Global Howitzer Systems Market Insights Forecasts to 2033

• The Global Howitzer Systems Market Size was Valued at USD 33.52 Billion in 2023
• The Market Size is Growing at a CAGR of 8.92% from 2023 to 2033
• The Worldwide Howitzer Systems Market Size is Expected to Reach USD 78.8 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Howitzer Systems Market Size is Anticipated to Exceed USD 78.8 Billion by 2033, Growing at a CAGR of 8.92% from 2023 to 2033.  

Market Overview

A howitzer is a type of artillery gun that fires shells at high velocities across short distances. Howitzers are typically shorter and heavier than other types of artillery weapons, with larger caliber barrels that can fire bigger projectiles. Modern howitzers are typically towed or self-propelled, allowing for fast deployment in the field. They are meant to be highly mobile and move fast from one site to another, making them an important part of many modern armies. Furthermore, howitzer systems aim and discharge projectiles without requiring a straight line of sight between the target and the howitzer systems. In addition, constant conflicts exist between countries such as Russia-Ukraine, China-Taiwan, Israel-Palestine, US-China, India-Pakistan, and India-China. Furthermore, this is owing to escalating geopolitical competition among countries to enhance their respective armed forces, for which they are acquiring modern warfare technology and increasing the strength of their respective armed forces. Such circumstances have pushed the deployment of howitzers and howitzer vehicles in greater numbers, increasing the need for howitzer systems across multiple locations.

Report Coverage

This research report categorizes the market for the global howitzer systems market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global howitzer systems market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global howitzer systems market.

Driving Factors

The howitzer systems market is mostly driven by military needs. Countries with significant military, particularly those involved in conflicts or with security concerns, are the primary consumers of howitzers. Furthermore, several countries with weaker forces purchase howitzers for defensive purposes or as part of peacekeeping operations. Furthermore, increased military spending encourages the use of advanced warfare technologies such as high-range antennas, self-propelled artillery, including howitzers, advanced communication devices, unmanned vehicles, radars, missile detection systems, surveillance and navigation systems, and modern warfare technologies. Furthermore, a large military budget helps countries allocate resources for developing and upgrading their existing air, land, and naval defense systems. All of these reasons contribute to the growth of the global howitzer systems market.

Restraining Factors

The market is moderately consolidated, with a few key players operating in multiple regions. Furthermore, large storage facilities necessary for large howitzer systems limit the growth of the global howitzer systems market.

Market Segmentation

The global howitzer systems market share is classified into type, caliber, and application.

• The self-propelled howitzer segment is expected to hold the largest share of the global howitzer systems market during the forecast period.   

Based on the type, the global howitzer systems market is divided into self-propelled howitzer, airborne howitzer, truck mounted howitzer, towed howitzer, and others. Among these, the self-propelled howitzer segment is expected to hold the largest share of the global howitzer systems market during the forecast period. This is due to their autonomous propulsion systems, self-propelled howitzers can travel over a variety of terrains without the assistance of other vehicles. Their ability to move quickly allows them to adapt to shifting situations on the battlefield and give ground forces timely fire support. Furthermore, self-propelled howitzers use less logistical resources than towed or truck-mounted howitzers because they don't depend on outside vehicles for mobility. This makes it possible for military personnel to deploy and maintain these devices more effectively while also lessening their logistical load.

• The 155mm segment is expected to grow at the fastest CAGR in the global howitzer Systems market during the forecast period.   

Based on the caliber, the global howitzer systems market is divided into 105mm, 155mm, 203mm, and others. Among these, the 155mm segment is expected to grow at the fastest CAGR in the global howitzer systems market during the forecast period. 155mm howitzers are capable of firing a variety of rounds, including guided, precision, and high-explosive rounds, which makes them appropriate for a range of mission needs, such as close support, indirect fire support, and counter-battery fire.

• The artillery support segment is expected to grow at the fastest CAGR in the global howitzer systems market during the forecast period.   

Based on the application, the global howitzer systems market is divided into siege warfare, counter-battery fire, artillery support, strategic bombardment, and others. Among these, the artillery support segment is expected to grow at the fastest CAGR in the global howitzer systems market during the forecast period. Governments are allocating larger percentages of their budgets to defense spending, particularly in areas with geopolitical tensions or active military confrontations. It enables countries to invest in cutting-edge artillery systems to strengthen their armed forces' capabilities, such as providing artillery support during combat operations. Due to these factors, the artillery support segment is growing significantly in the global howitzer systems market.

Regional Segment Analysis of the Global Howitzer Systems Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global howitzer systems market over the predicted timeframe.

North America is anticipated to hold the largest share of the global howitzer systems market over the predicted timeframe. The US land forces' inventory includes 1,365 rocket projectors, 1,340 pieces of towed artillery, and 1,500 pieces of self-propelled artillery. Their arsenal includes the M777 howitzer, the M270 Multiple Launch Rocket System, and the M109A7 Paladin 155mm Self-Propelled Howitzer. Similarly to the Army's intentions, the US Navy expects to replace its fleet of obsolete naval ships with modern and cutting-edge naval vessels in the future years, creating a demand for advanced artillery systems over the forecast period. The procurement includes large surface combatants (LSCs), frigates, and destroyers. Canada is analyzing the Army's future artillery requirements as part of the Indirect Fire Modernization (IFM) program.

Asia Pacific is expected to grow at the fastest pace in the global howitzer systems market during the forecast period. The upgrade of combat platforms by armed forces in Asia Pacific countries is likely to drive the growth of the region's howitzer system market. China, India, and South Korea are among the leading investors in artillery systems and associated technology. China is the most important market for artillery systems in Asia Pacific, owing to the country's ongoing technological improvements as well as other factors such as geopolitical conditions and the replacement of outmoded systems. Due to the rising investments in artillery systems in the Asia Pacific region, the global howitzer systems market is growing significantly.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global howitzer systems market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hanwha Group
• Denel SOC Ltd
• General Dynamics
• BAE Systems
• ST Engineering
• Elbit Systems
• IMI Systems
• Lockheed Martin
• Avibras
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In February 2024, Norinco, China's state-owned land systems producer, introduced a new type of truck-mounted howitzer. The highly automated system, aimed at export markets, combines a 6x6 truck chassis with an unmanned turret carrying a 155mm L/52 howitzer.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global howitzer systems market based on the below-mentioned segments: 

Global Howitzer Systems Market, By Type

• Self-Propelled Howitzer
• Airborne Howitzer
• Truck Mounted Howitzer
• Towed Howitzer
• Others

Global Howitzer Systems Market, By Caliber

• 105mm
• 155mm
• 203mm
• Others

Global Howitzer Systems Market, By Application

• Siege Warfare
• Counter-Battery Fire
• Artillery Support
• Strategic Bombardment
• Others

Global Howitzer Systems Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa