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Category: Military

Automatic Weapons Market worth $8.7 billion by 2023

Gun Machine Gun Weapons Firearm Automatic White

According to the new market research report Automatic Weapons Market by Product (Automatic Rifle, Machine Gun, Automatic launchers, Automatic Cannon, Gatling Gun), End Use (Land, Airborne, Naval, Handheld & Stationary), Caliber (Small, Medium, Large), Type, and Region – Global Forecast to 2023″, The automatic weapons market is projected to grow from USD 6.0 billion to USD 8.7 billion by 2023, at a CAGR of 7.82% from 2018 to 2023. This growth can be attributed to the increasing incidences of armed conflicts, war, and terrorism, which are driving the demand for automatic weapons globally.

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Based on end use, the naval segment is expected to lead the automatic weapons market during the forecast period.

Based on end use, the automatic weapons market is estimated to be led by the naval segment from 2018 to 2023. Automatic weapons on naval platforms are multi-configurable and can be mounted on Close-in Weapon System (CIWS), a fully automatic system that can search, detect, and evaluate the threat and track, engage, and destroy targets on its own. Countries such as the US, Russia, and China are investing more in automated technologies and focusing on manufacturing a wide range of offensive weapons systems. For instance, in January 2018, BAE Systems was awarded a contract worth USD 46.8 million by the US Navy to upgrade the existing MK45 naval guns to increase the firepower and extend the range of the weapons.

The automatic rifles segment is projected to grow at the highest CAGR during the forecast period.

The automatic weapons market has been analyzed and segmented based on product into automatic rifles, machine guns, automatic launchers, automatic cannons, and Gatling guns. The automatic weapons market is led by the automatic rifles segment and also projected to grow at the highest CAGR during the forecast period. Fully-automatic automatic rifles allow quick succession of firing of bullets. There have been significant developments in the conventional automatic rifles prototype design. Next Generation Squad Automatic Rifle (NGSAR) are the example of modern automatic rifles. Textron systems, FN America, General Dynamics, Si Bauer and PCP Tactical are developing prototypes for the Army’s Next Generation Squad Automatic Rifle to replace the M249 Squad Automatic Weapon currently used.

Asia Pacific is projected to be the next opportunistic market for automatic weapons.

The rapid growth of the automatic weapons market in Asia Pacific can be attributed to the increasing defense budgets to innovate and develop robust precision weapon systems by emerging countries, such as China and India. For instance, India-based companies, such as Mahindra Defense Systems and Bharat Electronics, recently launched their newly developed remote weapon stations for armored vehicles.

China is estimated to account for the largest share of the Asia Pacific automatic weapons market in 2018. This rapid growth can be attributed to the increasing research & development activities undertaken in the region for the development of advanced technology-based designs of remote weapon stations.

Companies such as General Dynamics Corporation (US), Northrop Grumman (US), Rheinmetall AG (Germany), ST Engineering (Singapore), KBP Instrument Design Bureau (Russia), Heckler & Koch AG (Germany), FN Herstal (Belgium), Colt’s Manufacturing Company LLC (US), Israel Weapon Industries (Israel), NORINCO (China), Denel Land Systems (South Africa), Kalashnikov Concern (Russia), BAE Systems (UK), Barrett Firearms Manufacturing (US), and Ukroboronprom (Ukraine) are some of the leading players have made significant contribution to the global automatic weapons market.

Don’t miss out on business opportunities in Automatic Weapons Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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Artificial Intelligence in Military Market: Rising Demand for Information Processing Leading to the Growth of Big Data Analytics

According to study Artificial Intelligence in Military Market by Offering (Software, Hardware, Services), Technology (Learning & Intelligence, Advanced Computing, AI Systems), Application (Information Processing, Cyber Security), Platform, Region – Global Forecast to 2025″, The Artificial Intelligence in Military Market is estimated to be USD 6.26 Billion in 2017 and is projected to reach USD 18.82 Billion by 2025, at a CAGR of 14.75% from 2017 to 2025.  Increasing investment towards the development of AI integrated systems and rising adoption of cloud-based applications are key factors projected to drive the growth of the artificial intelligence in military market.

