Technology

Artillery Systems Market Size Worth $20.98 Billion, Globally, by 2031 – Exclusive Report by The Insight Partners

Published

2 years ago

October 15, 2024

The artillery systems market size is projected to reach US$ 20.98 billion by 2031 from US$ 11.99 billion in 2023 to register a CAGR of 7.2% during 2023–2031.

NEW YORK, Oct. 15, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the global artillery systems market is observing healthy growth owing to the rise in procurements of self-propelled artilleries and howitzer systems.

Browse Detailed Insights: https://www.theinsightpartners.com/reports/artillery-systems-market

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, Artillery systems refer to the large sized firearms that are used by various armed forces to perform firing operations in any of their missions. The major artillery systems include howitzers, mortars, and rocket artilleries. Artillery systems allow the armed forces to neutralize or destroy any target during any combat or fire operations. Some of the major factors driving the growth for artillery systems include the rising global military expenditure, increasing number of contracts for supply of artillery systems, and the rising deployment of self-propelled artillery systems by various armed forces worldwide.

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Overview of Report Findings:

1. Market Growth: The artillery systems market is expected to reach US$ 20.98 billion by 2031 from US$ 11.99 billion in 2023, at a CAGR of 7.2% during the forecast period. Manufacturers operating in the artillery systems market strongly focus on collaborating with different governments and armed forces to comprehend their respective demands and offer them suitable solutions. The military forces of various countries are providing numerous contracts to artillery systems manufacturers to procure several communication, surveillance, and navigation systems. Moreover, the defense forces of different nations are investing substantially in procuring artillery systems such as rocket artillery, mortars, and howitzers. Artillery systems are reliable for taking down short, medium, and long-range targets. They enable armed forces to facilitate enhanced remote firing on ground or naval platforms.

2. Technological Innovations: The increasing application of unmanned systems for various purposes, including weapon delivery, surveillance, or detection, boosts the demand for self-propelled artillery systems. The increasing adoption of self-propelled artillery systems reduces the logistics and transportation challenges faced while moving any artillery system. Self-propelled artillery systems allow for the reduction of the operational manpower required to operate any artillery systems such as howitzer or rocket artilleries.

3. Deployment of Countermeasure Systems: The constant tension between the nations such as Russia–Ukraine, India–China, Pakistan–India, Israel-Palestine, and US-China is compelling their governments to strengthen their respective armed forces, which is also propelling the procurement of warfare systems such as different types of mortars and howitzers. Hence, the armed forces across different countries are investing in procuring artillery systems such as surface-to-air rocket artillery, self-propelled howitzers, early warning systems, and border surveillance systems. BAE Systems, General Dynamics Corporation, Honeywell International Inc., Israel Aerospace Industries Inc., Leonardo S.p.A, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, SAAB AB, and Thales Group are among the companies focusing on developing defense countermeasure systems, including radar systems, artillery systems, communication and surveillance systems, and navigation devices.

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4. Government Investments for Military Procurements: The evolving modern warfare scenario has compelled governments of various countries across the globe to assign significant funds and financial aid toward respective defense and military forces. The defense budget allocation supports the army and military forces to obtain enhanced technologies and equipment from domestic or international developers. On the other hand, military and army vehicle upgrades are on the rise owing to growing defense budget allocation. Furthermore, the increasing governmental expenditure showcases governments’ focus on strengthening national security forces. There is an increased need to reinforce military and border security forces with advanced surveillance, communication, navigation equipment, artilleries, armaments, and vehicles, among others; hence, military forces worldwide are focusing on investing significant amounts in procuring artillery systems and other advanced technologies.

5. Geographical Insights: Emerging markets, particularly in regions such as Asia Pacific and the Middle East, are key contributors to the growth of the global artillery systems market. Increased defense budgets, territorial tensions, and emphasis on indigenous defense capabilities characterize these regions. Governments in emerging markets are actively procuring artillery systems to build robust defense postures and reduce dependency on foreign suppliers. The procurement trends in these regions include a mix of imported systems and indigenous development initiatives.

Market Segmentation:

Based on component, the artillery systems market is segmented into gun turret, fire control system, ammunition handling system, auxiliary system, and others. The fire control system segment held a larger share of the artillery systems market in 2023.By range, the artillery systems market is segmented into short range, medium range, and long range. The medium range segment held the largest share of the artillery systems market in 2023.

