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Artillery Systems Market Report 2017, Trends, Analysis, Share, Estimates and Forecasts to 2022.

According to Stratistics MRC, the Global Artillery Systems market is accounted for $9.23 billion in 2017 and is expected to reach $19.89 billion by 2026 growing at a CAGR of 8.9%. Increasing demand for artillery systems from the military sector and modernization initiatives in the form of advanced models by various countries are some of the key factors influencing the market growth. However, factors such as limited space for ammunition storage and high cost of self-propelled artillery are restraining the market growth.

For More, Please Visit: https://www.strategymrc.com/report/artillery-systems-market

Amongst range, the medium caliber segment is expected to lead the market due to rising demand for medium caliber artillery systems, such as howitzers, mortars, MLRS and other systems. Medium caliber segment consists of artillery systems having caliber in between 105mm to 155mm. This growth can be attributed to the increase in procurement of 155mm artillery guns, 120 mm mortars, and other medium caliber artillery guns. Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The upgrade of warfare platforms by military forces of different countries in this Asia Pacific region is likely to impell the growth of the market in this region. China, India, and South Korea are major countries investing in the procurement of artillery systems and related technologies.

Some of the key players in the global market include ST Engineering, RUAG Group, Lockheed Martin, KMW+Nexter Defense Systems (KNDS), IMI Systems, Hanwha Group, General Dynamics, ELBIT Systems, Denel SOC LTD, China North Industries Corporation (NORINCO), BAE Systems and Avibras.

Calibers Covered:
• Heavy Caliber (>155mm)
• Medium Caliber (107mm-155mm)
• Small Caliber (20mm-105mm)

Components Covered:
• Ammunition Handling System
• Engine
• Chassis
• Auxiliary System
• Gun Turret
• Fire Control System

Types Covered:
• Mortar
• Rocket Artillery
• Howitzer
• Anti-Air Artillery
• Other Types

Ranges Covered:
• Long Range (>60 Kilometer)
• Medium Range (31-60 Kilometer)
• Short Range (5-30 Kilometer)

Regions Covered:

North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

For More, Please Visit: https://www.strategymrc.com/report/artillery-systems-market

We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

STRATISTICS MRC
19-17/3/1, Mallikarjun Nagar,
Main Road, Near Goutham Nagar, Opposite Hill Rock,
Secunderabad - 500047

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