Artillery System Market Insights, Competitive Landscape, and Market Forecast

Description

The global artillery system market is poised for significant expansion in the coming years, driven by rising defense modernization programs, strategic military investments, and advancements in artillery technologies. The market is projected to grow from USD 10.1 billion in 2026 to USD 15.3 billion by 2033, registering a CAGR of 6.10% during the forecast period.

Introduction

Artillery systems are essential components of modern military forces, providing critical offensive and defensive capabilities in both conventional and asymmetric warfare scenarios. These systems include howitzers, mortars, rocket launchers, and anti-air weapons, all of which enhance battlefield mobility, accuracy, and firepower. As nations increasingly focus on upgrading their defense infrastructure, the demand for advanced artillery systems is expected to accelerate across all major regions.

The global artillery market is being shaped by ongoing technological advancements and evolving military strategies. Countries are replacing aging artillery platforms with networked, automated systems capable of delivering high-precision fire over extended ranges. These modern systems are increasingly integrated with digital command-and-control networks, ensuring operational efficiency, faster response times, and reduced collateral damage during combat.

Market Insights

The artillery system market is witnessing transformative growth driven by rising global defense budgets and technological innovation. North America and Europe remain leaders in advanced artillery development, while Asia Pacific is emerging as a high-growth region due to military modernization efforts in countries such as India, China, South Korea, and Australia.

Modern artillery systems now incorporate automated fire control systems, precision-guided munitions, and enhanced mobility features, providing forces with tactical superiority and increased operational flexibility. Integration with unmanned vehicles and advanced targeting sensors has further improved accuracy and battlefield coordination.

Market Drivers

Several key factors are driving growth in the global artillery system market:

1. Increasing Defense Expenditures: Governments worldwide are investing heavily in modernizing their military arsenals, prioritizing artillery systems with advanced capabilities.
2. Technological Advancements: Innovations such as automated targeting, precision munitions, and extended-range systems are enhancing battlefield effectiveness and reducing operational risks.
3. Geopolitical Tensions: Regional conflicts, border disputes, and rising global security concerns are driving demand for modern artillery systems.
4. Replacement of Aging Systems: Many countries are phasing out older artillery platforms, opting for new systems with higher mobility, automation, and network-centric capabilities.

Business Opportunities

The artillery system market presents considerable opportunities for manufacturers, technology providers, and defense contractors. Companies can capitalize on demand for next-generation systems through modular designs, integrated fire control solutions, and advanced mobility features. Emerging markets, particularly in Asia Pacific and the Middle East, offer substantial growth potential due to increased defense spending and modernization initiatives.

Investment opportunities also exist in research and development for next-gen artillery technologies, including hybrid propulsion engines, automated loading systems, and precision-guided munitions. These innovations are expected to provide companies with a competitive edge and help meet the evolving operational requirements of modern armed forces.

Region Analysis

North America: North America dominates the market due to high defense spending, cutting-edge technology development, and the presence of leading defense contractors. The U.S. remains a key market, focusing on upgrading artillery capabilities to meet contemporary military needs.
Europe: Europe is experiencing steady growth driven by modernization programs in Germany, France, Italy, and other countries. Investments in network-enabled artillery systems and collaborative defense projects are boosting market expansion.
Asia Pacific: This region is expected to record the fastest growth, fueled by rising defense budgets, procurement of advanced artillery systems, and modernization programs in India, China, South Korea, and Australia.
Latin America: Latin America's market growth is supported by defense modernization programs and a need for medium- and long-range artillery to strengthen national security.
Middle East & Africa: Geopolitical instability, regional conflicts, and increasing security threats are driving demand for high-precision, mobile artillery systems in this region.

Key Players

The global artillery system market is highly competitive, with established and emerging players driving innovation and expansion. Key market participants include:

BAE Systems
Lockheed Martin
Northrop Grumman
General Dynamics (GD Land Systems)
Rheinmetall AG
Elbit Systems
Kongsberg Defence & Aerospace
FNSS (Turkish Defence)
TATA Advanced Systems / Indian Defence
Hanwha Defense (Korea)
Denel Land Systems (South Africa)
Oto Melara / Leonardo (Italy)
Nexter Systems (France)
Rosoboronexport / Russian Defence Industry
China North Industries Group

These companies are focusing on technological innovation, strategic partnerships, and expanding their presence in emerging markets to strengthen their position in the global artillery system market.

