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Rising Military Expenditure A Catalyst For Growth In The Automatic Weapon Market: A Key Driver Powering Automatic Weapons Market Growth In 2025
The Automatic Weapons Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Automatic Weapons Market Size and Its Estimated Growth Rate?
The Automatic Weapons Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Automatic Weapons Market Size and Its Estimated Growth Rate?
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How Are Emerging Segments Shaping the Automatic Weapons Market Landscape?
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 Growth Factors Are Influencing Automatic Weapons Market Expansion?
The escalation in military spending is predicted to boost the growth of the automatic weapon market. This spending includes not only the cost of weaponry and weapon systems, but also the operations, maintenance, personnel, and other specialized military equipment. Public investment in military sectors underpins the advancement of several aspects of this market, including automatic weaponry. The United States Air Force (USAF) reported in March 2023 that the budget request for the 2024 fiscal year for the US military stands at about $215.1 billion. This represents an increase of $9.3 billion or 4.5% from the previous fiscal year. Consequently, the rise in military expenditure promotes the expansion of the automatic weapon market.
Who Are the Dominant Players Across Different Automatic Weapons Market Segments?
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
What Are the Latest Developing Trends in the Automatic Weapons Market?
New product development is becoming an increasingly important trend in the automatic weapon market. To maintain their market stance, major firms in this industry are investing in product innovation. For instance, in October 2024, Barrett Firearms, a U.S. firearm producer, introduced the SSRS 30mm semi-automatic grenade launcher. Designed specifically for the U.S. Army's Precision Grenadier System (PGS) Program, Barrett's SSRS automatic grenade launcher offers increased firepower and counter-defilade capabilities, bolstering soldiers' efficiency in a variety of combat situations. The launcher, having the easy-to-handle design of an assault rifle, includes a back buttstock, a five-round ammo magazine, and a compact design, with a total length of 861mm and a weight of a mere 6.3kg. It is capable of firing an array of ammunition types, including airburst rounds, giving essential benefits on the battlefield. Furthermore, it comes with the Vortex Optics XM-157 sight that resembles the one on the U.S. Army's XM7 6.8mm assault rifle, thereby improving precision and aiding the Army in reaching its modernization goals.
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Which Geographic Regions Are Expected to Dominate the Automatic Weapons Market in the Coming Years?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automatic Weapons Market?
2. What is the CAGR expected in the Automatic Weapons Market?
3. What Are the Key Innovations Transforming the Automatic Weapons Industry?
4. Which Region Is Leading the Automatic Weapons Market?
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