Report Feature
Automatic Weapon Market Trends and Forecast
The future of the global automatic weapon market looks promising with opportunities in the land, naval, and airborne markets. The global automatic weapon market is expected to reach an estimated $11.0 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this market are increasing defense spending from the developing countries, growing technological advancement in the land warfare systems, along with rising concerns across the security threats around the world.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automatic Weapon Market by Segment
The study includes a forecast for the global automatic weapon market by product, type, end use industry, and region, as follows:
Automatic Weapon Market by Product [Shipment Analysis by Value from 2017 to 2028]:
- Automatic Rifles
- Machine Guns
- Automatic Launchers
- Automatic Cannons
- Gatling Guns
Automatic Weapon Market by Type [Shipment Analysis by Value from 2017 to 2028]:
- Fully- Automatic
- Semi-Automatic
Automatic Weapon Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:
- Land
- Naval
- Airborne
Automatic Weapon Market by Region [Shipment Analysis by Value from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automatic Weapon Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automatic weapon companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automatic weapon companies profiled in this report include:
- General Dynamics
- Northrop Grumman
- ST Engineering
- Heckler & Koch
- FN Herstel
- NORINCO
- Denel Land Systems
- Barrett Firearms
- BAE Systems
- Rheinmetall
Automatic Weapon Market Insights
- Lucintel forecasts that automatic rifle will remain the largest segment over the forecast period because of the growing demand for automatic rifles from different military forces around the globe.
- Within this market, land will remain the highest growing segment because of the increasing land-based border issues, along with growing demand for AFVs, LPVs, and battle tanks in combat operations.
- North America will remain the largest region over the forecast period due to on-going advancements of warfare platforms, as well as rising investments in the automatic weapons and advanced technologies by United States.
Features of the Automatic Weapon Market
- Market Size Estimates: Automatic weapon market size estimation in terms of value ($B)
- Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Automatic weapon market size by various segments, such as by product, type, end use industry, and region
- Regional Analysis: Automatic weapon market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by product, type, end use industry, and regions for the automatic weapon market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automatic weapon market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automatic weapon market size?
Answer: The global automatic weapon market is expected to reach an estimated $11.0 billion by 2028.
Q2. What is the growth forecast for automatic weapon market?
Answer: The global automatic weapon market is expected to grow with a CAGR of 7.5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automatic weapon market?
Answer: The major drivers for this market are increasing defense spending from the developing countries, growing technological advancement in the land warfare systems, along with rising concerns across the security threats around the world.
Q4. What are the major segments for automatic weapon market?
Answer: The future of the global automatic weapon market looks promising with opportunities in the land, naval, and airborne markets.
Q5. Who are the key automatic weapon companies?
Answer: Some of the key automatic weapon companies are as follows:
Answer: The global automatic weapon market is expected to reach an estimated $11.0 billion by 2028.
Q2. What is the growth forecast for automatic weapon market?
Answer: The global automatic weapon market is expected to grow with a CAGR of 7.5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the automatic weapon market?
Answer: The major drivers for this market are increasing defense spending from the developing countries, growing technological advancement in the land warfare systems, along with rising concerns across the security threats around the world.
Q4. What are the major segments for automatic weapon market?
Answer: The future of the global automatic weapon market looks promising with opportunities in the land, naval, and airborne markets.
Q5. Who are the key automatic weapon companies?
Answer: Some of the key automatic weapon companies are as follows:
- General Dynamics
- Northrop Grumman
- ST Engineering
- Heckler & Koch
- FN Herstel
- NORINCO
- Denel Land Systems
- Barrett Firearms
- BAE Systems
- Rheinmetall
Q6. Which automatic weapon segment will be the largest in future?
Answer: Lucintel forecasts that automatic rifle will remain the largest segment over the forecast period because of the growing demand for automatic rifles from different military forces around the globe.
Q7. In automatic weapon market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to on-going advancements of warfare platforms, as well as rising investments in the automatic weapons and advanced technologies by United States.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecasts that automatic rifle will remain the largest segment over the forecast period because of the growing demand for automatic rifles from different military forces around the globe.
Q7. In automatic weapon market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to on-going advancements of warfare platforms, as well as rising investments in the automatic weapons and advanced technologies by United States.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
