Small Arms Competitive Landscape, Research Methodology, Business Opportunities, Statistics and Industry Analysis Report
The latest market intelligence report, titled ‘Global Small Arms Market’, is intended to provide the target audience with the necessary information about the global Small Arms industry. There are more than 5,000 honor-killing cases reported annually, while experts believe the actual numbers are much higher. Increasing incidence or robberies, burglaries, and bank heists, as well as kidnapping attempts in various developed and developing countries are some other key factors resulting in rising need for personal weapons for self-defense and safety purposes. Rise in terrorist activities and increase in cross-border security are some key factors driving market revenue growth.
The report comprises a detailed analysis of the vital elements of the Small Arms market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. Surge in domestic violence and crimes coupled with implementation of various arms laws that permit possession of certain weapons among civilian for self-defense purposes is propelling growth of the market. Domestic violence is a global issue that affects 35% of women worldwide.
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The global Small Arms market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Small Arms market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Small Arms market players.
Leading Players Profiled in the Report:
- Smith & Wesson,
- Israel Weapons Industry,
- Kalashnikov Group,
- Colt’s Manufacturing LLC,
- Sturm,
- Ruger & Co., Inc.,
- GLOCK Ges.m.b.H,
- Lockheed Martin Corporation,
- Raytheon,
- General Dynamics Corporation, and
- Carl Walther GmbH
Some Key Highlights from the Report
- In May 2020, FN America, LLC announced its contract to supply M16A4 carbines to the U.S. army for five years at a firm-fixed-price Foreign Military Sales (FMS). The contract has a potential to reach USD 383 million.
- Shotguns are used for small and fast moving targets, often while they are in the air. This type of weapon is most commonly used in sporting and hunting, and is popular for rabbit and small animal, and bird hunting. Use of smoothbore shotgun with a rifled barrel slug improves accuracy to 100 m or more, and this is a popular option, which is driving demand for and revenue growth of the shotgun segment.
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Emergen Research has segmented the global small arms market on the basis of type, caliber, technology, action, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Revolver
- Pistol
- Shotgun
- Rifles
- Machine Gun
- Others
Caliber Outlook (Revenue, USD Billion; 2018–2028)
- 9 mm
- 56 mm
- 62 mm
- 7 mm
- 5 mm
- Others
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Guided
- Unguided
Action Outlook (Revenue, USD Billion; 2018–2028)
- Automatic
- Semi-automatic
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Defense
- Military
- Law Enforcement
- Civil & Commercial
- Hunting
- Sporting
- Self-defense
North America accounted for largest revenue share in 2020 due to increased defense budget, purchase of advanced weapons for combat operations, and high number of shooting ranges in countries in the region. Moreover, the presence of key market players such as General Dynamics Corporation, Lockheed Martin Corporation, and Smith & Wesson will continue to support growth of the North America small arms market going ahead.
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