Market Overview

The Global Service Handgun Market (2018-2023) by Type, Material, Safety and Geography - ResearchAndMarkets.com

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The "Global
Service Handgun Market - Segmented by Type, Material, Safety and by
Geography - Opportunities, Trends, and Challenges (2018 2023)"

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Increase in the Number of Service Handgun Users

The relationship between guns and people has become complicated, leading
to an increase in the number of gun users in the US. According to a
recent survey conducted, 3% of the adults own half of the total guns
produced in the US.

According to an unpublished Harvard research, the gun stock in the US
has increased by 70 million guns since 1994, making the US one of the
most heavily armed civilian population in the world. Public disagreement
over the laws of firearm ownership has led to many accidental deaths as
well as mass shootings.

Gun sales in the US have increased in the recent years. According to the
Bureau of Alcohol, Tobacco, Firearms, and Explosives, 11 million guns
were produced in 2013, leading to an increase in gun ownership by the
people.

Key Developments

  • US Army has announced that it is going to replace its service handguns
    after 35 years, the standard issued Beretta M9 with the latest
    handgun, the P320 which is developed by Sauer and Shon. The Army has
    stated that it will buy 280,000 handguns and may purchase up to
    500,000 handguns.
  • The US Army has announced that the soldiers with the 101st Airborne
    Division shall be the first to receive the new Army handgun, the M17
    Modular Handgun System. The 101 Airborne division received about 2000
    M17 and M18 handgun, which replaced the decade-old Beretta M9, which
    was previously used by the Army.

Companies Featured

  • Ceska Zbrojovka Uhersky Brod
  • Remington Arms Company LLC
  • FN Herstal
  • Glock Ges.m.b.H
  • Colt Group SA
  • Swiss Arms AG
  • Isreal Weapons Industries
  • Baretta
  • Denel Land Systems
  • Steyr Mannlicher
  • Smith and Wesson
  • General Dynamics Corporation

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Service Handgun Market, Segmented by Type

6. Service Handgun Market, Segmented by Material

7. Service Handgun Market, Segmented by Safety

8. Service Handgun Market, Segmented by Geography

9. Competitive Landscape

10. Company Profiles

11. Future Outlook of the Market

For more information about this report visit https://www.researchandmarkets.com/research/wzsx5p/the_global?w=4

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