Small Arms Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, India, Germany, UK - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 149 SKU: IRTNTR77516

Small Arms Market Forecast 2024-2028

The small arms market size is forecast to increase by USD 2.60 billion, at a CAGR of 5.21% between 2023 and 2028. The growth rate of the market depends on several factors rising concerns about personal safety and security, increasing demand for small arms from the law enforcement sector, and increasing participation in shooting sports and recreational shooting activities. Our report examines historical data from 2018-2022, besides analyzing the current and forecasted market scenario.

North America, a significant region in the market, experiences robust demand and technological advancements. The driving factors for small arms in the region include a strong culture of gun ownership, influenced by constitutional rights and recreational shooting activities. Adani Group provides small arms, including the light machine gun NEGEV in various calibers, Carbine or Assault Rifle ACE in multiple calibers, Pistol MASADA in 9X19mm, and more. Similarly, Fabbrica dArmi Pietro Beretta S.p.A offers small arms like custom carry limited 9mm, colt government series 70 in .45 ACP with a 7rd magazine, stainless finish, rosewood grips (O1911C SS), wiley clapp LW commander in 9mm, and additional models.

Market Forecasting and Size

Market  Forecast 2023-2027

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Market Dynamic

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Driver - Rising concerns about personal safety and security

Rising concerns about personal safety and security serve as a significant driver in propelling the market forward. In an increasingly uncertain world marked by geopolitical tensions, civil unrest, and instances of terrorism, individuals are seeking ways for protection. Heightened awareness of potential threats, whether real or perceived, prompts many to turn to firearms as a means of self-defense and security. Individuals living in areas with high crime rates and home invasions but limited law enforcement presence often view firearms as a necessary tool for safeguarding their safety.

As a result, there is a surge in demand for small arms, including handguns, rifles, and shotguns, as individuals seek to exercise their right to self-defense and ensure their preparedness for any potential threats. The increasing emphasis on personal empowerment and self-reliance further drives the adoption of small arms for personal protection. As concerns about personal safety and security continue to rise, the demand for small arms is expected to remain strong, driving the market during the forecast period.

Trends - Increasing popularity of modular firearms platforms

The increasing popularity of modular firearms platforms is a prominent trend in the market. Modular firearms offer users the ability to customize and adapt their firearms to meet specific needs and preferences, making them highly versatile and practical. These platforms typically feature interchangeable components such as grips, stocks, barrels, and handguards, allowing users to configure their firearms for different purposes, environments, and shooting styles. One key advantage of modular firearms is their adaptability to various roles and missions, including hunting, sport shooting, self-defense, and tactical applications.

Further, the modular design of these firearms facilitates ease of maintenance, repair, and upgrades, reducing downtime and overall lifecycle costs. As a result, modular firearms platforms have gained traction in the market, with many manufacturers offering modular options across their product lines. This trend towards modularity reflects the growing demand for customizable and adaptable firearms solutions which is expected to propel the development of the market during the forecast period.

Challenge - Strict regulatory frameworks and licensing requirements for small arms

Strict regulatory frameworks and licensing requirements pose significant challenges for the market. Governments worldwide impose stringent regulations on the manufacture, sale, ownership, and use of firearms to mitigate the risks associated with their misuse, including crime, violence, and public safety concerns. These regulations often include background checks, waiting periods, and licensing requirements for individuals purchasing firearms. Additionally, manufacturers and distributors must comply with complex licensing, registration, and export control regulations, which vary from country to country. 

Furthermore, changes in regulations and policies can impact the dynamics and create uncertainty for industry stakeholders, negatively affecting investment decisions and expansion strategies. Despite efforts to strike a balance between public safety and individual rights, navigating the intricate regulatory frameworks remains a significant challenge. Therefore, the demand of the market may be hampered during the forecast period.

Market Segmentation by End-user, Type and Geography

End-user Segment Analysis:

The civil and commercial segment is estimated to witness significant demand during the forecast period. Civil end-users of small arms include individuals and non-governmental entities who use firearms for personal protection, recreational shooting, hunting, and sport shooting activities. Civilian small arms purchases are often regulated by government authorities to ensure safety and prevent misuse. 

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The civil and commercial segment was the largest and was valued at USD 5.72 billion in 2018. Commercial end-users of small arms encompass businesses, security firms, private security contractors, and shooting ranges that utilize firearms for commercial purposes. Commercial small arms purchases often involve bulk orders, contracts, and procurement processes governed by regulations and standards specific to the commercial sector. Glock, a prominent player, supplies handguns widely used by law enforcement and security agencies worldwide. Therefore, factors such as increasing security concerns, rising demand for personal protection, and expanding recreational shooting activities are expected to drive the segment during the forecast period.

