Global Small Arms Market 2024-2028

Description

List of Tables

The small arms market is forecasted to grow by USD 2.60 bn during 2023-2028, accelerating at a CAGR of 5.21% during the forecast period. The report on the small arms market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising concerns about personal safety and security, increasing demand for small arms from law enforcement sector, and increasing participation in shooting sports and recreational shooting activities.

Technavio's small arms market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.75%
CAGR	5.21%
Incremental Value	$2.60bn

By End-user

Civil and commercial
Defense

By Type

Rifle
Pistol
Short gun
Others

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the increasing popularity of modular firearms platforms as one of the prime reasons driving the small arms market growth during the next few years. Also, integration of technology such as biometrics and radio frequency identification into small arms and increasing participation of women in shooting sports and self-defense will lead to sizable demand in the market.

The report on the small arms market covers the following areas:

Small arms market sizing
Small arms market forecast
Small arms market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading small arms market vendors that include Adani Group, AmmoTerra, ARSENAL JSCo, Fabbrica dArmi Pietro Beretta S.p.A., Colt Manufacturing Co, LLC., EDGE Group PJSC, G Lock Perfection, Heckler and Koch Inc., Herstal SA, HS Produkt, Indian Ordnance Factories, Israel Defence, Kalyani Strategic Systems Ltd., Kongsberg Gruppen ASA, MOD Crown, Shaw Barrels, SIG Sauer Inc., Smith and Wesson Brands, Inc., Stumpp Schuele and Somappa Springs Pvt. Ltd., and Sturm Ruger and Co. Inc.. Also, the small arms market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77516

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global small arms market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global small arms market 2018 - 2022 ($ billion)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Civil and commercial - Market size and forecast 2023-2028
Exhibit 34: Chart on Civil and commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Civil and commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Civil and commercial - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Civil and commercial - Year-over-year growth 2023-2028 (%)
6.4 Defense - Market size and forecast 2023-2028
Exhibit 38: Chart on Defense - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Defense - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Defense - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Defense - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ billion)
Exhibit 43: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Rifle - Market size and forecast 2023-2028
Exhibit 48: Chart on Rifle - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Rifle - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Rifle - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Rifle - Year-over-year growth 2023-2028 (%)
7.4 Pistol - Market size and forecast 2023-2028
Exhibit 52: Chart on Pistol - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Pistol - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Pistol - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Pistol - Year-over-year growth 2023-2028 (%)
7.5 Short gun - Market size and forecast 2023-2028
Exhibit 56: Chart on Short gun - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Short gun - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Short gun - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Short gun - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
Exhibit 64: Market opportunity by Type ($ billion)
Exhibit 65: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Adani Group
Exhibit 119: Adani Group - Overview
Exhibit 120: Adani Group - Product / Service
Exhibit 121: Adani Group - Key offerings
12.4 ARSENAL JSCo
Exhibit 122: ARSENAL JSCo - Overview
Exhibit 123: ARSENAL JSCo - Product / Service
Exhibit 124: ARSENAL JSCo - Key offerings
12.5 Colt Manufacturing Co, LLC.
Exhibit 125: Colt Manufacturing Co, LLC. - Overview
Exhibit 126: Colt Manufacturing Co, LLC. - Product / Service
Exhibit 127: Colt Manufacturing Co, LLC. - Key offerings
12.6 Fabbrica dArmi Pietro Beretta S.p.A.
Exhibit 128: Fabbrica dArmi Pietro Beretta S.p.A. - Overview
Exhibit 129: Fabbrica dArmi Pietro Beretta S.p.A. - Product / Service
Exhibit 130: Fabbrica dArmi Pietro Beretta S.p.A. - Key offerings
12.7 G Lock Perfection
Exhibit 131: G Lock Perfection - Overview
Exhibit 132: G Lock Perfection - Product / Service
Exhibit 133: G Lock Perfection - Key offerings
12.8 Heckler and Koch Inc.
Exhibit 134: Heckler and Koch Inc. - Overview
Exhibit 135: Heckler and Koch Inc. - Product / Service
Exhibit 136: Heckler and Koch Inc. - Key offerings
12.9 Herstal SA
Exhibit 137: Herstal SA - Overview
Exhibit 138: Herstal SA - Product / Service
Exhibit 139: Herstal SA - Key offerings
12.10 HS Produkt
Exhibit 140: HS Produkt - Overview
Exhibit 141: HS Produkt - Product / Service
Exhibit 142: HS Produkt - Key offerings
12.11 Indian Ordnance Factories
Exhibit 143: Indian Ordnance Factories - Overview
Exhibit 144: Indian Ordnance Factories - Product / Service
Exhibit 145: Indian Ordnance Factories - Key offerings
12.12 Israel Defence
Exhibit 146: Israel Defence - Overview
Exhibit 147: Israel Defence - Product / Service
Exhibit 148: Israel Defence - Key offerings
12.13 Kongsberg Gruppen ASA
Exhibit 149: Kongsberg Gruppen ASA - Overview
Exhibit 150: Kongsberg Gruppen ASA - Business segments
Exhibit 151: Kongsberg Gruppen ASA - Key news
Exhibit 152: Kongsberg Gruppen ASA - Key offerings
Exhibit 153: Kongsberg Gruppen ASA - Segment focus
12.14 Shaw Barrels
Exhibit 154: Shaw Barrels - Overview
Exhibit 155: Shaw Barrels - Product / Service
Exhibit 156: Shaw Barrels - Key offerings
12.15 SIG Sauer Inc.
Exhibit 157: SIG Sauer Inc. - Overview
Exhibit 158: SIG Sauer Inc. - Key offerings
12.16 Smith and Wesson Brands, Inc.
Exhibit 159: Smith and Wesson Brands, Inc. - Overview
Exhibit 160: Smith and Wesson Brands, Inc. - Product / Service
Exhibit 161: Smith and Wesson Brands, Inc. - Key offerings
12.17 Sturm Ruger and Co. Inc.
Exhibit 162: Sturm Ruger and Co. Inc. - Overview
Exhibit 163: Sturm Ruger and Co. Inc. - Business segments
Exhibit 164: Sturm Ruger and Co. Inc. - Key offerings
Exhibit 165: Sturm Ruger and Co. Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 166: Inclusions checklist
Exhibit 167: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 168: Currency conversion rates for US$
13.4 Research methodology
Exhibit 169: Research methodology
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources
13.5 List of abbreviations
Exhibit 172: List of abbreviations