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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?
For any questions related to Small Arm Market, Small Arm Market Size, Small Arm Market Growth, Small Arm Market Analysis, Small Arm Market Report, Small Arm Market Share, Small Arm Market Trends, Small Arm Market Forecast, Small Arm Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Small Arm Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Small Arm Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Small Arm Market by Type
3.3.1: Pistol
3.3.2: Revolver
3.3.3: Refile
3.3.4: Shotgun
3.3.5: Machine Gun
3.3.6: Others
3.4: Global Small Arm Market by Firing System
3.4.1: Gas-Operated
3.4.2: Recoil-Operated
3.4.3: Manual
3.5: Global Small Arm Market by Technology
3.5.1: Guided
3.5.2: Unguided
3.6: Global Small Arm Market by End Use
3.6.1: Defense
3.6.2: Civil & Commercial
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Small Arm Market by Region
4.2: North American Small Arm Market
4.2.2: North American Small Arm Market by End Use: Defense, Civil & Commercial, and Others
4.3: European Small Arm Market
4.3.1: European Small Arm Market by Type: Pistol, Revolver, Refile, Shotgun, Machine Gun, and Others
4.3.2: European Small Arm Market by End Use: Defense, Civil & Commercial, and Others
4.4: APAC Small Arm Market
4.4.1: APAC Small Arm Market by Type: Pistol, Revolver, Refile, Shotgun, Machine Gun, and Others
4.4.2: APAC Small Arm Market by End Use: Defense, Civil & Commercial, and Others
4.5: ROW Small Arm Market
4.5.1: ROW Small Arm Market by Type: Pistol, Revolver, Refile, Shotgun, Machine Gun, and Others
4.5.2: ROW Small Arm Market by End Use: Defense, Civil & Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Small Arm Market by Type
6.1.2: Growth Opportunities for the Global Small Arm Market by Firing System
6.1.3: Growth Opportunities for the Global Small Arm Market by Technology
6.1.4: Growth Opportunities for the Global Small Arm Market by End Use
6.1.5: Growth Opportunities for the Global Small Arm Market by Region
6.2: Emerging Trends in the Global Small Arm Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Small Arm Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Small Arm Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Colt’s Manufacturing
7.2: Sig Sauer
7.3: Steyr Arms
7.4: Remington Outdoor
7.5: Smith & Wesson
7.6: Daniel Defense
7.7: Israel Weapons Industry
7.8: Heckler & Koch
7.9: GLOCK Ges
7.10: Kalashnikov
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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