Small Arms Market in the US 2015-2019
About Small Arms Market in the US
Small arms and light weapons refer to small and lightweight weapons that can be operated by an individual. They usually include revolvers, pistols, rifles, submachine guns, light machine guns, heavy machine guns, grenade launchers, portable anti-aircraft guns, portable anti-tank guns, and mortars.
TechNavio's analysts forecast the Small Arms market in the US to grow at CAGRs of 7.90 and 7.98 percent respectively, in terms of revenue and unit production, over the period 2014-2019.
Covered in this Report
This report covers the current market scenario and growth prospects of the Small Arms Market in the US for the period 2015-2019. It presents the overview of the US market and the market share by key regions in the US. This report presents the market segmentation in terms of products (pistols, revolvers, rifles, and shotguns), and also includes a market share analysis based on end-users. It also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market. In addition, the report discusses the major drivers that are influencing the growth of the market and also outlines the challenges faced by the vendors and the market at large and key trends that are emerging in the market.
TechNavio's report, the Small Arms Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Key Leading Regions
TechNavio Announces the Publication of its Research Report – Small Arms Market in the US 2015-2019
TechNavio recognizes the following companies as the key players in the Small Arms Market in the US: Alliant Techsystems, Heckler & Koch and Smith & Wesson.
Other Prominent Vendors in the market are: Armalite, Arms Tech, Browning Arms, Bushmaster Firearms, Cobra Firearms, Colt's Manufacturing, E.R. Shaw, Freedom Arms, Glock, Remington and Sturm, Ruger
Commenting on the report, an analyst from TechNavio’s team said: “Developments in small arms technology are one of the key trends in the market providing numerous options in small arms. There have been many new developments in the manufacture of small arms and light weapons. For instance, programs such as LSAT, a US military project, aim to significantly reduce the weight of small arms and the ammunition used in them.”
According to the report, one of the major drivers of the Small Arms market in the US is the ease of availability of small arms. With the rise in crime and violence, the use of small arms by civilians for self-defense is increasing. In addition, small arms are also economical and have thus become the weapon of choice for civilians and law enforcement agencies.
Further, the report states that one of the main challenges in the market includes arms control measures, which have introduced strict laws on the production, circulation, and use of weapons. Also, the illicit trafficking of small arms is widespread, resulting in illegal sales of small arms in the black market, which, in turn, affects the Organized Small Arms market.
Alliant Techsystems, Heckler & Koch, Smith & WessonOther Prominent Vendors, Armalite, Arms Tech, Browning Arms , Bushmaster Firearms, Cobra , Colt Manufacturing , E.R. Shaw, Freedom Arms, Glock, Remington, Sturm, Ruger , Ease of Availability and Low Cost ofSmall Arms, For a full, detailed list, view our report