Tactical Folding Knives Market By Opening Type (Push Button Automatic Opening, Manual Opening), By End-Use Application (Military & Defense, Homeland Security, Fishing & Hunting, Sports & Recreational Activities) - Growth, Future Prospects And Competitive Landscape, 2018 – 2026

Industry Outlook

A tactical knife is a blade intended to be utilized for numerous applications including hunting, fishing, camping, hiking and defense applications. Furthermore, tactical folding knives can also be utilized as a self-protection tool. Tactical folding knives are available in different form based on the different alloy material for the blades, opening type and handle material. A folding blade is essentially a folding knife that is portable and can be collapsed closed. Folding blades are a standout amongst the most flexible alternatives available since they can be single bladed, twofold bladed, smooth or serrated, and arrive in an assortment of sizes which still fit in your pocket. Obviously, numerous sorts of multi-devices, for example, the Swiss Army blade are viewed as collapsing blades, so the classification is a really differing one. A wide variety and wide range of application are encouraging the demand for such tactical foldable knives.

Market Synopsis

Tactical Folding Knives Market

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"Manual Opening Claim an Upper Hand Over Push Button Automatic Opening Tactical Folding Knives"

Tactical folding knives have been classified into push button automatic opening and manual opening knives based on their opening method. At present, manual opening tactical folding knives leads the overall market in terms of market value. Manual knives expected to maintain their dominance throughout the forecast period owing to their simple and functional designs. Manual opening knives are also less expensive compared to the push-button automatic opening knives. However, an automatic opening gives the liberty to use knife with a single hand and hence are extensively preferred by defense and homeland security applications. Automatic opening tactical knives are growing at a faster rate compared and expected to increase their market share in coming years.

Tactical Folding Knives Market

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"North America to Emerge Supre in the Global Tactical Folding Knives Market"

North America is one of the most promising markets for overall tactical folding knives. North America is the biggest spender in terms of national defense budget. The overall budget of the U.S. is expected to go beyond US$ 1 Tn in coming years. This helped war accessories market including tactical folding knives market is expected to get a boost from the rise in budget. Besides liberal and open weapons guidelines and policies in the U.S. also helped the market to flourish in this region. Hunting Fishing and other adventure sports helped tactical folding knives and other outdoor knives market to grow. Europe is home to some of the most prominent tactical folding knives and multi-tools manufacturers. Active tourist spots for adventure sports and recreational activities is encouraging the demand for tactical folding knives in Europe. Similarly, growth in defense budgets and growing trend of sports & recreational activities in Asia Pacific is also helping the overall tactical folding knives market.

Tactical Folding Knives Market

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Market Segmentation

Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion

 by Opening Type (2016–2026; US$ Bn)
 • Push Button Automatic Opening
 • Manual Opening

 by End-use Application (2016–2026; US$ Bn)
 • Military & Defense
 • Homeland Security
 • Fishing & Hunting
 • Sports & Recreational Activities

 Geography Segment (2016–2026; US$ Bn)
 • North America (U.S., Canada)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Competitive Landscape   

The research study covers some of the leading tactical folding knives markets including Smith & Wesson, Cold Steel, SOG, Benchmade, Gerber, Zero Tolerance, CRKT, Kershaw, Spyderco, MicroTech, Victorinox and Leatherman. The art of knifemaking is one of the very few arts, manufacturers take pride in owing. Tactical folding knives market is quite competitive and the global leader has to face fierce competition from local manufacturers. However, these manufacturers face each other to bag contracts from government, military and homeland security contracts for providing tactical folding knives to the forces. In addition, use of high-performance alloys and consistent upgrade in design are few of the several prominent business strategies adopted by the leading manufacturers to maintain their brand value and significance in the market.

Tactical Folding Knives Market

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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Published Date:  May 2019
Category:  Industrial Goods
Report ID:   59685
Report Format:   PDF
Pages:   120
Rating:    4.4 (56)
Delivery Time: 24 Hours to 48 Hours   
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