Aerospace and Defense News | USA: Small Arms Market Growth

Tuesday, August 30, 2022

Small Arms Market Size and Analysis

The small arms market size is supposed to develop at a CAGR of 2.1% from 2020 to 2025. Factors, for example, the changing idea of fighting, the militarization of police powers, the rising rate of medication dealing and psychological oppressor exercises, and the modernization of military are driving elements helping the development of the small arms market.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=138024472

Key Market Players

The small arms market is overwhelmed by a couple of universally settled players like Colt's Manufacturing LLC (US), GLOCK Ges.m.b.H. (Austria), Smith and Wesson (US), Sturm, Ruger and Co., Inc. (US), Israel Weapons Industry (IWI) (US), Heckler and Koch Gmbh (Germany), Kalashnikov Group (Russia), and Èeská Zbrojovka a.s. (Czech Republic).

Fragments covered

By End-use Sector, By Caliber, By Type, By Firing System, By Action, By Cutting Type, By Technology

By End-use Sector

Defense
- Military
- Law Enforcement
Civil & Commercial
- Sporting
- Hunting
- Self-defense
- Others

By Caliber

9mm
5.56mm
7.62mm
12.7mm
14.5mm
Others

By Type

Pistol
Revolver
Rifles
Shotgun
Machine Gun
Others

By Cutting Type

Smooth bore
Threaded/Rifled

By Firing System

Gas-operated
Recoil-operated
Manual

By Technology

Guided
Unguided

Recent Developments
In May 2020, Colt Canada, an auxiliary of Colt's Manufacturing Company LLC, was granted an agreement by the Canadian Department of National Defense for the stock of 272 of the new C20 self loading rifle, which is depicted as an Intermediate Sniper Weapon with a 18-inch barrel.
In May 2020, Colt's Manufacturing Company LLC was granted a Joint Foreign Military Sales contract for M16A4 Rifles from the US Army. It is a five-year, IDIQ, firm-fixed-cost Foreign Military Sales (FMS) contract esteemed at USD 383 million.
In April 2020, FN America, a US auxiliary of the Herstal Group, was granted a USD 383 million unfamiliar military deal for M16A4 carbines through the US armed force. This advancement reinforced the ties between the US armed force and the organization.
In April 2020, Èeská zbrojovka a.s. gotten an agreement from the Czech Republic Army for the stock of 39,000 small arms estimated at USD 105 million roughly. Under this agreement, the military will get 16 thousand BREN 2 attack rifles, more than 21 thousand CZ P-10 guns, north of 1,600 CZ 805 G1 underslung explosive launchers, almost 100 CZ SCORPION PDWs, and preparing ammo. This agreement fortified the organization's drawn out attaches with the Czech Army.
In March 2020, Hecker and Koch was granted a USD 33 million agreement by the US Army Contracting Command for the stockpile of Compact Semi-Automatic Sniper Systems and Squad Designated Marksman Rifles. The Compact Semi-Automatic Sniper System, characterized by the Army as the M110A1 rifle, is a variation of the organization's G28 (HK241) stage loaded for 7.62 NATO ammo, while the Squad Designated Marksman Rifle is a variation of the HK-created M110A1. The US Army intends to acquire around 5,000 to 6,000 SDMRs to supplant altered M14 rifles utilized as assigned marksman rifles.
In March 2020, Israel Weapons Industry was granted a USD 117 million agreement by the Indian Ministry of Defense to supply 16,479 Negev NG7 light automatic weapons to supplant its maturing 7.62×54 R-loaded PKMs.
In February 2020, FN America a US auxiliary of the Herstal Group, was granted a USD 119 million agreement by the US Department of Defense north of five years for the stock of in excess of 167,000 M4 and M4A1 carbines.

Full Report @ https://www.marketsandmarkets.com/Market-Reports/small-arms-market-138024472.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Wednesday, August 24, 2022

Small Arms Market : Data Observatory (SADO)

From 2020 to 2025, the Small Arms market is anticipated to increase with a CAGR of 2.1%. The upgrading of military forces, the militarization of police forces, the rise of drug trafficking and terrorism, and the changing character of conflict are all significant causes to the increase of the small arms market.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=138024472

Trade in small arms and brokering

Any government that decides to export weapons and ammunition must understand the serious international responsibility it bears for each transfer it approves due to the massive destruction that they can create. On the other hand, a government that imports or purchases from domestic production must guarantee that it will only use these weapons to ensure the safety and security of its citizens and that it is capable of keeping all weapons and ammunition in its possession secure throughout their entire useful lives.

Small arms trade might be regarded as the least transparent of all weapon systems due to poor regulation. Small guns are too easily obtained by people who use them to violate international humanitarian or human rights legislation, or who divert them to the black market through theft, leakage, corruption, or pilferage, in many nations due to a lack of regulation and oversight.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=138024472

Destruction of the current arsenal. Small arms that are surplus, out-of-date, seized, surrendered, or otherwise withdrawn from circulation, whether from state arsenals, vanquished opponents, apprehended criminals, or civilian owners, should be destroyed. Although it would seem clear, many countries seem to have missed this point. They reduce their arsenal to cut costs or to adhere to international agreements, and then they try to sell the weapons for a profit either locally or internationally. Such a practise only redistributes the worldwide stockpile, shifting the threat from one community or nation to another, rather than lowering it. This was infamously illustrated by the end-of-cold-war fire sale of tens of millions of guns from former Soviet troops, which had disastrous effects on Africa.The Balkans are still home to this tradition. For instance, Bosnia still has more than 850 000 small guns from the conflict in the 1990s as of 2004. Since then, 100,000 (at most) have been destroyed, and many more have allegedly been transported to Afghanistan and Iraq, although those countries' officials are unable to specify where the weapons are.

In a variety of nations around the world, there has been an increase in the number of wars and conflicts in recent years. Afghanistan is in ruins as a result of the most recent political crisis, which started in August 2021. Future terrorist attacks and violent clashes within the nation are anticipated to increase, making the situation in neighbouring nations worse. The majority of the continuing conflicts and wars in the world are in the Middle East, North West Asia, and Sub-Saharan Africa, along with a significant drug war in Mexico. There are also numerous smaller-scale conflicts and wars in many other nations. All throughout the world, nations are investing in weaponry and ammunition to combat terrorism, block the entry of foreign troops, and quell anti-national acts.In addition, many people now carry firearms for self-defense as a result of last year's sad events in France and the United States. Over the forecast period, these factors are anticipated to drive the global small arms market forward.

Contracts and agreements with governmental and military organisations

The primary users of small weapons goods & services are law enforcement organisations. Planning for the acquisition of these firearms takes into account budgetary constraints and the level of security. Small arms solutions are expected to be implemented through long-term contracts and agreements between the defence department, law enforcement organisations, and solution providers. These agreements specify a list of conditions that must be fulfilled within a specific time limit. With these law enforcement organisations, these contracts and agreements are also linked to ongoing business opportunities. In order to obtain a competitive edge in the global market, market participants must concentrate on securing contracts and agreements.