Global Automatic Weapons Market Overview:
Automatic weapon is also called as firearm that loads another round automatically after the first round has been fired. There are various types of product are involved in automatic weapon such as automatic rifle, machine gun, automatic launchers, automatic cannon and gatling gun. Growing in the modernization of military infrastructure as well as security threats will help to boost global automatic weapons market. Some of the key players profiled in the study are General Dynamics Corporation (United States), Northrop Grumman (United States), Rheinmetall AG (Germany), ST Engineering (Singapore), KBP Instrument Design Bureau (Russia), Heckler & Koch AG (Germany), FN Herstal (Belgium), Coltís Manufacturing Company LLC (United States), Israel Weapon Industries (Israel), NORINCO (China) and Denel Land Systems (South Africa). According to Market Analyst at AMA, the Global Automatic Weapons market may see a growth rate of 6.8%
On the basis of geography, the market of Automatic Weapons has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Land will boost the Automatic Weapons market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Caliber, the sub-segment i.e. Small will boost the Automatic Weapons market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Incidents of Wars as well as Cross-Border Battles
- Improvements in Automatic Weapon Systems
- Growing Demand for Precision Weapon Systems
- Rising Dependency on Automatic Rifle
- Less Defense Budget Already Developed Countries
- Stringent Manufacturing Procedures
- Growing FDI in Defense in Developing Nations
- Regulations Challenges for New Technologies
Major Market Developments:
On 5th June 2018, Northrop Grummanís (American aerospace manufacturer and defense Industry Company) has acquired Orbital ATK. The deal was established for 7.8 million dollar.
On 17th August 2018, Germanyís Rheinmetall a leading provider of defense contractor has signed a 2.1 billion dollar contract to supply Australia with 211 Boxer wheeled armored vehicles.
Automatic Weapons Manufactures, Automatic Weapons Suppliers/Distributors, Automatic Weapons Industry Association, Government regulatory bodies, Government and Private Research Organization and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Automatic Weapons market on the basis of product [Automatic Rifle, Machine Gun, Automatic Launchers, Automatic Cannon and Gatling gun] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Automatic Weapons market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Automatic Weapons industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Kalashnikov Concern (Russia), BAE Systems (United Kingdom), Barrett Firearms Manufacturing (United States) and Ukroboronprom (Ukraine).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Automatic Weapons market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.