Global Small Arms and Light Weapons Market to 2025 - Market is Estimated to Hit US$ 23.5 Billion
DUBLIN, December 4, 2017 /PRNewswire/ --
The "Global Small Arms and Light Weapons Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to Research and Markets' offering.
The global small arms and light weapons market is estimated to hit US$ 23.5 Bn by 2025.
Small arms and light weapons (SALW) are the most preferred choice of weapons for the law enforcement bodies. The portability and size factor of these weapons make them suitable for use in most of the common crime scenarios. Several countries across the world have taken initiatives to modernize their weapons and in this case SALW's are no exception. With the rising instances of violence and criminal offences, SALW's are increasingly being adopted by different law enforcement and civil safety bodies.
The SALW's market is majorly driven by defense modernization and law enforcement modernization programs. Security agencies in developed countries are constantly in the hunt to adopt the latest weapons in order to improve security. Moreover, rising instances of illegal activities in urban areas has also impacted the growth of the SALW's market positively. Small arms, due to their small size, are suitable for use in urban warfare. Rising terrorist activities is another prominent factor leading to the increasing adoption of SALW's across various countries. These factors in combination are expected to continue driving the SALW's market growth during the forecast period.
The overall SALW's market is categorized on the basis of product type and application. Based on the product types, the market is classified into small arms and light weapons, wherein each of the two is further categorized into sub segments. The small arms segment comprises of rifles, pistols, shotguns, handguns and others. The light weapons segment has been segmented into grenade launchers, landmines, rocket launchers, mortars, anti-tank weapons, rocket propelled grenades and others. The market is categorized, based on application, into military, law enforcement and others. The others segment includes sports, security guards, bodyguards and civilians.
Key Trends:
- Continuous R&D activities to improve the efficiency and also to upgrade the existing weapons
- Increasing trend for 3D printed guns and corner shot rifles
- Developing countries are increasingly adopting SALW's
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Small Arms and Light Weapons Market Analysis, by Product Type
Chapter 5 Global Small Arms and Light Weapons Market Analysis, by Application
Chapter 6 North America Small Arms and Light Weapons Market Analysis
Chapter 7 Europe Small Arms and Light Weapons Market Analysis
Chapter 8 Asia Pacific Small Arms and Light Weapons Market Analysis
Chapter 9 Rest of the World (RoW) Small Arms and Light Weapons Market Analysis
Chapter 10 Company Profiles
- General Dynamics Corporation
- Heckler & Koch GmBH
- Sturm, Ruger & Company
- FN Herstal, S.A.
- Colt's Manufacturing Company LLC
- SIG Sauer GmbH & Co.
- Lockheed Martin Corporation
- Carl Walther GmbH
- Beretta S.p.A
- Browning Arms Company
For more information about this report visit https://www.researchandmarkets.com/research/9nxfrv/global_small_arms
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