The global howitzer artillery system market is experiencing a significant growth due to surge in cross border conflicts. Artillery system is a long-range weapon. Howitzer artillery is a type of artillery weapon systems characterized by a short barrel and the use of small propellant charges to propel projectiles over high trajectories, with a steep angle of descent. In addition, howitzer artillery gun aims & fires a projectile without relying on the direct line of sight between the target and artillery gun. Hence, artillery gun uses systems such as target acquisition system, communication system, and command & control system among others to fire at the designated target.

COVID-19 scenario analysis:
Artillery manufacturers are forced to shut down production operations due to supply chain disruption caused by the government policies to slow the spread of COVID-19.

Defense contractors are facing short term operational issues due to lack of workforce owing to travel restrictions imposed by authorities all over the world to control the COVID-19 outbreak.

Artillery gun shell manufacturers are also unable to produce and supply shells to the military agencies owing to the trade restrictions allowing only supply of essentials such as food and safety equipment.

Governments are diverting all financial resources to combat COVID-19 pandemic; hence procurement and deployment of artillery system will be adversely affected.

Travel ban imposed by authorities in the wake of COVID-19 will hamper the testing and development of artillery system due to defense system developer’s reliance on international workforce.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.alliedmarketresearch.com/request-toc-and-sample/9544

Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Surge in military expenditure, increase in demand for long range fire support, and rise in adoption of military modernization programs are the factors that drive the global mortar artillery system market. However, large storage facilities required for large artillery system hinders the market growth. On the contrary, self-propelled artillery system and automation of artillery firing system present new pathways in the industry.
The global mortar artillery system market trends are as follows:

Surge in military expenditure
Nations are investing in advance weapon system to establish dominance in the battlefield. Recently, in 2020, the US Department of Defense and BAE Systems (a British aerospace & defense company headquartered in Farnborough, UK) announced an agreement worth about 339 million USD for the production of 48 vehicle sets of M109A7 self-propelled howitzer (SPH) and its companion, the M992A3 carrier, ammunition, tracked (CAT) vehicle, including post-delivery support and spare parts. The M109A7 is the latest howitzer in the BAE Systems M109 family of vehicles, the primary indirect fire support system for the US Army’s Armored Brigade Combat Teams (ABCT). The improved chassis structure provides greater survivability and commonality with the existing systems in the ABCT, reducing operational sustainability costs by replacing obsolete components. In addition, the new M109A7 howitzer is intended to replace the M109A6 Paladin vehicle for increased combat capability and sustainment of the ABCTs. Such surge in military expenditure is expected to drive the global howitzer artillery system market.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧g : https://www.alliedmarketresearch.com/purchase-enquiry/9544

Key benefits of the report:

This study presents the analytical depiction of the global howitzer artillery system industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global howitzer artillery system market share.
The current market is quantitatively analyzed to highlight the global howitzer artillery system market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global howitzer artillery system market analysis based on competitive intensity and how the competition will take shape in coming years.

Request Customization : https://www.alliedmarketresearch.com/request-for-customization/9544

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]