Automatic Weapons Market is expected to grow at a significant CAGR in the period from 2021 to 2027. The rise of the land segment is mostly due to increased ground-based border challenges and a growing concentration on close combat systems. As the number of military engagements around the world grows, the armed forces are upgrading to more powerful, automated cartridges to meet the demands of combat. Additionally, as militaries’ armour becomes more difficult to penetrate, armies are focusing on weaponry that has cyclical impacts, delivering greater harm to the enemy.
Growing defence spending, particularly from developing countries, is the market’s key development driver, as it gives procurement plans the essential momentum. Many countries are attempting to upgrade their military weapons by buying the most up-to-date firearms to equip their troops. Advanced weapon systems with higher automation are being developed and acquired in this area.
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A full report of Global Automatic Weapons Market is available at: https://www.orionmarketreports.com/automatic-weapons-market/44464/
The following Segmentation are covered in this report:
By Product
- Automatic Rifles
- Machine Guns
- Automatic Launchers
- Automatic Cannons
- Gatling Guns
By Type
- Fully Automatic
- Semi-Automatic
By Caliber
- Small Caliber
- Medium Caliber
- Large Caliber
By End-Use
- Land
- Naval
- Airborne
- Handheld & Stationary
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automatic Weapons Market.
- The market share of the global Automatic Weapons Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automatic Weapons Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automatic Weapons Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)