Small Arms Market by End-Use Sector (Defense, Civil & Commercial), Type (Pistol, Revolver, Rifle, Machine Gun, Shotgun), Caliber (5.56MM, 7.62MM, 9MM), Technology, Cutting Type, Firing Systems, Action, & Region - (2020-2025)
[380 Pages Report] The small arms market size is expected to grow at a CAGR of 2.1% from 2020 to 2025. Factors such as the changing nature of warfare, the militarization of police forces, the increasing incidence of drug trafficking and terrorist activities, and the modernization of armed forces are driving factors assisting the growth of the small arms market.
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COVID-19 Impact on the Small Arms Market
The COVID-19 pandemic has caused a large-scale impact on economies across the world as the manufacturing of small arms, components, and assembly lines have been impacted. Although the manufacturing of small arms for military applications is of prime importance, disruptions in the supply chain have set back their manufacturing for the time being. Resuming the manufacturing and demand for small arms depends on the level of COVID-19 exposure a country is facing, the level at which manufacturing operations are running, and import-export regulations, among other factors. Although companies may still be taking in orders, delivery schedules might not be fixed. According to industry experts, defense departments are focusing more on sectors that are of high importance to national security. Countries in North America, Europe, and Asia Pacific have maintained the current growth in defense spending during this time, contrary to countries in other regions. According to an industry expert, the demand for small arms is not expected to be affected to a great extent since small arms are a key component of frontline infantry.
On the other hand, the demand for small arms in civil and commercial applications has been affected to some extent in some countries. This is mainly due to precautionary measures undertaken by many countries to stop the spread of COVID-19 by shutting down public/private places such as hunting grounds and sporting & shooting areas, which has resulted in a drop in the demand for small arms. However, during the COVID-19 crises, increased demand for small arms has been observed for self-defense applications to a greater extent, especially in the US during March and April 2020.
Many of the top manufacturers in this market offer products for military and law enforcement applications; hence, they have seen a continuous supply despite COVID-19. Initially, the supply chain was affected to some extent due to lockdown rules undertaken by many countries to stop the spread of the virus. Uncertainties in the supply of firearms were observed during COVID-19 in the different regions. Several distributors and suppliers did not have the small arms to a sufficient extent to meet the ongoing demand. However, many players have launched new products in the small arms market during this period.
Small Arms Market Dynamics
Driver: Change in nature of warfare
The nature of warfare has evolved from conventional warfare to modern warfare. The sizes of armies across regions have changed over the years, and the weapons used have also been modernized. There is a need for more efficient systems weaponized robots, weaponized vehicles, armored vehicles, and unmanned ground vehicles on the battlefield for improved performance. These platforms use machine guns that can fire 5.56mm rounds at a cyclic fire rate of 750 rounds per minute. These platforms can also be fitted with M240 guns that can fire 7.62mm rounds at a cyclic fire rate of 1,000 rounds per minute. For instance, the 6.8mm ammunition manufactured by True Velocity, a leading arms and ammunition manufacturer based in the US, is being developed to replace conventional 5.56mm NATO rounds in some special operation units. The new caliber is designed to be slightly heavier and has more velocity than 5.56mm NATO rounds, which will enable troops to fire from a greater distance and with more accuracy.
The US military is also looking for an advanced firearm for firing 6.8mm ammunition. The vendors selected by the US for advanced firearm manufacturing are Textron Systems, General Dynamics Corporation, and SIG SAUER, while FN-America and PCP Tactical have been rejected. India, another major spender on defense, is in the process of upgrading 5.56mm firearms with the more lethal 7.62mm firearms and ammunition. These factors are driving the demand for small-caliber ammunition.
Colt’s Manufacturing Company, LLC, has launched a new Colt Trooper Patrol Carbine based on the leading LE6920 model. The Trooper Patrol Carbine is offered in 5.56 x 45 NATO and features a 16.1” barrel and a 13” M-LOK capable Centurion Arms forend with a Picatinny rail at 12 o’clock and M-LOK mounting slots at 3, 6, and 9 o’clock. It features a standard M4 buttstock and an A2 pistol grip and comes with a 30-round Magpul P-MAG Magazine.
Restraints: Varying economic, legal, and political regulations affecting the procurement of small arms
Economic, legal, and political frameworks differ from country to country, resulting in varying regulations regarding arms, ammunition, and other warfare equipment. This is one of the major factors affecting the indigenous and outside players in the small arms market. These players are expected to fully comply with the laws and regulations of their home countries as well as those of foreign governments since compliance failures affect sales, revenues, and profit margins and may even invite administrative and criminal action. Regulations often impact the contracting and procurement processes of several countries.
The following are the key firearms-related conflicting regulations prevalent across regions
- Stringent controls on the manufacture, transfer, and possession of certain small arms, such as .50 caliber, to ensure public safety
- Serialization of small arms to assist law enforcement agencies in solving gun-related crimes
Regulations that differ from country to the country include import-export controls, technology transfers, and anti-corruption laws. Non-compliance with these regulations could have a severe impact on the operations of market players, thereby lowering market revenue globally. Differences in regulations of different countries, driven by economic, legal, or political factors, restrain the growth of the small arms market.
Opportunities: Rising investments in the development of new and advanced firearms
Handguns, rifles, shotguns, and machine guns are witnessing heavy demand in North America, Europe, and the Middle East. In recent years, increased use of firearms has been observed for military, law enforcement, and commercial applications. This rising demand has led to application-specific and advanced small arms. Firearms manufactures are developing and launching different types of firearms to attract more customers and generate new revenue pockets.
Continuous R&D activities are being carried out by major players in this industry to develop small arms with enhanced precision, mobility, and lethality. For Instance, in January 2020, FN America, a US subsidiary of Herstal, expanded caliber options for the SCAR 20S series rifle that features 7.62 NATO ammunition. The rifle is now being chambered for 6.5mm Creedmoor ammunition. Similarly, in May 2019, the company also developed an updated version of its MK 48 light machine gun, chambered for 6.5 mm Creedmoor ammunition. The new gun is at a prototype stage and features an adjustable stock for length of pull and cheek height as well as an improved locking charging handle. Such developments and evolving technologies are presenting new opportunities for industry players to expand and diversify their product portfolios.
Challenges: International measures such as Arms Trade Treaty (ATT) to control use of small arms
The Arms Trade Treaty (ATT) is a multilateral treaty, ratified by 91 countries across the globe, which came into effect on December 24, 2014. It is one of the measures taken by the UN Security Council to regulate the international trade of small arms, ammunition, and other weapons. The treaty prohibits the sales of ammunition across international borders if such a transfer violates the measures adopted by the UN Security Council to control terrorism and gun violence. The Arms Trade Treaty requires all state-parties to adopt basic regulations and approval processes for the flow of weapons across international borders, establishes common international standards that must be met before arms exports are authorized, and requires annual reporting of imports and exports to a treaty secretariat. These regulations impact the contracting and procurement processes related to ammunition in various countries across the globe and further impact the export of ammunition across borders. In April 2019, the US announced that it would withdraw its support for the Arms Trade Treaty regulating the multibillion-dollar global arms trade, which could affect the market significantly.
Increasing spending on the modernization of armed forces is driving the growth of the defense applications
The growth of the defense segment of the small arms market can be attributed to the increased spending of countries on military modernization programs, rise in domestic crimes, and cross border drug trafficking activities across regions. The defense segment of the small arms market has been classified into military and homeland security. The growth of the military segment of the market can be attributed to the increased spending of different countries on military modernization programs. For instance, the US is exploring the feasibility of replacing its current ammunition with the new advanced 6.8mm ammunition since 2018 and is also designing a new firearm for this ammunition type.
Based on caliber, the 5.56mm caliber segment of the small arms market is projected to witness the highest CAGR during the forecast period
The growth of the 5.56mm caliber segment can be attributed to the increasing adoption of small arms chambered for 5.56mm. Changing focus from shoot to kill to shoot to injure by armed forces has resulted in the greater demand for this caliber. This cartridge has various military and civil designations and is the most preferred caliber for rifle ammunition globally. 5.56mm caliber ammunitions are commonly used in AR-style rifles, as well as AR-style handguns, which are widely available.
Rifles segment of the small arms market is projected to witness the highest CAGR owing to increasing focus on upgrading inventory by armed forces
Based on type, small arms market has been segmented into various categories, namely, pistol, revolver, rifle, machine gun, shotgun, and others. Rifles are of various types such as assault rifles, snipers, recoilless rifles, modern sporting rifles, and anti-material/bolt-action rifles are being considered under this category. The modern sporting rifle has also witnessed high adoption in the past few years due to an increase in sporting and hunting activities. Owing to modernization programs undergoing across globe demand for assault rifles and sniper rifles has been significantly increased compared to other small arms thus assisting to the growth of the rifle segment.
The North America market is projected to contribute the largest share from 2020 to 2025 in the small arms market
The small arms market in the North American region has been studied for the US and Canada. North America showcases the highest demand potential for small arms, primarily due to the increased defense spending countries in the region, along with the rise in incidences of gun violence, which are driving both, law enforcement as well as civilian segments to procure small arms for counter-terrorism as well as self-defense applications, respectively. The increasing popularity of sporting and hunting activities among civilians has also led to a significantly higher demand for small arms in the North American region.
North American countries are awarding a number of contracts to major players of the small arms market for the delivery of small arms, thus driving the growth of the small arms market in the region. For instance, in February 2020, FN America was awarded a USD 119 million contract by the US Department of Defense over five years for the supply of more than 167,000 M4 and M4A1 rifles. In March 2020, Hecker & Koch was awarded a USD 33 million contract by the US Army Contracting Command for the supply of Compact Semi-Automatic Sniper Systems and Squad Designated Marksman Rifles. In May 2020, Colt Canada, a subsidiary of Colt’s Manufacturing Company LLC, was awarded a contract by the Canadian Department of National Defense for the supply of 272 of the new C20 rifles.
Industry experts have stated that the COVID-19 pandemic has not affected the demand for small arms in the defense sector for the US and Canada. US Department of Defense (DoD) has asked the manufactures to continue with product activities related to small arms. However, some change has been observed in demand for small arms in civil & commercial applications, especially in sporting and hunting activities. The demand for small arms for self-defense applications has increased to a greater extent. According to the New York Times published in April 2020, “About 2 Million Guns Were Sold in the US as Virus Fears Spread,” which showcases the increased ammunition demand for self-defense applications.
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Key Market Players
The small arms market is dominated by a few globally established players such as Colt’s Manufacturing LLC (US), GLOCK Ges.m.b.H. (Austria), Smith & Wesson (US), Sturm, Ruger & Co., Inc. (US), Israel Weapons Industry (IWI) (US), Heckler & Koch Gmbh (Germany), Kalashnikov Group (Russia), and Česká Zbrojovka a.s. (Czech Republic).
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- Latest News, Updates & Trend analysis
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Report Metric |
Details |
|
Market size available for years |
2016–2025 |
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Base year considered |
2019 |
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Forecast period |
2020-2025 |
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Forecast units |
Value (USD Million) |
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Segments covered |
By End-use Sector, By Caliber, By Type, By Firing System, By Action, By Cutting Type, By Technology |
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Geographies covered |
North America, Europe, Asia Pacific, Middle East, Africa, and LatinAmerica |
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Companies covered |
Colt’s Manufacturing LLC (US), Sig Sauer (US), Steyr Arms (US), Remington Outdoor Company (US), Smith & Wesson (US), Daniel Defense Inc. (US), Sturm, Ruger & Co., Inc. (US), Israel Weapons Industry (IWI) (US), Heckler & Koch Gmbh (Germany), GLOCK Ges.m.b.H. (Austria), Kalashnikov Group (Russia), and Česká Zbrojovka a.s. (Czech Republic) are some of the major suppliers of small arms. (29 Companies) |
The study categorizes the ammunition market based on end-use sector, caliber, type, firing system, cutting type, technology, action, and region
By End-use Sector
- Defense
- Military
- Law Enforcement
- Civil & Commercial
- Sporting
- Hunting
- Self-defense
- Others
By Caliber
- 9mm
- 5.56mm
- 7.62mm
- 12.7mm
- 14.5mm
- Others
By Type
- Pistol
- Revolver
- Rifles
- Shotgun
- Machine Gun
- Others
By Cutting Type
- Smooth bore
- Threaded/Rifled
By Firing System
- Gas-operated
- Recoil-operated
- Manual
By Technology
- Guided
- Unguided
By Action
- Semi-automatic
- Automatic
By Region
- North America
- Asia Pacific
- Europe
- Middle East
- Latin America
- Africa
Recent Developments
- In May 2020, Colt Canada, a subsidiary of Colt’s Manufacturing Company LLC, was awarded a contract by the Canadian Department of National Defense for the supply of 272 of the new C20 semi-automatic rifle, which is described as an Intermediate Sniper Weapon with an 18-inch barrel.
- In May 2020, Colt’s Manufacturing Company LLC was awarded a Joint Foreign Military Sales contract for M16A4 Rifles from the US Army. It is a five-year, IDIQ, firm-fixed-price Foreign Military Sales (FMS) contract valued at USD 383 million.
- In April 2020, FN America, a US subsidiary of the Herstal Group, was awarded a USD 383 million foreign military sales contract for M16A4 carbines through the US army. This development strengthened the ties between the US army and the company.
- In April 2020, Česká zbrojovka a.s. received a contract from the Czech Republic Army for the supply of 39,000 small arms priced at USD 105 million approximately. Under this contract, the army will receive 16 thousand BREN 2 assault rifles, over 21 thousand CZ P-10 pistols, over 1,600 CZ 805 G1 underslung grenade launchers, nearly 100 CZ SCORPION PDWs, and training ammunition. This contract strengthened the company’s long-term ties with the Czech Army.
- In March 2020, Hecker & Koch was awarded a USD 33 million contract by the US Army Contracting Command for the supply of Compact Semi-Automatic Sniper Systems and Squad Designated Marksman Rifles. The Compact Semi-Automatic Sniper System, classified by the Army as the M110A1 rifle, is a variant of the company’s G28 (HK241) platform chambered for 7.62 NATO ammunition, while the Squad Designated Marksman Rifle is a variant of the HK-produced M110A1. The US Army plans to procure around 5,000 to 6,000 SDMRs to replace modified M14 rifles used as designated marksman rifles.
- In March 2020, Israel Weapons Industry was awarded a USD 117 million contract by the Indian Ministry of Defence to supply 16,479 Negev NG7 light machine guns to replace its aging 7.62×54 R-chambered PKMs.
- In February 2020, FN America a US subsidiary of the Herstal Group, was awarded a USD 119 million contract by the US Department of Defense over five years for the supply of more than 167,000 M4 and M4A1 carbines.
Frequently Asked Questions (FAQ):
Which are the major companies in the small arms market? What are their major strategies to strengthen their market presence?
Some of the key players in the small arms market are Colt’s Manufacturing LLC (US), Sig Sauer (US), Steyr Arms (US), Remington Outdoor Company (US), Smith & Wesson (US), Daniel Defense Inc. (US), Sturm, Ruger & Co., Inc. (US), Israel Weapons Industry (IWI) (US), Heckler & Koch Gmbh (Germany), GLOCK Ges.m.b.H. (Austria), Kalashnikov Group (Russia), and Česká Zbrojovka a.s. (Czech Republic). Contracts was the key strategies adopted by these companies to strengthen their market presence.
What are the drivers and opportunities for the small arms market?
Change in nature of warfare, rise in drug trafficking globally, militarization of police forces, geopolitical tensions, territorial conflicts, terrorism, and political unrest in the Middle East and Asia Pacific, rising military expenditure, leading to increased arms transfer, modernization programs by military forces in major economies, and increasing civilian use of small arms are some of the key drivers for the market. Increased sale of small arms for self-defense applications during COVID-19 crisis in North America, rising investments in development of new and advanced firearms, reduction in weight of small arms, and increasing demand for advanced Modern Sporting Rifles (MSR) for civil and commercial applications in North America are some of the key opportunities in the market.
Which region is expected to grow at the highest rate in the next five years?
The market in Asia Pacific is projected to grow at the highest CAGR of from 2020 to 2025, showcasing strong demand, especially from armed forces in the region. India is projected to be one of the most attractive markets from 2020 to 2025, with ongoing/upcoming procurement contracts by the armed forces and joint ventures being signed under the “Make in India” initiative. The establishment of strong manufacturing potential in India would also assist in shifting the supply chain from western countries to Asia Pacific and lead to new revenue in the region.
