Automatic Weapons Market Survey Detailed Segment, Share, Size and Top Company Profile Analysis: Northrop Grumman Corporation, Rheinmetall AG, Heckler & Koch GmbH, FN Herstal, BAE Systems, Ukroboronprom (2020-2026)
Posted on Nov 30 2020 4:47 PM
"Automatic weapons are mostly used by defense forces, armed forces, law enforcement agencies, and others. The increasing demand for automatic rifles is due to its advantages such as high fire rate, continuous automated fire, and no manual loading. While, semi-automatic rifles provide more accuracy, shooter can control each shot. "
Automatic Weapons are the firearms that load rounds without power from outside source. It includes semi-automatic firearms as well as fully automatic weapons. The firearm keeps firing and reloads itself until the trigger is held down, and the magazines get exhausted. Semi-automatic rifles have capability to carry high capacity magazines, due to which shooter is able to fire number of rounds in short time.
Development of advanced weapon systems, introduction of 3D printing, and increasing use of polymer material for manufacturing are the latest trends in advanced weapons market. Recently, the U.S. army chooses squad automatic weapon and a latest 6.8mm assault rifle to replace its M249 squad automatic weapon and M4 carbine.
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Nowadays, precision guided firearms gains popularity due to their advanced features. These firearms consist of enhanced fire control, target tracking, and advanced head-up displays to guide bullet to accurately hit the target. Furthermore, XM25 CDTE (Counter Defeliade Target Engagement) system is a semi-automatic grenade launcher widely used for combat operations. It includes laser range finding system that helped soldiers to find out of the distance for target.
The competitive landscape of the commercial aviation crew management system market share has been discussed in detail. The report highlights leading companies, their performance over the past few years, and their key strategies. The commercial aviation crew management system Market growth report provides a comprehensive evaluation of several factors that have contributed to the growth of the market in recent years. In addition to the growth stimulators, the report also discusses the challenges facing the market. Furthermore, the report provides forecast values for the market for the period of 2020-2027. Additionally, it identifies areas that have witnessed the highest demand and applications for the product in recent years. Besides this, some of the leading products, major companies, and major recent industry developments have been highlighted in this report.
Global Automatic Weapons Market Manufacturers:-
- General Dynamics Corporation (The U.S.),
- Northrop Grumman Corporation (The U.S.),
- Rheinmetall AG (Germany),
- Heckler & Koch GmbH (Germany),
- FN Herstal (Belgium),
- BAE Systems (The U.K),
- Ukroboronprom (Ukraine),
- ST Engineering (Singapore),
- BARRETT (The U.S.),
- Denel land Systems (South Africa),
- and among others.
Striking Technological Advancements to Open Multiple Growth Avenues
The increasing adoption of commercial aviation crew management system industry for applications across diverse industries will aid the growth of the market in the upcoming years. Recent advances in structure and design have opened up a massive potential for rapid product adoption. The advances in engineering, in terms of product design and structure, will not only benefit the companies but will have a direct impact on the commercial aviation crew management system Industry growth in the coming years. Moreover, rising investment in the research and development in different technologies will further favour the activities of the companies operating in this market.
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Eruption of COVID-19 Pandemic to Stall Market Growth
The growth of the commercial aviation crew management system market regional demand is expected to be negatively impacted by the COVID-19 pandemic. The declining market growth is primarily attributable to the travel restrictions imposed by governments worldwide to contain the spread of the virus. Apart from this, unprecedented economic downturn triggered by the coronavirus has forced countries, especially developing nations, to prioritize their spending, which in turn is likely to impede upcoming investments in this sector. Together, these factors will create unfavourable conditions for this market in the short-term.
Worldwide Region Analysis to Hold Commanding Position; Growing Product Adoption to Aid Growth
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in north America, Europe, asia, etc. will witness considerable growth in the coming years driven by the steadily increasing product adoption in several countries across this region. The strong presence of several large scale companies, coupled with the emphasis on enhancing existing products will further aid the growth of the regional market.
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- North America (USA, Canada, and Mexico)
- Europe (Germany, France, U.K., and Rest of Europe)
- Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)
- Rest of the World
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