The global small arms market is expected to reach $5695.86 million by 2022.
Global small arms market is a well-established industry with a few reputed players. But with the waning geopolitical situation fraught with sectarian wars in the Middle East, political instability and local armed insurgencies, the demand for small arms is set to grow rapidly in the coming years.
Increasing participation in hunting and shooting sports, rising demand for self-defense and law enforcement are some of the key drivers of the global small arms market. Product launches and acquisitions are some of the strategies which are being adopted by the key market players to maintain their dominance in the global small arms market.
The global small arms market is segmented based on gun type, cutting type, by operation and on use across different applications.
Based on the type of cutting, small arms are classified into rifled and smooth bore. Rifled bore small arms have internal grooving while smooth bore small arms lack internal grooving.
There are three types of small arms based operation viz. automatic, semi-automatic and manual small arms. The demand for semiautomatic small arms is expected to show high growth during the forecast period on account of an increased demand for commercial firearms. Factors like rise in social violence in parts of Europe with the inflow of immigrants from the Middle East will create a demand for self-defense and law enforcement small arms.
Small arms finds its use across different applications viz. military, law enforcement, civilian self-defense and hunting and shooting sports. Hunting and shooting sports have the biggest market followed by military small arms.
Key Topics Covered:
1. The Research Scope and Methodology
2. Market Dynamics
2.1. Market Drivers
2.1.1. Increased Participation in Hunting and Shooting Sports
2.1.2. Growth in Demand from Self-Defence and Law Enforcement Sector
2.1.3. Increase in Defense Expenditure
2.2.1. Military Modernization Programmes in the Asia-Pacific, Middle East and Africa
2.2.2. Rising Demand for Self Defense Weapons in Europe and Asia
2.3.1. Gun Control Legislations and Rules
2.3.2. Complex Procurement Procedures of the Governments
3. Competitive Insights
3.1. Key Market Developments and Strategies in Global Small Arms Market
3.2. Market Share Analysis
4. Industry Analysis
4.1. PESTEL Analysis
4.2. Major Military Programs
4.3. Emerging Small Arms Technologies
5. Global Small Arms Market Analysis and Forecast
5.1. Assumptions for Analysis and Forecast of the Global Small Arms Market
5.2. Market Overview
6. Global Small Arms Market by Gun Type
6.1. Market Overview
7. Global Small Arms Market by Cutting Type
7.1. Market Overview
7.2. Rifled/Threaded Bore Small Arms
7.3. Smooth Bore Small Arms
8. Global Small Arms Market by Operation
8.1. Market Overview
8.2. Automatic Small Arms
8.3. Semi-Automatic Small Arms
8.4. Manual Small Arms
9. Global Small Arms Market by Application
9.1. Market Overview
9.2. Hunting and Shooting Sports
9.4. Law Enforcement
9.5. Civilian (Self-Defence)
10. Global Small Arms Market by Geography
11. Company Profiles
- Heckler and Koch
- Israeli Weapon Industries
- Kalashnikov Concern
- Remington Inc.
- Smith & Wesson
For more information about this report visit http://www.researchandmarkets.com/research/tc62hw/global_small_arms
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