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Report
Small Arms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 138 Pages I IMARC Group
The global small arms market size reached US$ 9.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2022-2028. The rising terrorist threats, increasing cross-border security issues, and the growing investments in the military and defense sector represent some of the key factors driving the market.
Small arms are portable, lethal weapons designed to use by an individual or a small group of people to launch a shot, bullet, and projectile for explosive action. They include handguns, rifles, revolvers, self-loading pistols, carbines, assault rifles, light and sub-machine guns, shotguns, submachine guns, and machine guns. They also incorporate ancillaries and accessories, such as slings, cleaning kits, optical sights, fore-grips and flashlights, oil bottles, under-barrel grenade launchers, and sound suppressors, to enhance the overall effectiveness and usefulness of weapons. Small arms are used by military and law enforcement agencies to protect citizens, maintain order, and provide national defense. They are also employed for self-defense, hunting, sport shooting, and prevention from theft and damage by predators and thieves. At present, automatic, semi-automatic, and manual small arms are available as per the needs of military and law enforcement agencies across the globe.
Small Arms Market Trends:
At present, the growing global population and increasing cross-border security issues represent one of the key factors positively influencing the market across the globe. In addition, rising terrorist threats and increasing demand for personal safety and security are catalyzing the demand for small arms for self-defense, especially in regions with high crime rates and political instability. Besides this, governments of various countries are acquiring advanced weapon systems to modernize police forces and prevent human rights violations. This, in confluence with the increasing investments in the upgradation of equipment and weapons by law enforcement agencies, is creating a favorable market outlook around the world. Additionally, increasing domestic crime rates, along with the imposition of several laws are enabling the possession of weapons for self-defense purposes, are offering lucrative growth opportunities to key market players operating worldwide. In line with this, customers are increasingly looking for customized and personalized firearms that suit their specific needs and preferences. This, along with the growing incidents of theft and burglaries, is promoting the utilization of small arms around the world. Moreover, the escalating demand for lightweight, high-precision and compact weapons is creating a favorable market outlook. Furthermore, inflating disposable incomes and increasing interest in shooting sports are stimulating the growth of the market around the world.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global small arms market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application, caliber, technology, cutting type and operation.
Type Insights:
Pistol
Revolver
Rifle
Machinegun
Others
The report has provided a detailed breakup and analysis of the small arms market based on the type. This includes pistol, revolver, rifle, machinegun, and others. According to the report, pistol represented the largest segment.
Application Insights:
Military
Law Enforcement
Others
A detailed breakup and analysis of the small arms market based on the application has also been provided in the report. This includes military, law enforcement, and others. According to the report, military accounted for the largest market share.
Caliber Insights:
5.56 mm
7.62 mm
9 mm
Others
A detailed breakup and analysis of the small arms market based on the caliber has also been provided in the report. This includes 5.56 mm, 7.62 mm, 9 mm, and others. According to the report, 9 mm accounted for the largest market share.
Technology Insights:
Guided
Unguided
A detailed breakup and analysis of the small arms market based on the technology has also been provided in the report. This includes guided and unguided. According to the report, guided accounted for the largest market share.
Cutting Type Insights:
Rifled
Smoothed Bore
A detailed breakup and analysis of the small arms market based on the cutting type has also been provided in the report. This includes rifled and smoothed bore. According to the report, rifled accounted for the largest market share.
Operation Insights:
Automatic
Semi-automatic
Manual
A detailed breakup and analysis of the small arms market based on the operation has also been provided in the report. This includes automatic, semi-automatic, and manual. According to the report, automatic accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America (the United States and Canada) was the largest market for small arms. Some of the factors driving the North America small arms market included technological advancements, extensive research and development (R&D) activities, high investment in the military and defense sector, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global small arms market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Beretta Holding S.P.A, Colt's Manufacturing Company LLC, Glock Ges M.B.H, Fabbrica dArmi Pietro Beretta S.p.A., Heckler & Koch GmbH, Herstal SA, Israeli Weapon Industries, Remington Arms Company LLC, Smith & Wesson Holding Corporation, Sturm, Ruger & Company Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. How big is the global small arms market?
2. What is the expected growth rate of the global small arms market during 2023-2028?
3. What are the key factors driving the global small arms market?
4. What has been the impact of COVID-19 on the global small arms market?
5. What is the breakup of the global small arms market based on the type?
6. What is the breakup of the global small arms market based on the application?
7. What is the breakup of the global small arms market based on the caliber?
8. What is the breakup of the global small arms market based on the technology?
9. What is the breakup of the global small arms market based on the cutting type?
10. What is the breakup of the global small arms market based on the operation?
11. What are the key regions in the global small arms market?
12. Who are the key players/companies in the global small arms market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Small Arms Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Pistol
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Revolver
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Rifle
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Machinegun
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Military
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Law Enforcement
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Caliber
8.1 5.56 mm
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 7.62 mm
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 9 mm
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Technology
9.1 Guided
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Unguided
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Cutting Type
10.1 Rifled
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Smoothed Bore
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Operation
11.1 Automatic
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Semi-automatic
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Manual
11.3.1 Market Trends
11.3.2 Market Forecast
12 Market Breakup by Region
12.1 North America
12.1.1 United States
12.1.1.1 Market Trends
12.1.1.2 Market Forecast
12.1.2 Canada
12.1.2.1 Market Trends
12.1.2.2 Market Forecast
12.2 Asia-Pacific
12.2.1 China
12.2.1.1 Market Trends
12.2.1.2 Market Forecast
12.2.2 Japan
12.2.2.1 Market Trends
12.2.2.2 Market Forecast
12.2.3 India
12.2.3.1 Market Trends
12.2.3.2 Market Forecast
12.2.4 South Korea
12.2.4.1 Market Trends
12.2.4.2 Market Forecast
12.2.5 Australia
12.2.5.1 Market Trends
12.2.5.2 Market Forecast
12.2.6 Indonesia
12.2.6.1 Market Trends
12.2.6.2 Market Forecast
12.2.7 Others
12.2.7.1 Market Trends
12.2.7.2 Market Forecast
12.3 Europe
12.3.1 Germany
12.3.1.1 Market Trends
12.3.1.2 Market Forecast
12.3.2 France
12.3.2.1 Market Trends
12.3.2.2 Market Forecast
12.3.3 United Kingdom
12.3.3.1 Market Trends
12.3.3.2 Market Forecast
12.3.4 Italy
12.3.4.1 Market Trends
12.3.4.2 Market Forecast
12.3.5 Spain
12.3.5.1 Market Trends
12.3.5.2 Market Forecast
12.3.6 Russia
12.3.6.1 Market Trends
12.3.6.2 Market Forecast
12.3.7 Others
12.3.7.1 Market Trends
12.3.7.2 Market Forecast
12.4 Latin America
12.4.1 Brazil
12.4.1.1 Market Trends
12.4.1.2 Market Forecast
12.4.2 Mexico
12.4.2.1 Market Trends
12.4.2.2 Market Forecast
12.4.3 Others
12.4.3.1 Market Trends
12.4.3.2 Market Forecast
12.5 Middle East and Africa
12.5.1 Market Trends
12.5.2 Market Breakup by Country
12.5.3 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Beretta Holding S.P.A
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.2 Colt's Manufacturing Company LLC
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.3 Glock Ges M.B.H
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.4 Fabbrica dArmi Pietro Beretta S.p.A.
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.5 Heckler & Koch GmbH
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Financials
17.3.6 Herstal SA
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.7 Israeli Weapon Industries
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.8 Remington Arms Company LLC
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.9 Smith & Wesson Holding Corporation
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.9.3 Financials
17.3.10 Sturm, Ruger & Company Inc.
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Financials
Figure 1: Global: Small Arms Market: Major Drivers and Challenges
Figure 2: Global: Small Arms Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Small Arms Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Small Arms Market: Breakup by Type (in %), 2022
Figure 5: Global: Small Arms Market: Breakup by Application (in %), 2022
Figure 6: Global: Small Arms Market: Breakup by Caliber (in %), 2022
Figure 7: Global: Small Arms Market: Breakup by Technology (in %), 2022
Figure 8: Global: Small Arms Market: Breakup by Cutting Type (in %), 2022
Figure 9: Global: Small Arms Market: Breakup by Operation (in %), 2022
Figure 10: Global: Small Arms Market: Breakup by Region (in %), 2022
Figure 11: Global: Small Arms (Pistol) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Small Arms (Pistol) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Small Arms (Revolver) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Small Arms (Revolver) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Small Arms (Rifle) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Small Arms (Rifle) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Small Arms (Machinegun) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Small Arms (Machinegun) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Small Arms (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Small Arms (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Small Arms (Military) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Small Arms (Military) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Small Arms (Law Enforcement) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Small Arms (Law Enforcement) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Small Arms (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Small Arms (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Small Arms (5.56 mm) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Small Arms (5.56 mm) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Small Arms (7.62 mm) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Small Arms (7.62 mm) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Small Arms (9 mm) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Small Arms (9 mm) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Small Arms (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Small Arms (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Small Arms (Guided) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Small Arms (Guided) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Small Arms (Unguided) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Small Arms (Unguided) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Small Arms (Rifled) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Small Arms (Rifled) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Small Arms (Smoothed Bore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Small Arms (Smoothed Bore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Small Arms (Automatic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Small Arms (Automatic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Small Arms (Semi-automatic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Small Arms (Semi-automatic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Small Arms (Manual) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Small Arms (Manual) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: North America: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: United States: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: North America: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Asia-Pacific: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: China: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Asia-Pacific: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Europe: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Germany: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Europe: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Latin America: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Brazil: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Latin America: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Middle East and Africa: Small Arms Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Middle East and Africa: Small Arms Market: Breakup by Country (in %), 2022
Figure 97: Middle East and Africa: Small Arms Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 98: Global: Small Arms Industry: SWOT Analysis
Figure 99: Global: Small Arms Industry: Value Chain Analysis
Figure 100: Global: Small Arms Industry: Porters Five Forces Analysis
Table 1: Global: Small Arms Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Small Arms Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Small Arms Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Small Arms Market Forecast: Breakup by Caliber (in Million US$), 2023-2028
Table 5: Global: Small Arms Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 6: Global: Small Arms Market Forecast: Breakup by Cutting Type (in Million US$), 2023-2028
Table 7: Global: Small Arms Market Forecast: Breakup by Operation (in Million US$), 2023-2028
Table 8: Global: Small Arms Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 9: Global: Small Arms Market: Competitive Structure
Table 10: Global: Small Arms Market: Key Players
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