Small Arms Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Pistol, Shotgun, Revolver, Others), By Action (Automatic, Semi Automatic), By End Use Sector (Civil and Commercial, Defense), By Region, Competition, 2019-2029F

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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 10.05 Billion

CAGR (2024-2029)

3.79%

Fastest Growing Segment

Pistol

Largest Market

North America

Market Size (2029)

USD 12.54 Billion





Market Overview

Global Small Arms Market was valued at USD 10.05 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 3.79% through 2029. The Global Small Arms Market is an exceptionally dynamic and rapidly growing sector, driven by the escalating concerns over personal safety and national security worldwide. With an extensive array of offerings, ranging from compact pistols to high-powered rifles and versatile shotguns, this market effectively caters to the diverse needs of both civilian and military sectors, ensuring optimal firearm solutions for various applications. Moreover, the industry has been significantly transformed by remarkable technological advancements, such as smart gun technology, which has revolutionized the market by introducing cutting-edge safety features and unparalleled accuracy, ultimately enhancing the overall user experience and instilling greater confidence among firearm enthusiasts and professionals alike. However, the small arms industry faces its fair share of challenges, particularly in regions with stringent firearm regulations. These regulations, aimed at ensuring responsible use and curbing illegal firearms distribution, can sometimes impede market expansion and hinder certain technological advancements, such as the development of smart guns or personalized firearms. Despite these challenges, the industry remains resilient and anticipates robust growth in the coming years.

This growth is driven by escalating geopolitical tensions, which often lead to increased demand for small arms, as well as the growing popularity of shooting sports and recreational activities. As more individuals engage in these activities, there is a corresponding rise in the demand for firearms and related accessories, creating new opportunities for manufacturers and suppliers in the industry. Additionally, advancements in technology, such as improved materials and manufacturing processes, enable the production of more reliable and accurate firearms, further fueling market growth.

The small arms industry plays a vital role in supporting military and law enforcement agencies worldwide. The development of innovative firearms and related technologies enhances the capabilities of these organizations, enabling them to meet evolving security challenges effectively. This aspect of the industry, along with the increasing focus on national defense and public safety, contributes to the positive outlook for the small arms sector.

Despite the ongoing regulatory challenges and increased scrutiny, the small arms industry continues to prove its indispensability and resilience. This dynamic sector is not only poised for growth and innovation, but it also plays a crucial role in ensuring the safety and security of nations. With a relentless drive for responsible use, coupled with continuous technological advancements, the industry is constantly adapting and overcoming obstacles, thus reaffirming its significance in an ever-changing world. The small arms industry stands as a testament to human ingenuity, highlighting our ability to address evolving security needs while upholding ethical standards and promoting global peace.

As countries prioritize national defense and safety measures, the demand for small arms is expected to witness a significant boost. Additionally, the continuous surge in sport shooting activities and recreational pursuits contributes to the expanding market. Research and development efforts are ongoing, aimed at creating more efficient and reliable firearms that meet regulatory requirements.

The Global Small Arms Market is a multifaceted industry that addresses the critical needs of personal safety and national security. The combination of continuous technological advancements and the rising demand for small arms presents a promising landscape for growth and innovation. However, navigating through varying firearm regulations remains a challenge, necessitating industry players to adapt and comply with regional guidelines while ensuring the highest standards of safety and security.

Key Market Drivers

Geopolitical Tensions and Conflicts

Geopolitical tensions and conflicts play a pivotal role in driving the Global Small Arms Market. During periods of increased international or regional hostilities, the demand for small arms, including handguns, rifles, and submachine guns, surges significantly. Governments, armed forces, and security agencies in conflict-prone regions seek to bolster their military capabilities and arm their personnel with modern, effective small arms to confront potential threats. These arms may be procured for regular armed forces, paramilitary units, or even distributed to civilian defense groups. The conflicts in regions such as Syria, Ukraine, and parts of Africa have highlighted the substantial demand for small arms to equip both regular and irregular forces. Manufacturers in this industry often witness a spike in orders and adapt their products to meet specific operational requirements in high-threat environments.

Global Defense Spending

Global defense spending is a major driving force behind the Global Small Arms Market. Countries around the world allocate significant budgets to bolster their national defense capabilities, and this has a direct correlation with the procurement of small arms. Growing defense budgets lead to several key trends within the market. Firstly, nations with aging small arms inventories seek to modernize their arsenals by acquiring state-of-the-art firearms, accessories, and ammunition. This often involves the replacement of older weapons with more advanced models, such as the adoption of new assault rifles or sidearms. Additionally, as defense budgets expand, many countries embark on military expansion efforts, which involve the recruitment and training of additional personnel. This expansion drives the demand for new small arms to equip the larger force. Special forces units, which often receive substantial funding, also contribute to the demand for specialized small arms and equipment, as they play a critical role in various aspects of national defense.

Civil Unrest and Internal Security Concerns

Civil unrest and internal security concerns within countries serve as prominent drivers of the Global Small Arms Market. In times of domestic instability, governments and law enforcement agencies seek to maintain law and order, often necessitating the acquisition of small arms and related equipment. Protests, demonstrations, and other forms of civil unrest can escalate, prompting security forces to respond with a range of small arms to disperse crowds or maintain control. These concerns extend beyond public gatherings to include countering criminal organizations, which may possess a variety of firearms. Additionally, in regions facing insurgency, counterterrorism, or organized crime, the demand for small arms remains high, as these weapons are essential for the safety of law enforcement personnel and the protection of civilians. The procurement of small arms in response to internal security concerns is a complex issue that involves not only acquiring new firearms but also addressing concerns related to accountability and the responsible use of force. For instance, in October 2023, NATO Allies and partners focused on Small Arms and Light Weapons control in Jordan. NATO and Jordan hosted a conference on Small Arms and Light Weapons SALW in Amman. This event marked the first time NATO organized a SALW conference with partner nations, as part of its defense and security capacity building initiative for Jordan.

Terrorism and Asymmetric Warfare

Terrorism and asymmetric warfare represent another critical driver of the Global Small Arms Market. Small arms are the primary weapons of choice for many terrorist organizations and insurgent groups. The ability to acquire and employ small arms effectively allows these groups to engage in asymmetric warfare against conventional military forces. As a result, governments and security forces often engage in efforts to counter terrorism and insurgency, which may include acquiring advanced small arms, improving intelligence capabilities, and developing counter-terrorism strategies. In response to these challenges, the demand for specialized small arms, including compact and concealable weapons suitable for counterterrorism operations, has grown significantly. Manufacturers in this sector play a pivotal role in supplying security forces with the necessary small arms and equipment to combat the evolving tactics of terrorist organizations and insurgent groups.

Civilian Firearm Ownership and Self-Defense

Civilian firearm ownership and self-defense concerns are significant drivers of the Global Small Arms Market, particularly in regions with high rates of civilian firearm ownership. The motivations behind civilian firearm ownership are diverse and may include self-defense, recreational shooting, hunting, and sport shooting. Civilian self-defense, in particular, drives the demand for small arms, including handguns and shotguns. Concerns about personal safety, home defense, and the protection of one's family prompt many individuals to acquire small arms. This trend is more pronounced in countries with a tradition of civilian firearm ownership and a culture of self-reliance. Additionally, laws and regulations governing civilian firearm ownership play a crucial role in shaping this market. In regions where regulations are permissive, the civilian market for small arms tends to be more extensive, while stringent regulations may limit civilian access to certain types of firearms. Manufacturers in this sector produce a wide range of small arms tailored to the civilian market, with an emphasis on safety, reliability, and ease of use for self-defense purposes.                                                                                                                  

                                                                                                                                     



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Key Market Challenges

Arms Proliferation and Illicit Trade

One of the most significant challenges in the Global Small Arms Market is arms proliferation and illicit trade. The global circulation of small arms, including handguns, rifles, and submachine guns, has led to concerns regarding their diversion into illegal markets and the hands of non-state actors, criminals, and terrorists. Small arms are often smuggled across borders, compounding security challenges and undermining efforts to maintain law and order. Illicit trade in small arms poses significant risks to global security and stability, as it fuels violence, conflicts, and criminal activities. The porous nature of borders, corruption, and the complexity of tracking small arms transfers make it difficult to curtail this challenge effectively. Efforts to combat illicit small arms trade include international agreements, export controls, and stricter border security measures.

Regulatory Challenges and Discrepancies

The Global Small Arms Market faces regulatory challenges and discrepancies at both national and international levels. The proliferation of small arms has led to varying levels of regulation across countries, contributing to disparities in licensing, manufacturing, trade, and civilian ownership. Inconsistencies in regulations can lead to loopholes, making it easier for small arms to be diverted into illicit markets. Furthermore, the regulatory environment surrounding civilian firearm ownership varies widely from one region to another, posing challenges for manufacturers that must navigate a complex landscape of legal requirements and restrictions. The convergence of international arms control treaties and national regulations is essential to address these challenges effectively. Efforts to harmonize and strengthen regulations can contribute to reducing the risks associated with small arms proliferation and misuse.

Conflict and Post-Conflict Zones

The presence and misuse of small arms in conflict and post-conflict zones pose significant challenges to global security and the stability of affected regions. In areas grappling with ongoing or recent conflicts, small arms often remain readily available, contributing to violence, instability, and insecurity. The easy accessibility of firearms hampers peacebuilding efforts and disrupts efforts to rebuild societies affected by conflict. Moreover, the abundance of small arms in post-conflict environments can fuel organized crime, terrorism, and armed groups. The challenge lies in disarming and demobilizing former combatants, collecting and destroying surplus small arms, and preventing their re-emergence in conflict-prone regions. International organizations and peacekeeping missions play a crucial role in addressing this challenge by assisting in disarmament, demobilization, and reintegration efforts.

Lack of Accountability and Traceability

The lack of accountability and traceability in the Global Small Arms Market is a formidable challenge. Many small arms are manufactured and transferred with insufficient record-keeping and accountability mechanisms, making it difficult to trace their origins and paths. This lack of traceability hampers efforts to identify the sources of illicit arms in conflict zones and contributes to the overall challenge of controlling arms proliferation. Manufacturers, exporters, and governments often lack effective systems for tracking small arms through their lifecycle, from production to transfer and eventual disposal. Establishing better accountability and traceability mechanisms is crucial to addressing this challenge. Implementing serialization, marking, and record-keeping systems can help ensure that small arms are more easily traceable and that those responsible for illicit trade can be identified and held accountable.

Civilian Firearm Ownership and Misuse

Civilian firearm ownership and misuse of small arms pose unique challenges to the Global Small Arms Market, particularly in regions with high rates of civilian firearm ownership. Concerns arise when legally acquired firearms are misused or diverted into illicit markets. This misuse can result in accidents, domestic violence, and even mass shootings. Addressing the challenge of civilian firearm ownership and misuse requires effective firearm regulations and licensing procedures, including background checks, waiting periods, and safe storage requirements. Ensuring that firearms do not end up in the wrong hands is essential, and governments must balance the rights of responsible gun owners with the need to prevent misuse and violence. Public awareness and education campaigns about responsible firearm ownership play a critical role in mitigating this challenge. Furthermore, addressing mental health issues and implementing effective law enforcement efforts are necessary to prevent the misuse of firearms.

Key Market Trends

Technological Advancements

Technological advancements are a significant driving force in the Global Small Arms Market. Manufacturers are consistently integrating cutting-edge technology into the design and production of small arms, resulting in more advanced and capable firearms. One prominent trend in this regard is the development of smart firearms that incorporate electronic components for improved accuracy and safety. These smart firearms can feature electronic sights, integrated sensors, and connectivity to other devices, enhancing the user's shooting experience. Furthermore, the use of advanced materials like polymer frames and carbon fiber components contributes to the development of lightweight yet robust small arms. Modular designs have become increasingly popular, allowing users to customize and adapt their firearms for various purposes, from hunting and sport shooting to tactical applications. These technological trends underscore the continuous innovation within the small arms industry, aiming to provide users with more effective, user-friendly, and versatile firearms. For instance, in December 2023, Guardiaris introduced the latest version of its Small Arms Mobile Trainer (SAMT). This new generation of SAMT, a versatile, laserless, plug-and-play mobile system, supports training with small arms, anti-tank weapons, military vehicles, and remote weapon stations. Designed by the Slovenia-based manufacturer Guardiaris, SAMT features a customizable LED wall made of stackable screens and is intended for realistic training at both individual and squad levels.

