Sniper Rifle Market Trends

  • Report ID: 2888
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Sniper Rifle Market Trends

Growth Drivers

  • Rising Military Expenditure
  • Geopolitical Strain Leading to the Rising Need Amongst Nations to Maintain Ammunition Stock

Challenges

  • Strict Regulatory Norms to Control the Proliferation of Weapons

Sniper Rifle Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

5.3%

Base Year Market Size (2023)

USD 144.29 million

Forecast Year Market Size (2036)

USD 282.36 million

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 2888
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising military expenditure and growing procurement of sniper rifle to drive the market growth.

The market is anticipated to attain a modest CAGR over the forecast period, i.e., 2021 – 2029.

The major players in the market are Barrett Firearms Manufacturing Inc., Heckler & Koch Group, Vista Outdoor Inc. (Remington Arms), FN Herstal, S.A., and others.
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