Small Arms Market to hit USD 121.8 Billion By 2034

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Report Overview

The Global Small Arms Market size is expected to be worth around USD 121.8 Billion By 2034, from USD 11.7 billion in 2024, growing at a CAGR of 6.6% during the forecast period from 2025 to 2034. In 2024, North America held a dominant market position, capturing more than a 38.2% share, holding USD 4.4 Billion revenue.

Small Arms Market Size, Share | CAGR of 6.6%
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Small Arms Market Size, Share | CAGR of 6.6%

By 2034, the Small Arms Market is expected to reach a valuation of USD 121.8 billion, expanding at a healthy CAGR of 6.6%.