Global Small Arms Market Growth 2023-2029

Global Small Arms Market Growth 2023-2029

Product Code:461499

Published Date: Feb 08,2023

Pages: 105

Region: Global

Category: Consumer Goods

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Small arms, often referred to as firearms or guns, are man-portable lethal weapons for individual use that can expel or launch a shot, bullet, or projectile by action of explosive.

LPI (LP Information)' newest research report, the “Small Arms Industry Forecast” looks at past sales and reviews total world Small Arms sales in 2022, providing a comprehensive analysis by region and market sector of projected Small Arms sales for 2023 through 2029. With Small Arms sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Small Arms industry.

This Insight Report provides a comprehensive analysis of the global Small Arms landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Small Arms portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Small Arms market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Arms and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Small Arms.

The global Small Arms market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

On the basis of product type, Type of Revolvers & Pistols represent the largest share of the Small Arms market, with 46% share. Top 5 companies are : Smith & Wesson, Sturm, Ruger & Co., Colt’s Manufacturing, Remington Outdoor and Ordnance Factory Board (OFB). They have a combined share of 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of Small Arms market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Revolvers & Pistols
    Rifles & Carbines
    Assault Rifles
    Sub-Machine Guns
    Light Machine Guns

Segmentation by application
    Civil
    Military
    Law Enforcement

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Smith & Wesson
    Sturm, Ruger & Co.
    Colt’s Manufacturing
    Remington Outdoor
    Olin Corporation
    Ordnance Factory Board (OFB)
    General Dynamics
    FN Herstal
    O.F. Mossberg & Sons
    Taurus USA
    SSS Defence
    GLOCK, Inc.
    SIG SAUER
    Beretta

Key Questions Addressed in this Report
What is the 10-year outlook for the global Small Arms market?
What factors are driving Small Arms market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Small Arms market opportunities vary by end market size?
How does Small Arms break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?