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Global SALW Market: High Use of Small Weapons for Self-Defense Policies Noticed by Variant Market Research



According to the latest report published by Variant Market Research, the global small arms and light weapons market size is projected to reach $25.6 billion by 2025 from $18.9 billion in 2017. In this report, small arms and light weapons market forecast says that the global market is growing at 3.9% CAGR from 2017 to 2025.

Police force militarization to drive the global SALW market

The global small arms and light weapons market trend includes high use of small weapons for self-defense policies, police force militarization, and measures to limit drug trafficking. Asia-Pacific (including countries like India, among others) is expected to grow at a fastest CAGR during the forecasted period. Though, illegal trading may obstruct the small arms and light weapons market growth. Moreover, mounting finances for defense & safety and growing economies would provide an opportunity for market players of market.

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Market Segmentations

The global small arms and light weapons market trend includes type, application, and geography. Types of small arms and light weapons include small arms & light weapons. Furthermore, small arms contain handguns, shotguns, pistols, man-portable machine guns, rifles, and other small arms. Light weapons include landmines, grenade launchers, mortars, anti-tank weapons, rocket propelled grenades (RPGs), anti-aircraft weapons, rocket launchers, and other light weapons. Further, the market is classified on basis of application into law enforcement, military, and other applications. North America (U.S., Mexico, and Canada), Europe (France, Russia, Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, South Korea, India, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.

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Light weapons, by type dominated the global market in 2017

Light weapons held for the highest market share in 2017, and expected to continue its dominance over the forecast period, 2017– 2025, due to the implementation of modernization plans for the military and police forces.

Military, by application dominated the global market in 2017

Military held for the highest market share in 2017, and expected to continue its dominance over the forecast period, 2017– 2025, due to the widespread geographical existence of terrorism and breaking of human rights.

Europe dominated the global market in 2017

Europe held for the highest market share in 2017, and expected to continue its dominance over the forecast period, 2017– 2025, due to initiatives taken to control terrorist organizations by various countries such as Russia & France among others in the region.

Competitive Landscape

Key players are offering innovative products and services to increase their small arms and light weapons market share. Major players of the market are General Dynamics Corporation, Lockheed Martin Corporation, Browning Arms Company, SIG SAUER GmbH & Co., Glock Ges. m.b.H., Beretta S.p.A., Colt's Manufacturing Company LLC, FN Herstal S.A., Heckler & Koch GmbH, and Sturm, Ruger & Company, Inc., among others.

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Scope of the Global Small Arms and Light Weapons (SALW) Market

Type Segments

• Small Arms
o Pistols
o Rifles
o Handguns
o Shotguns
o Man-Portable Machine Guns
o Other Small Arms

• Light Weapons
o Landmines
o Mortars
o Grenade Launchers
o Rocket Launchers
o Rocket Propelled Grenades(RPGs)
o Anti-Tank Weapons
o Anti-Aircraft Weapons
o Other Light Weapons

Application Segments

• Military
• Law Enforcement
• Other Applications

Geographical Segments

• North America
o U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Russia
o Rest of Europe

• Asia-Pacific
o China
o India
o South Korea
o Japan
o Rest of Asia-Pacific

• RoW
o South America
o Middle East
o Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise is data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

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News Release: Global SALW Market: High Use of Small Weapons for Self-Defense Policies Noticed by Variant Market Research
Submitted on: January 30, 2018 09:12:04 AM
Submitted by: Bhavana Patel
On behalf of: https://www.variantmarketresearch.com/report-categories/defense-aerospace/small-arms-and-light-weapons-market
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