| REPORT ATTRIBUTE |
DETAILS |
| Historical Period |
2020-2023 |
| Base Year |
2024 |
| Forecast Period |
2025-2032 |
| Artillery Systems Market Size 2024 |
USD 10,935.00 Million |
| Artillery Systems Market, CAGR |
6.6% |
| Artillery Systems Market Size 2032 |
USD 18233.8 Million |
Market Overview:
The Artillery Systems Market is projected to grow from USD 10,935.00 million in 2024 to an estimated USD 18233.8 million by 2032, with a compound annual growth rate (CAGR) of 6.6% from 2024 to 2032.
Key drivers of growth in the Artillery Systems Market include the rising incidence of regional conflicts, heightened geopolitical instability, and the modernization of legacy artillery platforms. Armed forces are increasingly demanding long-range, high-accuracy systems capable of operating in complex, multi-domain environments. Precision-guided munitions, automated fire control systems, and modular design are transforming traditional artillery units into more responsive and integrated combat components. Military strategies now emphasize flexible, rapid-response capabilities, which has accelerated the development and deployment of self-propelled and mobile artillery systems. Defense contractors are also leveraging advancements in automation, materials, and digital technologies to improve range, accuracy, and system survivability, aligning their offerings with the evolving demands of modern warfare.
Regionally, the Artillery Systems Market exhibits varied growth dynamics. North America holds a significant share, accounting for roughly one-third of global revenue, driven by consistent U.S. Department of Defense investments in artillery modernization and next-generation fire support systems. Europe is witnessing renewed interest in heavy artillery procurement, especially in response to shifting security priorities and increased military spending in countries like Germany, France, and the United Kingdom. Asia-Pacific is expected to register the fastest growth rate, fueled by increasing territorial tensions, large-scale defense procurement programs, and domestic manufacturing initiatives in China, India, and South Korea. Latin America and the Middle East & Africa are showing gradual growth, supported by military upgrades, counterinsurgency efforts, and improved defense planning. Overall, regional growth is influenced by the pace of defense innovation, strategic procurement policies, and ongoing geopolitical shifts.
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Market Insights:
- The market is expected to grow from USD 10,935.00 million in 2024 to USD 18,233.8 million by 2032, at a CAGR of 6.6%.
- Rising geopolitical tensions and regional conflicts are accelerating artillery system modernization and procurement.
- Armed forces are prioritizing long-range, precision-strike capabilities to meet multi-domain operational requirements.
- Self-propelled and mobile artillery platforms are gaining traction due to their rapid deployment and high-impact performance.
- High development and procurement costs remain a barrier, especially for budget-constrained nations.
- Technological integration, including AI, automation, and network-centric warfare, is reshaping artillery capabilities and interoperability.
- North America leads in market share, while Asia-Pacific is set to grow fastest due to increased defense spending in China, India, and South Korea.
Market Drivers:
Increasing Global Defense Expenditure and Military Modernization:
The steady rise in global defense budgets is a primary driver of the Artillery Systems Market. Governments are allocating substantial funding to modernize ground-based weaponry and enhance national security capabilities. This increase in spending is particularly notable among NATO countries, India, China, and Middle Eastern nations responding to evolving threat landscapes. Artillery systems, including howitzers, mortars, and rocket launchers, are viewed as essential components of force projection and battlefield dominance. The need to replace outdated Soviet-era or Cold War-era platforms is creating sustained demand for advanced and modular artillery solutions. The Artillery Systems Market benefits directly from these procurement initiatives, which align with broader defense transformation agendas.
- For instance, the U.S. Department of Defense reported awarding BAE Systems a $299 million contract in 2024 for the production of additional M109A7 self-propelled howitzers, and India’s Ministry of Defence confirmed delivery of over 100 K9 Vajra-T self-propelled artillery units from Hanwha Group and Larsen & Toubro by the end of 2024.
