Press release
Small Arms Market 2022 SWOT Analysis by Players Continues Explosive Growth by 2029 | Nammo Group, Israel Military Industries, E.R. Shaw Inc, Indian Ordnance Factories
The "Small Arms Market" report describes in detail the demand and consumption of various products related to the market growth dynamics during the forecast period of 2022-2029. A detailed market assessment of the various opportunities in the market segment is expressed in terms of quantity. These are discussed in many sections, including constraints, challenges and opportunities, regional breakdown, and opportunity assessment. This global Small Arms Market report guarantees rich data on various market opportunities. The research report covers key gaming enthusiasts within the industry, CAGR value, market drivers, restraints, and international competitive strategies from the region. The report includes strong research from expert analysts.The global Small Arms Market is expected to grow with a CAGR greater than 2.3% during the forecast period of 2022-2029.
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Market Overview:
The global small arms market was valued at $8.39 billion in 2020 and is projected to reach $13.75 billion by 2030. North America was the highest revenue contributor, accounting for $3.33 billion in 2020. Small arms are specialized weapons used by any individual for self-defense as well as for recreational purposes. In addition, military and law enforcement personnel also make use of small arms for carrying out their respective operations. Small arms consist of various firearms such as pistols, shotguns, revolvers, rifles, and other related systems. Sports events, hunting activities, and self-defense are the prominent application areas of firearms and it is expected to be a lucrative opportunity in the upcoming years. Governments across the globe have introduced regulations and rules for small arms solution acquisition and usage activities. Growth in the adoption of small arms solutions in sports events and an increase in requirements for small arms for self-defense applications are crucial factors that support growth for small arms across the globe.
The major companies operating in the global Small Arms Market outlined in the report are:
Nammo Group,Israel Military Industries,E.R. Shaw Inc,Indian Ordnance Factories,Smith & Wesson,Arsenal Jsco,Heckler & Koch,Gun Barrels,BAE Systems,Alliant Techsystems Inc
Recent Development:
Shaw Industries Group has acquired 5 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset. Shaw Industries Group has acquired in 3 different US states. The Company's most targeted sectors include building materials (40%) and apparel/textiles (20%).
Alliant Techsystems has acquired 11 companies. A total of 5 acquisitions came from private equity firms. It has also divested 2 assets. Alliant Techsystems' largest acquisition to date was in 2001, when it acquired Cordant Technologies for $2.9B. Alliant Techsystems has acquired in 8 different US states. The Company's most targeted sectors include defense (23%) and apparel/textiles (23%).
Small Arms Market Segments:
Market Segmentation: By Type
Pistols
Rifles
Sub Machine Guns
Assault Rifles
Light Machine Guns
Others
Market Segmentation: By Application
Civil
Military
Homeland Security
Others
Regions Are covered by the Global Small Arms Market
For a comprehensive understanding of market dynamics, the Global Small Arms Market is analyzed across key geographies namely:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, and Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
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The study objectives of this report are:
- To study and analyze the Global Small Arms market size (value and volume) by the company, key regions/countries, products and applications, history data from 2016 to 2021, and forecast to 2029.
- To understand the structure of Small Arms by identifying its various subsegments.
- To share detailed information about the key factors manipulating the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
- To analyze the report with respect to individual growth trends, future prospects, and their contribution to the total market.
- To analyze modest developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Scope of The Small Arms Market Report:
- The report analyses Small Arms by Type Segment.
- The report assesses the Small Arms by End User.
- The Global Small Arms has been analyzed by Region.
- The key insights of the report have been presented through the frameworks of SWOT and Market Attractiveness charts.
- The attractiveness of the market has been presented by Region, Type, and by End User. Additionally, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.
- The report provides a detailed pipeline analysis developed to cure the problem of Small Arms.
- The report tracks competitive developments, strategies, mergers and acquisitions, and new product development.
-To take advantage of business owners, tap hard at Small Arms research to get a thorough understanding of current momentum.
- The report presents the analysis of Small Arms for the historical period of 2016-2021 and the forecast period of 2022-2029.
Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
Customizable: The Global Small Arms Market
The Global Small Arms Market report may be modified to meet your specific business needs. Because we understand our client's needs, we offer 25% customization to any of our reports without adding additional value to all of our clients.
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