Market Segmentation

The global artillery system market can be segmented based on type, range, component, and region:

Type

Howitzer
Mortars
Rocket Launchers
Anti-air Weapons
Others

Range

Short
Medium
Long

Component

Fire Control Systems
Engines
Turrets
Chassis
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

1. Executive Summary

1.1. Global Artillery System Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2026
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. COVID-19 Impact Analysis
2.5. Porter's Fiver Forces Analysis
2.6. Impact of Russia-Ukraine Conflict
2.7. PESTLE Analysis
2.8. Regulatory Analysis
2.9. Price Trend Analysis
- 2.9.1. Current Prices and Future Projections, 2025-2033
- 2.9.2. Price Impact Factors

3. Global Artillery System Market Outlook, 2020 - 2033

3.1. Global Artillery System Market Outlook, by Type, Value (US$ Bn), 2020-2033
- 3.1.1. Howitzer
- 3.1.2. Mortars
- 3.1.3. Rocket Launchers
- 3.1.4. Anti-air Weapons
- 3.1.5. Others
3.2. Global Artillery System Market Outlook, by Range, Value (US$ Bn), 2020-2033
- 3.2.1. Short
- 3.2.2. Medium
- 3.2.3. Long
3.3. Global Artillery System Market Outlook, by Component, Value (US$ Bn), 2020-2033
- 3.3.1. Fire Control Systems
- 3.3.2. Engines
- 3.3.3. Turrets
- 3.3.4. Chassis
- 3.3.5. Others
3.4. Global Artillery System Market Outlook, by Region, Value (US$ Bn), 2020-2033
- 3.4.1. North America
- 3.4.2. Europe
- 3.4.3. Asia Pacific
- 3.4.4. Latin America
- 3.4.5. Middle East & Africa

4. North America Artillery System Market Outlook, 2020 - 2033

4.1. North America Artillery System Market Outlook, by Type, Value (US$ Bn), 2020-2033
- 4.1.1. Howitzer
- 4.1.2. Mortars
- 4.1.3. Rocket Launchers
- 4.1.4. Anti-air Weapons
- 4.1.5. Others
4.2. North America Artillery System Market Outlook, by Range, Value (US$ Bn), 2020-2033
- 4.2.1. Short
- 4.2.2. Medium
- 4.2.3. Long
4.3. North America Artillery System Market Outlook, by Component, Value (US$ Bn), 2020-2033
- 4.3.1. Fire Control Systems
- 4.3.2. Engines
- 4.3.3. Turrets
- 4.3.4. Chassis
- 4.3.5. Others
4.4. North America Artillery System Market Outlook, by Country, Value (US$ Bn), 2020-2033
- 4.4.1. U.S. Artillery System Market Outlook, by Type, 2020-2033
- 4.4.2. U.S. Artillery System Market Outlook, by Range, 2020-2033
- 4.4.3. U.S. Artillery System Market Outlook, by Component, 2020-2033
- 4.4.4. Canada Artillery System Market Outlook, by Type, 2020-2033
- 4.4.5. Canada Artillery System Market Outlook, by Range, 2020-2033
- 4.4.6. Canada Artillery System Market Outlook, by Component, 2020-2033
4.5. BPS Analysis/Market Attractiveness Analysis

