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The global artillery systems market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Artillery systems are weapons and arms used by military forces for high strategic and tactical mobility. Mortars, multiple launch rocket systems (MLRS), howitzers, air defense guns, man-portable air-defense systems (MANPADS) and rocket artillery are some commonly used artillery systems. They are used for providing fire support to the arms in combat, attacking targets and neutralizing gun emplacements of the enemy forces. In comparison to the traditionally used artillery weapons, artillery systems offer enhanced accuracy, precise firepower, rapid response and reduced reload time. As a result, they are extensively used across military and defense industries.
An alarming increase in armed conflicts, violence and terrorism across the globe is one of the key factors driving the growth of the market. Artillery systems are widely adopted to improve national security and provide protection against fast-moving objects. These systems are also utilized by land, air and naval forces during training for war. Moreover, the increasing adoption of the single barrel weapon system is providing a thrust to the market growth. These systems are lighter, cost-effective and can fire rapid successive shots. Additionally, various product innovations, such as the development of mobile, lightweight and self-propelled artillery systems, are favoring the market growth. They are used for long-range indirect fire support on the battlefield and can be brought into action much faster. In line with this, the increasing demand for howitzers in place of field guns and cannons to attack targets using indirect and direct fire is positively impacting the market growth. Other factors, including the increasing demand for advanced weapon machinery by ground defense services, along with rising defense expenditures, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global artillery systems market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, component, caliber, range and end user.
Breakup by Type:
Breakup by Component:
Breakup by Caliber:
Breakup by Range:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avibras Industria Aeroespacial, BAE Systems plc, Denel Soc Ltd, Elbit Systems Ltd., General Dynamics Corporation, Hanwha Group, Leonardo SpA, Lockheed Martin Corporation, Nexter group KNDS, Rostec, RUAG Holding and Singapore Technologies Engineering.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Component, Caliber, Range, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Avibras Industria Aeroespacial, BAE Systems plc, Denel Soc Ltd, Elbit Systems Ltd., General Dynamics Corporation, Hanwha Group, Leonardo SpA, Lockheed Martin Corporation, Nexter group KNDS, Rostec, RUAG Holding and Singapore Technologies Engineering.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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