According to a new report published by Fortune Business Insights™, The global guns and accessories market size is projected to reach USD 9.33 billion by the end of 2027. The applications of the product in defense organizations will have a massive impact on market growth. The presence of several large scale companies will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Guns and Accessories Market Size, Share & COVID-19 Impact Analysis, By Type (Guns (Handgun, Shotgun, Rifles, and Machine Gun), Accessories (Barrels, Grips, Magazines, Kits and Parts, Optics, Lasers, Lights, and Others)), By Application (Defense, Law Enforcement, Civil (Hunting, Sports Shooting, Self-Defense, Others)), and Regional Forecast, 2020-2027” the market was valued at USD 6.14 billion and growing at CAGR of 6.15% during the forecast period, 2020-2027.
Reasons to Buy This Report
- The new players in the Global Guns and Accessories Market and the potential entrants into this market can use this report to understand the key market trends that are expected to shape the market in the next few years.
- The Market Analysis Chapter covers the Key Drivers, Restraints, and Challenges of the Gun and Accessories Market. The PEST and Porter's five forces are covered in detail in this report.
- The key technologies that could impact the Global Gun and Accessories Market have been covered in detail.
- The report can be used by the sales and marketing team to formulate their medium- and long-term strategies and to reconfirm their short-term plans.
- The report would help the sales and the marketing team to understand the key segments across the top fifteen countries which have been analyzed in the report.
- The Opportunity Analysis chapter identifies the key hot spots within the Global Guns and Accessories Market.
- The company profiles include financials, latest news, and SWOT analysis for ten companies.
Besides, the market study affirms the leading players worldwide in the Global Gun and Accessories market. Their key marketing strategies and advertising techniques have been highlighted to offer a clear understanding of the Global Guns and Accessories market.
April 2020– Canadian government signed a contract of worth USD 6.5 million with Colt Canada to produce 262 C20 rifles, spare parts, and other associated equipment.
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