Small arms and Light Weapons Market By Type (Small Arms (Pistols, Rifles, Handguns, Shotguns, Man-portable machine guns, Others)), Light Weapons (Landmines, Mortars, Grenade Launchers, Rocket Launchers, Rocket Propelled Grenades (RPGs), Anti-Tank Weapons, Anti-Aircraft Weapons, Others), Application (Military, Law Enforcement, Others), Industry Trends, Estimation & Forecast, 2017 - 2025
Small arms and Light Weapons Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.
Small arms and Light Weapons (SALW) refers to two different categories of weapons. Small arms refer to the weapons designed solely for individual use whereas, light weapons include arms designed to be used by a crew of two or three persons. The market is projected to grow impressively owing to various factors. There are an estimated 875 million small arms in circulation worldwide, produced by more than 1,000 companies from nearly 100 countries.
Small arms and Light Weapons Market Determinants
A rapid increase in the urban warfare and personal safety has emerged out as the prime factor driving the growth of SALW market. Further, modernization of the police force and increasing applications of SALW as an effective measure for drug trafficking is also supposed to stimulate the market growth. For example, in 2013, the government of Philippines in an attempt to modernize its local police, announced the procurement of a total of 74,879 modern side arms and 30,253 basic rifles which will be issued to rural frontline units nationwide. Issues related to defense budgets and impact of firearm legislations might hinder the market growth.
Small arms and Light Weapons Market Segmentation
• Small Arms
o Man-portable machine guns
• Light Weapons
o Grenade Launchers
o Rocket Launchers
o Rocket Propelled Grenades (RPGs)
o Anti-Tank Weapons
o Anti-Aircraft Weapons
• Law Enforcement
• North America
• Rest of the World
Table of Content
• Beretta S.p.A.
• Browning Arms Company
• Carl Walther GmbH
• Colt’s Manufacturing Company LLC
• FN Herstal, S.A.
• General Dynamics Corporation
• Glock Ges. m.b.H.
• Heckler & Koch GmBH
• Lockheed Martin Corporation
• SIG SAUER GmbH & Co.
• Sturm, Ruger & Company, Inc.
What Information does this report contain?
• What was the market size of the Small arms and Light Weapons Market in 2017 and the expected market size by 2025, along with the growth rate?
• An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
• Which are the largest revenue generating products, services or regions and their comparative growth rate?
• Which technology is in trend and how would it evolve during the forecast period (2017 – 2025)?
• Which are the leading companies in the Small arms and Light Weapons Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?
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