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With a CAGR of 5.3% between 2023 and 2030, the value of the Global Small Arms Market is projected to hit USD 13.29 billion. There are a number of factors contributing to the expansion of the small arms market, including the need to protect oneself against violence and the prevalence of international wars. Terrorist acts, interstate wars, and other forms of asymmetrical conflict have all contributed to a rise in the demand for small guns from the military and law enforcement.
Small arms, sometimes known as handguns, are versatile weapons that can be used for both self-defense and sport. Small guns are also essential for the work of law enforcement and the military. Pistols, shotguns, revolvers, rifles, and other similar systems are all examples of small arms. Guns find widespread use in a variety of contexts, including competitive sports, hunting, and self-defense, and this market is expected to grow in the future years. Regulations and guidelines governing the purchase and possession of small weapons alternatives have been enacted by governments worldwide. The industry that makes weapons is one that is continually evolving. The innovation rate in the weapons sector is on the rise. Materials used to construct little arms have improved in recent years to make them more durable, flexible, and streamlined. The advent of 3D printing has brought forth the terrifying possibility of producing a pistol without utilising any metal at all. Bullets that can get through body armour and still deal a lot of damage have been created. The market for guns is growing as a result of manufacturers' efforts to create more precise weapons.
This study breaks down the global small arms market into its component parts, providing projections for revenue growth and analyses of trends for each. The research examines the possibilities, threats, and growth factors that are shaping the small arms market. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the small weapons market is broken down and the report's top players are identified, profiled, and their core capabilities analysed.
Influential Elements
In North America, Europe, and the Middle East, there is a strong demand for handguns, revolvers, rifles (especially assault rifles and sniper rifles), shotguns, and automatic weapons. The military, the police, and the private sector are just some of the places where firearms have seen increased use in recent years. The rise in demand has resulted in a technologically advanced and purpose-built new generation of small guns. The guns industry is always innovating and releasing new firearms to satisfy demand and generate income. Research and development (R&D) efforts are ongoing at the industry's top firms to increase the accuracy, portability, and lethality of small guns.
Factors That Hold It Back
Arms, weapons, and other forms of warfare equipment are governed by different sets of rules depending on the region's financial, legal, and political institutions. In the small arms industry, this is a major consideration for buyers and sellers alike. Examples of country-specific norms and regulations include those pertaining to import/export controls, technology transfer, and anti-corruption legislation. Failure to comply with or adhere to these regulations may have far-reaching consequences for business operations, ultimately leading to decreased worldwide market income. The growth of the small arms market is constrained by the varying rules imposed by countries. These regulations are affected by economic, legal, and political factors.
During the predicted time period, the rifle subsegment is projected to account for a lion's share of the worldwide small arms market.
Pistols, revolvers, rifles, machine guns, shotguns, and others make up a portion of the global small arms market. The rifle category is anticipated to represent the highest share of the small arms market worldwide. This class includes such diverse weapons as assault rifles, recoilless rifles, sniper rifles, modern sporting rifles, and anti-material/bolt-action rifles. The popularity of contemporary sporting rifles has risen alongside the popularity of hunting and other shooting sports in recent years. Demand for assault rifles and sniper rifles has increased relative to other small weapons as a result of worldwide modernization programmes, contributing to the growth of the rifle segment.
During the forecast period, the 5.56MM calibre segment of the global small arms market is anticipated to expand at the quickest rate.
The international market for small arms is segmented by calibre into 5.56MM, 7.62MM, 9MM, and others. The worldwide small arms market is anticipated to expand at a particularly rapid rate in the 5.56MM calibre sector over the projected period. The growth of the 5.56mm calibre market can be traced to the rising popularity of small guns with that chambering. There has been a surge in demand for this calibre since the military has shifted its focus from killing to wounding. Assault rifles and AR-style pistols employ 5.56mm ammunition, which is widely available worldwide.
During the forecast period, the automatic subsegment of the global small arms market is anticipated to expand at the highest rate.
Automatic, semi-automatic, and manual small weapons account for different segments of the global market. The automatic category is anticipated to expand at a higher rate than the others in the global small arms market throughout the projected period. Automatic mode is frequently used in military and law enforcement applications because it enables the rapid and efficient elimination of adversarial troops or targets. Rapid firing from automatic small arms can overwhelm the defences of the enemy and severely limit their capacity to respond in kind by surrounding them.
Report Coverage
Global Small Arms research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Small Arms report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Small Arms competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Small Arms market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Small Arms market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Small Arms market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Colt’s Manufacturing LLC, Beretta, Smith & Wesson, Sig Saur GmbH, Remington Arms Company LLC, FN Herstal, Sturm, Ruger & Co., Inc., GLOCK Ges.m.b.H., Israel Weapons Industry (IWI), CheyTac LLC, Kalashnikov Group, Heckler & Koch Gmbh, Èeská Zbrojovka a.s., Barret Firearms, Springfield Armory Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Small Arms market based on the below-mentioned segments:
Global Small Arms Market, By Type
Pistol
Revolver
Rifle
Machine Gun
Shotgun
Others
Global Small Arms market, By Caliber
5.56MM
7.62MM
9MM
Others
Global Small Arms Market, By End User
Defense
Civil & Commercial
Others
Global Small Arms market, Regional Analysis
Small arms, sometimes known as handguns, are versatile weapons that can be used for both self-defense and sport. Small guns are also essential for the work of law enforcement and the military. Pistols, shotguns, revolvers, rifles, and other similar systems are all examples of small arms. Guns find widespread use in a variety of contexts, including competitive sports, hunting, and self-defense, and this market is expected to grow in the future years. Regulations and guidelines governing the purchase and possession of small weapons alternatives have been enacted by governments worldwide. The industry that makes weapons is one that is continually evolving. The innovation rate in the weapons sector is on the rise. Materials used to construct little arms have improved in recent years to make them more durable, flexible, and streamlined. The advent of 3D printing has brought forth the terrifying possibility of producing a pistol without utilising any metal at all. Bullets that can get through body armour and still deal a lot of damage have been created. The market for guns is growing as a result of manufacturers' efforts to create more precise weapons.
