Howitzer Market Scope And Analysis

  • Report Code : TIPRE00039003
  • Category : Aerospace and Defense
  • No. of Pages : 150
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Howitzer Market Scope, Analysis, and Trends by 2030

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Howitzer Market Report Howitzer Market Size and Share Howitzer Market Scope and Analysis

Howitzer Market Report Scope

Report Attribute Details
Market size in 2022 US$ 5,098.26 Million
Market Size by 2030 US$ 9,136.78 Million
Global CAGR (2022 - 2030) 7.6%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Component
  • Gun Turret
  • Fire Control System
  • Ammunition Handling System
  • Auxiliary System
By Range
  • Short Range
  • Medium Range
  • Long Range
By and Type
  • Towed Howitzer and Self-Propelled
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BAE Systems Plc
  • Elbit Systems Ltd
  • Avibras
  • Hanwha Group
  • RUAG Group
  • IMI Systems
  • General Dynamics
  • ST Engineering
  • Denel SOC Ltd

    • Key Player Analysis:

    The howitzer market report includes the company profiles of players such as BAE Systems Plc, Elbit Systems Ltd, Avibras, Hanwha Group, RUAG Group, IMI Systems, General Dynamics, ST Engineering, Denel SOC Ltd, and Saab AB. These are the top market players, owing to the diversified product portfolio offered.

    Recent Developments:

    The howitzer market forecast can help stakeholders plan their growth strategies. Inorganic and organic strategies such as product launches, mergers, and acquisitions are highly adopted by companies operating in the howitzer market. For instance, in July 2023, Avibras Indústria Aeroespacial signed a memorandum of understanding with Saudi company SCOPA Defense to develop and manufacture advanced defense equipment. The partnership aims to create new jobs, ensure Saudi Arabia's sovereignty, and contribute to the private sector. SCOPA aims to stimulate other sectors, such as industrial equipment, communications, and information technology, by establishing private defense industries. Such strategic initiatives catalyze the howitzer market growth from the suppliers' perspective.