DUBLIN--(BUSINESS WIRE)--The "Global Sniper Rifle Market Segmented by Purpose, by Capability & by Geography - Growth, Trends & Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
Increase in Procurement of Sniper Rifles by Armed Forces around the World to Drive the Market
The sniper rifle market is gradually increasing and occupies a huge market all over the world. As the defence budgets of developing countries and the emerging economies increase, countries will want to replace the ageing sniper rifles with their law enforcement and armed forces.
The sniper rifle market is slated to grow rapidly over the next few years, overcoming the slowdown in the US, which is showing slow growth at present. The major drivers of the sniper rifle market will be India, China, and Middle-East over the next few years.
Civilian procurement of rifles for sport is also on the rise, which is one of the main drivers of the market. Rising geopolitical tensions and terrorism in many parts of the world are also driving the need for more efficient and effective sniper rifles to curb these activities.
The increasing need to maintain a sufficient stock of weapons and ammunition is also driving the market. Some of the factors restraining the market are high R&D costs and regulations to curb the ownership of rifles.
The US is one of the key suppliers of arms and ammunition to many countries around the world and is likely to stay a key supplier for the forecast period, mostly due to increase in agreements with the military organizations in developing countries. Russia is also a key supplier of heavy weapons as well as impressive R&D activities in the sniper rifle segment.
Key Players: S and T Motiv Co., FN HERSTAL, Savage, Mechanical and Chemical Industry Corporation, Knight's Armament Co., among others.
List of Topics Covered
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Challenges
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Range
5.1.1 Up to 1,000 meters
5.1.2 Beyond 1,000 meters
5.2 By Usage
5.2.1 Civilian and Law Enforcement
5.3 By Geography
5.3.1 North America
220.127.116.11 United States
18.104.22.168 United Kingdom
22.214.171.124 Rest of Europe
126.96.36.199 Rest of Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
18.104.22.168 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 S&T Motiv Co. Ltd.
6.2.2 Savage Arms
6.2.3 FN HERSTAL
6.2.4 Remington Arms Company, LLC
6.2.5 Knights Armament Co
6.2.6 Accuracy International
6.2.7 Strategic Armory Corps LLC
6.2.8 PGW Defence Technology Inc.
6.2.9 Zastava arms
6.2.10 B&T AG
6.2.11 Denel SOC Ltd
6.2.12 PGM Prcision
6.2.13 Beretta Holding S.A.
6.2.14 H&K AG
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/8f6xqy