Which type of small arms is expected to witness significant growth in the coming years?
Rifles are expected to witness significant growth in the coming years. Rifles such as assault rifles, snipers, recoilless rifles, modern sporting rifles, and anti-material/bolt-action rifles are being considered under this category. Owing to modernisation programs undergoing across globe demand for assault rifles and sniper rifles has been significantly increased compared to other small arms thus assisting to the growth of the rifle segment.
Which are the key technology trends prevailing in the small arms market?
Some of the key trends include polymer frames, 3D printed gun, smart guns, lightweight, small arms technology, metal injection molding (MIM) technology. Corner shot assault rifles, bullpup weapons, precision-guided firearms, and advancement barrel materials. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 46)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
TABLE 1 USD EXCHANGE RATES
1.5 INCLUSIONS AND EXCLUSIONS
1.6 MARKET STAKEHOLDERS
1.7 SUMMARY OF CHANGES
FIGURE 1 MARKET TO WITNESS STEADY GROWTH
2 RESEARCH METHODOLOGY (Page No. - 51)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH FLOW
FIGURE 3 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key Secondary Data Sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
FIGURE 4 KEY INSIGHTS FROM PRIMARY SOURCES
2.1.2.2 Breakdown of primary interviews
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.2.1 Increasing demand from civilian applications
2.2.2.2 Increasing demand for small arms in North America despite COVID-19 crisis
2.2.3 SUPPLY-SIDE INDICATORS
2.2.3.1 Introduction of lightweight small arms technologies
TABLE 2 KEY TECHNOLOGY DEVELOPMENTS IN LIGHTWEIGHT SMALL ARMS
2.3 MARKET SIZE ESTIMATION
2.3.1 MARKET DEFINITION & SCOPE
2.3.1.1 End-use Sector
2.3.1.2 By Caliber
2.3.1.3 By Type
2.3.1.4 By Technology
2.3.1.5 By Cutting Type
2.3.1.6 By Firing System
2.3.1.7 By Action
2.4 RESEARCH APPROACH & METHODOLOGY
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 COVID-19 Impact on Market
2.4.1.2 market for military
2.4.1.3 market for law enforcement
2.4.1.4 market for civil & commercial
2.4.1.5 market size, by segment
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.6 GROWTH RATE ASSUMPTIONS
2.7 RESEARCH ASSUMPTIONS
FIGURE 9 ASSUMPTIONS FOR THE RESEARCH STUDY
2.8 RISKS
3 EXECUTIVE SUMMARY (Page No. - 65)
FIGURE 10 CIVIL & COMMERCIAL SMALL ARMS PROJECTED TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 11 9MM CALIBER PROJECTED TO DOMINATE DURING FORECAST PERIOD
FIGURE 12 RIFLE SEGMENT PROJECTED TO ACCOUNT FOR MAJOR SHARE DURING FORECAST PERIOD
FIGURE 13 SMOOTH BORE SEGMENT TO COMMAND LARGEST SHARE DURING FORECAST PERIOD
FIGURE 14 GUIDED SMALL ARMS SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 15 GAS-OPERATED SMALL ARMS TO HOLD DOMINANT SHARE DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 70)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN MARKET
FIGURE 16 INCREASING DEMAND FOR SMALL ARMS IN CIVIL & COMMERCIAL APPLICATIONS DRIVES MARKET GROWTH
4.2 MARKET FOR DEFENSE APPLICATIONS
FIGURE 17 MILITARY SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
4.3 MARKET FOR CIVIL & COMMERCIAL APPLICATIONS
FIGURE 18 SELF-DEFENSE SMALL ARMS TO HOLD MAJOR SHARE DURING FORECAST PERIOD
4.4 MARKET, BY TYPE
FIGURE 19 RIFLE SEGMENT ESTIMATED TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2020
4.5 MARKET, BY END USER
FIGURE 20 CIVIL & COMMERCIAL APPLICATIONS TO LEAD IN MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 73)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SMALL ARMS MARKET
5.2.1 DRIVERS
5.2.1.1 Change in nature of warfare
5.2.1.2 Rise in drug trafficking across the globe
5.2.1.3 Militarization of police forces
5.2.1.4 Geopolitical tensions, territorial conflicts, terrorism, and political unrest in the Middle East and Asia Pacific
TABLE 3 GLOBAL TERRORISM INDEX, BY COUNTRY, 2019
5.2.1.5 Rising military expenditure, leading to increased arms transfer
FIGURE 22 TOP 15 COUNTRIES IN TERMS OF MILITARY EXPENDITURE, 2019
FIGURE 23 SHARE OF TOP 10 MAJOR ARMS EXPORTERS, 2015–2019
FIGURE 24 SHARE OF TOP 10 MAJOR ARMS IMPORTERS, 2015–2019
5.2.1.6 Modernization programs by military forces in major economies
5.2.1.7 Increasing civilian use of small arms
TABLE 4 US: FEDERAL REGULATIONS ON POSSESSION & DISCHARGE OF FIREARMS
5.2.2 RESTRAINTS
5.2.2.1 Varying economic, legal, and political regulations affecting the procurement of small arms
5.2.3 OPPORTUNITIES
5.2.3.1 Increased sale of small arms for self-defense applications in North America during COVID-19 crisis
5.2.3.2 Rising investments in development of new and advanced firearms
5.2.3.3 Reduction in weight of small arms
5.2.3.4 Increasing demand for advanced Modern Sporting Rifles (MSR) for civil and commercial applications in North America
TABLE 5 MODERN SPORTING RIFLES (AR-15) PRODUCTION PLUS IMPORTS LESS EXPORTS UNITS, (1990-2017)
5.2.4 CHALLENGES
5.2.4.1 Proliferation of illicit small arms manufacturers
5.2.4.2 International measures such as Arms Trade Treaty (ATT) to control use of small arms
5.3 IMPACT OF COVID-19 ON SMALL ARMS MARKET
FIGURE 25 IMPACT OF COVID-19 ON MARKET
5.3.1 DEMAND-SIDE IMPACT
5.3.1.1 Key developments from January 2020 to May 2020
TABLE 6 KEY DEVELOPMENTS IN SMALL ARMS MARKET FROM JANUARY 2020 TO MAY 2020
5.3.2 SUPPLY-SIDE IMPACT
5.3.2.1 Key developments from January 2020 to May 2020
TABLE 7 KEY DEVELOPMENTS IN SMALL ARMS MARKET FROM JANUARY 2020 TO JULY 2020
5.4 RANGES AND SCENARIOS
FIGURE 26 IMPACT OF COVID-19 ON SMALL ARMS MARKET: 3 GLOBAL SCENARIOS
5.5 SMALL ARMS ECOSYSTEM
5.5.1 PROMINENT COMPANIES
5.5.2 PRIVATE AND SMALL ENTERPRISES
5.5.3 END USERS
FIGURE 27 MARKET ECOSYSTEM MAP: SMALL ARMS
TABLE 8 MARKET: MARKET ECOSYSTEM
FIGURE 28 COMPANY CATEGORIZATION, BY PRODUCT OFFERING
5.6 VALUE CHAIN ANALYSIS
FIGURE 29 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING THE DISTRIBUTION PHASE
5.7 TRENDS/DISRUPTION IMPACTING CUSTOMER'S BUSINESS
5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMALL ARMS MANUFACTURERS
FIGURE 30 REVENUE SHIFT IN MARKET
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 9 KEY SMALL ARMS MARKET: PORTER’S FIVE FORCE ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 DEGREE OF COMPETITION
5.9 USE CASE ANALYSIS: SMALL ARMS MARKET
5.9.1 300 BLACKOUT COMMERCIAL-GRADE FIREARMS SEEING INCREASED ADOPTION BY MAJOR ARMED FORCES
5.9.2 DEVELOPMENT OF SUPERIOR 6.8MM AMMUNITION BY US ARMED FORCES TO REPLACE EXISTING 5.56MM AMMUNITION
5.10 TRADE ANALYSIS
5.10.1 INTRODUCTION
FIGURE 31 SHARE OF TOTAL SMALL ARMS EXPORTS, BY TOP EXPORTER, 2014-2016
FIGURE 32 FINANCIAL VALUE OF GLOBAL SMALL ARMS, LIGHT WEAPON, AND AMMUNITION EXPORTS, 2014-2016
FIGURE 33 FINANCIAL VALUE OF SMALL ARMS, LIGHT WEAPONS, AND AMMUNITION IMPORTS, BY REGION, 2016
5.10.2 IMPORT-EXPORT TRENDS: SMALL ARMS, LIGHT WEAPONS, AND AMMUNITIONS
5.10.2.1 Imports (small arms, light weapons, and ammunition), 2016
TABLE 10 IMPORT DATA, 2016
5.10.2.2 Exports (small arms, light weapons, and ammunition), 2016
TABLE 11 EXPORT DATA, 2016
5.11 REGULATORY LANDSCAPE
5.12 SELLING PRICE ANALYSIS
5.12.1 SELLING PRICE OF PISTOLS, BY MANUFACTURER
TABLE 12 SELLING PRICES OF PISTOL, BY MANUFACTURER, 2020 (USD)
5.12.2 SELLING PRICE OF RIFLES, BY MANUFACTURER
TABLE 13 SELLING PRICE OF RIFLES, BY MANUFACTURER, 2020 (USD)
5.12.3 SELLING PRICE OF REVOLVERS, BY MANUFACTURER
TABLE 14 SELLING PRICE OF REVOLVERS, BY MANUFACTURER, 2020 (USD)
6 INDUSTRY TRENDS (Page No. - 115)
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.2.1 POLYMER FRAMES
TABLE 15 FIREARMS WITH POLYMER FRAMES
6.2.2 3D PRINTED GUN
6.2.3 SMART GUNS
6.2.4 LIGHTWEIGHT SMALL ARMS TECHNOLOGY
6.2.5 METAL INJECTION MOLDING (MIM) TECHNOLOGY
6.2.6 CORNER SHOT ASSAULT RIFLES
TABLE 16 CORNER SHOT SYSTEM MANUFACTURERS
6.2.7 BULL PUP WEAPONS
6.2.8 PRECISION-GUIDED FIREARMS
6.2.9 ADVANCEMENTS IN BARREL MATERIALS
6.3 ADVANCEMENTS IN SMALL ARMS PRODUCTION PROCESS
6.3.1 DESIGN AND MANUFACTURING
6.3.1.1 Advanced materials
6.3.1.2 Improved design
6.3.1.3 Efficient production
6.3.2 MARKING, RECORD-KEEPING, AND TRACING
6.3.2.1 Laser technology
6.3.2.2 Micro-stamping
6.3.2.3 Improved stockpile management
6.4 TECHNOLOGY ANALYSIS
6.4.1 HIGH DEMAND FOR PREMIUM AND TECHNOLOGICALLY ADVANCED PRODUCTS
6.4.1.1 Rapid adaptive zoom for assault rifles (RAZAR)
6.4.1.2 Miniaturized electro-optics for small arms
