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Weapons Manufacturing: Global Strategic Business Report

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    Report

  • 194 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5141084

Global Weapons Manufacturing Market to Reach $140.4 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Weapons Manufacturing estimated at US$118.1 Billion in the year 2020, is projected to reach a revised size of US$140.4 Billion by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027. Small Arms, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$29.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Explosives, Rockets & Mortars segment is readjusted to a revised 1.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $34.8 Billion, While China is Forecast to Grow at 2% CAGR

The Weapons Manufacturing market in the U.S. is estimated at US$34.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$24.4 Billion by the year 2027 trailing a CAGR of 2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Artillery Segment to Record 3.1% CAGR

In the global Artillery segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$27.3 Billion in the year 2020 will reach a projected size of US$33.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 41 Featured) -

  • BAE Systems PLC
  • General Dynamics Corporation
  • L3 Technologies, Inc.
  • Leonardo S.p.A
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Company
  • Thales Group
  • The Boeing Company

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Weapons Manufacturing

What is the estimated value of the Global Market for Weapons Manufacturing?

The Global Market for Weapons Manufacturing was estimated to be valued at $118.1 Billion in 2020.

What is the growth rate of the Global Market for Weapons Manufacturing?

The growth rate of the Global Market for Weapons Manufacturing is 2.5%, with an estimated value of $140.4 Billion by 2027.

What is the forecasted size of the Global Market for Weapons Manufacturing?

The Global Market for Weapons Manufacturing is estimated to be worth $140.4 Billion by 2027.

Who are the key companies in the Global Market for Weapons Manufacturing?

Key companies in the Global Market for Weapons Manufacturing include BAE Systems PLC, General Dynamics Corporation, L3 Technologies, Inc., Leonardo S.p.A, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company and The Boeing Company.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Weapons Manufacturing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Weapons Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Weapons Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Weapons Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Small Arms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Small Arms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Small Arms by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Explosives, Rockets & Mortars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Explosives, Rockets & Mortars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Explosives, Rockets & Mortars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Artillery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Artillery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Artillery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Non-Gun Powder Weapons by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Non-Gun Powder Weapons by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Non-Gun Powder Weapons by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 16: World Weapons Manufacturing Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Table 17: USA Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: USA Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 19: USA 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
CANADA
  • Table 20: Canada Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 21: Canada Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 22: Canada 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
JAPAN
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Table 23: Japan Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Japan Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 25: Japan 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
CHINA
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Table 26: China Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 27: China Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 28: China 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
EUROPE
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Table 29: Europe Recent Past, Current & Future Analysis for Weapons Manufacturing by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 30: Europe Historic Review for Weapons Manufacturing by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 31: Europe 15-Year Perspective for Weapons Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2021 & 2027
  • Table 32: Europe Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 33: Europe Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 34: Europe 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
FRANCE
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
  • Table 35: France Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: France Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 37: France 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
GERMANY
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
  • Table 38: Germany Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 39: Germany Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 40: Germany 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
ITALY
  • Table 41: Italy Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 42: Italy Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 43: Italy 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
UNITED KINGDOM
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • Table 44: UK Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 45: UK Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 46: UK 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
REST OF EUROPE
  • Table 47: Rest of Europe Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Rest of Europe Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 49: Rest of Europe 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
ASIA-PACIFIC
  • Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Table 50: Asia-Pacific Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 51: Asia-Pacific Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 52: Asia-Pacific 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
REST OF WORLD
  • Table 53: Rest of World Recent Past, Current & Future Analysis for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 54: Rest of World Historic Review for Weapons Manufacturing by Segment - Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 55: Rest of World 15-Year Perspective for Weapons Manufacturing by Segment - Percentage Breakdown of Value Sales for Small Arms, Explosives, Rockets & Mortars, Artillery and Non-Gun Powder Weapons for the Years 2012, 2021 & 2027
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • BAE Systems PLC
  • General Dynamics Corporation
  • L3 Technologies, Inc.
  • Leonardo S.p.A
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Company
  • Thales Group
  • The Boeing Company