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Small Arms Market is Expected to Grow at a CAGR of 5.3% by 2030

[233 Pages] Small Arms Market to reach $13.75 billion by 2030; Pistol type to garner at 5.7% CAGR; Civil & commercial end use to surpass at 5.4% CAGR.

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Small Arms Market is Expected to Grow at a CAGR of 5.3% by 2030

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  1. Small Arms Market The spread of the COVID-19 pandemic has negatively impacted the global small arms market. The defence equipment industry comprises thousands of small and medium-sized companies that are financed by the government. Attributed to adverse economic conditions triggered by the pandemic, several manufacturers had to shift their focus on keeping essential operations (due to project delays) running and helping the government in fighting against a unique set of challenges. Small arms industry was expected to witness steady growth in 2020; however, due to the adverse impact of the widespread COVID-19 pandemic, it experienced a significant decline in the supply of firearms for sports and law enforcement applications. Request Customization

  2. Small Arms Market The global small arms market was valued at $8.39 billion in 2020, and is projected to reach $13.75 billion by 2030, registering a CAGR of 5.3%. North America was the highest revenue contributor, accounting for $3.33 billion in 2020, and is estimated to reach $5.81 billion by 2030, with a CAGR of 6.0%. Small arms are specialized weapons used by any individual for self-defense as well as for recreational purposes. In addition, military and law enforcement personnel also make use of small arms for carrying out their respective operations. Small arms consist of various firearms such as pistol, shotgun, revolver, rifle, and other related systems. Connect Analyst

  3. Small Arms Market Key Benefits For Stakeholders • This study presents analytical depiction of the global Small Arms market analysis along with the current trends and future estimations to depict imminent investment pockets. The overall small arms market opportunity is determined by understanding profitable trends to gain a stronger foothold. The report presents information related to key drivers, restraints, and opportunities of the global small arms market with a detailed impact analysis. The current small arms market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry. • • • • Purchase Enquiry

  4. •SCI Technology, Inc. •Skytrac Systems Ltd. •Teledyne Controls LLC •Thales Group •The Boeing Company Small Arms Market Major Companies:  CZG - Ceská zbrojovka Group SE  Fabbrica d'Armi Pietro Beretta S.P.A.  FN Herstal  Heckler & Koch  ISRAEL WEAPON INDUSTRIES (I.W.I) LTD  Smith & Wesson Brands, Inc.  Sturm, Ruger & Co., Inc.  Taurus International Manufacturing, Inc.  Webley & Scott  Weihrauch & Weihrauch Sport GmbH & Co. KG Request Customization [ "COVID-19 impact" ]

  5. Small Arms Market Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 States TollFree (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446- 1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20- 66346060 Fax: +1⟨855⟩550- 5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com United

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