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Global Automatic Weapons Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | EMR Inc.

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The new report by Expert Market Research titled, ‘Global Automatic Weapons Market Size, Report and Forecast 2022-2027’, gives an in-depth analysis of the global automatic weapons market, assessing the market based on its segments like types, products, calibres, end uses, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/automatic-weapons-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2021): About USD 7.41 Billion
  • Forecast CAGR (2022-2027): 94%
  • Forecast Market Size (2027): Nearly USD 11.72 Billion

The market is being driven by the rising military and defence budgets across the world owing to the growing cross-border conflicts between different countries.

The utilisation of automatic weapons has increased in recent years owing to the rise in number of advanced weapons being manufactured worldwide for strengthening the military, hence driving the growth of the market.

The enhancing focus on close combat situations and the rising requirement to ensure the safety of military personnel are propelling the growth of the market. In addition to this, the shift towards the modernisation of military equipment is positively influencing the growth of the market for automatic weapons.

Industry Definition and Segmentation

Automatic weapons refers to a combination of fully automatic and semi-automatic firearms. These weapons fire rounds constantly as long as the trigger is pressed or as long as there is ammunition in the chamber. Automatic weapons find their applications in the military and defence sector.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/automatic-weapons-market

On the basis of type, the market can be divided into:

  • Fully Automatic
  • Semi-Automatic

Based on product, the market can be segmented into:

  • Automatic Rifle
  • Machine Gun
  • Automatic Launchers
  • Automatic Cannons
  • Gatling Guns

The market, based on calibre, can be categorised into:

  • Small Calibre
  • Medium Calibre
  • Large Calibre

On the basis of end use, the market can be divided into:

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The growth in the global market for automatic weapons can be associated with rapid advancements in weapon technology. The incorporation of advanced features like heavy barrels to avoid overheating during prolonged engagements, a bipod, and the capacity to carry more ammunition easily of weapons is expected to fuel the market growth.

In addition to this, the growing demand for automatic weapons with high tech lightweight firearms is estimated to aid the growth of the market. The introduction of smart weapons with developed and innovative features like biometric reading and RFID sensors to prevent accidents and mishandling of military weapons are anticipated to boost the market growth in the coming years.

Key Market Players

The major players in the market are General Dynamics Corporation, Northrop Grumman, Rheinmetall AG, ST Engineering, KBP Instrument Design Bureau, and Heckler & Koch AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Website: https://www.expertmarketresearch.com

About Post Author

Nadan Niazi

Hii I am Nadan NiaziI am a professional writer and blogger. I’m researching and writing about innovation, business, and financing the latest Blockchain marketing trends.
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Nadan Niazi
Nadan Niazihttps://bit.ly/3V5WB2X
Hii I am Nadan NiaziI am a professional writer and blogger. I’m researching and writing about innovation, business, and financing the latest Blockchain marketing trends.

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