Global Small Arms Market, By End Use Sector (Defense, Civil and Commercial), Type (Pistol, Revolver, Rifle, Machine Gun, Shotgun), Calibre (5.56MM, 7.62MM, 9MM, 12.7mm, 14.5mm, Others), Technology (Guided, Unguided), Cutting Type (Smooth bore, Threaded/Rifled), Firing Systems (Gas-operated, Recoil-operated, Manual), Action (Semi-automatic, Automatic), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Small Arms market
The small arms market is expected to witness market growth at a rate of 2.30% in the forecast period of 2021 to 2028 and is estimated to reach 6,541.30 USD billion by 2028. Data Bridge Market Research report on small arms market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Small arms are weapons that are intended for individual use. It can launch a bullet or other projectiles by the action of an explosive. Different from the light weapons, all small arms along with its ammunition can be transported and operated by a single individual on foot. Furthermore, these weapons can also be procured by civilians for self-defence.
Major factors that are expected to boost the growth of the small arms market in the forecast period are the alteration in the warfare nature and increase in the drug trafficking around the world. Furthermore, the militarization of police forces and the geopolitical tensions, territorial conflicts, terrorism, and political unrest several developed and advancing countries, increase in the military expenses, enhanced arms transfer and modernization programs by military forces in chief countries are few of the factors that are propelling the growth of the small arms market.
On the other hand, the fluctuating of the economic, legal, and political guidelines that are impacting the obtaining of small arms are expected to further obstruct the growth of the small arms market in the timeline period. In addition, the augmented sale of small arms for self-defence applications in several countries during the COVID-19 pandemic outbreak, increase in the investments in the expansion of new and developed firearms and the lessening in the weight of small arms will further provide the growth opportunities for the small arms market in the coming years. However, the abundance of illegal small arms manufacturers and the international measures taken to curb the utilization of small arms might further challenge the growth of the small arms market in the near future.
This small arms market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the small arms market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Small Arms Market Scope and Market Size
The small arms market is segmented on the basis of end use sector, type, calibre, technology, cutting type, firing systems and action. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of end use sector, the small arms market is segmented into defense, civil and commercial.
- On the basis of type, the small arms market is segmented into pistol, revolver, rifle, machine gun, and shotgun.
- On the basis of calibre, the small arms market is segmented into 5.56mm, 7.62mm, 9mm, 12.7mm, 14.5mm, others.
- On the basis of technology, the small arms market is segmented into guided, unguided.
- On the basis of cutting type, the small arms market is segmented into smooth bore, threaded/rifled.
- On the basis of firing systems, the small arms market is segmented into gas-operated, recoil-operated, and manual.
- On the basis of action, the small arms market is segmented into semi-automatic, automatic.
Small Arms Market Country Level Analysis
The small arms market is analysed and market size, volume information is provided by country, end use sector, type, calibre, technology, cutting type, firing systems and action as referenced above.
The countries covered in the small arms market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the small arms market due to the global military expenses and technological developments. Furthermore, the occurrences of some major key players which will further boost the growth of the small arms market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the small arms market due to the rise in the economic growth and technological advancements in several countries. Moreover, the cross border-disputes, terrorist conflicts, and strategic interests is further anticipated to propel the growth of the small arms market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Small Arms Market Share Analysis
The small arms market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to small arms market.
The major players covered in the small arms market report are Colt’s Manufacturing Company, LLC, SIG SAUER, STEYR ARMS USA., Remington Outdoor Company., Smith & Wesson, Daniel Defense LLC, Sturm, Ruger & Co., Inc., IWI, Heckler & Koch Gmbh, GLOCK Ges.m.b.H., Kalashnikov Group, Ceská zbrojovka a.s., Accuracy International, American Outdoor Brands Inc., Fabbrica d'Armi Pietro Beretta S.p.A., FN HERSTAL, Lockheed Martin Corporation., Northrop Grumman, Thales Group, General Dynamics Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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