Artillery Systems Market Scope and Analysis Report by 2031
Artillery Systems Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 11.99 Billion |
Market Size by 2031 | US$ 20.98 Billion |
Global CAGR (2023 - 2031) | 7.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Artillery Systems Market News and Recent Developments
The artillery systems market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the artillery systems market are listed below:
BAE Systems secured a contract worth US$ 466 million to provide the US Army with its M109A7 Paladin self-propelled howitzers. As per the announcement from the US Department of Defense, the contract encompasses the supply of M992 Field Artillery Ammunition Support Vehicles. The specific quantity of howitzers and support carriers included in the order has not been disclosed. (Source: BAE Systems, Press Release, February 2023)
Artillery Systems Market Report Coverage and Deliverables
The "Artillery Systems Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Artillery systems market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Artillery systems market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Artillery systems market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the artillery systems market
- Detailed company profiles