Small Arms Market 2022-2028

List of Tables

Global Small Arms Market Size, Share & Trends Analysis Report by Type (Handgun, Shotgun, Machine Gun, and Rifle), and by End-User (Civil & Commercial, and Defense) Forecast (2022-2028)

The global small arms market is anticipated to grow at a substantial CAGR of 3.9% during the forecast period. One of the major factors that are fueling the market is the rising usability of small arms in the armed forces in the nations. Small arms are handy, light-weighted, easy to carry, and quick to use which makes them desirable for most defense professionals and civilians. The small arms also come with laser technology, micro-stamping, technologies for stockpile management, and others that have enhanced their applications. For instance, in January 2022, the Indian Armed Forces announced that they have received the first batch of 70,000 rifles from Russia as part of a larger contract to procure and manufacture the AK 203 assault rifles.

The global small arms market is segmented based on the type and end-user. Based on the type, the market is segmented into handguns, shotguns, machine guns, and rifles. Based on the end-user, the market is sub-segmented into civil & commercial, and defense. Based on type handguns are anticipated to grow significantly during the forecast period owing to their small size, and easy to hide in clothes making them most suitable for civilians and highly usable for defense.

Geographically the global small arms market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is anticipated to grow significantly during the forecast period owing to the rising tensions between the countries such as China, India, Pakistan, Australia, and others which has increased the defense budgets of the countries. For instance, China has the 2nd largest defense budget in 2022 with $229.5 billion which was increased by 7.1% as compared to the defense budget in 2021.

The major companies serving the global small arms market GLOCK Ges.m.b.H., Heckler and Koch GmbH, Herstal Group, Sig Sauer, Inc., Sturm, Ruger & Co., Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2021, Russia's Kalashnikov Group revealed its latest AK-203 7.62 mm assault rifle and PPK-20 9 mm submachine gun (SMG). The PPK-20 is the Russian military's first-grade SMG, which was primarily envisioned for field units. In contrast, the new assault rifle AK-203 features an integral Picatinny rail interface system for sights and shooting accessories, a folding telescopic stock, an ergonomic pistol grip, a slotted muzzle brake/flash suppressor, and a magazine that allows controlling ammunition consumption.

Research Methodology

The market study of the global small arms market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Small Arms Market Research and Analysis by Type.

2. Global Small Arms Market Research and Analysis by End-User.

The Report Covers:

Comprehensive Research Methodology of the global small arms market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global small arms market.
Insights about market determinants that are stimulating the global small arms market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026425

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Small Arms Market
Recovery Scenario of Global Small Arms Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. GLOCK Ges.m.b.H.
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Heckler and Koch GmbH
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Herstal Group
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. Sig Sauer, Inc.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Sturm, Ruger & Co., Inc.
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Small Arms Market by Type
- 4.1.1. Handgun
- 4.1.2. Shotgun
- 4.1.3. Machine Gun
- 4.1.4. Rifle
4.2. Global Small Arms Market by End-User
- 4.2.1. Civil & Commercial
- 4.2.2. Defense

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Armscor International Inc.
6.2. Barrett
6.3. Benelli Armi SpA
6.4. Browning Arms Co.
6.5. CheyTac USA, LLC
6.6. Colt's Manufacturing Company LLC
6.7. CZG - Ceska zbrojovka Group SE
6.8. Fabbrica d'Armi Pietro Beretta S.P.A.
6.9. ISRAEL WEAPON INDUSTRIES (I.W.I) LTD
6.10. Kalashnikov Concern JSC
6.11. O. F. Mossberg & Sons, Inc.
6.12. Remington Arms Company, LLC.
6.13. Smith & Wesson Brands, Inc.
6.14. Springfield Armory Inc.
6.15. Stumpp, Schuele & Somappa Springs Pvt. Ltd.
6.16. Taurus Holdings, Inc.
6.17. Walther Arms Inc.
6.18. Webley & Scott
6.19. Weihrauch & Weihrauch Sport GmbH & Co. KG
6.20. Winchester Repeating Arms