Automatic Weapons Market Report Focuses On The Status And Outlook For Major End-users 2028

A recent report published by QMI on Automatic Weapons Market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of automatic weapons market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for automatic weapons during the forecast period. It can enable manufacturers of automatic weapons to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, 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

Segmentation for better understanding of this market and its growth prospects
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.

Significant Factors Impacting Market Growth:
1) Better performance and reliability
2) Increasing expenditure on defense due to political unrest

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

Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market. For automatic weapons market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions in the automatic weapons market.

North America and Western Europe have been dominant players in this market with the presence of major companies which have a strong infrastructure to boost aerospace & defense sector. In addition, some of the major countries like the US, France, UK, and Canada has been global exporters of aerospace & defense technologies due to established research & development centers, and others. Also, some of the major companies operating in automatic weapons market are headquartered in these regions.

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The Asia Pacific region is estimated to register fastest growing automatic weapons market since some of the major economies like China, India, and South Korea are present in the region. In recent decades, these countries have witnessed strong government spending on defense infrastructure, as well as promoting air transport and space research. During the forecast period, the Middle East region is estimated to be a potential region for automatic weapons market in the aerospace and defense sector. It is estimated that Eastern Europe will have stable demand during the forecast period. Also, the rest of the world is expected to be an emerging market with increasing demand.

Companies Covered:
1. Colt's Manufacturing Company LLC
2. NORINCO
3. General Dynamics Corporation
4. Northrop Grumman
5. Rheinmetall AG
6. ST Engineering
7. KBP Instrument Design Bureau
8. Heckler & Koch AG
9. Denel Land Systems
10. and Kalashnikov Concern

Market Segmentation:
By Product:
o Machine Gun
o Automatic Rifle
o Automatic Launchers
o Gatling Gun
o Automatic Cannon
By Type:
o Automatic
o Semi-Automatic
By Application:
o Land
o Airborne
o Naval
o Handheld
o Stationary
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Product
o By Type
o By Application
o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Product
o By Type
o By Application
o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Product
o By Type
o By Application
o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Product
o By Type
o By Application
o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Product
o By Type
o By Application
o Rest of the World
o By Region (South America, Africa)
o By Product
o By Type
o By Application

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

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 706 672 5858 / +91 706 672 5858 / +91 706 672 4848
Email: sales@quincemarketinsights.com
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This release was published on openPR.