Browse 67 market data Tables and 46 Figures spread through 149 Pages and in-depth TOC on “Artificial Intelligence in Military Market – Global Forecast to 2025”

http://techieabhi2018.blogspot.com/2018/08/Artificial-Intelligence-in-Military.html

Based on platform, the land segment is projected to lead the artificial intelligence in military market.

Based on platform, the land segment is expected to lead the artificial intelligence in military market from 2017 to 2025. Militaries worldwide are focused on the integration of AI with land platforms. The incorporation of AI technology into unmanned ground vehicles assists in the successful execution of various ground operations, such as disabling Improvised Explosive Devices (IEDs) and other kinds of roadside bombs intended to cripple military patrols and convoys.

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Based on offering, the software segment of the artificial intelligence in military market is expected to grow at the highest CAGR during the forecast period.

Based on offering, the artificial intelligence in military market has been segmented into hardware, software, and services. The software segment of the artificial intelligence in military market is projected to grow at the highest CAGR during the forecast period. The growth of the software segment can be attributed to the significance of AI software in strengthening the IT framework to prevent incidents of security breach.

The US is projected to lead the artificial intelligence in military market during the forecast period.

Based on country, the US is estimated to account for the largest share of the artificial intelligence in military market in 2017. This growth can be attributed to the need for automated warfare systems, the involvement of the military in asymmetric warfare, and various modernization programs carried out by the US Armed Forces, which, in turn, has enabled major defense manufacturers in this country to develop techno-efficient AI systems for military operations.

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Key players operating in the artificial intelligence in military market are Lockheed Martin (US), Raytheon (US), Northrop Grumman (US), IBM (US), Thales Group (France), General Dynamics (US), NVIDIA (US), and BAE Systems (UK).

Highlights of Major Players in the Military Embedded Systems Market: Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis

According to Latest Study Military Embedded Systems Market by Application (ISR, Communication, Computer, Cyber, Combat, Command & Control), Component (Processor, GPU, DPS, IP-Chip, Others), Platform (Land, Air, Naval), Architecture, and Region – Global Forecast to 2021″,

https://www.marketsandmarkets.com/Market-Reports/military-embedded-system-market-112996974.html

Factors such as increased use of multicore technologies, emergence of modern warfare systems such as electronic warfare and network centric warfare systems and increased use of wireless and cloud computing technologies drive the market for military embedded systems market during the forecast period.

On the basis of architecture, hardware is the largest segment in the military embedded systems market.

The growth of the hardware segment is attributed to the increased demand of embedded systems for advanced and modern warfare applications. Hence, there is a rise in complex designing of hardware components. The defense industry is demanding for the embedded systems which are compact, and light weight, as well as are of low cost. In order to avoid the delay being faced by clients to obtain these upgraded hardware components, the manufacturers are upgrading the commercial off-the-shelf (COTS) hardware components at a rapid rate.

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Microprocessor segment projected to dominate the military embedded systems market during the forecast period.

Microprocessor is used in military equipment to process intensive applications such as radars. The complexity of microprocessors is growing and requires increased computational power. Manufacturers are focusing upon the constraints of microprocessors such as, thermal dissipation, higher processing and low power in order to solve these issues.  Increase in the abilities of these processors has led to the adoption of increasing processing intensive technologies such as GPGPU (General purpose graphical processing unit), which has led to a significant increase in the defense application, especially in defense aviation.

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North America is expected to be the largest market for military embedded systems

North America is the largest regional segment in the military embedded systems market. The major countries under this region are the U.S. and Canada. The U.S. leads the military embedded systems market in North America. The region is witnessing growth due to increased investments in defense equipment and warfare capabilities and the implementation of network centric infrastructure across the region.

Kontron AG (Germany), Curtiss-Wright Corporation (U.S.), Microsemi Corporation (U.S.) among others are the key players operational in the military embedded systems market. The market share analysis has been carried out by tracking all the products of the key market players, their geographical presence, and recent developments.

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