Artillery Systems Market Share, Size, and Outlook by 2031
Artillery Systems Market: Strategic Insights
Artillery Systems Market
-
CAGR (2023 - 2031)7.2% -
Market Size 2023
US$ 11.99 Billion -
Market Size 2031
US$ 20.98 Billion
Market Dynamics
GROWTH DRIVERS
- Rising Global Military Expenditure
- Increasing Number of Contracts for Supply of Artillery Systems
FUTURE TRENDS
- Deployment of Self-Propelled Artillery Systems
OPPORTUNITIES
- Deployment of Countermeasure Systems
Key Players
- Avibras Industria Aeroespacial S A
- BAE Systems Plc
- Nexter Groupe KNDS
- Denel Land Systems
- Elbit Systems Ltd
- General Dynamics
- ST Engineering
- Lockheed Martin Corporation
- Rheinmetall AG
- Mandus Group
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Gun Turret
- Fire Control System
- Ammunition Handling System
- Auxiliary System
Range
- Short Range
- Medium Range
- Long Range
Caliber
- Small Caliber
- Medium Caliber
- Large Caliber
Type
- Howitzer
- Mortar
- Rocket Artillery