Small Arms Market With Complete SWOT Analysis | Leading Players: Fabbrica d'Armi Pietro Beretta S.p.A., Colt Manufacturing Company LLC., GLOCK Ges.m.b.H, Heckler and Koch GmbH, HS Produkt

The small arms market is estimated to register substantial growth during the forecast period owing to increasing demand from various applications during the forecast period. Also, this market has witnessed several key developments by major companies operating in the market including new product development, partnerships, contracts, and so on.

The term "small arms" is used by the military to describe an individual soldier's infantry weaponry. Typically, only revolvers, pistols, submachine guns, carbines, attack rifles, combat rifles, sniper rifles, automatic squad weapons, light machine guns, and occasionally hand grenades are included in the definition. Shotguns, general-purpose machine guns, medium machine guns, and grenade launchers may be classified as small arms or support weapons depending on the specific armed forces. Small arms typically don't have arms to support the infantry.

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The expansion of the small arms industry is predicted to be fueled by the rising demand from nonmilitary applications including sports and self-defense. More civilians are purchasing tiny arms for self-defense as a result of the rise in terrorism and armed conflict in recent years. Due to the same factors, military and law enforcement organisations all over the world have increased their investments in the purchase of high-tech weaponry, including substantial small arms like rifles and handguns. These elements are projected to significantly contribute to market expansion in the next years.

Small Arms Market report covers share, size, and forecast (value and volume) by top players, regions, applications, and product types along with historical data. The Small Arms Market study covers in-depth insights on competitive scenario, description, wide product portfolio of key vendors, SWOT analysis and business strategy adopted by competitors, revenue, Porter's Five Forces Analysis, and sales estimates.

Key Factors Impacting Market Growth:

•Growing Number of Participants in Hunting and Shooting Sports
•Rising demand for Handguns for Self Defense and Law Enforcement Agencies
•Increase in Defense Expenditure
•Difficult Procurement Procedures of the Government

Recent Developments in the Global Small Arms Market

•In January 2022, Smith & Wesson unveiled its new micro 9mm CSX pistol and Volunteer line of AR-style rifles alongside some legacy firearms chambered for .30 ammunition. S&W announced that it would offer flat-faced triggers, B5 Systems stocks/pistol grips, and chromed firing pins as standard for the Volunteer line of rifles.

•In August 2021, Russia's Kalashnikov Group unveiled its latest PPK-20 9 mm submachine gun (SMG) and AK-203 7.62 mm assault rifle. The PPK-20 is the first Russian military-grade SMG, which was primarily intended for field units. On the other hand, the new AK-203 assault rifle now features a slotted muzzle brake/flash suppressor, an integral Picatinny rail interface system for sights and shooting accessories, an ergonomic pistol grip, a folding telescopic stock, and a magazine that allows controlling ammunition consumption.

Key Players

The Small Arms Market studied is a discreetly consolidated market owing to the existence of the small and large market players. Some of the market players are Fabbrica d'Armi 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, SIG Sauer, Smith & Wesson.

Segment analysis

Market segmentation is the process of dividing target market into clearly defined subgroups of consumers who have common priorities. By identifying these segments, marketing strategies can be developed to meet the priorities in a cost-effective way. Small Arms Market is segmented as By Type (Pistol, Revolver, Rifle, Machine Gun, Shotgun, Others), By Technology (Guided, Unguided), By Caliber (5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, Others), By Cutting Type (Smooth Bore, Threaded), By Firing Systems (Gas-operated, Recoil-operated, Manually-operated), By Application (Military, Law Enforcement, Hunting, Sports, Self-defense)

Regional analysis

The market across North America held the largest share, owing to adoption of advanced technology. However, the market across the Asia-Pacific region is projected to register the fastest CAGR during the forecast period, due to growth of emerging countries such as India, South Korea, Japan, and China, and rapid urbanization in the region.

Regions mention in this report is:

North America: US, Canada, Mexico
Europe: Russia, Turkey, Germany, UK, France, Spain, Rest of Europe
Middle East & Africa: UAE, Saudi Arabia, Qatar, Iraq, South Africa Rest of Middle East & Africa
South America: Brazil, Argentina, Colombia, Rest of South America
Asia Pacific: China, Japan, India, South Korea, Australia Rest of Asia Pacific

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The study of the market includes

• Market share study by end-user, service, application, and region
• Investments in R&D and demonstration projects are covered, as well as a full overview of Small Arms Market
• Assessment of regulatory trends and incentives, regional economic development rate, implementation timeline, and environmental constraints

Purchase this report for the following reasons:

• The Small Arms Market research provides a detailed examination of evolving competitive dynamics.
• It provides a forward-looking viewpoint on numerous driving variables or market evolution prevention strategies.
• It presents a six-year prediction based on how the Small Arms Market is expected to expand. It aids in the knowledge of major product areas and their future prospects in the Small Arms industry.
• It gives a precise understanding of changing competitive dynamics and keeps one-step ahead of the competition.
• It assists in making informed commercial decisions by providing complete market insights and extensive market segment analyses.

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