Automatic Weapons Market size was valued at USD 8.71 Bn in 2023 and is expected to reach USD 15 Bn by 2031 and grow at a CAGR of 6.85 % over the forecast period 2024-2031.
The automatic weapons market is being driven by factors such as Increasing demand in emerging countries, advancements in land warfare systems, and ongoing upgrades to combat platforms for interconnected warfare. Recent regional conflicts, such as those between Turkey and Cyprus, India and Pakistan, and Russia and Ukraine, highlight the need for advanced weaponry. Defense spending is increasing, particularly in developing nations, spurring procurement of modern firearms and automation-focused weapon systems. These investments are driven by both external threats and internal conflicts, necessitating the development and purchase of advanced weapons to modernize defense capabilities. The focus is on precision weapon systems to counter terrorism and to address growing regional tensions. The market is growing due to the introduction of high-tech, lightweight automatic weapons and intelligent systems.
Get More Information on Automatic Weapons Market - Request Sample Report
Drivers
Rising demand for precision weapon systems in emerging countries.
Advancement in land warfare systems, leading to increased adoption of automatic weapons.
Continuous upgradation of existing combat platforms for Improved performance.
Interconnected warfare strategies driving the need for advanced weaponry.
Recent regional conflicts emphasize the importance of advanced weapons.
The Growing demand for precision weapon systems in emerging countries signifies a strategic shift towards advanced military capabilities. For instance, according to recent reports, countries such as India and Brazil have significantly increased their procurement of precision-guided munitions. This trend is driven by the need for greater accuracy and efficiency in modern warfare scenarios, with precision weapons offering accuracy rates exceeding 90% compared to conventional munitions. The integration of advanced technologies such as GPS guidance systems and laser targeting has further Drive this demand, as evidenced by the substantial growth in global precision weapon sales, reaching over $32 billion in 2022.
Restraints
Stringent regulations and export restrictions on automatic weapons.
Ethical concerns and international pressure regarding the proliferation of advanced weaponry.
High costs associated with the development and procurement of automatic weapons.
Potential risk of misuse or unauthorized access to automatic weapons.
The market growth is hindered by the substantial initial development costs associated with their advanced technology. These firearms incorporate sophisticated fire control and heads-up display technologies aimed at enhancing operational efficiency, especially for long-range targeting. Companies are actively engaged in research and development efforts to create cost-effective solutions for precision firearms, striving to mitigate the financial barrier to entry in this segment.
Opportunities
Growing defense spending, particularly in developing countries, creates procurement opportunities.
Increasing focus on modernization of defense equipment, driving demand for advanced weapons.
Rising incidents of terrorism necessitating precision weapon systems and intelligent weaponry.
Technological advancements leading to the development of high-tech, lightweight automatic weapons.
Growing defense spending in developing countries presents significant procurement opportunities in the automatic weapons market. As these nations allocate more resources to bolster their military capabilities, there's a growing demand for advanced weaponry and defense systems. This trend not only reflects a focus on national security but also drives innovation and competition among manufacturers to meet the evolving needs of these markets. The procurement opportunities encompass a wide range of automatic weapons, from rifles to heavy machine guns, as developing countries look to modernize their armed forces and improves their operational capabilities. This surge in defense spending also opens doors for collaboration and partnerships between domestic and international defense firms, facilitating technology transfers and knowledge sharing in the automatic weapons sector.
Challenges
Competition among manufacturers to develop and offer Advanced automatic weapons.
Addressing concerns related to the reliability and safety of automatic weapons.
Adapting to evolving geopolitical dynamics and emerging threats to national security.
Impact of Russia-Ukraine War
During the Russia-Ukraine conflict, the procurement of military weapons is expected to drive market growth significantly. According to the Stockholm International Peace Research Institute (SIPRI), the U.S. remains the largest exporter of conventional weapon systems, accounting for about 40% of major arms exports from 2018 to 2022. In comparison, Russia's share was 16% during the same period. The report indicates a 47% increase in European arms imports amid a 5% global trade decrease. Given the ongoing arms supplies to Ukraine by the U.S. and European nations, it is likely that imports to Europe will further rise, reflecting the growing demand for military equipment in the region.
