Global Naval Artillery System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Naval Artillery, Coastal Artillery, and Submarine Artillery.

By Range;

Short Range, Medium Range, and Long Range.

By Artillery Type;

Howitzer, Mortar, Anti-air, Rocket, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn883146958 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Naval Artillery System Market (USD Million), 2021 - 2031

In the year 2024, the Global Naval Artillery System Market was valued at USD 1027.35 million. The size of this market is expected to increase to USD 1351.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global naval artillery system market is a critical component of naval defense strategies worldwide. As nations seek to modernize their naval fleets and enhance their maritime capabilities, the demand for advanced naval artillery systems continues to grow. This market encompasses a wide range of weapons and technologies designed for use on naval vessels, including cannons, guns, and missile systems.

One key driver of growth in the global naval artillery system market is the increasing focus on maritime security and the protection of maritime interests. As territorial disputes, piracy, and other maritime threats persist, nations are investing in advanced naval capabilities to safeguard their maritime borders and ensure freedom of navigation. Additionally, the rise of asymmetric warfare and the proliferation of advanced missile technologies have further underscored the need for robust naval artillery systems capable of countering a variety of threats.

Moreover, technological advancements are playing a significant role in shaping the evolution of naval artillery systems. Innovations such as precision-guided munitions, advanced fire control systems, and stealth technologies are enhancing the accuracy, range, and lethality of naval guns and missile systems. These advancements enable naval forces to engage targets with greater effectiveness while minimizing the risk to friendly forces.

Furthermore, geopolitical factors and defense budget allocations are key determinants of market dynamics in the global naval artillery system sector. As countries seek to maintain a competitive edge in maritime capabilities, they allocate resources towards the development and procurement of advanced naval weaponry. Additionally, partnerships and collaborations between defense contractors and government agencies contribute to the growth and innovation within the market.

In summary, the global naval artillery system market is characterized by increasing demand for advanced technologies driven by the need for maritime security, technological advancements, and geopolitical factors. As naval forces continue to adapt to evolving threats and operational requirements, the market for naval artillery systems is expected to witness sustained growth and innovation in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Range
    3. Market Snapshot, By Artillery Type
    4. Market Snapshot, By Region
  4. Global Naval Artillery System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Maritime Security Concerns
        2. Technological Advancements
        3. Geopolitical Factors and Defense Budget Allocations
      2. Restraints
        1. Budget Constraints
        2. Regulatory Challenges
        3. Technological Barriers
      3. Oppourtunities
        1. Modernization Programs
        2. Emerging Markets
        3. Collaborations and Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Naval Artillery System Market, By Product Type, 2021 - 2031 (USD Million)
      1. Naval Artillery
      2. Coastal Artillery
      3. Submarine Artillery
    2. Global Naval Artillery System Market, By Range, 2021 - 2031 (USD Million)
      1. Short Range
      2. Medium Range
      3. Long Range
    3. Global Naval Artillery System Market, By Artillery Type, 2021 - 2031 (USD Million)
      1. Howitzer
      2. Mortar
      3. Anti-air
      4. Rocket
      5. Other
    4. Global Naval Artillery System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Alliant Techsystems
      2. General Dynamics Corp
      3. NORINCO GROUP
      4. Nexter
      5. Mandus Group
      6. Rheinmetall Defence
      7. BAE Systems
      8. Zavod imeni Stalina (ZiS)
  7. Analyst Views
  8. Future Outlook of the Market