Growing Emphasis on Precision-Strike and Long-Range Capabilities:
Modern combat environments demand accurate, long-range firepower that can support rapid deployment and coordinated operations. Military doctrines have shifted to favor precision-guided munitions and systems capable of operating across wide geographic theaters. This evolution is driving the adoption of artillery platforms that integrate GPS targeting, digital fire control systems, and networked battlefield communication. Armed forces require flexible systems capable of delivering high-impact strikes without collateral damage. The Artillery Systems Market is responding by advancing self-propelled and truck-mounted platforms with improved range, rate of fire, and accuracy. These capabilities are crucial for counter-battery operations, urban warfare support, and deterrence strategies.
- For instance, Rheinmetall AG announced in 2024 that its new RCH 155 self-propelled howitzer achieved successful live-fire trials with GPS-guided 155mm shells, demonstrating a range of over 80 kilometers, as confirmed by German Army procurement reports.
Geopolitical Tensions and Rising Cross-Border Threats:
Persistent regional conflicts, unresolved border disputes, and rising geopolitical frictions continue to fuel artillery acquisitions worldwide. Nations along volatile frontiers in Eastern Europe, East Asia, and the Middle East view artillery systems as strategic assets for deterrence and rapid escalation response. Incidents of cross-border hostilities have reinforced the value of mobile, high-caliber artillery that can be deployed swiftly and sustain long-range engagement. Governments are investing in artillery not only to strengthen conventional deterrence but also to signal military readiness. The Artillery Systems Market expands under these conditions, where regional instability demands robust ground-based firepower.
Technological Advancements and Integration into Network-Centric Warfare:
Ongoing technological innovation plays a critical role in shaping the Artillery Systems Market. New materials, automation in loading mechanisms, and AI-assisted targeting systems are redefining operational standards. Integration of artillery units into broader command-and-control frameworks enables real-time targeting, improved situational awareness, and precision coordination with air and infantry assets. These advancements increase system survivability, reduce crew requirements, and accelerate battlefield response. Defense manufacturers are prioritizing modularity and platform scalability to meet diverse mission profiles. The market continues to evolve as militaries seek artillery solutions that enhance lethality, mobility, and interoperability within modern combat systems.
Market Trends:
Shift Toward Self-Propelled and Mobile Artillery Platforms:
The demand for self-propelled and highly mobile artillery platforms is increasing as militaries prioritize speed, flexibility, and survivability on the battlefield. Traditional towed systems are gradually being replaced or complemented by wheeled or tracked self-propelled variants that offer quicker deployment and reduced setup time. These platforms enable forces to reposition rapidly, minimizing exposure to counter-battery fire. Several countries are investing in indigenous development programs or acquiring mobile systems through defense partnerships. The Artillery Systems Market is witnessing strong momentum in this segment, driven by the need for modern, agile firepower capable of supporting rapid response and maneuver warfare. Mobility remains a central feature in artillery procurement decisions across both developed and emerging military forces.
- For instance, France’s Nexter Group delivered 18 additional CAESAR 155mm truck-mounted howitzers to the French Army in 2024, bringing the total fleet to over 100 units, according to the French Ministry of Armed Forces.
Integration of Precision-Guided Munitions and Fire Control Systems:
The adoption of precision-guided munitions (PGMs) in artillery operations continues to reshape battlefield effectiveness and tactical planning. Armed forces are integrating advanced targeting solutions such as GPS guidance, laser designation, and inertial navigation into their artillery arsenals. This trend significantly improves hit accuracy while reducing collateral damage and ammunition waste. Modern fire control systems enable real-time targeting and automated ballistic calculations, enhancing responsiveness and first-shot effectiveness. The Artillery Systems Market is increasingly focused on pairing platforms with digital command-and-control architectures. These enhancements allow for better synchronization with intelligence, surveillance, and reconnaissance assets in complex operational theaters.
- For instance, Elbit Systems Ltd. reported in 2024 that its ATMOS self-propelled howitzer was equipped with a fully digital fire control system and delivered to multiple NATO countries, supporting network-centric artillery operations.
Growth of Modular and Scalable Artillery Platforms:
Defense manufacturers are designing artillery systems with modularity and scalability to meet varying operational requirements. Countries seeking to equip forces with cost-effective yet capable platforms are turning to modular artillery solutions that support different calibers, vehicle bases, and fire control systems. This approach simplifies logistics, streamlines training, and supports phased modernization. It also allows nations to upgrade existing artillery fleets without overhauling entire systems. The Artillery Systems Market reflects this shift, with vendors offering solutions that can evolve with changing mission profiles and budget constraints. Customization and configuration flexibility are becoming key differentiators in procurement strategies.
Adoption of Unmanned and Remote Operation Capabilities:
Unmanned technologies and remote operation capabilities are gradually making their way into artillery applications. Militaries are experimenting with remotely operated turrets, automated reloading systems, and even robotic artillery units that minimize crew exposure and support high-risk missions. These systems enhance operational safety and extend artillery utility into contested environments where traditional platforms may be vulnerable. The Artillery Systems Market is responding by developing hybrid models that combine conventional firepower with robotic functionality. While still in early stages, this trend signals a move toward next-generation warfare capabilities where automation plays a strategic role in fire support operations.
Market Challenges Analysis:
High Development and Procurement Costs Limit Accessibility:
The cost-intensive nature of modern artillery systems presents a major challenge for widespread adoption. Advanced technologies such as precision-guided munitions, automated fire control systems, and mobile chassis significantly increase unit costs. Budget-constrained countries face difficulty funding large-scale procurement or modernization programs, which limits their ability to upgrade outdated artillery fleets. Long development cycles, strict defense compliance requirements, and logistical demands further escalate total acquisition costs. The Artillery Systems Market must navigate these financial constraints, especially in regions where national defense spending remains limited. Manufacturers face growing pressure to balance innovation with affordability to reach broader international customers.
Operational Complexity and Integration Challenges with Legacy Systems:
Deploying modern artillery systems requires extensive training, digital infrastructure, and seamless integration with existing command-and-control networks. Many defense forces still operate legacy artillery platforms, making compatibility with new systems technically and operationally complex. Transitioning from manual or analog systems to network-enabled, automated solutions introduces gaps in interoperability and requires significant investment in personnel retraining and system alignment. These challenges slow down the pace of adoption and can hinder overall force readiness during the transition period. The Artillery Systems Market contends with these integration issues as it introduces more advanced and interconnected platforms across varied defense environments. Bridging old and new capabilities remains a strategic hurdle for both suppliers and end-users.
Market Opportunities:
Rising Demand in Emerging Defense Markets:
Expanding defense budgets in emerging economies present strong opportunities for the Artillery Systems Market. Countries in Asia-Pacific, Latin America, and parts of Africa are actively pursuing artillery modernization to strengthen border security and military readiness. Governments are showing interest in cost-effective, modular platforms that provide flexibility and performance without overextending fiscal resources. Domestic production initiatives and technology transfer agreements are also creating entry points for global manufacturers. It stands to benefit from rising procurement interest in mobile and digitally enhanced systems tailored for regional defense objectives. Growing security concerns in these regions will continue to drive forward-looking investments.
Technological Partnerships and Export-Focused Manufacturing:
Collaborations between global defense companies and local industry players open new avenues for market expansion. Joint ventures and licensed manufacturing allow vendors to align with national security policies while reducing barriers to entry. These partnerships also foster the development of customized artillery systems suited to local terrains and operational doctrines. The Artillery Systems Market can capitalize on such collaborations to scale production, shorten delivery timelines, and meet country-specific requirements. Export-oriented manufacturing hubs in nations like South Korea, India, and Turkey are positioning themselves as global suppliers of advanced artillery platforms. This shift supports broader accessibility and accelerates international market penetration.
Market Segmentation Analysis:
By Type
Self-propelled artillery and howitzers dominate the Artillery Systems Market due to their mobility, range, and integration with digital fire control systems. Rocket artillery, including multiple launch rocket systems (MLRS), is gaining momentum for its rapid-fire capability in large-area suppression. Mortars and towed artillery retain relevance in tactical operations, while anti-air and naval artillery meet specialized defense requirements. Field guns, though traditional, are still deployed in certain static defense setups.
