Small Arms Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Small Arms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global small arms market grew at a CAGR of around 5% during 2015-2020. 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. Looking forward, IMARC Group expects the global small arms market to exhibit moderate growth during the next five years.

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 for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, application, caliber, technology, cutting type and operation.

Breakup by Type:

Pistol
Revolver
Rifle
Machinegun
Others

Breakup by Application:

Military
Law Enforcement
Others

Breakup by Caliber:

5.56 mm
7.62 mm
9 mm
Others

Breakup by Technology:

Guided
Unguided

Breakup by Cutting Type:

Rifled
Smoothed Bore

Breakup by Operation:

Automatic
Semi-automatic
Manual

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

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.

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?