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In terms of caliber, the artillery systems market is divided into small caliber, medium caliber, and large caliber. The medium caliber segment held a larger share of the artillery systems market in 2023.Based on type, the artillery systems market is segmented into howitzer, mortar, and rocket artillery. The howitzer segment held a larger share of the artillery systems market in 2023.The artillery systems market is segmented into five major regions: North America, Europe, APAC, Middle East & Africa, and South & Central America.

Competitive Strategy and Development:

Key Players: A few major companies operating in the artillery systems market include Avibras Indústria Aeroespacial S/A; BAE Systems Plc; Nexter Groupe KNDS; Denel Land Systems; Elbit Systems Ltd; General Dynamics; ST Engineering; Lockheed Martin Corporation; Rheinmetall AG; and Mandus Group.Trending Topics: Howitzer Market, Mortar Systems Market, Self-Propelled Artillery.

Global Headlines on Artillery Systems Market:

“The Pentagon revealed an additional allocation of presidential drawdown support destined for Ukraine.””Shift5, Inc., the onboard operational technology (OT) observability platform, disclosed a contract with the U.S. Army aimed at enhancing the cybersecurity of the High Mobility Artillery Rocket System (HIMARS).””Canada made a significant contribution to the Security Forces of Ukraine by delivering a number of M777 howitzers.””Colombia finalized an agreement with Israel’s Elbit Systems Ltd for the acquisition of 18 units of the 155mm howitzer Atmos.”

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The global artillery systems market plays a pivotal role in shaping the military capabilities of nations, influencing defense strategies, and contributing to geopolitical dynamics. With a multifaceted landscape influenced by technological advancements, security threats, and international collaborations, the artillery systems market growth is characterized by ongoing modernization efforts, diversification of capabilities, and the integration of cutting-edge technologies. The demand for diversified artillery capabilities is a key factor shaping the global market. Nations seek artillery systems that can address a spectrum of operational scenarios, from conventional warfare to counterinsurgency operations. This diversification includes the development and acquisition of various artillery types, such as towed howitzers, self-propelled artillery, rocket launchers, and mortars. The goal is to possess a versatile artillery portfolio that can respond effectively to different threats and terrains.

Collaborations and partnerships between nations and defense contractors are bolstering the global artillery systems market growth. International alliances contribute to technology transfer, joint development programs, and the exchange of expertise. For instance, in December 2023, BAE Systems, based in the UK, secured a substantial US$ 8.8 billion contract to maintain and operate a USD Army ammunition plant in Tennessee. The contract, awarded by the Department of Defense (DoD), spans a duration of 10 years, running from January 1, 2024, to December 31, 2033. BAE Systems is tasked with the production of explosives, as well as the maintenance and operation of the Holston Army Ammunition Plant. This significant and long-term contract not only underscores BAE Systems’ role in supporting the US defense infrastructure but also highlights the strategic importance of private-sector partnerships in ensuring the sustained production and operation of critical military assets. The contract reflects ongoing defense expenditure, emphasizing the continued importance of defense investments globally. Nations worldwide are consistently investing in the maintenance and enhancement of their military capabilities, driving the global defense market.

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Conclusion:

The rise in military expenditures across countries and increase in tensions among countries are among the major factors propelling the demand for artillery systems across the world. Several countries are taking serious actions to ensure the safety of their nation for which they are collaborating with other countries by joining forces to increase their armed forces capabilities. For instance, after the Russia Ukraine invasion, the US has been taking initiatives to increase its military presence across European countries for long haul by establishing its first permanent presence in Poland to bolster regional security. For this, it will be deploying its several forces in the country along with required ammunitions and firearms. Such initiatives are driving the growth of the artillery systems market across the world.

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The report from The Insight Partners, therefore, provides several stakeholders—including component providers, system technology integrator, system manufacturers and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

Related Report Titles:

Mortar Artillery System Market Size and Forecasts (2021 – 2031)Naval Artillery System Market Size and Forecasts (2021 – 2031)Howitzer Market Forecast to 2030 Mortar Systems Market Size and Growth 2031 Military Fire Control System Market Size and Forecasts (2021 – 2031)Airborne Fire Control Radar Market Size and Forecasts (2021 – 2031)Ammunition Handling System Market Size and Forecasts (2021 – 2031)Ammunition Handling and Ramming System Market Size and Forecasts (2021 – 2031)

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

If you have any queries about this report or if you would like further information, please contact us:

Contact Person:
Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
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Technology

Agog Strengthens Field of Immersive Media for Good with $6.5M in Early Grants and New Open Call for Climate-Impact Projects

Published

4 hours ago

May 12, 2026

New call for proposals offers up to $1M in grants to support creators and nonprofits using immersive media to drive climate action and civic engagement

LOS ANGELES, May 12, 2026 /PRNewswire/ — Agog: The Immersive Media Institute, a philanthropic organization focused on extended reality (XR) for social good, announced today that it has distributed nearly $6.5 million in grants to date, supporting creators, nonprofits, and field-building efforts that use immersive media to deepen public understanding of urgent social and environmental challenges. Agog is now opening its support to a wider pool of creators through its first public open call, offering up to $1 million for climate-focused immersive storytelling and projects.

