NAICS 332994 - Small Arms Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing small firearms that are carried and fired by the individual.
Industry trends:
The small arms manufacturing industry (NAICS 332994) has been experiencing several qualitative trends that are shaping its landscape. One significant trend is the increasing demand for customization and personalization of firearms. Consumers, particularly in the civilian market, are seeking more options to customize their firearms to fit their personal preferences and requirements. This includes aesthetic modifications, ergonomic enhancements, and performance upgrades.
Another trend is the growing impact of technology and innovation on production processes. Advanced manufacturing techniques such as 3D printing and CNC machining are enabling manufacturers to produce more precise and reliable components, reducing costs and improving efficiency. Furthermore, smart gun technology, which incorporates biometric sensors and connectivity, is gaining traction as it promises enhanced safety and control.
There is also a notable rise in the importance of sustainability and eco-friendly practices within the industry. Manufacturers are exploring sustainable materials and processes to minimize their environmental footprint, driven by both regulatory pressures and consumer demand.
In terms of forecasts, the market is expected to see steady growth, driven by consistent demand from law enforcement, military, and civilian sectors. However, the industry may also face challenges such as regulatory changes, fluctuating raw material prices, and geopolitical uncertainties that could impact market stability. In the near future, companies that can innovate while maintaining regulatory compliance and addressing consumer preferences are likely to gain a competitive edge.
This industry is comprised of:
Ammunition carts (i.e., 30 mm or less, 1.18 inch or less) manufacturing
Barrels, gun (i.e., 30 mm. or less, 1.18 inch or less), manufacturing
BB guns manufacturing
Belts, machine gun (i.e., 30 mm. or less, 1.18 inch or less), manufacturing
Carbines manufacturing
Clips, gun (i.e., 30 mm. or less, 1.18 inch or less), manufacturing
Cylinders and clips, gun (i.e., 30 mm. or less, 1.18 inch or less), manufacturing
Dart guns manufacturing
Firearms, small, manufacturing
Grenade launchers manufacturing
Gun barrels (i.e., 30 mm. or less, 1.18 inch or less) manufacturing
Gun magazines (i.e., 30 mm. or less, 1.18 inch or less) manufacturing
Guns (i.e., 30 mm. or less, 1.18 inch or less) manufacturing
Guns, BB and pellet, manufacturing
Links, ammunition (i.e., 30 mm. or less, 1.18 inch or less), manufacturing
Machine gun belts (i.e., 30 mm. or less, 1.18 inch or less) manufacturing
Machine guns (i.e., 30 mm. or less, 1.18 inch or less) manufacturing
Pellet guns manufacturing
Pistols manufacturing
Pyrotechnic pistols and projectors manufacturing
Recoil mechanisms (i.e., 30 mm. or less, 1.18 inch or less), gun, manufacturing
Revolvers manufacturing
Rifles (except recoilless, toy) manufacturing
Rifles, BB and pellet, manufacturing
Rifles, pneumatic, manufacturing
Shotguns manufacturing
Submachine guns manufacturing
Tranquilizer guns, manufacturing
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- Employees
- Net Sales
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- Total Assets
- Ownership Type
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