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The global automatic weapons market was estimated at US$ 8.55 billion in 2021 and is expected to grow at a CAGR of 10.2% during 2022-2028 to reach US$ 16.9 billion by 2028.
Automatic weapons are semi-automatic and fully automatic firearms combinations. Automatic weapons fire constantly rounds if the gun trigger is hard-pressed or if there is ammo in the chamber. Automatic weapons have instigated a change in war engagement & defense strategies owing to their vast range of characteristics.