Since publicly launching in 2024, Agog has worked to strengthen the ecosystem for immersive storytelling by funding projects, supporting creator labs and development programs, partnering with nonprofits, and bringing together artists, technologists, and cultural leaders. The open call reflects a deepening of Agog’s investment in exploring how immersive media can bring climate stories to life in more immediate, experiential ways.

“After more than three decades working as a journalist focused on climate change, I believe immersive storytelling is a powerful way to help people connect with what’s happening now — and imagine and build what a better future could be,” said Chip Giller, co-founder and executive director of Agog and founder of climate news organization Grist. “Immersive media represents a step change in communications. These technologies put you in the story itself, allowing you to experience it viscerally as a participant. Using them, you can travel to Greenland to experience melting ice sheets, visit low-lying islands in the Pacific threatened by sea-level rise, or even embody a tree growing from a seed to a towering old growth. It’s wild — and the changes in these media are happening fast. We hope this open call encourages more people to learn about immersive media and put it to use in the fight for a livable climate.”

“Climate change is a challenge so immense that it can be hard to grasp, even as it affects every one of us,” said Wendy Schmidt, co-founder of Agog. “Immersive storytelling has the ability to bring the effects of climate change — whether it’s melting glaciers, raging storms, or disappearing coastlines — not only before our eyes but all around us, reaching all of our senses. As Agog deepens its focus on climate storytelling, we hope that this powerful technology can, by helping us all experience these changes, spur us to action for our communities and our planet.”

Agog’s grantmaking supports immersive impact storytelling across climate change, racial equity, Indigenous knowledge, and journalism, alongside broader ecosystem investments. Climate-focused projects include “Out of the Ashes,” a virtual reconstruction of communities impacted by the Los Angeles wildfires. Work in racial equity includes support for wider distribution of “The Book of Distance,” a critically acclaimed virtual reality (VR) documentary exploring memory, migration, and state-sanctioned racism. Agog has also invested in Indigenous-led storytelling through projects like “OurWorlds” and a funding initiative with the Indigenous Screen Office, supporting community-led narratives, language revitalization, and land-based knowledge. In journalism, Agog has supported efforts like the Experiential Journalism Lab at the Investigative Reporting Program at UC Berkeley Journalism, training emerging reporters to develop immersive, experience-driven forms of storytelling grounded in rigorous reporting.

Beyond individual projects, Agog has invested in the infrastructure that allows this work to grow — from creator labs and residencies with partners like PHI, Black Public Media, and Electric South to incubators such as W ORLDING and Reality Hack at MIT, in addition to wider distribution initiatives. Together, these efforts support projects from concept to audience engagement and impact.

“Immersive media has the power to have a generational impact on our society, the land, and humanity,” said idris brewster, founder of Agog grantee Kinfolk Tech. “Agog has recognized the power of and need for this technology, and its support has made this kind of storytelling possible for Kinfolk Tech and many other creators and organizations.”

A New Phase: Climate Futures + Immersive Media Open Call

Agog’s 2026 open call, Climate Futures + Immersive Media, supports projects that use immersive media to engage people more deeply in climate issues and expand pathways for participation and action.

The initiative invites proposals from XR creators and mission-driven organizations new to immersive media, with a focus on projects that move audiences from awareness to action. The review committee will consist of Agog leadership and climate and XR experts, including Myriam Achard, chief of new media partnerships and PR at PHI; Jerome Foster II, sustainability and social impact consultant; Anthony Leiserowitz, Ph.D., director of the Yale Program on Climate Change Communication; and Jacqueline Patterson, founder and executive director of The Chisholm Legacy Project.

