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Small Arms and Light Weapons Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939092
The small arms and light weapons market size has grown strongly in recent years. It will grow from $13.09 billion in 2023 to $14.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%.The historical period's growth can be ascribed to an increase in disposable income, the growth of emerging markets, a rise in urban warfare, an escalation in domestic violence, an upsurge in military expenditure, and a growing incidence of drug trafficking and terrorist activities.

The small arms and light weapons market size is expected to see steady growth in the next few years. It will grow to $17 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The anticipated growth in the forecast period is linked to the rise in defense spending and military modernization programs. Key trends expected in this period involve the utilization of polymers for the production of light weapons and ammunition, enhancements and modularity in the design of military-style weapons, the adoption of 3D printing technology for manufacturing small arms, the integration of laser technology, the implementation of day/night de-camouflage technology for light weapons, and an increase in mergers and acquisitions.

The anticipated growth in the small arms and light weapons market during the forecast period is expected to be driven by an increase in defense spending globally. Countries worldwide are intensifying their investments in defense due to ongoing conflicts and rivalries with other nations. As an illustration, data from the Stockholm International Peace Research Institute (SIPRI) in April 2022 revealed that global military spending was projected to rise by 0.7% in real terms to $2,113 billion in 2021. This marked the seventh consecutive year of increasing military expenditures. Notably, military research and development (R&D) funding in the United States surged by 24% from 2012 to 2021, while China, the world's second-largest spender, allocated an estimated $293 billion to its military in 2021, reflecting a 4.7% increase over 2020. China has consistently increased its military spending for the past 27 years, highlighting the role of heightened defense spending in propelling the growth of the small arms and light weapons market.

The small arms and light weapons market is also expected to experience growth due to a rise in territorial activities worldwide. Guns and accessories serve various purposes, including self-defense, law enforcement, hunting, sports shooting, and others. The increasing territorial activities globally are anticipated to drive demand for small arms and light weapons, supporting the requirements arising from these activities. For instance, a report published by the United Nations High Commissioner for Refugees in June 2022 highlighted that, globally, 89.3 million people were displaced from their homes by the end of 2021 due to war, violence, fear of persecution, and human rights violations. This figure is the highest since World War II and more than double the 42.7 million individuals forcibly displaced a decade ago. The number of refugees also more than doubled from 10.5 million a decade ago, reaching 21.3 million at the end of 2021 from 20.7 million in 2020. Hence, the increasing territorial activities worldwide are expected to be a significant driver for the growth of the small arms and light weapons market.

The small arms and light weapons market is witnessing a prominent trend with the increasing adoption of technological advancements. Leading companies in this market are strategically focused on the development of advanced technology solutions for small arms and light weapons. As an example, in August 2021, MZA Associates Corp., a laser weapons company based in the United States, disclosed its collaboration with the US military to create a compact, portable, low-cost, and reliable Counter-Unmanned Aircraft Systems High Energy Laser Weapons System (C-UAS HELWS). This system is designed to damage or destroy unmanned aerial vehicles (UAVs) trespassing into the airspace of military bases or other sensitive installations.

Prominent companies in the small arms and light weapons market are channeling their efforts into introducing innovative products, such as the FN Hi-Power 9X19MM Pistol, to better meet the evolving needs of their customer base. The 9x19mm handgun, also known as the 9mm Parabellum or 9mm Luger, is a rimless, tapered cartridge commonly used in pistols and submachine guns. For instance, in May 2022, FN Herstal SA, a Belgium-based manufacturing company specializing in pistols, rifles, submachine guns, and machine guns, launched the FN Hi-Power 9X19MM Pistol. This handgun is designed to accommodate any user's hand shape, featuring an optimized grip angle similar to the Hi-Power, extensively researched to achieve the optimal comfort. The pistol's balanced design and narrow bore axis enhance control, especially for rapid follow-up rounds. The grip includes retention notches and three adjustable ergonomic coverings with multiple non-slip grip areas. It combines internationally proven solutions with unique patented FN features, delivering an ergonomic, reliable, and secure weapon suitable for both military forces and law enforcement.

In November 2022, Czechoslovak Group, a Czech-based defense industry machinery manufacturer, acquired a 70% ownership stake in Fiocchi Munizion for an undisclosed amount. This strategic acquisition by CSG Group aims to expand its small caliber ammunition portfolio, supporting global development through fresh investments in existing factories. Fiocchi Munizion, based in Italy, is a company specializing in the development, manufacturing, and sale of high-end small-caliber ammunition for hunting, shooting sports, and security forces.


Major companies operating in the small arms and light weapons market report are Smith & Wesson Brands, Inc., Sturm, Ruger & Company, Inc., General Dynamics Corporation, SIG Sauer, Inc., Heckler & Koch GmbH, FN Herstal S.A., Colt's Manufacturing Company LLC, Raytheon, Thales Group, GLOCK Gesellschaft m.b.H., Israel Weapons Industry (IWI), Kalashnikov Group, Èeská Zbrojovka a.s, China South Industries Group (CSGC), China Aerospace Science and Industry Corporation (CASIC), China North Industries Group Corporation Limited (Norinco), Česká zbrojovka a.s, Berette S.p.A., Lockheed Martin Corporation, LAHAB, Textron Systems, PLR Systems Pvt Ltd., Armscor, Guns & Tactics Ltd., Magnum Arms, Guns Galore, BNTI Arms, Athena Security Inc., Protection Development International Corporation.

Asia-Pacific was the largest region in the small arms and weapons market in 2023. Western Europe is expected to be the fastest-growing region in the global small arms and light weapons market during the forecast period. The regions covered in the small arms and light weapons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the small arms and light weapons market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The primary categories of small arms and light weapons are, indeed, small arms and light weapons. Small arms, commonly referred to as firearms or guns, are portable lethal weapons designed for individual use, capable of expelling or launching projectiles through explosive action. These weapons come in various calibers such as 14.5mm, 12.7mm, 9mm, 7.62mm, and 5.56mm. The firing systems are categorized as recoil-operated, gas-operated, and manual, while the actions of the weapons can be manual, semi-automatic, or automatic. Small arms and light weapons find applications in the military and law enforcement sectors, serving the defense, civil, and commercial domains.

