Artillery Systems Market Size
Market Overview
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 9.48 Billion |
| Market Size (2030) | USD 13.45 Billion |
| Growth Rate (2025 - 2030) | 7.24% CAGR |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Artillery Systems Market Analysis
The Artillery Systems Market size is estimated at USD 9.48 billion in 2025, and is expected to reach USD 13.45 billion by 2030, at a CAGR of 7.24% during the forecast period (2025-2030).
The artillery systems market landscape is experiencing significant transformation driven by increasing defense modernization initiatives worldwide. Major military powers are substantially increasing their defense spending, with the United States maintaining its position as the largest defense spender globally at USD 778 billion in 2024. The emergence of advanced military technology has led to the development of more sophisticated artillery systems, with modern platforms now capable of achieving ranges exceeding 70 kilometers while maintaining precision strike capabilities. This technological evolution has particularly benefited self-propelled howitzer systems, which now feature enhanced mobility, automated loading systems, and advanced fire control capabilities.
The industry is witnessing a notable shift towards indigenous manufacturing capabilities, particularly in emerging economies. Countries are increasingly focusing on developing domestic production capabilities to reduce dependency on imports and enhance strategic autonomy. For instance, in 2024, India's defense budget allocated USD 18.48 billion specifically for weapons procurement, representing a significant 16% increase from the previous year. This trend has led to the emergence of new manufacturing hubs and collaborative ventures between international defense contractors and local manufacturers, fostering technology transfer and local expertise development.
Naval artillery systems are undergoing substantial modernization with the integration of advanced guidance systems and enhanced range capabilities. Modern naval guns now incorporate sophisticated fire control systems, automated targeting mechanisms, and the ability to use precision-guided ammunition. The development of railgun technology represents a significant advancement, with prototype systems capable of achieving projectile velocities up to six times the speed of sound and ranges extending to 100 nautical miles. These systems are being designed to counter emerging threats such as anti-ship missiles and fast attack craft while providing precise shore bombardment capabilities.
The market is experiencing a pronounced trend toward the development of automated and networked artillery systems. Modern artillery platforms increasingly incorporate artificial intelligence and machine learning capabilities for improved target acquisition and engagement. The integration of advanced command and control systems enables real-time battlefield data sharing and coordinated fire missions across multiple platforms. These developments are complemented by the emergence of new ammunition technologies, including precision-guided munitions capable of engaging targets at extended ranges with minimal collateral damage. The industry has witnessed significant investments in research and development, with major defense contractors focusing on developing next-generation artillery systems that combine enhanced mobility, firepower, and network-centric warfare capabilities.
Artillery Systems Market Trends
Growing Military Expenditure & Defense Modernization Programs
The continuous rise in global military expenditure has emerged as a primary driver for the artillery systems market, with worldwide military spending reaching an all-time high of USD 2240 billion in 2022, marking the eighth consecutive year of growth. This substantial increase in defense budgets is primarily attributed to the evolving geopolitical landscape, characterized by growing hegemonism, unilateralism, and power politics that have fueled several ongoing global conflicts. The United States maintains its position as the world's largest military spender, with expenditure reaching USD 877 billion in 2022, accounting for 39% of total global military spending and surpassing China's spending by threefold.
The increasing focus on military modernization programs is evident through recent procurement activities across various nations. For instance, in December 2022, Lithuania's Defense Ministry signed a contract with the French group Nexter for the procurement of 18 Caesar artillery weapons, demonstrating the growing emphasis on enhancing artillery equipment capabilities. Similarly, in May 2023, China's PLA-Strategic Support Force awarded a contract to the Northwest Institute of Nuclear Technology for the production of 203-millimeter artillery weapons, highlighting the continued investment in advanced artillery systems. These modernization initiatives are driven by the need to replace aging artillery systems with newer generation equipment that offers enhanced capabilities and better operational efficiency.
Technological Advancements Fostering the Development of Advanced Artillery Systems
The integration of sophisticated military technology has revolutionized modern artillery systems, significantly enhancing their accuracy, range, and operational capabilities. Contemporary guidance systems have markedly improved targeting accuracy, enabling a 50-60% increase in first-round hit probability compared to traditional artillery systems. This advancement has led to the development of precision guidance kits (PGK) that can convert conventional munitions into precision munitions, substantially improving battlefield effectiveness while reducing collateral damage. The implementation of digital fire control systems, sophisticated navigation systems, and automated loading mechanisms has further enhanced the operational capabilities of artillery systems.
The evolution of artillery systems has also witnessed significant improvements in range capabilities through innovative technological solutions. For instance, manufacturers like Rheinmetall have achieved breakthrough developments in extended-range capabilities, as demonstrated by the G6 Howitzer (L52/25L) test platform, which achieved a record-breaking range of 76 kilometers with conventional 155mm ammunition. Additionally, the integration of military technology and automation has led to the development of systems like the K9A3, which represents a fully robotic artillery vehicle capable of autonomous movement and fire mission execution. These technological advancements have also facilitated the development of universal launching systems capable of firing various ammunition types from the same position, with ranges extending up to 300 kilometers, significantly enhancing operational flexibility and combat effectiveness in the artillery systems industry.
Segment Analysis: By Type
Howitzer Segment in Artillery Systems Market
The Howitzer segment maintains its dominant position in the global artillery systems market, commanding approximately 40% of the total market share in 2024. This significant market presence is attributed to the segment's versatility and effectiveness in providing indirect fire support across various combat scenarios. Modern howitzer artillery systems incorporate advanced features such as automated loading systems, improved mobility, and enhanced precision guidance capabilities. The integration of digital fire control systems and sophisticated navigation technologies has further strengthened the segment's market position. Countries worldwide are increasingly investing in self-propelled howitzers that offer rapid deployment capabilities and improved survivability on the battlefield.
Rocket Artillery Segment in Artillery Systems Market
The Rocket Artillery segment is experiencing substantial growth momentum, projected to expand at approximately 4.3% during 2024-2029. This growth is driven by increasing investments in multiple launch rocket systems (MLRS) that offer significant advantages in terms of firepower and area coverage. The segment's growth is further propelled by technological advancements in guidance systems, improved accuracy, and the development of precision-guided munitions. Modern rocket artillery systems are being equipped with sophisticated fire control systems, automated loading mechanisms, and enhanced mobility features. The integration of GPS guidance and inertial navigation systems has significantly improved the precision and effectiveness of rocket artillery equipment, making it an increasingly attractive option for military forces seeking to enhance their long-range strike capabilities.
Remaining Segments in Artillery Systems Market by Type
The Anti-air Artillery, Mortar, and Other Types segments collectively represent significant portions of the artillery systems market, each serving distinct operational requirements. Anti-air Artillery systems continue to evolve with advanced radar and targeting capabilities, playing a crucial role in air defense networks. The Mortar segment, while smaller in market share, remains essential for infantry support operations, with ongoing developments in lightweight materials and automated firing systems. The Other Types segment, which includes naval and coastal artillery, demonstrates the diverse applications of artillery equipment across different military domains, with naval integration becoming increasingly important in modern maritime operations.
Segment Analysis: By Range
Short Range Segment in Artillery Systems Market
The Short Range segment, which includes artillery systems with a range of 5-30 kilometers, dominates the artillery systems market with approximately 42% market share in 2024. This segment's prominence is primarily driven by the effectiveness of short-range artillery weapons against lower flying targets where efficiency and accuracy are critical for troop survival. The segment's dominance is further reinforced by the increasing adoption of modern guidance systems that have helped users increase the probability of neutralizing targets by 50-60% in the first round. Short-range artillery systems have proven particularly effective in urban warfare scenarios and close combat support operations, where precision and quick response times are essential. The segment's strong market position is also supported by continuous technological advancements in ammunition types and fire control systems, enabling enhanced accuracy and operational effectiveness.
Medium Range Segment in Artillery Systems Market
The Medium Range segment, covering artillery systems with ranges between 31-60 kilometers, is projected to witness the highest growth rate of approximately 6% during the forecast period 2024-2029. This accelerated growth is primarily attributed to the increasing adoption of 155mm weapons as an all-purpose standard, as they provide an optimal balance between range and destructive power while simplifying logistics. The segment's growth is further driven by the integration of advanced technologies such as automated loading systems, digital fire control systems, and sophisticated navigation capabilities. Military forces worldwide are increasingly investing in medium-range artillery systems to enhance their tactical flexibility and operational reach, particularly in scenarios requiring precision strikes beyond visual range while maintaining mobility and survivability.