Areas of interest for the open call include:

Climate storytelling and civic participationCommunity power and resilienceAccess, equity, and climate justicePlanetary connection and well-beingFuture-building and world design

The open call will support projects across a range of stages and formats, from early concept to more developed work. Agog is particularly interested in projects that use smart glasses, augmented reality, spatial sound, and mixed reality to help people experience climate challenges and solutions in more immediate, embodied ways. Agog will award grants in denominations ranging from $25,000 to $200,000. In addition to funding, selected projects may receive mentorship and opportunities for partnership and distribution.

Applications close June 12. agog.org/opencall2026/

Agog: The Immersive Media Institute

Agog: The Immersive Media Institute is a philanthropic organization founded by Chip Giller and Wendy Schmidt that is dedicated to helping creators and nonprofit leaders use extended reality — including virtual, augmented, and mixed reality — to imagine and build a more connected, just, and compassionate world. Agog operates as a field builder and creative partner, supporting immersive storytellers whose work addresses urgent social and environmental challenges.

CONTACT: Alex Capriotti
alex@agog.org

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SOURCE Agog: The Immersive Media Institute

Technology

Seerist Caps Banner Q1 with Doubled New Customer Wins and 85% Growth in New Logo ARR

Published

4 hours ago

May 12, 2026

AI-powered product advances fuel broad-based momentum across Commercial and International Government markets

RESTON, Va., May 12, 2026 /PRNewswire-PRWeb/ — Seerist, the AI-powered risk intelligence platform trusted by security and intelligence teams around the world, today reported strong first quarter 2026 results. New logo wins doubled year-over-year, and Annual Recurring Revenue (ARR) from new logos surged 85% compared to the same period in 2025, reflecting the convergence of product innovation meeting market demand.

Our customers are operating at a level that simply wasn’t possible before, and the market is responding accordingly. — Alex Berry, Chief Executive Officer, Seerist

The breadth of the quarter’s performance was just as notable. Total company ARR grew 15% from Q1 2025, while Seerist’s Commercial and International Government markets, the two fastest-moving areas of the business, posted a combined 19% ARR increase from the prior year period. Net Expansion in those markets rose 15%, and Gross Retention improved by 5%, signaling that customers are not only renewing but deepening their reliance on Seerist.

“The AI capabilities we’ve built into the platform, automating workflows that used to consume analyst hours, are genuinely force-multiplying what our customers can accomplish. Security and intelligence teams are extending their reach without adding headcount, and the outcomes are speaking for themselves. This quarter’s numbers are a direct reflection of that.”

— Barry Saadatmand, Chief Revenue Officer, Seerist

At the core of this product evolution is AskAnna, Seerist’s AI intelligence assistant. Built to synthesize vast quantities of structured and unstructured data into clear, actionable outputs, AskAnna has emerged as one of the most significant drivers of platform adoption and expansion and is transforming the speed and scale at which customers can act on global risk.

“AskAnna now puts 50,000 analyst hours fused with millions of open source signals all at the fingertips of a query that generates actionable insights in seconds. This is a categorically different way of understanding and responding to risk. Our customers are operating at a level that simply wasn’t possible before, and the market is responding accordingly.”

— Alex Berry, Chief Executive Officer, Seerist

As Seerist heads into the second quarter, the company expects to sustain this trajectory through continued investment in its AI capabilities, expansion of its go-to-market reach, and the deepening of strategic partnerships across Commercial, Federal Government, and International Government sectors.

About Seerist

Seerist, Inc. enables global corporations, governments, and organizations to navigate a volatile and uncertain world by preparing them for potential events that could disrupt operations. Trusted by more than 400 organizations, including over 20% of the Fortune 100, and over 50 government agencies, Seerist combines cutting-edge artificial intelligence (AI) and machine learning (ML)—parsing millions of data points—with expert human analysis built on decades of insight. With 10 global offices and a strategic partnership with Control Risks, Seerist delivers the foresight and clarity needed to make rapid, strategic, and reliable decisions when it matters most. To learn more, visit www.seerist.com

Media Contact

Jen Dillon, Seerist, 1 1 800 674 8398 748, jen.dillon@seerist.com, www.seerist.com

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SOURCE Seerist

Technology

Replit Announces vibecon, its First Creative Conference where Code meets Culture in New York, June 17-18

Published

4 hours ago

May 12, 2026

Oscar-winning filmmaker Spike Jonze, media artist Refik Anadol, advocate Reshma Saujani, AR creator Paige Piskin, digital artist GMUNK, Emmy-winning motion designer Gryun Kim, and the legendary Rhizome’s 7×7 among the names confirmed

FOSTER CITY, Calif., May 12, 2026 /PRNewswire/ — Replit, the AI software creation platform used by more than 50 million people, today announced a first-of-its kind AI conference where code, creativity and culture intersect. The event brings together artists, filmmakers, designers, founders, technologists and curious newcomers to a playground to explore code as the next creative medium.

Taking place June 17–18 at Canyon on Manhattan’s Lower East Side, the inaugural vibecon will bring together an eclectic group of pioneering creators turning software into apps, installations, films, tools, performances, visual systems and interactive experiences that would have been out of reach for most a year ago. For two days, vibecon will be alive with people who no longer draw a line between code and craft. The conference will feature live talks, interactive installations, hands-on workshops, art exhibits and performances designed to show what becomes possible when creators can move from idea to output without losing momentum.

Oscar-winning filmmaker Spike Jonze, the creative brain behind Her, Being John Malkovich, and iconic music videos for everyone from Beastie Boys to Björk. A boundary dissolving storyteller who’s spent decades making machines feel human and humans feel surreal. Spike will be in conversation with Replit CEO, Amjad Masad, on June 17.

Turkish-American media artist Refik Anadol, a pioneer at the intersection of AI, data and architecture, will also take the stage with Replit President and Head of AI Michele Catasta. Anadol is also the co-founder of Dataland, the world’s first museum dedicated to AI art, opening in Los Angeles.

“When we founded Replit 10 years ago, I wanted it to be the platform where creatives could build anything they wanted without learning to code,” said Haya Odeh, co-founder and head of design at Replit. “This summer’s vibecon is the culmination of that idea we had so many years ago – a space where creativity meets code building moments that inspire you, leave you in awe, and make your imagination go wild. Code truly is the new Creative”

Jonze and Anadol are joined by a host of creators on stage and around the event including.

Reshma Saujani Founder of Girls Who Code and Moms First, executive producer of No Country for Mothers, and TIME’s Women of the Year 2026. Her TED talk “Teach girls bravery, not perfection” has 54 million views and her decade-long fight for women’s economic empowerment from childcare, to paid leave, to equal pay, has made her one of the defining activist voices of her generation.

Paige Piskin, one of today’s most prolific AR creators, who has generated more than 400 billion impressions through effects and campaigns for Netflix, Coldplay and major beauty brands. Named a “legend” by VICE and an artistic “master” by Meta, Piskin will talk about how AR has changed what audiences feel when they look at a screen.

GMUNK, digital artist and director, whose psychedelic and atmospheric work spans installations, music videos, title sequences, immersive film and the iconic Windows 10 wallpaper seen by billions of people, will take over the main stage for a talk on switching artistic media in pursuit of creative discomfort.

vibecon will also bring Rhizome’s 7×7 to the stage. The long-running art and technology series pairs artists and technologists to create new work together. It is also the program through which Kevin McCoy developed Quantum, widely regarded as the first NFT artwork.

Vibecon will also feature Lucas Gelfond, the software engineer and writer reimagining the full stack of storytelling at A24 Labs; Karyn Nakamura, the Tokyo-born, MIT-trained artist and engineer probing the hidden infrastructures of perception; Debit, the composer, producer and DJ whose research-driven records and site-specific works have reached the Whitney and the Venice Biennale; and Saarim Zaman, the Dhaka-raised creative technologist and co-founder of ITM, building at the edges of culture and code.

Beyond the stage, vibecon’s installations and workshops will immerse attendees into new worlds they never thought possible.Tigris Li, artist, creative technologist and co-founder of consumer electronics company LYCHEE, is curating a real-time perfume experience that turns memories and AI conversations into a bespoke fragrance on site. LA-born new media artist Nate Mohler, founder of Projekt Blank, will lead a workshop and installation blending AI, memory and urban landscape. Artist Kyle McDonald, who works across machine learning, computer vision and social technology, will debut a new interactive installation that invites attendees to get weird with code.

Focusing on craft, create and connect, the event will feature four distinct zones of engagement:

Main Stage: A main platform for high-velocity talks, keynotes, and performances.The Forum + The Lab: An intimate space for hands-on sessions, live demos, and deep-dive discussion.Installations: Across the entire floor, AI powered art exhibits available for viewing.Event Details Dates: June 17–18, 2026Time: June 17: 11:00 AM – 7pm PM + June 18 11:00 AM – 8:00 PM
Location: Canyon, 145 Delancy St, NYCTickets: vibecon.ai.

For more information, contact press@replit.com

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SOURCE Replit