The Howitzer 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 Howitzer Systems Market?
The market size of Howitzer Systems Global Market, which has seen significant growth recently, increased from $27.49 billion in 2024 to $30.38 billion in 2025. This sizeable appreciation represents a compound annual growth rate (CAGR) of 10.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Howitzer Systems Industry?
The Howitzer Systems Global Market is projected to reach a size of $44.91 billion in 2029, with a compound annual growth rate (CAGR) of 10.3%.
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What are the Key Growth Drivers Fueling the Howitzer Systems Market?
The key drivers in the howitzer systems market are:
• Rising demand for autonomous artillery systems
• Increased investment in defense research and development
• Growing adoption of advanced targeting technologies
• Expansion of military budgets in emerging economies
• The shift towards network-centric warfare
Global Market Segmentation: Identifying Major Howitzer Systems Industry Segments
The howitzer systems market covered in this report is segmented –
1) By Type: Self-Propelled Howitzer, Airborne Howitzer, Truck Mounted Howitzer, Towed Howitzer, Other Types
2) By Caliber: 105 MM, 155 MM, 203 MM, Other Calibers
3) By Mobility: Towed, Tracked, Wheeled
4) By Application: Siege Warfare, Counter-Battery Fire, Artillery Support, Strategic Bombardment, Other Applications
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What are the Emerging Trends Shaping the Future of the Howitzer Systems Market?
The key trends in the howitzer systems market are:
• The market is observing advancements in automation and targeting systems for howitzers.
• Increasing integration of drone surveillance with howitzer systems is a rising trend.
• Development of hybrid-powered howitzers represents an emerging trend within the industry.
• Innovations in lightweight composite materials and modular artillery platforms are significantly shaping the future of the howitzer systems market.
Who Are the Top Competitors & Leading Players in the Howitzer Systems Market?
Major players in the howitzer systems market are:
• BAE Systems
• Larsen & Toubro Limited
• Thales Group SA
• Rheinmetall AG
• Elbit Systems Limited
• Hanwha Aerospace Co. Ltd.
• Day & Zimmermann Inc.
• Poongsan Corporation
• Aselsan Elektronik Sanayi ve Ticaret Anonim Sirketi
• General Dynamics Corporation
• Nammo AS
• Singapore Technologies Engineering Ltd
• AM General LLC
• RUAG International Holding AG
• Yugoimport–SDPR Javno Preduzece
• Denel (Pty) Ltd – Land Systems Division
• Nexter Systems SA
• KMW+NEXTER Defense Systems N.V.
• Tata Advanced Systems Limited
• Junghans Microtec GmbH
Regional Dominance: Which Area Leads the Global Howitzer Systems Market?
North America was the largest region in the howitzer systems market in 2024
