The US artillery systems market is forecasted to grow significantly, with revenue expanding from $4,250 million in 2020 to $7,320 million by 2035. Growth is propelled by ongoing military modernization programs, adoption of automated and guided platforms, and increased homeland security spending. Major market players are investing heavily in research and development to introduce innovative artillery solutions, boosting market value year-on-year. Growth accelerates notably post-2025 as key procurement projects reach implementation phases, aligning with evolving defense requirements and operational doctrines. Steady investment is expected to sustain positive revenue trends through the forecast period.
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Defense applications remain the dominating force in the US artillery systems market for 2025, constituting the majority share due to substantial investments in national security and operational readiness. Homeland security applications are growing, leveraging artillery for border management and emergency response. Training and simulation follow, emphasizing preparedness via realistic field exercises using next-gen artillery simulators. The commercial and law enforcement sectors, though smaller, are increasingly utilizing artillery solutions for specialized security operations. This trend underscores the sector's adaptability and the broadening use case of artillery systems beyond traditional warfare, driven by growing security demands and the need for robust crisis management infrastructure.
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Who are the key players in US Artillery Systems Market industry?
The top 5 players in the US Artillery Systems Market are BAE Systems, Raytheon Technologies, General Dynamics, Northrop Grumman, and Lockheed Martin. These companies specialize in the development and production of advanced artillery systems, integrating cutting-edge technology to enhance firepower, range, and targeting capabilities for defense forces.
What is the US Artillery Systems Market growth?
The US Artillery Systems Market is witnessing substantial growth driven by increased defense spending and modernization of military assets. For example, BAE Systems secured significant contracts in 2023 to upgrade M109A7 howitzers, reflecting strong government investment in advanced artillery platforms.
Which segment accounted for the largest US Artillery Systems Market share?
The self-propelled howitzers segment holds the largest market share within the US Artillery Systems Market. This segment’s dominance is due to enhanced mobility, rapid deployment, and modern automated fire control systems, making it a critical component for the US Army in both offensive and defensive operations.
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