Service Handgun Market

By Type;

Revolvers and Pistol

By Material;

Steel, Aluminium and Polymer

By Caliber;

9 Mm, . 40 S&W, . 45 ACP and Others

By Safety;

Grip, Drop and Manual

By Application;

Military & Defense and Law Enforcement

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn243505014 Published Date: August, 2025 Updated Date: September, 2025

Service Handgun Market Overview

Service Handgun Market (USD Million)

Service Handgun Market was valued at USD 1420.56 million in the year 2024. The size of this market is expected to increase to USD 2222.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.


Service Handgun Market

*Market size in USD million

CAGR 6.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.6 %
Market Size (2024)USD 1420.56 Million
Market Size (2031)USD 2222.08 Million
Market ConcentrationMedium
Report Pages322
1420.56
2024
2222.08
2031

Major Players

  • Colt's Manufacturing Company, LLC
  • SIG SAUER
  • Remington Arms Company LLC
  • GLOCK Ges.m.b.H.
  • Heckler and Koch
  • Ruger & Co. Inc.
  • Baretta
  • Smith and Wesson
  • Ceska zbrojovka uhersky brod
  • FN HERSTAL

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Service Handgun Market

Fragmented - Highly competitive market without dominant players


The Service Handgun Market has experienced significant growth due to increasing demand from law enforcement agencies and military personnel seeking reliable, accurate, and durable firearms. Over 72% of law enforcement agencies globally rely on service handguns for daily operations, highlighting their critical role in maintaining public safety. These handguns are known for their precision and ability to function under varying conditions, making them essential tools for professional use.

Key Drivers of Market Growth
The growing focus on public safety and law enforcement efficiency has significantly driven the demand for service handguns. Around 65% of police forces worldwide have upgraded their firearms to modern, higher-performance handguns in response to increasing security threats. These handguns are designed for rapid deployment and offer enhanced accuracy, which is crucial in high-pressure situations.

Technological Advancements Enhancing Performance
Advancements in firearm technology, including improved ergonomics, better recoil management, and enhanced durability, have made service handguns more effective in the field. Approximately 60% of new models on the market feature integrated optics or improved sights, which enhance accuracy and shooting performance. These innovations allow law enforcement officers to respond more efficiently to threats, making modern handguns indispensable for tactical operations.

Cost-Effectiveness and Durability Driving Adoption
Service handguns are designed to provide long-lasting durability and functionality, contributing to their widespread adoption. Over 50% of law enforcement agencies report cost-effectiveness as a major factor in their decision to upgrade firearms. With a longer service life and minimal maintenance needs, service handguns represent a reliable and budget-friendly solution for security forces.

  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 Material
    3. Market Snapshot, By Caliber
    4. Market Snapshot, By Safety
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Service Handgun Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Security Demand Surge
        2. Technological Advancements
        3. Modular Handgun Systems (MHS)
      2. Restraints
        1. Regulatory Hurdles
        2. Budgetary Constraints
        3. Supply Chain Disruptions
      3. Opportunities
        1. Emerging Market Expansion
        2. R&D Investment Opportunities
        3. Civilian Market Penetration
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. 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. Service Handgun Market, By Type, 2021 - 2031 (USD Million)
      1. Revolver
      2. Pistol
    2. Service Handgun Market, By Material, 2021 - 2031 (USD Million)
      1. Steel
      2. Aluminium
      3. Polymer
    3. Service Handgun Market, By Caliber, 2021 - 2031 (USD Million)

      1. 9 Mm

      2. . 40 S&W

      3. . 45 ACP

      4. Others

    4. Service Handgun Market, By Safety, 2021 - 2031 (USD Million)
      1. Grip
      2. Drop
      3. Manual
    5. Service Handgun Market, By Application, 2021 - 2031 (USD Million)
      1. Military & Defense
      2. Law Enforcement
    6. Service Handgun Market, By Geography, 2021 - 2031 (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. Sturm, Ruger & Co. Inc
      2. SIG SAUER
      3. Smith & Wesson
      4. Heckler & Koch GmbH
      5. FN HERSTAL
      6. CZUB
      7. Springfield Armory
      8. Fabbrica d'Armi Pietro Beretta SpA
      9. Colt's Manufacturing Company LLC
      10. Walther Arms Inc
      11. Remington Arms Company
      12. GLOCK GmbH
      13. Browning
      14. KADDB
      15. Armscor International Inc.
  7. Analyst Views
  8. Future Outlook of the Market