Market Definition
The Automatic Weapons market refers to the sector involved in the design, manufacturing, and distribution of firearms capable of automatic fire. These weapons are designed to fire multiple rounds continuously with a single pull of the trigger, including machine guns, submachine guns, and assault rifles. Automatic weapons are used across various applications, including military operations, law enforcement, and private security. They are characterized by their capability to deliver sustained firepower, high rate of fire, and effectiveness in combat and tactical situations.
To Know More @ https://www.globalinsightservices.com/reports/automatic-weapons-market
Market Outlook
The Automatic Weapons market is anticipated to grow steadily, driven by several factors, including increasing defense expenditures, ongoing military modernization programs, and rising demand for security and law enforcement applications. The market’s growth is influenced by geopolitical tensions, regional conflicts, and the evolving nature of warfare, which underscore the need for advanced and reliable automatic weapons.
A key trend in the market is the advancement of weapon technology, including the integration of modern electronics and smart systems into automatic weapons. Features such as advanced targeting systems, electronic fire control, and enhanced ergonomics are becoming standard, improving the accuracy and operational effectiveness of these weapons. Innovations in ammunition technology, including the development of more effective and versatile ammunition types, also contribute to the market’s growth.
The increasing focus on modernization and upgrading of armed forces across the globe is driving demand for advanced automatic weapons. Many countries are investing in new weapon systems to replace outdated equipment and enhance their combat capabilities. This includes both the acquisition of new automatic weapons and the upgrading of existing systems to incorporate the latest technologies.
The law enforcement and private security sectors are also contributing to the market’s growth. As security concerns rise globally, there is a growing need for automatic weapons in counter-terrorism operations, riot control, and high-risk law enforcement situations. The adoption of automatic weapons by security agencies and private security firms reflects the increasing emphasis on maintaining public safety and addressing emerging threats.
The rise of asymmetric warfare and irregular conflicts, where non-state actors and insurgent groups are active, is another factor driving the demand for automatic weapons. These conflicts often involve the use of automatic weapons by various factions, necessitating the development and supply of reliable and effective firearms to meet the needs of armed forces and security personnel.
Request the sample copy of report @ https://www.globalinsightservices.com/request-sample/GIS25923
Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
Request For Report Customization @ https://www.globalinsightservices.com/request-customization/GIS25923
Market Segmentation
The report analyses the global Automatic Weapons Market based on type, caliber, product, end-user, and region.
Global Automatic Weapons Market by Type
Based on type, the Automatic Weapons Market is segmented into fully automatic, and semi-automatic. The semi-automatic segment is expected to dominate the market during the forecast period. The segment’s dominance may be attributed to the growing demand for semi-automatic weapon systems from Ukraine, India, Pakistan, and Syria in order to contain regional tensions. During the projection period, the fully automated category is expected to grow at a faster rate. This increase can be attributed to the ease of use of fully automatic weapons during wartime operations. The US Army, for example, has inked a 10-year, fixed-price, repeat-production contract to produce and supply two squad weapons, the XM5 rifle and XM250 automatic rifle, as well as the 6.8 Common Patrone ammunition family.
Global Automatic Weapons Market by Caliber
By caliber, the market is classified into small caliber, medium caliber, and large caliber. The small caliber segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period. The segment’s supremacy is attributed to small-caliber assault rifles’ superior performance, penetrating range, and lethality during military operations. Small calibers are utilized in assault rifles such as the Adcor A-556, Barrett REC7, and Colt CM901. During the projection period, the medium caliber category is expected to have a considerable CAGR. The expansion of the market can be attributable to medium caliber multifunctional ammunition with tracer capabilities. The medium caliber is divided into 20mm, 25mm, 30mm, 40mm, and other sizes. These calibers are commonly seen in firearms such as the Anzio rifle, M82 rifle, MK 108 assault rifle, and others. During the predicted period, the large caliber category may have substantial expansion. This rise can be linked to advancements in large-caliber machine guns, which have increased the range and precision of large-caliber weapon systems.
Global Automatic Weapons Market by Product
Based on product, the Automatic Weapons Market is segmented into automatic rifles, machine guns, automatic launchers, and gatling guns. In 2022, the automatic rifles segment dominated the market in terms of revenue and is expected to be the same during the upcoming years. In 2022, the automatic rifles sector dominated the market. The dominance is owing to an increase in demand for fully automatic rifles from various military forces, particularly those in Asian countries. For example, the machine gun category is expected to post a higher CAGR during 2023-2030 in December 2021, owing to the increased usage of machine guns by navy and border security forces during military operations. The segment’s expansion will be fueled by the replacement of traditional machine guns with light machine guns.
Global Automatic Weapons Market by End-User
Based on end-user, the Automatic Weapons Market is segmented into land, naval, airborne, and handheld & stationary. The land segment is expected to dominate the market during the forecast period. The increased deployment of battle tanks, AFVs, and LPVs in combat operations has contributed to this supremacy. Destroyers, frigates, corvettes, and Offshore Patrol Vessels (OPVS) comprise the naval section. The growing need for precision weapon systems on naval platforms from developed economies such as the United States and the United Kingdom will drive market expansion.
Major Players
The key players studied in the global Automatic Weapons Market are BAE Systems (U.K.) , Denel Land Systems (South Africa), FN Herstal (U.K.) , General Dynamics Corporation (U.S.) , Kalashnikov Concern (Russia) , KBP Instrument Design Bureau (Russia), Northrop Grumman Corporation. (U.S.), Rheinmetall AG (Germany), ST Engineering (Singapore) , and Israel Weapon Industries (IWI) (Israel) among others.
Request For Discounted Pricing @ https://www.globalinsightservices.com/request-special-pricing/GIS25923
Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
For In-Depth Competitive Analysis, Buy Now @ https://www.globalinsightservices.com/checkout/single_user/GIS25923
About Us
With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Infographic excel data pack, easy to analyze big data
- Robust and transparent research methodology
- Unmatched data quality and after sales service
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.