Automatic Weapons Market Size, Evaluating Share, Trends, and Growth Forecast for 2023-2030
Automatic weapons are firearms that are capable of firing multiple rounds with a single pull of the trigger. These weapons have the ability to rapidly discharge a large amount of ammunition, making them highly effective in combat situations.
The Automatic Weapons Market Share reached USD 8.71 billion in 2023 and is anticipated to reach USD 15 billion by 2031, growing at a CAGR of 6.85% over the forecast period from 2024 to 2031.
Profitable regional markets that influence the growth of the global market are identified in the Automatic Weapons market research report. The study also includes a breakdown of the market's regional distribution, a SWOT analysis, a profitability index, and a primary market share analysis. The market study also discloses the current positions of important companies in the fast-paced economic environment of today. The report's objective is to provide a comprehensive, quantitative study of the market that accounts for product capacity, product use, consumer demand, and market expansion.
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Key Players:
- Northrop Grumman
- Rheinmetall AG
- ST Engineering
- BAE Systems
- Denel Land Systems
- KBP Instrument Design Bureau,
- Heckler & Koch AG
- Kalashnikov Concern
- Israel Weapon Industries
A Automatic Weapons market analysis will address concerns with the global market as well as competitive threats, windows of opportunity, growth dynamics, service providers, customers, competitor profiles, and major market players. The global market study analyses the competitive environment in depth while concentrating on the most successful companies. Additionally, the sector's geographical makeup and the leading global industries are covered in the research.
Segmentation View
By Type
- Fully Automatic
- Semi-Automatic
By Product
- Automatic Rifles
- Machine Guns
- Light Machine Guns (LMG)
- Medium Machine Guns (MMG)
- Heavy Machine Guns (HMG)
- Automatic Launchers
- Grenade Launchers
- Missile Launchers
- Mortar Launchers
- Automatic Cannons
- Gatling Guns
By Caliber
- Small Caliber
- 56mm
- 62mm
- 7mm
- 5mm
- Medium Caliber
- 20mm
- 25mm
- 30mm
- 40mm
- Others
- Large Caliber
By End Use
- Land
- Battle Tanks
- Armored Fighting Vehicles (AFVS)
- Light Protected Vehicles (LPVS)
- Naval
- Destroyers
- Frigates
- Corvettes
- Offshore Patrol Vessels (OPVS)
- Airborne
- Helicopters
- Combat Support Aircraft
- Fighter Aircraft
- Handheld & Stationary
Competitive Outlook
The market revenues of the leading firms in the sector are forecast using secondary and primary data, and the Automatic Weapons market study also includes key participant competences. Both the primary and secondary research budgets used secondary research to analyze market shares. Surveys, expert opinions, profiles, and secondary ratings from trade journals, business directories, and sponsored sources were used in the market analysis.
COVID-19 Impact Analysis
The COVID-19 pandemic's short- and long-term market consequences have been discussed in the Automatic Weapons market research, which will assist decision-makers in developing industry-specific short- and long-term business plans.
Report Highlights
- A quantitative and qualitative analysis of the industry's value chain.
- A Automatic Weapons market study looks at information gathered from several business experts
- The market study includes classifications, customer profiles, cost structures, and production processes.
Key questions answered in the report:
- How have global markets been impacted by the Russia-Ukraine situation?
- What potential future challenges could the global market face?
- Which major market trends are driving the industry's expansion?
- In the upcoming years, what growth prospects are predicted for the Automatic Weapons market?
- How do the participants intend to maintain their standing in the world market?
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