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Mortar System Market Size, Share & Russia-Ukraine War Impact Analysis, By Type (Conventional Mortar, Automatic Mortar, and Semi-Automatic Mortar), By Caliber Type (Light Caliber, Medium Caliber, and Heavy Caliber), By Component (Fire Control System, Gun Turret, and Others), By Range (Short, Medium, and Long), Regional Forecast, 2025-2032

Region : Global | Report ID: FBI108177 | Status : Ongoing

 

KEY MARKET INSIGHTS

The Mortar System Market worldwide is experiencing robust growth, with a noteworthy CAGR projected for the forecast period until 2032. A mortar system is a portable artillery weapon used for indirect fire support. It consists of a tube or barrel that launches explosive projectiles called mortar rounds or shells at high angles of trajectory to hit targets that are not in the direct line of sight. Mortar systems are typically operated by a crew and can be disassembled and transported to different locations.

The mortar system functions by placing a mortar round into the tube or barrel and then igniting a propellant charge, which propels the round into the air. The round follows a parabolic trajectory and lands on the target with a high-angle descent. Mortar systems are capable of firing different types of rounds, including high explosive, smoke, illumination, and anti-personnel rounds, providing versatility in combat scenarios.

Key Market Insights

The market is driven by increasing demand for advanced and lightweight mortar systems from military and defense organizations worldwide. The trend towards lightweight and modular mortar systems drives the market, as these systems offer greater mobility and flexibility.

In addition, there is a growing demand for advanced targeting and fire control systems that enhance accuracy and effectiveness. Major global mortar system market players include BAE Systems, Raytheon Technologies, General Dynamics, Elbit Systems Ltd., and L3Harris Technologies. These companies compete based on product quality, innovation, and price.

For instance, September 2022, Elbit Systems Ltd. has revealed that its U.S. subsidiary, Elbit Systems of America LLC, has secured an Indefinite Delivery/Indefinite Quantity (ID/IQ) contract with a maximum value of around USD 49 million. The contract entails the supply of 120mm mortar systems to the U.S. Army, with the execution taking place in Fort Worth, Texas over a span of five years. Under this ID/IQ contract, an initial delivery order worth approximately USD 10 million has been issued, and it is expected to be completed within a two-year timeframe.

However, high costs associated with design complexities and stringent regulations are anticipated to restrain the market growth in the forecast period.

Russia-Ukraine War Impact on Mortar System Market

The ongoing conflict between Russia and Ukraine has significantly impacted the global mortar system market. The conflict has heightened the demand for mortar systems as both Ukraine and Russia have extensively utilized these weapons in their military operations. The increased focus on modernizing defence capabilities and strengthening border security has led to a surge in procurement of mortar systems by various countries.

Furthermore, the conflict has highlighted the importance of mortar systems in asymmetric warfare and urban combat scenarios. As a result, defence budgets and investments in mortar systems have witnessed a notable uptick globally. Manufacturers and suppliers of mortar systems have experienced a rise in orders and contracts, leading to an expansion of production capacities and technological advancements.

The global mortar system market, by type the market is segmented into conventional mortar, automatic mortar, and semi-automatic mortar. By caliber type the market is trifurcated into light caliber, medium caliber, and heavy caliber. By component the market is divided into fire control system, gun turret, and other. By range the market is segregated into short, medium, and long.

Key Insights

The report will include the following key insights:

  • The report analyses a detailed industry overview, including qualitative and quantitative information.
  • The report analyses an overview and forecast of the global mortar system market based on various segments.
  • The report also analyses comprehensive PEST analysis for all five regions, i.e., North America, Europe, Asia Pacific, and Rest of the World, after evaluating economic, social, political, and technological factors affecting the impact of the mortar system market in these regions.

Regional Analysis

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The North American market for mortar systems is primarily driven by the demand from the U.S. military, one of the largest and most advanced military forces. The U.S. military is investing heavily in advanced, lightweight mortar systems, particularly those incorporating new technologies like advanced targeting and fire control systems. The Asia Pacific market is expected to grow significantly which is driven by the driving demand from various regional countries for advanced and lightweight mortar systems. The market is particularly strong in China and India, which have large and well-funded military forces investing heavily in advanced technologies.

Key Players

  • BAE Systems
  • Raytheon Technologies
  • Lockheed Martin
  • Israel Military Industries (IMI)
  • General Dynamics
  • Nexter Systems
  • Hirtenberger Defense Systems
  • Rheinmetall Defence
  • Leonardo S.p.A
  • ST Engineering
  • Hanwha Defense
  • Norinco Group
  • Zavod Splav
  • Singapore Technologies Kinetics
  • Elbit Systems Ltd
  • Others

Segmentation

By Type

By Caliber Type

By Component

By Range

By Region

  • Conventional Mortar
  • Automatic Mortar
  • Semi-Automatic Mortar
  • Light Caliber
  • Medium Caliber
  • Heavy Caliber
  • Fire Control System
  • Gun Turret
  • Others
  • Short
  • Medium
  • Long
  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Russia, and Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, and Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa and Latin America)

Recent Developments

  • In April 2023, the New Turkish 81mm mortar system was ready for production after seven years in development. The 81mm mortar tube is 1.453m long and fitted with a hand-operated vertical sliding breech mechanism, with a screw breech being one potential option.
  • In March 2023, Elbit Systems Awarded a USD 120 Million Follow-on Contract to Supply Unmanned Turrets, Weapon Stations, and Mortar Systems to the Romanian Armed Forces. In addition to Romania, Elbit Systems' turrets, RCWS, and mortar systems have been selected by dozens of customers worldwide, including Israel, the U.S.A, Denmark, Austria, Belgium, Brazil, and Croatia.


  • Ongoing
  • 2024
  • 2019-2023
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