• In April 2023, Lockheed Martin Corporation secured a major contract worth 615 million to deliver HIMARS rocket systems and related equipment to the US Army, reinforcing its role in advancing high-mobility artillery capabilities.

• In May 2023, Rostec introduced upgrades to its Pantsir S1 Air Defense Systems and other artillery units, featuring enhanced guidance and range capabilities developed through real-world combat experience.

In this report, the Artillery Systems Market has been segmented by Type, Component, Caliber, Range, and Geography.

Artillery Systems Market, Segmentation by Type

The Artillery Systems Market has been segmented by Type into Howitzer, Mortar, Anti-Air Artillery, Rocket Artillery, and Others.

Howitzer
Howitzers account for a substantial portion of the artillery systems market due to their long-range capabilities and flexible deployment in both offensive and defensive operations. These systems are widely adopted by modern armed forces and contribute to nearly 35% of the total market share, driven by advancements in self-propelled variants and improved mobility.

Mortar
Mortars are favored for their lightweight, portable design and are extensively used in infantry support roles. They represent approximately 22% of the artillery systems market. Increasing demand for rapid-fire, close-range support in asymmetric warfare settings continues to fuel growth in this segment.

Anti-Air Artillery
Anti-air artillery plays a crucial role in countering aerial threats, especially in low-altitude scenarios. This segment holds about 15% of the market, as it remains relevant for both fixed and mobile platforms despite the rise of missile-based air defense systems.

Rocket Artillery
Rocket artillery systems are known for their saturation fire capabilities and long-range strike potential. This segment contributes to around 20% of the artillery systems market, supported by investments in multi-barrel rocket launchers and guided rocket technologies.

Others
The 'Others' category includes niche systems like recoilless rifles and non-conventional artillery. While contributing a smaller share of nearly 8%, this segment is essential in specialized combat scenarios and continues to evolve with emerging battlefield requirements.

Artillery Systems Market, Segmentation by Component

The Artillery Systems Market has been segmented by Component into Fire Control System, Chassis, Engine, Gun Turret, and Others

Fire Control System
Fire control systems play a vital role in improving accuracy, targeting speed, and operational efficiency of artillery operations. This segment accounts for around 28% of the market, driven by rising demand for digitized targeting and automated fire control solutions across modern defense platforms.

Chassis
The chassis segment represents approximately 24% of the artillery systems market. As the foundational structure, the chassis supports integration of heavy artillery components while ensuring mobility and durability, particularly in self-propelled systems.

Engine
Engines make up nearly 18% of the market, providing essential power for propulsion in mobile artillery platforms. The growing demand for fuel-efficient and high-torque engines is driving continuous technological innovation in this segment.

Gun Turret
Gun turrets contribute about 22% of the overall market and are essential for enabling gun elevation, traverse control, and recoil absorption. Advances in stabilization and remote-controlled operation are enhancing this segment’s role in modern artillery systems.

Others
The ‘Others’ category, accounting for approximately 8%, includes auxiliary components such as hydraulics, communication interfaces, and cooling systems. While smaller in share, these elements are critical for the integrated functioning and reliability of the entire artillery system.

Artillery Systems Market, Segmentation by Caliber

The Artillery Systems Market has been segmented by Caliber into Small, Medium, and Heavy

Small
Small caliber artillery systems are used for short-range, rapid-fire support and are typically mounted on lightweight platforms. They account for nearly 20% of the market due to their efficiency in urban warfare, border patrol, and light infantry support operations where mobility is key.

Medium
Medium caliber systems dominate the market with a share of around 50%, offering a balance between range, rate of fire, and versatility. These are widely adopted for multi-role missions and are ideal for both defensive and offensive operations in a variety of combat environments.

Heavy
Heavy caliber artillery systems are designed for high-impact, long-range missions and are crucial in large-scale warfare scenarios. This segment contributes approximately 30% to the market and is growing steadily with increased investments in modernized, high-precision long-range weaponry.

Artillery Systems Market, Segmentation by Range

The Artillery Systems Market has been segmented by Range into Short, Medium, and Long.

Short
Short-range artillery systems are essential for tactical combat scenarios requiring swift and accurate fire support within limited distances. This segment holds around 18% of the market, primarily driven by demand in urban warfare and close-quarters military operations.

Medium
Medium-range artillery systems dominate the market with an estimated 50% share. These systems offer a balance of mobility, accuracy, and sufficient range, making them versatile assets in both offensive and defensive military strategies across various terrains.

Long
Long-range artillery systems are designed for deep-target engagements and strategic fire missions, enabling forces to strike from secure positions. This segment commands approximately 32% of the market, fueled by rising defense modernization programs and investments in extended-range precision systems.

