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Weapons Manufacturing

A Global Strategic Business Report

MCP16103

RESEARCH DASHBOARD

OCT 2025

RELEASE DATE

5633

EXECUTIVE POOL

5850

PRICE

902

EXPERT INPUTS

41

COMPANIES

123

DATA TABLES

194

PAGES

8

EDITION
WHAT'S BEHIND OUR DATA?

140857226

DOMAIN TRANSCRIPTS

6080276

BRANDS TRACKED

1729341

FEATURED COMPANIES

22574

TOPICS COVERED

82719

MARKET SEGMENTS

91

KEY INDUSTRIES

1574

CURATION TEAM

4761909

DECISION MAKERS
EXECUTIVE ENGAGEMENTS BY TIER (1372)

246

CXO

193

VICE PRESIDENT

255

DIRECTOR

613

MANAGER

65

MARKETING
REQUEST FULL-STACK INDEX Includes 350+ pages validated sources
QUESTIONNAIRE EXECUTIVES DATA ROOM
  

HIGHLIGHTS & REPORT INDEX

Global Weapons Manufacturing Market to Reach US$172.5 Billion by 2030

The global market for Weapons Manufacturing estimated at US$146.2 Billion in the year 2024, is expected to reach US$172.5 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2024-2030. Small Arms, one of the segments analyzed in the report, is expected to record a 4.1% CAGR and reach US$36.6 Billion by the end of the analysis period. Growth in the Explosives, Rockets & Mortars segment is estimated at 2.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$39.9 Billion While China is Forecast to Grow at 2.3% CAGR

The Weapons Manufacturing market in the U.S. is estimated at US$39.9 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.6 Billion by the year 2030 trailing a CAGR of 2.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 2.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.0% CAGR.

Global Weapons Manufacturing Market – Key Trends & Drivers Summarized

How Is the Weapons Manufacturing Industry Adapting to Modern Warfare?

The weapons manufacturing industry has undergone significant transformation in response to evolving military requirements and technological advancements. Modern warfare increasingly relies on sophisticated, high-tech weaponry that offers precision, automation, and advanced communication capabilities. This shift has pushed manufacturers to focus on developing weapons systems that integrate artificial intelligence (AI), robotics, and cyber capabilities. Drones, autonomous vehicles, and advanced missile systems are now at the forefront of defense strategies. Nations are also investing heavily in upgrading their military arsenals with advanced cybersecurity measures to defend against modern threats. As a result, weapons manufacturing has become a high-tech industry, emphasizing innovation and integration of cutting-edge technology.

What Role Does Technology Play in Advancing Weapons Manufacturing?

Technology is driving significant advancements in weapons manufacturing, with innovations in AI, robotics, and materials science leading the way. AI-powered weapons systems offer enhanced targeting and decision-making capabilities, while autonomous vehicles and drones allow for more effective, remote operations on the battlefield. In addition, advances in materials science are resulting in lighter, stronger, and more durable weapons that improve mobility and performance. The use of 3D printing in manufacturing is also gaining traction, enabling faster production of weapon components and reducing costs. The integration of networked communication systems has further enhanced the interoperability and effectiveness of modern military equipment, making technological advancement a key driver in the industry.

How Are Geopolitical Factors Impacting the Weapons Manufacturing Market?

Geopolitical tensions and defense spending by major nations are key drivers of the weapons manufacturing market. As countries invest in modernizing their defense systems to counter emerging threats, the demand for advanced weaponry is on the rise. Regional conflicts, as well as concerns over global security issues like terrorism and cyberwarfare, have led governments to prioritize military spending. In response, defense contractors are developing more sophisticated weapons systems to meet these demands. Additionally, international arms agreements and export regulations shape the market, as manufacturers navigate complex legal frameworks while seeking to expand their global reach.

What Is Driving Growth in the Weapons Manufacturing Market?

The growth in the weapons manufacturing market is driven by several factors, including increased defense budgets, rising geopolitical tensions, and advancements in military technology. Governments worldwide are investing in advanced weapons systems to ensure national security and enhance military capabilities. The development of AI-driven weapons, autonomous systems, and cybersecurity solutions has further propelled market growth. Additionally, the global demand for unmanned aerial vehicles (UAVs), precision-guided munitions, and missile defense systems is expanding as countries prepare for modern threats. These factors, coupled with ongoing military modernization programs, are driving the sustained growth of the weapons manufacturing industry.

SCOPE OF STUDY

The report analyzes the Weapons Manufacturing market by the following Segments, and Geographic Regions/Countries:

Segments:

Segment (Small Arms, Explosives, Rockets & Mortars, Artillery, Non-Gun Powder Weapons).

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World..

SELECT PLAYERS

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

AI INTEGRATIONS

We’re transforming market and competitive intelligence with validated expert content and AI tools.

Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

TABLE OF CONTENTS

1. MARKET OVERVIEW
Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy
How Trump’s Tariffs Impact the Market? The Big Question on Everyone’s Mind
How Trump’s Tariffs Impact the Market? The Big Question on Everyone’s Mind
Weapons Manufacturing – Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for 41 Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Increasing Defense Budgets and Military Modernization Programs
Technological Advancements in Smart and Autonomous Weapons
Rising Demand for Unmanned Aerial Vehicles (UAVs) in Combat
Growth of Cybersecurity Solutions and Electronic Warfare Systems
Impact of Geopolitical Tensions on Arms Manufacturing and Sales
Increasing Focus on Precision-Guided Munitions and Hypersonic Weapons
Expansion of Defense Manufacturing in Emerging Markets
Impact of Global Regulations and Export Controls on Weapon Trade
Rising Demand for Non-Lethal Weapons in Law Enforcement
Growth of Defense R&D and Innovation in Advanced Weaponry
Rising Demand for Renewable Energy and Wind Power Generation
Technological Innovations in Predictive Maintenance and Analytics
Increasing Adoption of Offshore Wind Turbines Driving O&M Growth
Growth in the Number of Wind Farms Reaching Maturity
Impact of Government Incentives and Clean Energy Policies
Expansion of Remote Monitoring and AI in Wind Turbine Maintenance
Growing Focus on Cost-Effective Maintenance Solutions
Impact of Aging Wind Turbine Infrastructure on O&M Services
Rising Investments in Wind Power Capacity Expansion
Growing Demand for Skilled Labor and Training in Wind O&M
4. GLOBAL MARKET PERSPECTIVE
World Weapons Manufacturing Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
UNITED STATES
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
CANADA
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
JAPAN
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
CHINA
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
EUROPE
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
FRANCE
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
GERMANY
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
ITALY
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
UNITED KINGDOM
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
REST OF EUROPE
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
ASIA-PACIFIC
Weapons Manufacturing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030
REST OF WORLD
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 2024 through 2030 and % CAGR
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 2015 through 2023 and % CAGR
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 2015, 2025 & 2030

COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

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