Economic Downturn
During recent economic downturns, the automatic weapons market has faced challenges, with global arms sales declining by approximately 6% in 2020 due to reduced defense budgets. This downturn results to postponed procurement programs and decreased investments in costly weapon systems. For example, some countries reduced defense spending by up to 10% during this period, impacting market growth. Economic uncertainties also deterred potential customers from making significant investments in advanced weaponry, affecting revenue generation for manufacturers. economic uncertainties can deter potential customers from making substantial investments in costly automatic weapons systems, further impacting market dynamics and revenue generation.
Segmental Analysis
By Type
Fully Automatic
Semi-Automatic
The largest market share during the forecast period is expected to be held by the Semi-automatic segment, driven by Growing demand from countries Such as Ukraine, India, Pakistan, and Syria seeking to manage regional tensions. The fully automatic segment is anticipated to exhibit a higher CAGR, primarily due to the convenience and accessibility of these weapons in battlefield scenarios.
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
In 2023, The Automatic Rifles Segment Dominates the market, with holding Revenue share of more than 40.5%, driven by Increasing demand from Asian armed forces. The machine gun segment is expected to grow faster from 2024-2031, driven by increased use in naval and border security operations, especially with a shift towards lighter models. The automatic launcher segment, encompassing grenades, missiles, and mortars, is seeing Increasing demand, particularly for integrated 40mm grenade launchers by NATO forces. The investments from major Countries such as the U.S. and Russia to upgrade long-range missile launchers and short-range mortar launchers are anticipated to drive market expansion. Furthermore, lightweight automatic cannons and the expanding use of Gatling guns in combat aircraft and naval vessels are expected to contribute to market growth.
Get Customized Report as per Your Business Requirement - Request For Customized Report
By Caliber
Small Caliber
5.56mm
7.62mm
12.7mm
14.5mm
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
The airborne segment is anticipated to show a significant CAGR, driven by the adoption of advanced combat systems in fighter aircraft, combat support aircraft, and helicopters. The handheld & stationary segment is poised for substantial growth, driven by increased demand from Middle Eastern countries Such as Israel, Saudi Arabia, and Turkey aiming to Improve their defense capabilities.
Regional
North American Region is dominates market with Contributing revenue share of more than 35%, this growth is attributed to prominent players such as General Dynamics Corporation, Northrop Grumman Corporation, and Colt’s Manufacturing Company LLC in the U.S., where the government is actively strengthening automated weapons and military vehicles. Russia, ranking second globally in arms exports according to SIPRI, contributes to this growth. The Asia-Pacific market is anticipated to grow with significant CAGR, Driven by China and India's growing arms industries and investments from major countries such as China North Industries Corporation (Norinco) and Ordinance Factory Board (India).
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Key Players
The Major Players in market are Northrop Grumman, Rheinmetall AG, ST Engineering, BAE Systems, Denel Land Systems, KBP Instrument Design Bureau, Heckler & Koch AG, Kalashnikov Concern, Israel Weapon Industries & Other Players
Rheinmetall AG-Company Financial Analysis
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 8.71 Billion |
Market Size by 2031 | US$ 15 Billion |
CAGR | CAGR of 6.85 % From 2024 to 2031 |
Base Year | 2022 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • by Type (Fully Automatic, Semi-Automatic) • by Product (Automatic Rifle, Machine Gun, Automatic Launchers, Automatic Cannon, Gatling Gun) • by caliber (Small Caliber, Medium Caliber, Large Caliber) • by end-use (Land, Naval, Airborne) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | General Dynamics Corporation, Northrop Grumman, Rheinmetall AG, ST Engineering, KBP Instrument Design Bureau, Heckler & Koch AG |
Key Drivers | • Terrorism increases • Armed conflict among countries |
RESTRAINTS | • Low defense budget • Stringent manufacturing standards |
The market size of the Automatic Weapons Market was valued at USD 8.71 billion in 2023.
The growth rate of the Automatic Weapons Market is 6.85 % over the forecast period 2024-2031.
The key players of the Automatic Weapons Market are General Dynamics Corporation, Northrop Grumman, Rheinmetall AG, ST Engineering, KBP Instrument Design Bureau, Heckler & Koch AG.
