Product Code: ETC087643 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India small arms marketis expected to witness robust growth over the forecast period. This can be attributed to a number of factors, such as the increasing demand for firearms from India security forces and law enforcement agencies; the rising concerns over terrorism and organized crime; and the growing population of gun enthusiasts who are purchasing firearms for recreational shooting activities. Additionally, with an increase in production capacity, coupled with government initiatives encouraging local manufacturing units, will further fuel growth of this sector.
The major driver influencing growth in the small arms market in India is increased demand from India security forces and law enforcement agencies for weapons due to rising terrorism threats within its borders. Furthermore, the rise in disposable income has led to an increase in recreational shooting activities amongst individuals across all age groups which has also helped drive up sales volumes. The government???s Make In India policy incentivizing domestic manufacturers has also created numerous opportunities for companies operating within this space that are now able to manufacture quality weapons at competitive prices points making them more attractive options compared to foreign competitors.
While there have been some positive developments taking place within this industry recently, there remain several challenges hindering its overall development including stringent regulations governing firearm ownership along with implementation of various safety protocols associated during production processes which often push up costs significantly thus impacting profitability margins severely. Furthermore, high taxation rates imposed on export products further add additional financial burden on firms operating domestically thereby hampering their ability compete against international players resulting into smaller market share held by indigenous vendors.
Some of key players dominating small arms markets include OFB (Ordnance Factory Board), Bharat Forge Limited (BFL), Gun Carriage Factory Jabalpur (GCFJ), Larsen & Toubro Ltd., Walther Arms Inc., Beretta Group etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Small Arms Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Small Arms Market Revenues & Volume, 2020 & 2027F |
3.3 India Small Arms Market - Industry Life Cycle |
3.4 India Small Arms Market - Porter's Five Forces |
3.5 India Small Arms Market Revenues & Volume Share, By Action, 2020 & 2027F |
3.6 India Small Arms Market Revenues & Volume Share, By Technology, 2020 & 2027F |
3.7 India Small Arms Market Revenues & Volume Share, By Firing System, 2020 & 2027F |
3.8 India Small Arms Market Revenues & Volume Share, By Cutting Type, 2020 & 2027F |
3.9 India Small Arms Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.10 India Small Arms Market Revenues & Volume Share, By Caliber, 2020 & 2027F |
3.11 India Small Arms Market Revenues & Volume Share, By End-use Sector, 2020 & 2027F |
4 India Small Arms Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Small Arms Market Trends |
6 India Small Arms Market, By Types |
6.1 India Small Arms Market, By Action |
6.1.1 Overview and Analysis |
6.1.2 India Small Arms Market Revenues & Volume, By Action, 2018 - 2027F |
6.1.3 India Small Arms Market Revenues & Volume, By Semi-automatic, 2018 - 2027F |
6.1.4 India Small Arms Market Revenues & Volume, By Automatic, 2018 - 2027F |
6.2 India Small Arms Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Small Arms Market Revenues & Volume, By Guided, 2018 - 2027F |
6.2.3 India Small Arms Market Revenues & Volume, By Unguided, 2018 - 2027F |
6.3 India Small Arms Market, By Firing System |
6.3.1 Overview and Analysis |
6.3.2 India Small Arms Market Revenues & Volume, By Gas-operated, 2018 - 2027F |
6.3.3 India Small Arms Market Revenues & Volume, By Recoil-operated, 2018 - 2027F |
6.3.4 India Small Arms Market Revenues & Volume, By Manual, 2018 - 2027F |
6.4 India Small Arms Market, By Cutting Type |
6.4.1 Overview and Analysis |
6.4.2 India Small Arms Market Revenues & Volume, By Smooth bore, 2018 - 2027F |
6.4.3 India Small Arms Market Revenues & Volume, By Threaded/Rifled, 2018 - 2027F |
6.5 India Small Arms Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 India Small Arms Market Revenues & Volume, By Pistol, 2018 - 2027F |
6.5.3 India Small Arms Market Revenues & Volume, By Revolver, 2018 - 2027F |
6.5.4 India Small Arms Market Revenues & Volume, By Rifles, 2018 - 2027F |
6.5.5 India Small Arms Market Revenues & Volume, By Shotgun, 2018 - 2027F |
6.5.6 India Small Arms Market Revenues & Volume, By Machine Gun, 2018 - 2027F |
6.5.7 India Small Arms Market Revenues & Volume, By Others, 2018 - 2027F |
6.6 India Small Arms Market, By Caliber |
6.6.1 Overview and Analysis |
6.6.2 India Small Arms Market Revenues & Volume, By 9mm, 2018 - 2027F |
6.6.3 India Small Arms Market Revenues & Volume, By 5.56mm, 2018 - 2027F |
6.6.4 India Small Arms Market Revenues & Volume, By 7.62mm, 2018 - 2027F |
6.6.5 India Small Arms Market Revenues & Volume, By 12.7mm, 2018 - 2027F |
6.6.6 India Small Arms Market Revenues & Volume, By 14.5mm, 2018 - 2027F |
6.6.7 India Small Arms Market Revenues & Volume, By Others, 2018 - 2027F |
6.7 India Small Arms Market, By End-use Sector |
6.7.1 Overview and Analysis |
6.7.2 India Small Arms Market Revenues & Volume, By Defense, 2018 - 2027F |
6.7.3 India Small Arms Market Revenues & Volume, By Civil & Commercial, 2018 - 2027F |
7 India Small Arms Market Import-Export Trade Statistics |
7.1 India Small Arms Market Export to Major Countries |
7.2 India Small Arms Market Imports from Major Countries |
8 India Small Arms Market Key Performance Indicators |
9 India Small Arms Market - Opportunity Assessment |
9.1 India Small Arms Market Opportunity Assessment, By Action, 2020 & 2027F |
9.2 India Small Arms Market Opportunity Assessment, By Technology, 2020 & 2027F |
9.3 India Small Arms Market Opportunity Assessment, By Firing System, 2020 & 2027F |
9.4 India Small Arms Market Opportunity Assessment, By Cutting Type, 2020 & 2027F |
9.5 India Small Arms Market Opportunity Assessment, By Type, 2020 & 2027F |
9.6 India Small Arms Market Opportunity Assessment, By Caliber, 2020 & 2027F |
9.7 India Small Arms Market Opportunity Assessment, By End-use Sector, 2020 & 2027F |
10 India Small Arms Market - Competitive Landscape |
10.1 India Small Arms Market Revenue Share, By Companies, 2020 |
10.2 India Small Arms Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |