Military Rifle Market Report Scope & Overview:
The Military Rifle Market Several global trends will both drive and constrain the military rifle market. Increased modularity, digitalization, the growing presence of commercial off-the-shelf (COTS) technologies, weight reduction, and lethality are among them. With the increasing capability and availability of attachments, rifles are becoming increasingly modular, allowing soldiers to use weapons in a "plug-and-play" fashion. To meet the mission and environmental requirements, a variety of attachments can be added to weapon platforms. Modularity is achieved by attaching Picatinny rails to the body of a weapon. It is now common for rifles to be sold with a variety of attachments, such as suppressors, to reduce the signature of a rifle when firing. Future rifle platforms will also become more modular in terms of caliber types. The ability to quickly swap the barrel of a weapon will become increasingly popular among armed forces. This enables a weapon's role to be changed to meet the needs of the engagement.
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Due to the increasing amount of equipment that soldiers are expected to carry, weight reduction is still a major issue for many rifles. With lessons learned from Afghanistan and Iraq, questions about the effectiveness and lethality of the NATO 5.56mm round at range are beginning to emerge. The United States is likely to adopt a 6mm intermediate round. Forces that use the 5.56mm NATO round are likely to follow suit, resulting in a slew of rifle modernization programmers and increased competition. Current market participants will have to adapt to the change in caliber. In the short term, there will most likely be a growing demand for 7.62mm caliber weapons to meet engagement requirements. Metamaterial sciences and new projectile forms will have a significant impact on the market, with commercial and non-traditional players innovating.
MARKET DYNAMICS:
KEY DRIVERS
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Increased modularity
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Digitalization
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COTS technology
RESTRAINTS
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Weight
OPPORTUNITIES
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Weight reduction
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Lethality
CHALLENGES
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Accuracy during fire
By Product
An assault rifle is a rifle with an intermediate cartridge, a detachable magazine, and the ability to fire semi-automatically or fully automatic. Assault rifles are now the standard service rifles in most modern armies, followed by a lightweight machine gun designed to be operated as an infantry support weapon by a single infantryman, with or without an assistant. (GPMG) is a belt-fed weapon that can be used for everything from bipod or tripod-mounted infantry support to deployment as a helicopter door gun or vehicle-mounted support weapon. From a variety of mounts, it can provide fire support for vehicles or infantry. A sniper rifle is a long-range, high-precision rifle. Accuracy, dependability, mobility, concealment, and optics are all required for military sniper anti-personnel, anti-materiel, and surveillance missions.
By Firing Mode
The market is divided into three categories non-automatic, semi-automatic, and fully-automatic. A semi-automatic rifle is an autoloading rifle that fires one round per trigger pull. In comparison, a bolt-action rifle requires the user to manually cycle the bolt before firing a second time, whereas a fully automatic rifle will continue to fire as long as the trigger is held down. The majority of modern automatic rifles are selective fire, which means the user can fire semi-automatically if desired.
KEY MARKET SEGMENTATION
By Product
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Light Machine-Gun
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General-Purpose Machine Gun
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Designated Marksman Rifle
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Sniper Rifle
By Range
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Up to 500 meters
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500 to 1,000 meters
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above 1,000 meters
By Firing Mode
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Non-Automatic
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Semi-Automatic
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Fully Automatic
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REGIONAL ANALYSIS:
The Military Rifle Market is divided into geographical regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Because of technological advancements and the presence of major defense equipment industries, North America is the world's leading region in terms of market share. Asia-Pacific, on the other hand, is expected to grow at the fastest rate between 2023 and 2030. Factors such as rising military budgets and constant threats between nations would create profitable growth prospects for the Asia-Pacific Military Rifle Market.
North America, Europe, East Asia, South Asia, Latin America, the Middle East and Africa, and Oceania make up the global military rifle market. North America is expected to maintain its leading position in the military rifle market. Furthermore, East Asia and South Asia are prominent regions with significant growth from 2022 to 2028. One of the primary drivers of this expansion is the presence of emerging economies in these regions. As a result, rising demand from developing countries such as India and China is propelling the military rifle market forward.
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
KEY PLAYERS
The Key Players are Arsenal Inc, Adcor Defense, Adams Arms, Bravo Company MFG, Inc, Sig Saue & Other Players.
Adcor Defense-Company Financial Analysis
| Report Attributes | Details |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Assault Rifle, Light Machine-Gun, General-Purpose Machine Gun, Designated Marksman Rifle, Sniper Rifle) • By Range (Up to 500 meters, 500 to 1,000 meters, above 1,000 meters) • By Firing Mode (Non-Automatic, Semi-Automatic, Fully Automatic) |
| 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 | Arsenal Inc, Adcor Defense, Adams Arms, Bravo Company MFG, Inc, Sig Saue |
| Key Drivers | • Increased modularity • Digitalization |
| Market Opportunities | • Weight reduction • Lethality |