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Artillery Systems Market Size Forecast: How Big Could The Market Get By 2030?
The market for artillery systems has seen robust growth in recent years. It is anticipated to expand from $11.46 billion in 2025 to $12.26 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 7.0%. This historical growth can be attributed to several factors, including increasing military procurement of howitzers, MLRS, and self-propelled artillery to enhance land combat capabilities, rising cross-border tensions stimulating demand for long-range fire support systems, advancements in artillery fire-control and targeting technologies improving system accuracy, the historical expansion of defense budgets supporting the acquisition of artillery platforms and associated ammunition, and the growth in manufacturer-provided warranty-period maintenance and system integration services.
The artillery systems market size is anticipated to experience substantial growth over the coming years. It is projected to expand to $15.9 billion by 2030, achieving a compound annual growth rate (CAGR) of 6.7%. This expansion during the forecast period can be primarily attributed to the increasing uptake of next-generation artillery systems that incorporate automated loading and digital fire-control technologies. Further contributing factors include the rising demand for extended-range precision-guided artillery munitions, heightened investments in mobile and rapidly deployable artillery solutions to meet contemporary battlefield demands, and expanding procurement activities by emerging economies upgrading their ground combat capabilities. Additionally, the expected rise in lifecycle service packages, encompassing modernization, training, diagnostics, and predictive maintenance for artillery systems, is driving this growth. Significant trends expected in the forecast period encompass a growing demand for long-range precision strike artillery and the increasing adoption of self-propelled artillery systems. Other key developments include the ongoing growth in the development of advanced ammunition and payload options, a greater focus on lightweight and portable mortar systems, and the expansion of multi-role artillery platforms designed for high mobility.
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Artillery Systems Market Demand Drivers Opening New Revenue Streams
The increasing dangers of armed conflict are projected to fuel the expansion of the **artillery systems market** going forward. Armed conflict refers to a state of organized violence involving the use of armed force to resolve disputes between two or more parties, such as states, non-state actors, or factions within a state. The perception that armed conflict threats are on the rise is influenced by the growing complexity and interconnectedness of global challenges, combined with geopolitical rivalries, regional instabilities, and societal tensions. Artillery systems are adaptable and powerful weapons that can significantly impact the battlefield, support ground operations, and influence the outcome of armed conflicts. As an illustration, 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. Therefore, the escalating threats of armed conflict will be a key driver for the **artillery systems market**.
Artillery Systems Market Segment Trends And Revenue Contributors
The artillery systems market covered in this report is segmented –
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
Artillery Systems Market Trends Powering Strategic Industry Growth
Leading companies in the artillery systems market are prioritizing the development of technologically advanced offerings, such as automatic truck-mounted howitzers, to improve mobility, firepower, and operational efficiency in military environments. This self-propelled artillery setup integrates a howitzer onto a truck chassis, enabling both maneuverability and swift deployment on the battlefield. For instance, in February 2024, China North Industries Group Corporation Limited (Norinco), a China-based corporation primarily focused on defense and military technology manufacturing, revealed a new truck-mounted howitzer. This innovative system incorporates a highly automated design, pairing a 6×6 truck chassis with an unmanned turret that contains a 155mm L/52 howitzer. The most recent platform integrates the established 14-ton SH16 unmanned turret onto a 6×6 truck chassis. With a combat weight of 32 tons (equivalent to 70,000 pounds), an earth spade at the rear ensures stability during firing. The entire system is managed by just two crew members from inside an armored cab.
Artillery Systems Market Competitive Landscape: Which Companies Lead The Industry?
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.
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Artillery Systems Market Top Region By Revenue And Market Share
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.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