- For instance, Lockheed Martin reported in 2024 the delivery of 24 new HIMARS MLRS units to the U.S. Army, with operational deployment in Eastern Europe.
By Range
Long-range systems above 60 kilometers hold the largest share, aligned with military demand for deep-strike capability and standoff engagement. Medium-range systems remain critical for brigade-level support, while short-range artillery supports urban and mobile operations in close combat zones.
- For instance, China North Industries Corporation (NORINCO) demonstrated its AR3 MLRS with a reported range exceeding 130 kilometers during live-fire exercises in 2024, as validated by Chinese defense ministry releases.
By Component
Key components such as fire control systems and gun turrets are in high demand due to their role in enhancing targeting accuracy and operational efficiency. Ammunition handling systems, engines, and chassis support mobility and sustainment, while auxiliary systems improve platform resilience and automation.
By Caliber
Medium and heavy/large caliber segments are the most deployed, providing optimal balance between destructive power and range. Small caliber is typically used in lightweight or portable systems suited for mobile infantry support.
By End User
OEMs lead the market through new system development and platform integration, while the aftersales segment grows steadily due to maintenance, system upgrades, and lifecycle support contracts.
Segmentation:
By Type
- Howitzer
- Mortar
- Rocket Artillery (Multiple Launch Rocket Systems)
- Anti-air Artillery
- Field Guns
- Naval and Coastal Artillery
- Self-Propelled Artillery
- Towed Artillery
By Range
- Short Range (5–30 kilometers)
- Medium Range (31–60 kilometers)
- Long Range (Above 60 kilometers)
By Component
- Gun Turret
- Fire Control System
- Ammunition Handling System
- Auxiliary System
- Engine
- Chassis
By Caliber
- Small Caliber
- Medium Caliber
- Heavy/Large Caliber
By End User
By Region
- North America
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East
- GCC Countries
- Israel
- Turkey
- Rest of Middle East
- Africa
- South Africa
- Egypt
- Rest of Africa
Regional Analysis:
North America
North America holds a dominant position in the Artillery Systems Market, accounting for approximately 33% of global revenue in 2024. The United States drives this regional strength through sustained investment in artillery modernization and advanced long-range precision fires programs. The U.S. Army’s focus on next-generation combat systems and the integration of networked fire control capabilities strengthens its position in the market. Strategic defense contractors in the region benefit from long-term government contracts, funding for R&D, and technological superiority. Canada also contributes through its efforts to modernize artillery components within broader force restructuring plans. It maintains leadership in developing self-propelled, automated, and precision-guided systems, reinforcing its global export competitiveness.
Europe
Europe represents around 25% of the Artillery Systems Market and continues to expand in response to growing regional security concerns. Countries like Germany, France, Poland, and the United Kingdom are accelerating artillery procurement and modernization programs to strengthen their deterrence posture. The war in Ukraine has heightened awareness of the need for mobile, long-range fire support and robust ammunition supply chains. European defense firms are investing in domestic production, joint ventures, and collaborative defense initiatives under NATO and EU frameworks. The region also focuses on interoperability and digital fire control integration across allied forces. It remains a strategically important market with high potential for innovation-driven growth.
Asia-Pacific, Latin America, and Middle East & Africa
Asia-Pacific accounts for roughly 28% of the global Artillery Systems Market and holds the highest regional growth potential. China, India, and South Korea are leading investment in indigenous artillery programs to improve self-reliance and regional force projection. High-volume procurement, expanding defense budgets, and a focus on border security are driving demand. Latin America holds a smaller market share of around 7% but shows steady growth due to internal security operations and modernization of aging stockpiles. The Middle East & Africa region captures approximately 7% of the market, supported by cross-border tensions, counterinsurgency needs, and increased procurement from Gulf nations. It benefits from a mix of international suppliers and localized defense initiatives.
