Artillery Systems Market Size, Share, and Growth Analysis

Global Artillery Systems Market

Artillery Systems Market By Type (Howitzers, Mortars), By Subsystem (Turrets, Engines), By Range (Short-range, Medium-range), By Region - Industry Forecast 2025-2032


Report ID: SQMIG20A2308 | Region: Global | Published Date: March, 2025
Pages: 194 |Tables: 94 |Figures: 71

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Artillery Systems Market Insights

Global Artillery Systems Market size was valued at USD 11.24 billion in 2023 and is poised to grow from USD 12.0 billion in 2024 to USD 20.32 billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032). 

Several of the principal drivers, including increasing defense spending worldwide, military modernization programs, and increased geopolitical tensions, drive the global artillery systems market growth. In addition, the rising threats from asymmetrical warfare and requirements for improved capabilities in counter-artillery are pressurizing governments to invest in advanced artillery technologies. Moreover, regional wars, military exercises, and increased prominence of new artillery are accelerating the market growth.

Governments are spending money on the modernization of their artillery system to enhance mobility, range, and accuracy, leading to increased demand for such advanced systems as rocket launchers, howitzers, and self-propelled artillery. BAE Systems plc was awarded a USD 579.3 million contract by the U.S. Army in July 2024 to produce additional self-propelled howitzers. The company will produce the M992A3 ammunition carrier vehicles and M109A7 Paladin self-propelled howitzers under this contract. This contract confirms the company's position as one of the major providers of artillery systems to the U.S. military.

Furthermore, the market growth is driven by rising emphasis on network-centric warfare and long-range precision strike capabilities that are driving technology development, such as precision-guided munitions, automated fire control systems, and mobility solutions. Improved fire control systems, including better sensors, computers, and communications, have enabled artillery units to shoot targets faster and more precisely. The addition of automation and robotics to artillery systems makes it more efficient, reduces human errors, and raises safety levels.

The growth of the market will happen in the coming years as artillery systems become more integrated with command-and-control centers and intelligence platforms to have improved situational awareness and operational effectiveness. The artillery units also can be supplied with real-time intelligence and target information to help, further enhancing their response to threats and, along with that, effective decision-making. By integrating artillery systems with intelligence platforms, units are supplied with credible target coordinates and adjust their fire accordingly. All these factors are expected to drive market growth in the next few years.

Key Market Attributes

The U.S. Department of Defense (DoD) and intelligence organizations are the primary customers of Northrop Grumman, which deals with a comprehensive range of products, services, and solutions for domestic and overseas customers. With technological advancement in various fields, Northrop Grumman is a dominant player in aerospace, defense, and space. The major operational segments are defense systems, space systems, mission systems, and aeronautics systems. Northrop Grumman focuses mainly on national security, autonomous systems, and cyber solutions. It is well known for its achievements in space exploration, missile defense, and stealth. To maintain defense dominance, the company continues developing competencies via collaboration, innovation, and modern manufacturing techniques.

A global industrial player, Leonardo S.p.A. provides innovative technical solutions in security, military, and aerospace. As a key technology partner to governments, defense organizations, companies, and institutions, the company is central to international defense programs. Its main business areas are helicopters, aircraft, aerostructures, defense electronics & security, and space. Leonardo is a global leader in avionics, cyber defense, and next generation defense systems. It is deeply committed to digitalization and innovation and is well-represented in European and NATO defense organizations. With international partners, it works to maintain military strength and ensure mission preparedness in difficult security situations.

KNDS France is a top pan-European defense group, particularly focusing on land defense systems. It owns the complete life cycle of systems-from conceptualization, manufacturing, and maintenance to upgrades. The company is a stakeholder in major defense programs on the European and international markets, developing advanced defense systems, guns, and armored vehicles. KNDS France is future tech with respect to artificial intelligent defense systems and technology adapted by the future battlefield. For modernizing the military and ensuring co-operability, it is a must in all cases for the purpose of defense co-operation within Europe. It continues to strengthen with its production and engineering the world's armed forces capabilities.

Market snapshot - 2025-2032

Global Market Size

USD 11.24 billion

Largest Segment

Medium

Fastest Growth

Long

Growth Rate

6.8% CAGR

Global Artillery Systems Market ($ Bn)
Country Share for North America (%)

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Artillery Systems Market Segments Analysis

Global Artillery Systems Market is segmented by Type, Subsystem, Range and region. Based on Type, the market is segmented into Howitzers, Mortars, Rocket Launchers, Anti-air weapons and Artillery. Based on Subsystem, the market is segmented into Turrets, Engines, Fire Control Systems, Ammunition Handeling Systems, Chassis and Auxiliary Systems. Based on Range, the market is segmented into Short-range, Medium-range and Long-range. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.  

