The Artillery Systems Market was valued at USD 3.91 Billion in 2022 and is expected to register a CAGR of over 4% during the forecast period 2022-2030.

Artillerys Market Overview

The artillery system is a long-range weapon. Cannons fired ammunition far beyond the range of infantry and tanks. The gun aims and fires the shell independent of the direct line of sight between the target and the gun. Therefore, artillery uses various systems to track and locate targets beyond the line of sight. Various artillery systems include target acquisition systems, communication systems, and command and control systems. Artillery systems are widely used to provide close support fire to suppress and neutralize enemy forces in combat.

Contrive Datum Insights has recently published the Artillerys Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Artillerys market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: NORINCO GROUP, Alliant Techsystems, General Dynamics Corp, Rheinmetall Defence, BAE Systems, Nexter, Mandus Group, and others.

What are the major Applications, Types, and Regions for the Artillerys Market?

Artillery system Market, By Type

• Howitzer

1. Self-propelled
2. Towed

• Mortar

1. Self-propelled
2. Towed

• Anti-air

1. Air Defense Gun
2. Counter Rocket, Artillery and Mortar (C-RAM)

• Rocket

1. Man-portable Air-defense Systems (MANPADS)
2. Multiple Launch Rocket System (MLRS)

• Others

1. Naval Artillery
2. Coastal Artillery

Artillery System Market, By Component

• Gun Turret
• Engine
• Fire Control System
• Ammunition Handling System
• Chassis
• Auxiliary Systems
• Artillery System Market, By Range

Short Range

• Medium Range
• Long Range

Artillery System Market, By Caliber

• Small Caliber
• Howitzer
• Mortar
• Anti-air
• Rocket
• Others

Medium Caliber

• Howitzer
• Mortar
• Rocket

Artillerys Market Regional Insights:

Asia Pacific is expected to register a high CAGR over the forecast period. Escalating tensions among countries in the region has contributed to the rapid modernization of the armed forces. Countries such as China, India, Australia, Japan, and South Korea are investing heavily in the development, construction, and procurement of artillery systems. For example, in April 2020, the People's Liberation Army (PLA) introduced a new advanced vehicle-mounted 155mm howitzer, the PC-181. The Chinese military is also preparing to test a magnetized plasma cannon capable of firing hypervelocity projectiles at Mach 6 (six times the speed of sound). The country is advancing a comprehensive military modernization program that aims to achieve modernization by 2035. Likewise, in November 2018, the Indian Army received its first batch of new artillery weapons. Artillery systems include the M-777 ultralight howitzer, K9 Vajra, and composite artillery tractors. The M-777 ultralight howitzer is part of a $700 million order with BAE Systems for 145 guns. India has also developed a 155mm towed howitzer called the Dhanush. After completing initial tests in 2018, the gun entered mass production in 2019, with the Indian Army ordering 114 of them, with the possibility of adding another 414. These developments are expected to drive the growth of the market in this region.

Geographically, the global Artillerys market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Artillerys Market Report Scope:

Report Attributes	Details
Growth Rate	CAGR of 4% from 2022 to 2030.
Artillery system Market, By Type	Howitzer Self-propelled Towed Mortar Self-propelled Towed Anti-air Air Defense Gun Counter Rocket, Artillery and Mortar (C-RAM) Rocket Man-portable Air-defense Systems (MANPADS) Multiple Launch Rocket System (MLRS) Others Naval Artillery Coastal Artillery
Artillery System Market, By Component	Gun Turret Engine Fire Control System Ammunition Handling System Chassis Auxiliary Systems Artillery System Market, By Range
Artillery System Market, By Caliber	Small Caliber Howitzer Mortar Anti-air Rocket Others Medium Caliber Howitzer Mortar Rocket
By Companies	NORINCO GROUP, Alliant Techsystems, General Dynamics Corp, Rheinmetall Defence, BAE Systems, Nexter, Mandus Group
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

 

Frequently Asked Questions (FAQ) about the Artillerys market:

What is the CAGR of the global Artillerys market?

The Artillerys Market is growing at a CAGR of 4% during the forecast period.

Which region would offer high growth for vendors in the Artillerys market?

Asia Pacific is expected to register a high CAGR over the forecast period.

Which Is the Most potential market segment?

Artillery system Market, By Type

• Howitzer

1. Self-propelled
2. Towed

• Mortar

1. Self-propelled
2. Towed

• Anti-air

1. Air Defense Gun
2. Counter Rocket, Artillery and Mortar (C-RAM)

• Rocket

1. Man-portable Air-defense Systems (MANPADS)
2. Multiple Launch Rocket System (MLRS)

• Others

1. Naval Artillery
2. Coastal Artillery

Which are the top industry players in the Artillerys market?

NORINCO GROUP, Alliant Techsystems, General Dynamics Corp, Rheinmetall Defence, BAE Systems, Nexter, Mandus Group

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