Remaining Segments in Range-based Artillery Systems Market
The Long Range segment, encompassing artillery systems with ranges exceeding 60 kilometers, plays a crucial role in modern military operations by providing strategic fire support capabilities. This segment is characterized by sophisticated Multiple Launch Rocket Systems (MLRS) and advanced guided munition technologies. The integration of GPS or inertial guidance systems in long-range artillery has significantly enhanced their accuracy and effectiveness, making them valuable assets for both offensive and defensive operations. The segment continues to evolve with the development of new propulsion technologies and smart ammunition, enabling armed forces to engage targets at greater distances while maintaining precision and minimizing collateral damage.
Artillery Systems Market Geography Segment Analysis
Artillery Systems Market in North America
North America represents a significant artillery systems market, driven by substantial defense spending and ongoing military modernization programs. The United States and Canada are the key markets in this region, with both countries focusing on enhancing their artillery systems capabilities through various procurement and upgrade initiatives. The region's market is characterized by advanced technological integration, including precision guidance systems and automated loading mechanisms in artillery systems platforms. The presence of major defense contractors and robust research and development activities further strengthens the region's position in the global artillery systems market.
Artillery Systems Market in the United States
The United States dominates the North American artillery systems market, accounting for approximately 83% of the region's market share in 2024. The country maintains its leadership position through substantial defense budgets and continuous investment in next-generation artillery systems. The US Army's modernization priorities include the development of extended-range cannon artillery and precision strike capabilities. The country's artillery systems market is supported by major defense programs such as the M109A7 Self-Propelled Howitzer program and the High Mobility Artillery Rocket System (HIMARS). The strong domestic defense industrial base and ongoing research in advanced artillery systems technologies further reinforce the United States' market position.
Artillery Systems Market Growth Dynamics in the United States
The United States is also the fastest-growing market in North America, with a projected growth rate of approximately 5% during 2024-2029. This growth is driven by increasing investments in long-range precision fires and next-generation artillery systems. The US military's focus on multi-domain operations and the need to counter peer competitors has led to accelerated development of advanced artillery systems capabilities. The country's emphasis on incorporating artificial intelligence, autonomous systems, and advanced materials in artillery systems platforms is expected to drive market growth. Additionally, ongoing programs for upgrading existing artillery systems and developing new capabilities contribute to the market's expansion.
Artillery Systems Market in Europe
The European artillery systems market is characterized by diverse requirements across different countries and significant modernization initiatives. Key markets include the United Kingdom, France, Germany, and Russia, each with distinct defense priorities and procurement programs. The region's market is driven by increasing defense spending among NATO members and growing security concerns. European countries are focusing on developing indigenous artillery systems capabilities while maintaining interoperability with NATO standards. The market also benefits from strong research and development activities in advanced artillery systems technologies.
Artillery Systems Market in Russia
Russia emerges as the largest artillery systems market in Europe, commanding approximately 31% of the region's market share in 2024. The country's dominant position is supported by its extensive artillery forces and continuous modernization of its artillery systems. Russia maintains a significant focus on developing and deploying advanced artillery systems platforms, including self-propelled howitzers and multiple launch rocket systems. The country's artillery systems industry benefits from substantial domestic manufacturing capabilities and a strong emphasis on military modernization programs.
Artillery Systems Market Growth Dynamics in the United Kingdom
The United Kingdom demonstrates the highest growth potential in the European market, with an expected growth rate of approximately 5% during 2024-2029. The country's artillery systems market is driven by significant modernization initiatives and the replacement of aging artillery systems platforms. The UK's focus on developing advanced artillery systems capabilities, including precision-guided munitions and automated systems, contributes to this growth. The country's defense industry maintains strong partnerships with international defense contractors while developing indigenous capabilities in artillery systems.
Artillery Systems Market in Asia-Pacific
The Asia-Pacific region represents a dynamic artillery systems market, characterized by increasing defense budgets and growing security concerns. Key markets include China, India, and South Korea, each pursuing significant artillery systems modernization programs. The region's market is driven by territorial disputes, military modernization initiatives, and the need to replace aging artillery systems. Countries in the region are focusing on developing indigenous manufacturing capabilities while maintaining strategic partnerships with international defense contractors.
