Report Code: A10673 | Pages: NA | Jul 2023 | 2936 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Sniper Rifle Market
Request Now !Sniper rifles are the long-range, high precision rifles that are used both in the military as well as law enforcement applications. The long-range precision rifles are mostly bolt-action rifles, widely used in civil applications, such as hunting. The advancement in technology has brought semi-automation in rifles used for sniping. The primary function of sniper includes providing detailed surveillance from a concealed position, neutralizing high-value targets to reduce the enemy’s combat, and others. Enhanced application of sniper rifles in defensive and offensive applications boosts the demand for the global sniper rifle market.Â
COVID-19 Scenario Analysis:Â
The procurement of sniper rifles can be attributed to an increase in the number of sniper squadrons, engagement profile, age of existing rifles, availability of technology, and topography of battlefields. In addition, increase in defense expenditure and equipment modernization initiatives of armed forces of various nations are proliferating the demand for sniper rifles. Moreover, factors such as technological advancements in terms of self-steering bullets, bullet loading, and cutting-edge technologies in sniper accessories are all expected to boost the efficiency and accuracy of sniper rifles during the forecasted period. However, the civilian use of rifles for long-range precision is hampered by many government regulations, which is likely to hinder the pace of growth.
The global Sniper rifle market trends are as follows:
Many nations across the globe are increasing their defense budgets to bolster the military strength of their nation. Also, a rise in military budget upgrades the existing equipment range while replacing the obsolete warfare equipment. In addition, rising security threats and growing geopolitical issues across the borders are creating a need for the procurement of sniper rifles, which in turn is proliferating the demand for the global sniper rifle market. Furthermore, to strengthen the military base, many nations are escalating their sniper squadrons while incorporating a wider application of sniper rifles in military applications. Therefore, it is anticipated that the global market for sniper rifles will flourish during the forecasted period.Â
Technology plays a vital role in strengthening the military base of any nation. Warfare equipment is to be consistently modernized and thus advanced weapons are high in demand. Also, this up-gradation of existing military equipment and the procurement of advanced weapons is pushing the demand for sniper rifles in the global market. Moreover, sniper rifles have witnessed advancements in terms of bullet loading, self-steering bullets, and cutting edge technologies, which in turn is proliferating the demand for the global sniper rifle market. Furthermore, long-range precision rifles are used for commercial purposes as well. Although the civilian application is hampered by government regulations, it continues to be a potential segment for the market.Â
Key Benefits of the Report:
Questions Answered in the Sniper rifle Market Research Report:
Sniper Rifle Market Report Highlights
Aspects | Details |
---|---|
By Range |
|
By Application |
|
By Region |
|
Key Market Players | LOBAEV., Remington Arms Company LLC, Accuracy International, H&K AG, Knight’s Armament Co., Mechanical and Industry Corporation, FN HERSTAL, Savage, S and T Motiv Co., Beretta Holding SA |
Loading Table Of Content...
Start reading.
This Report and over 54,639+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers