Market Overview
Artillery systems remain a cornerstone of ground-combat capability for armed forces worldwide, encompassing howitzers, multiple rocket launchers, mortars, anti-air platforms, and the associated fire-control and ammunition-handling subsystems. The global market in 2025 stands at roughly $13.5 billion and is projected to expand steadily through the early 2030s, with various industry forecasts converging on a value near $21 billion by 2031. Growth is underpinned by a broad replacement cycle, the integration of digital and precision-guidance technologies into legacy platforms, and sustained procurement activity by both NATO and non-NATO militaries.
- •Covers howitzers, rocket launchers, mortars, anti-air weapons, and associated subsystems such as gun turrets and fire-control systems
- •Valued at approximately $13.5 billion in 2025, with a projected compound annual growth rate around 5.2% through 2031
- •Forecasts from multiple public sources indicate the market approaching roughly $21 billion by 2031
Growth Drivers
Escalating geopolitical tensions across Eastern Europe, the Indo-Pacific, and the Middle East have prompted nations to accelerate the procurement and modernization of artillery capabilities, directly lifting market demand. Countries are actively replacing aging Cold War-era systems with next-generation platforms offering greater range, precision, and rate of fire, supported by digital fire-control and navigation upgrades. The ongoing conflict in Ukraine has further validated the battlefield value of massed and accurate indirect fire, reinforcing defense budgets toward artillery and ammunition production.
- •Geopolitical instability and great-power competition are driving increased defense spending and urgent artillery procurement
- •Replacement of legacy systems with modern, longer-range, and precision-guided variants is accelerating across multiple regions
- •Expanded emphasis on domestic ammunition production and artillery ecosystem resilience is boosting demand for complete systems
Segmentation and Regional Analysis
The market is commonly segmented by platform type, with howitzers representing the largest segment, followed by rocket launchers, mortars, and anti-air artillery, alongside subsystems including gun turrets, fire-control systems, ammunition-handling units, and auxiliary components. Regional demand is led by North America and Europe, where NATO modernization programs and responses to the war in Ukraine are driving robust procurement, while the Asia-Pacific region is experiencing rising investment from major military powers. The Middle East, Latin America, and Africa collectively form a smaller but strategically significant demand base focused on both upgrades and new acquisitions.
- •Howitzers constitute the largest platform segment, with self-propelled and towed variants serving distinct operational requirements
- •North America and Europe together account for the largest share of spending, fueled by NATO requirements and Ukraine-related surge demand
- •Asia-Pacific is a fast-growing market driven by regional force modernization programs and territorial security concerns
Trends and Outlook
What are the recent trends and outlook?
The market is moving toward the integration of precision-guidance kits, automated ammunition handling, and network-enabled fire-direction systems, enabling artillery to operate more effectively within combined-arms and joint all-domain operations. Increased emphasis on long-range precision fires is spurring development of extended-range projectiles and rocket systems capable of striking targets well beyond traditional engagement distances. Looking ahead, sustained investment in artillery by both established and emerging military powers, combined with the continued need to replenish and expand ammunition stockpiles, is expected to support the market's 5% annual growth trajectory through 2031 and beyond.
- •Precision-guided munitions, automated turret systems, and digital fire-control networks are becoming standard across new and upgraded systems
- •Demand for extended-range artillery and rocket systems is growing as militaries prioritize stand-off strike capabilities
- •Ammunition stockpile rebuilding and industrial base expansion are likely to reinforce market momentum beyond current procurement cycles
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Connect to an analyst →Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2025 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.