5. Europe Artillery System Market Outlook, 2020 - 2033

5.1. Europe Artillery System Market Outlook, by Type, Value (US$ Bn), 2020-2033
- 5.1.1. Howitzer
- 5.1.2. Mortars
- 5.1.3. Rocket Launchers
- 5.1.4. Anti-air Weapons
- 5.1.5. Others
5.2. Europe Artillery System Market Outlook, by Range, Value (US$ Bn), 2020-2033
- 5.2.1. Short
- 5.2.2. Medium
- 5.2.3. Long
5.3. Europe Artillery System Market Outlook, by Component, Value (US$ Bn), 2020-2033
- 5.3.1. Fire Control Systems
- 5.3.2. Engines
- 5.3.3. Turrets
- 5.3.4. Chassis
- 5.3.5. Others
5.4. Europe Artillery System Market Outlook, by Country, Value (US$ Bn), 2020-2033
- 5.4.1. Germany Artillery System Market Outlook, by Type, 2020-2033
- 5.4.2. Germany Artillery System Market Outlook, by Range, 2020-2033
- 5.4.3. Germany Artillery System Market Outlook, by Component, 2020-2033
- 5.4.4. Italy Artillery System Market Outlook, by Type, 2020-2033
- 5.4.5. Italy Artillery System Market Outlook, by Range, 2020-2033
- 5.4.6. Italy Artillery System Market Outlook, by Component, 2020-2033
- 5.4.7. France Artillery System Market Outlook, by Type, 2020-2033
- 5.4.8. France Artillery System Market Outlook, by Range, 2020-2033
- 5.4.9. France Artillery System Market Outlook, by Component, 2020-2033
- 5.4.10. U.K. Artillery System Market Outlook, by Type, 2020-2033
- 5.4.11. U.K. Artillery System Market Outlook, by Range, 2020-2033
- 5.4.12. U.K. Artillery System Market Outlook, by Component, 2020-2033
- 5.4.13. Spain Artillery System Market Outlook, by Type, 2020-2033
- 5.4.14. Spain Artillery System Market Outlook, by Range, 2020-2033
- 5.4.15. Spain Artillery System Market Outlook, by Component, 2020-2033
- 5.4.16. Russia Artillery System Market Outlook, by Type, 2020-2033
- 5.4.17. Russia Artillery System Market Outlook, by Range, 2020-2033
- 5.4.18. Russia Artillery System Market Outlook, by Component, 2020-2033
- 5.4.19. Rest of Europe Artillery System Market Outlook, by Type, 2020-2033
- 5.4.20. Rest of Europe Artillery System Market Outlook, by Range, 2020-2033
- 5.4.21. Rest of Europe Artillery System Market Outlook, by Component, 2020-2033
5.5. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Artillery System Market Outlook, 2020 - 2033

6.1. Asia Pacific Artillery System Market Outlook, by Type, Value (US$ Bn), 2020-2033
- 6.1.1. Howitzer
- 6.1.2. Mortars
- 6.1.3. Rocket Launchers
- 6.1.4. Anti-air Weapons
- 6.1.5. Others
6.2. Asia Pacific Artillery System Market Outlook, by Range, Value (US$ Bn), 2020-2033
- 6.2.1. Short
- 6.2.2. Medium
- 6.2.3. Long
6.3. Asia Pacific Artillery System Market Outlook, by Component, Value (US$ Bn), 2020-2033
- 6.3.1. Fire Control Systems
- 6.3.2. Engines
- 6.3.3. Turrets
- 6.3.4. Chassis
- 6.3.5. Others
6.4. Asia Pacific Artillery System Market Outlook, by Country, Value (US$ Bn), 2020-2033
- 6.4.1. China Artillery System Market Outlook, by Type, 2020-2033
- 6.4.2. China Artillery System Market Outlook, by Range, 2020-2033
- 6.4.3. China Artillery System Market Outlook, by Component, 2020-2033
- 6.4.4. Japan Artillery System Market Outlook, by Type, 2020-2033
- 6.4.5. Japan Artillery System Market Outlook, by Range, 2020-2033
- 6.4.6. Japan Artillery System Market Outlook, by Component, 2020-2033
- 6.4.7. South Korea Artillery System Market Outlook, by Type, 2020-2033
- 6.4.8. South Korea Artillery System Market Outlook, by Range, 2020-2033
- 6.4.9. South Korea Artillery System Market Outlook, by Component, 2020-2033
- 6.4.10. India Artillery System Market Outlook, by Type, 2020-2033
- 6.4.11. India Artillery System Market Outlook, by Range, 2020-2033
- 6.4.12. India Artillery System Market Outlook, by Component, 2020-2033
- 6.4.13. Southeast Asia Artillery System Market Outlook, by Type, 2020-2033
- 6.4.14. Southeast Asia Artillery System Market Outlook, by Range, 2020-2033
- 6.4.15. Southeast Asia Artillery System Market Outlook, by Component, 2020-2033
- 6.4.16. Rest of SAO Artillery System Market Outlook, by Type, 2020-2033
- 6.4.17. Rest of SAO Artillery System Market Outlook, by Range, 2020-2033
- 6.4.18. Rest of SAO Artillery System Market Outlook, by Component, 2020-2033
6.5. BPS Analysis/Market Attractiveness Analysis