North America region dominated the Automatic Weapons Market.
The Automatic Weapons Market is segmented into 4 types: By Type, By Product, By Caliber, and By End-user.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Automatic Weapons Market Segmentation, By Type
9.1 Introduction
9.2 Trend Analysis
9.3 Fully Automatic
9.4 Semi-Automatic
10. Automatic Weapons Market Segmentation, By Product
10.1 Introduction
10.2 Trend Analysis
10.3 Automatic Rifles
10.4 Machine Guns
10.4.1 Light Machine Guns (LMG)
10.4.2 Medium Machine Guns (MMG)
10.4.3 Heavy Machine Guns (HMG)
10.5 Automatic Launchers
10.5.1 Grenade Launchers
10.5.2 Missile Launchers
10.5.3 Mortar Launchers
10.6 Automatic Cannons
10.7 Gatling Guns
11. Automatic Weapons Market Segmentation, By Caliber
11.1 Introduction
11.2 Trend Analysis
11.3 Small Caliber
11.3.1 5.56mm
11.3.2 7.62mm
11.3.3 12.7mm
11.3.4 14.5mm
11.4 Medium Caliber
11.4.1 20mm
11.4.2 25mm
11.4.3 30mm
11.4.4 40mm
11.4.5 Others
11.5 Large Caliber
12. Automatic Weapons Market Segmentation, By End Use
12.1 Introduction
12.2 Trend Analysis
12.3 Land
12.3.1 Battle Tanks
12.3.2 Armored Fighting Vehicles (AFVS)
12.3.3 Light Protected Vehicles (LPVS)
12.4 Naval
12.4.1 Destroyers
12.4.2 Frigates
12.4.3 Corvettes
12.4.4 Offshore Patrol Vessels (OPVS)
12.5 Airborne
12.5.1 Helicopters
12.5.2 Combat Support Aircraft
12.5.3 Fighter Aircraft
12.6 Handheld & Stationary
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Automatic Weapons Market by Country
13.2.3 North America Automatic Weapons Market By Type
13.2.4 North America Automatic Weapons Market By Product
13.2.5 North America Automatic Weapons Market By Caliber
13.2.6 North America Automatic Weapons Market By End Use
13.2.7 USA
13.2.7.1 USA Automatic Weapons Market By Type
13.2.7.2 USA Automatic Weapons Market By Product
13.2.7.3 USA Automatic Weapons Market By Caliber
13.2.7.4 USA Automatic Weapons Market By End Use
13.2.8 Canada
13.2.8.1 Canada Automatic Weapons Market By Type
13.2.8.2 Canada Automatic Weapons Market By Product
13.2.8.3 Canada Automatic Weapons Market By Caliber
13.2.8.4 Canada Automatic Weapons Market By End Use
13.2.9 Mexico
13.2.9.1 Mexico Automatic Weapons Market By Type
13.2.9.2 Mexico Automatic Weapons Market By Product
13.2.9.3 Mexico Automatic Weapons Market By Caliber
13.2.9.4 Mexico Automatic Weapons Market By End Use
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Automatic Weapons Market by Country
13.3.2.2 Eastern Europe Automatic Weapons Market By Type
13.3.2.3 Eastern Europe Automatic Weapons Market By Product
13.3.2.4 Eastern Europe Automatic Weapons Market By Caliber
13.3.2.5 Eastern Europe Automatic Weapons Market By End Use
13.3.2.6 Poland
13.3.2.6.1 Poland Automatic Weapons Market By Type
13.3.2.6.2 Poland Automatic Weapons Market By Product
13.3.2.6.3 Poland Automatic Weapons Market By Caliber
13.3.2.6.4 Poland Automatic Weapons Market By End Use
13.3.2.7 Romania
13.3.2.7.1 Romania Automatic Weapons Market By Type
13.3.2.7.2 Romania Automatic Weapons Market By Product
13.3.2.7.3 Romania Automatic Weapons Market By Caliber
13.3.2.7.4 Romania Automatic Weapons Market By End Use
13.3.2.8 Hungary
13.3.2.8.1 Hungary Automatic Weapons Market By Type
13.3.2.8.2 Hungary Automatic Weapons Market By Product
13.3.2.8.3 Hungary Automatic Weapons Market By Caliber
13.3.2.8.4 Hungary Automatic Weapons Market By End Use
13.3.2.9 Turkey
13.3.2.9.1 Turkey Automatic Weapons Market By Type
13.3.2.9.2 Turkey Automatic Weapons Market By Product
13.3.2.9.3 Turkey Automatic Weapons Market By Caliber
13.3.2.9.4 Turkey Automatic Weapons Market By End Use