Type Segment Analysis:

Based on the type, the market has been segmented into rifle, pistol, short gun and others. The rifle?segment will account for the largest share of this segment.?Bolt-action rifles are renowned for their precision and reliability, making them popular choices for hunting and long-range shooting enthusiasts. Semi-automatic rifles offer rapid-fire capabilities and versatility, catering to hunting, sport shooting, and self-defense needs. Assault rifles, equipped with selective-fire capabilities, are primarily utilized by military forces for combat operations. Sporting rifles, available in lever-action, pump-action, and single-shot configurations, are tailored for recreational shooting and hunting activities. The factors that drive the demand for rifles include growing concerns about security, the need to protect oneself and one's property, and the expansion of recreational shooting activities. Hence, such factors are anticipated to fuel the market during the forecast period.

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North America is estimated to contribute 34% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. In North America, the United States, in particular, accounts for a substantial portion of small arms production and consumption in the region. Additionally, concerns about personal safety and self-defense contribute to the demand for small arms in the region. Military and law enforcement agencies in North America also play a significant role in driving through procurement contracts and modernization initiatives for small arms. One prominent player in the North American market is Colts Manufacturing Company, LLC. Colt has a long-standing history of producing firearms, including rifles, handguns, and machine guns, catering to both civilian and military markets. Colts products are widely used by military and law enforcement agencies in North America, as well as by civilian shooters and enthusiasts.

In addition, the increasing popularity of modular firearms platforms, allowing for customization and versatility among civilian shooters and military personnel, drives the regional market. Moreover, there is a growing interest in compact and concealable firearms for personal protection, reflecting changing trends in customer inclinations and laws about carrying small arms. Additionally, advancements in firearm technology, such as improved optics, enhanced ergonomics, and reduced weight, are driving innovation in the North American market during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

EDGE Group PJSC - The company offers small arms such as Beretta 80X cheetah green edition, B link, B lok, Aqua tech shield, DLC, Steelium, Optimabore HP, Microcore, Extraligth, B safe, and more.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Adani Group, AmmoTerra, ARSENAL JSCo, Fabbrica dArmi Pietro Beretta S.p.A., Colt Manufacturing Co, LLC., EDGE Group PJSC, G Lock Perfection, Heckler and Koch Inc., Herstal SA, HS Produkt, Indian Ordnance Factories, Israel Defence, Kalyani Strategic Systems Ltd., Kongsberg Gruppen ASA, MOD Crown, Shaw Barrels, SIG Sauer Inc., Smith and Wesson Brands, Inc., Stumpp Schuele and Somappa Springs Pvt. Ltd., and Sturm Ruger and Co. Inc. 

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest market trends and growth opportunities from 2018 to 2028.

  • End-user Outlook 
    • Civil and commercial
    • Defense
  • Type Outlook
    • Rifle
    • Pistol
    • Short gun
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Small Arms Market is driven by significant investments in the development of diverse weaponry, including ammunition, revolvers, and sniper rifles. Research and development (R&D) activities focus on enhancing the mobility and lethality of small arms, catering to the needs of armed forces amidst territorial conflicts, political unrest, and general armed conflicts. Compliance with legal regulations, including economic and political aspects, is crucial, involving considerations such as possession, serialization, and import-export controls. It also addresses technology transfers, adhering to anti-corruption laws, and ensuring standardization.

In addition, ongoing modernization programs emphasize the importance of lightweight designs for improved combat performance. It covers a broad spectrum, from the 5.56mm caliber segment to specialized weaponry like snipers, recoilless rifles, and modern sporting rifles. Additionally, efforts are made to mitigate the proliferation of illicitly manufactured small arms through effective regulations and control measures, ensuring responsible use in various contexts, such as shoot-to-kill or shoot-to-injure scenarios.

Industry  Scope

Report Coverage

Details

Page number

149

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.21%

Market growth 2024-2028

USD 2.60 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.75

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 34%

Key countries

US, China, India, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Adani Group, AmmoTerra, ARSENAL JSCo, Fabbrica dArmi Pietro Beretta S.p.A., Colt Manufacturing Co, LLC., EDGE Group PJSC, G Lock Perfection, Heckler and Koch Inc., Herstal SA, HS Produkt, Indian Ordnance Factories, Israel Defence, Kalyani Strategic Systems Ltd., Kongsberg Gruppen ASA, MOD Crown, Shaw Barrels, SIG Sauer Inc., Smith and Wesson Brands, Inc., Stumpp Schuele and Somappa Springs Pvt. Ltd., and Sturm Ruger and Co. Inc.

Market dynamics

Parent market, Market growth inducers and obstacles, Fast-growing and slow-growing segment, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market between 2024 and 2028
  • Precise estimation of the size of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough market analysis and market report of the competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market  companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global small arms market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global small arms market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Civil and commercial - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Civil and commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Civil and commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Civil and commercial - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Civil and commercial - Year-over-year growth 2023-2028 (%)
    • 6.4 Defense - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Defense - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Defense - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Defense - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Defense - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ billion)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Rifle - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Rifle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Rifle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Rifle - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Rifle - Year-over-year growth 2023-2028 (%)
    • 7.4 Pistol - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Pistol - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Pistol - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Pistol - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Pistol - Year-over-year growth 2023-2028 (%)
    • 7.5 Short gun - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Short gun - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Short gun - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Short gun - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Short gun - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Adani Group
              • Exhibit 119: Adani Group - Overview
              • Exhibit 120: Adani Group - Product / Service
              • Exhibit 121: Adani Group - Key offerings
            • 12.4 ARSENAL JSCo
              • Exhibit 122: ARSENAL JSCo - Overview
              • Exhibit 123: ARSENAL JSCo - Product / Service
              • Exhibit 124: ARSENAL JSCo - Key offerings
            • 12.5 Colt Manufacturing Co, LLC.
              • Exhibit 125: Colt Manufacturing Co, LLC. - Overview
              • Exhibit 126: Colt Manufacturing Co, LLC. - Product / Service
              • Exhibit 127: Colt Manufacturing Co, LLC. - Key offerings
            • 12.6 Fabbrica dArmi Pietro Beretta S.p.A.
              • Exhibit 128: Fabbrica dArmi Pietro Beretta S.p.A. - Overview
              • Exhibit 129: Fabbrica dArmi Pietro Beretta S.p.A. - Product / Service
              • Exhibit 130: Fabbrica dArmi Pietro Beretta S.p.A. - Key offerings
            • 12.7 G Lock Perfection
              • Exhibit 131: G Lock Perfection - Overview
              • Exhibit 132: G Lock Perfection - Product / Service
              • Exhibit 133: G Lock Perfection - Key offerings
            • 12.8 Heckler and Koch Inc.
              • Exhibit 134: Heckler and Koch Inc. - Overview
              • Exhibit 135: Heckler and Koch Inc. - Product / Service
              • Exhibit 136: Heckler and Koch Inc. - Key offerings
            • 12.9 Herstal SA
              • Exhibit 137: Herstal SA - Overview
              • Exhibit 138: Herstal SA - Product / Service
              • Exhibit 139: Herstal SA - Key offerings
            • 12.10 HS Produkt
              • Exhibit 140: HS Produkt - Overview
              • Exhibit 141: HS Produkt - Product / Service
              • Exhibit 142: HS Produkt - Key offerings
            • 12.11 Indian Ordnance Factories
              • Exhibit 143: Indian Ordnance Factories - Overview
              • Exhibit 144: Indian Ordnance Factories - Product / Service
              • Exhibit 145: Indian Ordnance Factories - Key offerings
            • 12.12 Israel Defence
              • Exhibit 146: Israel Defence - Overview
              • Exhibit 147: Israel Defence - Product / Service
              • Exhibit 148: Israel Defence - Key offerings
            • 12.13 Kongsberg Gruppen ASA
              • Exhibit 149: Kongsberg Gruppen ASA - Overview
              • Exhibit 150: Kongsberg Gruppen ASA - Business segments
              • Exhibit 151: Kongsberg Gruppen ASA - Key news
              • Exhibit 152: Kongsberg Gruppen ASA - Key offerings
              • Exhibit 153: Kongsberg Gruppen ASA - Segment focus
            • 12.14 Shaw Barrels
              • Exhibit 154: Shaw Barrels - Overview
              • Exhibit 155: Shaw Barrels - Product / Service
              • Exhibit 156: Shaw Barrels - Key offerings
            • 12.15 SIG Sauer Inc.
              • Exhibit 157: SIG Sauer Inc. - Overview
              • Exhibit 158: SIG Sauer Inc. - Key offerings
            • 12.16 Smith and Wesson Brands, Inc.
              • Exhibit 159: Smith and Wesson Brands, Inc. - Overview
              • Exhibit 160: Smith and Wesson Brands, Inc. - Product / Service
              • Exhibit 161: Smith and Wesson Brands, Inc. - Key offerings
            • 12.17 Sturm Ruger and Co. Inc.
              • Exhibit 162: Sturm Ruger and Co. Inc. - Overview
              • Exhibit 163: Sturm Ruger and Co. Inc. - Business segments
              • Exhibit 164: Sturm Ruger and Co. Inc. - Key offerings
              • Exhibit 165: Sturm Ruger and Co. Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis