North America Mortar Systems Market Outlook to 2030

North America Mortar Systems Market Overview

• The North America Mortar Systems Market is currently valued at USD 760 million, based on a five-year historical analysis. Growth is primarily driven by increasing military modernization efforts, rising defense budgets, and demand for advanced combat support systems. Technological innovations such as automated targeting and enhanced mobility features further contribute to expanding market applications, supporting strategic ground operations and defense readiness.
• The United States leads the Market, attributed to its substantial defense spending and extensive military infrastructure. Major cities like Washington D.C., Arlington, and San Diego play pivotal roles due to their concentration of defense contractors and military bases. Canada also contributes notably with its focus on collaborative defense strategies, investing in advanced mortar systems to enhance operational capabilities within its armed forces.
• Defense procurement standards in North America are governed by comprehensive regulations to ensure the acquisition of reliable and effective military equipment. In the United States, the Department of Defense (DoD) adheres to the Defense Federal Acquisition Regulation Supplement (DFARS), which implements the Buy American Act (BAA). Recent amendments have increased the domestic content threshold for defense procurements, requiring that, from 2024 through 2028, 65% of a product's components be sourced domestically, rising to 75% beginning in 2029

North America Mortar Systems Market Segmentation

• By Mortar Type: The North America Mortar Systems Market is segmented by mortar type into 60mm Mortars, 81mm Mortars, and 120mm Mortars. Recently, 120mm Mortars have dominated the product type segmentation due to their extended range and greater firepower, making them indispensable for critical combat scenarios. Their integration into advanced vehicle-mounted platforms increases their deployment in high-intensity conflict zones, supporting their dominance in the market.
• By Platform: The market is further segmented by platform into Towed Mortars, Vehicle-Mounted Mortars, and Man-Portable Mortars. Vehicle-Mounted Mortars hold a dominant share within this segment due to their rapid deployment capabilities and integration with modern armored vehicles. This allows for effective operational mobility and improved response in dynamic combat settings, particularly suited for U.S. military requirements.

North America Mortar Systems Market Competitive Landscape

The North America Mortar Systems Market is characterized by major players such as BAE Systems, Raytheon Technologies, and Lockheed Martin, which dominate the market due to their advanced technological offerings and extensive defense contracts. These companies maintain their competitive edge by continuously innovating mortar systems with advanced targeting and mobility features, reinforcing their position in the market.

North America Mortar Systems Market Analysis

Growth Drivers

• Rising Urban Military Demand: The increase in urban population in North America is creating a strategic demand for advanced mortar systems suited for urban warfare. According to the World Bank, North Americas urban population reached 302 million in 2023, which places increased pressure on urban defense capabilities. This growth is pushing defense agencies to adopt mortar systems optimized for congested, built-up areas, ensuring precision and minimizing collateral damage. Governments are responding with higher defense allocations to cater to urban warfare needs, with U.S. defense spending reaching USD 820 billion in 2023, a portion of which is earmarked for urban combat technologies.
• Technological Advancements in Ammunition: Technological innovation in ammunition is critical to enhancing the performance of mortar systems, with North America leading investments in precision-guided munitions. The U.S. Department of Defense allocated a substantial amount for guided missile and precision ammunition development in 2023, a significant portion aimed at upgrading mortar systems. These advancements allow for more accurate and versatile deployment, even in challenging terrains, and facilitate extended operational range. These technological improvements directly address regional defense demands and are expected to continue as defense forces adopt cutting-edge ammunition solutions.
• Increased Defense Budgets: North Americas defense budgets are experiencing a consistent rise, significantly benefiting the mortar systems market. The U.S. and Canada, key players in this region, together allocated over $900 billion for defense spending in 2023. A segment of this budget is directed toward upgrading artillery systems, including mortars, to maintain regional security and readiness. As a part of NATO, these countries also contribute to mutual defense initiatives that encourage advancements in weaponry and strategic equipment, reinforcing the demand for advanced mortar systems.

Market Challenges

• Operational Complexity: Mortar systems require significant training and expertise to operate effectively, adding to the complexity of deployment in combat zones. The operational intricacies demand specialized training programs, as these systems involve advanced targeting, calibration, and safety protocols. This complexity results in increased time and resources dedicated to training personnel, posing challenges for market expansion. Smaller defense units may face limitations in adopting these systems, as effective deployment and utilization require a high degree of specialized skills among operators.
• High Maintenance Costs: Maintaining and upgrading mortar systems involves considerable costs, which can hinder growth in this segment. Mortar systems require regular calibration, compatibility checks with different types of ammunition, and routine repairs due to wear and tear, especially in demanding operational environments. These maintenance requirements add to the lifecycle cost, which can slow down procurement rates, particularly among smaller defense contractors or allied forces with limited budgets.

North America Mortar Systems Market Future Outlook

The North America Mortar Systems Market is projected to grow through 2028, driven by continuous investments in defense technologies and modernization initiatives. Demand for mortar systems with enhanced digital integration and autonomous targeting capabilities is expected to rise, aligning with the defense strategies of the U.S. and Canada. Additionally, innovations in lightweight and mobile mortar solutions are anticipated, allowing for rapid deployment across diverse terrains and conflict scenarios.

Future Market Opportunities

• Advanced Targeting Integration: The integration of advanced targeting systems is creating growth opportunities within the North American mortar systems market. Defense initiatives are driving development in this area, with the U.S. military investing a notable amount in targeting systems in 2023, aimed at increasing accuracy and reducing collateral impact. Mortar systems integrated with advanced targeting solutions will be able to cater to precise urban and field combat requirements, appealing to military agencies focused on minimizing risk. This integration is poised to make mortar systems more relevant in modern warfare.
• Joint Ventures with Armed Forces: Collaborative projects between defense manufacturers and armed forces are becoming prominent, allowing companies to tailor products to specific requirements. In 2023, North American defense companies saw a substantial increase in joint projects with the U.S. Department of Defense. Such ventures not only provide product customization but also foster technology-sharing initiatives, leading to innovations that improve the mortar systems market. These partnerships ensure that mortar systems remain compatible with evolving military strategies and operational needs, supporting the future growth of this market segment.