Analysis By Range

As per the 2024 global artillery systems market analysis, the medium segment accounted for the highest revenue share in the market. Growing demands for precision-guided ammunition and range capability have enhanced the appeal of medium-range artillery systems across the military force. Moreover, the versatility of medium-range systems to be utilized for direct and indirect fire support has made them all the more in vogue. Besides, the presence of a range of medium-range artillery systems, both towed and self-propelled, has given military forces more flexibility and versatility. These aspects highlight the supremacy of the medium range segment in the market.

The long segment is expected to have a significant CAGR during the forecast period. The long-range segment in the market is experiencing high growth because of numerous factors. The expanding ranges of artillery equipment, due to advancements in the technologies of propulsion and guidance, have expanded their operating range. Long-range artillery equipment demand has grown with the need for the accuracy of targets beyond normal ranges of conventional artillery. In addition, the creation of sophisticated counter-battery radars and fire control systems has further increased the effectiveness of long-range artillery, increased their demand and opening profitable opportunities for the segment.

Analysis By Type

Based on the 2024 global artillery systems market forecast, the howitzer category registered the highest revenue contribution of more than 42.5%. The growing needs for accurate artillery support and the advancements in technologies such as increased range, accuracy, and mobility have fueled demands for howitzers in military forces. The segment is also growing due to counter insurgency and irregular warfare operations considerations, where howitzers might offer viable fire in complex environments. Besides this, development of towed, tracked, and wheeled howitzers has greatly increased operational environments on which one can employ howitzers, thereby boosting growth of this segment.

The anti-air weapons segment is estimated to boom with a uniform CAGR of 8.0% between 2025 to 2032, led by the growing necessity for sophisticated air defense weapons capable of addressing novel aerial threats such as drones, helicopters, and guided weapons. With the introduction of unmanned aerial vehicles (UAVs) and heightened exposure to aerial attack, the armies globally are relying more on anti-aircraft artillery systems with high-response speed, precision targeting, and longer ranges. Furthermore, adding radar and computerized fire control systems to the weapons has raised their effectiveness, making them indispensable components of aerial defense and having a tendency to promote segmental growth.

Global Artillery Systems Market By Range

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Artillery Systems Market Regional Insights

The North American artillery systems industry was the largest contributor, contributing approximately 40% in the total revenue share, in 2024 because of rising defense budgets, military modernization, and heightened geopolitical tensions. The U.S. Department of Defense is heavily investing in the modernization of its artillery systems, with a focus on long-range precision-strike capabilities and greater mobility of the ground forces. In addition, the application of sophisticated technologies, such as automation, precision-guided missiles, and next-generation fire control systems, is fueling market expansion. Rising national security, homeland defense, and international threat issues are also motivating further investments. The presence of principal defense contractors in the region is also propelling market growth.

The U.S. artillery systems market will witness monumental growth in the coming future with the rising demands for advanced artillery systems to combat terrorism, border security, and public safety initiatives. The U.S. government is active in spending heavily on artillery modernization programs based on firepower, range, and mobility. Moreover, numerous domestic manufacturers are engaged in R&D of new artilleries technologies, including AI-driven targeting systems and autonomous weapon systems. The ongoing emphasis of the U.S. military on developing its capacity to address new global security threats will further drive the market.

The Asia Pacific artillery systems market will register the highest growth rate of 7.8% between 2025 to 2032, influenced by increasing defense expenditure and the increased need to augment military capabilities. Border conflicts, territorial disputes, and security issues in the region are propelling demand for advanced artillery systems to support the combat capabilities of the military. Additionally, the high rate of urbanization and industrialization in the region turns an important eye towards protecting vital infrastructures and population areas. Countries such as China, India, and South Korea are a few among many other countries spending heavily on cutting-edge artillery technology that integrates smart targeting, automation, and electronic battlefield technology.

The European market is projected to hold a high revenue market share, driven by heightened geopolitical tensions and the requirement to increase military capabilities that have been the drivers of increased spending on artillery systems. Additionally, the innovation of sophisticated artillery technologies, including precision-guided weapons and unmanned aerial vehicles (UAVs), has increased the effectiveness and range of artillery systems. Additionally, the increasing emphasis on border security and counter-terrorism activities in the region has generated a need for sophisticated artillery solutions to prevent possible threats. These are the drivers of the regional market growth.

Latin America is anticipated to lead the artillery systems market growth with increased government initiatives to upgrade armed forces and enhance national security. Rising geopolitics tension, border conflicts, and internal security concerns are persuading regional administrations to invest in advanced gun technology. Brazil, Mexico, and Colombia have moved ahead by investing in defense enhancements by acquiring future-generation equipment and retrofitting current army machinery. Furthermore, cooperation between Latin American governments and global defense producers is fueling innovation and technological advancements in the region. The growing defense sector and increasing strategic alliances are expected to drive market growth.

