Global Small Arms Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Pistol, Revolver, Rifles, Shotgun, Machine Gun and Others.

By Cutting Type;

Smooth bore and Threaded/Rifled.

By Caliber;

9mm, 5.56mm, 7.62mm, 12.7mm, 14.5mm and Others.

By Firing System;

Gas-operated, Recoil-operated and Manual.

By End-Use;

Defense, Military, Law Enforcement, Civil & Commercial, Sporting, Hunting, Self-defense and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn804094047 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Small Arms Market (USD Million), 2020 - 2030

In the year 2023, the Global Small Arms Market was valued at USD 9,791.26 million. The size of this market is expected to increase to USD 14,055.20 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global small arms market encompasses a wide array of handheld firearms designed for individual use, including pistols, revolvers, rifles, shotguns, and submachine guns. These weapons serve a multitude of purposes across military, law enforcement, and civilian sectors, ranging from personal defense and recreational shooting to combat operations and security applications. Small arms play a pivotal role in modern warfare, providing soldiers with compact and versatile weapons for engaging enemy personnel, vehicles, and aircraft in various combat environments.

Small arms are also essential tools for law enforcement agencies worldwide, enabling officers to maintain public safety, combat crime, and enforce the rule of law. Police forces utilize pistols, rifles, and shotguns for patrol duties, tactical operations, and special response teams, equipping officers with the firepower and precision needed to confront armed suspects and respond effectively to critical incidents. Additionally, small arms serve as valuable tools for civilian self-defense, providing individuals with a means to protect themselves and their loved ones from threats in accordance with legal regulations and personal safety considerations.

The global small arms market is characterized by a diverse range of manufacturers, including multinational corporations, domestic producers, and artisanal craftsmen. Countries such as the United States, Russia, China, and European nations are among the leading producers and exporters of small arms, supplying military, law enforcement, and civilian markets worldwide. Technological advancements in firearm design, materials, and manufacturing processes continue to drive innovation in the small arms industry, leading to the development of lighter, more durable, and more ergonomic weapons with improved performance and reliability.

Moreover, the proliferation of small arms presents challenges related to illicit trafficking, terrorism, and armed violence, prompting international efforts to regulate and control the transfer and possession of firearms. Initiatives such as arms embargoes, export controls, and multilateral treaties aim to prevent the illicit flow of small arms, reduce armed conflict, and promote peace and security at the regional and global levels. Despite these challenges, the global small arms market remains a dynamic and integral component of the defense industry, providing essential tools for military, law enforcement, and civilian users worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Cutting Type
    3. Market Snapshot, By Caliber
    4. Market Snapshot, By Firing System
    5. Market Snapshot, By End-Use
    6. Market Snapshot, By Region
  4. Global Small Arms Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Security Concerns
        2. Military Modernization
        3. Civilian Self-Defense
        4. Technological Advancements
      2. Restraints
        1. Regulatory Constraints
        2. Security Risks
        3. Ethical and Moral Considerations
        4. Economic Factors
      3. Opportunities
        1. Emerging Markets
        2. Product Diversification
        3. Technological Innovation
        4. Civilian Sporting Market
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Small Arms Market, By Type, 2022 - 2032 (USD Million)
      1. Pistol
      2. Revolver
      3. Rifles
      4. Shotgun
      5. Machine Gun
      6. Others
    2. Global Small Arms Market, By Cutting Type, 2022 - 2032 (USD Million)
      1. Smooth bore
      2. Threaded/Rifled
    3. Global Small Arms Market, By Caliber, 2022 - 2032 (USD Million)
      1. 9mm
      2. 5.56mm
      3. 7.62mm
      4. 12.7mm
      5. 14.5mm
      6. Others
    4. Global Small Arms Market, By Firing System, 2022 - 2032 (USD Million)
      1. Gas-operated
      2. Recoil-operated
      3. Manual
    5. Global Small Arms Market, By End-Use, 2022 - 2032 (USD Million)
      1. Defense
      2. Military
      3. Law Enforcement
      4. Civil & Commercial
      5. Sporting
      6. Hunting
      7. Self-defense
      8. Others
    6. Global Small Arms Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sig Sauer
      2. Steyr Arms
      3. Remington Outdoo
      4. Smith & Wesson
      5. Daniel Defense Inc.
      6. Sturm, Ruger & Co., Inc
      7. Israel Weapons Industry
      8. Heckler & Koch Gmbh
      9. GLOCK Ges.m.b.H
  7. Analyst Views
  8. Future Outlook of the Market

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