The global small arms market size reached US$ 9.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.6 Billion by 2027, exhibiting a growth rate (CAGR) of 5.88% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Small arms are portable, lethal weapons that can expel or launch a shot, bullet or projectile by explosive action. These arms include revolvers, self-loading pistols, carbines, assault rifles, and light and sub-machine guns that are intended for individual use. They are generally provided with ancillaries and accessories, such as slings, cleaning kits, oil bottles, under-barrel grenade launchers, sound suppressors, optical sights, fore-grips and flashlights, to increase the overall effectiveness and usefulness of weapons. Small arms comprise stock, barrel, action and other operating components that are manufactured according to military and law enforcement specifications.
The rising terrorist threats, increasing cross-border security issues and the growing investments in the military and defense sector are escalating the demand for small arms to strengthen security at international borders, military bases and other sensitive sites. Additionally, governing agencies of several countries are acquiring advanced weapon systems to modernize police forces and prevent human rights violations. Apart from this, increasing domestic crime rates, along with the imposition of several laws enabling possession of weapons for self-defense purposes, are encouraging the adoption of small arms among civilians. Furthermore, the growing incidents of theft and burglaries are promoting the utilization of small arms in private companies. Besides this, the emerging participation of individuals in shooting sports is also positively influencing the growth of the market. Moreover, the escalating demand for lightweight, high precision and compact weapons is anticipated to provide lucrative opportunities for manufacturers in the future.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global small arms market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application, caliber, technology, cutting type and operation.
Breakup by Type:
Breakup by Application:
Breakup by Caliber:
Breakup by Technology:
Breakup by Cutting Type:
Breakup by Operation:
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Beretta Holding S.P.A, Colt’s Manufacturing Company LLC, Glock Ges M.B.H, Fabbrica dArmi Pietro Beretta S.p.A., Heckler & Koch GmbH, Herstal SA, Israeli Weapon Industries, Remington Arms Company LLC, Smith & Wesson Holding Corporation and Sturm, Ruger & Company Inc.
Base Year of the Analysis
Type, Application, Caliber, Technology, Cutting Type, Operation, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Beretta Holding S.P.A, Colt’s Manufacturing Company LLC, Glock Ges M.B.H, Fabbrica dArmi Pietro Beretta S.p.A., Heckler & Koch GmbH, Herstal SA, Israeli Weapon Industries, Remington Arms Company LLC, Smith & Wesson Holding Corporation and Sturm, Ruger & Company Inc.
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Key Questions Answered in This Report:
How has the global small arms market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global small arms market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the caliber?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the cutting type?
What is the breakup of the market based on the operation?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global small arms market and who are the key players?
What is the degree of competition in the industry?
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