The mortar system industry continues to expand as global defense forces adopt modern artillery solutions. Valued at 1.073 USD Billion in 2024, it is expected to reach 1.552 USD Billion by 2035, growing at a CAGR of 3.41%. Technological innovation, operational efficiency, and battlefield adaptability are key drivers of market growth.
Mortar systems offer tactical advantages for indirect fire support, particularly in challenging terrains. The automated artillery segment is increasingly popular due to its rapid firing capability, accuracy, and ability to reduce operator workload, enhancing overall battlefield performance.
Digital fire control, GPS integration, and modular design have improved the functionality of precision mortar systems, enabling forces to execute accurate strikes while maintaining safety and operational efficiency.
The development of mobile mortar platforms is transforming the global mortar market. These platforms allow rapid deployment, real-time targeting, and seamless integration with other defense systems. The next-generation mortar systems sector benefits significantly from these technological enhancements, boosting adoption rates.
Operational flexibility and automated targeting are driving demand for advanced mortar artillery systems. Forces are increasingly seeking solutions that combine speed, precision, and ease of deployment across varying combat scenarios.
Government defense modernization programs are further supporting growth. The high-accuracy mortar systems market is set to expand as countries invest in artillery upgrades, training, and battlefield automation initiatives.
In summary, technological adoption and operational versatility are shaping the mortar system market, ensuring that these systems remain essential in contemporary military operations worldwide.
Table of Contents
- Executive Summary
- Market Introduction
- Market Dynamics
- Market Segmentation
- Regional Analysis
- Competitive Landscape
- Future Outlook
FAQs
- What is the projected size of the Mortar System Market by 2035?
The Mortar System Market is expected to reach USD 1.552 billion by 2035, growing at a CAGR of 3.41% from 2025 to 2035. - Which companies are leading the Mortar System Market?
Key players include BAE Systems, Rheinmetall AG, General Dynamics, Northrop Grumman, Thales Group, Elbit Systems, Lockheed Martin, Kongsberg Gruppen, and Saab AB. - Which regions show significant opportunities for growth?
North America, Europe, APAC, South America, and the Middle East & Africa (MEA) are key regions offering expansion opportunities.
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