Role Of Addressing Growing Threats Of Armed Conflict: Transformative Forces Shaping the Artillery Systems Market Landscape in 2025

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What Will the Artillery Systems Industry Market Size Be by 2025?
The market size for artillery systems has seen significant expansion in the past few years. The market is projected to increase from $11.01 billion in 2024 to $11.88 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%. The historical growth can be attributed to the expansion of indirect fire support systems, increased demand for anti-drone artillery solutions, rising demand for long-range artillery, and the increase in urbanization and mega-city conflicts.

What's the Long-Term Growth Forecast for the Artillery Systems Market Size Through 2029?
In the coming years, substantial growth is anticipated in the artillery systems market, which is projected to reach $15.23 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 6.4%. The surge in growth within the predicted period can be credited to factors such as heightened global defense budgets, growing potential for armed conflict, increasing geopolitical issues, a mounting demand for counter-drone artillery methods, and an escalating emphasis on military upgrade, sustainability, and fuel efficiency. The forecast period will also witness significant trends like the inclusion of artificial intelligence in artillery systems, a shift towards network-centric warfare, the integration of electronic warfare capabilities, strategic alliances and adoption of anti-jamming features in artillery systems.

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What Are the Key Growth Drivers Fueling the Artillery Systems Market Expansion?
Anticipations of escalating military conflicts are predicted to stimulate the artillery systems market's growth. Military conflict implies systematic violence between two or more groups such as nations, non-state entities, or internal factions, where armed force is applied to settle disagreements. The intensifying intricacy and interrelatedness of global issues, coupled with geopolitical competitions, regional shakiness, and societal strains, add to the belief that potentials of military conflict are increasing. Artillery systems, being flexible and powerful tools, can reshape the landscape of battle, assist land activities, and affect the result of military conflicts. For example, as per the Armed Conflict Location and Event Data Project (ACLED), a non-governmental organization based in the US, there was an escalation in conflict instances by 12% in 2023 relative to 2022. Consequently, increasing potentials of military conflict will propel the artillery systems market.

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What Are the Key Trends Driving Artillery Systems Market Growth?
Leading firms in the artillery systems market are concentrating on the creation of high-tech products like automatic truck-mounted howitzers to enhance mobility, firepower, and tactical efficiency in military environments. This self-driven artillery system positions a howitzer on a truck chassis, providing speed and mobility on the battlefield. For example, in February 2024, China North Industries Group Corporation Limited (Norinco), a company mainly engaged in producing defense and military technology in China, introduced a novel truck-mounted howitzer. This cutting-edge system showcases a highly automated design, merging a 6x6 truck chassis with a remote-controlled turret housing a 155mm L/52 howitzer. The current platform brings together the well-known 14-ton SH16 unmanned turret on a 6x6 truck chassis. It weighs 32 tons (approximately 70,000 pounds) in combat, with stability assured by an earth spade located at the back. Just two crew members operate the system inside a protected cabin.

How Is the Artillery Systems Market Segmented?
The artillery systems market covered in this report is segmented -

1) By Type: Howitzer, Mortar, Anti-Air Artillery, Rocket Artillery, Other Types
2) By Caliber: Small, Medium, Heavy
3) By Range: Short Range (5-30 Kilometer), Medium Range (31-60 Kilometer), Long Range (Above 60 Kilometer)
4) By End User: Aerospace And Defense, Homeland Security

Subsegments:
1) By Howitzer: Towed Howitzers, Self-Propelled Howitzers, Light Howitzers
2) By Mortar: Towed Mortars, Self-Propelled Mortars, Hand-Held Mortars
3) By Anti-Air Artillery: Small Caliber Anti-Aircraft Guns, Medium Caliber Anti-Aircraft Guns, Large Caliber Anti-Aircraft Guns
4) By Rocket Artillery: Multiple Launch Rocket Systems (MLRS), Tactical Rocket Systems, Long-Range Rocket Systems
5) By Other Types: Coastal Artillery, Naval Artillery, Rail Guns

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Which Companies Are Leading the Charge in Artillery Systems Market Innovation?
Major companies operating in the artillery systems market are China North Industries Corporation (NORINCO), Raytheon Technologies Corporation, Lockheed Martin Corporation, Hanwha Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems, Thales Group, Leonardo S.p.A., ST Engineering, Singapore Technologies Engineering Ltd., Science Applications International Corporation, Rheinmetall AG, Serco Group plc, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Saab AB, Bharat Forge Limited, Kongsberg Defence & Aerospace AS, KMW+Nexter Defense Systems N.V., ASELSAN A.S., Hyundai Rotem Company, CMI Defence LLC., Cockerill Maintenance & Ingénierie, Nexter Group, Denel SOC Ltd.

Which Regions Are Leading the Global Artillery Systems Market in Revenue?
North America was the largest region in the artillery systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artillery systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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