backbone of conventional artillery forces worldwide. These systems strike a balance between mobility and firepower, capable of engaging targets at extended ranges with high accuracy and lethality.
     
  • Medium artillery is deployed by ground forces for sustained bombardment, counter-battery fire, and suppression of enemy positions during offensive and defensive operations.
     
  • Modern medium artillery systems incorporate advanced fire control technologies, automated loading mechanisms, and modular designs to optimize crew efficiency and battlefield survivability. They play critical roles in supporting maneuver warfare, providing sustained fire support, and shaping the operational environment by influencing enemy movements and defenses.
     
U.S. Artillery Systems Market Size, 2022-2032 (USD Billion)

North America dominated the global artillery systems market in 2023, accounting for a share of over 35%. North America, particularly the United States, holds a significant share in the global market. The region benefits from robust defense spending, advanced technological capabilities, and a well-established defense industrial base. In the United States, defense procurement programs prioritize the acquisition of cutting-edge artillery systems, including self-propelled howitzers, rocket launchers, and precision-guided munitions. Companies like Lockheed Martin, Raytheon Technologies, and BAE Systems dominate the market with their expertise in developing high-tech military hardware and software solutions.
 

United States is a leading player in the global artillery systems market, driven by its substantial defense budget, technological prowess, and advanced military capabilities. The U.S. Department of Defense (DoD) allocates significant resources to modernize its artillery arsenal, focusing on acquiring state-of-the-art howitzers, rocket systems, and precision-guided munitions. Companies like Lockheed Martin, Raytheon Technologies, and BAE Systems dominate the market, leveraging their expertise in developing sophisticated military hardware and software solutions. The U.S. market emphasizes innovation in digital and autonomous technologies, enhancing precision, range, and battlefield effectiveness. The DoD's procurement strategies prioritize interoperability with allied forces and the integration of network-centric warfare capabilities, driving demand for versatile and technologically advanced artillery systems.
 

Japan's market reflects its strategic focus on enhancing self-defense capabilities and regional security in the Asia-Pacific region. The Japan Ground Self-Defense Force (JGSDF) invests in advanced artillery technologies, including precision-guided munitions and mobile artillery platforms, to counter potential threats and maintain deterrence against regional adversaries. Japanese defense contractors, such as Mitsubishi Heavy Industries and Kawasaki Heavy Industries, play crucial roles in developing indigenous artillery systems tailored to the country's defense needs. Japan emphasizes technological innovation in artillery platforms, integrating autonomous firing solutions, advanced targeting systems, and network-centric warfare capabilities. The market is characterized by stringent regulatory standards, compliance with international arms control agreements, and collaborations with global defense partners to enhance interoperability and defense capabilities.
 

China's artillery systems market is marked by rapid growth, propelled by its expanding defense budget and strategic objectives to enhance military capabilities and influence in the Asia-Pacific region. The People's Liberation Army (PLA) focuses on developing advanced artillery systems, including long-range artillery, rocket artillery, and precision-guided munitions, to strengthen its regional deterrence and power projection capabilities. Chinese defense contractors, such as Norinco and China Aerospace Science and Industry Corporation (CASIC), lead in indigenous defense production, leveraging domestic technological advancements and research capabilities. The market emphasizes innovation in digital and autonomous artillery technologies, integrating artificial intelligence (AI), unmanned systems, and cyber-resilient platforms to enhance operational efficiency and combat readiness.
 

South Korea's artillery systems industry is characterized by technological innovation, strategic partnerships, and a strong emphasis on defense modernization to counter regional threats and maintain military readiness. The Republic of Korea Army (ROKA) invests in developing indigenous artillery capabilities, including self-propelled howitzers, multiple rocket launchers, and advanced fire control systems, to enhance its operational flexibility and combat effectiveness. South Korean defense companies like Hanwha Defense and Hyundai Rotem lead in manufacturing high-tech artillery systems, incorporating advanced technologies such as GPS-guided munitions and integrated battlefield management systems. The market benefits from close collaboration with global defense contractors and technology providers to integrate cutting-edge solutions and enhance interoperability with allied forces.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for artillery systems was valued at USD 12.13 billion in 2023 and is expected to record a CAGR of over 8% between 2024 and 2032, backed by the increased defense collaboration among countries and defense contractors.

The anti-air segment of artillery systems market is expected to register a CAGR of over 10% through 2032, owing to their role in protecting ground forces, key installations, and civilian populations from aerial attacks.

North America market accounted for a revenue share of over 35% in 2023, backed by robust defense spending, advanced technological capabilities, and a well-established defense industrial base.

Lockheed Martin Corporation, BAE Systems plc, Hanwha Group, Elbit Systems, Nexter Group, RUAG Group, and General Dynamics Corporation.

Artillery Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 218
  • Countries covered: 19
  • Pages: 210
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