The global small arms market size is expected to reach USD 10.32 Billion at a steady CAGR of 2.3% in 2028. There are more than 5,000 honor-killing cases reported annually, while experts believe the actual numbers are much higher. Increasing incidence or robberies, burglaries, and bank heists, as well as kidnapping attempts in various developed and developing countries are some other key factors resulting in rising need for personal weapons for self-defense and safety purposes.
The study relies heavily on both qualitative and quantitative to generate, interpret and analyze raw data about the target market, product or services offered and prominent market players operating in the Small Arms market for the forecast period, 2021 - 2028.
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The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top Companies Operating in the Small Arms Market and Profiled in the Report are:
Smith Wesson, Israel Weapons Industry, Kalashnikov Group, Colt’s Manufacturing LLC, Sturm, Ruger Co., Inc., GLOCK Ges.m.b.H, Lockheed Martin Corporation, Raytheon, General Dynamics Corporation, and Carl Walther GmbH.
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Objectives of the Report:
- Study of the global Small Arms market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Small Arms market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Small Arms market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Small Arms market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Emergen Research has segmented the global small arms market on the basis of type, caliber, technology, action, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Revolver
- Pistol
- Shotgun
- Rifles
- Machine Gun
- Others
Caliber Outlook (Revenue, USD Billion; 2018–2028)
- 9 mm
- 56 mm
- 62 mm
- 7 mm
- 5 mm
- Others
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Guided
- Unguided
Action Outlook (Revenue, USD Billion; 2018–2028)
- Automatic
- Semi-automatic
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Defense
- Military
- Law Enforcement
- Civil Commercial
- Hunting
- Sporting
- Self-defense
- Others
Small Arms Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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