6.5 IMPACT OF MEGATRENDS
6.5.1 INTRODUCTION
6.6 INNOVATION & PATENT REGISTRATIONS
TABLE 17 INNOVATION & PATENT REGISTRATIONS
7 SMALL ARMS MARKET, BY END-USE SECTOR (Page No. - 126)
7.1 INTRODUCTION
FIGURE 34 CIVIL & COMMERCIAL SEGMENT PROJECTED TO LEAD SMALL ARMS MARKET FROM 2020 TO 2025
TABLE 18 SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 19 SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
7.2 IMPACT OF COVID-19 ON END USERS IN THE SMALL ARMS MARKET
7.3 DEFENSE
TABLE 20 DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
7.3.1 MILITARY
7.3.1.1 Increased spending on modernization and upgradation of aging small arms inventory boosts procurement of small arms
FIGURE 35 LARGEST REPORTED MILITARY FIREARM HOLDING COUNTRIES, 2017
TABLE 21 MILITARY MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
7.3.2 LAW ENFORCEMENT
7.3.2.1 Militarization of law enforcement agencies to ensure public safety from internal threats boosts segment growth
FIGURE 36 LARGEST REPORTED LAW ENFORCEMENT FIREARM HOLDING COUNTRIES, 2017
TABLE 22 AVERAGE REGIONAL AND GLOBAL POLICE FIREARMS RATIO
TABLE 23 MARKET SIZE FOR LAW ENFORCEMENT, BY TYPE, 2020–2025 (USD MILLION)
7.4 CIVIL & COMMERCIAL
TABLE 24 CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 25 CIVIL & COMMERCIAL MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
7.4.1 SPORTING
7.4.1.1 Increasing adoption of modern sporting rifles for shooting sports fuels segment growth
7.4.2 HUNTING
7.4.2.1 Increasing demand for AR-15 style rifles for hunting applications
7.4.3 SELF-DEFENSE
7.4.3.1 Rising concerns over individual safety during the pandemic leading to increased adoption of personal weapons
7.4.4 OTHERS
8 SMALL ARMS MARKET, BY TYPE (Page No. - 135)
8.1 INTRODUCTION
FIGURE 37 RIFLE SEGMENT PROJECTED TO LEAD MARKET FROM 2020 TO 2025
TABLE 26 MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 27 MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
8.2 PISTOL
8.2.1 DEMAND FOR PISTOLS HIGH AMONG LAW ENFORCEMENT AGENCIES
TABLE 28 MARKET SIZE FOR PISTOL, BY END-USE SECTOR, 2020–2025 (USD MILLION)
8.3 REVOLVER
8.3.1 USE OF REVOLVERS FOR SELF-DEFENSE INCREASING IN NORTH AMERICA AND EUROPE
TABLE 29 MARKET SIZE FOR REVOLVER, BY END-USE SECTOR, 2020–2025 (USD MILLION)
8.4 RIFLE
TABLE 30 MARKET SIZE FOR RIFLE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
8.4.1 ASSAULT RIFLES
8.4.1.1 Growing demand for assault rifles by armed forces across the world
8.4.2 SNIPER RIFLES
8.4.2.1 Changing warfare tactics have led to procurement of advanced sniper weapon systems
8.4.3 OTHERS
8.4.3.1 AR-15 platform-based rifles preferred for sporting and hunting across North America and Europe
8.5 MACHINE GUN
8.5.1 DEMAND FOR LIGHT MACHINE GUNS GROWING IN US AND INDIA
TABLE 31 MARKET SIZE FOR MACHINE GUN, BY END-USE SECTOR, 2020–2025 (USD MILLION)
8.6 SHOTGUN
8.6.1 USE OF SHOTGUNS BY CIVILIANS FOR SPORTING AND HUNTING ACTIVITIES ON THE RISE
TABLE 32 MARKET SIZE FOR SHOTGUN, BY END-USE SECTOR, 2020–2025 (USD MILLION)
8.7 OTHERS
TABLE 33 MUZZLELOADER IMPORTS IN THE US, BY COUNTRY, 2008-2017 (UNITS)
TABLE 34 MARKET SIZE FOR OTHERS, BY END-USE SECTOR, 2020–2025 (USD MILLION)
9 SMALL ARMS MARKET, BY CALIBER (Page No. - 143)
9.1 INTRODUCTION
FIGURE 38 9MM SEGMENT PROJECTED TO DOMINATE MARKET FROM 2020 TO 2025
TABLE 35 MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 36 MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
9.1.1 5.56MM
9.1.1.1 5.56x45mm - widely used caliber in military applications
TABLE 37 5.56MM: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
9.1.2 9MM
9.1.2.1 9x19mm Parabellum - most preferred handgun caliber by law enforcement agencies across the globe
TABLE 38 9MM: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
9.1.3 7.62MM
9.1.3.1 Increase in procurement of 7.62x51mm from defense forces across the globe
TABLE 39 7.62MM: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
9.1.4 12.7MM
9.1.4.1 12.7mm - majorly used by armed forces
TABLE 40 12.7MM: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
9.1.5 14.5MM
9.1.5.1 Increase in demand for 14.5mm small arms for mounted small arms
TABLE 41 14.5MM: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
9.1.6 OTHERS
TABLE 42 OTHER CALIBERS: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
10 SMALL ARMS MARKET, BY CUTTING TYPE (Page No. - 149)
10.1 INTRODUCTION
FIGURE 39 SMOOTH BORE SEGMENT PROJECTED TO LEAD MARKET FROM 2020 TO 2025
TABLE 43 MARKET SIZE, BY CUTTING TYPE, 2016–2019 (USD MILLION)
TABLE 44 MARKET SIZE, BY CUTTING TYPE, 2020–2025 (USD MILLION)
10.2 SMOOTH BORE
10.2.1 GROWING DEMAND FOR HANDGUNS AND SHOTGUNS LEADS TO GROWTH IN SMOOTH BORE SEGMENT
10.3 THREADED/RIFLED
10.3.1 PROCUREMENT OF ADVANCED THREADED SNIPER AND ASSAULT RIFLES BY MILITARY AND LAW ENFORCEMENT FORCES IS INCREASING
11 SMALL ARMS MARKET, BY FIRING SYSTEM (Page No. - 152)
11.1 INTRODUCTION
FIGURE 40 GAS-OPERATED SMALL ARMS PROJECTED TO LEAD FROM 2020 TO 2025
TABLE 45 MARKET SIZE, BY FIRING SYSTEM, 2016–2019 (USD MILLION)
TABLE 46 MARKET SIZE, BY FIRING SYSTEM, 2020–2025 (USD MILLION)
11.2 GAS-OPERATED
11.2.1 PROCUREMENT OF HANDGUNS AND RIFLES FEATURING GAS-OPERATED FIRING SYSTEM ON THE RISE
11.3 RECOIL-OPERATED
11.3.1 USE OF RIFLES FEATURING RECOIL-OPERATED FIRING IS HIGH IN HUNTING AND SHOOTING SPORTS
11.4 MANUAL
11.4.1 MANUALLY OPERATED FIREARMS WIDELY USED IN CIVILIAN SINGLE-SHOT APPLICATIONS
12 SMALL ARMS MARKET, BY TECHNOLOGY (Page No. - 156)
12.1 INTRODUCTION
FIGURE 41 UNGUIDED SMALL ARMS SEGMENT PROJECTED TO DOMINATE MARKET FROM 2020 TO 2025
TABLE 47 MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)
TABLE 48 MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)
12.2 GUIDED
12.2.1 RISING DEMAND OBSERVED FOR RIFLES WITH SCOPES, RED DOTS, AND RANGEFINDERS IN MILITARY APPLICATIONS
12.3 UNGUIDED
12.3.1 INCREASING USE OF UNGUIDED HANDGUNS AND SHOTGUNS IN CIVIL & COMMERCIAL APPLICATIONS
13 SMALL ARMS MARKET, BY ACTION (Page No. - 159)
13.1 INTRODUCTION
TABLE 49 MARKET SIZE, BY ACTION, 2020–2025 (USD MILLION)
13.2 SEMI-AUTOMATIC
13.2.1 USE OF SEMI-AUTOMATIC SMALL ARMS IS HIGH IN HUNTING AND SPORTING ACTIVITIES
13.3 AUTOMATIC
13.3.1 USE OF AUTOMATIC RIFLES BY ARMED FORCES INCREASING ACROSS THE WORLD
14 REGIONAL ANALYSIS (Page No. - 161)
14.1 INTRODUCTION
14.2 MARKET: THREE GLOBAL SCENARIOS
FIGURE 42 GLOBAL SCENARIOS OF MARKET
FIGURE 43 NORTH AMERICA ESTIMATED TO ACCOUNT FOR LARGEST SHARE OF SMALL ARMS MARKET IN 2020
TABLE 50 MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
TABLE 51 MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
14.3 NORTH AMERICA
14.3.1 COVID-19 IMPACT ON NORTH AMERICA
14.3.2 PESTE ANALYSIS: NORTH AMERICA
FIGURE 44 NORTH AMERICA MARKET SNAPSHOT: US TO COMMAND DOMINANT SHARE
TABLE 52 NORTH AMERICA: SMALL ARMS VOLUME, 2020–2025 (THOUSAND UNITS)
TABLE 53 NORTH AMERICA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 54 NORTH AMERICA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 55 NORTH AMERICA: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 56 NORTH AMERICA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 57 NORTH AMERICA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 58 NORTH AMERICA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 59 NORTH AMERICA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 60 NORTH AMERICA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
TABLE 61 NORTH AMERICA: MARKET SIZE, BY CUTTING TYPE, 2016–2019 (USD MILLION)
TABLE 62 NORTH AMERICA: MARKET SIZE, BY CUTTING TYPE, 2020–2025 (USD MILLION)
TABLE 63 NORTH AMERICA: MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)
TABLE 64 NORTH AMERICA: MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)
TABLE 65 NORTH AMERICA: MARKET SIZE, BY FIRING SYSTEM, 2016–2019 (USD MILLION)
TABLE 66 NORTH AMERICA: MARKET SIZE, BY FIRING SYSTEM, 2020–2025 (USD MILLION)
TABLE 67 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 68 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
14.3.3 US
14.3.3.1 COVID-19 has led to increased demand for civilian small arms in the US over personal security concerns
FIGURE 45 NICS FIREARM BACKGROUND CHECKS WITNESSED SIGNIFICANT INCREASE IN 2020 COMPARED TO PREVIOUS YEARS
TABLE 69 SMALL ARMS MANUFACTURED IN US, 1986–2017 (UNITS)
TABLE 70 SMALL ARMS EXPORTED FROM US, 1986–2017 (UNITS)
TABLE 71 SMALL ARMS IMPORTED INTO US, 1986–2018 (UNITS)
TABLE 72 SMALL ARMS IMPORTED INTO US, BY COUNTRY, 2018 (UNITS)
