Global Rifles Market Size & Outlook, 2024-2030
Global rifles market, 2018-2030 (US$M)
Global rifles market highlights
- The global rifles market generated a revenue of USD 5,438.7 million in 2023 and is expected to reach USD 7,451.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.6% by 2030.
- In terms of segment, assault rifles accounted for a revenue of USD 5,438.7 million in 2023.
- Assault Rifles is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 5,438.7 million |
| Market revenue in 2030 | USD 7,451.0 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Assault rifles |
| Fastest growing segment | Assault Rifles |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Assault Rifles |
Other key industry trends
- In terms of revenue, the North America accounted for 13.2% of the global rifles market in 2023.
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Rifles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CheyTac | View profile | 11-50 | https://cheytacrifles.com/ | |
| O.F. Mossberg and Sons | View profile | 101-250 | North Haven, Connecticut, United States, North America | https://www.mossberg.com |
| Heckler & Koch | View profile | 501-1000 | Rottweil, Baden-Wurttemberg, Germany, Europe | http://www.heckler-koch.com/ |
| Smith & Wesson Holding | View profile | 1001-5000 | Springfield, Massachusetts, United States, North America | http://www.smith-wesson.com/ |
| SIG SAUER | View profile | 11-50 | Eckernförde, Schleswig-Holstein, Germany, Europe | https://sigsauer.de/ |
| Barrette Outdoor Living | View profile | 1001-5000 | Middleburg, Ohio, United States, North America | http://www.barretteoutdoorliving.com/ |
| Springfield Group | View profile | 251-500 | Accra, Greater Accra, Ghana, Africa | https://www.springfieldgroup.com/ |
| FN Herstal | View profile | 1001-5000 | Herstal, Liege, Belgium, Europe | https://www.fnherstal.com/ |
| Browning | View profile | 501-1000 | Morgan, Utah, United States, North America | http://www.browning.com |
| Sturm Ruger & Co Inc | View profile | 1880 | 1 Lacey Place, Southport, CT, United States, 06890 | http://www.ruger.com |
Global rifles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rifles market will help companies and investors design strategic landscapes.
Assault rifles was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global rifles market based on assault rifles covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Rifles Product Outlook (Revenue, USD Million, 2018-2030)
- Others
- Assault Rifles
- Designated Marksman Rifles
- Light Machine Guns
- General-purpose Machine Guns
- Global Rifles Firing Outlook (Revenue, USD Million, 2018-2030)
- Automatic
- Semi-automatic
- Non-automatic
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Our clientele includes a mix of rifles market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global rifles market , including forecasts for subscribers. This global databook contains high-level insights into Global rifles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global rifles market size, by regions, 2018-2030 (US$M)
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