Automatic Weapons Market Revenue Share Analysis, Market Growth Forecast, 2019–2027
The report provides comprehensive coverage of the Automatic Weapons market scenario for the current period and forecast timeline of 2021-2030. The Automatic Weapons market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions. The Global Automatic Weapons Market Report, published by Emergen Research, offers an industry-wide assessment of the Automatic Weapons market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2027.
The Global Automatic
Weapons Market is forecasted to be worth USD 9.32 billion by 2027,
according to a current analysis by Emergen Research. The key factors
influencing the market growth include growing adoption of the Automatic Weapons
in the special taskforce, rising domestic violence & terrorist attacks,
increasing interest in the adoption of mobile rocket launcers, anti-aircraft
& anti-submarine misiles, to name a few.
Besides, extensive rise in the cross-border conflict,
broadening the number of armed law enforcement troops & new taskforce
battalions, and asymmetric warfare & intercountry border conflicts are some
of the additional reasons behind the remarkable growth of the market. Also,
reduced manufacturing costs of the guns with the help of 3D printing
mechanisms, growing demand for the smart guns, and increasing usage of the
polymer in the arms industry are some of the subordinate market propelling
factors that create a huge breakthrough in the market growth.
The global market landscape of Automatic Weapons is expected
to remain in a very competitive and highly fragmented landscape consisting of a
number of both the small start-ups, medium enterprises, and large conglomerates.
During the projected era, increasing demand for technological development and
higher diversification in offered products ensure the enormous potential for
the innovative players.
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Key companies operating in the Automatic Weapons
market include:
Smith & Wesson Holding Corp., Freedom Group, Orbital ATK,
Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales
Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and
Raytheon Company, among others.
Further key findings from the report suggest
- In
January 2020, The Adani Group, an Indian conglomerate, announced its
acquisition of a Automatic Weapons business facility in Gwalior, India.
With this acquisition, the company entered in the light weapons business
where the company will be capable of producing machine guns, carbines, and
other Automatic Weapons.
- The
polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its
higher efficiency in the manufacturing with 3D printing techniques and
reduction in the overall costing with higher applicability in the sports
and hunting purposes.
- The
regions in the Asia Pacific lead by China, India, Pakistan, and South
& North Korea are allotting a considerable budget for their defense
& law enforcement grooming purposes. Besides, growing incidences of
interpersonal stand-offs, asymmetric warfare, terrorist activities,
domestic violence, along with higher economic development and enhancement
in the manufacturing industry, deliberately help propel market
enforcement.
For the purpose of this report, Emergen Research has segmented
into the global Automatic Weapons Market on the basis of Type, Platform,
Materials Used, Technology, Caliber Type, and Region:
Type Outlook (Revenue: USD Billion; Volume:
Thousand Units; 2017-2027)
- Automatic
Rifle
- Machine
Gun
- Light
Machine Gun (LMG)
- Medium
Machine Gun (MMG)
- Heavy
Machine Gun (HMG)
- Automatic
Launchers
- Grenade
launcher
- Mortar
Launcher
- Missile
Launcher
- Automatic
Cannon
- Gatling
Gun
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Platform Outlook (Revenue: USD Billion; Volume:
Thousand Units; 2017-2027)
- Land
- Battle
Tanks
- Armored
Fighting Vehicles
- Light
Protected Vehicles
- Naval
- Destroyers
- Frigates
- Corvettes
- Offshore
Patrol Vessels (OPVs)
- Airborne
- Fighter
Aircraft
- Helicopters
- Combat
Support Aircraft
Materials Used Outlook (Revenue: USD Billion;
Volume: Thousand Units; 2017-2027)
- Steel
- Aluminum
- Polymer
- Others
Technology Outlook (Revenue: USD Billion; Volume:
Thousand Units; 2017-2027)
- Fully
Automatic
- Semi-Automatic
Caliber Type Outlook (Revenue: USD Billion;
Volume: Thousand Units; 2017-2027)
- Small
- 56mm
- 62mm
- 7mm
- 5mm
- Others
- Medium
- 20mm
- 25mm
- 30mm
- 40mm
- Others
- Large
- 81mm
- 120mm
- Others
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Regional Outlook (Revenue: USD Billion; Volume:
Thousand Units; 2017-2027)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Russia
- UK
- Germany
- France
- BENELUX
- Asia
Pacific
- China
- Japan
- India
- Pakistan
- South
Korea
- North
Korea
- Rest
of APAC
- Latin
America
- Brazil
- Rest
of LATAM
- MEA
- Saudi
Arabia
- UAE
- Israel
- Rest
of MEA
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