The Guns and Ammunition Manufacturing industry has experienced increased volatility over the past five years. The industry experienced aggressive revenue growth in the years after the recession as fears of more restrictive gun control laws overrode consumers' financial constraints. The industry's trajectory over the next five years will largely depend on US defense spending and perceptions about the future of firearms legislation. While revenue grew substantially over the past five years, it is forecast to move more in line with historical growth rates as consumer demand eventually begins to normalize. Nonetheless, increased military spending on industry products will help bolster industry growth, despite overall spending remaining below levels experienced in 2012. Moreover, industry operators will increasingly depend on exports for expansion.
This industry manufactures small arms (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers), and ammunition, ordnance and accessories.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.