Varanasi News Magazine

Small Arms Light Weapons (SALW) Market To 2024: Latest Study Followed By Restraints, Opportunities And Projected Developments By Million Insights

 Breaking News
  • No posts were found

Small Arms Light Weapons (SALW) Market To 2024: Latest Study Followed By Restraints, Opportunities And Projected Developments By Million Insights

May 20
05:45 2020
Small Arms Light Weapons (SALW) Market To 2024: Latest Study Followed By Restraints, Opportunities And Projected Developments By Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global small arms light weapons industry to witness enhanced demand due to rising concerns related to human rights, safety, and security. Increase in the number of intense crimes and increasing demand from defense & military sector are expected to drive the market growth of small arms light weapons.

The global small arms light weapons (SALW) market is expected to value at USD 25.76 billion by 2024. The market is subject to witness a substantial growth due to the growing concerns related to human rights, safety, and security. Increase in the number of intense crimes and increasing demand from defense &military sector are expected to drive the market growth of small arms light weapons. Globally, the small arms light weapons industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

However, several environmental and government protocols, reduction in defense expenses by developed countries due to numerous peace initiatives and challenges from many human rights protestors are key factors obstructing the market progress. Factors responsible for sustained market growth for small arms light weapons market include prevalence of domestic violence, organized crimes, and drugs trafficking.

Get Sample PDF and read more details about the “Small Arms Light Weapons (SALW) Market” Report 2024.

The small arms light weapons (SALW) industry is classifies into two types based on product type such as small arms and light weapons. The small arms market is further sub-categorized into pistols, rifles, revolvers, shotguns, and man-portable machine guns. Small arms are particularly manufactured for the individual use, while light weapons are designed such that more than one person can operate these weapons. Some of the light weapons include landmines, mortars, grenades launchers, rocket launchers, rocket-propelled grenades, anti-tank weapons, and anti-aircrafts. Other factors such as increasing investment for research and development for advanced small & light weaponry sector, and rising defense expenses of developing countries, are advancing the market progress.

The SALW market is broadly categorized into two major segments based on the application type such as military & defense sector, and law enforcement. The military & defense sector is considered as one of the fastest growing segment in the with substantial revenue generation in the last few years. Growing popularity of small arms light weapons (SALW) in the military & defense segment is attributed to the increasing cross-border tensions between countries, political instability and increasing threat from several terrorist outfits. The law enforcement segment has also witnessed substantial growth owing to the prevalence of domestic violence, organized crimes, and drugs trafficking.

The small arms light weapons (SALW) industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in defense sector, increase in the number of research & development activities in the region and existence of well-established manufacturing infrastructure.

Asia-Pacific region is predicted to hold major market share in the small arms light weapons (SALW) market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with growing terrorist activities in the region, rising defense expenditure, growing concerns related to human rights, safety and security, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the SALW industry are GLOCK GmbH., FN Herstel S.A., Berette S.p.A., Colt’s Manufacturing Company LLC, Lockheed Martin Co., Raytheon, Inc., General Dynamics Co., Smith & Wesson Holding Co., SIG Sauer & Co., and Carl Walther GmbH.

Full Research Report On Global Small Arms Light Weapons Market Analysis available at: https://www.millioninsights.com/industry-reports/small-arms-light-weapons-salw-market

Market Segment:

SALW Type Outlook (Revenue, USD Million; 2014 – 2024)
    • Small Arms
    • Light Weight

SALW Application Outlook (Revenue, USD Million; 2014 – 2024)
    • Military
    • Law Enforcement

SALW Regional Outlook (Revenue, USD Million; 2014 – 2024)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • UK
        • Germany
        • France
        • Russia
    • Asia Pacific
        • China
        • Japan
        • India
    • South Korea
        • RoW
    • MEA
        • South America

Browse Latest Press Releases Available With Million Insights:

1. Concrete Reinforcing Fiber Market – https://www.millioninsights.com/press-releases/concrete-reinforcing-fiber-market  

2. Camping Stoves Market – https://www.millioninsights.com/press-releases/camping-stoves-market

About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

For More Information: www.millioninsights.com

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/small-arms-light-weapons-salw-market