Global Automatic Weapons Market Grow at a CAGR Of 8.09% by 2023 -2030

Global Automatic Weapons Market is predicted to reach USD 12.23 billion at a CAGR of 8.09% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Automatic Weapons Market” that contains information from 2023 to 2030. The Global Automatic Weapons Market is estimated to register a CAGR of 8.09% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Automatic Weapons Market— Northrop Grumman, Colt’s Manufacturing Company LLC, Rheinmetall AG, FN Herstal, ST Engineering, Heckler & Koch AG, and KBP Instrument Design Bureau.

Automatic Weapons Market Highlights

The Global Automatic Weapons Market is accounted to register a CAGR of 8.09% during the forecast period and is estimated to reach USD 12.23 Billion by 2030.

Global Automatic Weapons Market refers to the worldwide commercial and military trade and distribution of automatic weapons. Automatic weapons, also known as fully automatic firearms, are firearms that can fire multiple rounds with a single pull of the trigger, continuously cycling through the firing process as long as the trigger is held down.

The Global Automatic Weapons Market involves the production, sale, and purchase of these weapons, along with associated accessories, ammunition, spare parts, and maintenance services. The market is influenced by factors such as national defense policies, geopolitical tensions, law enforcement needs, technological advancements, and regulatory frameworks.

Segment Analysis

The Global Automatic Weapons Market has been segmented based on product and end use.

On the basis of product, the market is segmented into Automatic Rifles, Machine Guns, Light Machine Guns, Medium Machine Guns and Grenade Launchers. The automatic rifles segment dominated the market. The dominance is due to increased demand for automatic rifles from various military forces worldwide, particularly in Asian countries.

Based on end use, the market has been segmented into Land, Naval and Airborne. The land sector is predicted to dominate the market. The ground segment comprises battle tanks, armored fighting vehicles (AFVS), and light-protected vehicles (LPVs). The expanded use of battle tanks, AFVs, and LPVs in combat operations has aided this dominance. 

Regional Analysis

The Global Automatic Weapons Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Automatic Weapons Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Automatic Weapons Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Automatic Weapons Market comprises of Middle East, Africa, and Latin America.

North America, particularly the United States, is a major player in the global arms industry, including automatic weapons. The U.S. has a significant domestic market for automatic weapons, serving both military and law enforcement needs. American defense contractors are also key suppliers to allied nations, contributing to the global market.

European are prominent in the production and export of automatic weapons. These nations often collaborate on defense projects and are known for their advanced firearms technology. The European Union has implemented arms export regulations that influence the trade of automatic weapons within the region.

The Asia-Pacific region is home to both major arms producers like China and Russia, as well as significant consumers due to regional security concerns. China and Russia are among the world's largest exporters of automatic weapons.

Furthermore, the rest of the world's Global Automatic Weapons Market is divided into the Middle East, Africa, and Latin America. Some Latin American countries have struggled with internal conflicts and crime, leading to demand for automatic weapons for law enforcement and defense purposes. This region has both producers and consumers of automatic weapons.

Key Findings of the Study

• The Global Automatic Weapons Market is expected to reach USD 12.23 Billion by 2030, at a CAGR of 8.09% during the forecast period.


• North America, particularly the United States, is a major player in the global arms industry, including automatic weapons. The U.S. has a significant domestic market for automatic weapons, serving both military and law enforcement needs.


• Based on product, the market is segmented into Automatic Rifles holding the largest market in 2022.


• Northrop Grumman, Colt’s Manufacturing Company LLC, Rheinmetall AG, FN Herstal, ST Engineering, Heckler & Koch AG, and KBP Instrument Design Bureau.