Global Sniper Rifle Market

By 2022, the Global Sniper Rifle Market is estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. A sniper rifle is a high precision, man-portable, shoulder-fired rifle designed for military or law enforcement use. It is built for high levels of accuracy at longer ranges. The Germans were the first to use sniper rifles during World War I. The results were so astounding that, despite being expensive, sniper has became common in countries across the globe. Since then, the market has evolved tremendously, and projected to grow at an even higher CAGR during the forecast period.

End Users

End-users in the market include military, law enforcement, hunting, sports, and defence.

Market Dynamics

The global sniper rifle market is primarily driven by the increasing civilian procurement of rifles for shooting sports, coupled with increased acquisition of sniper and assault rifles by military and law enforcement agencies.
Moreover, growing concerns about geopolitical tensions in various parts of the world and the rising threat of terrorism and other combat operations are further propelling the growth of the market
In addition, the need to maintain a sufficient inventory of arms and ammunition for the military and the increasing demand for training rifles has elevated the market to grow further. Conversely, factors such as increasing R&D expenses, increasing number of laws aimed at controlling the proliferation of weapons, and adoption of demilitarization initiatives globally hinder the market growth.

Market Segmentation

The sniper rifle market is fragmented on the basis of application:

Application -Defense, Civil & Commercial

Geographical Analysis

The U.S. is one of the major arms supplier country across the world. Perpetually rising war-related activities in the region has built up a strong position for the sniper rifle market in U.S. Moreover, in 2015, the U.S. accounted for more than half of all arms transfer agreements worldwide. Recent reports suggest the U.S. is likely to maintain its position as the principal supplier to key developing nations, especially those which are able to afford new arms equipment and weapons. However, in the recent years, the growth of the market is on a slowdown in the United States which is has reached its saturation point. Apart from U.S., even the Russian military is planning to deploy more than 1000 snipers to motorized rifles and tank brigades.

Key players

The leading players in the sniper rifle market have been identified asFreedom Group (U.S.), Orbital ATK (U.S.), Smith & Wesson Holding Corp. (U.S.), Sturm, and Ruger, & Co., Inc. (U.S.), among others.

Report Contents:

> Global Sniper Rifle Market segments
> Global Sniper Rifle Market Drivers, Restraints and Opportunities
> Global Sniper Rifle Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Sniper Rifle Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players

Regional Analysis:

> North America

>>US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Westren Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastren Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Global Sniper Rifle Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

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