The US Artillery Systems Market Size was estimated at 1.49 (USD Billion) in 2023. The US Artillery Systems Market Industry is expected to grow from 1.6(USD Billion) in 2024 to 3.13 (USD Billion) by 2035. The US Artillery Systems Market CAGR (growth rate) is expected to be around 6.291% during the forecast period (2025 - 2035).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key US Artillery Systems Market Trends Highlighted
The US Artillery Systems Market is experiencing several key trends driven by advancements in technology and shifts in defense priorities. One significant driver is the US government's focus on modernizing its military capabilities in response to emerging threats. This has resulted in increased investments in precision-guided munitions and advanced artillery systems that enhance operational effectiveness and reduce collateral damage. The Army Futures Command is actively working on integrating cutting-edge technologies into artillery systems to improve their range, accuracy, and reliability. Opportunities in this market can be captured through the growing demand for mobile and adaptable artillery solutions that can be deployed in diverse battlefield scenarios.With the emphasis on joint operations among different branches of the military, there is a need for systems that can integrate seamlessly with air and ground forces. Moreover, as the US continues to seek partnerships with allied nations, there is potential for developing multi-national artillery programs that can enhance interoperability and share costs. Trends in recent times indicate a shift towards automation and remote-controlled systems in artillery operations. The rise of unmanned systems and robotics in military applications is influencing the development of artillery technologies that support automated targeting and firing solutions.The US Army’s focus on the Long Range Precision Fires (LRPF) program reflects this trend, aiming to enhance the capability to engage threats at extended ranges effectively. This technological evolution not only aims to improve effectiveness but also addresses the growing concerns of personnel safety in combat situations. As the landscape of warfare continues to evolve, the US Artillery Systems Market will adapt to meet these changing needs.
Increasing Defense Spending by the US Government
The US government has been prioritizing its defense budget significantly, with a focus on modernizing its armed forces, including artillery systems. In the fiscal year 2023, the Department of Defense allocated a budget of approximately 816 billion USD, which reflects an increase from the previous year. This investment signals a strategic move to enhance national security and address emerging threats, thereby driving the US Artillery Systems Market Industry forward.Moreover, as part of the 2022 National Defense Strategy, a commitment to upgrading military capabilities ensures a sustained growth trajectory for artillery system procurement. Subsequently, this has encouraged major players in the market, such as Northrop Grumman Corp and Raytheon Technologies Corporation, to expand their research facilities and produce next-generation artillery technology that aligns with government contracts. Such government initiatives not only stimulate the market but also lead to innovations that could enhance the efficacy and effectiveness of US defense equipment.
Emerging Technological Advancements in Artillery Systems
Innovations in artillery technology, including precision-guided munitions and automation, are propelling the US Artillery Systems Market Industry. Reports by the US Army indicate that advancements in smart artillery systems can increase accuracy, reduce collateral damage, and enhance operational efficiency. For instance, the introduction of the Extended Range Cannon Artillery by the Army, which promises striking targets at distances exceeding 70 kilometers, sets a benchmark for future artillery systems.This technology progression is further supported by established companies such as BAE Systems which are heavily investing in Research and Development to create state-of-the-art artillery solutions that align with modern combat needs. The potential of these advancements to improve the capabilities of the US military underscores a significant driver for market growth.
Increasing Geopolitical Tensions
The rising geopolitical tensions globally, particularly in regions surrounding the US, have prompted an uptick in military preparedness and tactical capabilities. The US has experienced heightened concerns related to conflicts in Eastern Europe and the South China Sea. As a result, the Congressional Research Service reports a necessity for the US to bolster its military readiness, which includes upgrading artillery systems. This uptick in focus on preparedness results in increased budgets allocated towards artillery systems procurement and modernization efforts.Prominent defense contractors like Lockheed Martin and General Dynamics are poised to benefit from increased demand fueled by these geopolitical situations, enhancing the overall landscape of the US Artillery Systems Market.
