Small Arms Market Report- Technology, Cutting Type, Firing Systems, Action, and Region - Global Forecast to 2025

The small arms market size is projected to grow from USD 8.6 billion in 2020 to USD 9.6 billion by 2025, at a CAGR of 2.1% from 2020 to 2025.

ReportsnReports added Small Arms Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Small Arms Market Report offers detailed information regarding the leading key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. Small Arms Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.

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Top Company Profile Analysis in this Report-
Smith & Wesson (US), Sturm, Ruger & Co., Inc. (US), Colt’s Manufacturing LLC (US), Sig Sauer (US), Steyr Arms (US), Remington Outdoor Company (US), Daniel Defense Inc. (US), Israel Weapons Industry (IWI) (US), Heckler & Koch Gmbh (Germany), GLOCK Ges.m.b.H. (Austria), Kalashnikov Group (Russia), and Česká Zbrojovka a.s. (Czech Republic). 

This research report categorizes the small arms market basis of end-use sector (defense, civil & commercial), type (pistol, revolver, rifle, machine gun, shotgun, others), caliber (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, others), technology (guided, unguided), cutting type (smooth bore, threaded/rifled), firing systems (recoil-operated, gas-operated, manual), action (semi-automatic, automatic), major regions, namely, North America, Europe, Asia Pacific, Middle East, Latin America, and Africa. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the small arms market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches; mergers; and partnerships, agreements, associated with the small arms market.

Based on caliber, the 5.56mm caliber segment of the small arms market is projected to witness the highest CAGR during the forecast period. The growth of the 5.56mm caliber segment can be attributed to increasing adoption of small arms chambered for 5.56mm. Changing focus from shoot to kill to shoot to injure by armed forces has resulted in the greater demand for this caliber. This cartridge has various military and civil designations and is the most preferred caliber for rifle ammunition globally. 5.56mm caliber ammunitions are commonly used in AR-style rifles, as well as AR-style handguns, which are widely available.

Based on type, the rifle segment is projected to grow at a highest CARG in the small arms market from 2020 to 2025. Increase in the use of rifles by military forces and law enforcement agencies and civilian participation in rifle-based shooting sports across regions has led to a growth of this segment. In recent years, increased demand has been observed from armies across the world for sniper rifles, owing to the need for increased precision firing systems and the increasing number of covert operations which also assist the growth of the rifle segment in the small arms market.

The defense segment of the small arms market has been classified into military and law enforcement. The growth of the defense segment of the small arms market can be attributed to the increased spending of countries on military modernization programs, as well as the rise in terrorist activities and civil disturbances in several parts of the world.

North America showcases the highest demand potential for small arms, primarily due to the increased defense spending countries in the region, along with the rise in incidences of gun violence, which are driving both, law enforcement as well as civilian segments to procure small arms for counter-terrorism as well as self-defense applications, respectively. The increasing popularity of sporting and hunting activities among civilians has also led to a significantly higher demand for small arms in the North American region. North American countries are awarding a number of contracts to major players of the small arms market for the delivery of small arms, thus driving the growth of the small arms market in the region. For instance, in February 2020, FN America was awarded a USD 119 million contract by the US Department of Defense over five years for the supply of more than 167,000 M4 and M4A1 rifles. In March 2020, Hecker & Koch was awarded a USD 33 million contract by the US Army Contracting Command for the supply of Compact Semi-Automatic Sniper Systems and Squad Designated Marksman Rifles. In May 2020, Colt Canada, a subsidiary of Colt’s Manufacturing Company LLC, was awarded a contract by the Canadian Department of National Defense for the supply of 272 of the new C20 rifles.

The break-up of the profile of primary participants in the small arms market:
By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
By Designation: C Level – 35%, Director Level – 25%, and Others – 40%
By Region: North America – 25%, Europe – 15%, Asia Pacific – 45%, Middle East – 10%, RoW – 5%
Single User License: US $ 4950  

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Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall small arms market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on small arms offered by the top players in the market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the small arms market
Market Development: Comprehensive information about lucrative markets – the report analyzes the small arms market across varied regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the small arms market
Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the small arms market

Table Of Contents in this Report-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Small Arms Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered For The Study
1.4 Currency
Table1 USD Exchange Rates
1.5 Inclusions And Exclusions
1.6 Market Stakeholders
1.7 Summary Of Changes
Figure1 Small Arms Market To Witness Steady Growth

2 Research Methodology
2.1 Research Data
Figure 2 Research Flow
Figure 3 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Secondary Data Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
Figure 4 Key Insights From Primary Sources
2.1.2.2 Breakdown Of Primary Interviews
Figure 5 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Indicators
2.2.2.1 Increasing Demand From Civilian Applications
2.2.2.2 Increasing Demand For Small Arms In North America Despite Covid-19 Crisis
2.2.3 Supply-Side Indicators
2.2.3.1 Introduction Of Lightweight Small Arms Technologies
Table 2 Key Technology Developments In Lightweight Small Arms
2.3 Market Size Estimation
2.3.1 Market Definition & Scope
2.3.1.1 End-Use Sector
2.3.1.2 By Caliber
2.3.1.3 By Type
2.3.1.4 By Technology
2.3.1.5 By Cutting Type
2.3.1.6 By Firing System
2.3.1.7 By Action
2.4 Research Approach & Methodology
2.4.1 Bottom-Up Approach
2.4.1.1 Covid-19 Impact On Market
2.4.1.2 Small Arms Market For Military
2.4.1.3 Small Arms Market For Law Enforcement
2.4.1.4 Small Arms Market For Civil & Commercial
2.4.1.5 Small Arms Market Size, By Segment
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.5 Market Breakdown & Data Triangulation
Figure 8 Data Triangulation
2.6 Growth Rate Assumptions
2.7 Research Assumptions
Figure 9 Assumptions For The Research Study
2.8 Risks

3 Executive Summary
Figure10 Civil & Commercial Small Arms Projected To Account For Largest Share During Forecast Period
Figure11 9mm Caliber Projected To Dominate During Forecast Period
Figure12 Rifle Segment Projected To Account For Major Share During Forecast Period
Figure13 Smooth Bore Segment To Command Largest Share During Forecast Period
Figure14 Guided Small Arms Segment To Grow At Higher CAGR During Forecast Period
Figure15 Gas-Operated Small Arms To Hold Dominant Share During Forecast Period

4 Premium Insights
4.1 ATTractive Growth Opportunities In Small Arms Market
Figure16 Increasing Demand For Small Arms In Civil & Commercial Applications Drives Market Growth
4.2 Small Arms Market For Defense Applications
Figure17 Military Segment Projected To Lead Small Arms Market During Forecast Period
4.3 Small Arms Market For Civil & Commercial Applications
Figure18 Self-Defense Small Arms To Hold Major Share During Forecast Period
4.4 Small Arms Market, By Type
Figure19 Rifle Segment Estimated To Account For Largest Share Of Small Arms Market In 2020
4.5 Small Arms Market, By End User
Figure 20 Civil & Commercial Applications To Lead In Small Arms Market During Forecast Period

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