Automatic Weapons Market Growth Prospects 2023 and Projected to Reach US$ 8.7 Billion

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The Automatic Weapons Market is projected to grow from US$ 6.0 Billion in 2018 to US$ 8.7 Billion by 2023, at a CAGR of 7.82% from 2018 to 2023. The market for automatic weapons is driven by several factors, such as the rising number of wars and cross-border disputes, increasing terrorism-related activities, and growing use of offensive weapons by militaries for tactical operations.

Top Key Players in the ” Automatic Weapons Market” include are
• General Dynamics Corporation (US)
• Northrop Grumman (US)
• Rheinmetall AG (Germany)
• ST Engineering (Singapore)
• KBP Instrument Design Bureau (Russia)
• Heckler & Koch AG (Germany)
• FN Herstal (Belgium)
• Colt’s Manufacturing Company LLC (US)
• Israel Weapon Industries (Israel)
• NORINCO (China)
• Denel Land Systems (South Africa)
• Kalashnikov Concern (Russia)
• BAE Systems (UK)
• Barrett Firearms Manufacturing (US)
• Ukroboronprom (Ukraine)

Browse the 15 Companies, Tables of Contents, spread across 186 Pages Available at https://www.reportsnreports.com/purchase.aspx?name=1853229 .

North America is estimated to lead, while the Asia Pacific region is projected to grow at a higher rate in the automatic weapons market during the forecast period. The US and Canada are the key markets for automatic weapons in North America. The US is globally recognized as one of the major manufacturers, exporter, and user of automatic weapons in the world. The North America automatic weapons market is expected to be driven mainly by the rising military budgets as well as ongoing military modernization programs in the US and Canada.

The Study Objectives of this report are:

• To identify various subsegments of the automatic weapons industry

• To define, describe, segment, and forecast the automatic weapons market based on end use, product, caliber, type, and region from 2018 to 2023

• To analyze opportunities in the market for stakeholders by identifying key market trends

• To forecast the market size of segments with respect to major regions, namely, North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW)

• To provide a detailed competitive landscape of the automatic weapons industry, in addition to an analysis of business and corporate strategies adopted by key market players

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Reason to buy this report:
This research report has focused on various levels of analyses—industry analysis (industry trends and technology trend), market rank analysis of top players, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging, and high-growth segments of the automatic weapons market, high-growth regions and countries, and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.

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