Small Arms Market By Type (Pistol, Shotgun, Revolver, Others), By Action (Automatic, Semi Automatic), By End Use Sector (Civil and Commercial, Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032
Small arms are specialized weapons used by any individual for self-defense as well as for recreational purposes. In addition, military and law enforcement personnel also make use of small arms for carrying out their respective operations. Small arms consist of various firearms such as pistol, shotgun, revolver, rifle, and other related systems. Sports events, hunting activities, and self-defense are the prominent application areas of small arms, and it is expected to be a lucrative opportunity in the upcoming years. Governments across the globe have introduced regulations and rules for small arms solution acquisition and usage activities. Growth in the adoption of small arms solutions in sport events and the increase in requirements of small arms for self-defense applications are crucial factors that support growth for small arms across the globe.
Small arms are the type of weapons carried out by individuals and handled easily for effective desired operations. Small arms mainly include pistols, rifles, shotguns, machine guns, and revolvers. Small arms find their application across civil & commercial and defense sectors. Government regulations and rules have been imposed by several regulators to control the acquisition of small arms across the globe. The rise in demand for small arms for competitive sporting events and growth in the number of territorial conflicts across the globe are anticipated to support the growth of the market. Agreements and contracts with law enforcement and military agencies and product launch activities are the key strategies adopted by the market players. North America is the leading consumer of small arms in the global market, and it is expected to lead the market growth.
Moreover, leading manufacturers invest heavily in R&D to develop firearms that are more accurate, reliable, and user-friendly. R&D efforts focus on materials science, ergonomics, & incorporating advanced technologies such as smart optics and integrated electronic systems. Smart optics, such as red dot sights and holographic sights, provide enhanced aiming and targeting capabilities. These optics projects illuminated reticles onto the user's field of view, allowing for rapid and precise target acquisition. R&D efforts in the firearms industry are focused on improving accuracy, reliability, and user-friendliness through multiple avenues.
The small arms market is segmented on the basis of type, action, end-use sector and region. By type, it is categorized into pistol, shotgun, revolver, and others. Depending on action, it is fragmented into automatic and semi-automatic. Depending on the end-use sector, the market is segregated into civil & commercial and defense. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Leading players and their key business strategies have been analyzed in the report to gain a competitive insight into the market. Key players covered in the report 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.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the small arms market analysis from 2022 to 2032 to identify the prevailing small arms market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the small arms market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global small arms market trends, key players, market segments, application areas, and market growth strategies.
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
SWOT Analysis
Key Market SegmentsBy TypePistol
Shotgun
Revolver
Others
By ActionAutomatic
Semi Automatic
By End Use SectorCivil and Commercial
Defense
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersTaurus International Manufacturing, Inc.
Colt CZ Group SE
FN Herstal
SMITH & WESSON BRANDS, INC.
WEBLEY & SCOTT
ISRAEL WEAPON INDUSTRIES (I.W.I) LTD.
Fabbrica d'Armi Pietro Beretta S.p.A.
STURM, RUGER & CO., INC.
WEIHRAUCH & WEIHRAUCH SPORT GMBH & CO. KG
Heckler & Koch
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