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

September 13, 2018

DUBLIN--(BUSINESS WIRE)--Sep 13, 2018--The “Global Service Handgun Market - Segmented by Type, Material, Safety and by Geography - Opportunities, Trends, and Challenges (2018 2023)” report has been added to ResearchAndMarkets.com’s offering.

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According to an unpublished Harvard research, the gun stock in the US has increased by 70 million guns since 1994, making the US one of the most heavily armed civilian population in the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

View source version on businesswire.com:https://www.businesswire.com/news/home/20180913005770/en/

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SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/13/2018 12:14 PM/DISC: 09/13/2018 12:13 PM

http://www.businesswire.com/news/home/20180913005770/en

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