In accordance with this study, the Global Automatic Weapons Market value registered in 2021 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2028 with a CAGR of XX% during the period of 2022-2028.
An automatic weapon is a portable firearm that continuously fires round as long as the trigger is pressed and it reloads another round mechanically after the first round has been fired. Automatic weapons such as anti-aircraft machine guns have extremely high rates of fire to maximize the probability of a hit. These guns are also mounted on fast attacking vehicles such as tanks and other fighting vehicles.
Market Dynamics
The increasing modernization in the military infrastructure such as usage of automatic weapons on battlefields is propelling the growth of automatic weapons market. Furthermore, growing technological advancements in traditional weapons have led to the development of high-precision weapons system, which in turn boosting the market growth. However, stringent manufacturing standards and high cost associated with the development of automatic weapons hamper the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of automatic weapons.
Market Segmentation
The study offers a decisive view of the global automatic weapons market by segmenting it in terms of product and end-use. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Product
- Automatic Rifles
- Machine Guns
- Light Machine Guns (LMG)
- Medium Machine Guns (MMG)
- Automatic Launchers
- Grenade Launchers
- Missile Launchers
- Mortar Launchers
- Automatic Cannons
- Gatling Guns
By End-Use
Regional Analysis
This section covers automatic weapons market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global automatic weapons market along with the individual application segment across all the prominent region.
Global Automatic Weapons Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Automatic Weapons market are BAE Systems, Barrett Firearms Manufacturing, China North Industries Corporation, Colt's Manufacturing Company LLC, Denel Land Systems, FN Herstal, General Dynamics Corporation, Heckler & Koch AG, Israel Weapon Industries (IWI) Ltd, Kalashnikov Concern, KBP Instrument Design Bureau, Northrop Grumman, Rheinmetall AG, ST Engineering, and Ukroboroprom. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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