Artillery Systems Market in China
China maintains its position as the largest artillery systems market in the Asia-Pacific region. The country's artillery systems market benefits from substantial defense spending and a robust domestic defense industrial base. China's focus on military modernization includes significant investments in advanced artillery systems, including self-propelled howitzers and rocket artillery. The country's artillery systems industry demonstrates growing capabilities in developing sophisticated fire control systems and precision-guided munitions.
Artillery Systems Market Growth Dynamics in India
India emerges as the fastest-growing market in the Asia-Pacific region. The country's artillery systems market is driven by extensive modernization programs and the focus on indigenous manufacturing under the 'Make in India' initiative. India's artillery systems modernization includes the procurement of new howitzers, rocket artillery systems, and mortars. The country's growing defense industrial base and partnerships with international defense contractors support market growth.
Artillery Systems Market in Latin America
The Latin American artillery systems market is characterized by modernization needs and budget constraints across different countries. Brazil and Mexico are the key markets in this region, with Brazil emerging as both the largest and fastest-growing market. The region's artillery systems market is influenced by the need to replace aging artillery systems platforms and enhance military capabilities. Countries in the region focus on cost-effective solutions while maintaining operational effectiveness of their artillery systems forces.
Artillery Systems Market in Middle East & Africa
The Middle East & Africa region demonstrates significant market potential for artillery systems, driven by ongoing regional conflicts and military modernization programs. Saudi Arabia, the United Arab Emirates, and Israel are the key markets in this region, with Saudi Arabia emerging as both the largest and fastest-growing market. The region's artillery systems market is characterized by substantial defense budgets, particularly in Gulf countries, and a focus on acquiring advanced artillery systems capabilities. Countries in the region maintain strong relationships with international defense contractors while developing indigenous manufacturing capabilities.
Artillery Systems Industry Overview
Top Companies in Artillery Systems Market
The artillery systems market is characterized by established players focusing on continuous innovation and strategic expansion. Companies are investing heavily in research and development to develop next-generation artillery systems with enhanced precision, automation capabilities, and digital integration features. There is a strong emphasis on developing modular designs that allow customization based on specific military requirements while maintaining operational efficiency. Market leaders are actively pursuing partnerships and collaborations to strengthen their technological capabilities and expand their global footprint. Companies are also focusing on improving their manufacturing processes through automation and Industry 4.0 initiatives to enhance production efficiency and maintain competitive pricing. Additionally, there is an increasing trend towards developing indigenous capabilities through technology transfer agreements and local manufacturing partnerships, particularly in emerging markets.
Fragmented Market with Strong Regional Players
The artillery systems market exhibits a fragmented competitive landscape with a mix of global defense conglomerates and specialized regional manufacturers. Major defense contractors like BAE Systems, Hanwha Group, and Leonardo SpA maintain significant market presence through their comprehensive product portfolios and established relationships with military organizations worldwide. The market is characterized by the presence of state-owned enterprises and government-backed manufacturers in key defense manufacturing nations, who play crucial roles in their domestic markets while gradually expanding their international presence. These companies often benefit from preferential access to domestic defense contracts and government support for research and development initiatives.
The industry is witnessing increased consolidation through strategic mergers and acquisitions, particularly in developed markets. Companies are acquiring specialized technology firms to enhance their capabilities in areas like precision guidance systems and automated loading mechanisms. There is also a notable trend of cross-border partnerships and joint ventures, especially in emerging markets where local manufacturing requirements and technology transfer agreements are becoming increasingly common. The competitive dynamics are further influenced by the growing emphasis on indigenous defense manufacturing capabilities in various countries, leading to the emergence of new local players supported by government initiatives.
Innovation and Localization Drive Market Success
Success in the artillery systems industry increasingly depends on companies' ability to balance technological innovation with cost-effectiveness while adapting to regional requirements. Incumbent players are focusing on developing modular platforms that can be easily customized for different operational requirements while maintaining commonality in core components to achieve economies of scale. Companies are also investing in digital technologies and automation to enhance the precision and effectiveness of their systems while reducing the operational crew requirements. The ability to offer comprehensive support services, including training, maintenance, and upgrades, is becoming increasingly important for maintaining long-term customer relationships.
