Global Trends Review: The Rapid Evolution of the Automatic Grenade Launcher Market

The automatic grenade launcher market is set to experience significant expansion in the coming years, driven by continuous advancements in weapon technology and evolving defense requirements. This dynamic sector is witnessing notable innovation and increasing demand across various military and security applications, positioning it for robust growth through 2030.

Projected Market Size and Growth Trends for the Automatic Grenade Launcher Market
The automatic grenade launcher market is forecasted to reach a value of $1.74 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.6%. This upward trajectory is fueled by several key factors, including the rising demand for airburst-capable and smart grenade systems, the integration of automated targeting and digital fire control technologies, and the development of lightweight, portable launcher variants. Additionally, there is increased focus on training and simulation solutions tailored for automatic grenade launcher operations, alongside heightened procurement activities by emerging defense markets seeking rapid-response capabilities. Prominent trends expected to shape the market during the forecast period include programmable and airburst munitions, improved fire control and targeting systems, compact grenade launcher designs, wider adoption of multi-barrel and electrically powered launchers, and an expansion in urban warfare and counter-terrorism applications.

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Leading Companies Driving the Automatic Grenade Launcher Market
The competitive landscape of the automatic grenade launcher market features several influential players, including China Ordnance Industry Group Corporation Limited, Northrop Grumman Corporation, Thales Group, Ukroboronprom, Leonardo S.p.A., Singapore Technologies Engineering Ltd, Rheinmetall AG, ST Kinetics Ltd, Elbit Systems Ltd., Saab AB, China North Industries Corporation, Moog Inc., China South Industries Grup Corporation, General Dynamics Ordnance and Tactical Systems Inc., FN Herstal S.A., Denel Land Systems (Pty) Ltd, Rosoboronexport JSC, Arsenal JSCo, KBP Instrument Design Bureau, Krauss-Maffei Wegmann GmbH & Co. KG., and Zastava Arms JSC.
A recent strategic collaboration in May 2024 saw Turkey's Repkon Machine & Tool Industry and Trade Inc. partner with HAVELSAN, a defense and IT firm specializing in unmanned ground vehicles. This partnership aims to integrate Repkon's 40mm Automatic Grenade Launcher (RDS40-AGL) with HAVELSAN's unmanned ground vehicle BARKAN, enhancing the combat effectiveness of these robotic systems.

Technological Advancements Enhancing the Automatic Grenade Launcher Industry
Industry leaders are heavily investing in next-generation grenade launchers designed to improve precision, lethality, and operational flexibility for modern infantry forces. These advanced weapons incorporate semi-automatic firing mechanisms, programmable airburst ammunition, and smart fire-control optics, enabling soldiers to effectively engage both exposed and concealed targets.
For example, in October 2024, Barrett Firearms, a U.S.-based manufacturer, introduced a 30mm semi-automatic grenade launcher under the U.S. Army's Precision Grenadier System (PGS) program. This compact, magazine-fed launcher features a 305-millimeter barrel, a five-round center-loaded magazine, and weighs 6.3 kilograms, balancing power and portability. Key capabilities include advanced fire-control systems that allow programming of various munitions, such as counter-defilade and anti-drone rounds, with effective engagement ranges from 35 to over 500 meters. The system also boasts an enhanced optical sighting system akin to the XM-157, boosting targeting accuracy in dynamic combat scenarios. This cutting-edge grenade launcher is anticipated to redefine infantry weapon systems, aligning with military initiatives toward smarter and more adaptable platforms.

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Breakdown of Market Segments in the Global Automatic Grenade Launcher Industry
The automatic grenade launcher market is categorized across several segments for a detailed analysis:
1) Product Type: Single Barrel Grenade Launchers, Multi-Barrel Grenade Launchers, Recoil-Operated Grenade Launchers, Gas-Operated Grenade Launchers
2) Caliber Type: Below 40 Millimeters, 40 Millimeters, Above 40 Millimeters
3) Platform: Ground, Naval, Airborne
4) Application: Combat Operations, Counter-Terrorism, Urban Warfare, Training Purposes
5) End User: Military, Law Enforcement, Other End Users
Subcategories further refine these segments. For instance, single barrel grenade launchers include lightweight, heavyweight, and man-portable variants. Multi-barrel launchers are divided into dual-barrel, rotary-barrel, and electrically powered types. Recoil-operated launchers are grouped by blowback system, short recoil system, and long recoil system, while gas-operated launchers are segmented by direct impingement, piston-driven systems, and adjustable gas systems.

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This release was published on openPR.