Small Arm & Light Weapon Trends and Forecast
The future of the global small arm & light weapon market looks promising with opportunities in the military and law enforcement markets. The global small arm & light weapon market is expected to reach an estimated $17.87 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing public engagement in diverse sports like shooting and self-defense and increasing occurrences of armed violence and acts of terrorism.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Small Arm & Light Weapon by Segment
The study includes a forecast for the global small arm & light weapon by type, application, and region.
Small Arm & Light Weapon Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Small Arms
• Light Weight
Small Arm & Light Weapon Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Military
• Law Enforcement
• Others
Small Arm & Light Weapon Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Small Arm & Light Weapon Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies small arm & light weapon companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the small arm & light weapon companies profiled in this report include-
• GLOCK Ges
• FN Herstel
• Berette
• Colt’s Manufacturing Company
• Lockheed Martin
• Raytheon
• General Dynamics
• Smith & Wesson
• SIG Sauer & Co.
• Carl Walther
Small Arm & Light Weapon Market Insights
Lucintel forecasts that small arms is expected to witness the higher growth over the forecast period.
Within this market, military will remain the larger segment.
APAC is expected to witness highest growth over the forecast period due to substantial investments in technology and finances for military and law enforcement applications.
Features of the Global Small Arm & Light Weapon Market
Market Size Estimates: Small arm & light weapon market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Small arm & light weapon market size by type, application, and region in terms of value ($B).
Regional Analysis: Small arm & light weapon market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the small arm & light weapon market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the small arm & light weapon market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the small arm & light weapon market size?
Answer: The global small arm & light weapon market is expected to reach an estimated $17.87 billion by 2030.
Q2. What is the growth forecast for small arm & light weapon market?
Answer: The global small arm & light weapon market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the small arm & light weapon market?
Answer: The major drivers for this market are growing public engagement in diverse sports like shooting and self-defense and increasing occurrences of armed violence and acts of terrorism.
Q4. What are the major segments for small arm & light weapon market?
Answer: The future of the small arm & light weapon market looks promising with opportunities in the military and law enforcement markets.
Q5. Who are the key small arm & light weapon market companies?
Answer: Some of the key small arm & light weapon companies are as follows:
• GLOCK Ges
• FN Herstel
• Berette
• Colt’s Manufacturing Company
• Lockheed Martin
• Raytheon
• General Dynamics
• Smith & Wesson
• SIG Sauer & Co.
• Carl Walther
Q6. Which small arm & light weapon market segment will be the largest in future?
Answer: Lucintel forecasts that small arms is expected to witness the higher growth over the forecast period.
Q7. In small arm & light weapon market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to substantial investments in technology and finances for military and law enforcement applications.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the small arm & light weapon market by type (small arms and light weight), application (material, law enforcement, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Small Arm & Light Weapon Market, Small Arm & Light Weapon Market Size, Small Arm & Light Weapon Market Growth, Small Arm & Light Weapon Market Analysis, Small Arm & Light Weapon Market Report, Small Arm & Light Weapon Market Share, Small Arm & Light Weapon Market Trends, Small Arm & Light Weapon Market Forecast, Small Arm & Light Weapon Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.