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Artillery Market Witnesses Robust Growth Across Regions by 2033

09-04-2025 08:09 AM CET | IT, New Media & Software

Press release from: DataHorizzon Research

Artillerys Market

Artillerys Market

According to a new study by DataHorizzon Research, the "Artillery Market" is projected to grow at a CAGR of 3.15% from 2025 to 2033, driven by rising defense modernization programs, increasing geopolitical tensions, and growing investments in advanced weapon systems. The artillery system continues to be one of the most critical components of modern armed forces, offering long-range precision, mobility, and versatility for both offensive and defensive military operations.

Market Size & Insights

The artillery market has emerged as a vital segment within the global defense industry, with steady expansion expected in the coming years. The artillery market was valued at approximately USD 4.39 billion in 2024 and is projected to reach around USD 5.88 billion by 2033, with a compound annual growth rate (CAGR) of about 3.15% from 2025 to 2033.

Artillery systems, including howitzers, mortars, rocket systems, and self-propelled artillery, play a crucial role in modern warfare strategies. The increasing demand for precision strike capabilities, rapid deployment systems, and extended-range munitions is driving industry innovation. Nations are upgrading their artillery arsenals to integrate with digital battlefield technologies, ensuring improved targeting, accuracy, and operational efficiency.

The growth is also reinforced by the rising need for border security and counterinsurgency operations. In addition, artillery modernization programs in emerging economies are opening significant opportunities for manufacturers and suppliers. Recent innovations, such as automated loading systems, GPS-guided shells, and integration of AI-enabled fire control systems, are transforming traditional artillery into advanced and highly efficient combat solutions. With geopolitical instability continuing to shape defense strategies, the artillery market is expected to remain a priority investment for military forces worldwide.

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Key Factors Driving the Future Growth of the Artillery Market:

• Increasing global defense budgets with a focus on land warfare modernization.

• Rising demand for precision-guided artillery systems for enhanced accuracy and reduced collateral damage.

• Growth in cross-border conflicts and territorial disputes fueling artillery acquisitions.

• Technological advancements in AI, automation, and GPS-guided fire control systems.

• Expansion of defense industrial bases in emerging economies supporting local artillery production.

• Ongoing shift toward mobile and self-propelled artillery systems for rapid deployment.

Recent Developments

• Introduction of long-range precision strike artillery systems capable of extended firing ranges.

• Development of lightweight and highly mobile artillery platforms for rapid battlefield deployment.

• Strategic partnerships between global defense contractors and local governments for co-production.

• Integration of smart munitions and guided shells to improve strike accuracy.

• Investment in automation and digital fire control systems for faster response times.

• Deployment of next-generation rocket artillery systems with higher payload capacity.

Emerging Trends

The artillery market is witnessing a shift toward network-centric warfare, where artillery systems are integrated with real-time surveillance, satellite communication, and AI-driven targeting systems. Furthermore, the demand for modular and customizable artillery platforms is rising as nations seek flexible solutions that can be adapted for diverse terrains and missions. Sustainability is also becoming a trend, with increased research into lighter materials and fuel-efficient propulsion technologies for artillery systems.

Market Segments

By Product Type
o Towed Guns
o Self-Propelled Howitzers
o Multiple Rocket Launchers
o Mortars

By Caliber
o Light Artillery (60mm - 105mm)
o Medium Artillery (105mm - 155mm)
o Heavy Artillery (>155mm)

By Guidance System
o Unguided
o Precision-Guided
o Smart Munitions

By End-User
o Army
o Marine Corps
o Special Operations Forces

By Propulsion System
o Gun-Based
o Rocket-Based
o Hybrid

By Region
o North America
o Europe
o Asia-Pacific
o Middle East and Africa
o Latin America

Top 10 Market Companies

• BAE Systems
• Rheinmetall AG
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Hanwha Defense
• Elbit Systems Ltd.
• General Dynamics Corporation
• Nexter Group
• Denel Land Systems
• NORINCO (China North Industries Corporation)

Regional Insights

North America dominates the artillery market due to its high defense expenditure and continuous investment in next-generation weapons. Europe is witnessing steady growth with modernization programs in NATO member states. Asia-Pacific is projected to be the fastest-growing region, driven by rising military budgets in China, India, and South Korea. Meanwhile, Middle East and Africa are investing heavily in artillery systems to strengthen security amid regional conflicts. Latin America shows moderate growth, supported by defense modernization initiatives in select nations.

Market Outlook

The outlook for the artillery market remains positive, with sustained growth expected over the forecast period. The demand for precision, mobility, and long-range capabilities will drive continuous investment in artillery research and development. Global defense agencies are increasingly prioritizing smart munitions, automation, and advanced fire control systems to enhance the effectiveness of artillery operations.

Short-term growth will be fueled by heightened geopolitical tensions, cross-border conflicts, and modernization initiatives in emerging economies. Over the long term, the market is expected to evolve toward digitally integrated artillery platforms that seamlessly connect with drones, surveillance systems, and battlefield management networks. Furthermore, opportunities for co-development and technology transfer between global defense giants and regional manufacturers will expand the market footprint worldwide.

As artillery remains a backbone of ground warfare strategies, the industry will continue to play a critical role in national defense policies. By 2033, the artillery market will not only grow in size but also transform in capability, paving the way for a new era of advanced, precise, and technology-driven battlefield artillery systems.

Contact:
Ajay N
Ph: +1-970-633-3460

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Company Name: DataHorizzon Research
Address: North Mason Street, Fort Collins,
Colorado, United States.
Mail: sales@datahorizzonresearch.com

DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR's comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.

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