FIGURE 46 US: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 73 KEY FIREARMS USED BY US ARMED FORCES
TABLE 74 KEY FIREARMS USED BY US LAW ENFORCEMENT
TABLE 75 US: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 76 US: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 77 US: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 78 US: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 79 US: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 80 US: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 81 US: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 82 US: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.3.4 CANADA
14.3.4.1 Demand in Canada affected by government ban on 1,500 varieties of assault weapons
FIGURE 47 CANADA FIREARM IMPORTS, 2010–2019 (USD MILLION)
FIGURE 48 CANADA: FIREARM IMPORTS, BY FIREARM TYPE, 2010–2019 (USD MILLION)
FIGURE 49 CANADA: FIREARM IMPORTS, BY FIREARM TYPE, 2010–2019 (UNITS)
FIGURE 50 CANADA: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 83 KEY FIREARMS USED BY CANADIAN ARMED FORCES
TABLE 84 KEY FIREARMS USED BY CANADIAN LAW ENFORCEMENT
TABLE 85 CANADA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 86 CANADA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 87 CANADA: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 88 CANADA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 89 CANADA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 90 CANADA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 91 CANADA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 92 CANADA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.4 EUROPE
14.4.1 COVID-19 IMPACT ON EUROPE
14.4.2 PESTLE ANALYSIS: EUROPE
FIGURE 51 EUROPE MARKET SNAPSHOT: GERMANY TO HAVE HIGHEST GROWTH RATE DURING FORECAST PERIOD
TABLE 93 EUROPE: SMALL ARMS VOLUME, 2020–2025 (THOUSAND UNITS)
TABLE 94 EUROPE: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 95 EUROPE: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 96 EUROPE: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 97 EUROPE: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 98 EUROPE: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 99 EUROPE: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 100 EUROPE: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 101 EUROPE: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
TABLE 102 EUROPE: MARKET SIZE, BY CUTTING TYPE, 2016–2019 (USD MILLION)
TABLE 103 EUROPE: MARKET SIZE, BY CUTTING TYPE, 2020–2025 (USD MILLION)
TABLE 104 EUROPE: MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)
TABLE 105 EUROPE: MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)
TABLE 106 EUROPE: MARKET SIZE, BY FIRING SYSTEM, 2016–2025 (USD MILLION)
TABLE 107 EUROPE: MARKET SIZE, BY FIRING SYSTEM, 2020–2025 (USD MILLION)
TABLE 108 EUROPE: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
14.4.3 UK
14.4.3.1 Upgradation of standard combat rifles drives small arms market in the UK
FIGURE 52 UK: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 109 KEY FIREARMS USED BY UK ARMED FORCES
TABLE 110 KEY FIREARMS USED BY UK LAW ENFORCEMENT AGENCIES
TABLE 111 UK: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 112 UK: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 113 UK: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 114 UK: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 115 UK: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 116 UK: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 117 UK: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 118 UK: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.4.4 FRANCE
14.4.4.1 Procurement of pistols and rifles by armed forces to increase in France
FIGURE 53 FRANCE: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 119 KEY FIREARMS USED BY FRENCH ARMED FORCES
TABLE 120 KEY FIREARMS USED BY FRENCH LAW ENFORCEMENT AGENCIES
TABLE 121 FRANCE: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 122 FRANCE: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 123 FRANCE: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 124 FRANCE: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 125 FRANCE: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 126 FRANCE: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 127 FRANCE: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 128 FRANCE: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.4.5 RUSSIA
14.4.5.1 Russian small arms industry home to well-established players with strong export potential
FIGURE 54 RUSSIA: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 129 KEY FIREARMS USED BY RUSSIAN ARMED FORCES
TABLE 130 RUSSIA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 131 RUSSIA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 132 RUSSIA: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 133 RUSSIA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 134 RUSSIA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 135 RUSSIA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 136 RUSSIA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 137 RUSSIA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.4.6 GERMANY
14.4.6.1 German armed forces to be equipped with advanced assault rifles that fire 5.56mm and 7.62mm NATO-grade ammunition
FIGURE 55 GERMANY: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 138 KEY FIREARMS USED BY GERMAN ARMED FORCES
TABLE 139 GERMANY: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 140 GERMANY: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 141 GERMANY: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 142 GERMANY: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 143 GERMANY: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 144 GERMANY: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 145 GERMANY: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 146 GERMANY: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.4.7 SPAIN
14.4.7.1 Demand for small arms from Spanish armed forces and law enforcement agencies on the rise
FIGURE 56 SPAIN: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 147 KEY FIREARMS USED BY SPANISH ARMED FORCES
TABLE 148 KEY FIREARMS USED BY SPANISH LAW ENFORCEMENT
TABLE 149 SPAIN: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 150 SPAIN: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 151 SPAIN: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 152 SPAIN: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 153 SPAIN: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.4.8 ITALY
14.4.8.1 Increasing demand for small arms by armed forces for training activities
FIGURE 57 ITALY: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 154 KEY FIREARMS USED BY ITALIAN ARMED FORCES
TABLE 155 KEY FIREARMS USED BY ITALIAN LAW ENFORCEMENT
TABLE 156 ITALY: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 157 ITALY: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 158 ITALY: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 159 ITALY: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 160 ITALY: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.4.9 REST OF EUROPE
14.4.9.1 Demand for small arms for civil and commercial applications in Sweden and Norway
TABLE 161 REST OF EUROPE: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 162 REST OF EUROPE: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 163 REST OF EUROPE: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 164 REST OF EUROPE: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 165 REST OF EUROPE: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.5 ASIA PACIFIC
14.5.1 COVID-19 IMPACT ON ASIA PACIFIC
14.5.2 PESTLE ANALYSIS: ASIA PACIFIC
FIGURE 58 ASIA PACIFIC MARKET SNAPSHOT: CHINA TO BE LARGEST MARKET
TABLE 166 ASIA PACIFIC: SMALL ARMS VOLUME, 2020–2025 (THOUSAND UNITS)
TABLE 167 ASIA PACIFIC: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 168 ASIA PACIFIC: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 169 ASIA PACIFIC: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 170 ASIA PACIFIC: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 171 ASIA PACIFIC: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 172 ASIA PACIFIC: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 173 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 174 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
TABLE 175 ASIA PACIFIC: MARKET SIZE, BY CUTTING TYPE, 2016–2019 (USD MILLION)
TABLE 176 ASIA PACIFIC: MARKET SIZE, BY CUTTING TYPE, 2020–2025 (USD MILLION)
TABLE 177 ASIA PACIFIC: MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)
TABLE 178 ASIA PACIFIC: MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)
TABLE 179 ASIA PACIFIC: MARKET SIZE, BY FIRING SYSTEM, 2016–2019 (USD MILLION)
TABLE 180 ASIA PACIFIC: MARKET SIZE, BY FIRING SYSTEM, 2020–2025 (USD MILLION)
TABLE 181 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
14.5.3 CHINA
14.5.3.1 Procurement of small arms in China rising due to geopolitical tensions with neighboring countries
FIGURE 59 CHINA: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 182 KEY FIREARMS USED BY CHINESE ARMED FORCES
TABLE 183 CHINA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 184 CHINA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 185 CHINA: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 186 CHINA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 187 CHINA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 188 CHINA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 189 CHINA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 190 CHINA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.5.4 INDIA
14.5.4.1 Increasing investment in assault rifles, snipers, and light machine guns under Make in India initiative
FIGURE 60 INDIA: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 191 KEY FIREARMS USED BY INDIAN ARMED FORCES
TABLE 192 KEY FIREARMS USED BY INDIAN LAW ENFORCEMENT
TABLE 193 INDIA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 194 INDIA: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 195 INDIA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 196 INDIA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 197 INDIA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 198 INDIA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 199 INDIA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.5.5 SOUTH KOREA
14.5.5.1 Import of hunting, sporting, and outdoor small arms increasing in South Korea
FIGURE 61 SOUTH KOREA: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 200 KEY FIREARMS USED BY SOUTH KOREAN ARMED FORCES
TABLE 201 SOUTH KOREA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 202 SOUTH KOREA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 203 SOUTH KOREA: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 204 SOUTH KOREA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 205 SOUTH KOREA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 206 SOUTH KOREA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 207 SOUTH KOREA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 208 SOUTH KOREA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.5.6 JAPAN
14.5.6.1 Development of high-end indigenous military technology drives market growth in Japan
FIGURE 62 JAPAN: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 209 KEY FIREARMS USED BY JAPANESE ARMED FORCES
TABLE 210 KEY FIREARMS USED BY JAPANESE LAW ENFORCEMENT
TABLE 211 JAPAN: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 212 JAPAN: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 213 JAPAN: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 214 JAPAN: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 215 JAPAN: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 216 JAPAN: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 217 JAPAN: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 218 JAPAN: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.5.7 AUSTRALIA
14.5.7.1 Rising demand for advanced small arms by defense forces in Australia
FIGURE 63 AUSTRALIA: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 219 KEY FIREARMS USED BY AUSTRALIAN ARMED FORCES
TABLE 220 AUSTRALIA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 221 AUSTRALIA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 222 AUSTRALIA: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 223 AUSTRALIA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 224 AUSTRALIA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 225 AUSTRALIA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 226 AUSTRALIA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 227 AUSTRALIA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.5.8 REST OF ASIA PACIFIC
14.5.8.1 Lack of local players presents lucrative opportunities for small arms manufactures
TABLE 228 REST OF ASIA PACIFIC: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 229 REST OF ASIA PACIFIC: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 230 REST OF ASIA PACIFIC: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 231 REST OF ASIA PACIFIC: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 232 REST OF ASIA PACIFIC: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.6 MIDDLE EAST
14.6.1 COVID-19 IMPACT ON THE MIDDLE EAST
14.6.2 PESTLE ANALYSIS: MIDDLE EAST
FIGURE 64 MIDDLE EAST MARKET SNAPSHOT: TURKEY TO COMMAND LARGEST SHARE
TABLE 233 MIDDLE EAST: SMALL ARMS VOLUME, 2020–2025 (THOUSAND UNITS)
TABLE 234 MIDDLE EAST: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 235 MIDDLE EAST: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 236 MIDDLE EAST: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 237 MIDDLE EAST: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 238 MIDDLE EAST: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 239 MIDDLE EAST: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 240 MIDDLE EAST: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 241 MIDDLE EAST: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
TABLE 242 MIDDLE EAST: MARKET SIZE, BY CUTTING TYPE, 2016–2019 (USD MILLION)
TABLE 243 MIDDLE EAST: MARKET SIZE, BY CUTTING TYPE, 2020–2025 (USD MILLION)
TABLE 244 MIDDLE EAST: MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)
TABLE 245 MIDDLE EAST: MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)
TABLE 246 MIDDLE EAST: MARKET SIZE, BY FIRING SYSTEM, 2016–2019 (USD MILLION)
TABLE 247 MIDDLE EAST: MARKET SIZE, BY FIRING SYSTEM, 2020–2025 (USD MILLION)
TABLE 248 MIDDLE EAST: MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 249 MIDDLE EAST: MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
14.6.3 SAUDI ARABIA
14.6.3.1 Increased procurement of small arms in Saudi Arabia drives market growth
FIGURE 65 SAUDI ARABIA: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 250 KEY FIREARMS USED BY SAUDI ARABIAN ARMED FORCES
TABLE 251 SAUDI ARABIA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 252 SAUDI ARABIA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 253 SAUDI ARABIA: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 254 SAUDI ARABIA: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 255 SAUDI ARABIA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 256 SAUDI ARABIA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 257 SAUDI ARABIA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 258 SAUDI ARABIA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.6.4 TURKEY
14.6.4.1 Focus on strengthening armed forces to lead to growth of small arms market in Turkey
FIGURE 66 TURKEY: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 259 KEY FIREARMS USED BY TURKISH ARMED FORCES
TABLE 260 KEY FIREARMS USED BY TURKISH LAW ENFORCEMENT
TABLE 261 TURKEY: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 262 TURKEY: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 263 TURKEY: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 264 TURKEY: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 265 TURKEY: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 266 TURKEY: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 267 TURKEY: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 268 TURKEY: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.6.5 ISRAEL
14.6.5.1 Military modernization programs to increase demand for small arms in Israel
FIGURE 67 ISRAEL: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 269 KEY FIREARMS USED BY ISRAELI ARMED FORCES
TABLE 270 KEY FIREARMS USED BY ISRAELI LAW ENFORCEMENT
TABLE 271 ISRAEL: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 272 ISRAEL: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 273 ISRAEL: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 274 ISRAEL: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 275 ISRAEL: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 276 ISRAEL: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 277 ISRAEL: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 278 ISRAEL: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.6.6 UAE
14.6.6.1 Growth in tourism indicates demand for small arms for sporting applications
FIGURE 68 UAE: MILITARY SPENDING, 2010-2014 (USD MILLION)
TABLE 279 KEY FIREARMS USED BY UAE ARMED FORCES
TABLE 280 KEY FIREARMS USED BY UAE LAW ENFORCEMENT
TABLE 281 UAE: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 282 UAE: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 283 UAE: DEFENSE MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 284 UAE: CIVIL & COMMERCIAL MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 285 UAE: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 286 UAE: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 287 UAE: SMALL ARMS MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 288 UAE: SMALL ARMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.7 LATIN AMERICA
14.7.1 COVID-19 IMPACT ON LATIN AMERICA
14.7.2 PESTE ANALYSIS: LATIN AMERICA
FIGURE 69 LATIN AMERICA SMALL ARMS MARKET SNAPSHOT: MEXICO TO DOMINATE REGIONAL MARKET
TABLE 289 LATIN AMERICA: SMALL ARMS VOLUME, 2020–2025 (THOUSAND UNITS)
TABLE 290 LATIN AMERICA: MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 291 LATIN AMERICA: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 292 LATIN AMERICA: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 293 LATIN AMERICA: CIVIL & COMMERCIAL SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 294 LATIN AMERICA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 295 LATIN AMERICA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 296 LATIN AMERICA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 297 LATIN AMERICA: MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
TABLE 298 LATIN AMERICA: MARKET SIZE, BY CUTTING TYPE, 2016–2019 (USD MILLION)
TABLE 299 LATIN AMERICA: MARKET SIZE, BY CUTTING TYPE, 2020–2025 (USD MILLION)
TABLE 300 LATIN AMERICA: MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)
TABLE 301 LATIN AMERICA: MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)
TABLE 302 LATIN AMERICA: MARKET SIZE, BY FIRING SYSTEM, 2016–2019 (USD MILLION)
TABLE 303 LATIN AMERICA: SMALL ARMS MARKET SIZE, BY FIRING SYSTEM, 2020–2025 (USD MILLION)
TABLE 304 LATIN AMERICA: SMALL ARMS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
14.7.3 BRAZIL
14.7.3.1 Increasing gun violence drives use of small arms by civilians for self-defense in Brazil
FIGURE 70 BRAZIL: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 305 KEY FIREARMS USED BY BRAZILIAN ARMED FORCES
TABLE 306 BRAZIL: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 307 BRAZIL: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 308 BRAZIL: CIVIL & COMMERCIAL SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 309 BRAZIL: SMALL ARMS MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 310 BRAZIL: SMALL ARMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.7.4 ARGENTINA
14.7.4.1 Armed forces plan to procure rifles and pistols in Argentina
FIGURE 71 ARGENTINA: MILITARY SPENDING, 2010–2019 (USD MILLION)
TABLE 311 KEY FIREARMS USED BY ARGENTINE ARMED FORCES
TABLE 312 KEY FIREARMS USED BY ARGENTINE LAW ENFORCEMENT
TABLE 313 ARGENTINA: MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 314 ARGENTINA: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 315 ARGENTINA: CIVIL & COMMERCIAL SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 316 ARGENTINA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 317 ARGENTINA: SMALL ARMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.7.5 MEXICO
14.7.5.1 Increasing drug trafficking resulting in demand for small arms by law enforcement and civilians in Mexico
FIGURE 72 MEXICO: MILITARY SPENDING, 2010–2019 (USD BILLION)
TABLE 318 KEY FIREARMS USED BY MEXICAN ARMED FORCES
TABLE 319 KEY FIREARMS USED BY MEXICAN LAW ENFORCEMENT
TABLE 320 MEXICO: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 321 MEXICO: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 322 MEXICO: CIVIL & COMMERCIAL SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 323 MEXICO: SMALL ARMS MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 324 MEXICO: SMALL ARMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.8 AFRICA
14.8.1 COVID-19 IMPACT ON AFRICA
14.8.2 PESTLE ANALYSIS: AFRICA
FIGURE 73 AFRICA SMALL ARMS MARKET SNAPSHOT: SOUTH AFRICA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 325 AFRICA: SMALL ARMS VOLUME, 2020–2025 (THOUSAND UNITS)
TABLE 326 AFRICA: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2016–2019 (USD MILLION)
TABLE 327 AFRICA: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 328 AFRICA: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 329 AFRICA: CIVIL & COMMERCIAL SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 330 AFRICA: MARKET SIZE, BY CALIBER, 2016–2019 (USD MILLION)
TABLE 331 AFRICA: MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 332 AFRICA: MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION)
TABLE 333 AFRICA: SMALL ARMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
TABLE 334 AFRICA: SMALL ARMS MARKET SIZE, BY CUTTING TYPE, 2016–2019 (USD MILLION)
TABLE 335 AFRICA: MARKET SIZE, BY CUTTING TYPE, 2020–2025 (USD MILLION)
TABLE 336 AFRICA: MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)
TABLE 337 AFRICA: SMALL ARMS MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)
TABLE 338 AFRICA: SMALL ARMS MARKET SIZE, BY FIRING SYSTEM, 2016–2019 (USD MILLION)
TABLE 339 AFRICA: SMALL ARMS MARKET SIZE, BY FIRING SYSTEM, 2020–2025 (USD MILLION)
TABLE 340 AFRICA: SMALL ARMS MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)
14.8.3 SOUTH AFRICA
14.8.3.1 Replacement of aging military equipment drives market growth in South Africa
FIGURE 74 SOUTH AFRICA: MILITARY SPENDING, 2010–2019 (USD MILLION)
TABLE 341 KEY FIREARMS USED BY SOUTH AFRICAN ARMED FORCES
TABLE 342 KEY FIREARMS USED BY SOUTH AFRICAN LAW ENFORCEMENT
TABLE 343 SOUTH AFRICA: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 344 SOUTH AFRICA: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 345 SOUTH AFRICA: CIVIL & COMMERCIAL SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 346 SOUTH AFRICA: SMALL ARMS MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 347 SOUTH AFRICA: SMALL ARMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
14.8.4 EGYPT
14.8.4.1 Increased focus on multilateral training exercises to strengthen armed forces fuels market growth in Egypt
FIGURE 75 EGYPT: MILITARY SPENDING, 2010–2019 (USD MILLION)
TABLE 348 KEY FIREARMS USED BY EGYPTIAN ARMED FORCES
TABLE 349 KEY FIREARMS USED BY EGYPTIAN LAW ENFORCEMENT
TABLE 350 EGYPT: SMALL ARMS MARKET SIZE, BY END-USE SECTOR, 2020–2025 (USD MILLION)
TABLE 351 EGYPT: DEFENSE SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 352 EGYPT: CIVIL & COMMERCIAL SMALL ARMS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 353 EGYPT: SMALL ARMS MARKET SIZE, BY CALIBER, 2020–2025 (USD MILLION)
TABLE 354 EGYPT: SMALL ARMS MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
15 COMPANY LANDSCAPE (Page No. - 290)
15.1 INTRODUCTION
FIGURE 76 KEY MARKET PLAYERS ADOPTED CONTRACTS AS KEY GROWTH STRATEGY FROM 2018 TO JULY 2020
15.2 COMPANY EVALUATION MATRIX
15.2.1 STAR
15.2.2 EMERGING LEADERS
15.2.3 PERVASIVE
15.2.4 PARTICIPANT
FIGURE 77 COMPANY EVALUATION MATRIX, 2019
15.3 PRODUCT FOOTPRINT ANALYSIS
FIGURE 78 PRODUCT FOOTPRINT ANALYSIS FOR KEY PLAYERS IN SMALL ARMS MARKET, 2019
15.4 COMPANY RANK ANALYSIS, 2019
FIGURE 79 COMPANY RANKING ANALYSIS 2019
15.5 REVENUE ANALYSIS OF KEY MARKET PLAYERS
FIGURE 80 REVENUE ANALYSIS OF TOP 3 PLAYERS IN SMALL ARMS MARKET
15.6 MARKET SHARE ANALYSIS - 2019
FIGURE 81 MARKET SHARE ANALYSIS - 2019
15.7 COMPETITIVE SITUATIONS AND TRENDS
15.7.1 MARKET EVALUATION FRAMEWORK
FIGURE 82 MARKET EVALUATION FRAMEWORK: CONTRACTS OBSERVED TO BE LEADING STRATEGIES AMONG TOP PLAYERS IN 2020
15.7.2 CONTRACTS
TABLE 355 CONTRACTS (2018–MAY 2020)
15.7.3 PRODUCT LAUNCHES AND NEW PRODUCT DEVELOPMENTS
TABLE 356 NEW PRODUCT LAUNCHES AND NEW PRODUCT DEVELOPMENTS (2018–JULY 2020)
15.7.4 PARTNERSHIPS, EXPANSIONS, AND ACQUISITIONS
TABLE 357 PARTNERSHIPS, EXPANSIONS, AND ACQUISITIONS (2018–AUGUST 2020)
