The automatic weapons market size has seen remarkable growth, expanding from $9.26 billion in 2024 to $10.2 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%. Factors spurring this significant growth include military modernization, conflict and war, terrorism and insurgency, law enforcement needs, and arms trade and export.
The market is projected to expand dramatically in the coming years, growing to $14.52 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. Counter-drone capabilities, urban warfare considerations, geopolitical instability, unmanned systems integration, and cybersecurity concerns, along with trends towards non-lethal technologies, technological advancements, sustainability, and eco-friendly materials, human-machine teaming, and global collaboration in research and development, all contribute to the market’s strong growth.
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How is Military Expenditure Driving the Automatic Weapons Market?
Increasing military expenditure is expected to propel the growth of the automatic weapon market. Government spending on the military supports the development of various aspects of the military market, including automatic weapons. As an example, the US Air Force requested a budget of around $215.1 billion for the fiscal year 2024, representing a 4.5% increase from fiscal year 2023. This burst of military spending is a key driver of the automatic weapon market.
What are the Market Segments for the Automatic Weapons Market?
1) By Product: Automatic Rifle, Machine Gun, Automatic Launchers, Automatic Cannon, Gatling Gun
2) By Caliber: Small, Medium, Large
3) By End-User: Land, Airborne, Naval, Handheld And Stationary
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Which Companies are Major Players in the Automatic Weapons Market?
Several major companies are operating in the automatic weapons market, including China North Industries Corporation, General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems PLC, Rheinmetall AG, Singapore Technologies Engineering Ltd., Israel Aerospace Industries Ltd., Remington Arms Company, Beretta USA, Smith & Wesson Corp., Taurus Armas S.A., Heckler & Koch AG, SIG Sauer AG, FN Herstal SA, Colt’s Manufacturing Company LLC, HS Produkt d.o.o., Denel Land Systems, Israel Weapon Industries (IWI) Ltd., Barrett Firearms Manufacturing Inc., Glock, Windham Weaponry Inc., Bushmaster Firearms International, Norinco Private Limited, Ukroboroprom, KalibrGun Valdy EU s.r.o., Robinson Armament Co., Zastava Arms, Steyr Arms Inc., Zenith Firearms Inc.
What Trends are Shaping the Automatic Weapons Market?
Product innovations are a key trend gaining popularity in the automatic weapon market. Companies are developing new products to sustain their market position. For example, Barrett Firearms, a US-based firearms manufacturer, launched the SSRS 30mm semi-automatic grenade launcher in October 2024. This product offers increased firepower and is specifically designed for the U.S. Army’s Precision Grenadier System (PGS) Program, enhancing soldiers’ effectiveness in various combat scenarios.
Which Region has the Largest Share in the Automatic Weapons Market?
North America was the largest region in the automatic weapon market in 2024, while Asia-Pacific is expected to see the most rapid growth during the forecast period. The report covers the regions of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
What Does The Automatic Weapons Market Report 2025 Offer?
An automatic weapon is a firearm that continuously chambers and shoots ammunition when the trigger mechanism is activated. The weapons are often selective-fire weapons that fire multiple shots rapidly at the single press of the trigger. The Automatic Weapons Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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