A recent market intelligence report on Automatic Weapons market takes a closer look at the major driving forces, restraints and opportunities anticipated to shape the future of the Automatic Weapons market for the forecast period, 2020 - 2027. Besides, this different adverse conditions and restraining factors expected to hinder the growth of the industry worldwide is also scrutinized. Trends from both past and present fast gaining momentum and stimulating market growth and development form an important part of the study. The Global Automatic Weapons Market is forecasted to be worth USD 9.32 billion by 2027, according to a current analysis by Emergen Research.
Further
key findings from the report suggest
In January 2020, The Adani Group, an Indian conglomerate, announced
its acquisition of a Automatic Weapons business facility in Gwalior, India.
With this acquisition, the company entered in the light weapons business where
the company will be capable of producing machine guns, carbines, and other
Automatic Weapons.
The polymer sub-segment is growing with the fastest CAGR of
6.3% owing to its higher efficiency in the manufacturing with 3D printing
techniques and reduction in the overall costing with higher applicability in
the sports and hunting purposes.
The regions in the Asia Pacific lead by China, India,
Pakistan, and South & North Korea are allotting a considerable budget for
their defense & law enforcement grooming purposes. Besides, growing
incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities,
domestic violence, along with higher economic development and enhancement in
the manufacturing industry, deliberately help propel market enforcement.
Key players in the market Smith & Wesson Holding Corp.,
Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor
Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation,
Beretta S.p.A., and Raytheon Company, among others.
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Type Outlook (Revenue: USD Billion; Volume:
Thousand Units; 2017-2027)
Automatic
Rifle
Machine
Gun
Light
Machine Gun (LMG)
Medium
Machine Gun (MMG)
Heavy
Machine Gun (HMG)
Automatic
Launchers
Grenade
launcher
Mortar
Launcher
Missile
Launcher
Automatic
Cannon
Gatling
Gun
Platform Outlook (Revenue: USD Billion; Volume:
Thousand Units; 2017-2027)
Land
Battle
Tanks
Armored
Fighting Vehicles
Light
Protected Vehicles
Naval
Destroyers
Frigates
Corvettes
Offshore
Patrol Vessels (OPVs)
Airborne
Fighter
Aircraft
Helicopters
Combat
Support Aircraft
Materials Used Outlook (Revenue: USD Billion;
Volume: Thousand Units; 2017-2027)
Steel
Aluminum
Polymer
Others
Technology Outlook (Revenue: USD Billion;
Volume: Thousand Units; 2017-2027)
Fully
Automatic
Semi-Automatic
Regional Outlook (Revenue, USD Billion;
2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
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