Europe Rifles Market Size & Outlook, 2023-2030

The rifles market in Europe is expected to reach a projected revenue of US$ 2,769.0 million by 2030. A compound annual growth rate of -4.5% is expected of Europe rifles market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,825.3
Forecast, 2030 (US$M)
$2,769.0
CAGR, 2024 - 2030
-4.5%
Report Coverage
Europe

Europe rifles market, 2018-2030 (US$M)

Europe
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Europe rifles market highlights

  • The Europe rifles market generated a revenue of USD 3,825.3 million in 2023.
  • The market is expected to grow at a CAGR of -4.5% from 2024 to 2030.
  • In terms of segment, assault rifles was the largest revenue generating product in 2023.
  • Assault Rifles is the most lucrative product segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 3,825.3 million
Market revenue in 2030USD 2,769.0 million
Growth rate-4.5% (CAGR from 2023 to 2030)
Largest segmentAssault rifles
Fastest growing segmentAssault Rifles
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAssault Rifles
Key market players worldwideSIG SAUER, FN Herstal, Smith & Wesson Holding, Heckler & Koch, Sturm Ruger & Co Inc, Browning, O.F. Mossberg and Sons, CheyTac, Barrette Outdoor Living, Springfield Group


Other key industry trends

  • In terms of revenue, Europe region accounted for 70.3% of the global rifles market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,991.0 million by 2030.

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Rifles Market Scope

Rifles market segmentation & scope
Light Machine Guns
Designated Marksman Rifles
General-purpose Machine Guns
Others
Firing
Non-automatic
Semi-automatic
Automatic
Countries
Argentina
Brazil
Denmark
Greece
Germany
Italy
Spain
Sweden
UK
U.S.
Canada
Mexico
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand

Rifles Market Companies

Name Profile # Employees HQ Website

Europe rifles market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rifles market will help companies and investors design strategic landscapes.


Assault rifles was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe rifles market based on assault rifles covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe rifles market databook

  • Our clientele includes a mix of rifles market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe rifles market , including forecasts for subscribers. This continent databook contains high-level insights into Europe rifles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe rifles market

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