Automatic Weapons Market Size, Share & Segmentation 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) and By Regions | Global Market Forecasts 2023-2030
Report Id: SNS/A&D/1122 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Automatic Weapons Market Size was valued at USD 8.06 billion in 2022 and is expected to reach USD 14.88 billion by 2030, and grow at a CAGR of 7.98% over the forecast period 2023-2030. The global market is seeing the emergence of market factors such as rising demand for precision weapon systems in the majority of developing and emerging countries, followed by advancements in land warfare systems and continuous upgradation of existing combat platforms. In addition, interconnected warfare is expected to drive the automatic weapons market during the forecast period ending in 2028.
Automatic weapons, which include semi-automatic and fully automatic firearms, are a type of self-loading weapon. An automatic firearm fire rounds indefinitely as long as the trigger is depressed and ammunition is present in the magazine. A semi-automatic firearm, on the other hand, fires one round with each trigger pull. Anti-aircraft machine guns, for example, have extremely high rates of fire to maximize the likelihood of a hit. These guns are also mounted on fast-attacking vehicles like tanks and other combat vehicles. Different governments are investing heavily in the acquisition of automatic weapons in order to act efficiently during warfare.
MARKET DYNAMICS:
KEY DRIVERS:
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Terrorism increases
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Armed conflict among countries
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Enhancing technology
RESTRAINTS:
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High defense budget
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Stringent manufacturing standards
OPPORTUNITIES:
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Identify rising demand
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Always evolving
THE IMPACT OF COVID-19
Because of the COVID-19 situation, the supply chain of spare parts for fully automatic weapons, such as machine gun components, has been hampered due to declared lockdowns around the world.
The unpredictable spread and outbreak of the coronavirus novel in 2020 did not present positive trends or news of automated arms market growth during the ongoing forecast period that will end in 2028. The advent of the epidemic challenged them to support humanity and their way of life.
The uninvited arrival of the Covid-19 epidemic has also had an impact on emerging markets such as drivers and restrictions and has disrupted the growing level of global market competition, followed by global demand and supply chain assets. 2028.
Registered revenues are declining in the 2020 epidemic year and maybe steadily rise since the beginning of the 2022 forecast period. This is because the global market saw a growing need to re-market the growing potential of the global market and therefore, to meet the demand of target audiences distributed in various parts of the world that are part of the market. Global market companies may choose to upgrade their operating systems and their strategy will support and win the competition.
IMPACT OF UKRAINE AND RUSSIA CRISIS
We are constantly monitoring and updating reports on the political and economic uncertainty caused by Russia's invasion of Ukraine. Negative consequences are widely anticipated around the world, particularly in Eastern Europe, the European Union, Eastern and Central Asia, and the United States. This dispute has had a significant impact on people's lives and livelihoods, as well as caused significant disruptions in trade dynamics. The potential effects of the ongoing war and uncertainty in Eastern Europe are expected to have a negative impact on the global economy, with Russia bearing the brunt of the long-term consequences.
This report examines the impact of demand and supply, pricing variants, vendor strategic uptake, and recommendations for the Automatic Weapons market in light of the most recent conflict update and global response.
By End-Use:
The automatic weapons market has been divided into four segments based on end-use: land, naval, airborne, and handheld & stationary. During the forecast period, the land segment is expected to grow at the fastest CAGR. The increasing focus on close combat systems, upgradation of existing armored platforms, need for connected warfare systems, and safety of soldiers in war-like situations, among other factors, can be attributed to the rising demand for automatic weapons.
By Type:
The use of automatic weapons in defense has grown significantly in recent years, owing primarily to the increased production of warfare platforms around the world. These warfare platforms necessitate weapon systems that can be operated semi-automatically or fully automatically.
By Product:
The automatic rifle segment leads the automatic weapons market in terms of product. Automatic rifles fire continuously until the last round is fired, whereas self-loading or semi-automatic rifles require the shooter to press the trigger after each shot. Self-loading rifles outperform automatic rifles in terms of accuracy. Given its large production and demand in Europe and the United States, the automatic rifles segment is expected to account for the largest share of the global automatic weapons market.
COMPETITIVE LANDSCAPE:
The key market player in the global automatic weapons market are General Dynamics Corporation, Northrop Grumman, Rheinmetall AG, ST Engineering, KBP Instrument Design Bureau, Heckler & Koch AG, and Other players.
KEY MARKET SEGMENT:S
by Type
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Fully Automatic
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Semi-Automatic
by Caliber
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Small Caliber
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Medium Caliber
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Large Caliber
by Product
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Automatic Rifle
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Machine Gun
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Automatic Launchers
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Automatic Cannon
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Gatling Gun
by End-Use
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Land
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Naval
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Airborne
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Handheld
REGIONAL ANALYSIS:
Asia Pacific, North America, Europe, Latin America, and the Rest of the World are the key regions considered for the global Automatic Weapons market study. North America leads the world in terms of market share due to the continuous upgrade of warfare platforms with newer technologies. Asia-Pacific, on the other hand, is expected to grow at the fastest rate between 2022 and 2028. Rising conflicts between nations, as well as the presence of Indo-Pacific strategic advantage, would create lucrative growth prospects for the Asia-Pacific Automatic Weapons market.
REGIONAL COVERAGE:
North America
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USA
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Canada
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Mexico
Europe
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Germany
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UK
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France
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Italy
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Spain
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The Netherlands
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Rest of Europe
Asia-Pacific
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Japan
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south Korea
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China
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India
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Australia
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Rest of Asia-Pacific
The Middle East & Africa
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Israel
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UAE
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South Africa
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Rest of Middle East & Africa
Latin America
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Brazil
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Argentina
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Rest of Latin America
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 8.06 Billion |
| Market Size by 2030 | US$ 14.88 Billion |
| CAGR | CAGR of 7.98% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| 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 (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | General Dynamics Corporation, Northrop Grumman, Rheinmetall AG, ST Engineering, KBP Instrument Design Bureau, Heckler & Koch AG, and Other players. |
| Key Drivers | • Terrorism increases • Armed conflict among countries |
| RESTRAINTS | • High defense budget • Stringent manufacturing standards |
Frequently Asked Questions (FAQ) :
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automatic Weapons Market, by Type
8.1 Fully Automatic
8.2 Semi-Automatic
9. Global Automatic Weapons Market, by caliber
9.1 Small Caliber
9.2 Medium Caliber
9.3 Large Caliber
10. Global Automatic Weapons Market, by Product
10.1 Automatic Rifle
10.2 Machine Gun
10.3 Automatic Launchers
10.4 Automatic Cannon
10.5 Gatling Gun
11. Global Automatic Weapons Market, by end-use
11.1 Land
11.2 Naval
11.3 Airborne
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 General Dynamics Corporation
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Northrop Grumman
13.3 Rheinmetall AG
13.4 ST Engineering
13.5 KBP Instrument Design Bureau
13.6 Heckler & Koch AG
13.7 Others
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
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