1h Free Analyst Time
The Weapons Manufacturing Market size was estimated at USD 187.15 billion in 2023, USD 197.89 billion in 2024, and is expected to grow at a CAGR of 5.96% to reach USD 280.75 billion by 2030.The weapons manufacturing market encompasses the production and sales of a wide range of military hardware, including small arms, explosives, and missiles used for defense purposes. The application of these products is primarily by military and law enforcement agencies, with the end-use being national defense, security operations, and warfare. The global weapons manufacturing market is driven by demands from military and law enforcement agencies for national defense and security. Market growth is further fueled by rising defense spending and technology innovations, while conversely, regulatory scrutiny, ethical dilemmas, and supply chain instability of raw materials pose significant hurdles. Additionally, the emerging future lies in investment in areas such as cost-effective precision weapons, directed-energy weapons, modular systems, and defense mechanisms against autonomous threats, essential for the continuous evolution and sustainability of the sector. Speak directly to the analyst to clarify any post sales queries you may have.
Regional Insights
The weapons manufacturing market in the Americas has been experiencing significant growth, primarily driven by the United States. The U.S., with its substantial defense budget, remains the major contributor to the market for weapons manufacturing, both for domestic use and international exports. Factors such as modernization programs, increases in security concerns, and technological advancements continue to drive the adoption of weapons in the region. The EMEA region presents significant market growth, where Europe's defense sector has seen a resurgence, largely owing to rising security concerns and an emphasis on NATO members to increase defense spending. The region's market is further enhanced by alliances and strategic partnerships between countries and defense manufacturers. The Asia-Pacific weapons manufacturing market is rapidly growing, with countries such as China, India, Japan, and South Korea investing heavily in military capabilities. Territorial disputes, regional power dynamics, and the pursuit of modernization are raising the adoption of advanced weapons in the region. China's military expansion and technological progression provide significant impetus to the market in the region. India's increasing defense budget and emphasis on self-reliance in defense production are also creating stimulating growth within the APAC territory.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Weapons Manufacturing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Weapons Manufacturing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Weapons Manufacturing Market, highlighting leading vendors and their innovative profiles. These include Adani Group, BAE Systems PLC, Carl Walther GmbH, Fabbrica d’Armi Pietro Beretta S.p.A., General Dynamics Corporation, Heckler & Koch, Herstal Group, Hyundai Wia Company, Israel Weapons Industries Ltd. by SK Group, Kalashnikov Group (Rostec State Corporation), KelTec CNC Industries, Inc., Kimber Mfg., Inc., L3Harris Technologies, Inc., Lockheed Martin Corporation, MBDA, Northrop Grumman Systems Corporation, O. F. Mossberg & Sons, Inc., RemArms LLC, RTX Corporation, Savage Arms, Inc., Schuele & Somappa Springs Pvt. Ltd., Steyr Arms GmbH, Sturm, Ruger & Co., Inc., Thales Group, and The Boeing Company.Market Segmentation & Coverage
This research report categorizes the Weapons Manufacturing Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Artillery
- Cartridges & Bullets
- Explosives
- Firearms
- Missiles
- Distribution Channel
- Offline
- Online
- End-user
- Civil & Commercial
- Military & Defense
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Weapons Manufacturing Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Weapons Manufacturing Market?
- What are the technology trends and regulatory frameworks in the Weapons Manufacturing Market?
- What is the market share of the leading vendors in the Weapons Manufacturing Market?
- Which modes and strategic moves are suitable for entering the Weapons Manufacturing Market?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Weapons Manufacturing Market, by Type
7. Weapons Manufacturing Market, by Distribution Channel
8. Weapons Manufacturing Market, by End-user
9. Americas Weapons Manufacturing Market
10. Asia-Pacific Weapons Manufacturing Market
11. Europe, Middle East & Africa Weapons Manufacturing Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
List of Figures
List of Tables
Companies Mentioned
- Adani Group
- BAE Systems PLC
- Carl Walther GmbH
- Fabbrica d’Armi Pietro Beretta S.p.A.
- General Dynamics Corporation
- Heckler & Koch
- Herstal Group
- Hyundai Wia Company
- Israel Weapons Industries Ltd. by SK Group
- Kalashnikov Group (Rostec State Corporation)
- KelTec CNC Industries, Inc.
- Kimber Mfg., Inc.
- L3Harris Technologies, Inc.
- Lockheed Martin Corporation
- MBDA
- Northrop Grumman Systems Corporation
- O. F. Mossberg & Sons, Inc.
- RemArms LLC
- RTX Corporation
- Savage Arms, Inc.
- Schuele & Somappa Springs Pvt. Ltd.
- Steyr Arms GmbH
- Sturm, Ruger & Co., Inc.
- Thales Group
- The Boeing Company
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 195 |
| Published | March 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 197.89 Billion |
| Forecasted Market Value ( USD | $ 280.75 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
