The global Small Arms market gathered revenue around USD 8.30 Billion in 2020 and market is set to grow USD 12.9 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 3.9% during the prediction period 2021 to 2027.
Growth Factors:
Small arms (excluding light weapons, their replicas and antique small arms) are designed to launch or expel a projectile, bullet, or shot through an explosive's action. They include self-loading pistols, revolvers, assault rifles, light and sub-machine guns, and carbines. These arms are mostly intended for personal use. They are provided with accessories and ancillaries such as cleaning kits, slings, oil bottles, sound suppressors, under-barrel grenade launchers, optical sights, flash lights and fore-grips to enhance the usefulness and effectiveness of the weapons. Small arms consist of barrel, action, stock and other operating components, manufactured as per military specifications. They find exhaustive use in commercial applications like sports shooting, self-defense, hunting, and law enforcement agencies & militaries. Firearms are generally manufactured using high-quality steel, while some of their components are made from wood and Bakelite. Nowadays, however, polymers are replacing metal because weapon markings easily are erasable from polymers. The raw material required for manufacturing the arms is abundantly and easily available.
The global count of small arms amounts to over one billion with the inclusion of the civilian sector, and is projected to display a strong growth in the future due to the increasing demand from civilians. A major part of the worldwide small arms are held by civilians due to the increasing requirement for self-defense, including non-state armed forces, private security personnel, gangs, and private citizens. The increase in cross-border issues, regional unrest, security threats, and tense relations is expected to result in a greater product adoption at the global level. The legal provision in some countries enabling ownership of small arms by civilians for defense needs is among the major factors driving the growth of the market. Small arms have a wide usage in many countries including the U.S. owing to its low-cost. The growing use of small arms is expected to directly impact the growth of the worldwide market in the future.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Small Arms market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Small Arms market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
Report Scope | Details |
Market Size | USD 12.9 Billion by 2027 |
Growth Rate | CAGR of 3.9% From 2021 to 2027 |
Base Year | 2020 |
Forecast Period | 2021 to 2027 |
Historic Data | 2017 to 2020 |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Segments Covered | End Use Sector, Type, Action And Region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Companies Mentioned | CZG - Ceská zbrojovka Group SE, Fabbrica d'Armi Pietro Beretta S.P.A., FN Herstal, Heckler & Koch, ISRAEL WEAPON INDUSTRIES (I.W.I) LTD, Smith & Wesson Brands, Inc., Sturm, Ruger & Co., Inc., Taurus International Manufacturing, Inc., Webley & Scott, and Weihrauch & Weihrauch Sport GmbH & Co. KG. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Small Arms market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Small Arms Market include: CZG - Ceská zbrojovka Group SE, Fabbrica d'Armi Pietro Beretta S.P.A., FN Herstal, Heckler & Koch, ISRAEL WEAPON INDUSTRIES (I.W.I) LTD, Smith & Wesson Brands, Inc., Sturm, Ruger & Co., Inc., Taurus International Manufacturing, Inc., Webley & Scott, and Weihrauch & Weihrauch Sport GmbH & Co. KG.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Market Segments
By End Use Sector
By Type
By Action
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Small Arms market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Small Arms market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Small Arms markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Small Arms market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Small Arms Market, By End Use Sector
7.1. Small Arms Market, By End Use Sector, 2021-2027
7.1.1. Civil & Commercial
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Defense
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Small Arms Market, By Type
8.1. Small Arms Market, By Type, 2021-2027
8.1.1. Pistol
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Shotgun
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Revolver
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Small Arms Market, By Action
9.1. Small Arms Market, By Action, 2021-2027
9.1.1. Automatic
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Semi-Automatic
9.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 10.Global Small Arms Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.1.2. Market Revenue and Forecast, By Type (2016-2027)
10.1.3. Market Revenue and Forecast, By Action (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.1.4.2. Market Revenue and Forecast, By Type (2016-2027)
10.1.4.3. Market Revenue and Forecast, By Action (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.1.5.2. Market Revenue and Forecast, By Type (2016-2027)
10.1.5.3. Market Revenue and Forecast, By Action (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.2.2. Market Revenue and Forecast, By Type (2016-2027)
10.2.3. Market Revenue and Forecast, By Action (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.2.4.2. Market Revenue and Forecast, By Type (2016-2027)
10.2.4.3. Market Revenue and Forecast, By Action (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.2.5.2. Market Revenue and Forecast, By Type (2016-2027)
10.2.5.3. Market Revenue and Forecast, By Action (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.2.6.2. Market Revenue and Forecast, By Type (2016-2027)
10.2.6.3. Market Revenue and Forecast, By Action (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.2.7.2. Market Revenue and Forecast, By Type (2016-2027)
10.2.7.3. Market Revenue and Forecast, By Action (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.3.2. Market Revenue and Forecast, By Type (2016-2027)
10.3.3. Market Revenue and Forecast, By Action (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.3.4.2. Market Revenue and Forecast, By Type (2016-2027)
10.3.4.3. Market Revenue and Forecast, By Action (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.3.5.2. Market Revenue and Forecast, By Type (2016-2027)
10.3.5.3. Market Revenue and Forecast, By Action (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.3.6.2. Market Revenue and Forecast, By Type (2016-2027)
10.3.6.3. Market Revenue and Forecast, By Action (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.3.7.2. Market Revenue and Forecast, By Type (2016-2027)
10.3.7.3. Market Revenue and Forecast, By Action (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.4.2. Market Revenue and Forecast, By Type (2016-2027)
10.4.3. Market Revenue and Forecast, By Action (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.4.4.2. Market Revenue and Forecast, By Type (2016-2027)
10.4.4.3. Market Revenue and Forecast, By Action (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.4.5.2. Market Revenue and Forecast, By Type (2016-2027)
10.4.5.3. Market Revenue and Forecast, By Action (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.4.6.2. Market Revenue and Forecast, By Type (2016-2027)
10.4.6.3. Market Revenue and Forecast, By Action (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.4.7.2. Market Revenue and Forecast, By Type (2016-2027)
10.4.7.3. Market Revenue and Forecast, By Action (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.5.2. Market Revenue and Forecast, By Type (2016-2027)
10.5.3. Market Revenue and Forecast, By Action (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.5.4.2. Market Revenue and Forecast, By Type (2016-2027)
10.5.4.3. Market Revenue and Forecast, By Action (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, By End Use Sector (2016-2027)
10.5.5.2. Market Revenue and Forecast, By Type (2016-2027)
10.5.5.3. Market Revenue and Forecast, By Action (2016-2027)
Chapter 11. Company Profiles
11.1. CZG - Ceská zbrojovka Group SE
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Fabbrica d'Armi Pietro Beretta S.P.A
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. FN Herstal
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Heckler & Koch
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. ISRAEL WEAPON INDUSTRIES (I.W.I) LTD
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Smith & Wesson Brands, Inc.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Sturm
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Ruger & Co., Inc
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Taurus International Manufacturing, Inc.,
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Webley & Scott
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms