Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
New Threats, Operational Concepts and Interoperability Needs Drive Acquisitions and Modernization
save 25 %
* Required Fields
Pay by invoice
The global artillery & rockets market will increase expand considerably over the next ten years driven predominantly by the general strategic uncertainty in some regions and the need to replace ageing fleets with modern artillery and rocket systems. Self-propelled howitzers (SPH), especially 155mm systems like the M109 variants and K9, will constitute a major portion of the revenues. Major advancements in range, lethality and automation are being pursued, which might witness operational realization by 2028-30. Planned and forecast opportunities in the artillery & rockets market will be over $30 billion during the forecast period.Soviet-era systems like the ubiquitous D-30, M-46 and BM-21 and their Chinese variants are still in service in developing countries, especially those in Africa and Latin America with smaller economies or lower economic growth. Some countries have developed the capability to overhaul, support and even manufacture these older systems and are likely to continue using them. Other countries might seek an overhaul of older systems or procure second-hand platforms or new, cheaper platforms from manufacturers like NORINCO or Yugoimport, rather than pursue expensive acquisition programmes.The United States is entering a major modernisation phase through the M109A7 programme, the Extended Range Canon Artillery (ERCA) programme and the Long Range Precision Fires (LRPF) programme, complemented by the development of new precision munitions with greater range.Tensions and conflicts in the Middle East and the nuclear crisis in the Korean Peninsula are militarising the Asia Pacific (APAC) region. The Convention on Cluster Munitions (CCM) can accelerate the acquisition of precision munitions to replace the existing controversial cluster munitions, thereby driving platform modernization and procurement. Russia’s aggressive ground posturing, airspace denial measures and positioning of long-range Iskander-M missiles are some of the primary drivers for artillery and rocket procurement and modernisation programmes in Europe. NATO defence expenditure targets will push up military spending among member states and allies. Meanwhile, in the Asian theatre, growing Chinese military power projection capability will continue to push countries like India, Taiwan, Japan, Vietnam, Singapore and a few South East Asian nations to improve their indirect fire capability. India will continue to be a big market during and beyond the forecast period.Artillery and rocket inventories in many countries like India, Taiwan and Pakistan are fast reaching obsolescence and replacements have to be procured to preserve their direct and indirect fire capabilities.New long-range artillery programmes like the ERCA in the United States, the Common Indirect Fires System (CIFS) in Europe and the 2S35 Koalitsiya-SV in Russia aim to replace or upgrade existing platforms. These, along with new assisted and hypervelocity ammunition, offer enhanced engagement ranges. Long-range rockets are the preferred solutions for long-range counter-battery fire. The lower launch shock and longer flight times for course correction make them ideal precision munitions delivery systems for countries. Competitors like Yugoimport, TATA SED, L&T and Khan Research Laboratories are offering new solutions to the existing competitors like NPO Slav, Lockheed Martin, NORINCO and Avibras. More militaries, including those of smaller countries, are opting for motorised infantry units. Increasingly, these units are organically equipped with self-propelled, crew-served mortars and light artillery. These trends might drive growth in the 81mm/120mm mortars/SP mortars and the 105/122mm howitzer segment. Increasing digitisation of new and existing platforms is being observed. Digitisation intends to reduce human-in-the-loop time thereby employ shoot-and-scoot tactics to reduce exposure to counter-battery fire. The lower response time and higher rate of fire also allow better distribution of artillery platforms over a wider area than traditional battery grouping, making them less susceptible to detection by unmanned aerial systems (UAS).
Key Issues Addressed
Global Automotive Location-based Services Growth Opportunities
US Acoustic Sensing Technologies Growth Opportunities
US Next Generation Air Dominance Growth Opportunities
US DoD 2022 Budget Assessment and Growth Opportunities
Global Land Battle Management System Growth Opportunities
Speed, Accuracy, and Maneuverability of Hypersonic Weapons Will Fundamentally Change the Character of Warfare
US DoD Electronic Warfare, 2020–2025
The Race to Develop Autonomous Capabilities Drives the US Defense Vehicles Market
Indonesia Defense Transformation Driving Indigenous Industry Growth
Frost Radar™: US Department of Defense Information Technology Market, 2020
thermal spray coatings market
digital signage market
wearable technology market
consumer drone market
power electronics market
residential solar market
smart wearables market
fleet management market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.