Artillery Systems Market: Global Forecast to 2028 National Summit on
Artillery & Indirect Fires November 8–9, 2023 Association of the United States Army Conference & Event Center Washington, DC
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Content Overview
n advance of our National Summit on Artillery & Indirect Fires we have worked closely with our Partner Market Forecast to keep you apprised of the latest innovations and key components in development, modernization, and deployment of advanced artillery systems to strengthen defense capabilities and military readiness.
The artillery systems market is estimated to be USD 11.8 billion in 2023 and is projected to reach USD 16.0 billion by 2028, at a CAGR of 6.2% from 2023 to 2028. The major driving factor for artillery systems is their capability to provide long-range firepower and precision support on the battlefield. The Artillery weapon systems play a critical role in modern warfare by delivering large-caliber projectiles to distant targets with accuracy, enabling forces to engage enemy positions, disrupt enemy movements, and provide indirect fire support to friendly troops. The advanced range and high precision offered by artillery systems give them a unique advantage on the battlefield. These systems can engage targets beyond the line of sight, meaning they can hit targets that are not directly visible to the operators. This allows artillery units to engage enemy forces from a safe distance, reducing the risk to friendly troops.
Attractive Opportunities: Artillery Systems Market
Artillery System Market Dynamics: Drivers: Advancing Artillery Enhancing Capabilities for Modern Warfare In recent years, conflicts between nations have risen due to economic inequalities, political instabilities, and geopolitical tensions. Weapon systems play a crucial role in this scenario, as nations strategically utilize them to maintain deterrence, protect national security, and assert their influence. In this unstable environment, the countries understand the importance of artillery systems as strategic assets to the armed forces. Hence, they invest in the development, modernization, and deployment of advanced artillery systems to strengthen their defense capabilities and military readiness. These actions involve:
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Enhancing Range and Precision: The focus is on artillery systems with extended ranges and improved precision, allowing for the engagement of targets at greater distances with higher accuracy. This capability provides a tactical advantage by enabling effective engagement across borders and minimizing collateral damage. Strengthening Alliances and Partnerships: Nations forge alliances and partnerships to pool resources, share technologies, and jointly develop artillery systems. Collaboration allows for knowledge exchange, interoperability, and collective defense, fostering regional stability and countering shared threats. Strengthening Defense Postures: Nations prioritize the acquisition of cutting-edge artillery systems to project power, deter potential adversaries, and safeguard their territorial integrity. They seek to maintain a credible and robust defense posture, demonstrating their resolve and capability to respond effectively to hostile actions. Building Multi-Domain Capabilities: Artillery systems are integrated with other military assets, such as air defense systems, intelligence gathering platforms, and cyber capabilities, to create comprehensive multi-domain solutions. This integration enhances situational awareness, target acquisition, and coordinated responses in complex operational environments. Balancing Deterrence and De-escalation: Geopolitical tensions require a delicate balance between maintaining deterrence and preventing escalation. Artillery systems serve as a critical element in this equilibrium, signaling capabilities while adhering to international norms and avoiding unnecessary conflicts.
Restraints: Need for high maintenance and logistics in artillery operations The Maintenance, Repair, and overhaul as well as the logistics are key restraints in the operation of artillery systems due to various challenges that impact their effectiveness and operational readiness. High Cost and Budget Constraints: Maintenance and logistics operations incur significant costs, including personnel training, equipment maintenance, spare parts procurement, transportation, and storage. Limited defense budgets and competing priorities can result in inadequate funding for maintenance and logistics activities, leading to deferred maintenance, reduced spare parts inventory, and compromised logistics support. Operational Environment Challenges: Artillery systems often operate in challenging and austere environments, such as remote or hostile regions. These environments can pose logistical challenges, including limited infrastructure, rugged terrain, and adverse weather conditions, making it difficult to transport supplies, conduct maintenance activities, and establish adequate logistics support. Complex Maintenance Requirements: Artillery systems involve intricate machinery, electronics, and advanced components requiring specialized maintenance skills and technical expertise. Limited availability of skilled personnel and the need for specialized equipment and facilities can hinder timely and effective maintenance, leading to potential delays in repair and decreased system availability. Supply Chain Vulnerabilities: Artillery systems rely on a complex and extensive supply chain to procure spare parts, ammunition, and other critical resources. Supply chain disruptions, such as delays in delivery, stock shortages, or logistical bottlenecks, can hinder the availability of necessary supplies, impacting the maintenance and operational readiness of artillery systems. Compliance and Safety Regulations: Artillery systems must adhere to strict compliance and safety regulations. This includes proper handling, storage, and disposal of hazardous materials, adherence to transportation regulations, and compliance with safety protocols. Failure to comply with these regulations can result in delays, increased costs, and potential safety hazards.
