Artillery Systems Market Research Report - Global Forecast to 2027

Global Artillery Systems Market Report: Information by Type (Mortar, Howitzer, & Rocket Artillery), Component (Gun Turret, Fire Control System, Ammunition Handling System, & Auxiliary System), Range (Short, Medium, & Long), & Region—Forecast till 2027

ID: MRFR/A&D/5323-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


The global artillery systems market is expected to grow at a significant rate during the forecast period due to the increase in defense spending in emerging economies. Self-propelled artillery vehicles with highly mobile weapons of great flexibility are largely adopted throughout the world.


Defense authorities across the world are focused on purchasing advanced artillery systems, especially in countries that are currently involved in conflicts and in emerging economies involved in territorial disputes. Due to the increasing number of conflicts, there is a greater need to maintain a sufficient inventory of munitions, which is driving market growth. Moreover, the militaries in several countries are being modernized with existing technology and weapons systems being replaced.


Additionally, the increasing number of terrorist attacks, across the globe, governments have increased their defense budgets, which offers market players lucrative opportunities for growth. However, limitations in terms of storage space for large artillery systems are expected to restrain the growth of the market.


The global artillery systems market has been segmented by type, component, range, and region. On the basis of type, the global artillery systems market has been divided into mortars, howitzers, rocket artillery, and others. The mortars segment is expected to lead the market during the forecast period. Mortars are small and lightweight, making them mobile. The howitzers segment is expected to grow at the highest rate during the forecast period. The growth of this segment can be attributed to the increasing adoption of self-propelled howitzers and towed howitzers by militaries globally.


Based on range, the market has been classified as short, medium, and long. The medium range segment held the largest share of the global artillery systems market in 2017 due to the widespread adoption of medium-range artillery by military forces. However, the long range segment is expected to register the highest CAGR during the forecast period. This growth can be attributed to the increasing number of border disputes around the world.


Based on component, the market has been segmented into gun turret, fire control system, ammunition handling system, auxiliary system, and others. The fire control system segment is expected to lead the market while the ammunition handling system segment is projected to register the highest CAGR during the review period. The growth of these segments can be attributed to the increasing demand for accurate target detection and firing systems.


The global artillery systems market has been segmented, by region, into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America accounted for the largest market share in 2017 due to significant investments in artillery systems in the US and Canada. The US is also a major manufacturer of artillery systems and is home to most of the key manufacturers. Europe is projected to be the second-largest market due to the rise in terror attacks and disputes in the region. The high demand for artillery systems in the UK, France, Russia, and Germany is expected to contribute greatly to market growth.


Asia-Pacific is expected to emerge as the fastest-growing regional market during the forecast period. This is due to the increase in cross-border disputes in India, China, and South Korea. Moreover, the increasing government expenses for obtaining arms and equipment are expected to drive market growth in the region.


The global artillery systems market is projected to register a CAGR of 6.8% during the review period.


Artillery Systems Market


 


Key Players


The key players in the global artillery systems market are Avibras (Brazil), BAE Systems (UK), China North Industries Corporation (Norinco) (China), Denel SOC Ltd (South Africa), Elbit Systems (Israel), General Dynamics (US), Hanwha Group (South Korea), IMI Systems (Israel), Kmw+Nexter Defense Systems (Netherlands), and Lockheed Martin (US).


Intended Audience



  • Defense authorities

  • Armed forces

  • Ammunition and missile systems manufacturers

  • Governments

  • Research organizations

  • Original equipment manufacturers


The report on the global artillery systems market by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of the qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report offers a clear picture of the current market scenario, which includes the historical and forecast market size, in terms of value and volume, and the technological, macroeconomic, and governing factors of the market. The report also provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.



Frequently Asked Questions (FAQ) :


The market growth rate during the review period can be close to 6.8%.

The major growth inducers in the global market are the increasing number of conflicts that raise the requirement for maintaining sufficient inventory of munitions.

The significant business opportunities in the market are the mounting number of terrorist attacks worldwide that have prompted the governments to boost their defense budgets.

