Handguns Market Expected to Achieve 9.3% CAGR by 2029: Growth Forecast Insights

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
How Large Will the Handguns Market Size By 2025?_x000D_
In recent times, the handguns market has seen robust growth, anticipated to rise from $3.73 billion in 2024 to $4.09 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.7%. Factors contributing to growth during the historical period include an uptick in demand for individual safety, escalated interest in shooting sports for recreation, increased procurement by law enforcement, expanding acceptance of concealed carry permits, and a growing culture of gun ownership._x000D_
_x000D_
How Big Is the Handguns Market Size Expected to Grow by 2029?_x000D_
Anticipations for the handguns market size are of substantial growth in the coming years. The expected market value sits at $5.84 billion by 2029 with a CAGR of 9.3%. Factors contributing to this estimated growth for the forecast period are the escalating demand for tailor-made and modular handguns, the surge in online sales channels and the embrace of e-commerce, heightened consciousness of home defense tactics, burgeoning interest in firearm personalization, and an upswing in engagement in shooting sports. Leading trends for the forecast period encompass technology-infused ammunition tracking, progress in polymer frame patterns, fusion with wearable technology, alignment with law enforcement systems, and advancements in trigger mechanisms._x000D_
_x000D_
View the full report here: _x000D_
https://www.thebusinessresearchcompany.com/report/handguns-global-market-report_x000D_
_x000D_
Which Key Market Drivers Powering Handguns Market Expansion and Growth?_x000D_
The growth of the handguns market is likely to be driven by amplified concerns about personal safety. Personal safety concerns arise from the anxiety or danger of physical or emotional harm in a specific environment or situation. This increased apprehension comes as a consequence of escalating crime rates, which exacerbate the fear of becoming victims of theft, assault, or other forms of violence. In response to these concerns about personal safety, handguns offer a form of self-defense, providing protection in perilous situations. For example, data from the Bureau of Justice Statistics, a federal agency in the US, indicated in September 2023 that the rate of nonfatal violent victimizations reported to the police rose to 9.7 per 1,000 individuals in 2022, a considerable increase from 7.5 per 1,000 in 2021. Hence, the surge in personal safety concerns is propelling the growth of the handguns market._x000D_
_x000D_
Get your free sample here:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=25341&type=smp_x000D_
_x000D_
Which Fast-Growing Trends Are Poised to Disrupt the Handguns Market?_x000D_
Notable firms in the handgun market are concentrating on the innovation of new products such as the striker-fired semi-automatic pistols. These enhancements aim to boost performance, safety, and the overall user experience. The striker-fired semi-automatic pistols are handguns that utilize a spring-loaded striker rather than a conventional hammer to activate the primer, providing a consistent trigger pull and rapid firing. In January 2024, for example, Daniel Defense, Inc., an American firearms producer, unveiled the DANIEL H9 Handgun. This pistol marries the comfortable handling and easy aiming of a 1911 with the simplicity of firing and upkeep seen in a striker-fired model. Its low bore axis contributes to recoil and muzzle rise reduction, enabling faster, more precise subsequent shots. The H9, constructed from aircraft-grade aluminum, offers both strength and lightness. It comes with completely ambidextrous controls and a modular format for heightened ergonomics and customization. The handgun, additionally, is prepared for optics and features a 1911-style straight-pull trigger comprising a safety blade for more accurate and safer usage._x000D_
_x000D_
What Are the Emerging Segments in the Handguns Market?_x000D_
The handguns market covered in this report is segmented - _x000D_
_x000D_
1) By Type: Revolvers, Semi-Automatic Pistols, Single-Shot Handguns, Other Types_x000D_
2) By Material: Metal, Polymer, Composite Materials_x000D_
3) By Distribution Channel: Online Sales, Offline Retail, Specialty Stores_x000D_
4) By End-User: Defense And Homeland Security, Self-Defense, Sports, Hunting, Law Enforcement_x000D_
_x000D_
Subsegments:_x000D_
1) By Revolvers: Double-Action Revolvers, Single-Action Revolvers, Compact Revolversp, Full-Size Revolvers, Concealed Carry Revolvers_x000D_
2) By Semi-Automatic Pistols: Full-Size Pistols, Compact Pistols, Subcompact Pistols, Polymer-Framed Pistols, Metal-Framed Pistols_x000D_
3) By Single-Shot Handguns: Break-Action Handguns, Bolt-Action Handguns, Target Or Competition Handguns_x000D_
4) By Other Types: Derringers, Machine Pistols, Pepperbox Handguns, Hybrid Or Convertible Handguns_x000D_
_x000D_
Tailor your insights and customize the full report here:_x000D_
https://www.thebusinessresearchcompany.com/customise?id=25341&type=smp_x000D_
_x000D_
Who Are the Global Leaders in the Handguns Market?_x000D_
Major Companies operating in the handguns market are Diamondback Firearms LLC, Smith And Wesson Brands Inc., Sig Sauer Inc., Fabrique Nationale d'Herstal, CZ-USA Inc., Heckler And Koch GmbH, GLOCK Ges.m.b.H., Colt s Manufacturing Company LLC, Fabbrica d'Armi Pietro Beretta S.p.A, Springfield Armory Inc., Kimber Manufacturing Inc., Israel Weapon Industries Ltd., Browning Arms Company, Walther Arms Inc., Kahr Arms Inc., Kalashnikov Group, Fratelli Tanfoglio S.N.C., Taurus Holdings Inc., Zastava Arms d.o.o, Canik Firearms Manufacturing Inc. _x000D_
_x000D_
Which are the Top Profitable Regional Markets for the Handguns Industry?_x000D_
North America was the largest region in the handguns market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the handguns market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
_x000D_
Purchase the full report today:_x000D_
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=25341_x000D_
_x000D_
"This Report Supports:_x000D_
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions._x000D_
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning._x000D_
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.