The small arms and light weapons market research report is one of a series of new reports that provides small arms and light weapons market statistics, including small arms and light weapons industry global market size, regional shares, competitors with a small arms and light weapons market share, detailed small arms and light weapons market segments, market trends and opportunities, and any further data you may need to thrive in the small arms and light weapons industry. This small arms and light weapons market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The small arms and light weapons market consists of sales of pistols, rifles, submachine guns, assault rifles, and light machine guns. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Small Arms and Light Weapons Market Characteristics3. Small Arms and Light Weapons Market Trends and Strategies
4. Small Arms and Light Weapons Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Small Arms and Light Weapons Market Size and Growth
5.1. Global Small Arms and Light Weapons Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Small Arms and Light Weapons Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Small Arms and Light Weapons Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Small Arms and Light Weapons Market Segmentation
6.1. Global Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Small Arms
  • Light Weapons
6.2. Global Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Manual
  • Semi-Automatic
  • Automatic
6.3. Global Small Arms and Light Weapons Market, Segmentation by Caliber, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.5 mm
9 mm
12.7 mm
5.56 mm
7.62mm
5.56mm
6.4. Global Small Arms and Light Weapons Market, Segmentation by Flirting System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Gas Operated
  • Manual
  • Recoil Operated
6.5. Global Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Law Enforcement
  • Military & Defense
  • Civil & Commercial
7. Small Arms and Light Weapons Market Regional and Country Analysis
7.1. Global Small Arms and Light Weapons Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Small Arms and Light Weapons Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Small Arms and Light Weapons Market
8.1. Asia-Pacific Small Arms and Light Weapons Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Small Arms and Light Weapons Market
9.1. China Small Arms and Light Weapons Market Overview
9.2. China Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Small Arms and Light Weapons Market
10.1. India Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Small Arms and Light Weapons Market
11.1. Japan Small Arms and Light Weapons Market Overview
11.2. Japan Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Small Arms and Light Weapons Market
12.1. Australia Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Small Arms and Light Weapons Market
13.1. Indonesia Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Small Arms and Light Weapons Market
14.1. South Korea Small Arms and Light Weapons Market Overview
14.2. South Korea Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Small Arms and Light Weapons Market
15.1. Western Europe Small Arms and Light Weapons Market Overview
15.2. Western Europe Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Small Arms and Light Weapons Market
16.1. UK Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Small Arms and Light Weapons Market
17.1. Germany Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Small Arms and Light Weapons Market
18.1. France Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Small Arms and Light Weapons Market
19.1. Italy Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Small Arms and Light Weapons Market
20.1. Spain Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Small Arms and Light Weapons Market
21.1. Eastern Europe Small Arms and Light Weapons Market Overview
21.2. Eastern Europe Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Small Arms and Light Weapons Market
22.1. Russia Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Small Arms and Light Weapons Market
23.1. North America Small Arms and Light Weapons Market Overview
23.2. North America Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Small Arms and Light Weapons Market
24.1. USA Small Arms and Light Weapons Market Overview
24.2. USA Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Small Arms and Light Weapons Market
25.1. Canada Small Arms and Light Weapons Market Overview
25.2. Canada Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Small Arms and Light Weapons Market
26.1. South America Small Arms and Light Weapons Market Overview
26.2. South America Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Small Arms and Light Weapons Market
27.1. Brazil Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Small Arms and Light Weapons Market
28.1. Middle East Small Arms and Light Weapons Market Overview
28.2. Middle East Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Small Arms and Light Weapons Market
29.1. Africa Small Arms and Light Weapons Market Overview
29.2. Africa Small Arms and Light Weapons Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Small Arms and Light Weapons Market, Segmentation by Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Small Arms and Light Weapons Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Small Arms and Light Weapons Market Competitive Landscape and Company Profiles
30.1. Small Arms and Light Weapons Market Competitive Landscape
30.2. Small Arms and Light Weapons Market Company Profiles
30.2.1. Smith & Wesson Brands, Inc
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Sturm, Ruger & Company, Inc
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. General Dynamics Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. SIG Sauer, Inc
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Heckler & Koch GmbH
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Small Arms and Light Weapons Market Other Major and Innovative Companies
31.1. FN Herstal S.A.
31.2. Colt's Manufacturing Company LLC
31.3. Raytheon
31.4. Thales Group
31.5. GLOCK Gesellschaft m.b.H.
31.6. Israel Weapons Industry (IWI)
31.7. Kalashnikov Group
31.8. Èeská Zbrojovka a.s
31.9. China South Industries Group (CSGC)
31.10. China Aerospace Science and Industry Corporation (CASIC)
31.11. China North Industries Group Corporation Limited (Norinco)
31.12. Ceská zbrojovka a.s
31.13. Berette S.p.A.
31.14. Lockheed Martin Corporation
31.15. LAHAB
32. Global Small Arms and Light Weapons Market Competitive Benchmarking33. Global Small Arms and Light Weapons Market Competitive Dashboard34. Key Mergers and Acquisitions in the Small Arms and Light Weapons Market
35. Small Arms and Light Weapons Market Future Outlook and Potential Analysis
35.1 Small Arms and Light Weapons Market in 2028 - Countries Offering Most New Opportunities
35.2 Small Arms and Light Weapons Market in 2028 - Segments Offering Most New Opportunities
35.3 Small Arms and Light Weapons Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Small Arms and Light Weapons Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on small arms and light weapons market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for small arms and light weapons? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Small Arms and Light Weapons
4) By Action: Manual; Semi-Automatic; Automatic
3) By Caliber: 14.5 mm; 9 mm; 12.7 mm; 5.56 mm; 14.5 mm; 762 mm
5) By Firing Systems: Gas Operated; Manual; Recoil Operated
2) By End-user Sector: Law Enforcement; Military & Defense; Civil & Commercial

Key Companies Mentioned: Smith & Wesson Brands, Inc; Sturm, Ruger & Company, Inc; General Dynamics Corporation; SIG Sauer, Inc; Heckler & Koch GmbH

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Smith & Wesson Brands, Inc
  • Sturm, Ruger & Company, Inc
  • General Dynamics Corporation
  • SIG Sauer, Inc
  • Heckler & Koch GmbH
  • FN Herstal S.A.
  • Colt's Manufacturing Company LLC
  • Raytheon
  • Thales Group
  • GLOCK Gesellschaft m.b.H.
  • Israel Weapons Industry (IWI)
  • Kalashnikov Group
  • Èeská Zbrojovka a.s
  • China South Industries Group (CSGC)
  • China Aerospace Science and Industry Corporation (CASIC)
  • China North Industries Group Corporation Limited (Norinco)
  • Česká zbrojovka a.s
  • Berette S.p.A.
  • Lockheed Martin Corporation
  • LAHAB
  • Textron Systems
  • PLR Systems Pvt Ltd
  • Armscor
  • Guns & Tactics Ltd
  • Magnum Arms
  • Guns Galore
  • BNTI Arms
  • Athena Security Inc
  • Protection Development International Corporation

Methodology

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Table Information