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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

Last Updated: June 03, 2026 | Author: Pavan Warade | Format:

Artillery Market Size

The global artillery market size was valued at USD 11.36 billion in 2025 and is projected to grow from USD 12.2 billion in 2026 to USD 21.64 billion by 2034 at a CAGR of 7.43% during the forecast period 2026-2034.

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.

Artillery Market Size

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Artillery Market Driver

Advancing Artillery Capabilities for Modern Warfare

Modernization initiatives in artillery systems refer to defense forces' efforts to upgrade and improve their existing artillery capabilities with cutting-edge technologies, equipment, and operational concepts. These initiatives are intended to enhance artillery systems' effectiveness, range, accuracy, mobility, and overall battlefield performance. Modernization entails replacing outdated artillery systems with newer models, including advanced features such as digitalized fire control systems, improved targeting systems, enhanced communication capabilities, and more efficient ammunition.

For instance, modern artillery systems like the M109A7 Paladin and the K9 Thunder incorporate automated loading systems and GPS-guided munitions, significantly increasing their precision and rate of fire. Moreover, modern artillery units are equipped with network-centric capabilities, allowing them to integrate seamlessly with other modernized military components, such as command and control systems, surveillance systems, and unmanned platforms. This integration facilitates real-time data sharing and improved situational awareness, which are crucial for effective decision-making on the battlefield.

Market Restraint

High Cost of Artillery Systems and Maintenance

The high cost of artillery systems and maintenance presents a significant challenge for many countries, particularly those with limited defense budgets. The development, manufacture, and deployment of advanced artillery systems necessitate significant financial resources, which can strain national budgets and limit the acquisition of new systems. The high cost of artillery systems is due to several factors, including the incorporation of advanced technologies such as digital fire control mechanisms, automated loading features, and enhanced communication capabilities. These advanced features improve the operational capabilities of artillery platforms while increasing their production costs. Moreover, the costs of maintaining and supporting artillery systems can be high, requiring significant investments in training, spare parts, and logistics.

Market Opportunity

Unmanned Artillery Systems Transform Battlefields with Autonomous Firepower

Unmanned artillery systems significantly enhance the adaptability and responsiveness of battlefield operations. These systems can be rapidly deployed and repositioned as needed, enabling a dynamic response to ever-changing operational requirements. Integrating unmanned artillery systems with other autonomous platforms, such as drones and ground robots, allows for the formation of a networked and coordinated force with superior situational awareness and collaborative engagement capabilities. For example, systems like the Autonomous Truck Mounted howitzer System (ATMoS) can be repositioned in less than 30 minutes, drastically reducing response times compared to manned counterparts.

Utilizing unmanned systems also reduces the logistical footprint by requiring fewer personnel and support equipment, thereby streamlining operations and enhancing operational efficiency. This reduction can be significant; estimates suggest that unmanned systems can reduce personnel requirements by up to 50%, translating into lower operational costs and fewer resources needed for support and maintenance. Moreover, the development and deployment of unmanned artillery systems drive innovation in artificial intelligence, robotics, and advanced sensors. For instance, AI-driven targeting systems can improve accuracy by 70%, and advanced sensors can provide real-time data with unprecedented precision. These technological advancements foster collaboration between different industries, propelling overall technological progress.

Artillery Market Size By Segments

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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.

Subsystem Insights

The global artillery market is segmented into turrets, engines, fire control systems, ammunition handling systems, chassis, and auxiliary systems. Fire Control Systems owns 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.

Artillery Market Share By Segments

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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.

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.

North America Artillery Market Revenue Share 2025

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List of Key and Emerging Players in Artillery Market

Key Industry Developments

  • May 2026: Hanwha Aerospace expanded its artillery manufacturing footprint in the United States by establishing an integration and testing facility for the K9 Mobile Howitzer, strengthening local production capabilities.
  • April 2026: Hanwha Aerospace secured a follow-on contract with the Finnish Ministry of Defence for additional K9 Self-Propelled Howitzers, reinforcing international adoption of its tracked artillery systems.
  • April 2026: MBDA and Safran Electronics & Defense conducted the first firing test of THUNDART, a next-generation artillery ammunition system developed for extended-range precision strike capabilities.
  • December 2025: Rheinmetall and KNDS Germany received an order from the German Armed Forces for the RCH 155 wheeled howitzer, including weapon systems, training equipment, and logistics support.

Report Scope

Market Metric Details & Data (2025-2034)
Market Size in 2025 USD 11.36 billion
Market Size in 2026 USD 12.2 billion
Market Size in 2034 USD 21.64 billion
CAGR 7.43% (2026-2034)
Base Year for Estimation 2025
Historical Data2022-2024
Forecast Period2026-2034
Study Period 2022-2034
Dominant Region North America
Fastest Growing Region Asia Pacific
Key Market Players Lockheed Martin Corporation (US), Bae Systems (UK), Hanwha Group (South Korea), Rheinmetall AG ( Germany), Nexter Group (France)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered By Type, By Subsystem, By Range
Geographies Covered North America, Europe, APAC, Middle East and Africa, LATAM
Countries Covered US, Canada, UK, Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Singapore, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia

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Frequently Asked Questions (FAQs)

How big is the artillery market?
According to Straits Research, the global artillery market is estimated at USD 12.2 billion in 2026 and is projected to reach USD 21.64 billion by 2034, growing at a CAGR of 7.43%.
The artillery market is projected to grow at a CAGR of 7.43% during the forecast period 2026-2034.
North America is the leading region in this market in 2026.
The leading companies operating in the artillery market are Lockheed Martin CorporationBae SystemsHanwha GroupRostecGeneral Dynamics Corporationand others.

Author's Details


Pavan Warade

Research Analyst

Pavan Warade is a Research Analyst with over 4 years of expertise in Technology and Aerospace & Defense markets. He delivers detailed market assessments, technology adoption studies, and strategic forecasts. Pavan’s work enables stakeholders to capitalize on innovation and stay competitive in high-tech and defense-related industries.

Report Details
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