Global Small Arms Industry Analysis Report 2023-2030: US Dominates Global Arms Race, Increasing Expenditure on Anti-Terror Initiatives
Tuesday, December 19, 2023
DUBLIN, Dec. 11, 2023 /PRNewswire/ -- The "Small Arms - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
Global Small Arms Market to Reach $10.8 Billion by 2030
The global market for Small Arms estimated at US$8.7 Billion in the year 2022, is projected to reach a revised size of US$10.8 Billion by 2030, growing at a CAGR of 2.7% over the analysis period 2022-2030. Rifle, one of the segments analyzed in the report, is projected to record 2.9% CAGR and reach US$5.9 Billion by the end of the analysis period. Growth in the Pistol segment is estimated at 2.5% CAGR for the next 8-year period.
An introduction to small arms is provided, covering various types and their primary applications. The report offers insights into the global market prospects and outlook for small arms, identifying growth drivers and restraining factors. It analyzes the market by type and end-use, providing a regional analysis and ranking geographic regions by percentage CAGR.
The competitive scenario is examined, including the percentage market share of key competitors in the small arms market in 2022 and an assessment of their competitive market presence on a global scale. The report also mentions recent market activities and highlights select global brands in the small arms industry.
The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 3.6% CAGR
The Small Arms market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 3.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
MARKET TRENDS & DRIVERS
-- Modernization Programs of Military to Boost Prospects
-- Soldier Modernization Initiatives to Fuel Demand for Small Arms: Global
Soldier Modernization Market Size (in US$ Billion) for 2018, 2021, 2024
& 2027
-- Healthy Trajectory in Arms Trade Bolsters Market
-- US Dominates Global Arms Race
-- Impact of Diversion on Small Arms Market
-- Growing Use in Violent Activities Amplifies Concerns over Small Arms
Diversion
-- International Laws on Small Weapons
-- Increasing Expenditure on Anti-Terror Initiatives by Governments to
Spark Demand for Ammunition
-- Number of Terrorist Attacks Worldwide for the Period 2011-2019
-- Continued Threat of Terrorism Drives the Focus on Surveillance as
Counterterrorism Response: Global Number of Fatalities Due to Terrorist
Attacks: 2012-2019
-- Surging Defense & Military Spending Worldwide: Cornerstone for Present &
Future Growth
-- The US & Europe Steer Global Military Spending
-- Ever-Present Threat to Public Liberty & the Resulting Increase in
Defense Spending for Peace as well as War to Indirectly Spur Growth in
Demand for Small Arms: Global Military Spending (in US$ Billion) for the
Years 2015 through 2023F
-- Top Countries with Military Spending in USD Billion: 2019 and 2020
-- Military Expenditure as a % of GDP in Select Countries: 2020
-- Law Enforcement End-Use Vertical Offers Lucrative Growth Opportunities
-- Overview of the Rifle Market, the Largest Segment: Focus on Military
Rifles
-- Increased Spending on Defense to Boost Military Rifle Demand
-- Assault Rifle Demand to Spiral Because of Their Versatile Functional
Abilities
-- Fully Automatic Rifles to Dominate the Market for Military Rifles
-- Gun Makers Form Joint Ventures to Expand Globally
-- Sniper Rifles: Primary Usage in Law-Enforcement and Military
Applications
-- Drone Payload Gets Lethal with Integration of Sophisticated Weaponry
-- Global Market for Military Drones (In US$ Billion) for the Years 2018,
2020, 2022 and 2024
-- Concerns over Illegal Trade of Small Arms: Major Challenge
-- Need for Action on Gender and Small Arms Control
FOCUS ON SELECT PLAYERS (Total 93 Featured)
-- BAE Systems PLC
-- General Dynamics Corporation
-- BAE Systems, Inc.
-- GC Precision Developments Pty Limited
-- Browning
-- Heckler & Koch GmbH
-- Colt`s Manufacturing Company, LLC
-- Glock Ges.M.B.H
-- Herstal SA
-- Daniel Defense, Inc.
-- Indumil
-- Enjo Sports Inc.
-- Barrett Firearms Mfg., Inc.
-- Caesar Guerini srl
-- Browning International S.A.
For more information about this report visit https://www.researchandmarkets.com/r/6y69w4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo - https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-small-arms-industry-analysis-report-2023-2030-us-dominates-global-arms-race-increasing-expenditure-on-anti-terror-initiatives-302011764.html
SOURCE Research and Markets
|
|
|
|
|
 |
Weekly Recap: 11 Tech Press Releases You Need to See | Jan 22, 2026
|
|
Sup AI Sets New Benchmark Record with 52.15% on Humanity's Last Exam | Jan 22, 2026
|
|
DEADLINE ANNOUNCED FOR 2026 NEW TOP-LEVEL DOMAIN APPLICATIONS | Jan 22, 2026
|
|
Trigent Partners with WeWork India to Expand its GCC Footprint | Jan 22, 2026
|
|
Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution | Jan 22, 2026
|
|
Exia Labs Brings Keystone to the U.S. Navy via DIU's Blue Object Management Challenge | Jan 22, 2026
|
|
Altair HyperWorks 2026 Delivers Design and Simulation at Scale with AI | Jan 22, 2026
|
|
Glasswall Brings Defense-Level File Sanitization to Every Government Agency and Business Using Microsoft 365 | Jan 22, 2026
|
|
Buyers Edge Platform Appoints Jaime Selga to Lead Expansion Across the Middle East, Africa & Asia | Jan 22, 2026
|
|
Genpact Named a Leader in ISG Provider Lens(TM) 2025 for Insurance GCCs and Agentic AI Services | Jan 22, 2026
|
|
|
