Iran Small Arms Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of XX% from 2023 to 2033.
• The Iran Small Arms Market Size is Expected to Hold a Significant Share by 2033.

The Iran Small Arms Market Size is expected to hold a significant share by 2033, at a CAGR of XX% during the forecast period 2023 to 2033.

Market Overview

The small arms are also often referred as guns or firearms. Small arms are man portable weapons for anyone can use that can launch a shot, bullet. In small arms category handguns, riffles and long guns are all include. In Iran, increased use of small arms across various application such as military, law enforcement and commercial. The small arms manufacture in Iran are developing and launching different types of guns to attract more customers and generate new revenue. Iran also seriously threatened by terrorism, which makes armed forces and law enforcement agencies' operational preparedness essential. Such incidents have made a large number of infantry forces necessary, which has led to militaries across in country building up a robust stockpile of cutting-edge small arms in order to combat domestic unrest and bolster their armed forces—the primary goal being to be battle-ready. Furthermore, the strategic objectives of the Iranian government are still closely aligned with the asymmetric development of the defense industry in Iran. Iran's military strategy is designed to directly address the conventional principles of military planning. The Iranian defense industry has largely witnessed the most notable and impressive technological advancements in these areas of small arms, and the production of these weapons continues     to be Irans main focus area of manufacturing arms.

Report Coverage

This research report categorizes the market for Iran small arms market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Iran small arms market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Iran small arms market.

Driving Factors

The exposure of new economies in the Iran, the market growth for small guns with fresh possibilities for expansion. The rising personal security concerns in Irna, everyone kept the small arms with them. Furthermore, the defense industry in the Iran mostly focusses on the Research & Development for a small arm. Increased cross- border conflict and terrorist activity in Iran such factor is boost the market growth in the forecast period. In addition, the Iran governments to be prepared for any unprecedented threats and offensive attacks from other nations, there is a growing need for modernization and the installation of sophisticated defense infrastructure due to advancements in weaponry and attacking capabilities worldwide. Therefore, during the projected period, an increase in defense spending is anticipated to create new growth opportunities for the small arms market in Iran.

Restraining Factors

The new changes in small arms market in Iran and differences rules in Iran such factors are hamper the market growth for the forecast period.

 Market Segment

• In 2023, the handgun segment accounted for the largest revenue share over the forecast period.

Based on the handgun, the Iran small arms market is segmented into handgun, rifles, shotgun, and others. Among these, the handgun segment has the largest revenue share over the forecast period. Handguns or pistol are small and anyone can operate with one hand. Since the increasing concerns about the personal safety and self- defense such factors are boost the demand and sales for the handguns. In this uncertain word, people look for the safeguard themselves and their family. Due to these people are heightened awareness about safety and surge the demand for the handgun.

• In 2023, the defense & homeland security segment accounted for the largest revenue share over the forecast period.

On the basis of application, the Iran small arms market is segmented into defense & homeland security, self-defense, sports, hunting, law enforcement, and others. Among these, the defense & homeland security segment has the largest revenue share over the forecast period. Since the military modernization plans and increasing demand for the defense equipment, small arms mostly used in the defense sector because of the increased cross- border conflicts and increased terrorism.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Iran small arms market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• BAE Systems
• Iran Electronics Industries
• SAAB AB
• Thales Group
• Lockheed Martin
• Northrop Grumman
• Dassault Aviation
• General Dynamics
• Raytheon Corporation
• The Boeing Company
• Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Iran Small Arms Market based on the below-mentioned segments:

Iran Small Arms Market, By Type

• Handgun
• Rifles
• Shotgun
• Others

Iran Small Arms Market, By Application

• Defense & Homeland Security
• Self-Defense
• Sports
• Hunting
• Law Enforcement
• Others