Small Arms and Light Weapons generally known as SALW are used in illegal or prohibited weapon control protocols. It denotes two different classes of these weapons; that includes small arms and light weapons. Small arms are, the weapons made solely for discrete use. They are accessible at lower end calibre ranges. On the other hand, light weapons are arms intended to be used by a crew. The global trade of these weapons is dynamic and diverse. The practice of modern combat is changing progressively and the army is highly motivated towards the use of these weapons. Presently, the market has observed augmented number of recreational hunters and private individuals buying imported weapons along with uncountable rounds of ammunitions each year. Obtaining numerous foreign-sourced arms or weapons is done by the law enforcing agencies and military worldwide.
Changing style of warfare, militarization of police force, lethality and drug trafficking are some of the major driving forces of the market. Furthermore, growing use of small weapons for self-defence strategies will be expected to fuel the market in the forecast period. The mounting level of international smuggling or trafficking of small weapons for illicit or illegal reasons is risking human life; hence, import export of small arms and illegal trading is the major challenge for the market players. Growing economies and rising funds for defence and safety are the future opportunities for competitors in the coming years.
The global small arms and light weapons (SALW) market has been segmented into type, application and geography. On the basis of type, global market has been divided into small arms and light weapons. Small arms include handguns, shoulder arms, rifles, sub machine guns, grenade launchers and light machine guns. While light weapons include anti-aircrafts guns, heavy machine guns, recoil less rifles, mounted grenade launchers, portable anti-tank missile and rocket systems and other light weapons. On the basis of application, the market has been segmented as homeland security, military defence, and civilian utilities.
Based on geography, global small arms and light weapons (SALW) cyber weapon market is segmented into North America, Europe, Asia Pacific, Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and others. Asia-Pacific is segmented into India, China, Japan, South Korea, and others while RoW is bifurcated into South America, Middle East, and Africa.
The key players operating in the market are General Dynamics Corporation, Sturm, Ruger & Company, Inc., SIG SAUER GmbH & Co., Glock Ges. m.b.H., Browning Arms Company, Beretta S.p.A., Lockheed Martin Corporation, FN Herstal S.A., Colt's Manufacturing Company LLC, and Heckler & Koch GmbH, among others.
The key takeaways from the report
- The report will provide detailed analysis of Small Arms and Light Weapons (SALW) Market with respect to major segments such as type, application, and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2015 - 2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Small Arms and Light Weapons (SALW) Market has been included in the report
- Profile of the key players in the Small Arms and Light Weapons (SALW) Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Small Arms and Light Weapons (SALW) Cyber Weapon Market
- Small Arms
- Shoulder Arms
- Submachine Guns
- Grenade Launchers
- Light Machine Guns
- Light Weapons
- Anti-aircraft Guns
- Heavy Machine Guns
- Recoil Less Rifles
- Mounted Grenade Launchers
- Portable Anti-Tank Missile and Rocket Systems
- Other Light Weapons
- Homeland Security
- Military Defense
- Civil Utilities
- North America
- South Korea
- South America
- Middle East