Market Overview:
The global handguns market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising crime rates, increasing demand for self-defense weapons, and rising military expenditure across the globe. The global handguns market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into automatic pistols, semi-automatic pistols, and revolvers/single action pistols. Automatic pistols are further sub-segmented into full automatic and selective fire types. On the basis of application, civilian use accounts for majority share in terms of revenue followed by military & armed forces and enforcing authorities segments respectively.
Product Definition:
A handgun is a firearm designed to be held and operated with one hand. The importance of handguns vary from country to country. In some countries, such as the United States, handguns are widely used for self-defense, hunting, law enforcement, and sporting purposes.
Automatic:
Automatic is a term used for any tool that fires bullets, bolts or other projectiles by the force of impact rather than requiring a manual trigger pull. The automatic hand gun market size was valued at USD 14.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period, to reach USD 20.0 billion by 2022.
The increasing number of attacks worldwide has driven law enforcement.
Semi-automatic:
Semi-automatic handguns are guns that can be switched from one position to another by a lever or a switch. They fire one bullet at a time with the help of an internal magazine and they require two hands to operate. Semi-automatic handguns are more accurate as compared to revolvers as their trigger pull is lighter; however, they have less accuracy than automatic weapons due to slow rate of fire.
Application Insights:
The civilian application segment dominated the global handgun market in 2017, accounting for over 70.0% share of the total revenue. The growth can be attributed to rising demand from countries, such as Brazil, Mexico, and India; where civilian gun ownership is permitted. In addition, a large number of handguns are imported into these three countries owing to weak laws regarding restrictions on firearms possession and usage.
The military & armed forces application segment accounted for 29.0% share of the global revenue in 2017 due to increasing government expenditure on military modernization programs across various developing and developed nations alike including Russia China France UK etcetera). Furthermore growing cross-border terrorism has resulted in increased defense expenditure by governments which further fuels demand for handguns across various regions globally (North America Latin America Europe Asia Pacific Middle East & Africa).
Handguns are widely used by law enforcement agencies worldwide due to their effectiveness against criminals coupled with ease of use.
Regional Analysis:
North America dominated the global handgun market in 2017, with a revenue share of over 35.0%. The growth is attributed to the presence of major manufacturers such as Beretta U.S., Glock Inc., and Smith & Wesson Holding Corporation. In addition, high demand for handguns due to rising crime rate and terrorist activities has led to an increase in production by various companies within this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand from countries such as India, China, Philippines, South Korea among others which are experiencing economic development.
Growth Factors:
- Increasing crime rates: The increasing crime rates are one of the primary growth drivers for the handguns market. According to a study by the Federal Bureau of Investigation (FBI), in 2016, there was an increase in both violent crimes and property crimes across the U.S., compared with 2015 data. This is expected to drive demand for handguns as consumers seek to protect themselves and their property from criminals.
- Rising gun ownership rates: A key factor driving demand for handguns is rising gun ownership rates across developed countries such as the U.S., Canada, and Australia, where firearms are seen as a means of self-defense against criminal activity or terrorism threats. In addition, many hunters use handguns for sport shooting activities such as hunting small game or varmints at close range; this is also contributing to rising demand for these firearms products..
- there was a sharp rise in applications by civilians seeking permits to own firearms – including pistols –for self-
Scope Of The Report
Report Attributes
Report Details
Report Title
Handguns Market Research Report
By Type
Automatic, Semi-automatic, Manual
By Application
Civilian, Military And Armed Forces, Enforcing Authority
By Companies
Browning, Colt, FN Herstal, Glock, Heckler & Koch AG, Israel Weapon Industries (IWI) LTD, Kalashnikov, Sig Sauer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Handguns Market Report Segments:
The global Handguns market is segmented on the basis of:
Types
Automatic, Semi-automatic, Manual
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civilian, Military And Armed Forces, Enforcing Authority
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Browning
- Colt
- FN Herstal
- Glock
- Heckler & Koch AG
- Israel Weapon Industries (IWI) LTD
- Kalashnikov
- Sig Sauer
Highlights of The Handguns Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic
- Semi-automatic
- Manual
- By Application:
- Civilian
- Military And Armed Forces
- Enforcing Authority
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Handguns Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Handguns are firearms that use cartridges loaded with small balls, or projectiles, to fire a number of rounds.
Some of the major companies in the handguns market are Browning, Colt, FN Herstal, Glock, Heckler & Koch AG, Israel Weapon Industries (IWI) LTD, Kalashnikov, Sig Sauer.
The handguns market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Handguns Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Handguns Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Handguns Market - Supply Chain
4.5. Global Handguns Market Forecast
4.5.1. Handguns Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Handguns Market Size (000 Units) and Y-o-Y Growth
4.5.3. Handguns Market Absolute $ Opportunity
5. Global Handguns Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Handguns Market Size and Volume Forecast by Type
5.3.1. Automatic
5.3.2. Semi-automatic
5.3.3. Manual
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Handguns Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Handguns Market Size and Volume Forecast by Application
6.3.1. Civilian
6.3.2. Military And Armed Forces
6.3.3. Enforcing Authority
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Handguns Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Handguns Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Handguns Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Handguns Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Handguns Demand Share Forecast, 2019-2026
9. North America Handguns Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Handguns Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Handguns Market Size and Volume Forecast by Application
9.4.1. Civilian
9.4.2. Military And Armed Forces
9.4.3. Enforcing Authority
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Handguns Market Size and Volume Forecast by Type
9.7.1. Automatic
9.7.2. Semi-automatic
9.7.3. Manual
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Handguns Demand Share Forecast, 2019-2026
10. Latin America Handguns Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Handguns Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Handguns Market Size and Volume Forecast by Application
10.4.1. Civilian
10.4.2. Military And Armed Forces
10.4.3. Enforcing Authority
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Handguns Market Size and Volume Forecast by Type
10.7.1. Automatic
10.7.2. Semi-automatic
10.7.3. Manual
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Handguns Demand Share Forecast, 2019-2026
11. Europe Handguns Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Handguns Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Handguns Market Size and Volume Forecast by Application
11.4.1. Civilian
11.4.2. Military And Armed Forces
11.4.3. Enforcing Authority
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Handguns Market Size and Volume Forecast by Type
11.7.1. Automatic
11.7.2. Semi-automatic
11.7.3. Manual
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Handguns Demand Share, 2019-2026
12. Asia Pacific Handguns Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Handguns Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Handguns Market Size and Volume Forecast by Application
12.4.1. Civilian
12.4.2. Military And Armed Forces
12.4.3. Enforcing Authority
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Handguns Market Size and Volume Forecast by Type
12.7.1. Automatic
12.7.2. Semi-automatic
12.7.3. Manual
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Handguns Demand Share, 2019-2026
13. Middle East & Africa Handguns Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Handguns Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Handguns Market Size and Volume Forecast by Application
13.4.1. Civilian
13.4.2. Military And Armed Forces
13.4.3. Enforcing Authority
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Handguns Market Size and Volume Forecast by Type
13.7.1. Automatic
13.7.2. Semi-automatic
13.7.3. Manual
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Handguns Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Handguns Market: Market Share Analysis
14.2. Handguns Distributors and Customers
14.3. Handguns Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Browning
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Colt
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FN Herstal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Glock
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Heckler & Koch AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Israel Weapon Industries (IWI) LTD
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kalashnikov
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sig Sauer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