Key Player Analysis:
- Lockheed Martin Corporation
- Hanwha Group
- Nexter Group
- Leonardo S.p.A.
- BAE Systems plc
- Rheinmetall AG
- Elbit Systems Ltd.
- General Dynamics Corporation
- China North Industries Corporation (NORINCO)
- Raytheon Technologies Corporation
- Thales Group
- Saab AB
- KMW+Nexter Defense Systems N.V.
- ST Engineering
- Singapore Technologies Engineering Ltd.
Competitive Analysis:
The Artillery Systems Market features a competitive landscape dominated by global defense contractors with strong technological capabilities and government partnerships. Key players include BAE Systems, Rheinmetall AG, Hanwha Aerospace, Elbit Systems, Nexter Systems, and General Dynamics. These firms lead through innovations in self-propelled platforms, precision-guided munitions, and advanced fire control systems. The market favors companies that offer modular, mobile, and digitally integrated solutions adaptable to evolving battlefield requirements. Defense manufacturers maintain strategic positions by securing long-term military contracts, investing in localized production, and forming joint ventures with regional governments. The Artillery Systems Market supports both legacy system upgrades and next-generation platform development, allowing vendors to serve diverse procurement needs. Competitive intensity continues to rise as nations prioritize artillery modernization, prompting suppliers to focus on affordability, interoperability, and rapid delivery to maintain market relevance.
Recent Developments:
- In February 2025, Lockheed Martin Corporation highlighted its HIMARS mobile artillery system as a flexible, advanced solution for modern battlefields, supporting the full MLRS family of munitions. In March 2025, Lockheed Martin also announced the successful demonstration of an uncrewed HIMARS launcher, marking a significant step toward autonomous artillery operations and supporting the U.S. Army’s modernization strategy.
- In February 2025, Hanwha Group showcased its latest K9A3 self-propelled howitzer at IDEX 2025 in Abu Dhabi, targeting expansion in the Middle East. The company completed successful desert trials of its new 1,000-horsepower engine in Egypt and the UAE and is in ongoing talks with Saudi Arabia and the UAE for major artillery procurement deals.
- In July 2024, Leonardo S.p.A. announced a new 18-month collaboration with Agenzia Industrie Difesa (AID) to jointly develop advanced 155mm artillery ammunition for the Italian Armed Forces. The partnership focuses on innovation, domestic production, and strengthening operational capabilities in the Italian defense sector.
Market Concentration & Characteristics:
The Artillery Systems Market exhibits a moderately concentrated structure, with a few dominant global defense firms accounting for a significant share of total market revenue. Companies such as BAE Systems, Rheinmetall AG, and Hanwha Aerospace lead through vertically integrated capabilities and sustained investment in R&D. It features a blend of legacy system providers and emerging manufacturers focused on modular and mobile artillery platforms. The market is characterized by high entry barriers due to regulatory requirements, capital intensity, and long development cycles. Governments play a central role in shaping demand through multi-year procurement programs and strategic defense alliances. It supports both standardized and customized solutions, reflecting varied national defense priorities and operational needs.
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Report Coverage:
The research report offers an in-depth analysis based on By Type, By Range, By Component, By Caliber, By End User and By Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook:
- Demand for self-propelled and mobile artillery platforms will increase as forces prioritize speed and tactical flexibility.
- Precision-guided munitions adoption will expand, improving targeting accuracy and reducing collateral damage.
- Integration of artillery systems into network-centric warfare frameworks will enhance coordination and battlefield effectiveness.
- Emerging economies will drive procurement through modernization programs and indigenous production efforts.
- Defense budgets in Asia-Pacific, Eastern Europe, and the Middle East will support sustained market expansion.
- Joint ventures and technology transfer agreements will boost localized manufacturing and export potential.
- Modular platform development will allow easier upgrades and customization based on mission requirements.
- Automation and AI-based fire control solutions will reduce crew size and increase operational efficiency.
- Demand for long-range artillery with multi-domain operational capability will influence R&D investments.
- Rising geopolitical tensions and territorial disputes will reinforce the strategic role of artillery systems.
