Shotgun And Rifles Market Share

Statistics for the 2023 & 2024 Shotgun And Rifles market share, created by Mordor Intelligence™ Industry Reports. Shotgun And Rifles share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Shotgun And Rifles Industry

The shotgun and rifle market is fragmented, with several local and global players holding significant shares in the market. Some of the key players in the market are Sturm, Ruger & Co., Inc., Sig Sauer, Inc., Heckler & Koch GmbH, FN HERSTAL, and Browning International S.A. The key OEMs focus on developing advanced products that help them attract new customers. The manufacturers are developing different parts of the weapons with materials that will be of best use, even in hostile conditions.

For instance, in 2022, Sig Sauer and the US Government conducted numerous technical tests and a Soldier touchpoint concerning the most recent weapon configuration. This engagement aimed to obtain user acceptance, load carriage, and integration into the XM157 fire control optic developed by Vortex Optics Inc., which would be mounted on any XM7 or XM250 automatic rifle. Such contracts will help the players tap into new regional markets, thereby increasing their market presence and opportunities for growth.

Shotgun and Rifles Market Leaders

  1. Sturm, Ruger & Co., Inc.

  2. Sig Sauer, Inc.

  3. Heckler & Koch GmbH

  4. FN HERSTAL

  5. Browning International S.A.

*Disclaimer: Major Players sorted in no particular order

Picture1.png

Shotgun and Rifles Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)