The global small arms market size is expected to reach USD 10.32 Billion at a steady CAGR of 2.3% in 2028, according to latest analysis by Emergen Research. Rise in terrorist activities and increase in cross-border security are some key factors driving market revenue growth. Increasing need for deployment of military personnel at military bases and sensitive locations and infrastructure and international borders and rising focus on modernization of weapons and ammunition are other key factors fueling growth of the global small arms market.
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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. There are more than 5,000 honor-killing cases reported annually, while experts believe the actual numbers are much higher.
Some major companies in the global market 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.
Covid 19 analysis :
The report is refurbished with the impact of the recent COVID-19 pandemic on the global Small Arms Market . The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the Small Arms Market . The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the Small Arms Market post-COVID-19 crisis.
Market Scope:
One of the report’s central components is the broad Small Arms Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past Small Arms Market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
Segmentation:
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
Small Arms Market Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What is the report in store for you?
Industry Scale and Forecast: Industry analysts have provided historical, current and expected forecasts of the industry scale from a value and volume perspective
Future Opportunities: In this section of the report, Small Arms Market participants are provided with information about the likely future prospects offered by the Small Arms Market industry Here,the authors of the report talked about the main trends and developments happening in the Small Arms Market market and their impact on overall growth
Study of Industry segmentation:In this part of the report,a detailed analysis of the major Small Arms Market industry segments, including product types, applications and verticals, was carried out
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Small Arms Market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Small Arms Market size
2.2 Latest Small Arms Market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Small Arms Market key players
3.2 Global Small Arms Market size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Small Arms Market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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