Artillery System Market Size, Share, and Industry Analysis By Type (Howitzers, Mortars, Rocket Launchers, Anti-Air Weapons, and Artillery), By Subsystem (Turrets, Engines, Fire Control Systems, Ammunition Handling Systems, Chassis, Auxiliary Systems, and Others), By Range (Short, Medium, and Long), and Regional Forecast, 2026-2034

The global artillery system market size was valued at USD 11.85 billion in 2025. The market is projected to grow from USD 12.67 billion in 2026 to USD 21.58 billion by 2034, exhibiting a CAGR of 6.89% during the forecast period.

The global artillery system market drives the current defense budget growth along with mounting geopolitical tensions across the world. Modern warfare strategies depend upon these systems which include the howitzer as well as mortar and rocket artillery. Using modern automated targeting techniques combined with precision-guided munitions makes artillery systems perform better.

The market expansion comes from nations making military assets elevation a priority to enhance range and firepower.

• According to the U.S. Army, the U.S. Army expects to use 42 Extended Range Cannon Artillery (ERCA) systems across their operations by 2025 for extending their precise strike reach.

Artillery System Market Driver

Increasing Defence Budgets

Advanced artillery systems receive increased investment from military forces due to of mounting geopolitical tensions along with programs for modernization. The main breakthroughs in artillery systems involve precision-guided munitions together with automated targeting capabilities and better vehicle maneuverability. The technology innovations seek to enhance artillery performance and operational effectiveness during contemporary military battles.

• According to the U.S. Army, in 2022 the U.S. Department of Defense dedicated USD 1.2 billion toward acquiring artillery systems for military enhancements and modernization purposes.

Artillery System Market Restraint

High Development Costs May Create Challenges for Industry Growth

Building self-propelled artillery requires extensive periods along with funds to develop complex engineering elements and advanced materials and sophisticated targeting platforms. Research and prototyping along with testing requirements often place heavy strain on emerging nation defense budgets through their elevated costs. Advanced mobility features coupled with automation makes the process of system implementation more challenging. Countries which lack developed defense infrastructure will find it difficult to enter artillery system markets due to these factors. 

Artillery System Market Opportunity

Emerging Markets to Offer New Growth Opportunities

The expansion of defense funding by emerging markets enables artillery system manufacturers to find new market opportunities for modern military equipment. The fundamental defense spending of countries across Asia-Pacific regions alongside the Middle East and Latin American parts is being directed toward purchasing modern armored artillery systems for military power advancement. The increasing defense sector demand encourages established defense contractors to enter partnerships and joint ventures as well as technology transfers. The rising market demand allows manufacturers to build their international customer base by adding these expanding markets to their reach.

Segmentation

Key Insights

The report covers the following key insights:

• Key Industry Developments
• Overview: Expanding defense budgets in regions such as Asia-Pacific and the Middle East are boosting market growth, affecting overall market dynamics
• Latest Industry Trends 

Analysis By Type

Based on type analysis, the artillery system market is subdivided into howitzers, mortars, rocket launchers, anti-air weapons, and artillery.

The versatile howitzer serves as a long-range artillery gun which performs well in direct and indirect fire missions. These weapons maintain outstanding accuracy which makes them suitable for conducting explosive shell firings during battlefield bombardments. Howitzers from today feature electronic firing systems along with better movement capabilities. M777 along with PzH 2000 constitute two examples of modern howitzers. The segment may expand significantly.

Mortars represent portable artillery firearms which deliver high-angle short-distance fire capabilities. These combat weapons deliver ideal support to infantry forces operating in urban terrains and mountain areas. Army forces can quickly install mortars which deliver powerful fire support in emergency situations. Two standard howitzer models consist of the M224 and the M252 systems.

Analysis By Subsystem

Based on subsystem analysis, the artillery system market is subdivided into turrets, engines, fire control systems, ammunition handling systems, chassis, auxiliary systems, others.

Artillery guns are placed inside the rotating turret system which offers precise aiming functions during artillery fire. Turret systems in the present day integrate automatic control systems that boost precision accuracy and accelerate the reaction speed. This equipment offers safeguarding measures for personnel and essential systems and hardware. The turret system represents the core element which operates inside self-propelled artillery systems. The segment is likely to grow at a significant rate.

