Automatic weapons are a type of self-loading weapons which include semi-automatic and fully automatic firearms. An automatic firearm continuously fires rounds as long as the trigger is pressed and there is ammunition in the magazine. In contrast, a semi-automatic firearm fires one round with each individual trigger-pull. Automatic weapons such as anti-aircraft machine guns have extremely high rates of fire to maximize the probability of a hit. These guns are also mounted on fast attacking vehicles such as tanks and other fighting vehicles. The governments of different countries are investing heavily in the procurement of automatic weapons to act efficiently during warfare. For instance, in 2019, India has signed the contract for 72400 Sig Sauer Assault Rifles with the US firm.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ – https://www.alliedmarketresearch.com/request-toc-and-sample/8898
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Strong focus on soldierโs modernization by global governments, cross border disputes, advancement in land warfare systems, and continuous upgradation of existing combat platforms are the factors which drive the growth of fully automatic weapons market. However, high cost associated with the development of automatic weapons are hampering the market growth. Increasing foreign direct investment (FDI) in defence sector of developing countries is expected contribute in further growth of automatic weapons market.
Cross border disputes
Recent cross border disputes between countries such as Russia & Ukraine, India & Pakistan, Turkey & Cyprus, etc have resulted in regional tensions and increased focus on advance weapons. Due to regional disputes, countries investing lots of amount in advancement of weapons and thus contributing in growth of the fully automatic weapons market.
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Key benefits of the report:
- This study presents the analytical depiction of the fully automatic weapons industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global fully automatic weapons market share.
- The current market is quantitatively analysed to highlight the global fully automatic weapons market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global fully automatic weapons market analysis based on competitive intensity and how the competition will take shape in coming years.
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