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Small Arms Market

Small Arms Market Analysis Report 2025: Market to Grow by a CAGR of 19.12 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Small Arms Market by Type (Handgun, Rifles, Shotgun), by Application (Defense, Homeland Security, Self-Defense, Sports, Hunting, Law Enforcement), by North America (U.S., Canada) Forecast 2026-2034

Jun 17 2025

Base Year: 2025

150 Pages

Small Arms Market Analysis Report 2025: Market to Grow by a CAGR of 19.12 to 2033, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Key Insights

The Small Arms Market size was valued at USD 8.53 USD Billion in 2023 and is projected to reach USD 29.03 USD Billion by 2032, exhibiting a CAGR of 19.12 % during the forecast period. Handguns are specialized weapons that anyone can use for self-defense and recreation. People in the military and law enforcement use small arms to refer to a variety of weapons such as rifles, shotguns, pistols, and the like. Guns are mostly used in sporting events, hunting, and self-defense, and the market is expected to grow rapidly in the future. Governments around the world have established restrictions and guidelines on the purchase and use of small arms. The proliferation of handguns in sporting events and the growing demand for self-defense handguns are major factors in the global growth of handguns. Several companies are working to build smart weapons that improve operational accuracy, efficiency and reliability. To prevent unauthorized users, smart guns are equipped with fingerprint sensors, RFID chips, biometric sensors and other advanced technologies. Authorized users help prevent criminal activity and violence using only smart weapons. When the biometric sensors recognize a fingerprint, handle or palm print, the weapon is activated. In the future, the market is expected to grow in demand for smart guns due to advanced features such as quick access, fingerprint recognition, long battery life and more.

Small Arms Trends

Increasing civilian demand for self-defense weapons
Growing adoption of small arms in law enforcement and homeland security
Technological advancements in firearm design and functionality

Small Arms Market Market Size and Forecast (2024-2030) — Small Arms Market Company Market Share

Driving Forces: What's Propelling the Small Arms Market

Heightened concern over personal safety and security
Proliferating conflicts and terrorism incidents
Technological advancements improving firearm accuracy and efficiency

Challenges and Restraints in Small Arms Market

Stringent regulations on firearm ownership and licensing in many countries
Public discourse and concerns surrounding gun violence and mass shootings
Increasing competition from non-lethal self-defense alternatives, such as pepper sprays and stun guns
Economic downturns and fluctuations impacting consumer spending on discretionary items like firearms
Geopolitical uncertainties and conflicts potentially affecting supply chains and production

Emerging Trends in Small Arms

Rise of non-lethal firearms for law enforcement and riot control
Development of "smart" firearms with features like biometric recognition
Adoption of advanced manufacturing techniques, such as 3D printing

Growth Catalysts in Small Arms Industry

Surging Demand for Self-Defense and Personal Protection: A significant rise in demand for firearms for self-defense and personal protection is being observed in various regions globally, driven by factors such as escalating crime rates and perceived threats to personal safety. This fuels both civilian and law enforcement purchases.
Enhanced Focus on Responsible Firearm Ownership: Growing emphasis on responsible firearm ownership and handling through improved education and training programs is contributing to market growth. This increased awareness leads to higher rates of safe and legal firearm acquisition.
Technological Innovations Driving Advancement: Continuous technological advancements in firearm design, materials science (e.g., lighter and stronger polymers), and optic integration are creating more efficient, accurate, and user-friendly firearms, attracting both novice and experienced users.
Expanding Shooting Sports and Recreational Activities: The popularity of shooting sports, including competitive shooting and recreational target practice, continues to expand. This fuels demand for various types of firearms, ammunition, and associated accessories.
Robust Government Procurement and Military Contracts: Government procurement and contracts for homeland security and military applications represent a substantial driver of market growth. These large-scale orders from defense forces worldwide stimulate production and innovation within the small arms industry.
Increasing Prevalence of Armed Conflicts and Civil Unrest: In regions experiencing instability, the demand for small arms for both military and civilian self-defense purposes often sees significant increases. This creates a complex interplay of factors influencing market dynamics.