Rise of Compact and Concealed Carry Firearms

The market has witnessed a growing trend towards compact and concealed carry firearms. In response to increasing concerns about personal safety and self-defense, many individuals are seeking smaller, more discreet firearms that are easily carried on their person. This trend is evident in the development of subcompact handguns, micro-sized pistols, and other concealed carry options. These firearms are designed to be lightweight, easy to conceal, and quick to draw in emergency situations. Advancements in ammunition technology have allowed manufacturers to create compact firearms with improved firepower, making them suitable for both civilian concealed carry and law enforcement backup roles. The rise of compact and concealed carry firearms is indicative of a broader cultural shift toward personal security and self-defense, and it has driven manufacturers to innovate in terms of design, materials, and ergonomics to meet the demands of this market segment.

Increased Emphasis on Firearm Safety and Training

The small arms industry is witnessing a growing emphasis on firearm safety and training, driven by both government initiatives and public awareness campaigns. With concerns about accidental discharges, negligent handling, and unauthorized access to firearms, manufacturers are incorporating enhanced safety features into their products. This includes trigger safeties, internal locking mechanisms, and integrated safety mechanisms. Additionally, manufacturers are producing firearms that are designed to be easily disassembled and cleaned, reducing the risk of malfunctions due to neglect or inadequate maintenance. The industry is also actively promoting responsible firearm ownership and usage through educational programs and training courses. Firearm safety and training initiatives aim to ensure that users are well-informed and properly trained in the safe handling and storage of firearms. Furthermore, technology plays a role in enhancing firearm safety, as smart guns with biometric or electronic lock systems are being developed to prevent unauthorized use. This trend towards enhanced safety and training is aligned with the broader goal of minimizing accidents and promoting responsible firearm ownership.

Market Growth in Civilian and Sporting Firearms

A noteworthy trend in the Global Small Arms Market is the increasing market growth in civilian and sporting firearms. This is particularly evident in regions where firearm ownership is legal and regulated. Civilian firearm enthusiasts, including sports shooters and hunters, are driving demand for a wide variety of firearms tailored to their specific interests. The trend includes a surge in the production and sales of sporting rifles, shotguns, and handguns designed for competitive shooting, hunting, and recreational shooting activities. The popularity of shooting sports, such as IPSC (International Practical Shooting Confederation) competitions and 3-gun matches, has contributed to the demand for specialized firearms and accessories. Manufacturers are responding to this trend by developing firearms with features optimized for target accuracy, ergonomics, and overall performance. Additionally, the availability of surplus military firearms on the civilian market and the growing interest in historical and collectible firearms are contributing to the growth of this segment of the small arms market.

Focus on Sustainable Materials and Manufacturing

An emerging trend in the Global Small Arms Market is a growing focus on sustainable materials and manufacturing processes. With increasing environmental concerns, manufacturers are seeking more sustainable solutions in the production of small arms. This includes using eco-friendly materials, such as biodegradable plastics, and adopting cleaner and more energy-efficient manufacturing processes. Sustainability initiatives are not limited to the materials themselves but extend to the supply chain and disposal of firearms. Manufacturers are exploring ways to reduce waste, recycle materials, and implement environmentally responsible practices throughout the product lifecycle. As sustainability becomes a higher priority for consumers, governments, and the industry itself, manufacturers are expected to increasingly integrate these principles into their operations, from sourcing materials to final product disposal. This trend aligns with broader global efforts to reduce the environmental impact of various industries and reflects a growing awareness of sustainability in the small arms market.

Segmental Insights

Type Analysis

The pistol segment is rapidly emerging as the fastest-growing market within the Small Arms sector, driven by several key factors. 

The increase in civilian ownership is a significant contributor. As more individuals seek to exercise their right to self-defense, there has been a notable rise in the number of concealed carry permits and personal protection firearms. This shift is particularly prominent in regions with evolving laws and growing public awareness about personal safety.

Heightened personal security concerns, spurred by rising crime rates and societal instability, have further fueled demand for pistols. Consumers are increasingly investing in firearms to protect themselves and their families, which has led to a surge in market growth.

Advancements in firearm technology have played a crucial role in the expansion of the pistol market. Modern pistols are equipped with cutting-edge features such as enhanced ergonomics, modular systems, and advanced safety mechanisms. These innovations not only improve user experience but also attract both novice and experienced shooters.

Law enforcement agencies are consistently updating their arsenals to include more advanced pistols. This trend is driven by the need for reliable, high-performance weapons that offer precision and effectiveness in various operational scenarios. The adoption of state-of-the-art pistols by law enforcement professionals further stimulates market growth.

The convergence of increased civilian ownership, heightened security concerns, and technological advancements has led to the rapid expansion of the pistol market, making it a dynamic and influential segment within the Small Arms industry.


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Regional Insights

North America stands as the dominant market in the Small Arms sector due to a confluence of historical, economic, and socio-political factors. The primary driver of North America's market leadership is the United States, which has the largest civilian firearm ownership in the world. The deeply ingrained gun culture, supported by the Second Amendment, creates a robust domestic market for small arms, including handguns, rifles, and shotguns. This cultural acceptance is bolstered by a strong tradition of hunting, sport shooting, and self-defense.

Economically, North America benefits from a well-established and mature firearms industry with leading manufacturers and innovative technological advancements. Major U.S. firearms companies, such as Smith & Wesson, Glock, and Ruger, contribute significantly to the market by continuously developing new products that cater to evolving consumer preferences and regulatory standards. The presence of advanced manufacturing capabilities, extensive distribution networks, and substantial R&D investments further strengthens the region's dominance.

From a security perspective, the demand for small arms in North America is also driven by heightened concerns over personal safety and law enforcement needs. The prevalence of crime and the increasing focus on personal defense lead to higher firearm ownership and usage. Additionally, law enforcement agencies across North America frequently update their equipment, including small arms, to enhance their operational effectiveness, further propelling market growth.

The regulatory environment in North America, while complex, generally supports firearm ownership and usage. Various states and provinces have regulations that facilitate civilian access to firearms while balancing safety concerns. This regulatory framework contributes to a stable market environment, allowing for continued growth and innovation.

North America's dominance in the Small Arms market is attributed to its cultural acceptance, strong economic infrastructure, high demand for personal and law enforcement firearms, and a supportive regulatory environment.

Recent Developments

  • In January 2023, a joint venture between India and Russia started producing AK-203 assault rifles in Uttar Pradesh. The partnership aimed to achieve complete localization of AK-203 rifle production in India. Looking ahead, the venture may boost production and enhance its facilities to include the manufacturing of more advanced rifles.
  • In September 2023, Thales Australia inaugurated its new advanced manufacturing center in Lithgow. This facility marked a significant step in the company's plan to revitalize the historic Lithgow small arms works. The new center is a key milestone in the initial phase of transforming the Lithgow Arms site into a hub for advanced manufacturing and integration, focusing on the precision production of Australian-designed weapon systems.
  • In September 2023, NATO launched a plan to enhance arms production. The alliance’s member nations endorsed a new strategy aimed at strengthening their industrial capabilities. This move came as governments worked to replenish their weapon stockpiles while continuing to provide military support to Ukraine.

Key Market Players

  • Vista Outdoor Inc
  • SMITH & WESSON BRANDS, INC
  • Sig Sauer, Inc
  • HECKLER & KOCH GmbH
  • Kalashnikov Concern JSC
  • Colt’s Manufacturing Company LLC
  • FN Herstal, S.A.
  • Walther Arms, Inc.
  • SPRINGFIELD, INC
  • O. F. Mossberg & Sons, Inc

By Type

By Action                          

By End Use Sector

By Region
  • Pistol
  • Shotgun
  • Revolver
  • Others
  • Automatic
  • Semi Automatic
  • Civil and Commercial
  • Defense
  • North America
  • Europe & CIS
  • Asia-Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Small Arms Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Small Arms Market, By Type:

o   Pistol

o   Shotgun

o   Revolver

o   Others

  • Small Arms Market, By Action:

o   Automatic

o   Semi Automatic

  • Small Arms Market, By End Use Sector:

o   Civil and Commercial

o   Defense

  • Small Arms Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Small Arms Market.