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe Automatic Weapons Market By Type
13.3.2.10.2 Rest of Eastern Europe Automatic Weapons Market By Product
13.3.2.10.3 Rest of Eastern Europe Automatic Weapons Market By Caliber
13.3.2.10.4 Rest of Eastern Europe Automatic Weapons Market By End Use
13.3.3 Western Europe
13.3.3.1 Western Europe Automatic Weapons Market by Country
13.3.3.2 Western Europe Automatic Weapons Market By Type
13.3.3.3 Western Europe Automatic Weapons Market By Product
13.3.3.4 Western Europe Automatic Weapons Market By Caliber
13.3.3.5 Western Europe Automatic Weapons Market By End Use
13.3.3.6 Germany
13.3.3.6.1 Germany Automatic Weapons Market By Type
13.3.3.6.2 Germany Automatic Weapons Market By Product
13.3.3.6.3 Germany Automatic Weapons Market By Caliber
13.3.3.6.4 Germany Automatic Weapons Market By End Use
13.3.3.7 France
13.3.3.7.1 France Automatic Weapons Market By Type
13.3.3.7.2 France Automatic Weapons Market By Product
13.3.3.7.3 France Automatic Weapons Market By Caliber
13.3.3.7.4 France Automatic Weapons Market By End Use
13.3.3.8 UK
13.3.3.8.1 UK Automatic Weapons Market By Type
13.3.3.8.2 UK Automatic Weapons Market By Product
13.3.3.8.3 UK Automatic Weapons Market By Caliber
13.3.3.8.4 UK Automatic Weapons Market By End Use
13.3.3.9 Italy
13.3.3.9.1 Italy Automatic Weapons Market By Type
13.3.3.9.2 Italy Automatic Weapons Market By Product
13.3.3.9.3 Italy Automatic Weapons Market By Caliber
13.3.3.9.4 Italy Automatic Weapons Market By End Use
13.3.3.10 Spain
13.3.3.10.1 Spain Automatic Weapons Market By Type
13.3.3.10.2 Spain Automatic Weapons Market By Product
13.3.3.10.3 Spain Automatic Weapons Market By Caliber
13.3.3.10.4 Spain Automatic Weapons Market By End Use
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands Automatic Weapons Market By Type
13.3.3.11.2 Netherlands Automatic Weapons Market By Product
13.3.3.11.3 Netherlands Automatic Weapons Market By Caliber
13.3.3.11.4 Netherlands Automatic Weapons Market By End Use
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland Automatic Weapons Market By Type
13.3.3.12.2 Switzerland Automatic Weapons Market By Product
13.3.3.12.3 Switzerland Automatic Weapons Market By Caliber
13.3.3.12.4 Switzerland Automatic Weapons Market By End Use
13.3.3.13 Austria
13.3.3.13.1 Austria Automatic Weapons Market By Type
13.3.3.13.2 Austria Automatic Weapons Market By Product
13.3.3.13.3 Austria Automatic Weapons Market By Caliber
13.3.3.13.4 Austria Automatic Weapons Market By End Use
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe Automatic Weapons Market By Type
13.3.3.14.2 Rest of Western Europe Automatic Weapons Market By Product
13.3.3.14.3 Rest of Western Europe Automatic Weapons Market By Caliber
13.3.3.14.4 Rest of Western Europe Automatic Weapons Market By End Use
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Automatic Weapons Market by Country
13.4.3 Asia-Pacific Automatic Weapons Market By Type
13.4.4 Asia-Pacific Automatic Weapons Market By Product
13.4.5 Asia-Pacific Automatic Weapons Market By Caliber
13.4.6 Asia-Pacific Automatic Weapons Market By End Use
13.4.7 China
13.4.7.1 China Automatic Weapons Market By Type
13.4.7.2 China Automatic Weapons Market By Product
13.4.7.3 China Automatic Weapons Market By Caliber
13.4.7.4 China Automatic Weapons Market By End Use
13.4.8 India
13.4.8.1 India Automatic Weapons Market By Type
13.4.8.2 India Automatic Weapons Market By Product
13.4.8.3 India Automatic Weapons Market By Caliber
13.4.8.4 India Automatic Weapons Market By End Use
13.4.9 Japan
13.4.9.1 Japan Automatic Weapons Market By Type
