IMARC Group has recently released a new research study titled “Artillery Systems Market Size, Share, Trends and Forecast by Type, Component, Caliber, Range, End User, and Region, 2025-2033”, offers a detailed analysis of the artillery systems market size, share, drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global artillery systems market size was valued at USD 4.39 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 5.88 Billion by 2033, exhibiting a CAGR of 3.15% during 2025-2033. North America currently dominates the market, holding a significant market share of 35.0% in 2024. The increasing defence budgets, technological advancements in weaponry, rising need for modernized military equipment, and growing demand for long-range precision strike capabilities are some of the major factors contributing to increase the artillery systems market share.
Global Artillery Systems Market Trends:
The artillery systems market will change significantly. This change will be driven by modernization, new technologies, and shifting geopolitical factors. One major trend will be the focus on upgrading current artillery platforms. Countries will want these systems to use advanced tech for better precision and effectiveness. Nations will also aim to develop artillery that works well with modern command and control systems. This will improve situational awareness. There will likely be a rise in demand for autonomous and semi-autonomous artillery systems, reflecting a broader push for automation in military operations. Additionally, the emphasis on multi-domain operations will lead to artillery systems that can work smoothly with air and naval forces. This will support joint operations and boost overall combat effectiveness. The geopolitical landscape will keep impacting defense budgets. Countries will prioritize investments in artillery to tackle new threats and ensure strategic deterrence. Overall, the artillery systems market is set for notable growth, driven by innovation and enhanced capabilities, as we move toward 2025.
Factors Affecting the Growth of the Artillery Systems Industry:
Modernization of Military Forces:
The artillery systems market is growing fast. Military forces around the world are modernizing their artillery. Many countries are investing heavily to boost their capabilities. They want to improve effectiveness and keep an edge over rivals. This modernization involves new technologies like precision-guided munitions and automated fire control systems. Improved targeting is also key. With rising geopolitical tensions and ongoing regional conflicts, countries are focusing on upgrading their artillery. They aim for quick responses and greater firepower on the battlefield. Demand for self-propelled artillery, howitzers, and multiple-launch rocket systems is increasing. Militaries want to replace old equipment with newer, versatile options. Also, joint operations and teamwork among allied forces are driving the development of artillery systems. These systems need to work well with other military assets. As nations continue to boost defense spending, the artillery systems market is set for significant growth.
Technological Advancements and Innovations:
Technological advancements are crucial in shaping the artillery systems market. Innovations are boosting the capabilities and effectiveness of these systems. Technologies like artificial intelligence, data analytics, and advanced materials are turning traditional artillery into sophisticated platforms. For example, AI-driven systems analyze battlefield data in real-time. This helps artillery units make informed decisions about targeting and fire support. Smart munitions that adjust their trajectory mid-flight are changing precision strikes. They reduce collateral damage and improve mission success rates. Drone technology also impacts artillery operations. Unmanned aerial vehicles (UAVs) provide vital reconnaissance and targeting information. Moreover, automation and robotics are streamlining artillery operations. This results in faster deployment and fewer crew members needed. As these technologies evolve, they will likely increase demand for modern artillery systems. They are becoming essential to future military strategies.
Geopolitical Tensions and Defense Spending:
Geopolitical tensions and rising defense spending are shaping the artillery systems market. Nations are prioritizing military readiness in response to new threats. Regional conflicts, territorial disputes, and advanced weaponry are pushing countries to strengthen their defense. Governments are boosting their defense budgets to invest in advanced artillery systems for a tactical advantage in potential confrontations. This trend is clear in areas with heightened security concerns, like Eastern Europe and the Asia-Pacific. Also, alliances and defense partnerships are fostering collaboration in artillery development and procurement. Countries aim to enhance their deterrence capabilities by acquiring advanced artillery systems. This focus is driving demand for both new platforms and upgrades to current systems. As the global security landscape evolves, the artillery systems market is set to grow, supported by strong defense spending and military modernization efforts.
Request to Get the Sample Report: https://www.imarcgroup.com/artillery-systems-market/requestsample
Artillery Systems Industry Segmentation:
Analysis by Type:
- Rocket
- Anti-Air
- Howitzer
- Mortar
- Others
Howitzer stands as the largest component in 2024, holding around 43.2% of the market.
Analysis by Component:
- Fire Control System
- Chassis
- Engine
- Gun Turret
- Others
The demand for fire control systems in the market is driven by the need for precision targeting and improved accuracy in modern warfare.
Analysis by Caliber:
- Small
- Medium
- Heavy
The demand for small caliber artillery is driven by the need for lightweight, portable, and rapid-firing systems suitable for close-range support and urban warfare.
Analysis by Range:
- Short-range
- Medium range
- Long-range
Short-range leads the market share in 2024.
Analysis by End User:
- Aerospace and Defense
- Homeland Security
Aerospace and defense leads the market with around 83.8% of market share in 2024.
Regional Analysis:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
North America is the largest market for cold brew coffee by region, largely due to its well-established coffee culture, the popularity of innovative coffee beverages, and the growing trend of on-the-go consumption, especially among younger demographics in urban centers.
Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=4701&flag=C
Key Companies:
- Avibras Industria Aeroespacial
- BAE Systems plc
- Denel Soc Ltd
- Elbit Systems Ltd.
- General Dynamics Corporation
- Hanwha Group
- Leonardo SpA
- Lockheed Martin Corporation
- Nexter group KNDS
- Rostec
- RUAG Holding
- Singapore Technologies Engineering
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
Comments
0 comment