US Artillery Systems Market Segment Insights
Artillery Systems Market Range Insights
The US Artillery Systems Market is undergoing substantial growth, particularly in the Range segment, which is critical to military operations, as it encompasses various artillery capabilities tailored for diverse combat scenarios. This segment is categorized into three primary classifications: Short Range, Medium Range, and Long Range. Each of these ranges addresses specific tactical needs, with Short Range artillery designed for close engagement and immediate operational support, allowing forces to respond rapidly to threats on the battlefield. Medium Range systems provide a versatile solution that bridges the gap between operational flexibility and strategic depth, offering enhanced targeting and firer support complete with greater range and accuracy. Long Range artillery systems are increasingly significant as modern warfare evolves; they allow for deep strike capabilities that can neutralize distant or fortified targets, thus undermining enemy positions from a safe distance. The increasing emphasis on precision strikes in military strategies has strengthened the demand for Long Range artillery, as these systems enable forces to project power over greater distances while minimizing collateral damage. Moreover, advancements in technology, such as the integration of smart munitions and propulsion systems, are propelling the capabilities of artillery systems across all ranges. This trend highlights the strategic importance of the Range segment in the broader context of the US Artillery Systems Market, as militaries strive to improve their operational readiness and lethality. Market growth in this realm is driven by ongoing budget allocations for defense modernization, increasing global security concerns, and the urgent need for advanced artillery capabilities to counter emerging threats. Additionally, continuous development in military technologies, driven by Research and Development initiatives, supports the effective enhancement of artillery systems, thus ensuring that the US maintains its competitive edge in terms of firepower and innovative methods to engage in combat. As the landscape of warfare transforms, the importance of understanding the varied capabilities across the Range segment will play a crucial role in the overall effectiveness of the US military forces.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Artillery Systems Market Component Insights
The Component segment of the US Artillery Systems Market is essential, comprising various critical systems that enhance operational effectiveness and efficiency. This segment includes key elements such as Gun Turrets, which are pivotal in improving targeting accuracy and enhancing firepower, thereby playing a significant role in modern artillery systems. Fire Control Systems are also a crucial part, as they ensure precise coordination between weapon systems and targeting data, which is vital in combat scenarios. The Ammunition Handling System streamlines the loading and replenishment processes, significantly increasing the rate of fire and overall readiness of artillery units.Auxiliary Systems support these primary components by providing necessary functionalities such as maintenance and power management, ensuring that the artillery systems operate reliably. Additionally, the 'Others' category captures various innovative technologies and support systems that are gaining traction in the market. The complexity and interdependence of these components reflect the increasing demand for sophisticated, versatile, and advanced artillery systems within the US military framework. Thus, the development and integration of these components are fundamental to meeting both existing and emerging operational requirements in an evolving defense landscape.
Artillery Systems Market Type Insights
The US Artillery Systems Market, categorized by Type, reveals significant dynamics among its segments, which include Mortars, Howitzers, Rocket Artillery, and others. Mortars are increasingly recognized for their mobility and versatility in modern combat, highlighting their importance on the battlefield, especially in urban warfare scenarios. Howitzers, known for their long-range capabilities, dominate this segment, playing a crucial role in delivering precision fire support. Rocket Artillery serves as a critical component for providing rapid and overwhelming firepower that enhances operational effectiveness in various military operations.Other systems encompass advanced technologies and innovations that reflect the ongoing evolution of military capabilities. The US government’s focus on modernizing its artillery systems is driven by the need to address emerging threats and enhance deterrence strategies. As a result, the market faces exciting growth prospects influenced by advancements in targeting systems, automation, and smart munitions. The interconnected nature of these artillery types underscores the strategic importance of maintaining robust artillery capabilities, responding effectively to diverse operational contexts and enhancing overall military readiness.
