Automatic Weapons Industry Forecast 2025 – Your Guide to Growth Through 2034
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What is the projected value of the automatic weapons market by 2029?
The automatic weapons market size has grown rapidly in recent years. It will grow from $9.26 billion in 2024 to $10.2 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to military modernization, conflict and war, terrorism and insurgency, law enforcement needs, and arms trade and export
The automatic weapons market size is expected to see strong growth in the next few years. It will grow to $14.52 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to counter-drone capabilities, urban warfare considerations, geopolitical instability, unmanned systems integration, and cybersecurity concerns. Major trends in the forecast period include non-lethal technologies, technological advancements, sustainability and eco-friendly materials, human-machine teaming, and global collaboration in research and development.
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How are technological advancements fueling growth in the automatic weapons market?
Increasing military expenditure is expected to propel the growth of the automatic weapon market going forward. Military expenditure is the amount spent on weapons, weapons systems, operations, maintenance, personnel, and other specific military equipment. Government spending on the military would support the development of various aspects of the military market, including automatic weapons. For instance, in March 2023, according to the United States Air Force (USAF), a US-based agency for the Air Force, the US Air Force’s fiscal year 2024 budget request is roughly $215.1 billion, a $9.3 billion or 4.5% increase over fiscal year 2023. Therefore, increasing military expenditure drives the automatic weapon market.
Which segment currently leads the automatic weapons market in terms of revenue share?
The automatic weapons market covered in this report is segmented –
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
Subsegments:
1) By Automatic Rifle: Assault Rifles, Battle Rifles, Designated Marksman Rifles (DMRs)
2) By Machine Gun: Light Machine Guns (LMGs), Medium Machine Guns, Heavy Machine Guns
3) By Automatic Launchers: Grenade Launchers, Rocket Launchers, Mortar Launchers
4) By Automatic Cannon: 20mm Automatic Cannons, 30mm Automatic Cannons, 40mm Automatic Cannons
5) By Gatling Gun: Electric Gatling Guns, Manually Operated Gatling Guns, Aircraft-Mounted Gatling Guns
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What technological trends are expected to redefine the automatic weapons market?
Product innovations are a key trend gaining popularity in the automatic weapon market. Major companies operating in the automatic weapon market are developing new products to sustain their position in the market. For instance, in October 2024, Barrett Firearms, a US-based firearms manufacturer, launched the SSRS 30mm semi-automatic grenade launcher. The Barrett SSRS automatic grenade launcher features advanced firepower and counter-defilade capabilities specifically designed for the U.S. Army’s Precision Grenadier System (PGS) Program, enhancing soldiers’ effectiveness across various combat scenarios. Its user-friendly, assault-rifle-based structure includes a rear butt stock, a five-round ammunition magazine, and a compact design with an overall length of 861mm and a weight of just 6.3kg. The launcher can fire a variety of ammunition types, including airburst rounds, providing a crucial battlefield advantage. Additionally, it is equipped with the Vortex Optics XM-157 sight, similar to the one used on the U.S. Army’s XM7 6.8mm assault rifle, further enhancing precision and supporting the Army’s modernization objectives.
Who are the top competitors in the global automatic weapons market?
Major companies operating in the automatic weapons market include 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 regional dynamics are shaping the future of the global automatic weapons market?
North America was the largest region in the automatic weapon market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic weapons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Can Companies Use The Automatic Weapons Market Report to Drive Business Results?
This report provides actionable insights tailored for business use — not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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