Growing use in violent activity amplifies concerns over small arms diversion


DUBLIN, June 18, 2021 / PRNewswire / – The “Small Arms – Global Market Trajectory and Analysis” the report was added to ResearchAndMarkets.com offer.

Global Small Arms Market to Reach $ 5.9 billion by 2027

Amid the COVID-19 crisis, the global small arms market is estimated to be 4.6 billion US dollars in 2020, is expected to reach a revised size of US $ 5.9 billion by 2027, with a CAGR of 3.6% over the analysis period 2020-2027.

The military, one of the segments analyzed in the report, is expected to register a CAGR of 3.8% and reach US $ 3.2 billion at the end of the analysis period. After an initial analysis of the business implications of the pandemic and the resulting economic crisis, the growth of the law enforcement segment is readjusted to a revised CAGR of 2.9% for the next 7-year period.

The US market is estimated at $ 1.4 billion, while China is expected to grow at 3.4% CAGR

The market for small arms in the United States is estimated at 1.4 billion US dollars in the year 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 1.1 billion by 2027, with a CAGR of 3.4% over the analysis period 2020 to 2027.

Other notable geographic markets include Japan and Canada, each forecasts growth of 3.3% and 3% respectively over the period 2020-2027. In Europe, Germany is expected to grow by about 3.5% CAGR.

Other end-use segment to register 4.7% CAGR

In the global other end-use segment, United States, Canada, Japan, China and Europe will drive the estimated 4.9% CAGR for this segment. These regional markets representing a combined market size of US $ 427.3 million in 2020 will reach a projected size of US $ 595.6 million at the end of the analysis period.

China will remain among the most dynamic in this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach US $ 658 million by 2027.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market
  • Global market trajectories
  • Impact of Covid-19 and an impending global recession
  • Small arms market: overview and outlook

2. FOCUS ON CERTAIN PLAYERS(Total 47 featured):

  • Beretta Holding SpA
  • Colt’s Manufacturing Company, LLC
  • Forjas Taurus SA
  • Freedom Group
  • Societe Generale Dynamic
  • Glock Ges.MBH
  • Heckler & Koch GmbH
  • Herstal SA
  • Orbital ATK, Inc.
  • Ruger guns
  • Small arms investigation (Sturm)
  • Smith & Wesson

3. MARKET TRENDS AND FACTORS

  • Military modernization programs increase prospects
  • Strong demand in vertical law enforcement
  • A healthy trajectory in the arms trade support market
  • Technological advancements and improvements expand the addressable market
  • United Nations Arms Trade Treaty (ATT): An Overview
  • Concerns over the oversupply of small arms: a major challenge
  • The diversion of small arms and its impact on the small arms market
  • Growing use in violent activity amplifies concerns over small arms diversion

4. WORLD MARKET PERSPECTIVE

  • Current and Future Global Analysis of Small Arms by Geography – Independent Analysis of Annual Sales in Millions of US Dollars for the Years 2020 to 2027 and% CAGR
  • Global 15-Year Perspective for Small Arms by Geographic Region – Percentage Distribution of Sales in Value for Years 2012, 2020 and 2027
  • Global 15-year perspective for the military by geographic region – Percentage distribution of sales in value for the years 2012, 2020 and 2027
  • 15-year global perspective for law enforcement by geographic region – Percentage distribution of sales in value for the years 2012, 2020 and 2027
  • Global 15-year perspective for other end-uses by geographic region – Percentage distribution of sales in value for years 2012, 2020 and 2027
  • Global 15 Year Outlook for Guns by Geographic Region – Percentage Distribution of Sales Value for Years 2012, 2020 and 2027
  • 15-year global perspective for revolvers by geographic region – Percentage distribution of sales in value for the years 2012, 2020 and 2027
  • Global 15-year perspective for rifle by geographic region – Percentage distribution of sales in value for the years 2012, 2020 and 2027
  • Global 15 Year Outlook for Machine Guns by Geographic Region – Percentage Distribution of Sales Value for Years 2012, 2020 and 2027
  • Global 15 Year Outlook for Shotguns by Geographic Region – Percentage Distribution of Sales in Value for Years 2012, 2020 and 2027
  • Global 15-year perspective for other types by geographic region – Percentage distribution of sales in value for the years 2012, 2020 and 2027

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

  • Total number of profiled companies: 47

For more information on this report, visit https://www.researchandmarkets.com/r/3p0y3m

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SOURCE Research and Markets

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