Research and Markets has announced the addition of the "The Global Artillery and Systems Market 2016-2026" report to their offering.

The global Artillery and Systems market is projected to value US$9.7 billion by 2026.

The Global Artillery and Systems Market 2016-2026 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for artillery equipment and related systems, key market trends, and challenges faced by industry participants.

The Artillery and Systems market is split into five segments: Turret Systems, Self Propelled-Artillery Systems, Towed-Artillery Systems, Mortars and Other Artillery Systems. The global Artillery and Systems market is expected to be led by Asia Pacific with a share of more than 40% over the forecast period, followed by North America and Europe.

The demand for artillery and systems is primarily driven by the anticipated procurement by major defense spending countries that are currently involved in conflicts, and emerging economies involved in territorial disputes and countering insurgencies. In addition, the need to maintain a sufficient inventory of second line of fire artillery systems for militaries across the World and the increasing demand for training systems is also anticipated to have a positive impact on demand.

Modernization initiatives undertaken by various countries are focusing on the upgrade of existing firearms and the induction of new advanced models such as self-propelled howitzer - XM 2001 and advanced Towed Artillery Gun System (ATAGS) are also expected to encourage spending.

Key Topics Covered:

  1. Executive Summary
  2. Global Artillery and Systems Market - Overview
  3. Market Dynamics
  4. Artillery and Systems Market - Segment Analysis
  5. Regional Review
  6. Artillery and Systems Market - Regional Analysis
  7. Trend Analysis - Key Defense Markets
  8. Key Programs Analysis
  9. Competitive Landscape Analysis

Companies Mentioned

  • Elbit Systems
  • Lockheed Martin
  • BAE Systems
  • Nexter Systems
  • China North Industries Corporation (NORINCO)
  • Avibras
  • Samsung Techwin.

For more information about this report visit http://www.researchandmarkets.com/research/48wmr4/the_global