The Guns and Ammunition Manufacturing industry has experienced increased volatility over the past five years. As the US military began to withdraw from the Middle East and Congress sought to address deficit spending, federal funding for defense dropped, greatly tempering overall revenue growth. In addition, fears of greater gun control subsided in 2014 after a series of measures proposed by the Obama administration failed in the Senate, including a ban on assault weapons. The subsequent combination of falling military and consumer spending caused revenue to fall. The industry's trajectory over the next five years will largely depend on US defense spending and perceptions about the future of firearms legislation. The industry is expected to grow in a more tempered fashion as consumer demand eventually begins to normalize. Increased military spending on industry products will also help bolster revenue growth.
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.