The global market for Small Arms was estimated at US$10.0 Billion in 2024 and is projected to reach US$12.3 Billion by 2030, growing at a CAGR of 3.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Small Arms market.
In the military and law enforcement sectors, the demand for small arms has been consistently robust, driven by the need for modernization of equipment and the regular procurement cycles associated with defense and security operations. Innovations in small arms technologies have included enhancements in firearm ergonomics, recoil reduction, and the integration of electronic and digital systems such as smart scopes and tracking systems. These improvements aim to increase the tactical efficiency of the firearms under a range of operational conditions. Additionally, the civilian market for small arms has seen substantial growth, influenced by rising interest in personal safety and sport shooting. This sector`s expansion is also fueled by the legal frameworks that regulate the ownership and use of firearms, varying significantly from one country to another, thus influencing market dynamics.
The growth in the small arms market is driven by several factors, including geopolitical tensions, national defense modernization programs, and the increasing popularity of shooting sports. Heightened security concerns and global conflicts necessitate continuous updates and replacements of outdated firearms in both military and law enforcement arsenals, fostering a steady demand for new and advanced weaponry. Moreover, technological advancements such as lightweight composite materials for gun bodies and enhanced precision mechanisms contribute significantly to product development and consumer interest. Furthermore, consumer behavior towards enhanced personal security has led to increased firearm purchases among civilians, underpinning market growth.
Global Small Arms Market - Key Trends and Drivers Summarized
Small arms refer to lightweight, portable firearms that can be operated by individual personnel. These typically include handguns such as pistols and revolvers, shoulder arms like rifles and carbines, and other personal weapons such as shotguns and submachine guns. Small arms are distinct from heavier military artillery and crew-served weapons systems due to their direct use by a single operator. They play crucial roles in a variety of settings, from military and law enforcement scenarios to sporting and personal defense contexts. The effectiveness of small arms is determined not only by their design and manufacturing quality but also by their ease of use, reliability under different conditions, accuracy, and lethality. These weapons are subject to strict regulatory controls in many countries, reflecting their potential impact on public safety.In the military and law enforcement sectors, the demand for small arms has been consistently robust, driven by the need for modernization of equipment and the regular procurement cycles associated with defense and security operations. Innovations in small arms technologies have included enhancements in firearm ergonomics, recoil reduction, and the integration of electronic and digital systems such as smart scopes and tracking systems. These improvements aim to increase the tactical efficiency of the firearms under a range of operational conditions. Additionally, the civilian market for small arms has seen substantial growth, influenced by rising interest in personal safety and sport shooting. This sector`s expansion is also fueled by the legal frameworks that regulate the ownership and use of firearms, varying significantly from one country to another, thus influencing market dynamics.
The growth in the small arms market is driven by several factors, including geopolitical tensions, national defense modernization programs, and the increasing popularity of shooting sports. Heightened security concerns and global conflicts necessitate continuous updates and replacements of outdated firearms in both military and law enforcement arsenals, fostering a steady demand for new and advanced weaponry. Moreover, technological advancements such as lightweight composite materials for gun bodies and enhanced precision mechanisms contribute significantly to product development and consumer interest. Furthermore, consumer behavior towards enhanced personal security has led to increased firearm purchases among civilians, underpinning market growth.
SCOPE OF STUDY:
The report analyzes the Small Arms market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Type (Rifles, Pistols, Shotguns, Revolvers, Other Types); End-Use (Military End-Use, Law Enforcement End-Use, Other End-Uses)
- Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Rifles segment, which is expected to reach US$6.9 Billion by 2030 with a CAGR of a 3.7%. The Pistols segment is also set to grow at 3.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $4.8 Billion in 2024, and China, forecasted to grow at an impressive 5.0% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Small Arms Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Small Arms Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Small Arms Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as BAE Systems PLC, General Dynamics Corporation, BAE Systems, Inc., GC Precision Developments Pty Limited, Browning and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 93 companies featured in this Small Arms market report include:
- 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.
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 497 |
Published | June 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 10 Billion |
Forecasted Market Value ( USD | $ 12.3 Billion |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |