Sniper Rifle Market

Sniper Rifle Market Size, Share Analysis 2026:

Sniper Rifle Market Size was valued at USD xx million in 2020, and with an average annual growth rate of 1.22% from 2020 to 2026, it is expected to reach USD xx million in 2026.

The sniper rifle is a high-precision shoulder rifle designed for military or police purposes, which was developed to offer a higher level of accuracy over a broader range. During World War I, the Germans used sniper rifles for the first time. Since then, the market has developed tremendously and is expected to grow at a much higher CAGR during the forecast period.

Market Regional Growth Insights:

In 2019, the North American sniper rifle market accounted for most of the global business. Most of the demand in this market comes from the United States. The United States Army used many sniper rifles after the Vietnam War. It also founded the Sniper School in 1987 with the aim of training its soldiers.In the European Sniper Rifle Market, the UK plans to update its inventory of sniper rifles and expand capabilities by introducing a new Mk-21 Barrett Multi-Role Adaptive Design (MRAD) bolt action sniper rifle that can be easily configured to fire three different calipers, namely 7.62x51mm NATO, .300 Norma Magnum and .338 Norma Magnum, depending on the requirements of the mission. Russia is also a major supplier of heavy weapons, as well as impressive R&D activities in the overall sniper rifle sector.

Recent Developments in the Sniper Rifle Industry:

In 2015, Steyr stopped producing SSG69, and Steyr SSG 08 was promoted as the successor of the Austrian army. The new SSG 08 barrels are cold closed to ensure that the internal barrels are harder and smoother, resulting in less friction and less corrosion.

In 2017, the Canadian Joint Task Force 2 sniper hit the longest sniper at a distance of more than 3,540 meters during the Iraq war.

In 2018, SAKO launched the TRG 42 A1. The TRG 42 A1 offers the advantage of a modified folding stock that is more robust and eliminates the instability of the firing position.

Sniper Rifle Market Market Drivers:

The global sniper rifle market is driven primarily by an increase in the purchase of private rifles for sports shooting and the increase in the purchase of sniper rifles by military and police agencies. As defense budgets increase in developing and emerging countries, countries will seek to replace old sniper rifles. The acquisition of sniper rifles is influenced by many factors, such as the age of existing guns, confrontation profiles, the most significant number of sniper squads, the terrain of the battlefield and the availability of better technology. 

Technological advances in terms of bullet loading, automatic steering bullets and the automation of cutting-edge technology in sniper accessories are likely to make sniper rifles more efficient and accurate. In addition, concerns about geopolitical tensions in many parts of the world are increasing, and market growth is accelerating as the threat of terrorism and other combat operations increases. Also, the market will grow even more as the need for sufficient weapons and ammunition for the military and the demand for training with sniper rifle increases.

Sniper Rifle Market Restraints:

The use of civilian rifles for long-range precision shooting makes it challenging to transfer various government regulations and illegal weapons to assaults. Besides, Sniper Rifle Market growth is hampered by factors such as rising R&D costs, a growing number of laws to control the proliferation of weapons and the adoption of a comprehensive demilitarization plan.

Sniper Rifle Market Segmentation:

Based on Range:

The 'Beyond 1,000 meters' segment accounted for most of 2019. Legions around the world prefer long-range sniper rifles of more than 1,000 meters. Also, law enforcement agencies in some countries obtain more than 1,000 meters of guns, depending on the requirements of the mission. For example, in 2019, Russian police ordered the deployment of an ORSIS T-5000 sniper rifle. 

Based on Usage:

Military forces from several countries and rifle manufacturers work together to develop advanced sniper rifles with more excellent range and accuracy. The US Special Operations Command is currently working to obtain the Advanced Sniper Rifle, which focuses on replacing the precision sniper rifle provided by the Special Operations Sniper. Now, countries facing terrorist threats and tensions across borders are acquiring new sniper rifles to respond to far-reaching threats, which could continue to drive the growth of the segment.

Sniper Rifle Market Geographical Taxonomy:

Sniper Rifle Market is geographically classified into, Asia Pacific Sniper Rifle Industry (China, India, Japan, South America, Australia, New Zealand, and Southeast Asia), North America Sniper Rifle Market (United States, Canada), Latin America Sniper Rifle Industry (Brazil, Argentina, Mexico), Europe Sniper Rifle Industry (United Kingdom, France, Germany, Spain, Italy), Middle East and Africa Sniper Rifle Industry (Saudi Arabia, United Arab Emirates, Lebanon, Jordan, Cyprus).

Top Leading Company:

The Remington sniper rifle market accounts for more than 20% of the market share, while the remaining players have the rest.

Leading Key Players Covered in this research report are:

• Remington
• H&K AG
• FN Herstal
• Beretta Holding SA
• S and T Motiv Co
• Savage
• Knight’s Armament Co
• Accuracy International
• Mechanical and Chemical Industry Corporation
• Others