Monday 4 February 2019, AmsterdamAccording to a new market intelligence report, titled "Global Small Arms Market, Analysis and Forecast, 2018 - 2023", the prominent application of firearms is across military and law enforcement industries. Firearms are lethal and are mostly used by military in case of a war. The law-enforcement agencies also make use of small arms for public safety. However, hunting & sport is another category in which arms have been used for shooting activities. There has been growth in the number of firearms manufactured across the globe due to the growing number of international and national events organized by the sports organizations. For instance, according to the Bureau of Alcohol, Tobacco, Firearms and Explosives annual report 2016, total number of guns manufactured in the U.S. increased from 9,358,661 units in 2015, to 11,497,441 units in 2016.