13.4.9.2 Japan Automatic Weapons Market By Product
13.4.9.3 Japan Automatic Weapons Market By Caliber
13.4.9.4 Japan Automatic Weapons Market By End Use
13.4.10 South Korea
13.4.10.1 South Korea Automatic Weapons Market By Type
13.4.10.2 South Korea Automatic Weapons Market By Product
13.4.10.3 South Korea Automatic Weapons Market By Caliber
13.4.10.4 South Korea Automatic Weapons Market By End Use
13.4.11 Vietnam
13.4.11.1 Vietnam Automatic Weapons Market By Type
13.4.11.2 Vietnam Automatic Weapons Market By Product
13.4.11.3 Vietnam Automatic Weapons Market By Caliber
13.4.11.4 Vietnam Automatic Weapons Market By End Use
13.4.12 Singapore
13.4.12.1 Singapore Automatic Weapons Market By Type
13.4.12.2 Singapore Automatic Weapons Market By Product
13.4.12.3 Singapore Automatic Weapons Market By Caliber
13.4.12.4 Singapore Automatic Weapons Market By End Use
13.4.13 Australia
13.4.13.1 Australia Automatic Weapons Market By Type
13.4.13.2 Australia Automatic Weapons Market By Product
13.4.13.3 Australia Automatic Weapons Market By Caliber
13.4.13.4 Australia Automatic Weapons Market By End Use
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific Automatic Weapons Market By Type
13.4.14.2 Rest of Asia-Pacific Automatic Weapons Market By Product
13.4.14.3 Rest of Asia-Pacific Automatic Weapons Market By Caliber
13.4.14.4 Rest of Asia-Pacific Automatic Weapons Market By End Use
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Automatic Weapons Market by Country
13.5.2.2 Middle East Automatic Weapons Market By Type
13.5.2.3 Middle East Automatic Weapons Market By Product
13.5.2.4 Middle East Automatic Weapons Market By Caliber
13.5.2.5 Middle East Automatic Weapons Market By End Use
13.5.2.6 UAE
13.5.2.6.1 UAE Automatic Weapons Market By Type
13.5.2.6.2 UAE Automatic Weapons Market By Product
13.5.2.6.3 UAE Automatic Weapons Market By Caliber
13.5.2.6.4 UAE Automatic Weapons Market By End Use
13.5.2.7 Egypt
13.5.2.7.1 Egypt Automatic Weapons Market By Type
13.5.2.7.2 Egypt Automatic Weapons Market By Product
13.5.2.7.3 Egypt Automatic Weapons Market By Caliber
13.5.2.7.4 Egypt Automatic Weapons Market By End Use
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia Automatic Weapons Market By Type
13.5.2.8.2 Saudi Arabia Automatic Weapons Market By Product
13.5.2.8.3 Saudi Arabia Automatic Weapons Market By Caliber
13.5.2.8.4 Saudi Arabia Automatic Weapons Market By End Use
13.5.2.9 Qatar
13.5.2.9.1 Qatar Automatic Weapons Market By Type
13.5.2.9.2 Qatar Automatic Weapons Market By Product
13.5.2.9.3 Qatar Automatic Weapons Market By Caliber
13.5.2.9.4 Qatar Automatic Weapons Market By End Use
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East Automatic Weapons Market By Type
13.5.2.10.2 Rest of Middle East Automatic Weapons Market By Product
13.5.2.10.3 Rest of Middle East Automatic Weapons Market By Caliber
13.5.2.10.4 Rest of Middle East Automatic Weapons Market By End Use
13.5.3 Africa
13.5.3.1 Africa Automatic Weapons Market by Country
13.5.3.2 Africa Automatic Weapons Market By Type
13.5.3.3 Africa Automatic Weapons Market By Product
13.5.3.4 Africa Automatic Weapons Market By Caliber
13.5.3.5 Africa Automatic Weapons Market By End Use
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria Automatic Weapons Market By Type
13.5.3.6.2 Nigeria Automatic Weapons Market By Product
13.5.3.6.3 Nigeria Automatic Weapons Market By Caliber
13.5.3.6.4 Nigeria Automatic Weapons Market By End Use
13.5.3.7 South Africa
13.5.3.7.1 South Africa Automatic Weapons Market By Type
13.5.3.7.2 South Africa Automatic Weapons Market By Product
