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Gun & Ammunition Manufacturing Report Summary

SIC Codes: 3482 3484
NAICS Codes: 332992 332994

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms
 

Gun & Ammunition Manufacturing Industry Overview

Excerpt from Gun & Ammunition Manufacturing Report

Companies in this industry manufacture small arms and ammunition. Major companies include Alliant Techsystems, Colt, Freedom Group, National Presto, and Smith & Wesson (all based in the US), as well as Beretta (Italy), FN Herstal (Belgium), Glock (Austria), Heckler & Koch (Germany), Izhmash (Russia), Norinco (China), and Taurus (Brazil).

Competitive Landscape

Demand is driven partly by hunters, gun enthusiasts, and weapon upgrades by police departments. The profitability of individual companies is closely linked to marketing. Large companies have economies of scale in purchasing. Small companies can compete effectively by producing premium-priced high-quality or decorative guns. The industry is highly concentrated.

Products, Operations & Technology

Firearms and ammunition each account for about half of industry revenue. The US industry produces more than 8 million guns per year: about 50 percent are pistols and revolvers; about 35 percent are rifles, and about 15 percent are shotguns and other firearms. Within a category, a company may make guns of different caliber and style. The most popular pistol calibers are 9 millimeter, .45, and .22. The most popular revolver calibers are .357, .45, and .38.

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