Global Automatic Weapons Market, By Product (Machine Gun, Automatic Rifle, Automatic Launchers, Gatl

Published Date: | Report Code : AD199990

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The Automatic Weapons Market is estimated to register substantial growth during the forecast period owing to increasing demand from various applications during the forecast period. Also, this market has witnessed number of key developments by major companies operating in the market including new product development, partnerships, contracts, and so on.

The defense of a nation is an important factor for its development, progress, and protection. It is a necessity for a country to stay up-to-date with the innovations in weaponry. Various developed and developing countries are focusing on the up-gradation of arms and ammunitions which is resulting in the growth of the market for automatic weapons. The new, lightweight, robust equipment is equipped with AI thus strengthening the military power

Segment Analysis

The automatic weapons market is segmented based on the product, type, and application.
By the product, it is divided as Machine Gun, Automatic Rifle, Automatic Launchers, Gatling Gun, and Automatic Cannon. Automatic rifles are used more as compared to the others. An automatic rifle continuously fires until its last shot whereas the others need to be fired by pressing the trigger. Self-loading rifles offer higher accuracy and are hence more preferred. 
Based on the type, it is bifurcated as Automatic and semi-automatic. The automatic segment is steadily growing as it even though its higher in cost it is preferred in the military sector as they have better accuracy and are more efficient than a semi-automatic. 
On the basis of the application, it is segmented as Land, Airborne, Naval, Handheld, and Stationary. The land-based weapons are more in demand due to factors such as the rising focus on close combat systems, connected warfare systems, and the safety of soldiers in war situations. 

Key Factors Impacting Market Growth:
·       Better performance and reliability
·       Increasing expenditure on defense due to political unrest

Key Developments:
·        In February 2019, the Indian Army entered into a contract with Sig Sauer (Germany) for rifle acquirement. 
·        In January 2019, the US Army contracted Raytheon Company (the US) to supply Phalanx Gatling guns worth 200Million USD

Regional Outlook

By region, the automatic weapons market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe have been dominant players in this market with presence of major companies along with strong aerospace & defense infrastructure in the region. In addition to this, some of the major countries in these region such as US, France, UK, Canada, and others have been global exporters of aerospace & defense technologies with an established research & development centers. The Asia Pacific region is estimated to register fastest growing owing to presence of some of major economies including China, India, South Korea, and others in the region. These countries have a witnessed strong government spending on defense infrastructure along with promotion of air transport and space research in the recent decades.  The Middle East region is estimated to be a potential region for automatic weapons market during the forecast period.  Eastern Europe consisting of Russia and Turkey is estimated to have a stable demand during the forecast period. The rest of the World is expected to be an emerging market with growing demand during the forecast period.

Companies Covered: Colt’s Manufacturing Company LLC, NORINCO, General Dynamics Corporation, Northrop Grumman, Rheinmetall AG, ST Engineering, KBP Instrument Design Bureau, Heckler & Koch AG, Denel Land Systems, and Kalashnikov Concern…

Market Segmentation:

By Product:
    • Machine Gun
    • Automatic Rifle
    • Automatic Launchers
    • Gatling Gun
    • Automatic Cannon

By Type:
    • Automatic
    • Semi-Automatic

By Application:
    • Land
    • Airborne
    • Naval
    • Handheld
    • Stationary

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Product
        ◦ By Type
        ◦ By Application
    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe) 
        ◦ By Product
        ◦ By Type
        ◦ By Application
    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe) 
        ◦ By Product
        ◦ By Type
        ◦ By Application
    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific) 
        ◦ By Product
        ◦ By Type
        ◦ By Application
    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East) 
        ◦ By Product
        ◦ By Type
        ◦ By Application
    • Rest of the World
        ◦ By Region (South America, Africa) 
        ◦ By Product
        ◦ By Type
        ◦ By Application

Reasons To Buy This Report:
    • Market size estimation of the global automatic weapons Market on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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