13.5.3.7.3 South Africa Automatic Weapons Market By Caliber
13.5.3.7.4 South Africa Automatic Weapons Market By End Use
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa Automatic Weapons Market By Type
13.5.3.8.2 Rest of Africa Automatic Weapons Market By Product
13.5.3.8.3 Rest of Africa Automatic Weapons Market By Caliber
13.5.3.8.4 Rest of Africa Automatic Weapons Market By End Use
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Automatic Weapons Market by country
13.6.3 Latin America Automatic Weapons Market By Type
13.6.4 Latin America Automatic Weapons Market By Product
13.6.5 Latin America Automatic Weapons Market By Caliber
13.6.6 Latin America Automatic Weapons Market By End Use
13.6.7 Brazil
13.6.7.1 Brazil Automatic Weapons Market By Type
13.6.7.2 Brazil Automatic Weapons Market By Product
13.6.7.3 Brazil Automatic Weapons Market By Caliber
13.6.7.4 Brazil Automatic Weapons Market By End Use
13.6.8 Argentina
13.6.8.1 Argentina Automatic Weapons Market By Type
13.6.8.2 Argentina Automatic Weapons Market By Product
13.6.8.3 Argentina Automatic Weapons Market By Caliber
13.6.8.4 Argentina Automatic Weapons Market By End Use
13.6.9 Colombia
13.6.9.1 Colombia Automatic Weapons Market By Type
13.6.9.2 Colombia Automatic Weapons Market By Product
13.6.9.3 Colombia Automatic Weapons Market By Caliber
13.6.9.4 Colombia Automatic Weapons Market By End Use
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Automatic Weapons Market By Type
13.6.10.2 Rest of Latin America Automatic Weapons Market By Product
13.6.10.3 Rest of Latin America Automatic Weapons Market By Caliber
13.6.10.4 Rest of Latin America Automatic Weapons Market By End Use
14. Company Profiles
14.1 Northrop Grumman
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Rheinmetall AG
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 ST Engineering
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 BAE Systems
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Denel Land Systems
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 KBP Instrument Design Bureau
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Heckler & Koch AG
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Kalashnikov Concern
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Israel Weapon Industries
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 FN Herstal
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Drone Battery Market is expected to grow from USD 4.69 billion by 2022 to USD 20.81 billion by 2030, at a CAGR of 20.45 % from 2022 to 2030.
The Military Displays Market Size was valued at USD 1.2 billion in 2023 and is expected to reach USD 1.8 billion by 2031 with a growing CAGR of 5.1% over the forecast period 2024-2031.
The Military Trainer Aircraft Market Size was valued at USD 5.30 billion in 2023 and is expected to reach USD 6.78 billion by 2032 with a growing CAGR of 3.1% over the forecast period 2024-2032.
The Space power electronics market size was valued at USD 277.56 million in 2023 and is projected to reach USD 1088.76 million by 2032 with a growing CAGR of 16.4% Over the Forecast Period 2024-2032.
The Autonomous Navigation Market in 2023 was USD 5.2 billion and is expected to be valued at $22.08 billion by 2031 with a compound annual growth rate of 16.5% over the forecast period from 2024 to 2031.
The Space DC-DC Converter Market size was valued at USD 41.65 million in 2023 and is expected to reach USD 118.31 million by 2032 with a growing CAGR of 12.3% over the forecast period 2024-2032.
Hi! Click one of our member below to chat on Phone