Lucintel Forecasts The Global Rifle Market To Reach $7 Billion By 2035

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global rifle market looks promising with opportunities in the assault rifle, light machine gun, designated marksman rifle, and general-purpose machine gun markets. The global rifle market is expected to reach an estimated $7 billion by 2035 with a CAGR of 4.8% from 2026 to 2035. The major drivers for this market are the increasing demand for advanced infantry weapon systems, the rising border security modernization programs, and the growing military combat preparedness initiatives.
A more than 150-page report to understand trends, opportunity and forecast in global rifle market to 2035 by type (assault rifles, light machine guns, designated marksman rifles, general-purpose machine guns, and others), firing type (non-automatic, semi-automatic, and automatic), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the firing type category, semi-automatic is expected to witness the highest growth over the forecast period due to the increasing demand for efficient and user-friendly firing systems.
Within ...
... the type category, assault rifle is expected to witness the highest growth due to the growing security needs and tactical applications.
Download sample by clicking on rifle market.
In terms of regions, North America is expected to witness the highest growth over the forecast period due to the rising defense spending and firearm modernization programs.
Sig Sauer, FN Herstal, Smith & Wesson, Heckler and Koch, Sturm, Ruger & Co., Inc., Browning International S.A., O. F. Mossberg & Sons, Inc., CheyTac USA, Barrett, Springfield, Inc. are the major suppliers in the rifle market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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