Global Small Arms Market
Market Size in USD Billion
CAGR :
% 
USD
6.09 Billion
USD
7.30 Billion
2024
2032
 Forecast Period |
2025 –2032 |
 Market Size (Base Year) |
USD 6.09 Billion |
 Market Size (Forecast Year) |
USD 7.30 Billion |
 CAGR |
% |
| Major Markets Players |
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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) - Industry Trends and Forecast to 2032
Small Arms Market Size
- The global Small Arms market was valued at USD 6.09 billion in 2024 and is expected to reach USD 7.30 billion by 2032
- During the forecast period of 2025 to 2032 the market is likely to grow at a CAGR of 2.30%, primarily driven by the rising demand for personal defense weapons
- This growth is driven by factors such as increasing geopolitical tensions, modernization of armed forces, rising civilian interest in shooting sports, and supportive government policies for domestic arms manufacturing
Small Arms Market Analysis
- Small Arms are essential for ensuring the security and safety of maritime vessels, playing a critical role in protecting ships and their crews from piracy, theft, and other threats in high-risk maritime environments
- The market’s growth is significantly driven by factors such as increasing piracy incidents, the need for enhanced vessel security, and the adoption of advanced technologies like surveillance systems, AI, and automated defense systems
- The North America region stands out as the dominant market with the market share 31.57%, for Small Arms in the maritime industry. This is primarily due to the region’s high maritime traffic, strategic location along global shipping routes, and rising piracy threats, which necessitate advanced security solutions on vessels
- For instance, On November 4, 2024, India announced plans to revolutionize its small arms and ammunition manufacturing sector to bolster defense self-reliance amidst rising geopolitical tensions. With conflicts in Gaza and Ukraine boosting global arms industry profits, India aims to reduce import dependency by modernizing its domestic production capabilities through the ‘Make in India’ campaign, enhancing national security.
- Globally, small arms are recognized as critical components in the maritime industry, playing a pivotal role in maintaining the safety, security, and operational efficiency of vessels and their crews
Report Scope and Small Arms Market Segmentation
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Attributes |
Small Arms Key Market Insights |
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Segments Covered |
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Countries Covered |
North America
Europe
Asia-Pacific
Middle East and Africa
South America
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Key Market Players |
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Market Opportunities |
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Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework. |
Small Arms Market Trends
“Increased Adoption of Smart Technology and Digital Integration in Firearms”
- One prominent trend in the global Small Arms market is the growing adoption of smart technology and digital integration
- These advancements enhance precision, safety, and efficiency by enabling real-time diagnostics and integration with digital systems for improved maintenance and usage tracking
- For instance, On January 7, 2022, LodeStar Works unveiled its LS9, a 9mm smart handgun, to shareholders and investors in Idaho. The firearm features advanced personalization, ensuring it can only be fired by verified users. It includes a fingerprint reader, a PIN pad, and a mobile app connection for enhanced security and user authentication .
- Digital integration enables seamless connectivity between firearms and mobile devices, ensuring data collection and analysis for optimizing shooting accuracy and operational readiness
- This trend is transforming the small arms market by improving diagnostics, reducing errors, and increasing the demand for digital solutions in military, law enforcement, and civilian sectors
Small Arms Market Dynamics
Driver
“Technological Advancements in Firearms and Ammunition”
- The small arms market is experiencing a significant technological shift, driven by innovations in materials, design, and manufacturing processes that allow for improved weapon performance, durability, and safety
- Advanced technologies like computer-aided design (CAD), additive manufacturing, and precision machining are enabling manufacturers to create highly efficient and reliable firearms, which are critical in both military and civilian markets
- As new technologies continue to emerge, they offer manufacturers the opportunity to streamline production, reduce costs, and provide custom solutions, thereby increasing the overall appeal and competitiveness of small arms in the global market
For instance,
- On August 6, 2024, Colorado-based startup Biofire shipped its first Smart Guns—biometric-enabled 9mm pistols featuring fingerprint and facial recognition. Designed to prevent unauthorized use and unintentional shootings, the gun locks when released and unlocks for registered users. With a rechargeable battery, built-in laser, and offline data storage, Biofire's innovation marks a milestone in smart firearm technology.
