North America Rifles Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$716.3

Forecast, 2030 (US$M)

$1,904.0

CAGR, 2024 - 2030

15%

Report Coverage

North America

North America rifles market, 2018-2030 (US$M)

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Related Markets

Global Rifles Industry Outlook

Europe Rifles Market Outlook

Asia Pacific Rifles Market Outlook

Latin America Rifles Market Outlook

MEA Rifles Market Outlook

North America rifles market highlights

The North America rifles market generated a revenue of USD 716.3 million in 2023.
The market is expected to grow at a CAGR of 15% 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.

North America data book summary

Market revenue in 2023	USD 716.3 million
Market revenue in 2030	USD 1,904.0 million
Growth rate	15% (CAGR from 2023 to 2030)
Largest segment	Assault rifles
Fastest growing segment	Assault Rifles
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Assault Rifles
Key market players worldwide	SIG 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, North America region accounted for 13.2% 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

Product

Assault Rifles

Light Machine Guns

Designated Marksman Rifles

General-purpose Machine Guns

Others

Firing

Non-automatic

Semi-automatic

Automatic

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Argentina

Brazil

Denmark

Greece

Germany

Italy

Spain

Sweden

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

North America 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 North America rifles market based on assault rifles covering the revenue growth of each sub-segment from 2018 to 2030.

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Our clientele includes a mix of rifles market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America rifles market , including forecasts for subscribers. This continent databook contains high-level insights into North America rifles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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