Market Segmentation: Small Arms Analysis

Type:

Handgun
Rifles
Shotgun

Application:

Defense and Homeland Security
Self-Defense
Sports
Hunting
Law Enforcement

Leading Players in the Small Arms Market

Kalashnikov Group (Russia)
Smith & Wesson Brands Inc. (U.S.)
Sturm, Ruger & Co., Inc. (U.S.)
Heckler & Koch GmbH (Germany)
American Outdoor Brands Corporation (U.S.)
Glock Ges.m.b.H. (Austria)
Remington Arms Compant LLC (U.S.)
Colts Manufacturing LLC (U.S.)
FN Herstal (Belgium)
Israel Weapons Industries (Israel)

Significant developments in Small Arms Sector

Launch of new firearm models with enhanced features
Partnerships and mergers between leading manufacturers
Government investments in advanced small arms technology

Comprehensive Coverage Small Arms Market Report

The Small Arms Market report provides a comprehensive analysis of the industry, including drivers, restraints, market segmentation, competitive landscape, and emerging trends.

Regional Insight

Regionally, the small arms market is segmented into North America, Europe, Asia-Pacific, MEA, and Latin America. North America continues to hold a significant market share due to a strong culture of firearm ownership, hunting, and recreational shooting. Europe also has a notable presence, driven by factors such as military and law enforcement procurement, sporting activities, and a growing civilian market. Asia-Pacific is projected to witness significant growth in the coming years due to rising population, increasing disposable income, and emerging markets for self-defense and hunting firearms.

Small Arms Market Market Share by Region - Global Geographic Distribution — Small Arms Market Regional Market Share

Geographic Coverage of Small Arms Market

Higher Coverage

Lower Coverage

No Coverage

Small Arms Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2020-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2020-2025
Growth Rate	CAGR of 19.12% from 2020-2034
Segmentation	By Type Handgun Rifles Shotgun By Application Defense Homeland Security Self-Defense Sports Hunting Law Enforcement By Geography North America U.S. Canada

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Rising Demand for Satellite Communication Equipment Due to Growing Space Exploration Programs Will Aid Market Growth
- - 3.3. Market Restrains
  - - 3.3.1 Small Arms Purchase is Governed by Various Causes such as Economic
    - 3.3.2 Legal
    - 3.3.3 and Political Rules
- - 3.4. Market Trends
  - - 3.4.1. Development of Small Satellite Constellations to Enhance Communication System
4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
5. Global Small Arms Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
  - 5.1.1. Handgun
  - 5.1.2. Rifles
  - 5.1.3. Shotgun
- 5.2. Market Analysis, Insights and Forecast - by Application
  - 5.2.1. Defense
  - 5.2.2. Homeland Security
  - 5.2.3. Self-Defense
  - 5.2.4. Sports
  - 5.2.5. Hunting
  - 5.2.6. Law Enforcement
- 5.3. Market Analysis, Insights and Forecast - by Region
  - 5.3.1. North America
6. Competitive Analysis
- 6.1. Global Market Share Analysis 2025
- - 6.2. Company Profiles
  - - 6.2.1 Kalashnikov Group (Russia)
      6.2.1.1. Overview
      6.2.1.2. Products
      6.2.1.3. SWOT Analysis
      6.2.1.4. Recent Developments
      6.2.1.5. Financials (Based on Availability)
    - 6.2.2 Smith & Wesson Brands Inc. (U.S.)
      6.2.2.1. Overview
      6.2.2.2. Products
      6.2.2.3. SWOT Analysis
      6.2.2.4. Recent Developments
      6.2.2.5. Financials (Based on Availability)
    - 6.2.3 Sturm Ruger & Co.
      6.2.3.1. Overview
      6.2.3.2. Products
      6.2.3.3. SWOT Analysis
      6.2.3.4. Recent Developments
      6.2.3.5. Financials (Based on Availability)
    - 6.2.4 Inc. (U.S.)
      6.2.4.1. Overview
      6.2.4.2. Products
      6.2.4.3. SWOT Analysis
      6.2.4.4. Recent Developments
      6.2.4.5. Financials (Based on Availability)
    - 6.2.5 Heckler & Koch GmbH (Germany)
      6.2.5.1. Overview
      6.2.5.2. Products
      6.2.5.3. SWOT Analysis
      6.2.5.4. Recent Developments
      6.2.5.5. Financials (Based on Availability)
    - 6.2.6 American Outdoor Brands Corporation (U.S.)
      6.2.6.1. Overview
      6.2.6.2. Products
      6.2.6.3. SWOT Analysis
      6.2.6.4. Recent Developments
      6.2.6.5. Financials (Based on Availability)
    - 6.2.7 Glock Ges.m.b.H. (Austria)
      6.2.7.1. Overview
      6.2.7.2. Products
      6.2.7.3. SWOT Analysis
      6.2.7.4. Recent Developments
      6.2.7.5. Financials (Based on Availability)
    - 6.2.8 Remington Arms Compant LLC (U.S.)
      6.2.8.1. Overview
      6.2.8.2. Products
      6.2.8.3. SWOT Analysis
      6.2.8.4. Recent Developments
      6.2.8.5. Financials (Based on Availability)
    - 6.2.9 Colts Manufacturing LLC (U.S.)
      6.2.9.1. Overview
      6.2.9.2. Products
      6.2.9.3. SWOT Analysis
      6.2.9.4. Recent Developments
      6.2.9.5. Financials (Based on Availability)
    - 6.2.10 FN Herstal (Belgium)
      6.2.10.1. Overview
      6.2.10.2. Products
      6.2.10.3. SWOT Analysis
      6.2.10.4. Recent Developments
      6.2.10.5. Financials (Based on Availability)
    - 6.2.11 Israel Weapons Industries (Israel)
      6.2.11.1. Overview
      6.2.11.2. Products
      6.2.11.3. SWOT Analysis
      6.2.11.4. Recent Developments
      6.2.11.5. Financials (Based on Availability)

