Global Small Arms Industry

Global Small Arms Industry

  • October 2019 •
  • 147 pages •
  • Report ID: 5799628 •
  • Format: PDF
Small Arms market worldwide is projected to grow by US$1.4 Billion, driven by a compounded growth of 4%. Military, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.1 Billion by the year 2025, Military will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 4.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$71.4 Million to the region’s size and clout in the next 5 to 6 years. Over US$64 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Military will reach a market size of US$253.3 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3.7% over the next couple of years and add approximately US$232 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Beretta Holding SpA; Colt’s Manufacturing Company, LLC; Forjas Taurus S.A.; Freedom Group; General Dynamics Corporation; Glock Ges.M.B.H; Heckler & Koch GmbH; Herstal SA; Orbital ATK, Inc.; Ruger Firearms; Small Arms Survey (Sturm); Smith & Wesson