Small Arms Market is Projected to Increase at a CAGR of 4.8% Through 2025-2029

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The Business Research Company’s Small Arms Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034

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What Is The Projected Market Size & Growth Rate Of The Small Arms Market?
The market size of small arms has experienced significant growth in the recent past. It is projected to elevate from $8.87 billion in 2024 to $9.32 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.1%. The growth observed in the historical period can be traced back to the rising popularity of shooting sports and recreational hunting. In addition, other factors are increased government efforts towards military modernization, a surge in terrorist activities and insurgencies, the pressing need for revamping law enforcement agencies, and an uptick in the acquisition of small arms by private security agencies.

The market size for small arms is projected to witness consistent growth in the coming years. It is anticipated to rise to $11.25 billion in 2029 with a 4.8% CAGR. The growth during the forecast period can be linked to factors such as increased global defense spending, a surge in demand for personal protection firearms among civilians, an escalation in geopolitical tensions and regional conflicts, wider acceptance of modernized small arms by the military, and an increasing need for lightweight and modular weapons. Key trends in the forecast period encompass progress in lightweight materials for improved weapon mobility, creation of modular weapon systems for versatile operations, enhancements in recoil reduction technologies, incorporation of biometric and RFID-based user verification systems, and advancements in precision engineering and manufacturing processes.

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What Is The Crucial Factor Driving The Global Small Arms Market?
The escalating levels of terrorist threats are anticipated to fuel the expansion of the small arms market. Such threats, often stemmed from political instability, are premeditated signs of violence aimed at promoting fear and furthering extremist pursuits. The growth of extremist factions and the execution of their attacks are facilitated by this instability. Small arms, due to their quick deployment and excellent mobility, are crucial for defense and security units addressing these threats. They facilitate swift and accurate responses in high-stakes situations, thereby bolstering public security and the effectiveness of counterterrorism measures. For instance, as reported by the US-based Institute for Economics & Peace in March 2023, the average fatalities per terrorist attack increased to 1.7 in 2022, a rise from 1.3 deaths in 2021. Consequently, these escalating terrorist threats are contributing to the expansion of the small arms market.

Who Are The Emerging Players In The Small Arms Market?
Major players in the Small Arms Global Market Report 2025 include:
• Thales Group
• Smith & Wesson Brands Inc.
• SIG Sauer GmbH & Co. KG
• Sturm, Ruger & Co. Inc.
• FN Browning Group
• Heckler & Koch GmbH
• Colt’s Manufacturing Company LLC
• GLOCK Ges.m.b.H.
• Fabbrica d'Armi Pietro Beretta S.p.A.
• Accuracy International Ltd.

What Are The Key Trends Shaping The Small Arms Industry?
The small arms market is witnessing a shift towards the development of technologically advanced solutions by major participating firms. These advanced solutions include computer-aided small arms systems enhancing target accuracy, bolstering situational awareness, and integrating seamlessly with modern battlefield networks. Essentially, a computerized small arms system is a firearm that is equipped with digital technologies such as electronic targeting, fire control systems, real-time data collection, and communication capabilities. For example, in April 2024, Israel Weapon Industries Ltd., a company based in Israel that specializes in the production of arms, introduced a new system named Arbel. This system enhances lethality, accuracy, and survivability up to threefold, enabling soldiers to accurately hit transient targets and diminishing errors even when under stress or fatigue. Furthermore, it ensures efficient use of ammunition and decreases the need for intensive training, while maintaining the weapon's full functionality even when the computerized system is compromised.

What Segments Are Covered In The Small Arms Market Report?
The small arms market covered in this report is segmented –

1) By Type: Pistol, Revolver, Rifles, Shotgun, Machine Gun, Other Types
2) By Firing System: Gas-Operated, Recoil-Operated, Manual
3) By Mode Of Operation: Semi-Automatic, Automatic
4) By Technology: Guided, Unguided
5) By End Use Sector: Defense, Military, Law Enforcement, Civil And Commercial, Sporting, Hunting, Self-defense, Other End Use Sectors

Subsegments:
1) By Pistol: Semi-Automatic Pistols, Automatic Pistols, Single-Shot Pistols
2) By Revolver: Single-Action Revolvers, Double-Action Revolvers
3) By Rifles: Bolt-Action Rifles, Automatic Rifles, Semi-Automatic Rifles
4) By Shotgun: Pump-Action Shotguns, Double-Barrel Shotguns, Semi-Automatic Shotguns
5) By Machine Gun: Light Machine Guns (Lmg), Heavy Machine Guns (Hmg), Medium Machine Guns (Mmg)
6) By Other Types: Submachine Guns, Carbines, Assault Rifles

View the full small arms market report:
https://www.thebusinessresearchcompany.com/report/small-arms-global-market-report

Which Region Is Projected To Hold The Largest Market Share In The Global Small Arms Market?
In 2024, North America led the small arms market, and by 2025, Asia-Pacific is projected to experience the most rapid growth. The Small Arms Global Market Report 2025 includes comprehensive data on several regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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