Artillery systems market to reach $15.9 billion by 2030

The global artillery systems market is projected to rise from $11.46 billion in 2025 to $12.26 billion in 2026, with growth expected to continue through 2030. Rising conflict risks, military modernization, and demand for precision and mobile fire support are driving the market, while North America leads and Asia-Pacific is set to grow fastest.

Why it matters: - Rising defense spending and modernization are pushing demand for artillery systems as militaries seek longer-range fire support, greater accuracy, and faster deployment. - The market is expected to grow to $15.9 billion by 2030, signaling sustained procurement and service opportunities across defense supply chains. - The report points to expanding demand for lifecycle services, including modernization, training, diagnostics, and predictive maintenance.

What happened: - The Business Research Company released a 2026 artillery systems market outlook covering regional trends, sizing, and growth drivers. - The market is projected to rise from $11.46 billion in 2025 to $12.26 billion in 2026, a 7.0% CAGR. - North America held the largest market share in 2025. - Asia-Pacific is forecast to be the fastest-growing regional market in the coming years. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East, and Africa. - A free sample report is available here. - The full report is available here.

The details: - The market’s recent growth has been driven by military purchases of howitzers, multiple launch rocket systems and self-propelled artillery. - Cross-border tensions are increasing demand for long-range fire support capabilities. - Improvements in fire-control and targeting technologies have raised system accuracy. - Defense budget expansions and warranty and maintenance services have also supported market growth. - By 2030, the market is expected to reach $15.9 billion, with a 6.7% CAGR from 2026 to 2030. - Growth over that period is expected to come from automated loading, digital fire-control systems, precision-guided extended-range munitions and mobile artillery designed for modern warfare. - Emerging economies are expected to expand procurement activity. - Key trends include long-range precision strike artillery, greater use of self-propelled artillery, advanced ammunition, lightweight and portable mortar systems, and multi-role mobile artillery platforms. - Artillery systems include howitzers, cannons and rocket launchers, along with smaller mortars and large-scale artillery pieces used to launch large-caliber projectiles over long distances.

Between the lines: - The report ties artillery demand closely to rising conflict events and broader geopolitical instability rather than to a single regional flashpoint. - ACLED reported a 12% increase in conflict events in 2023 compared with 2022, reinforcing the defense demand narrative. - The fastest-growing opportunities appear to be shifting toward systems that are more precise, more mobile and easier to sustain in the field.

What’s next: - Procurement is likely to favor platforms with automation, digital targeting and extended-range precision capabilities. - Demand should continue to build around modernization packages and support services, not just new hardware. - The Asia-Pacific region is likely to capture a growing share of future spending as defense budgets rise.

The bottom line: - Artillery is moving from a traditional battlefield asset to a modernization priority, with growth driven by conflict risk, precision requirements and mobile firepower.