Global Artillery Systems Market By Geography
  • Largest
  • Fastest

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Artillery Systems Market Dynamics

Drivers

Increasing Spending on Defense

  • To enhance national security, modernize armed forces, and reduce geopolitical tensions, governments across the globe are increasing defense expenditures. To maintain their military superiority, countries like the United States, China, and India are investing heavily in advanced artillery weapons. Higher expenditure stimulates the development and procurement of advanced artillery technologies, including automated fire control systems and precision-guided munitions, which drives market growth across several geographies.

Escalating Border Disputes and Geopolitical Strains

  • Demand for advanced artillery equipment is being stimulated by increased border conflicts and intra-regional conflicts. Greater mobility, enhanced firepower, and extended-range precision strike capability are on the priority lists of countries that face security challenges. For instance, ongoing hostility in the Asia-Pacific region, the Middle East, and Eastern Europe is making countries upgrade their artillery inventories. The military industry is enjoying this trend, which is fueling the procurement of artillery systems.

Restraints

Excessive Development and Maintenance Costs

  • Most nations consider sophisticated artillery weapons expensive because of the enormous costs of production, research, and development. Additional costs are incurred in the use of new technology such as precision-guided weapons and AI-targeting. Apart from extended operation and maintenance costs, including logistics and training can be exorbitant, limiting market growth, particularly in developing nations with constrained military budgets.

Export Controls and Robust Defense Regulations

  • The global artillery systems market is highly regulated globally, with strict export laws and compliance requirements. Governments limit the sale and transfer of weapons of military grade, which discourages producers from increasing their markets abroad. Defense procurements are often praised for lengthy approval times and a convoluted set of procurement activities, which can result in contract delays preventing firms from getting long-term contracts, particularly in politically charged areas.

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Artillery Systems Market Competitive Landscape

Major players in the highly competitive global artillery systems industry focus on innovation, partnerships, and defense contracts. Some are Northrop Grumman, BAE Systems, Leonardo S.p.A., Rheinmetall AG, KNDS France, and Lockheed Martin. They are investing in advanced technologies such as automation, artificial intelligence, and precision-guided munitions; regional players and next-generation defense contractors also impart pressure on the market. Defense budget and government policies directly impact the competition, which induces continuous R&D and technology advancement.

Top Player’s Company Profile

  • BAE Systems (United Kingdom) 
  • Rheinmetall AG (Germany) 
  • MBDA (France) 
  • Northrop Grumman Corporation (United States) 
  • Hanwha Corporation (South Korea) 
  • Nexter Group KNDS (France) 
  • Elbit Systems (Israel) 
  • Norinco (China) 
  • Polska Grupa Zbrojeniowa (PGZ) (Poland) 
  • Denel SOC Ltd (South Africa) 
  • Nammo AS (Norway) 
  • Saab AB (Sweden) 
  • General Dynamics Corporation (United States) 
  • Krauss-Maffei Wegmann GmbH & Co. KG (Germany) 
  • Leonardo S.p.A. (Italy) 
  • Thales Group (France) 
  • Oshkosh Defense (United States) 
  • MKEK (Mechanical and Chemical Industry Corporation) (Turkey) 
  • IMI Systems (Israel) 
  • Rosoboronexport (Russia)

Recent Developments

  • In August 2024, Elbit Systems Ltd. acquired approximately USD 270 million four-year contract to supply rocket artillery to a foreign customer. The acquisition also specifies the company as a leading advanced artillery solutions provider, thus improving operational effectiveness of customers.
  • In July 2024, RTX Corporation won a USD 1.2 billion contract to deliver extra Patriot air and missile defense systems to Germany to enhance the country's current air defense capacity. The deal also covers the most advanced Patriot Configuration 3+ radars, command and control stations, launchers, required spares, and support.
  • In June 2024, Aubert & Duval has signed a distribution agreement with Tri Star Metals for North America, a nickel alloy, stainless steel, aluminum bar and wire long products U.S. distributor. The strategic partnership aligns with the former partnership's goal to penetrate further into the defense sector, most specifically in the small calibers range.

Artillery Systems Key Market Trends

Artillery Systems Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, with rising defense expenditures, geopolitics conflicts, and the need for sophisticated military systems, the global artillery systems market outlook is predicted to change slowly. Upgrading artillery, with technology as automation, the integration of artificial intelligence, and intelligent projectiles. Increased spending on light-weight technology offers promising scope even though impediments like prohibitively expensive and tough restrictions prevail. North America monopolizes the market, with Asia Pacific predicted to progress with the greatest proportion. Top operators are focusing on innovation, alongside strategic collaborations to continue playing if Asia Pacific develops its market aggressively as expected. The market will continue to be spurred by demand for next-generation artillery systems as threats to global security increase and evolve.

