The Artillery Systems Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Artillery Systems Market?
The Artillery Systems Global Market Report 2025 has shown robust growth in recent years. The market size increased from $11.01 billion in 2024 to $11.88 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Artillery Systems Industry?
The Artillery Systems Global Market is projected to reach $15.23 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.4%.
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What are the Key Growth Drivers Fueling the Artillery Systems Market?
The key drivers in the artillery systems market are:
• Increase in global defense spending
• Rising threats of armed conflict and demand for counter-drone artillery solutions
• Focus on military modernization
• Integration of artificial intelligence and anti-jamming features in artillery systems
Global Market Segmentation: Identifying Major Artillery Systems Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Artillery Systems Market?
The key trends in the artillery systems market are:
• The integration of artificial intelligence in artillery systems is an emerging trend.
• The shift towards network-centric warfare is a significant upcoming change.
• The addition of electronic warfare capabilities in artillery systems is an evolving trend.
• The increasing strategic partnerships and the integration of anti-jamming features in artillery systems are upcoming trends.
Who Are the Top Competitors & Leading Players in the Artillery Systems Market?
Major companies 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.
Regional Dominance: Which Area Leads the Global Artillery Systems Market?
North America was the largest region in the artillery systems market in 2024