Artillery Systems Market, Segmentation by Geography

In this report, the Artillery Systems Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Artillery Systems Market Share (%), by Geographical Region

North America
North America holds a significant share of the artillery systems market, accounting for nearly 30%, fueled by consistent defense budgets and strong investment in modernizing military capabilities. The U.S., in particular, is a key contributor due to large-scale procurement and R&D in advanced artillery technologies.

Europe
Europe represents approximately 25% of the market, supported by collaborative defense initiatives and increasing regional tensions. Countries like Germany, France, and the UK are prioritizing upgrades to their artillery fleets as part of NATO commitments and national defense strategies.

Asia Pacific
The Asia Pacific region dominates with nearly 32% of the global market share, driven by rising geopolitical tensions and large-scale defense spending by countries such as China, India, and South Korea. This region is witnessing rapid growth in both domestic production and import of artillery systems.

Middle East and Africa
Middle East and Africa collectively account for around 8% of the market. Growth in this region is primarily driven by military modernization programs and ongoing regional conflicts, particularly in the Gulf states and North Africa.

Latin America
Latin America holds an estimated 5% market share, with moderate growth attributed to defense reforms and procurement programs in countries like Brazil and Colombia. Budgetary constraints, however, continue to limit widespread adoption of advanced artillery systems.

This report provides an in depth analysis of various factors that impact the dynamics of Artillery Systems Market. These factors include; Market Drivers, Restraints and Opportunities.

Drivers, Restraints and Opportunity Analysis

Drivers:

• Modernization of Military Forces
• Threat of Asymmetric Warfare

• Increasing Defense Budgets - Rising defense budgets across developed and emerging nations are a major driver propelling the growth of the global artillery systems market. As geopolitical tensions escalate and nations modernize their military forces, increased spending is being directed toward long-range strike capabilities, advanced firepower, and mobile artillery platforms. Artillery systems remain a cornerstone of ground combat operations, and enhanced funding supports the development and procurement of technologically superior solutions.

  These growing budgets allow defense agencies to invest in automated targeting systems, extended-range munitions, and precision-guided artillery, aimed at improving battlefield effectiveness and operational efficiency. Countries are also prioritizing indigenous production and strategic partnerships to boost self-reliance and reduce dependency on foreign suppliers. The consistent upward trend in defense allocations globally ensures a robust pipeline for artillery system upgrades, production contracts, and innovation-driven advancements.

Restraints:

• Supply chain inefficiencies
• Uncontrolled weapons distribution

• Emerging tech displacement risks - Emerging tech displacement risks pose a significant restraint in the artillery systems market. As defense strategies increasingly prioritize advanced technologies such as hypersonic missiles, drone swarms, and directed-energy weapons, traditional artillery platforms face the risk of being deemed less relevant. These newer systems offer greater range, speed, and precision, prompting defense agencies to reallocate funding toward next-generation combat technologies instead of legacy artillery solutions.

  Moreover, the growing emphasis on network-centric warfare and unmanned systems may shift operational focus away from ground-based firepower toward more agile and tech-driven alternatives. This shift challenges artillery system developers to continuously innovate and integrate smart features to stay competitive. Without adaptation, conventional artillery risks being outpaced by disruptive technologies, limiting long-term investment and modernization efforts in the segment.

Opportunities:

• Integration of Artificial Intelligence (AI)
• Focus on Urban Warfare Solutions
• Modular and Upgradeable Platforms

• Cybersecurity and Electronic Warfare - The growing intersection of cybersecurity and electronic warfare presents a significant opportunity for the artillery systems market. As modern artillery platforms become increasingly digitized and network-connected, there is a rising need to safeguard fire control systems, communication networks, and targeting algorithms from cyber intrusions and electronic interference. This has led to increased demand for cyber-resilient architectures, encrypted command systems, and jamming-resistant technologies within artillery units.

  Integrating electronic warfare capabilities directly into artillery systems also allows for active disruption of enemy communications and radar networks, enhancing battlefield dominance. Defense forces are investing in hybrid systems that combine traditional firepower with digital countermeasures, offering strategic advantages in both kinetic and electronic combat scenarios. As nations modernize their ground forces, artillery systems equipped to counter cyber and electronic threats are becoming a key component of next-generation military infrastructure.

Key players in Artillery Systems Market include:

• BAE Systems plc
• Hanwha Group
• Elbit Systems Ltd.
• Rostec
• Lockheed Martin Corporation
• Avibras Indústria Aeroespacial SA
• Nexter Group
• Denel SOC Ltd
• Leonardo S.p.A
• Singapore Technologies Engineering Ltd
• RUAG Group
• Norinco International Cooperation Ltd.
• THALES
• Rheinmetall AG

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Market Share Analysis
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis