Global Small Arms (5.56MM, 7.62MM, 9MM) Market to 2025: Increased Sale of Small Arms for Self-Defense Applications in North America During COVID-19 Crisis – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE) – The “Global Small Arms Market by End Use Sector (Defense, Civil, Trade), Type (Pistol, Revolver, Rifle, Machine Gun, Shotgun), Caliber (5.56mm, 7.62mm, 9mm), Technology, Cutting Type, Combustion Systems, Action and Region – Forecast to 2025 “report was added ResearchAndMarkets.com Offer.

The global small arms market is forecast to grow from $ 8.6 billion in 2020 to $ 9.6 billion in 2025, with an annual growth rate of 2.1% from 2020 to 2025.

Factors such as changes in warfare, the militarization of the police force, the increasing frequency of drug trafficking and terrorist activities, and the modernization of the armed forces are driving factors for the growth of the small arms market.

The small arms market includes key players such as Smith & Wesson, Sturm, Ruger & Co., Inc., Colts Manufacturing LLC, Sig Saue, Steyr Arms, Remington Outdoor Co., Daniel Defense Inc., Israel Weapons Industry, Heckler & Koch, GLOCK, Kalashnikov Group and Ceska Zbrojovka.

These players have spread their business across different countries including North America, Europe, Asia Pacific, the Middle East, Africa and Latin America. COVID-19 has affected the growth of the small arms market to some extent, and this varies from country to country. Industry experts believe the pandemic has not affected the demand for small arms for defense applications.

5.56mm: The fastest growing segment of the small arms market by caliber

Based on the caliber, the highest CAGR is forecast for the 5.56 mm caliber segment of the small arms market in the forecast period. The growth of the 5.56 mm caliber segment is due to the increasing acceptance of small arms with a chamber of 5.56 mm. The armed forces’ change of focus from shooting to killing to shooting to injuring has resulted in greater demand for this caliber. This cartridge has various military and civilian names and is the most preferred caliber for rifle ammunition in the world. 5.56 mm caliber ammunition is commonly used in AR rifles as well as in popular AR handguns.

Rifles: The fastest growing segment of the small arms market by type

Depending on the type, the rifle segment is expected to grow from 2020 to 2025 with the highest CAGR in the small arms market. The use of rifles by armed forces and law enforcement agencies, as well as civilian participation in shooting sports with rifles in various regions, has increased leading to growth in this segment. In recent years, armies around the world have seen an increase in demand for sniper rifles due to the need for increased precision shooting systems and the increasing number of covert operations that also support the growth of the rifle segment in the small arms market.

Defense: The fastest growing segment of the small arms market by end-use sector

The defense segment of the small arms market has been divided into military and law enforcement. The growth of the defense segment of the small arms market is due to increased spending by countries on military modernization programs, as well as the increase in terrorist and civil unrest in several parts of the world.

North America: The region with the largest contribution to the small arms market

North America has the highest potential demand for small arms, largely due to increased defense spending countries in the region as well as the increase in armed violence, which is driving both law enforcement and civilians to source small arms for anti-terrorist and self-defense applications.

Market dynamics

driver

  • Change in the nature of warfare

  • Increase in global drug trafficking

  • Militarization of the police force

  • Geopolitical tensions, territorial conflicts, terrorism and political unrest in the Middle East and Asia-Pacific

  • Rising military spending leads to increased arms transfers

  • Armed forces modernization programs in major economies

  • Increasing civilian use of small arms

restrictions

  • Different economic, legal and political regulations for the procurement of small arms

opportunities

  • Increased sales of small arms for self-defense applications in North America during the COVID-19 crisis

  • Increasing investment in the development of new and advanced firearms

  • Weight reduction of small arms

  • Increasing demand for advanced modern sporting rifles (MSR) for civil and commercial applications in North America

Challenges

  • Distribution of illegal small arms manufacturers

  • International measures such as the Arms Trade Treaty (ATT) to control the use of small arms

Effects of COVID-19 on the small arms market

  • Demand-side effects

  • Supply side impact

  • Important developments from January 2020 to May 2020

Areas and scenarios

Small arms ecosystem

  • Prominent companies

  • Private and Small Business

  • Consumer

Value chain analysis

Trends / disruptions that affect the customer’s business

  • Revenue shift and new revenue pockets for small arms manufacturers

Use Case Analysis: Small Arms Market

  • 300 commercial grade blackout firearms with increasing acceptance by major armed forces

  • Development of superior 6.8 mm ammunition by the Armed Forces to replace existing 5.56 mm ammunition

Company profiles

Key characters

  • Smith and wesson

  • Sturm, Ruger & Co., Inc.

  • Pietro Beretta SpA arms factory

  • Colts Manufacturing Company LLC

  • Herstal Group

  • Sig Sauer

  • Heckler & Koch GmbH

  • Israeli Arms Industry (IWI)

  • Freedom group

  • Glock Ges.mbH

  • Eeska Zbrojovka AS

  • Kalashnikov group

  • Barrett

  • Norinco

Other players

  • Steyr Arms

  • International accuracy

  • Carl Walther GmbH

  • Daniel Defense Inc.

  • BY Mossberg & Sons, Inc.

  • Wild

  • Springfield Armory

  • Bull Armas SA

  • Textron Inc.

  • Flag arms

  • Arsenal JSCO

  • Brugger & Thomet (B & T) AG

  • Benelli Armi SpA

  • Knights Armament Co.

  • Lewis Machine & Tool Co.

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