Available Customizations:

Global Small Arms Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Small Arms Market

5.    Global Small Arms Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type Market Share Analysis (Pistol, Shotgun, Revolver, Others)

5.2.2.     By Action Market Share Analysis (Automatic, Semi Automatic)

5.2.3.     By End Use Sector Market Share Analysis (Civil and Commercial, Defense)        

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         Asia-Pacific Market Share Analysis

5.2.4.2.         Europe & CIS Market Share Analysis

5.2.4.3.         North America Market Share Analysis

5.2.4.4.         South America Market Share Analysis

5.2.4.5.         Middle East & Africa Market Share Analysis

5.2.5.     By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Small Arms Market Mapping & Opportunity Assessment

5.3.1.     By Type Market Mapping & Opportunity Assessment

5.3.2.     By Action Market Mapping & Opportunity Assessment

5.3.3.     By End Use Sector Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Small Arms Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value  

6.2.  Market Share & Forecast

6.2.1.     By Type Market Share Analysis

6.2.2.     By Action Market Share Analysis

6.2.3.     By End Use Sector Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         China Market Share Analysis

6.2.4.2.         India Market Share Analysis

6.2.4.3.         Japan Market Share Analysis

6.2.4.4.         Indonesia Market Share Analysis

6.2.4.5.         Thailand Market Share Analysis

6.2.4.6.         South Korea Market Share Analysis

6.2.4.7.         Australia Market Share Analysis

6.2.4.8.         Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Small Arms Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value  

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type Market Share Analysis

6.3.1.2.2.             By Action Market Share Analysis

6.3.1.2.3.             By End Use Sector Market Share Analysis

6.3.2.     India Small Arms Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value  

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type Market Share Analysis

6.3.2.2.2.             By Action Market Share Analysis

6.3.2.2.3.             By End Use Sector Market Share Analysis

6.3.3.     Japan Small Arms Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value  

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type Market Share Analysis

6.3.3.2.2.             By Action Market Share Analysis

6.3.3.2.3.             By End Use Sector Market Share Analysis

6.3.4.     Indonesia Small Arms Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value  

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Type Market Share Analysis

6.3.4.2.2.             By Action Market Share Analysis

6.3.4.2.3.             By End Use Sector Market Share Analysis

6.3.5.     Thailand Small Arms Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value  

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Type Market Share Analysis

6.3.5.2.2.             By Action Market Share Analysis

6.3.5.2.3.             By End Use Sector Market Share Analysis

6.3.6.     South Korea Small Arms Market Outlook

6.3.6.1.         Market Size & Forecast

6.3.6.1.1.             By Value  

6.3.6.2.         Market Share & Forecast

6.3.6.2.1.             By Type Market Share Analysis

6.3.6.2.2.             By Action Market Share Analysis

6.3.6.2.3.             By End Use Sector Market Share Analysis

6.3.7.     Australia Small Arms Market Outlook

6.3.7.1.         Market Size & Forecast

6.3.7.1.1.             By Value  

6.3.7.2.         Market Share & Forecast

6.3.7.2.1.             By Type Market Share Analysis

6.3.7.2.2.             By Action Market Share Analysis

6.3.7.2.3.             By End Use Sector Market Share Analysis

7.    Europe & CIS Small Arms Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value  

7.2.  Market Share & Forecast

7.2.1.     By Type Market Share Analysis

7.2.2.     By Action Market Share Analysis

7.2.3.     By End Use Sector Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         Germany Market Share Analysis

7.2.4.2.         Spain Market Share Analysis

7.2.4.3.         France Market Share Analysis

7.2.4.4.         Russia Market Share Analysis

7.2.4.5.         Italy Market Share Analysis

7.2.4.6.         United Kingdom Market Share Analysis

7.2.4.7.         Belgium Market Share Analysis

7.2.4.8.         Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.     Germany Small Arms Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value  

