Automatic weight weapons and extensive rise in investment in the defense & law enforcement bodies are the major factors influencing the market growth. Market Size – USD 6.36 billion in 2019, Market Growth - CAGR of 4.8%, Market Trends – Higher demand for hitech Automatic Weapons and mobile rocket launchers

Vancouver, BC -- (SBWire) -- 12/24/2020 --Automatic Weapons Market

The global automatic weapons market is estimated to reach a value of USD 9.32 billion by 2027 at a CAGR of 4.8%, according to a recent report published by Emergen Research. Growing investments in defence by governments and the rise in terrorist activities, cross-border tensions, political conflicts are major factors boosting the market growth during the forecast period. The market is highly competitive, with a large number of manufacturers, ranging from small startups, medium enterprises, and large conglomerates, operating in the market.

Key players in the Automatic Weapons market Smith & Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and Raytheon Company, among others.

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Market Drivers
Automatic rifles, including machine guns, Gatling guns, automatic cannons, and automatic launchers, are expected to hold the highest market share during the forecast period, owing to its suitable use in both battlefield and security purposes. The materials used in the manufacturing process has evolved over the past years. The industry has adapted to the use of polymers in the manufacturing process due to various advantages, including it being light-weight, which makes it easier to use both in the battlefield and homeland security. The use of polymers is expected to witness the highest growth with a CAGR of 6.3% during the forecast period.

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Automatic Rifle
Machine Gun
Light Machine Gun (LMG)
Medium Machine Gun (MMG)
Heavy Machine Gun (HMG)
Automatic Launchers
Grenade launcher
Mortar Launcher
Missile Launcher
Automatic Cannon
Gatling Gun

Platform Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Land
Battle Tanks
Armored Fighting Vehicles
Light Protected Vehicles
Naval
Destroyers
Frigates
Corvettes
Offshore Patrol Vessels (OPVs)
Airborne
Fighter Aircraft
Helicopters
Combat Support Aircraft

Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Steel
Aluminum
Polymer
Others

Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Fully Automatic
Semi-Automatic

Caliber Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Small
56mm
62mm
7mm
5mm
Others
Medium
20mm
25mm
30mm
40mm
Others
Large
81mm
120mm
Others

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Regional Outlook

The governments in the Asia Pacific region, especially in countries like China, India, Japan, and North and South Korea, have shown a continuous rise in budget allotments for defence. The high budget allotment has helped the regional market grow to a considerable size and is expected to grow at the fastest CAGR of 7% during the forecast period.

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America (U.S., Canada)

Europe (Germany, UK, France, BENELUX, Rest of Europe)

Asia Pacific (China, Japan, South Korea, Rest of APAC)

Latin America (Brazil, Rest of LATAM)

MEA (Saudi Arabia, UAE, Rest of MEA)

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Automatic Weapons Market Segmentation & Impact Analysis

    4.1. Automatic Weapons Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing emphasis on military equipment upgradation

                    4.2.2.2. Asymmetric warfare and interpersonal relationships among countries

                    4.2.2.3. Increasing terrorism & domestic violence

          4.2.3. Market restraints analysis

                    4.2.3.1. Regulatory hurdles & higher cost associated to it

                    4.2.3.2. Inefficient research methodologies

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter's Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

 Chapter 5. Automatic Weapons Market By Type Insights & Trends, Revenue (USD Billion) (Thousand Units)

    5.1. Type Dynamics & Market Share, 2019 & 2027

          5.1.1. Automatic Rifle

          5.1.2. Machine Gun

                    5.1.2.1. Light Machine Gun (LMG)

                    5.1.2.2. Medium Machine Gun (MMG)

                    5.1.2.3. Heavy Machine Gun (HMG)

          5.1.3. Automatic Launchers

                    5.1.3.1. Grenade launcher

                    5.1.3.2. Mortar Launcher

                    5.1.3.3. Missile Launcher

          5.1.4. Automatic Cannon

          5.1.5. Gatling Gun

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About Emergen Research

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