Market contenders are finding opportunities through specialization in specific subsystems or by focusing on emerging market segments like automated ammunition handling systems or precision guidance kits. The high concentration of military customers and their specific requirements necessitates strong relationships with defense procurement agencies and an understanding of complex regulatory environments. While the threat of substitution from alternative weapon systems exists, artillery systems maintain their relevance through continuous technological evolution and cost-effectiveness. Companies must also navigate increasingly stringent export control regulations and growing emphasis on local content requirements in key markets, making local partnerships and technology transfer capabilities crucial for success.
Artillery Systems Market Leaders
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Lockheed Martin Corporation
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Hanwha Group
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Nexter Group
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Leonardo S.p.A
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BAE Systems plc
- *Disclaimer: Major Players sorted in no particular order
Artillery Systems Market News
- July 2023: Elbit Systems Ltd. announced it was awarded a USD 150 million contract to supply PULS™ (Precise and Universal Launching Systems) rocket launchers and a package of precision-guided long-range rockets.
- July 2023: The UK MoD awarded a USD 4.5 million contract to BAE Systems Bofors AB for the support of the Archer Artillery System. The contract covers an array of areas, including 'equipment/components via technical design and configuring the Archer Artillery System, providing training, maintenance, repair, and configuration management of the Archer Artillery Systems.
Artillery Systems Industry Segmentation
Artillery is a heavy military ranged weapon built to launch munitions. It is one of the most lethal and inexpensive forms of land-based armament currently employed on a large scale across militaries. All purchases, upgrades, maintenance, and repair of artillery systems are included within the scope of the report. The study assimilates data from various sources pertaining to the latest trends and technological developments in artillery systems to provide a holistic overview. It incorporates data to determine the global demand for such systems.
The artillery systems market is segmented into type, range, and geography. Based on type, the market has been segmented into howitzer, mortar, anti-air artillery, rocket artillery, and other types. The other types include naval and coastal artillery systems. The market has also been segmented by range into short-range (5-30 kilometers), medium-range (31-60 kilometers), and long-range (above 60 kilometers). By geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The market sizing and forecasts have been provided in value (USD).
| Type | Howitzer | ||
| Mortar | |||
| Anti-air Artillery | |||
| Rocket Artillery | |||
| Other Types (Naval and Coastal Artillery) | |||
| Range | Short Range (5-30 kilometers) | ||
| Medium Range (31-60 kilometers) | |||
| Long Range (Above 60 kilometers) | |||
| Geography | North America | United States | |
| Canada | |||
| Europe | United Kingdom | ||
| Germany | |||
| France | |||
| Russia | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| South Korea | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| Latin America | Brazil | ||
| Mexico | |||
| Rest of Latin America | |||
| Middle East and Africa | United Arab Emirates | ||
| Saudi Arabia | |||
| Israel | |||
| South Africa | |||
| Rest of Middle East and Africa | |||
| Howitzer |
| Mortar |
| Anti-air Artillery |
| Rocket Artillery |
| Other Types (Naval and Coastal Artillery) |
| Short Range (5-30 kilometers) |
| Medium Range (31-60 kilometers) |
| Long Range (Above 60 kilometers) |
| North America | United States |
| Canada | |
| Europe | United Kingdom |
| Germany | |
| France | |
| Russia | |
| Spain | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| Australia | |
| Rest of Asia-Pacific | |
| Latin America | Brazil |
| Mexico | |
| Rest of Latin America | |
| Middle East and Africa | United Arab Emirates |
| Saudi Arabia | |
| Israel | |
| South Africa | |
| Rest of Middle East and Africa |
Artillery Systems Market Research FAQs
How big is the Artillery Systems Market?
The Artillery Systems Market size is expected to reach USD 9.48 billion in 2025 and grow at a CAGR of 7.24% to reach USD 13.45 billion by 2030.
What is the current Artillery Systems Market size?
In 2025, the Artillery Systems Market size is expected to reach USD 9.48 billion.
Who are the key players in Artillery Systems Market?
Lockheed Martin Corporation, Hanwha Group, Nexter Group, Leonardo S.p.A and BAE Systems plc are the major companies operating in the Artillery Systems Market.
Which is the fastest growing region in Artillery Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Artillery Systems Market?
In 2025, the North America accounts for the largest market share in Artillery Systems Market.
What years does this Artillery Systems Market cover, and what was the market size in 2024?
In 2024, the Artillery Systems Market size was estimated at USD 8.79 billion. The report covers the Artillery Systems Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Artillery Systems Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