Report Metric Details
Market size value in 2023 USD 11.24 billion
Market size value in 2032 USD 20.32 billion
Growth Rate 6.8%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Howitzers (Medium Caliber
    • Large Caliber)
    • Mortars (Small Caliber
    • Medium Caliber)
    • Rocket Launchers (Man-Portable Air-Defense Systems (MANPADS)
    • Multiple launch rocket systems (MLRS))
    • Anti-air weapons (Air defense gun
    • Counter rocket
    • artillery and mortar (C-RAM))
    • Artillery (Naval Artillery
    • Coastal Artillery)
  • Subsystem
    • Turrets
    • Engines
    • Fire Control Systems
    • Ammunition Handeling Systems
    • Chassis
    • Auxiliary Systems
  • Range
    • Short-range
    • Medium-range
    • Long-range
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • BAE Systems (United Kingdom) 
  • Rheinmetall AG (Germany) 
  • MBDA (France) 
  • Northrop Grumman Corporation (United States) 
  • Hanwha Corporation (South Korea) 
  • Nexter Group KNDS (France) 
  • Elbit Systems (Israel) 
  • Norinco (China) 
  • Polska Grupa Zbrojeniowa (PGZ) (Poland) 
  • Denel SOC Ltd (South Africa) 
  • Nammo AS (Norway) 
  • Saab AB (Sweden) 
  • General Dynamics Corporation (United States) 
  • Krauss-Maffei Wegmann GmbH & Co. KG (Germany) 
  • Leonardo S.p.A. (Italy) 
  • Thales Group (France) 
  • Oshkosh Defense (United States) 
  • MKEK (Mechanical and Chemical Industry Corporation) (Turkey) 
  • IMI Systems (Israel) 
  • Rosoboronexport (Russia)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Artillery Systems Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Artillery Systems Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Artillery Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Artillery Systems Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

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FAQs

Global Artillery Systems Market size was valued at USD 10.24 Billion in 2023 and is poised to grow from USD 10.94 Billion in 2024 to USD 18.51 Billion by 2032, growing at a CAGR of 6.8% in the forecast period (2025-2032).

Major players in the highly competitive global artillery systems industry focus on innovation, partnerships, and defense contracts. Some are Northrop Grumman, BAE Systems, Leonardo S.p.A., Rheinmetall AG, KNDS France, and Lockheed Martin. They are investing in advanced technologies such as automation, artificial intelligence, and precision-guided munitions; regional players and next-generation defense contractors also impart pressure on the market. Defense budget and government policies directly impact the competition, which induces continuous R&D and technology advancement. 'Northrop Grumman Corporation (U.S.)', 'BAE Systems plc (U.K.)', 'Leonardo S.p.A. (Italy)', 'Rheinmetall AG (Germany)', 'KNDS (Krauss-Maffei Wegmann & Nexter Systems) (France/Germany)', 'Lockheed Martin Corporation (U.S.)', 'General Dynamics Corporation (U.S.)', 'Elbit Systems Ltd. (Israel)', 'Hanwha Aerospace (South Korea)', 'Thales Group (France)', 'Bharat Forge Ltd. (India)', 'Tata Advanced Systems (India)', 'Norinco Group (China North Industries Corporation) (China)', 'Saab AB (Sweden)', 'ST Engineering (Singapore)'

To enhance national security, modernize armed forces, and reduce geopolitical tensions, governments across the globe are increasing defense expenditures. To maintain their military superiority, countries like the United States, China, and India are investing heavily in advanced artillery weapons. Higher expenditure stimulates the development and procurement of advanced artillery technologies, including automated fire control systems and precision-guided munitions, which drives market growth across several geographies.

Merging Automation and AI in Artillery Systems: Modern artillery platforms are being changed through automation and artificial intelligence (AI) to become more accurate, quicker, and effective at fighting wars. AI-based targeting systems, automated fire control, and autonomous artillery systems are driving operational effectiveness with lesser human involvement. This was further researched in the context of network-centric warfare, where real-time processing and AI-enabled decisions come into effect in modern military operations.

The North American artillery systems industry was the largest contributor, contributing approximately 40% in the total revenue share, in 2024 because of rising defense budgets, military modernization, and heightened geopolitical tensions. The U.S. Department of Defense is heavily investing in the modernization of its artillery systems, with a focus on long-range precision-strike capabilities and greater mobility of the ground forces. In addition, the application of sophisticated technologies, such as automation, precision-guided missiles, and next-generation fire control systems, is fueling market expansion. Rising national security, homeland defense, and international threat issues are also motivating further investments. The presence of principal defense contractors in the region is also propelling market growth.

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