The global small arms market is projected to grow from USD 4.09 Billion in 2015 to USD 4.92 Billion by 2020, at a CAGR of 3.8% during the period under consideration. This report covers the forecast of the market and its dynamics over the next five years, while also recognizing the market application gaps, recent developments in the market, and high potential countries. The small arms market has been analyzed primarily on the basis of end users (including military, law enforcement, hunting, sports, and self-defense) through the period of 2015 to 2020, considering 2014 as the base year.

The increasing demand from civilian applications, such as sports and self-defense is expected to drive the growth of the small arms market during the forecast period of 2015 to 2020. In recent years, the rising incidences of terrorism and armed violence have driven more civilians to procure small arms for self-defense purposes. Owing to the same factors, military forces and law enforcement agencies across the globe have invested more into procuring advanced weapon systems, including major small arms, such as rifles, pistols, and so on. These factors are expected to play major roles in the growth of the market in the coming years.

The market size estimations for various segments and subsegments of this market were arrived at through extensive secondary research, corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

The ecosystem of the small arms market comprises manufacturers, distributors, and end users. The key end-users of the market are military, law enforcement, shooters, hunters, and people procuring small arms for self-defense. Some of the key players of the market include Orbital ATK (U.S.), Smith & Wesson Holding Corp. (U.S.), Freedom Group (U.S.), and Sturm, Ruger, & Co., Inc. (U.S.), among others. These players are adopting strategies such as new product launches, long-term contracts, and acquisitions to strengthen their positions in the global market. They are also focusing on investing considerable amount of their revenues on R&D to introduce small arms with higher precision and reduced weight.

�Study answers several questions for the stakeholders primarily, which segments to focus over the next five years for prioritizing efforts and investments�.

Target Audience

Original Equipment Manufacturers (OEMs)

Regulatory Bodies

Component Suppliers

Homeland Security Agencies

Shooting Sports Federations

Distributors

Scope of the Report

This research report categorizes the global small arms market into the following segments and subsegments:

Global Small Arms Market, By Application

Military

Law Enforcement

Hunting

Sports

Self-defense

Global Small Arms Market, By Type

Pistol

Revolver

Rifle

Machine Gun

Shotgun

Others

Global Small Arms Market, By Technology

Guided

Unguided

Global Small Arms Market, By Caliber

5.56mm

7.62mm

9mm

12.7mm

14.5mm

Others

Global Small Arms Market, By Cutting Type

Smooth Bore

Threaded

Global Small Arms Market, By Firing Systems

Gas-operated

Recoil-operated

Manually-operated

Global Small Arms Market, By Country

U.S.

Canada

U.K.

Russia

Germany

France

China

India

Japan

South Korea

Australia

Saudi Arabia

Israel

Turkey

UAE

Customizations available for the report

With the given market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:

Country-level Analysis Further breakdown of Rest of the World into countries based on defense expenditure, along with their respective market figures

Company Information Detailed analysis and profiling of additional market players (Upto 5)



The global small arms market is projected to grow from USD 4.09 Billion in 2015 to USD 4.92 Billion by 2020, at a CAGR of 3.8% during the forecast period. Factors such as rising wars and cross�border disputes, rise in terrorism, and increasing civilian use of small arms are expected to drive the growth of the global market during the forecast period of 2015 to 2020.

On the basis of end users, the given market has been segmented into military, law enforcement, hunting, sports, and self-defense. The sports segment is projected to grow at the highest CAGR during the forecast period of 2015 to 2020, driven by the increasing civilian participation in shooting sports, such as target shooting, rifle shooting, and handgun shooting, among others.

The small arms procurement in the military and law enforcement segments have increased considerably over the past few years, mainly driven by the high number of wars against terrorist outfits, globally, especially in the Middle East and Asia-Pacific regions. Some of the major types of small arms being procured are pistols, rifles, and heavy machine guns, among others. On the basis of type, the small arms market has been segmented into pistol, revolver, rifle, machine gun, and shotgun, among others. The overall market is dominated by the rifles segment as of 2015, and this segment is expected to witness the highest growth in the coming years, owing to the aforementioned factors.

The small arms firing systems market is dominated by the gas-operated segment, which is the most commonly used firing mechanism or technology in pistols, rifles and other major types of small arms. This segment is also expected to witness the highest growth in the coming years, owing to several benefits provided by the gas-operated firing system, including durability, precision, efficiency, higher number of rounds fired, and so on. Recoil-operated and manually-operated mechanisms are mainly observed in low-powered rifles, which are used in civilian applications, such as hunting and short-range shooting sports.

The Asia-Pacific region is expected to exhibit the highest growth in the small arms market during the forecast period. This rapid growth can be attributed to the increasing military expenditures of major economies of the region, including China and India, high number of wars and cross-border disputes in the region, rising civilian participation in shooting sports, and increasing investments by governments for modernization of military as well as law enforcement forces.

The growth of the market could, however, be affected by certain major restraints in the coming years. These factors include strict regulations across major countries of the world, especially the U.S., wherein stringent licensing policies on both, manufacturers as well as civilian end users, and declining defense budgets of advanced economies of the world, such as the U.S., Canada, the U.K., Germany, and so on.

The key players operating in the global market have been identified as Orbital ATK (U.S.), Smith & Wesson Holding Corp. (U.S.), Sturm, Ruger, & Co., Inc. (U.S.), and Freedom Group (U.S.), among others. New product launches, long-term contracts, and strategic acquisitions are the major growth strategies adopted by the major players to strengthen their position in the market, while also enhancing their product offerings.