Small Arm Market Report: Trends, Forecast and Competitive Analysis to 2030

Small Arm Trends and Forecast

The future of the global small arm market looks promising with opportunities in the defense and civil & commercial markets. The global small arm market is expected to reach an estimated $11.2 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increase in criminal violence across globe and rising preference for 3D printing based guns.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Small Arm by Segment

The study includes a forecast for the global small arm by type, firing system, technology, end use, and region.

Small Arm Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Pistol
• Revolver
• Refile
• Shotgun
• Machine Gun
• Others

Small Arm Market by Firing System [Shipment Analysis by Value from 2018 to 2030]:

• Gas-Operated
• Recoil-Operated
• Manual

Small Arm Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Guided
• Unguided

Small Arm Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Defense
• Civil & Commercial
• Others

Small Arm Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Small Arm Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies small arm companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the small arm companies profiled in this report include-

• Colt's Manufacturing
• Sig Sauer
• Steyr Arms
• Remington Outdoor
• Smith & Wesson
• Daniel Defense
• Israel Weapons Industry
• Heckler & Koch
• GLOCK Ges
• Kalashnikov

Small Arm Market Insights

Lucintel forecasts that refile is expected to witness the highest growth over the forecast period due to its rising usage in sporting and hunting activities.

Within this market, civil & commercial will remain the larger segment due to growing number of people using shotguns for self-defense, hunting, and sports.

North America will remain the largest region over the forecast period due to growing popularity of sporting and hunting activities among population and presence of key players in the region.

Features of the Global Small Arm Market

Market Size Estimates: Small arm market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Small arm market size by various segments, such as by type, firing system, technology, end use, and region in terms of value ($B).

Regional Analysis: Small arm market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, firing system, technology, end use, and regions for the small arm market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the small arm market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the small arm market size?

Answer: The global small arm market is expected to reach an estimated $11.2 billion by 2030.

Q2. What is the growth forecast for small arm market?

Answer: The global small arm market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the small arm market?

Answer: The major drivers for this market are increase in criminal violence across globe and rising preference for 3D printing based guns.

Q4. What are the major segments for small arm market?

Answer: The future of the small arm market looks promising with opportunities in the defense and civil & commercial markets.

Q5. Who are the key small arm market companies?

Answer: Some of the key small arm companies are as follows:

• Colt's Manufacturing
• Sig Sauer
• Steyr Arms
• Remington Outdoor
• Smith & Wesson
• Daniel Defense
• Israel Weapons Industry
• Heckler & Koch
• GLOCK Ges
• Kalashnikov

Q6. Which small arm market segment will be the largest in future?

Answer: Lucintel forecasts that refile is expected to witness the highest growth over the forecast period due to its rising usage in sporting and hunting activities.

Q7. In small arm market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing popularity of sporting and hunting activities among population and presence of key players in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the small arm market by type (pistol, revolver, refile, shotgun, machine gun, and others), firing system (gas-operated, recoil-operated, and manual), technology (guided and unguided), end use (defense, civil & commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?