Global Automatic Weapons Market Projected to Surpass $14.52 Billion by 2029 with 9% Annual Growth

What market dynamics are playing a key role in accelerating the growth of the automatic weapons market?
The automatic weapon market's expansion is anticipated to be fueled by growing military expenditure. Military expenditure pertains to the funds spent on weaponry, operations, personnel, weapons systems, and other specific military apparatus. Governmental investment in the military indirectly aids the enhancement of different segments of the military market, including the automatic weapon sector. For instance, the United States Air Force (USAF), a US Air Force agency, reported in March 2023 that their budget request for the fiscal year 2024 stands at an estimated $215.1 billion. This figure signifies a rise of $9.3 billion or 4.5% from the fiscal year 2023. Therefore, the escalating military expenditure propels the growth in the automatic weapon market.

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How will the growth rate of the automatic weapons market shape industry trends by 2034?
The industry of automatic weapons has seen a significant increase in its market size over the past few years. The market value is projected to rise from $9.26 billion in 2024 to $10.2 billion in 2025, experiencing a compound annual growth rate (CAGR) of 10.1%. Several factors contributed to this historical growth, including military modernization, ongoing conflicts and wars, the rise of terrorism and insurgency, the requirements of law enforcement, and the trade and export of arms.

Anticipations suggest a robust expansion in the automatic weapons market in the approaching years. It's projected to amplify to a value of $14.52 billion by the year 2029, with a compound annual growth rate (CAGR) of 9.2%. The progression during the prediction period is likely due to counter-drone abilities, considerations of urban warfare, geopolitical instability, the integration of unmanned systems, and concerns related to cybersecurity. Predominant trends during this prediction period encompass non-lethal technologies, advancements in technology, usage of sustainable and eco-friendly materials, collaboration between humans and machines, and worldwide cooperation in research and development.

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What trends are poised to drive the future success of the automatic weapons market?
A significant trend gaining traction in the automatic weapon market is the creation of novel products. Major businesses in this sector are unveiling new merchandise to maintain their market foothold. For example, Barrett Firearms, a renowned firearm manufacturer based in the U.S., introduced the SSRS 30mm semi-automatic grenade launcher in October 2024. The SSRS grenade launcher from Barrett is equipped with advanced firepower and counter-defilade capabilities, specially crafted for the U.S. Army's Precision Grenadier System (PGS) Program, to improve soldiers' efficiency in various combat situations. Boasting a user-friendly assault-rifle-like structure, the launcher includes a rear buttstock, a magazine capable of holding five rounds of ammunition, and a compact structure that measures 861mm in length and weighs just 6.3kg. It has the ability to fire a range of ammunition, including airburst rounds, offering a significant advantage on the battlefield. The launcher is also fitted with a Vortex Optics XM-157 sight, comparable to that found on the U.S. Army's XM7 6.8mm assault rifle, further improving its accuracy and contributing to the Army's modernization goals.

Which primary segments of the automatic weapons market are driving growth and industry transformations?
The automatic weapons market covered in this report is segmented -

1) By Product: Automatic Rifle, Machine Gun, Automatic Launchers, Automatic Cannon, Gatling Gun
2) By Caliber: Small, Medium, Large
3) By End-User: Land, Airborne, Naval, Handheld And Stationary

Subsegments:
1) By Automatic Rifle: Assault Rifles, Battle Rifles, Designated Marksman Rifles (DMRs)
2) By Machine Gun: Light Machine Guns (LMGs), Medium Machine Guns, Heavy Machine Guns
3) By Automatic Launchers: Grenade Launchers, Rocket Launchers, Mortar Launchers
4) By Automatic Cannon: 20mm Automatic Cannons, 30mm Automatic Cannons, 40mm Automatic Cannons
5) By Gatling Gun: Electric Gatling Guns, Manually Operated Gatling Guns, Aircraft-Mounted Gatling Guns

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Which geographical regions are pioneering growth in the automatic weapons market?
North America was the largest region in the automatic weapon market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic weapons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the influential players reshaping the automatic weapons market landscape?
Major companies operating in the automatic weapons market include China North Industries Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems PLC, Rheinmetall AG, Singapore Technologies Engineering Ltd., Israel Aerospace Industries Ltd., Remington Arms Company, Beretta USA, Smith & Wesson Corp., Taurus Armas S.A., Heckler & Koch AG, SIG Sauer AG, FN Herstal SA, Colt's Manufacturing Company LLC, HS Produkt d.o.o., Denel Land Systems, Israel Weapon Industries (IWI) Ltd., Barrett Firearms Manufacturing Inc., Glock, Windham Weaponry Inc., Bushmaster Firearms International, Norinco Private Limited, Ukroboroprom, KalibrGun Valdy EU s.r.o., Robinson Armament Co., Zastava Arms, Steyr Arms Inc., Zenith Firearms Inc

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What Is Covered In The Automatic Weapons Global Market Report?

• Market Size Forecast: Examine the automatic weapons market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automatic weapons market for a structured understanding.
• Key Players Overview: Analyze major players in the automatic weapons market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automatic weapons market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automatic weapons market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automatic weapons market.
• Industry Challenges: Identify potential risks and obstacles affecting the automatic weapons market.
• Competitive Landscape: Review strategic developments in the automatic weapons market, including expansions, agreements, and new product launches.

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