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Sniper Rifle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global sniper rifle market size reached US$ 2.63 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.66 Billion by 2027, exhibiting a growth rate (CAGR) of 5.50% during 2022-2027.

A sniper rifle is a portable, long-range, high precision shoulder ammunition equipped with night-vision and telescopic sight devices, which help in visual aiming by magnifying targets. It also comprises a lightweight bolt carrier, spiked feet, back view extended monopod, rear grip, detachable muzzle brake, adjustable scope rings, bipod, socket, and spiked feet as standard components. Unlike conventional guns or pistols, sniper rifles can possess bullets for a longer duration in barrels and shoot with much higher velocity and accuracy while absorbing the recoil produced through firing. Apart from this, it is stable, quick, flexible, and capable of destroying light armored vehicles and aircraft. Consequently, the sniper rifle is used to provide detailed surveillance from concealed positions and neutralize high-value targets to mitigate combat. Currently, it is mainly available in long-range precision and bolt-action rifle types with different ranges.

Sniper Rifle Market Trends:

The increasing terrorist attacks and geopolitical tensions across borders have prompted the military and defense sector to widely adopt advanced ammunitions, such as sniper rifles, over exiting obsolete warfare equipment to protect civilians, which is primarily driving the market growth. In line with this, the growing military expenditure, the escalating need to strengthen military bases, and various government initiatives toward modernizing armed forces are also supplementing the demand for sniper rifles in the market. This is further influenced by the fueling number of arms imports and export activities across the globe to maintain a sufficient amount of weapons and ammunition.  Additionally, the advent of technologically advanced sniper rifles with efficient bullet loading capacities, automatic steering facilities, and increased range and accuracy to demolish rival targets is contributing to the market growth. Apart from this, the extensive uptake of the sniper rifle in sports shooting and the ongoing procurement of the product in terms of engagement profile, topography on battlefields, and the number of sniper squadrons are positively augmenting the market growth. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sniper rifle market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, range and application.

Breakup by Type:

  • Bolt-Action
  • Semi-Automatic Action
     

Breakup by Range:

  • Up to 1,000 meters
  • Beyond 1,000 meters
     

Breakup by Application:

  • Civilian
  • Law Enforcement
  • Military
     

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 Accuracy International, B&T AG, FN Herstal, H&K AG (Compagnie De Developpement De L'Eau S.A.), Knights Armament Co, PGM Precision, PGW Defence Technology Inc., Savage Arms Inc., SNT Motiv Co. Ltd., Strategic Armory Corps and Zastava Arms USA.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Range, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Accuracy International, B&T AG, FN Herstal, H&K AG (Compagnie De Developpement De L'Eau S.A.), Knights Armament Co, PGM Precision, PGW Defence Technology Inc., Savage Arms Inc., SNT Motiv Co. Ltd., Strategic Armory Corps and Zastava Arms USA.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global sniper rifle market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global sniper rifle 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 range?
  • What is the breakup of the market based on the application?
  • 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 sniper rifle market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Sniper Rifle Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Bolt-Action
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Semi-Automatic Action
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Range
    7.1    Up to 1,000 meters
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Beyond 1,000 meters
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Civilian
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Law Enforcement
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Military
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Accuracy International
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    B&T AG
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    FN Herstal
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    H&K AG (Compagnie De Developpement De L'Eau S.A.)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    Knights Armament Co
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    PGM Precision
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    PGW Defence Technology Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Savage Arms Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    SNT Motiv Co. Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
        14.3.10    Strategic Armory Corps
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Zastava Arms USA
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Sniper Rifle Market: Major Drivers and Challenges
Figure 2: Global: Sniper Rifle Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Sniper Rifle Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Sniper Rifle Market: Breakup by Type (in %), 2021
Figure 5: Global: Sniper Rifle Market: Breakup by Range (in %), 2021
Figure 6: Global: Sniper Rifle Market: Breakup by Application (in %), 2021
Figure 7: Global: Sniper Rifle Market: Breakup by Region (in %), 2021
Figure 8: Global: Sniper Rifle (Bolt-Action) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Sniper Rifle (Bolt-Action) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Sniper Rifle (Semi-Automatic Action) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Sniper Rifle (Semi-Automatic Action) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Sniper Rifle (Up to 1,000 meters) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Sniper Rifle (Up to 1,000 meters) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Sniper Rifle (Beyond 1,000 meters) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Sniper Rifle (Beyond 1,000 meters) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Sniper Rifle (Civilian) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Sniper Rifle (Civilian) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Sniper Rifle (Law Enforcement) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Sniper Rifle (Law Enforcement) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Sniper Rifle (Military) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Sniper Rifle (Military) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: North America: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: North America: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: United States: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: United States: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Canada: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Canada: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Asia-Pacific: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Asia-Pacific: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: China: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: China: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Japan: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Japan: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: India: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: India: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: South Korea: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: South Korea: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Australia: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Australia: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Indonesia: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Indonesia: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Others: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Others: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Europe: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Europe: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Germany: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Germany: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: France: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: France: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United Kingdom: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United Kingdom: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Italy: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Italy: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Spain: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Spain: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Russia: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Russia: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Latin America: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Latin America: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Brazil: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Brazil: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Mexico: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Mexico: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Middle East and Africa: Sniper Rifle Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Middle East and Africa: Sniper Rifle Market: Breakup by Country (in %), 2021
Figure 70: Middle East and Africa: Sniper Rifle Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Global: Sniper Rifle Industry: SWOT Analysis
Figure 72: Global: Sniper Rifle Industry: Value Chain Analysis
Figure 73: Global: Sniper Rifle Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Sniper Rifle Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Sniper Rifle Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Sniper Rifle Market Forecast: Breakup by Range (in Million US$), 2022-2027
Table 4: Global: Sniper Rifle Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Sniper Rifle Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Sniper Rifle Market: Competitive Structure
Table 7: Global: Sniper Rifle Market: Key Players


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