This study breaks down the global small arms market into its component parts, providing projections for revenue growth and analyses of trends for each. The research examines the possibilities, threats, and growth factors that are shaping the small arms market. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the small weapons market is broken down and the report's top players are identified, profiled, and their core capabilities analysed.
Influential Elements
In North America, Europe, and the Middle East, there is a strong demand for handguns, revolvers, rifles (especially assault rifles and sniper rifles), shotguns, and automatic weapons. The military, the police, and the private sector are just some of the places where firearms have seen increased use in recent years. The rise in demand has resulted in a technologically advanced and purpose-built new generation of small guns. The guns industry is always innovating and releasing new firearms to satisfy demand and generate income. Research and development (R&D) efforts are ongoing at the industry's top firms to increase the accuracy, portability, and lethality of small guns.
Factors That Hold It Back
Arms, weapons, and other forms of warfare equipment are governed by different sets of rules depending on the region's financial, legal, and political institutions. In the small arms industry, this is a major consideration for buyers and sellers alike. Examples of country-specific norms and regulations include those pertaining to import/export controls, technology transfer, and anti-corruption legislation. Failure to comply with or adhere to these regulations may have far-reaching consequences for business operations, ultimately leading to decreased worldwide market income. The growth of the small arms market is constrained by the varying rules imposed by countries. These regulations are affected by economic, legal, and political factors.
During the predicted time period, the rifle subsegment is projected to account for a lion's share of the worldwide small arms market.
Pistols, revolvers, rifles, machine guns, shotguns, and others make up a portion of the global small arms market. The rifle category is anticipated to represent the highest share of the small arms market worldwide. This class includes such diverse weapons as assault rifles, recoilless rifles, sniper rifles, modern sporting rifles, and anti-material/bolt-action rifles. The popularity of contemporary sporting rifles has risen alongside the popularity of hunting and other shooting sports in recent years. Demand for assault rifles and sniper rifles has increased relative to other small weapons as a result of worldwide modernization programmes, contributing to the growth of the rifle segment.
During the forecast period, the 5.56MM calibre segment of the global small arms market is anticipated to expand at the quickest rate.
The international market for small arms is segmented by calibre into 5.56MM, 7.62MM, 9MM, and others. The worldwide small arms market is anticipated to expand at a particularly rapid rate in the 5.56MM calibre sector over the projected period. The growth of the 5.56mm calibre market can be traced to the rising popularity of small guns with that chambering. There has been a surge in demand for this calibre since the military has shifted its focus from killing to wounding. Assault rifles and AR-style pistols employ 5.56mm ammunition, which is widely available worldwide.
During the forecast period, the automatic subsegment of the global small arms market is anticipated to expand at the highest rate.
Automatic, semi-automatic, and manual small weapons account for different segments of the global market. The automatic category is anticipated to expand at a higher rate than the others in the global small arms market throughout the projected period. Automatic mode is frequently used in military and law enforcement applications because it enables the rapid and efficient elimination of adversarial troops or targets. Rapid firing from automatic small arms can overwhelm the defences of the enemy and severely limit their capacity to respond in kind by surrounding them.
Report Coverage
Global Small Arms research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Small Arms report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Small Arms competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Small Arms market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Colt’s Manufacturing LLC, Beretta, Smith & Wesson, Sig Saur GmbH, Remington Arms Company LLC, FN Herstal, Sturm, Ruger & Co., Inc., GLOCK Ges.m.b.H., Israel Weapons Industry (IWI), CheyTac LLC, Kalashnikov Group, Heckler & Koch Gmbh, Èeská Zbrojovka a.s., Barret Firearms, Springfield Armory Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Small Arms Market from 2021 to 2030.
- Market Forecast for Small Arms Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Small Arms competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Small Arms
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Small Arms market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Small Arms market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Colt’s Manufacturing LLC, Beretta, Smith & Wesson, Sig Saur GmbH, Remington Arms Company LLC, FN Herstal, Sturm, Ruger & Co., Inc., GLOCK Ges.m.b.H., Israel Weapons Industry (IWI), CheyTac LLC, Kalashnikov Group, Heckler & Koch Gmbh, Èeská Zbrojovka a.s., Barret Firearms, Springfield Armory Inc.
Primary Target Market
- Market Players of Small Arms
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Small Arms market based on the below-mentioned segments:
Global Small Arms Market, By Type
Pistol
Revolver
Rifle
Machine Gun
Shotgun
Others
Global Small Arms market, By Caliber
5.56MM
7.62MM
9MM
Others
Global Small Arms Market, By End User
Defense
Civil & Commercial
Others
Global Small Arms market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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