Firearm Industry

Firearm Industry: The Makers, Sellers, Schools and Ranges Behind American Gun Ownership

The firearm industry is much more than the companies that make guns. It includes ammunition and suppressor makers, distributors, retailers, auction houses, gun shows, ranges, shooting schools, gunsmiths, publishers and the online forums and apps where owners trade information. This section of Minuteman University.com maps that whole ecosystem, along with the history of how firearms and ammunition developed and the hunters and adaptive shooters who keep the shooting sports growing.

The industry is a significant part of the economy. The National Shooting Sports Foundation’s 2025 economic impact report, covering 2024, put the total economic impact of the firearm and ammunition industry at about $91.65 billion, supporting 382,995 full-time-equivalent jobs and about $26.17 billion in wages. Manufacturers and importers also pay a federal excise tax under the Pittman-Robertson Act of 1937 (10% on handguns, 11% on long guns and ammunition), which funds state wildlife conservation and hunter education; firearms and ammunition accounted for about $886.5 million of those taxes in 2024.

The industry also works within a specific legal framework. Manufacturers, importers and dealers are licensed under the Gun Control Act of 1968, and the Protection of Lawful Commerce in Arms Act of 2005 (PLCAA) generally bars lawsuits that seek to hold the industry liable for the criminal misuse of lawfully sold products, with exceptions for defective products, negligent entrustment and knowing violations of law. Supporters say PLCAA keeps lawful businesses from being sued out of existence; critics argue it limits accountability. Several states have since passed laws aimed at creating new grounds for suits, and those laws are being tested in court.

Table listing the 17 pages in the Firearm Industry section, grouped, with a short description of each

Pages in This Section

Key Facts

  • 1937: Pittman-Robertson Act creates the federal excise tax that funds wildlife restoration.
  • 1968: Gun Control Act establishes the modern licensing system for makers, importers and dealers.
  • October 26, 2005: PLCAA signed into law.
  • 2024: Industry economic impact of about $91.65 billion and 382,995 jobs (NSSF 2025 report).
  • 2026: The $0 NFA tax on suppressors, SBRs, SBSs and AOWs takes effect January 1; see Suppressor Buyers Guide.com.

Sources


2A Resource Workbook 2021 6th Draft119 II


http://gunshopguide.com/firearm-museums/