List of Figures

Figure 1: Global Small Arms Market Revenue Breakdown (USD Billion, %) by Region 2025 & 2033
Figure 2: North America Small Arms Market Revenue (USD Billion), by Type 2025 & 2033
Figure 3: North America Small Arms Market Revenue Share (%), by Type 2025 & 2033
Figure 4: North America Small Arms Market Revenue (USD Billion), by Application 2025 & 2033
Figure 5: North America Small Arms Market Revenue Share (%), by Application 2025 & 2033
Figure 6: North America Small Arms Market Revenue (USD Billion), by Country 2025 & 2033
Figure 7: North America Small Arms Market Revenue Share (%), by Country 2025 & 2033

List of Tables

Table 1: Global Small Arms Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 2: Global Small Arms Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 3: Global Small Arms Market Revenue USD Billion Forecast, by Region 2020 & 2033
Table 4: Global Small Arms Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 5: Global Small Arms Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 6: Global Small Arms Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 7: U.S. Small Arms Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 8: Canada Small Arms Market Revenue (USD Billion) Forecast, by Application 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders

Secondary Research

Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Small Arms Market ?

The projected CAGR is approximately 19.12%.

2. Which companies are prominent players in the Small Arms Market ?

Key companies in the market include Kalashnikov Group (Russia), Smith & Wesson Brands Inc. (U.S.), Sturm, Ruger & Co., Inc. (U.S.), Heckler & Koch GmbH (Germany), American Outdoor Brands Corporation (U.S.), Glock Ges.m.b.H. (Austria), Remington Arms Compant LLC (U.S.), Colts Manufacturing LLC (U.S.), FN Herstal (Belgium), Israel Weapons Industries (Israel).

3. What are the main segments of the Small Arms Market ?

The market segments include Type, Application.

4. Can you provide details about the market size?

The market size is estimated to be USD 8.53 USD Billion as of 2022.

5. What are some drivers contributing to market growth?

Rising Demand for Satellite Communication Equipment Due to Growing Space Exploration Programs Will Aid Market Growth.

6. What are the notable trends driving market growth?

Development of Small Satellite Constellations to Enhance Communication System.

7. Are there any restraints impacting market growth?

Small Arms Purchase is Governed by Various Causes such as Economic. Legal. and Political Rules.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD Billion.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Small Arms Market ," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Small Arms Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Small Arms Market ?

To stay informed about further developments, trends, and reports in the Small Arms Market , consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

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