Pune, Maharashtra -- (SBWIRE) -- 01/20/2020 -- Military Small Arms Market 2020

Description: -

The increase in insurgency and the increase in terrorist incidents within the country have acted as key drivers in the Military Small Arms Market. It is estimated that there are more than 1 billion Small Arms, Globally, including the Civilian sector. A major portion of the Civilian Arms account to unregistered arms which in turn leads to unprovoked violence. There have been around 277 incidents, which have been reported between 2000 to 2018 in which around 884 were killed and 1,546 were wounded.

In case of US, the Government empowered the Homeland Security with Military grade weapons to curtail the growing risk of gun violence. The exponential increase of violence combined with the pressure to curtail such incidents and militarization of the Police forces have led to the use of extreme aggression by the police forces, in specific cases. The total Global Market for Military Small Arms is estimated at around USD 6.29 billion in 2020 and the market is expected to grow to USD 7.59 billion by 2028.

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Major Key Players

Orbital ATK
Smith and Wesson Corporation
Sturm and Ruger Corporation
Freedom Group
General Dynamics Ordnance and Tactical system
Colt's Manufacturing LLC
Heckler and Koch
Beretta Holding S.P.A
Glock GES

A global market is a large sector with several regions competing against each other for a huge chunk of the market share. In a market that has been existing for several years and having several prominent players, new entrants entering the market must first understand whether they can survive there. An extensive study was conducted to understand the global Military Small Arms market and where each key player stands. Several factors were taken into consideration before the study. The key players, investment, and their revenue share over the years were also considered for the study. More focus was given to product positioning, product sales, product revenue and product category to effectively understand the Military Small Arms market.

The effectiveness of the marketing strategies adopted by key players were also considered for the study. The marketing strategies were considered to understand whether the changing market, fluctuation in demand and supply, introduction of technology and other factors had any effect on the marketing strategies. The study revealed that the global Military Small Arms market has seen a lot of fluctuations between 2020 and 2026 owing to several factors. The forecast for the Military Small Arms market shows a steady growth for the years to come.

Market Segmentation

The global Military Small Arms market was segmented into key players in the market, product type, materials used, end users, product application, and geography for the purpose of the study. The key players were further segmented into global, regional and country-level players, their revenue, and market share. It was important to segment the Military Small Arms market based on their market share to understand the fluctuations that are affecting individual companies. It was found that there were several external factors that influenced a company's market share globally, and regionally.

Regional Analysis

On the basis of region, the global Military Small Arms market was segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The Americas was once the market leader with a major share of the market. Owing to high demand for the products and services of Military Small Arms market, the global Military Small Arms market is presently dominated by UK, and France in Europe. Europe had the largest part of the market share followed by China, India, Japan and the rest of Asia Pacific. The study showed that the drastic change in the increased market share of Europe and Asia Pacific is due to the increased investment in technology and infrastructure.

Drivers and Risks

The increased cost of materials, lack of standardization, limitation of product size, limited process control, and government policies may hinder the growth of global Military Small Arms market in the years to come. Thought competitive market offers a lot of scope for growth, increased cost of production is a factor that is driving away new entrants and investment. But as several key players are willing to invest in technology, the chances of loss are reduced drastically.

Research Methodology

For the purpose of the study, we used the BCG matrix to understand the market growth-share. The BC matrix helped to understand the growth opportunities for Military Small Arms Market for the years to come. It also helped formulate strategic planning for the forecast period and showed where investment must be made. The study revealed that even with increase in production cost, there is a potential for growth in the market share even for new entrants who embrace technology.

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Table of Contents – Major Key Points

1 Introduction

2 Executive Summary

3 Current Market Overview in the Global Military Small Arms Market

4 Market Segmentation

5 Market Analysis

6 Country Analysis

7 Market Forecast Global Small Arms Market to 2028

8 Market Forecast Global Military Small Arm By Operation Market to 2028

Continued….

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