Credence Research, the leading business intelligence provider, has published its latest research, "Small Arms and Light Weapons Market 2026", which gives insights into Small Arms and Light Weapons in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Researchs team of industry experts.

This research report gives worldwide Small Arms and Light Weapons volume forecast and recent quarter review of major Small Arms and Light Weapons vendor performance. The report includes major vendors' volume, growth trends, revenue and revenue growth trends, operating profit margin and ASP, along with analyst insights.

Market Insights

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 SALWs are no exception. With the rising instances of violence and criminal offences, SALWs are increasingly being adopted by different law enforcement and civil safety bodies.

The SALWs 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 SALWs 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 SALWs across various countries. These factors in combination are expected to continue driving the SALWs market growth during the forecast period.

However, various countries across the world have enforced stringent firearm legislations, which makes it difficult for the common man to own it. For example, according to The Arms Act, 1959 and the Arms Rules 1962 (India), the sale, acquisition, possession, manufacture, import, export, and transport of firearms and ammunition is prohibited unless under a license. This makes it difficult for common people to possess weapons for their safety, thereby limiting the consumer base. This forms one of the major restraints for the SALWs market growth.

The overall SALWs 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.

 Leading Players:   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..

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Scope

    The report presents the brief overview of Small Arms and Light Weapons Market including business description, key information and facts, and its locations and subsidiaries

    The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones

    Special feature on out-licensed and partnered product portfolio

    The report summarizes all the dormant and discontinued projects

    Latest company statement

    Latest news and deals relating to the Small Arms and Light Weapons products

Research methodology

The following research methods were used in this report:

    Desk study

    A questionnaire survey among specialty retail chains

    Analyzing statistical data released by the Federal Customs Service

    Desk study sources include materials taken from print and online media conference materials.

Reasons to Buy

    The report provides information about technology solutions needed for the implementation of Small Arms and Light Weapons projects, and allows readers to make effective business decisions

    The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Small Arms and Light Weapons solutions

    The report highlights projected investment on Small Arms and Light Weapons over the next two years. This will help organizations to allocate budget towards Small Arms and Light Weapons implementation and business expansion

    The report helps executives plan their adoption of Small Arms and Light Weapons by providing expected timeframes for implementation

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