Market Size – USD 6.36 billion in 2019, Market Growth – CAGR of 4.8%, Market Trends – Higher demand for hitech Automatic Weapons and mobile rocket launchers
VANCOUVER, BC, CANADA, December 19, 2021 /EINPresswire.com/ — The Global Automatic Weapons Market is forecasted to be worth USD 9.32 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Automatic Weapons in the special taskforce, rising domestic violence & terrorist attacks, increasing interest in the adoption of mobile rocket launcers, anti-aircraft & anti-submarine misiles, to name a few.
Automatic Weapons Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Automatic Weapons industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Automatic Weapons market along with crucial statistical data about the Automatic Weapons market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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Further key findings from the report suggest
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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For the purpose of this report, Emergen Research has segmented into the global Automatic Weapons Market on the basis of Type, Platform, Materials Used, Technology, Caliber Type, and Region:
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Light Machine Gun (LMG)
Medium Machine Gun (MMG)
Heavy Machine Gun (HMG)
Platform Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Armored Fighting Vehicles
Light Protected Vehicles
Offshore Patrol Vessels (OPVs)
Combat Support Aircraft
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report offers insightful information about the market dynamics of the Automatic Weapons market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Automatic Weapons market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Automatic Weapons market.
Radical Highlights of the Automatic Weapons Market Report:
Comprehensive overview of the Automatic Weapons market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Automatic Weapons market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.