- The ongoing technological advancements are transforming the small arms market by not only enhancing product quality but also enabling manufacturers to meet evolving consumer demands for higher performance, customization, and cost-efficiency
Opportunity
“Growth in Emerging Markets”
- The small arms market has significant growth potential in emerging markets, especially in countries with rising security needs, expanding defense budgets, and increasing law enforcement investments
- As geopolitical tensions continue and military modernization efforts intensify, countries in Asia, Africa, and Latin America are expected to increase procurement of small arms for both defense and law enforcement purposes
- The demand for advanced firearms and ammunition in these regions is creating new business opportunities for manufacturers, particularly as these markets seek to strengthen security capabilities and address internal and external threats
For instance,
- On January 22, 2024, Kathmandu prepared to host a key Asia-Pacific regional meeting from January 23–25 to address illicit small arms trade. Organized by the UN and Nepal, this event supports the UN Programme of Action and International Tracing Instrument, aiming to strengthen regional cooperation, enhance tracing, and combat illegal arms flow ahead of the Fourth Review Conference in June.
- The growth of the small arms market in emerging economies is further supported by the increasing demand for advanced, reliable firearms for personal protection, hunting, and sporting activities. As these regions develop economically and socially, there will be greater opportunities for manufacturers to cater to diverse consumer needs, thereby fueling long-term market expansion
Restraint/Challenge
“Regulatory Compliance and High Production Costs”
- The small arms market faces substantial regulatory challenges due to strict international arms trade agreements, export controls, and compliance with national laws governing firearms manufacturing, distribution, and sales
- Compliance with regulations like the U.S. ITAR (International Traffic in Arms Regulations) and the EU’s arms trade controls can limit market access, create delays, and increase operational costs for manufacturers looking to expand globally
- In addition, evolving arms policies and trade restrictions in politically unstable regions complicate market dynamics, reducing manufacturers' flexibility and slowing growth prospects in certain areas. These regulatory barriers increase the complexity and cost of business operations
For instance,
- On September 4, 2024, the Delhi High Court criticized the Indian government's arms industry regulations, citing "confusion and lack of clarity." It dismissed the Ministry of Home Affairs' appeal against Syndicate Innovations, stating the regulatory framework is arbitrary and inconsistent. The court emphasized the need for clear rules, especially under the 'Make in India' initiative.
- The ongoing regulatory hurdles in the small arms market underscore the need for manufacturers to adopt comprehensive compliance strategies. These strategies will be crucial in navigating the complex legal landscape and mitigating the risks of operational disruptions, thereby ensuring long-term sustainability and market competitiveness.
Small Arms Market Scope
The market is segmented on the basis end use sector, type, calibre, technology, cutting type, firing systems and action.
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Segmentation |
Sub-Segmentation |
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By End Use Sector |
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By Type |
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By Calibre |
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By Technology |
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By Cutting Type |
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By Firing Systems |
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By Action |
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Small Arms Market Regional Analysis
“North America is the Dominant Region in the Small Arms Market”
- North America dominates the Small Arms market with market share 31.57%, because of the presence of major manufacturers, high military expenditure, robust defense modernization programs, and strong demand from civilian and law enforcement sectors
- Favorable firearm legislation in several U.S. states supports sustained civilian sales, especially for self-defense and sporting purposes
- Continuous innovation and domestic production capabilities ensure a steady supply chain and technological advancement
- In addition, government support and increasing private investments further solidify the region's dominance, driving innovation and enabling manufacturers to maintain global competitiveness in the production and distribution of small arms
“Asia-Pacific is Projected to Register the Highest Growth Rate”
- The Asia-Pacific region is projected to register the highest growth rate in the small arms market with market share 27.98%, driven by escalating geopolitical tensions, rising defense budgets, and increasing demand for modernized infantry weapons. Countries like China, India, and South Korea are accelerating procurement to bolster military and law enforcement capabilities
- Countries such as like China, South Korea, and India have significantly invested in domestic small arms manufacturing, establishing state-of-the-art production facilities equipped with advanced automation and precision engineering technologies
- Japan plays a pivotal role in the global small arms market, supported by its expertise in high-precision firearms, robust R&D in lightweight materials, and stringent quality standards favored by defense forces worldwide
- China dominates the market share due to its massive production scale, cost-competitive exports, and strong government backing for defense exports. Meanwhile, South Korea specializes in high-performance small arms, focusing on modular designs and cutting-edge optics for military and special forces
Small Arms Market Share
The 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, global presence, production sites and facilities, production capacities, 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 market.
The Major Market Leaders Operating in the Market Are:
- Colt’s Manufacturing Company, LLC (U.S.)
- SIG SAUER (U.S./Germany)
- STEYR ARMS USA (U.S./Austria)
- Remington Outdoor Company (U.S.)
- Smith & Wesson (U.S.)
- Daniel Defense LLC (U.S.)
- Sturm, Ruger & Co., Inc. (U.S.)
- IWI (Israel Weapon Industries) (Israel)
- Heckler & Koch GmbH (Germany)
- GLOCK Ges.m.b.H. (Austria)
- Kalashnikov Group (Russia)
- Česká zbrojovka a.s. (CZ Group) (Czech Republic)
- Accuracy International (U.K.)
- American Outdoor Brands Inc. (U.S.)
- Fabbrica d'Armi Pietro Beretta S.p.A. (Italy)
- FN HERSTAL (Belgium)
- Lockheed Martin Corporation (U.S.)
- Northrop Grumman (U.S.)
- Thales Group (France)
- General Dynamics Corporation (U.S.)
Latest Developments in Global Small Arms Market
- In June 2024, Daniel Defense unveiled its purpose-built PCC SBR, redefining the pistol caliber carbine category. Featuring an 8.3-inch cold hammer forged barrel, 1:10 twist, and hydraulic buffer, it weighs just 6.1 pounds. Despite AR-style aesthetics, it’s a unique, recoil-operated system with no gas or piston. Designed for duty use, the SBR version offers compact performance with top-tier build quality and compatibility with standard 9mm muzzle devices.
- 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 semi-automatic rifle, which is described as an Intermediate Sniper Weapon with an 18-inch barrel.
- In June 2024, True Velocity and FN America announced a global manufacturing partnership for the .338 Norma Lightweight Medium Machine Gun. FN America will serve as the primary producer of the recoil-mitigated weapon, which offers .50-caliber performance in a lighter, M240-like profile. This strategic alliance aims to equip U.S. and Allied forces with advanced firepower, marking a major step forward in battlefield capability and military small arms innovation.
- The third-generation CZ BREN 3, a modular, multi-caliber rifle, has been launched, boasting precision, durability, and reliability. Used by Czech, French (GIGN), Mexican, Portuguese, and Hungarian forces, it passes rigorous NATO AC/225 D/14 tests. Designed for extreme conditions—heat, cold, sand, mud—it ensures optimal performance. The upgrade reinforces CZ’s reputation for combat-ready firearms trusted by global militaries.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Frequently Asked Questions
What is the current market size of the global Small Arms market?
The global Small Arms market size was valued at USD 6.09 billion in 2024.
What is the expected growth rate of global Small Arms market?
The global Small Arms market is to grow at a CAGR of 2.30% during the forecast period of 2025 to 2032.
What are the primary segments covered in the global Small Arms market report?
The small arms market is segmented into seven notable segments based on end use sector, type, calibre, technology, cutting type, firing systems and action. 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.
Who are major players in Small Arms market?
Companies such as Colt’s Manufacturing (U.S.), SIG SAUER (Germany), Smith & Wesson (U.S.), Glock (Austria), Heckler & Koch (Germany) are the major companies in the market.
What are the recent product launches by major companies in the Small Arms market?
In January 2024, Kathmandu prepared to host a key Asia-Pacific regional meeting from January 23–25 to address illicit small arms trade. Organized by the UN and Nepal, this event supports the UN Programme of Action and International Tracing Instrument, aiming to strengthen regional cooperation, enhance tracing, and combat illegal arms flow ahead of the Fourth Review Conference in June.
Which countries data is covered in the Small Arms market?
The countries covered in the Small Arms market are 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.
What are the key trends in the Small Arms Market?
The increased adoption of smart technology and digital integration in firearms, is emerging as a pivotal trend driving the global small arms market.
What are the factors driving the Small Arms market growth?
The major factors driving the growth of the small arms market are technological advancements in firearms and ammunition.
What are the major challenges in the Small Arms market?
The primary challenges in the small arms market's growth within emerging economies include strict import regulations, local production mandates.
Which is the dominating segment in the Small Arms market?
The military & defense segment will dominate the 2025 small arms market, fueled by global defense spending hikes and major modernization programs such as the U.S. NGSW and India's AK-203 production.
Which country is expected to dominate in the Small Arms market?
The U.S. is expected to dominate the global small arms market with the market share 38.93% , particularly in North America, due to its massive defense spending (leading military small arms procurement like the SIG Sauer NGSW program), the world's largest civilian firearms market (400+ million guns in private ownership), and powerhouse manufacturers (SIG Sauer, Colt, Smith & Wesson).
Which region has the largest share in the global Small Arms market?
The North American region, particularly the United States, dominates the global small arms market with the largest share of 31.57%, both in terms of production and consumption.
Which country is expected to witness the highest CAGR in the Small Arms market?
India is expected to witness the highest CAGR 3.21% w in the global small arms market, fueled by its military modernization programs (like AK-203 joint production and SIG Sauer rifle imports), the "Make in India" initiative boosting domestic manufacturing, rising defense budgets, and persistent geopolitical tensions with neighboring countries.