16 COMPANY PROFILES (Page No. - 306)
16.1 INTRODUCTION
16.2 KEY PLAYERS
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
16.2.1 SMITH & WESSON
FIGURE 83 SMITH & WESSON HOLDING CORPORATION: COMPANY SNAPSHOT
16.2.2 STURM, RUGER & CO., INC.
FIGURE 84 STURM, RUGER & CO., INC: COMPANY SNAPSHOT
16.2.3 FABBRICA D'ARMI PIETRO BERETTA S.P.A.
FIGURE 85 BERETTA HOLDING GROUP: COMPANY SNAPSHOT
16.2.4 COLT’S MANUFACTURING COMPANY LLC
16.2.5 HERSTAL GROUP
16.2.6 SIG SAUER
16.2.7 HECKLER & KOCH GMBH
16.2.8 ISRAEL WEAPONS INDUSTRY (IWI)
16.2.9 FREEDOM GROUP
16.2.10 GLOCK GES.M.B.H.
16.2.11 ČESKÁ ZBROJOVKA A.S.
16.2.12 KALASHNIKOV GROUP
16.2.13 BARRETT
16.2.14 NORINCO
16.3 OTHER PLAYERS
16.3.1 STEYR ARMS
16.3.2 ACCURACY INTERNATIONAL
16.3.3 CARL WALTHER GMBH
16.3.4 DANIEL DEFENSE INC
16.3.5 O. F. MOSSBERG & SONS, INC.
16.3.6 SAVAGE
16.3.7 SPRINGFIELD ARMORY
16.3.8 TAURUS ARMAS S.A.
16.3.9 TEXTRON INC.
FIGURE 86 TEXTRON INC.: COMPANY SNAPSHOT
16.3.10 ZASTAVA ARMS
16.3.11 ARSENAL JSCO
16.3.12 BRUGGER & THOMET (B&T) AG
16.3.13 BENELLI ARMI SPA
16.3.14 KNIGHTS ARMAMENT CO
16.3.15 LEWIS MACHINE & TOOL CO.
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
17 ADJACENT MARKETS (Page No. - 369)
17.1 RIFLESCOPES MARKET
17.1.1 INTRODUCTION
17.1.2 RIFLESCOPES MARKET, BY APPLICATION
TABLE 358 RIFLESCOPES MARKET SIZE, BY APPLICATION, 2017–2019 (USD MILLION)
TABLE 359 RIFLESCOPES MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
17.1.3 RIFLESCOPES MARKET, BY WEAPON COMPATIBILITY
TABLE 360 RIFLESCOPES MARKET SIZE, BY WEAPON COMPATIBILITY, 2017–2019 (USD MILLION)
TABLE 361 RIFLESCOPES MARKET SIZE, BY WEAPON COMPATIBILITY, 2020–2025 (USD MILLION)
17.1.4 RIFLESCOPES MARKET, BY END USE
TABLE 362 RIFLESCOPES MARKET SIZE, BY END USE, 2017–2019 (USD MILLION)
TABLE 363 RIFLESCOPES MARKET SIZE, BY END USE, 2020–2025 (USD MILLION)
17.2 AUTOMATIC WEAPONS MARKET
17.2.1 INTRODUCTION
17.2.2 AUTOMATIC WEAPONS MARKET, BY PRODUCT
TABLE 364 AUTOMATIC WEAPONS MARKET SIZE, BY PRODUCT, 2016–2023 (USD MILLION)
TABLE 365 AUTOMATIC RIFLES MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
17.2.3 AUTOMATIC WEAPONS MARKET, BY CALIBER
TABLE 366 AUTOMATIC WEAPONS MARKET SIZE, BY CALIBER, 2016-2023 (USD MILLION)
TABLE 367 AUTOMATIC WEAPONS MARKET FOR SMALL CALIBER, BY TYPE, 2016-2023 (USD MILLION)
TABLE 368 AUTOMATIC WEAPONS MARKET FOR SMALL CALIBER, BY REGION, 2018-2023 (USD MILLION)
18 APPENDIX (Page No. - 374)
18.1 DISCUSSION GUIDE
18.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
18.3 AVAILABLE CUSTOMIZATIONS
18.4 RELATED REPORTS
18.5 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the Small Arms Market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as Small Arms Survey, SIPRI report, UN Comtrade, World Bank, Factiva, Bloomberg, BusinessWeek, SEC filings, NSSF Reports, US ATF reports, annual reports, press releases & investor presentations of companies, certified publications, and articles by recognized authors were referred to for identifying and collecting information on the Small Arms Market.
Primary Research
The Small arms market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and component suppliers in its supply chain. The demand side of this market is characterized by various end-users such as commercial, law enforcement agencies, and armed forces of different countries. The supply side is characterized by suppliers, manufacturers, solution providers, technology developers, alliances, and organizations. The following is the breakdown of the primary respondents that were interviewed to obtain qualitative and quantitative information about the Small Arms Market.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the small arms market. These methods were also used extensively to estimate the size of various segments and subsegment of the market. The research methodology used to estimate the market size included the following:
- Key players in the industry and market were identified through extensive secondary research of their product matrix and geographical presence and developments undertaken by them.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Small Arms Market Size: Bottom-Up Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall size of the Small Arms Market using the market size estimation processes explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from demand as well as supply sides of the small arms market.
Report Objectives
- To analyze the small arms market and provide market projections from 2020 to 2025
- To define, describe, and forecast the size of the small arms market based on end-use sector, type, technology, caliber, cutting type, firing system, action, along with country-level analysis
- To understand the market structure by identifying the various subsegments of the small arms market
- To provide in-depth market intelligence regarding the dynamics and major factors that influence the growth of the small arms market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze opportunities in the market for stakeholders by identifying key market trends
- To forecast the market size of segments with respect to major countries
- To analyze competitive developments such as long-term contracts, joint ventures, mergers & acquisitions, new product launches & developments, and research & development in the small arms market
- To provide a detailed competitive landscape of the small arms market, along with an analysis of the business and corporate strategies adopted by key market players
- To strategically profile key market players and comprehensively analyze their core competencies
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
Geographic analysis
- Rest of Asia Pacific and Rest of Europe breakdown at country level
Company information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Small Arms Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Small Arms Market
I am working on an in-depth study on the competitiveness of the global small arms industry to the discipline of Strategic Analysis.