Published: Sep-2022|  Format: PDF | MBI Research |  Number of pages: 138 | Code: MBI-3927936

Small Arms Market Size, Share, Growth & Demand Analysis Report By Type (Shotgun, Pistol, Revolver, Rifles, Others) By End-Use (Defense, Civil and Commercial) Forecast Report By 2022-2030

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Market Overview:

The Global Small Arms Market size was valued at USD 8.9 billion in 2021 and is projected to register a valuation of USD 12.88 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 4.8% over the forecast period 2022-2030.

Market Introduction:

Increasing terrorist activities and cross-border security threats and gun violence, as well as burglary and home vandalism, are some of the key factors driving the market.

Small arms are specialized weapons used by any person for self-defense as well as recreational purposes. In addition, military and law enforcement personnel also use small arms to perform their respective tasks. Small arms are, broadly, personal-service (i.e. carried and operated by individual infantry) kinetic projectile firearms. These include handguns (revolvers, pistols, and derringer and machine pistols), muskets/rifle-muskets, Shotgun, Rifle (Assault Rifle, Battle Rifle, Carbine, Designated Marksman Rifle, Short-Barrel Rifle, Sniper Rifle, etc.), Submachine Guns / Personal Defense Weapons, Squad Automatic Weapons and Light Machine Guns.

Small arms and light weapons were used in more than 60% of human rights violations. In most cases, by shots from the AK-47 assault rifle, whose inventor, Kalashnikov, goes by the name. Among the most affected countries are Africa and Central America. Especially with light weapons and pistols. Of the six major arms exporting countries: the United States of America, China, Germany, the United Kingdom, France, and Russia; which supplies nearly three-quarters of the armaments.

Covid-19 Impact Analysis:

The outbreak of COVID-19 and the subsequent extent of lockdown have impacted the small arms market across the globe. As the Covid-19 crisis continues, many global industrial manufacturing companies are facing challenging times including production shutdowns, transportation, supply chain disruptions, cost increases, and workforce disruptions, which negatively affect the small arms industry in terms of revenue.

The spread of the pandemic globally has negatively impacted the small arms market. The defense equipment industry consists of thousands of small and medium-sized companies that are financed by the government. The adverse economic conditions created by the pandemic forced many manufacturers to shift to continue essential operations, due to project delays and helping the government combat a unique set of challenges. The private and professional security industry was one of the industries most severely affected by the pandemic, and investment initially declined.

What are the Global Small Arms Market Drivers?

Demand for arms and ammunition in the countries under study is replacing their old ammunition with new stocks, which have a better shelf life and safer storage and handling than the same ammunition produced a decade ago. This is the major driving factor for the small arms market during the forecast period.

Additionally, the location of the arms and ammunition manufacturing industry in the Middle East and Southeast Asia has grown rapidly in recent years. Governments are imposing local production and reinvestment offsets as part of most medium- and long-term military acquisitions.

Who are the Major Players in Small Arms Market?

  • Accuracy International Ltd.
  • Arsenal 2000 JSCo.
  • Beretta Holding S.p.A.
  • Ceská zbrojovka a.s.
  • Colt's Manufacturing Company, LLC
  • Daniel Defense LLC
  • FN Herstal
  • Glock Ges.m.b.H.
  • Heckler & Koch GmbH
  • Israel Weapon Industries (IWI) Ltd.
  • Kalashnikov Group
  • SIG Sauer GmbH & Co. KG
  • Smith & Wesson Brands, Inc.
  • Steyr Arms GmbH
  • Sturm, Ruger & Company, Inc. 

Global Small Arms Market Segmentation:

The Global small arms market is segmented by type, by end-user, and region. By type Shotgun, Pistol, Revolver, Rifles Others. By end-use Defense, Civil and Commercial By region Latin America, North America, Europe, Asia-pacific, the Middle East and Africa.

By Type

On the basis of type, the rifles segment is projected to grow at a rapid CAGR for the forecast period.

  • Shotgun
  • Pistol
  • Revolver
  • Rifles
  • Others

By End-Use

On the basis of end-use, the defense segment is all set to grow rapidly during the forecast period.

  • Defense
  • Civil and Commercial

Regional Analysis by Market Business Insights:

The global small arms market is categorized into regions such as Latin America, North America, Europe, Asia-pacific, the Middle East, and Africa.

North America is expected to propel Market Growth.

In terms of revenue, North America holds the largest share in 2021. Due to the increasing defense spending in the region, as well as an increase in incidents of gun violence, which are prompting law enforcement as well as civilian sectors to purchase small arms for counter-terrorism as well as self-defense applications, subsequently.

Report Coverage:

Market Segmentation:

By Type

  • Shotgun
  • Pistol
  • Revolver
  • Rifles
  • Others

By End-users

  • Defense
  • Civil and Commercial

By Region

North America

  • The US
  • Canada
  • Mexico

Europe

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa



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