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key factors for the growth of the Small Arms Market are increase in participation in hunting and shooting sports, rise in demand for self-defense and law enforcement, and political instability.

12-26-2018 05:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

key factors for the growth of the Small Arms Market are increase

The market is segmented into end user, type, caliber, cutting type, operation, technology, and geography. By end user, it is divided into military, law enforcement, hunting, sports, and self-defense. By type, it is classified into pistol, revolver, rifle, machine gun, and shortgun. By caliber, it is categorized into 5.56 mm, 7.62 mm, and 9 mm. By cutting type, it is bifurcated into rifled and smooth bore. The operation type is segmented into automatic, semi-automatic, and manual. By technology, the market is classified into guided and unguided types. By geography, it is analyzed across North-America, Europe, Asia-Pacific, and LAMEA.

The key players mentioned in the report are Fabbrica dArmi Pietro Beretta S.p.A., Colt Manufacturing Company LLC., GLOCK Ges.m.b.H, Heckler and Koch GmbH, HS Produkt, Israeli Weapon Industries, Concern Kalashnikov, Remington Arms Company LLC, SIGSAUER, and Smith & Wesson.

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The arms industry is also known as the defense industry or the arms trade. This industry is responsible for the production and sales of weapons and military technology. The companies producing arms are also referred to as arms dealers, defense contractors, or as the military industry. They are solely responsible for producing arms for the armed forces of state and civilians. It consists of commercial industry involved in the R&D, engineering, production, and servicing of military material, equipment, and facilities.

The key factors for the growth of the market are increase in participation in hunting and shooting sports, rise in demand for self-defense and law enforcement, and political instability. However, implementation of strict rules by the regulatory bodies in procuring and keeping arms restrains the growth of the market. Also, strict enforcement of laws against hunting gradually hinder the growth of the market. The increase in measures to exterminate terrorism is a probable opportunity for the market.

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Key Benefits
• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global small arms market.
• In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2023.
• Exhaustive analysis of the market by type, end user, and operations helps understand the products that are used currently along with the variants that is projected to gain prominence in the future.
• Competitive intelligence elucidates the competitive scenario across the geographies.

Small Arms Market Key Segments:

BY END USER
- Military
- Law Enforcement
- Hunting
- Sports
- Self-Defense

BY TYPE
- Pistol
- Revolver
- Rifle
- Machine Gun
- Shotgun

BY CALIBER
- 5.56 mm
- 7.62 mm
- 9 mm

BY CUTTING TYPE
- Rifled
- Smooth Bore

BY OPERATION
- Automatic
- Semi-Automatic
- Manual

BY TECHNOLOGY
- Guided
- Unguided

About Us:-

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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