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Opportunities: Unmanned Artillery Systems transform Battlefield due to Autonomous Firepower Unmanned artillery systems also provide opportunities for increased battlefield adaptability. These systems can be rapidly deployed and repositioned as needed, allowing for dynamic response to changing operational requirements. Additionally, unmanned artillery systems can be integrated with other autonomous platforms, such as drones or ground robots, forming a networked and coordinated unmanned force for enhanced situational awareness and collaborative engagement. Furthermore, the use of unmanned systems can reduce the logistical footprint by requiring fewer personnel and support equipment, thereby streamlining operations and increasing operational efficiency. The development and deployment of unmanned artillery systems also spur innovation in areas such as artificial intelligence, robotics, and advanced sensors, contributing to technological advancements and fostering cross-sector collaboration. Overall, unmanned artillery systems open up opportunities for militaries to improve their effectiveness, flexibility, and costefficiency while staying at the forefront of modern warfare capabilities.
Challenges: Complex procurement procedures of Artillery Systems Complex procurement procedures pose significant challenges in the defense sector. These procedures refer to the intricate and time-consuming processes involved in acquiring military equipment, including artillery systems. Here is a closer look at the challenges posed by complex procurement procedures. Lengthy Decision-making: Procurement decisions involve multiple stakeholders, including government agencies, military branches, and procurement committees. The decision-making process can be slow and bureaucratic, leading to delays in the acquisition of much-needed artillery systems. Technical Specifications and Requirements: Defining accurate and detailed technical specifications and operational requirements for artillery systems can be complex. Ensuring that the procured systems align with the specific needs of the military forces requires careful analysis and expertise. Budget Constraints: Procurement procedures are subject to budgetary limitations and financial constraints. Balancing the need for advanced artillery systems with budgetary considerations can be challenging, potentially leading to compromises in the acquisition process. Regulatory Compliance: Compliance with legal and regulatory frameworks, such as export control regulations and international arms trade agreements, adds complexity to procurement procedures. Strict adherence to these regulations can further slow down the acquisition process. Competitive Bidding Process: Procurement procedures often involve a competitive bidding process, where multiple defense contractors and suppliers compete for contracts. Evaluating proposals, conducting assessments, and ensuring transparency in the selection process requires substantial time and resources. Contract Negotiations: Negotiating contracts with defense contractors can be complex, involving discussions on pricing, terms and conditions, intellectual property rights, and warranty provisions. These negotiations can prolong the procurement timeline.
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“The Asia Pacific region is projected to assume a prominent role in driving the artillery systems market in 2023.” Artillery systems in the Asia Pacific region are experiencing significant growth due to several key factors. Firstly, The Asia-Pacific region is home to several major military powers which include China, Japan, India, and Australia among others. These countries have high military budgets have been modernizing their military capabilities and have invested heavily in areas such as self-propelled howitzers and MLRS. Secondly, the rapid technological advancements and investments in artillery systems technology drive the market in this region, Major Asian Pacific countries have developed or invested in the development and procurement of artillery systems
Key Market Players BAE Systems (UK), Hanwha Group (South Korea), Lockheed Martin Corporation (US), Nexter Group (France), Rheinmetall AG ( Germany), Norinco Internation Cooperation Ltd. (China), Rostec (Russia), General Dynamics Corporation (US), Avibras (Brazil), Elbit Systems (Israel) are some of the leading companies in the artillery systems market. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America, and the Middle East & and Africa.
Recent Developments • In April 2023, Lockheed Martin Corporation (US) was awarded a contract from the US Army. The contract was valued at USD 615 million and was aimed at manufacturing HIMARS (High Mobility Artillery Rocket System) and related equipment. • In May 2023, Rostec (Russia) announced new improvements in Pantsir S1 Air Defence gun Systems and other artillery systems with improved guidance and range based on the combat experience in the Ukraine war. • In November 2020, Bae Systems (UK) was awarded a contract worth USD 2.4 billion from the Ministry of Defence UK to supply munitions for artilleries for the UK armed forces for a period of 15 years.
AmericanConference.com/IndirectFires • 888 224 2480
LINKEDIN Defense & Government: U.S. Military/Government Personnel and Defense Industry Professionals
National Summit on
Artillery & Indirect Fires November 8–9, 2023 Association of the United States Army Conference & Event Center Washington, DC
The National Summit on Artillery & Indirect Fires is presented as a direct and timely response Russian and Chinese developments of next-gen artillery and longer-range delivery systems enabling a much wider variety of munitions and innovative target acquisition techniques. Join ACI’s National Summit on Indirect Fires & Artillery as our esteemed DoD, Industry and Academia faculty will provide an in-depth examination of the increasing threats of near-peer adversaries, as well as the key emerging opportunities, capabilities, requirements, and technologies within Indirect Fires & Artillery means for our military. Topics the Summit will Cover Include: • Challenges and Opportunities in the Context of Competition and Conflict with Near-Peer Adversaries • Battlefield Digitization: Transforming Command and Control for Domain Warfare • Long-Range Precision Fires: The Future of Artillery Capabilities Against Near-Peer Opponents, Increasing Range, Lethality, and Rate-of-Fire • Training and Simulation: Enhancing Soldier Skills and Knowledge to Meet New Demands LEARN MORE
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