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type Market Share Analysis

7.3.1.2.2.             By Action Market Share Analysis

7.3.1.2.3.             By End Use Sector Market Share Analysis

7.3.2.     Spain Small Arms Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value  

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type Market Share Analysis

7.3.2.2.2.             By Action Market Share Analysis

7.3.2.2.3.             By End Use Sector Market Share Analysis

7.3.3.     France Small Arms Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value  

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type Market Share Analysis

7.3.3.2.2.             By Action Market Share Analysis

7.3.3.2.3.             By End Use Sector Market Share Analysis

7.3.4.     Russia Small Arms Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value  

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type Market Share Analysis

7.3.4.2.2.             By Action Market Share Analysis

7.3.4.2.3.             By End Use Sector Market Share Analysis

7.3.5.     Italy Small Arms Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value  

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type Market Share Analysis

7.3.5.2.2.             By Action Market Share Analysis

7.3.5.2.3.             By End Use Sector Market Share Analysis

7.3.6.     United Kingdom Small Arms Market Outlook

7.3.6.1.         Market Size & Forecast

7.3.6.1.1.             By Value  

7.3.6.2.         Market Share & Forecast

7.3.6.2.1.             By Type Market Share Analysis

7.3.6.2.2.             By Action Market Share Analysis

7.3.6.2.3.             By End Use Sector Market Share Analysis

7.3.7.     Belgium Small Arms Market Outlook

7.3.7.1.         Market Size & Forecast

7.3.7.1.1.             By Value  

7.3.7.2.         Market Share & Forecast

7.3.7.2.1.             By Type Market Share Analysis

7.3.7.2.2.             By Action Market Share Analysis

7.3.7.2.3.             By End Use Sector Market Share Analysis

8.    North America Small Arms Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value  

8.2.  Market Share & Forecast

8.2.1.     By Type Market Share Analysis

8.2.2.     By Action Market Share Analysis

8.2.3.     By End Use Sector Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         United States Market Share Analysis

8.2.4.2.         Mexico Market Share Analysis

8.2.4.3.         Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.     United States Small Arms Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value  

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type Market Share Analysis

8.3.1.2.2.             By Action Market Share Analysis

8.3.1.2.3.             By End Use Sector Market Share Analysis

8.3.2.     Mexico Small Arms Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value  

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type Market Share Analysis

8.3.2.2.2.             By Action Market Share Analysis

8.3.2.2.3.             By End Use Sector Market Share Analysis

8.3.3.     Canada Small Arms Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value  

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type Market Share Analysis

8.3.3.2.2.             By Action Market Share Analysis

8.3.3.2.3.             By End Use Sector Market Share Analysis

9.    South America Small Arms Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value  

9.2.  Market Share & Forecast

9.2.1.     By Type Market Share Analysis

9.2.2.     By Action Market Share Analysis

9.2.3.     By End Use Sector Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         Brazil Market Share Analysis

9.2.4.2.         Argentina Market Share Analysis

9.2.4.3.         Colombia Market Share Analysis

9.2.4.4.         Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.     Brazil Small Arms Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value  

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type Market Share Analysis

9.3.1.2.2.             By Action Market Share Analysis

9.3.1.2.3.             By End Use Sector Market Share Analysis

9.3.2.     Colombia Small Arms Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value  

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type Market Share Analysis

9.3.2.2.2.             By Action Market Share Analysis

9.3.2.2.3.             By End Use Sector Market Share Analysis

9.3.3.     Argentina Small Arms Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value  

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type Market Share Analysis

9.3.3.2.2.             By Action Market Share Analysis

9.3.3.2.3.             By End Use Sector Market Share Analysis

10.  Middle East & Africa Small Arms Market Outlook

10.1.             Market Size & Forecast

10.1.1.  By Value   

10.2.             Market Share & Forecast

10.2.1.  By Type Market Share Analysis

10.2.2.  By Action Market Share Analysis

10.2.3.  By End Use Sector Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      South Africa Market Share Analysis

10.2.4.2.      Turkey Market Share Analysis

10.2.4.3.      Saudi Arabia Market Share Analysis

10.2.4.4.      UAE Market Share Analysis

10.2.4.5.      Rest of Middle East & Africa Market Share Analysis

10.3.             Middle East & Africa: Country Analysis

10.3.1.  South Africa Small Arms Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value  

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type Market Share Analysis

10.3.1.2.2.           By Action Market Share Analysis

10.3.1.2.3.           By End Use Sector Market Share Analysis

10.3.2.  Turkey Small Arms Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value  

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type Market Share Analysis

10.3.2.2.2.           By Action Market Share Analysis

10.3.2.2.3.           By End Use Sector Market Share Analysis

10.3.3.  Saudi Arabia Small Arms Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value  

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type Market Share Analysis

10.3.3.2.2.           By Action Market Share Analysis

10.3.3.2.3.           By End Use Sector Market Share Analysis

10.3.4.  UAE Small Arms Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value  

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type Market Share Analysis

10.3.4.2.2.           By Action Market Share Analysis

10.3.4.2.3.           By End Use Sector Market Share Analysis

11.  SWOT Analysis

11.1.             Strength

11.2.             Weakness

11.3.             Opportunities

11.4.             Threats

12.  Market Dynamics

12.1.             Market Drivers

12.2.             Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.             Company Profiles (Up to 10 Major Companies)