The self-propelled artillery systems need engines to move across different geographical features. The systems are built to supply strong torque output and extended durability due to they need to power heavy artillery deployments. Engine efficiency provides prompt movement as well as quick movements between positions. The tracked artillery systems utilize diesel engines as their power source.

Analysis By Range

Based on range analysis, the artillery system market is subdivided into short, medium, long.

Due to their intended use in close support situations short-range artillery systems have operational ranges that stay below 20 km. The systems are specifically built for performance within urban combat zones and defensive operations and infantry field assistance. Lightweight howitzers and mortars represent typical weapons that belong to the short-range artillery division. These weapons enable fast battlefield movement due to they are portable in battle while also improving operational flexibility. The segment is estimated to grow considerably.

Medium-range artillery systems operate between ranges of 20 km to 50 km while maintaining suitable combinations of speed and firepower results. These weapons systems serve their purpose in three military roles: tactical attacks against enemy positions and defensive purposes as well as direct fire against fortified enemy targets. His article details the inclusion of M777 guns and self-propelled guns as representative weapons from this field. These system types allow tactical flexibility during different combat tactical situations.

Artillery systems with long-range capability surpass 50 km due to they serve the military purpose of both strategic bombardment and exact targeting. Targeting systems that utilize precise guidance mechanisms and high-end technology are a feature of such platforms. The Extended Range Cannon Artillery (ERCA) together with Multiple Launch Rocket Systems (MLRS) represent two systems in this class. These systems uphold a fundamental position during massive offensive military actions.

Regional Analysis

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Based on region, the market has been studied across North America, Europe, Asia Pacific, South America, Middle East and Africa.

The artillery system market receives its main propulsion from North America where the U.S. maintains leadership due to continuous government defense funding and weapon system innovations. Regional growth is stimulated by the U.S. Army dedicating resources to advanced platforms including the ERCA and HIMARS systems. Market growth receives additional support due to of strong defense contractors together with extensive research and development initiatives. Through defense alliances Canada makes significant contributions to the defense sector as well as participating in weapons procurement programs.

European countries dedicate substantial funding to artillery upgrade modernization programs to fortify NATO forces and meet local security threats. European nations including Germany as well as France along with the U.K. concentrate on upgrading their artillery weapons by adopting precision-guided munitions and automated targeting systems. Defense improvements have been speeded up due to ongoing military conflicts located in Eastern Europe. The implementation of defense programs through collaboration accelerates the growing market.

The Asia Pacific region shows rapid artillery purchasing growth due to of escalating political rivalries together with border conflicts. These nations together with China and South Korea allot extensive funds to develop self-propelled artillery platforms and extend their weapon ranges. The rising defense budgets along with modernization programs stimulate sector demand substantially. Local defense production initiatives expand the operational capabilities across different regions.

The artillery market in South America maintains steady growth since Brazil and Colombia dedicate military modernization funds for procurement. Artillery system acquisitions occur due to growing efforts to combat organized crime while implementing border security measures. Market growth receives support through cooperation between local defense companies and global defense manufacturers even though funding limitations restrict major investments.

Saudi Arabia together with the UAE serve as primary drivers in the Middle Eastern market due to they maintain continuous investments into state-of-the-art artillery systems. The defense capabilities of African nations have started enhancing through investments which primarily focus on counter-terrorism alongside border security requirements. Mobile and cost-efficient artillery systems are gaining higher demand across this geographical sector.

Key Players Covered

The report includes the profiles of the following key players:

• Lockheed Martin Corporation (U.S.)
• BAE Systems (U.K.)
• Hanwha Group (South Korea)
• Rheinmetall AG (Germany)
• Nexter Group (France)
• Norinco Internation Cooperation Ltd. (China)
• Rostec (Russia)
• General Dynamics Corporation (U.S.)
• Avibras (Brazil)
• Elbit Systems (Israel)

Key Industry Developments

• December 2024– The Czechoslovak Group (CSG) invested USD 2.2 billion to purchase U.S. ammunition manufacturer Kinetic which allowed it to extend its ammunition division strategy as well as grow military operations.
• October 2024– Rheinmetall from Germany partnered with Leonardo from Italy for a 50:50 joint venture to create military combat vehicles including artillery systems which strengthened European tank manufacturing potential.