US Artillery Systems Market Key Players and Competitive Insights:
The US Artillery Systems Market is characterized by a strong competitive landscape driven by technological advancements, defense budget allocations, and increasing demand for modernized military solutions. As nations prioritize the enhancement of their military capabilities, the market sees substantial investment and innovation in various artillery systems. Companies in this sector are focusing on developing advanced artillery pieces, ammunition, and integrated systems to support artillery operations. The competition is intensified by the presence of established defense contractors that maintain strong relationships with the US government, providing them a significant advantage in securing contracts and adapting to evolving defense strategies. Companies are also exploring areas such as smart munitions, automation, and data systems to enhance accuracy and efficiency, positioning themselves as leaders in a sector that plays a crucial role in national security.Raytheon Technologies holds a significant position in the US Artillery Systems Market by offering a range of advanced systems and solutions tailored for national defense needs. The company's strengths lie in its robust research and development capabilities, which allow it to innovate and integrate cutting-edge technology into its artillery systems. With a deep understanding of the requirements of modern warfare, Raytheon Technologies provides precision-guided munitions and advanced targeting systems. Its strong presence in the defense sector further solidifies its competitive edge, as the company has established long-term engagement with the US government and military branches. This ensures not only a steady flow of contracts but also positions Raytheon as a go-to partner for upgrading and modernizing existing artillery systems across the armed forces.Huntington Ingalls Industries plays a pivotal role in the US Artillery Systems Market, contributing significantly to military readiness through its advanced products and services. The company is known for its strong focus on shipbuilding in addition to providing unmanned systems and weaponry that enhance artillery capabilities. Huntington Ingalls Industries has carved out a niche by participating in key defense initiatives and collaborations, which include strategic mergers and acquisitions aimed at expanding its portfolio and capabilities. The company’s strengths encompass a robust engineering background and extensive experience in defense contracts, ensuring a strong market presence. By continually investing in next-generation technologies and enhancing its product offerings, Huntington Ingalls Industries serves as a crucial player in supporting the US military's artillery needs while driving innovation in the sector.
Recent developments in the US Artillery Systems Market have shown significant progress and activity among key players like Raytheon Technologies, Lockheed Martin, and General Dynamics. In September 2023, Lockheed Martin announced a contract with the US Army to deliver advanced artillery systems aimed at modernizing their capabilities, emphasizing a push for enhanced precision and rapid response. Concurrently, Raytheon Technologies has been focused on integrating artificial intelligence into artillery systems, a move expected to revolutionize operational efficiency. Current affairs reflect a growing demand for state-of-the-art artillery systems, driven by geopolitical tensions and the US government’s commitment to military modernization. In terms of market growth, the valuation of companies such as BAE Systems and Textron has surged, reflecting increased defense budgets and investments in Research and Development. Notably, the merger between Northrop Grumman and a key technology firm aimed at enhancing artillery targeting systems was publicly confirmed in August 2023, showcasing the trend of consolidation in the sector. Historically, the market has accelerated post the 2020 defense review, indicating a sustained emphasis on upgrading the military’s artillery capabilities to maintain operational readiness and strategic advantage.
US Artillery Systems Market Segmentation Insights
Artillery Systems Market Range Outlook
Artillery Systems Market Component Outlook
Artillery Systems Market Type Outlook
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.49(USD Billion) |
| MARKET SIZE 2024 | 1.6(USD Billion) |
| MARKET SIZE 2035 | 3.13(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.291% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Raytheon Technologies, Huntington Ingalls Industries, Lockheed Martin, General Dynamics, Thales Group, Leonardo, BAE Systems, Textron, L3Harris Technologies, Saab, Elbit Systems, Oshkosh Defense, Northrop Grumman, Rheinmetall, Kongsberg Gruppen |
| SEGMENTS COVERED | Range, Component, Type |
| KEY MARKET OPPORTUNITIES | Modernization of legacy systems, Enhanced precision munitions development, Integration of AI technologies, Increased defense budgets, Export opportunities in allied nations |
| KEY MARKET DYNAMICS | Increasing defense budgets, Technological advancements, Geopolitical tensions, Modernization of armed forces, Demand for advanced weaponry |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Artillery Systems Market is projected to be valued at 3.13 USD Billion by the year 2035.
The market size of the US Artillery Systems Market is expected to be valued at 1.6 USD Billion in 2024.
The expected CAGR for the US Artillery Systems Market is 6.291% from 2025 to 2035.
Major players in the US Artillery Systems Market include Raytheon Technologies, Lockheed Martin, and BAE Systems, among others.
The Medium Range segment of the US Artillery Systems Market is valued at 0.8 USD Billion in 2024, making it the largest segment.
The Short Range segment of the US Artillery Systems Market is expected to reach a value of 0.82 USD Billion by 2035.
The Long Range segment is projected to be valued at 0.75 USD Billion by 2035.
The growth of the US Artillery Systems Market is driven by advancements in technology and increasing defense budgets.
Current global conflicts and security threats are expected to bolster investment and demand for artillery systems in the market.
Key applications driving growth in the US Artillery Systems Market include military operations, defense strategies, and national security initiatives.
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