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Global Artillery and Rockets Market, Forecast to 2028

Global Artillery and Rockets Market, Forecast to 2028

New Threats, Operational Concepts and Interoperability Needs Drive Acquisitions and Modernization

RELEASE DATE
08-Apr-2019
REGION
North America
Deliverable Type
Market Research
Research Code: ME70-01-00-00-00
SKU: AE01336-NA-MR_23008
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Global Artillery and Rockets Market, Forecast to 2028
Published on: 08-Apr-2019 | SKU: AE01336-NA-MR_23008

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Description

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

  • What are the geopolitical, operational and technological trends that will drive artillery and rockets requirements globally?
  • Which are the major committed, planned and forecast artillery and rocket programmes and opportunities in the global market over the next 10 years?
  • What is the industrial and competitive environment in the key regions and countries?
  • What are the regional procurement and modernisation patterns and trends?
Table of Contents

Key Findings

Key Findings (continued)

Market Engineering Measurements

CEO’s Perspective

Scope Summary

Market Definitions—Segments

Market Definitions—Segments (continued)

Market Definitions—Others

Key Questions Addressed by this Report

Market Segmentation, 2018

Market Drivers

Drivers Explained—Geopolitical Instability

Drivers Explained—Platform Obsolescence

Drivers Explained—Evolution of Newer Threats and Operational Concepts

Drivers Explained—Technological Advancements

Market Restraints

Restraints Explained

Market Engineering Measurements

Forecast Assumptions

Global Artillery and Rockets Inventory—2018

Global Market—Revenue Forecast

Forecast Discussion

Global Market—Revenue Forecast by Segment

Revenue Forecast by Segment Discussion

Revenue Forecast by Segment Discussion (continued)

Global Market—Percent Revenue Forecast by Region

Global Market—Revenue Forecast by Region

Revenue Forecast by Region—Discussion

Revenue Forecast by Region—Discussion (continued)

Market Share—2018

Competitive Environment

Total Market Share Evolution, 2018–2028

Market Share Analysis

Artillery and Rockets—Platforms and Munitions Evolution

Growth Opportunity 1—Long-Range Ordnance and Hypervelocity Munitions

Growth Opportunity 2—Compressing the Sensor to “Shoot and Scoot” Loop

Growth Opportunity 3—Lowering Procurement and Ownership Costs

Growth Opportunity 4—Industrial Cooperation and Offsets

Strategic Imperatives for Success and Growth

Towed Howitzer Segment—Evolving Operational Roles and Trends

Towed Howitzer Segment—Popular Operational/Upcoming Solutions

Towed Howitzer Segment—Popular Operational/Upcoming Solutions (continued)

Towed Howitzer Segment—Popular Operational/Upcoming Solutions (continued)

Towed Howitzer Segment—Market Engineering Measurements

Towed Howitzer Segment—Revenue Forecast

Truck-Mounted Howitzer Segment—Evolving Operational Roles and Trends

Truck-Mounted Howitzer Segment—Popular Operational/Upcoming Solutions

Truck-Mounted Howitzer Segment—Popular Operational/Upcoming Solutions (continued)

Truck-Mounted Howitzer Segment—Popular Operational/Upcoming Solutions (continued)

Truck-Mounted Howitzer Segment—Market Engineering Measurements

Truck-Mounted Howitzers Segment—Revenue Forecast

SP Howitzer Segment—Evolving Operational Roles and Trends

SP Howitzer Segment—Popular Operational/Upcoming Solutions

SP Howitzer Segment—Popular Operational/Upcoming Solutions (continued)

SP Howitzer Segment—Popular Operational/Upcoming Solutions (continued)

SP Howitzer Segment—Market Engineering Measurements

SP Howitzer Segment—Revenue Forecast

Multiple Rocket Launcher Segment—Evolving Operational Roles and Trends

Multiple Rocket Launcher Segment—Popular Operational/Upcoming Solutions

Multiple Rocket Launcher Segment—Popular Operational/Upcoming Solutions (continued)

Multiple Rocket Launcher Segment—Popular Operational/Upcoming Solutions (continued)

Multiple Rocket Launcher Segment—Market Engineering Measurements

Multiple Rocket Launcher Segment—Revenue Forecast

Mortar Segment—Evolving Operational Roles and Trends

Mortar Segment—Popular Operational/Upcoming Solutions

Mortar Segment—Popular Operational/Upcoming Solutions (continued)

Mortar Segment—Market Engineering Measurements

Mortar Segment—Revenue Forecast

SP Mortar-Muzzle Loaded Segment—Evolving Operational Roles and Trends

SP Mortar-Muzzle Loaded Segment—Popular Operational/Upcoming Solutions

SP Mortar-Muzzle Loaded Segment—Popular Operational/Upcoming Solutions (continued)

SP Mortar-Muzzle Loaded Segment—Market Engineering Measurements

SP Mortar-Muzzle Loaded Segment—Revenue Forecast

SP Mortar-Breech Loaded Segment—Evolving Operational Roles and Trends

SP Mortar-Breech Loaded Segment—Popular Operational/Upcoming Solutions

SP Mortar-Breech Loaded Segment—Popular Operational/Upcoming Solutions (continued)

SP Mortar-Breech Loaded Segment—Popular Operational/Upcoming Solutions (continued)

SP Mortar-Breech Loaded Segment—Popular Operational/Upcoming Solutions (continued)

SP Mortar-Breech Loaded Segment—Popular Operational/Upcoming Solutions (continued)

SP Mortar-Breech Loaded Segment—Market Engineering Measurements

SP Mortar-Breech Loaded Segment—Revenue Forecast

Regional Grouping of Countries

Africa—Introduction

Africa—Key Findings

Africa—Revenue Forecast by Segment

Artillery and Rocket Programmes—Africa, 2018–2028

Asia-Pacific—Introduction

Asia-Pacific—Key Findings

Asia-Pacific—Revenue Forecast by Segment

Artillery and Rocket Programmes—APAC, 2018–2028

Central and South America—Introduction

Central and South America—Key Findings

Central and South America—Revenue Forecast by Segment

Artillery and Rocket Programmes—South America, 2018–2028

Central and South Asia—Introduction

Central and South Asia—Key Findings

Central and South Asia—Revenue Forecast by Segment

Artillery and Rocket Programmes—Central and South Asia, 2018–2028

Europe—Introduction

Europe—Key Findings

Europe—Revenue Forecast by Segment

Artillery and Rocket Programmes—Europe, 2018–2028

Artillery and Rocket Programmes—Europe, 2018–2028 (continued)

Artillery and Rocket Programmes—Europe, 2018–2028 (continued)

Middle East—Introduction

Middle East—Key Findings

Middle East—Revenue Forecast by Segment

Artillery and Rocket Programmes—Middle East, 2018–2028

North America—Introduction

North America—Key Findings

North America—Revenue Forecast by Segment

Artillery and Rocket Programmes—North America, 2018–2028

The Last Word

Legal Disclaimer

Market Engineering Methodology

List of Acronyms

List of Acronyms (continued)

List of Acronyms (continued)

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

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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 art
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Jaison Deepak
Industries Aerospace, Defence and Security
WIP Number ME70-01-00-00-00
Is Prebook No
GPS Codes 9000-A1