Artillery Market Size, Share & Trends Analysis Report By Type (Howitzers, Mortars, Rocket Launchers, Anti-air weapons, Artillery), By Subsystem (Turrets, Engines, Fire Control Systems, Ammunition Handling Systems, Chassis, Auxiliary Systems), By Range (Short-range, Medium-range, Long-range) and By Region (North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2026-2034

Artillery Market Size

The global artillery market size was valued at USD 11.36 billion in 2025 and is projected to grow from USD 12.20 billion in 2026 to USD 21.65 billion by 2034, registering a CAGR of 7.43% during the forecast period from 2026 to 2034. North America dominated the artillery market with a market share of 34.6% in 2025.

The term "artillery" has its origins in the Middle Ages, possibly derived from the French word "atelier" or the Old French "artillerie," which referred to military weapon craftsmen and manufacturers. The introduction of gunpowder marked a significant milestone in the evolution of artillery, leading to the development of cannons and other advanced artillery pieces. Modern artillery systems fire projectiles that can be either solid "shot" or non-solid "shells," with various types of ammunition historically used, including canister, chain shot, and grapeshot.

Artillery systems encompass a wide variety of ranged weapons designed to launch munitions beyond the reach of infantry firearms. Over time, artillery has evolved significantly, transitioning from heavy, immobile siege engines used to breach defensive walls to modern, highly mobile field artillery cannons and self-propelled vehicles. Today, artillery primarily includes shell-firing guns, howitzers, mortars, and rocket artillery. These systems are critical in providing fire support and suppression for ground forces, engaging targets at various ranges from short distances to intercontinental.

Moreover, international defense cooperation and strategic alliances often involve joint military exercises and equipment procurement programs. These collaborations can lead to increased demand for artillery systems as partner countries seek to standardize and enhance their military interoperability.

Type Insights

The global artillery market is segmented into howitzers, mortars, rocket launchers, anti-air weapons, and artillery. Howitzers dominate the type segment due to their versatility and effectiveness in various operational scenarios. Howitzers are powerful, long-range weapons that can fire a wide range of weapons, including high-explosive, armor-piercing, and incendiary rounds. They are extremely maneuverable and can serve various roles, including direct and indirect fire support, counter-battery fire, and interdiction. The howitzer segment has established itself in the market as a result of continuous modernization efforts, technological advancements, and capability diversification.

Nations seek howitzers that can handle a wide range of operational scenarios, from conventional warfare to counterinsurgency operations. This diversification includes the creation and acquisition of a variety of howitzer types, including towed, self-propelled, and automated howitzers. The goal is to have a flexible artillery portfolio that can respond effectively to various threats and terrain.

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Subsystem Insights

The global artillery market is segmented into turrets, engines, fire control systems, ammunition handling systems, chassis, and auxiliary systems. Fire control systems own the subsystem segment due to their critical role in enhancing the accuracy, range, and overall effectiveness of artillery systems. Fire control systems are critical components that allow for precise targeting and firing of artillery projectiles, resulting in optimal engagement of targets with greater accuracy and efficiency. These systems incorporate advanced technologies such as digital fire control mechanisms, automated loading features, and improved communication capabilities, thereby significantly improving artillery platform operational capability.

Fire Control Systems' dominance in the artillery market is based on continuous technological advancements that aim to improve targeting precision, response times, and operational flexibility. Modern fire control systems incorporate sophisticated guidance technologies, allowing artillery units to engage moving targets effectively. By improving accuracy and range, these systems improve the overall effectiveness of artillery operations, making them essential components in modern warfare scenarios.

Range Insights

The global artillery market is bifurcated into short-range, medium-range, and long-range. Long range dominates the range segment, which includes artillery systems capable of engaging targets beyond 30 kilometers. Long-range artillery is an important component of modern warfare because it allows forces to engage enemy positions, disrupt enemy movements, and provide indirect fire support to friendly troops while remaining at a safe distance. The Long-range segment's dominance in the artillery market is based on continuous technological advancements that aim to increase the range, accuracy, and lethality of artillery systems. Modern long-range artillery systems incorporate advanced technologies such as digital fire control mechanisms, automated loading features, and improved communication capabilities, thereby significantly improving artillery platform operational capability.

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Regional Insights

North America's Dominant Region

North America's artillery market share is expected to expand substantially during the forecast period. This growth is largely driven by the United States, the world's largest military spender, which boasts the most advanced and extensive arsenal of defense equipment. The United States' robust defense capabilities have been pivotal in fueling the expansion of the artillery market across North America. Moreover, the increasing demand for advanced defense solutions, particularly in enhancing military readiness and protective capabilities, underscores the United States leadership in possessing cutting-edge military equipment.

In 2022, the United States allocated a staggering USD 877 billion to its military budget, representing 39% of the global military expenditure a figure three times higher than China, the world's second-largest military spender. This substantial investment not only supports the modernization and expansion of artillery systems but also fosters innovation in defense technologies. The United States' strategic focus on maintaining technological superiority and operational readiness drives continuous advancements in artillery capabilities, including precision-guided munitions, integrated digital systems, and network-centric warfare capabilities.

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Asia-Pacific: Growing Region

The Asia-Pacific region emerges as the fastest-growing market for artillery systems. Major military powers such as China, Japan, India, and Australia bolster this growth with substantial military budgets and ongoing modernization efforts. These nations prioritize investments in advanced artillery technologies, including multi-launch rocket systems and self-propelled howitzers. For instance, India's Kalyani Strategic Systems Limited secured a USD 155 million contract in November 2022 to export 155mm artillery guns to a friendly nation, scheduled for delivery by 2025. Moreover, India hosts the world's largest artillery factory, established by the Kalyani Group, further highlighting the region's commitment to advancing artillery capabilities. In another development, in May 2023, China's People's Liberation Army-Strategic Support Force (PLA-SSF) awarded a contract to the PLA-SSF Northwest Institute of Nuclear Technology (NINT) for the production of 203mm artillery guns, highlighting China's robust investment in advancing its artillery systems. These factors are expected to propel regional market growth.

List of Key and Emerging Players in Artillery Market