Artillery System Market Size 40 USD Billion by 2035 with CAGR By 2.6% of 2025 – 2035.

The Artillery System Market was estimated to be worth 30.1 billion USD. By 2035, the market for artillery systems is projected to have grown from 30.9 USD billion in 2025 to 40 USD billion. Over the course of the forecast period (2025–2035), the artillery system market is anticipated to develop at a CAGR of about 2.6%. 

Key Segmentation and Trends 

Types of Artillery Systems 

Artillery types in play include: 

• Towed Artillery 
• Self-Propelled Artillery 
• Multiple Rocket Launchers (MRL) 
• Mortars 

Each type has its own niche based on mission, mobility, cost, and strategic value. Self-propelled systems, for example, offer mobility advantages in agile warfare, while towed systems often represent cost-efficient firepower.  

Range & Capabilities: The report classifies ranges broadly from less than 10 km up through segments like 10-20 km, 20-30 km, 30-40 km, and over 40 km. There is increasing demand for long-range artillery (those in higher-kilometer brackets) as military doctrines place more emphasis on standoff capability and precision strike.  

Guidance Systems & Technology: A shift toward integrating guided systems — e.g., laser-guided or GPS-guided artillery — over traditional unguided types. Emerging tech trends include networking, better fire control systems, automation, and even integration with unmanned systems for reconnaissance and targeting support. These innovations are helping increase accuracy, reduce collateral damage, and improve response times.  

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Regional Dynamics 

Demand is strong across North America and Europe, driven by both modernization of aging systems and concern over evolving strategic landscapes.  

Asia-Pacific is one of the fastest-growing regions, with rising defense budgets, territorial disputes, and a push for domestic capability development fueling demand.  

What’s Driving Growth (and What’s Holding It Back) 

Drivers: 

• Geopolitical tensions & security threats — Border disputes, regional conflicts, and heightened defense posturing.  
• Modernization programs — Upgrading existing artillery systems, procuring newer, more precise systems.  
• Technological innovation — Precision munitions, guidance systems, faster fire control.  

Challenges: 

• Cost constraints: Advanced systems and munitions are expensive, and not all nations can allocate sufficient funds. 
• Regulatory & logistical issues: Export controls, maintenance infrastructure, training. 
• Risk of obsolescence: Rapid change in tech could make current investments outdated faster than expected. 

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Key Companies in the Global Artillery System Market include: Raytheon Technologies, Lockheed Martin, General Dynamics, Thales Group, Mitsubishi Heavy Industries, Elbit Systems, HIMARS, Northrop Grumman, BAE Systems Hägglunds, Nammo, Hanwha Defense, Kongsberg Gruppen, Rheinmetall, Saab,BAE Systems 

What’s Ahead 

• As precision guided and long-range artillery systems become more prevalent, we can expect nations to invest both in the systems themselves and in associated tech (targeting, communications, surveillance). 
• Increased domestic production is likely in many countries to reduce reliance on imports — potentially reshaping supply chains. 
• Emerging trends such as autonomous fire control, AI-assisted targeting, and integration with real-time intelligence systems are poised to alter not just how artillery fires, but how it’s deployed in coordinated operations. 

Table of Contents 

SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS 

SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE 

SECTION III: QUALITATIVE ANALYSIS 

SECTION IV: QUANTITATIVE ANALYSIS 

SECTION V: COMPETITIVE ANALYSIS ........ 

Explore our Global Report in Regional Languages 

砲兵システム市場 Markt für Artilleriesysteme Marché des systèmes d'artillerie 포병 시스템 시장 火炮系统市场 Mercado de sistemas de artillería 

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