Global Artillery Systems Market 2024-2034

The global market for artillery systems exhibits a steady growth potential.The market is estimated at USD 24.90 billion and is expected to grow to USD 34.32 billion by 2034. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 3.26% over the forecast period 2024-2034. This growth trajectory reflects sustained demand for artillery systems across various military applications, including land-based artillery, rocket systems, and self-propelled howitzers.

Introduction to Artillery Systems Market:

The global artillery systems market witnessed significant growth and evolution, driven by increasing defense spending, geopolitical tensions, and the modernization of military forces worldwide. Artillery systems play a critical role in providing fire support to ground troops, conducting precision strikes against enemy targets, and deterring aggression in land-based operations. The defense forces seek to enhance their long-range precision strike capabilities and improve the effectiveness of artillery systems in modern warfare scenarios due to which the market has experienced increased investment, innovation, and competition among industry players. One of the key trends shaping the global artillery systems market was the development and adoption of advanced technologies to improve the accuracy, range, and lethality of artillery platforms. Artillery manufacturers invested in next-generation technology-based gun systems, such as self-propelled howitzers, towed artillery, and rocket artillery, equipped with advanced fire control systems, ballistic computers, and inertial navigation units, to enhance the precision and effectiveness of artillery fire. Advanced gun systems incorporated automatic loading mechanisms, hydraulic recoil systems, and digital fire control systems, enabling rapid target acquisition, accurate fire control, and quick response capabilities for artillery crews in the field. Additionally, there is a growing emphasis on long-range artillery systems, including extended-range cannons and guided artillery munitions, capable of engaging targets at extended distances with greater accuracy and lethality.

Technology Impact in Artillery Systems Market

Technological advancements, such as digitalization, automation, and electrification, played a pivotal role in driving innovation in the global artillery systems market. Artillery manufacturers integrated digital technologies, such as networked fire control systems, battlefield management systems, and situational awareness platforms, to enable real-time data exchange and collaborative engagement between artillery units, forward observers, and command and control centers. Automation technologies, including automatic gun laying systems, ammunition handling systems, and self-diagnostic systems, reduced crew workload, minimized human error, and enhanced operational efficiency for artillery units in combat situations. Electrification initiatives, such as hybrid powertrains, electric drive systems, and energy management solutions, improved the mobility, sustainability, and survivability of artillery platforms, enabling extended endurance and reduced logistical footprint for field artillery operations.

Furthermore, there was a growing emphasis on multi-mission and modular artillery systems within the global market. Artillery manufacturers developed versatile and adaptable artillery platforms capable of performing a wide range of missions. These include fire support, counter battery operations, and anti-ship strike missions, with interchangeable mission modules, weapon systems, and sensor suites. Modular artillery systems allowed operators to configure and customize platforms to meet specific mission requirements, adapt to evolving threats, and integrate with other artillery units and joint forces in combined arms operations. There is a trend towards interoperable artillery systems that could collaborate with other land, air, and maritime assets to achieve synchronized and integrated fire support across diverse mission areas and operational theaters.

Key Drivers in Artillery Systems Market

Several key drivers fuel the growth and evolution of the artillery systems market:

1. Military Modernization: Nations worldwide prioritize the modernization of their armed forces, including upgrading artillery systems to maintain strategic deterrence and address emerging threats. Investments in advanced artillery platforms enhance combat effectiveness, operational flexibility, and survivability on the modern battlefield.

2.Network-Centric Warfare: The integration of artillery systems into network-centric warfare environments facilitates coordinated and synchronized operations across multiple domains. Artillery systems are increasingly integrated with other military platforms and sensors, enabling real-time situational awareness, target acquisition, and engagement, thereby enhancing overall battlefield effectiveness.

3.Urban Warfare and Asymmetric Threats: The proliferation of urban warfare and asymmetric threats necessitates adaptable and responsive artillery systems capable of operating in complex environments. Artillery systems equipped with precision-guided munitions and advanced targeting capabilities enable precision strikes with reduced collateral damage, addressing the challenges posed by urban and asymmetric warfare scenarios.

4. Unmanned Systems Integration: The integration of unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and unmanned maritime vehicles (UMVs) into artillery systems enhances operational flexibility and effectiveness. Unmanned systems equipped with reconnaissance and targeting payloads extend the reach and capabilities of artillery units, enabling enhanced situational awareness and precision engagement.

5. Interoperability and Joint Operations: The emphasis on interoperability and joint operations among allied nations fosters collaboration and standardization in artillery systems. Joint exercises, training programs, and interoperability initiatives promote the integration of artillery assets across multinational forces, enhancing collective defense capabilities and operational effectiveness.

Regional Trends in Artillery Systems Market

The Asia-Pacific region emerged as a key growth market for artillery systems in 2023, driven by increasing defense expenditures, regional security challenges, and the modernization of military forces across the region. Countries such as China, India, and Australia witnessed significant investments in artillery modernization programs to enhance their firepower, operational capabilities, and strategic deterrence in the Indo-Pacific theater. Additionally, the Asia-Pacific region saw the development of indigenous artillery solutions tailored to regional requirements and operational challenges, driving innovation and competition within the artillery systems market.

The COVID-19 pandemic had a mixed impact on the global artillery systems market, with certain segments experiencing accelerated growth and adoption while others faced delays and disruptions. As defense forces adapted to the challenges posed by the pandemic, there was a renewed focus on enhancing artillery capabilities to address emerging threats and maintain strategic deterrence in a volatile and uncertain security environment. Artillery systems played a crucial role in supporting border security, territorial defense, and force projection efforts, enabling operators to maintain operational readiness and combat effectiveness despite travel restrictions and operational constraints. However, it is important to maintain a supply chain resilience, workforce readiness, and operational continuity planning for artillery programs, ensuring the availability and reliability of artillery assets in the face of future crises and contingencies.

Key Artillery Systems Programs

1. Indian Army's Advanced Towed Artillery Gun System (ATAGS)

The ATAGS is an indigenous 155 mm x 52 calibre howitzer gun developed by the Defence Research and Development Organisation (DRDO) to replace older guns in service with a modern artillery system. The ATAGS features advanced technologies, including an all-electric drive, to ensure maintenance-free and reliable operation over a longer period.

2. Russian 2S19M2 Self-Propelled Artillery Platform

The 2S19M2 is Russia's most advanced self-propelled artillery platform, featuring a fully digital fire-control system, digital electronic maps, and GLONASS navigation. It can receive targeting guidance from unmanned aerial vehicle (UAV) platforms and has an auto-loader for all standard Russian 152mm munitions, improving its sustained firing rate.

3. US Army's Paladin

The US Army's Paladin employment involves the use of M109A7 howitzers in various dispersion techniques, such as terrain gun positioning, to provide fire support while minimizing vulnerability to counter-battery fire. The Army's artillery units must balance command, control, and sustainment considerations when employing Paladins in contested environments.

4. K-9 Thunder

AUSA 2023: The Hanwha K9 Thunder has become the 'best-selling' 155mm self-propelled artillery system, with over 2,400 units contracted or delivered. It features a 155 mm gun and a 12.7 mm heavy machine gun, delivering substantial firepower for both artillery and anti-infantry purposes.