14.1.1.  Vista Outdoor Inc

14.1.1.1.      Company Details

14.1.1.2.      Key Product Offered

14.1.1.3.      Financials (As Per Availability)

14.1.1.4.      Recent Developments

14.1.1.5.      Key Management Personnel

14.1.2.  SMITH & WESSON BRANDS, INC

14.1.2.1.      Company Details

14.1.2.2.      Key Product Offered

14.1.2.3.      Financials (As Per Availability)

14.1.2.4.      Recent Developments

14.1.2.5.      Key Management Personnel

14.1.3.  Sig Sauer, Inc

14.1.3.1.      Company Details

14.1.3.2.      Key Product Offered

14.1.3.3.      Financials (As Per Availability)

14.1.3.4.      Recent Developments

14.1.3.5.      Key Management Personnel

14.1.4.  HECKLER & KOCH GmbH

14.1.4.1.      Company Details

14.1.4.2.      Key Product Offered

14.1.4.3.      Financials (As Per Availability)

14.1.4.4.      Recent Developments

14.1.4.5.      Key Management Personnel

14.1.5.  Kalashnikov Concern JSC

14.1.5.1.      Company Details

14.1.5.2.      Key Product Offered

14.1.5.3.      Financials (As Per Availability)

14.1.5.4.      Recent Developments

14.1.5.5.      Key Management Personnel

14.1.6.  Colt’s Manufacturing Company LLC

14.1.6.1.      Company Details

14.1.6.2.      Key Product Offered

14.1.6.3.      Financials (As Per Availability)

14.1.6.4.      Recent Developments

14.1.6.5.      Key Management Personnel

14.1.7.  FN Herstal, S.A.

14.1.7.1.      Company Details

14.1.7.2.      Key Product Offered

14.1.7.3.      Financials (As Per Availability)

14.1.7.4.      Recent Developments

14.1.7.5.      Key Management Personnel

14.1.8.  Walther Arms, Inc

14.1.8.1.      Company Details

14.1.8.2.      Key Product Offered

14.1.8.3.      Financials (As Per Availability)

14.1.8.4.      Recent Developments

14.1.8.5.      Key Management Personnel

14.1.9.  SPRINGFIELD, INC

14.1.9.1.      Company Details

14.1.9.2.      Key Product Offered

14.1.9.3.      Financials (As Per Availability)

14.1.9.4.      Recent Developments

14.1.9.5.      Key Management Personnel

14.1.10. O. F. Mossberg & Sons, Inc.

14.1.10.1.    Company Details

14.1.10.2.    Key Product Offered

14.1.10.3.    Financials (As Per Availability)

14.1.10.4.    Recent Developments

14.1.10.5.    Key Management Personnel

15.  Strategic Recommendations

15.1.             Key Focus Areas

15.1.1.  Target Regions

15.1.2.  Target Action

15.1.3.  Target Type  

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Small Arms Market was estimated to be USD 10.05 Billion in 2023.

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In 2023, the dominant segment by type in the global small arms market was the pistol. This dominance can be attributed to the increased utilization of pistols in various sectors including military, law enforcement, and civilian self-defense due to their compact size, ease of use, and versatility.

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North America holds the dominant position in the Global Small Arms Market due to its prominent gun culture, significant military expenditures, and rigorous law enforcement requirements. The region continues to exhibit substantial growth, attributed to ongoing military modernization programs and a robust firearms industry.

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The primary factors driving the Global Small Arms Market are the growing defense budgets and the escalating need for personal security and self-defense weapons.

Related Reports

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Srishti Verma

Business Consultant
Press Release

Small Arms Market to Grow with a CAGR of 3.79% Globally through 2029

Jul, 2024

The major drivers for the Global Small Arms Market are increasing defense spending and the rising demand for personal security and self-defense weapons.

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