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The global Anti Material Gun Market is undergoing notable growth, with a substantial CAGR expected during the forecast period leading up to 2032. An anti-material gun is used against military equipment like vehicles, structures, and other hardware. They deliberately use a larger caliber ammunition than conventional rifles to achieve their purpose of penetrating through unarmored or lightly-armored targets.
Anti-material rifles are primarily employed for long-range targets and to cut through light armor. They are capable of taking down enemy aircraft, small watercrafts, radar equipment, and other such targets. These rifles achieve their goals by having a significantly larger calibers than conventional rifles. Different rifles use different calibers, while some are also capable of switching calibers by changing their barrels, such as the Denel NTW-20 and the Indian Vidhwansak. Most commonly used calibers are the 12.7 mm, 14.5 mm, and the 20 mm. These rifles are mainly seen being used by the military, with some application in homeland security and other industries also.
Improved mechanisms and better precision for the gun are major driving factors of the market. The guns being developed now are made such so that exchanging calibers by changing barrel of the gun is as quick and simple as possible. Improvements to scopes for providing better vision are also aiding market growth.
A major restraint for the market is the improving armor on most military vehicles today. A thicker armor decreases the efficiency of the AMR to cut through the vehicle to cause any major damage. Another factor is the capital required for the development of the technology of these guns.
The Russia-Ukraine war broke out in February 2022, and has been raging across Ukraine’s eastern front lines for more than a year. Both the nations involved have been investing heavily in upgrading their military technologies, to provide their armies with an added advantage on the battlefield. One of the weaponry being used extensively in the war are anti-material rifles. AMRs are being used to stop or push back troops or light armored vehicles on the battle lines. Ukraine for instance has been using the very powerful Snipex Alligator rifle to push back enemy troops. The rifle uses a 14.5 mm heavy round, and is up to six feet tall. Ukraine has also been seen using the U.S. supplied Barrett rifle. Such instances show that the war has proved beneficial for the growth of the market.
The global anti-material gun market can be divided into three broad categories- by type, by component, and by end user. Based on the type of caliber used by the rifle, the market can be divided into 12.7 mm, 14.5 mm, 20 mm, and others. Based on the components of the rifle, the market is divided into stock, barrel, scope, ammunition, bipod, and others. Based on the type of ammunition used for the rifle, the market is divided into armor piercing, incendiary rounds, high explosive incendiary rounds, tracer rounds, sabotaged rounds, and others. Based on the end user, the market can be trifurcated into military, homeland security, and others. Based on the region, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and the Rest of the World.
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North America is projected to dominate the market. The region sees a considerable military expenditure by nations like U.S. and Canada, which creates a heavy demand for anti-material rifles. The region also has big established firms such as Anzio Ironworks Corporation and Barrett, which helps in bolstering the manufacturing and the research of the technology.
Asia Pacific is projected to grow the fastest in the upcoming years. Rising geo-political disputes in the area is making nations such as India, China, South Korea, and others expand their military budget, thus creating demand. Development of new technology in the region is also favoring market growth. For instance, Ordnance Factory Chennai under the Indian Department of Defence developed the Vidhwansak AMR, which is one of the few AMR rifles in the world capable of switching different calibers quickly. Such instances also favor the entry of new players in the market.
By Type | By Component | By Ammunition | By End User | By Geography |
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