Small Arms And Light Weapons Market By Product (Small Arms, Light Weapons), By Application (Military, Law Enforcement) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

08 Oct 2017 Format PDF icon PPT icon XLS icon Request Sample

Small Arms and Light Weapons (SALW’s), as the name suggests comprises two separate categories of weapons. Small arms are the weapons which are meant for individual use. On the other hand, light weapons refer to those weapons that require two or three people to operate. Presently, there are more than 1,000 companies around the world producing small arms and light weapons. However, these weapons often result in massive human rights violations and also forced displacement of civilians. The impact of small arms and light weapons can be understood from the fact that since the World War II, around 90% of war casualties can be directly attributed to SALW’s.

Police and defense modernization programs across various countries are the primary factors driving the growth of the SALW’s market. Moreover, growing instances of terrorist attacks and urban warfare have also impacted the market growth positively. Increasing focus on the part of the various law enforcement and home security bodies towards curbing illegal activities such as drug trafficking and smuggling has also led to the increasing adoption of SALW’s. In addition, the high practicality of using small arms in encounters and close quarter combat scenarios makes SALW’s the weapon of choice for most of the law enforcement bodies.

The report titled “Global Small Arms and Light Weapons Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global small arms and light weapons market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on product type, application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading small arms and light weapons vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are 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, and Glock Ges.m.b.H. among others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the small arms and light weapons market.
  • Comparative analysis for different segments for the years 2016 & 2025
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global small arms and light weapons market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

As of 2016, the small arms and light weapons market is led by the military segment. Soldier modernization initiatives on the part of the government of various countries have contributed to the growth of the military segment. Moreover, regional cross border tensions between countries too have led to the increasing adoption of SALW’s. The law enforcement segment follows the military segment, in terms of revenue. Increasing instances of criminal violence and illegal activities such as drug trafficking and smuggling can be attributed to the growth of the law enforcement segment.

Countries throughout the world have increased their focus on improving the safety measures. There has been a continuous procurement of new weapons and also the upgrading of the existing ones. The others category of the SALW’s market is expected to witness a high growth rate during the forecast period on account of growing interest of shooting sports among the civilians.

The global SALW’s market is dominated by the Europe region. As of 2016, the region accounts for more than thirty percent of the overall market revenue generated worldwide. The presence of a large number of developed countries, with advanced military and law enforcement have contributed to the growth of the SALW’s market in the region.

Europe is followed by North America, in terms of revenue, in the market. The U.S. is the largest market for SALW’s in North America. The market in the region is primarily driven by a continuous thrive on the part of the defense and law enforcement bodies to upgrade their weapons. Moreover, drug trafficking is one of the most severe issues faced by the U.S. Cocaine, marijuana, methamphetamines and heroin are illegally imported from neighboring nations quite easily. This in turn impacts the SALW’s market positively.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Small Arms And Light Weapons market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Small Arms And Light Weapons market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Research Period  2021-2031
Base Year 2022
Forecast Period  2023-2031
Historical Year  2021
Unit  USD Million
  • Small Arms
    • Rifles
    • Pistols
    • Shotguns
    • Handguns
    • Others
  • Light Weapons
    • Grenade Launchers
    • Landmines
    • Rocket Launchers
    • Mortars
    • Anti-Tank Weapons
    • Rocket Propelled Grenades
    • Others

  • Military
  • Law Enforcement
  • Others

 Region Segment (2021–2031; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Small Arms And Light Weapons market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Small Arms And Light Weapons market?
  • Which is the largest regional market for Small Arms And Light Weapons market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Small Arms And Light Weapons market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Small Arms And Light Weapons market worldwide?
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