7. Latin America Artillery System Market Outlook, 2020 - 2033

7.1. Latin America Artillery System Market Outlook, by Type, Value (US$ Bn), 2020-2033
- 7.1.1. Howitzer
- 7.1.2. Mortars
- 7.1.3. Rocket Launchers
- 7.1.4. Anti-air Weapons
- 7.1.5. Others
7.2. Latin America Artillery System Market Outlook, by Range, Value (US$ Bn), 2020-2033
- 7.2.1. Short
- 7.2.2. Medium
- 7.2.3. Long
7.3. Latin America Artillery System Market Outlook, by Component, Value (US$ Bn), 2020-2033
- 7.3.1. Fire Control Systems
- 7.3.2. Engines
- 7.3.3. Turrets
- 7.3.4. Chassis
- 7.3.5. Others
7.4. Latin America Artillery System Market Outlook, by Country, Value (US$ Bn), 2020-2033
- 7.4.1. Brazil Artillery System Market Outlook, by Type, 2020-2033
- 7.4.2. Brazil Artillery System Market Outlook, by Range, 2020-2033
- 7.4.3. Brazil Artillery System Market Outlook, by Component, 2020-2033
- 7.4.4. Mexico Artillery System Market Outlook, by Type, 2020-2033
- 7.4.5. Mexico Artillery System Market Outlook, by Range, 2020-2033
- 7.4.6. Mexico Artillery System Market Outlook, by Component, 2020-2033
- 7.4.7. Argentina Artillery System Market Outlook, by Type, 2020-2033
- 7.4.8. Argentina Artillery System Market Outlook, by Range, 2020-2033
- 7.4.9. Argentina Artillery System Market Outlook, by Component, 2020-2033
- 7.4.10. Rest of LATAM Artillery System Market Outlook, by Type, 2020-2033
- 7.4.11. Rest of LATAM Artillery System Market Outlook, by Range, 2020-2033
- 7.4.12. Rest of LATAM Artillery System Market Outlook, by Component, 2020-2033
7.5. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Artillery System Market Outlook, 2020 - 2033

8.1. Middle East & Africa Artillery System Market Outlook, by Type, Value (US$ Bn), 2020-2033
- 8.1.1. Howitzer
- 8.1.2. Mortars
- 8.1.3. Rocket Launchers
- 8.1.4. Anti-air Weapons
- 8.1.5. Others
8.2. Middle East & Africa Artillery System Market Outlook, by Range, Value (US$ Bn), 2020-2033
- 8.2.1. Short
- 8.2.2. Medium
- 8.2.3. Long
8.3. Middle East & Africa Artillery System Market Outlook, by Component, Value (US$ Bn), 2020-2033
- 8.3.1. Fire Control Systems
- 8.3.2. Engines
- 8.3.3. Turrets
- 8.3.4. Chassis
- 8.3.5. Others
8.4. Middle East & Africa Artillery System Market Outlook, by Country, Value (US$ Bn), 2020-2033
- 8.4.1. GCC Artillery System Market Outlook, by Type, 2020-2033
- 8.4.2. GCC Artillery System Market Outlook, by Range, 2020-2033
- 8.4.3. GCC Artillery System Market Outlook, by Component, 2020-2033
- 8.4.4. South Africa Artillery System Market Outlook, by Type, 2020-2033
- 8.4.5. South Africa Artillery System Market Outlook, by Range, 2020-2033
- 8.4.6. South Africa Artillery System Market Outlook, by Component, 2020-2033
- 8.4.7. Egypt Artillery System Market Outlook, by Type, 2020-2033
- 8.4.8. Egypt Artillery System Market Outlook, by Range, 2020-2033
- 8.4.9. Egypt Artillery System Market Outlook, by Component, 2020-2033
- 8.4.10. Nigeria Artillery System Market Outlook, by Type, 2020-2033
- 8.4.11. Nigeria Artillery System Market Outlook, by Range, 2020-2033
- 8.4.12. Nigeria Artillery System Market Outlook, by Component, 2020-2033
- 8.4.13. Rest of Middle East Artillery System Market Outlook, by Type, 2020-2033
- 8.4.14. Rest of Middle East Artillery System Market Outlook, by Range, 2020-2033
- 8.4.15. Rest of Middle East Artillery System Market Outlook, by Component, 2020-2033
8.5. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Vs Segment Heatmap
9.2. Company Market Share Analysis, 2025
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. BAE Systems
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Developments
- 9.4.2. Lockheed Martin
- 9.4.3. Northrop Grumman
- 9.4.4. General Dynamics (GD Land Systems)
- 9.4.5. Rheinmetall AG
- 9.4.6. Elbit Systems
- 9.4.7. Kongsberg Defence & Aerospace
- 9.4.8. FNSS (Turkish Defence)
- 9.4.9. TATA Advanced Systems / Indian Defence
- 9.4.10. Hanwha Defense (Korea)

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Artillery System Market Insights, Competitive Landscape, and Market Forecast - 2033