Surprising Trends From the 2024 Firearm Manufacturing Report: Ruger’s Ahead!

Ruger Takes the Lead. In 2022, Ruger manufactured over 1.56 million firearms.

The 2022 Annual Firearms Manufacturing and Exportation Report (AFMER) from the ATF, as recently analyzed by Orchid LLC, offers an insightful snapshot of the firearms industry in the United States. The report highlights some intriguing trends and shifts among the top firearm manufacturers that are worth examining, especially for those passionate about the Second Amendment and the firearm industry.

Ruger Takes the Lead

One of the most notable trends is Ruger’s rise to the top. In 2022, Ruger manufactured over 1.56 million firearms, securing its position as the largest firearm manufacturer in the USA. This is a significant leap from its 2021 production of around 2.08 million firearms, showcasing Ruger’s resilience and capability to adapt to market demands despite a reduction in overall production. Ruger’s broad catalog, including pistols, rifles, and the recently acquired Marlin brand, underscores its comprehensive approach to meeting the diverse needs of American gun owners.

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Smith & Wesson’s Production Decline

Smith & Wesson M&P5.7 Pistol with Mounted FlashlightSmith & Wesson M&P5.7 Pistol with Mounted Flashlight
Smith & Wesson M&P5.7 Pistol with Mounted Flashlight

In contrast, Smith & Wesson experienced a substantial drop in production, from over 2.3 million firearms in both 2020 and 2021 to approximately 974,000 in 2022. This decline moved Smith & Wesson from the top spot to third place. While the reasons for this decrease aren’t explicitly detailed in the report, it may be attributed to a variety of factors, including their relocation to Tennessee in 2023.

The Rise of SIG SAUER and Savage Arms

SIG SAUER and Savage Arms have both climbed the ranks, with SIG SAUER now in second place and Savage Arms making a notable jump to fourth. SIG SAUER’s production slightly decreased from 1.29 million in 2021 to 1.13 million in 2022, but this still marks an increase from their 2020 figures. Savage Arms, on the other hand, nearly doubled its production from 406,000 in 2021 to 719,000 in 2022. This resurgence could be linked to their innovative product lines and strategic market positioning.

Emerging Manufacturers

Palmetto State Armory AKV LogoPalmetto State Armory AKV Logo
Palmetto State Armory IMG Jim Grant

Newer companies like Shadow Systems and Palmetto State Armory are making their mark. Shadow Systems, founded in 2017, has quickly ascended the ranks to become one of the top manufacturers of 9mm polymer pistols. Palmetto State Armory, known for its AR-style rifles and pistols, produced over 551,000 firearms in 2022, demonstrating significant growth and capturing a substantial market share.

The Impact of Innovation and Tradition

Companies that blend innovation with tradition are thriving. Christensen Arms, known for its use of aerospace technology in rifle manufacturing, continues to be a leader in the precision rifle segment. Similarly, FN America, with its roots in military and law enforcement firearms, maintains a strong presence by balancing historical expertise with modern advancements.

Industry-Wide Observations

Overall, the data reveals a total production of over 11.2 million firearms in the USA for 2022, with the top 30 manufacturers accounting for 87% of this production. This highlights the concentration of production among a few key players, emphasizing their significant influence on the market.

Keep Making Guns!

The 2022 AFMER report provides excellent insights into the current state of firearm manufacturing in the United States. It highlights the industry’s fluid nature, where established giants like Ruger and innovative newcomers like Shadow Systems coexist and compete. For pro-gun advocates and America First Patriots, these trends underscore the vitality and resilience of the American firearms industry, one of America’s last manufacturing sectors that has not been carved up and handed to China.

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