The primary types discussed in the report are rocket artillery, howitzers, mortars, and more.

The fire control system segment can be in the lead during the forecast period.

TABLE OF CONTENTS

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. List of Assumptions

2.2.4. Limitations

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

5. Macro Factor Analysis

5.1. Porter’s Five Forces Analysis

5.1.1. Threat of New Entrants

5.1.2. Bargaining Power of Buyers

5.1.3. Threat of Substitutes

5.1.4. Segment Rivalry

5.1.5. Bargaining Power of Supplies

5.2. Value Chain/Supply Chain Analysis

5.3. Patent Trends

5.4. Regulatory Landscape

6. Global Artillery Systems Market, by Type

6.1. Introduction

6.2. Mortars

6.2.1. Market Estimates & Forecast, 2020–2027

6.2.2. Market Estimates & Forecast, by Region, 2020–2027

6.3. Howitzers

6.3.1. Market Estimates & Forecast, 2020–2027

6.3.2. Market Estimates & Forecast, by Region, 2020–2027

6.4. Rocket Artillery

6.4.1. Market Estimates & Forecast, 2020–2027

6.4.2. Market Estimates & Forecast, by Region, 2020–2027

6.5. Others

6.5.1. Market Estimates & Forecast, 2020–2027

6.5.2. Market Estimates & Forecast, by Region, 2020–2027

7. Global Artillery Systems Market, by Component

7.1. Introduction

7.2. Gun Turret

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Market Estimates & Forecast, by Region, 2020–2027

7.3. Fire Control System

7.3.1. Market Estimates & Forecast, 2020–2027

7.3.2. Market Estimates & Forecast, by Region, 2020–2027

7.4. Ammunition Handling System

7.4.1. Market Estimates & Forecast, 2020–2027

7.4.2. Market Estimates & Forecast, by Region, 2020–2027

7.5. Auxiliary System

7.5.1. Market Estimates & Forecast, 2020–2027

7.5.2. Market Estimates & Forecast, by Region, 2020–2027

7.6. Others

7.6.1. Market Estimates & Forecast, 2020–2027

7.6.2. Market Estimates & Forecast, by Region, 2020–2027

8. Global Artillery Systems Market, by Range

8.1. Introduction

8.2. Short Range

8.2.1. Market Estimates & Forecast, 2020–2027

8.2.2. Market Estimates & Forecast, by Region, 2020–2027

8.3. Medium Range

8.3.1. Market Estimates & Forecast, 2020–2027

8.3.2. Market Estimates & Forecast, by Region, 2020–2027

8.4. Long Range

8.4.1. Market Estimates & Forecast, 2020–2027

8.4.2. Market Estimates & Forecast, by Region, 2020–2027

9. Global Artillery Systems Market, by Region

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, by Country, 2020–2027

9.2.2. Market Estimates & Forecast, by Type, 2020–2027

9.2.3. Market Estimates & Forecast, by Component, 2020–2027

9.2.4. Market Estimates & Forecast, by Range, 2020–2027

9.2.5. US

9.2.5.1. Market Estimates & Forecast, by Type, 2020–2027

9.2.5.2. Market Estimates & Forecast, by Component, 2020–2027

9.2.5.3. Market Estimates & Forecast, by Range, 2020–2027

9.2.6. Canada

9.2.6.1. Market Estimates & Forecast, by Type, 2020–2027

9.2.6.2. Market Estimates & Forecast, by Component, 2020–2027

9.2.6.3. Market Estimates & Forecast, by Range, 2020–2027

9.3. Europe

9.3.1. Market Estimates & Forecast, by Country, 2020–2027

9.3.2. Market Estimates & Forecast, by Type, 2020–2027

9.3.3. Market Estimates & Forecast, by Component, 2020–2027

9.3.4. Market Estimates & Forecast, by Range, 2020–2027

9.3.5. UK

9.3.5.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.5.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.5.3. Market Estimates & Forecast, by Range, 2020–2027

9.3.6. Germany

9.3.6.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.6.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.6.3. Market Estimates & Forecast, by Range, 2020–2027

9.3.7. France

9.3.7.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.7.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.7.3. Market Estimates & Forecast, by Range, 2020–2027

9.3.8. Russia

9.3.8.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.8.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.8.3. Market Estimates & Forecast, by Range, 2020–2027

9.3.9. Rest of Europe

9.3.9.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.9.2. Market Estimates & Forecast, by Component, 2020–2027

9.3.9.3. Market Estimates & Forecast, by Range, 2020–2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, by Country, 2020–2027

9.4.2. Market Estimates & Forecast, by Type, 2020–2027

9.4.3. Market Estimates & Forecast, by Component, 2020–2027

9.4.4. Market Estimates & Forecast, by Range, 2020–2027

9.4.5. China

9.4.5.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.5.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.5.3. Market Estimates & Forecast, by Range, 2020–2027

9.4.6. Japan

9.4.6.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.6.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.6.3. Market Estimates & Forecast, by Range, 2020–2027

9.4.7. India

9.4.7.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.7.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.7.3. Market Estimates & Forecast, by Range, 2020–2027

9.4.8. Rest of Asia-Pacific

9.4.8.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.8.2. Market Estimates & Forecast, by Component, 2020–2027

9.4.8.3. Market Estimates & Forecast, by Range, 2020–2027

9.5. Middle East & Africa

9.5.1. Market Estimates & Forecast, by Country, 2020–2027

9.5.2. Market Estimates & Forecast, by Type, 2020–2027

9.5.3. Market Estimates & Forecast, by Component, 2020–2027

9.5.4. Market Estimates & Forecast, by Range, 2020–2027

9.6. Latin America

9.6.1. Market Estimates & Forecast, by Country, 2020–2027

9.6.2. Market Estimates & Forecast, by Type, 2020–2027

9.6.3. Market Estimates & Forecast, by Component, 2020–2027

9.6.4. Market Estimates & Forecast, by Range, 2020–2027

10. Competitive Landscape

10.1. Competitive Scenario

10.2. Competitive Benchmarking

10.3. Market Share Analysis

10.4. Mergers & Acquisitions

11. Company Profiles

11.1. Avibras

11.1.1. Company Overview

11.1.2. Product Offering

11.1.3. Financial Overview

11.1.4. Key Developments

11.1.5. Swot Analysis

11.1.6. Strategy

11.2. BAE Systems

11.2.1. Company Overview

11.2.2. Product Offering

11.2.3. Financial Overview

11.2.4. Key Developments

11.2.5. Swot Analysis

11.2.6. Strategy

11.3. Norinco Group

11.3.1. Company Overview

11.3.2. Product Offering

11.3.3. Financial Overview

11.3.4. Key Developments

11.3.5. Swot Analysis

11.3.6. Strategy

11.4. Denel SOC Ltd

11.4.1. Company Overview

11.4.2. Product Offering

11.4.3. Financial Overview

11.4.4. Key Developments

11.4.5. Swot Analysis

11.4.6. Strategy

11.5. Elbit Systems

11.5.1. Company Overview

11.5.2. Product Offering

11.5.3. Financial Overview

11.5.4. Key Developments

11.5.5. Swot Analysis

11.5.6. Strategy

11.6. General Dynamics

11.6.1. Company Overview

11.6.2. Product Offering

11.6.3. Financial Overview

11.6.4. Key Developments

11.6.5. Swot Analysis

11.6.6. Strategy

11.7. Hanwha Group

11.7.1. Company Overview

11.7.2. Product Offering

11.7.3. Financial Overview

11.7.4. Key Developments

11.7.5. Swot Analysis

11.7.6. Strategy

11.8. IMI Systems

11.8.1. Company Overview

11.8.2. Product Offering

11.8.3. Financial Overview

11.8.4. Key Developments

11.8.5. Swot Analysis

11.8.6. Strategy

11.9. Kmw+Nexter Defense Systems (KNDS)

11.9.1. Company Overview

11.9.2. Product Offering

11.9.3. Financial Overview

11.9.4. Key Developments

11.9.5. Swot Analysis

11.9.6. Strategy

11.10. Lockheed Martin

11.10.1. Company Overview

11.10.2. Product Offering

11.10.3. Financial Overview

11.10.4. Key Developments

11.10.5. Swot Analysis

11.10.6. Strategy


LIST OF TABLES

Table 1 Global Artillery Systems Market, by Region, 2020–2027

Table 2 Global Artillery Systems Market, by Type, 2020–2027

Table 3 Global Artillery Systems Market, by Component, 2020–2027

Table 4 Global Artillery Systems Market, by Range, 2020–2027

Table 5 North America: Artillery Systems Market, by Country, 2020–2027

Table 6 North America: Artillery Systems Market, by Type, 2020–2027

Table 7 North America: Artillery Systems Market, by Component, 2020–2027

Table 8 North America: Artillery Systems Market, by Range, 2020–2027

Table 9 Europe: Artillery Systems Market, by Country, 2020–2027

Table 10 Europe: Artillery Systems Market, by Type, 2020–2027

Table 11 Europe: Artillery Systems Market, by Component, 2020–2027

Table 12 Europe: Artillery Systems Market, by Range, 2020–2027

Table 13 Asia-Pacific: Artillery Systems Market, by Country, 2020–2027

Table 14 Asia-Pacific: Artillery Systems Market, by Type, 2020–2027

Table 15 Asia-Pacific: Artillery Systems Market, by Component, 2020–2027

Table 16 Asia-Pacific: Artillery Systems Market, by Range, 2020–2027

Table 17 Middle East & Africa: Artillery Systems Market, by Region, 2020–2027

Table 18 Middle East & Africa: Artillery Systems Market, by Type, 2020–2027

Table 19 Middle East & Africa: Artillery Systems Market, by Component, 2020–2027

Table 20 Middle East & Africa: Artillery Systems Market, by Range, 2020–2027

Table 21 Latin America: Artillery Systems Market, by Region, 2020–2027

Table 22 Latin America: Artillery Systems Market, by Type, 2020–2027

Table 23 Latin America: Artillery Systems Market, by Component, 2020–2027

Table 24 Latin America: Artillery Systems Market, by Range, 2020–2027 

LIST OF FIGURES

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-Down & Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Artillery Systems Market Share, by Type, 2020 (%)

FIGURE 9 Global Artillery Systems Type Market, 2020–2027 (USD Million)

FIGURE 10 Global Artillery Systems Market Share, by Component, 2020 (%)

FIGURE 11 Global Artillery Systems Component Market, 2020–2027 (USD Million)

FIGURE 12 Global Artillery Systems Market Share, by Range, 2020 (%)

FIGURE 13 Global Artillery Systems Range Market, 2020–2027 (USD Million)

FIGURE 14 Global Artillery Systems Market Share (%), by Region, 2020

FIGURE 15 Global Artillery Systems Market, by Region, 2020–2027 (USD Million)

FIGURE 16 North America: Artillery Systems Market Share (%), 2020

FIGURE 17 North America: Artillery Systems Market by Country, 2020–2027 (USD Million)

FIGURE 18 Europe: Artillery Systems Market Share (%), 2020

FIGURE 19 Europe: Artillery Systems Market by Country, 2020–2027 (USD Million)

FIGURE 20 Asia-Pacific: Artillery Systems Market Share (%), 2020

FIGURE 21 Asia-Pacific: Artillery Systems Market by Country, 2020–2027 (USD Million)

FIGURE 22 Middle East & Africa: Artillery Systems Market Share (%), 2020

FIGURE 23 Middle East & Africa: Artillery Systems Market by Country, 2020–2027 (USD Million)

FIGURE 24 Latin America: Artillery Systems Market Share (%), 2020

FIGURE 25 Latin America: Artillery Systems Market by Country, 2020–2027 (USD Million)