Small Arms and Light Market Size, Detailed Analysis of Current Industry Figures with Forecasts Growth By 2027

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The Small Arms and Light Market report upholds the future market predictions related to Small Arms and Light market size, revenue, production, Consumption, gross margin and other substantial factors. It also examines the role of the prominent Small Arms and Light market players involved in the industry including their corporate overview. While emphasizing the key driving factors for Small Arms and Light market, the report also offers a full study of the future trends and developments of the market.

Global Small Arms and Light Market is valued approximately USD 21.5 million in 2019 and is anticipated to grow with a healthy growth rate of more than 4.5 % over the forecast period 2020-2027. Small arms and Light Weapons are weapons that can be carried and operated by no more than three persons without the use of a vehicle. The Small arms are made for discrete use while light weapons are arms that are used by a crew. The rising incidents of armed violence and terrorism have propelled civilians to procure weapons for self-defense purposes driving the market growth

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Further, increasing initiatives from government agencies fosters the market growth. As with the Police Modernization program and Soldier Modernization program set in Asia-Pacific and Middle eastern region creates larger market stir in market growth. For Instance: In June 2019, the Italian Ministry of Defense and Ministry of Economic Development announced to jointly invest USD 8.2 billion in the defense industry's need for Modernization. Furthermore, the initiatives taken by countries such as Russia, US and France against terrorism is expected to increase demand. Also, increasing measures to curb the human right violations and drug trafficking also accelerates the market growth

Small Arms and Light Market forecasting derived from in-depth understanding attained from future market spending patterns provides enumerated insight to support your decision-making process. Our market forecasting is based on a market model derived from market connectivity, dynamics, and identified persuasive factors around which conventions about the market are made. These conventions are enlightened by fact-bases, put by primary and secondary research instruments, regressive analysis and an extensive connect with industry people.

Further, high investment in the defense Research and Development for shoulder- wired weapons made for developing a highly robust reliable and durable weapon supports the market growth. As per the Stockholm International Peace research institute (SPIRI) United States increased their defense spending by 5.3% reaching a total of USD 732 billion in 2019 as compared to their spending in 2018. Accounting for 38% of the global defense spending. However, Stringent firearm legislation across countries impedes the growth of the market over the forecast period of 2020-2027. Although, 3D printed guns and corner shot rifles a lucrative opportunity for the market.

Major Companies covered in  Small Arms and Light market report are: General Dynamics Corporation, FN Herstal SA, Sturm, Ruger & Co., SIG Sauer GmbH, Colt's Manufacturing Co. LLC, Carl Walther GmbH, Lockheed Martin Corporation, Glock Gesm.b.H., Browning Arms Company, Beretta S.p.A

The report Small Arms and Light market is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Besides, the Small Arms and Light market report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Moreover, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Table of Contents

1 Small Arms and Light Market overview

  • Market Introduction
  • Research Objectives
  • Years Considered
  • Market Research Methodology
  • Economic Indicators
  • Currency Considered

2 Executive Summary

  • World Market Overview
  • Global Small Arms and Light Consumption analysis and forecast
  • Small Arms and Light Consumption CAGR by Region

3 Market Drivers, Challenges and Trends

  • Small Arms and Light Market Drivers and Impact
  • Growing Demand from Key Regions
  • Growing Demand from Key Applications and Potential Industries
  • Market Challenges and Impact
  • Small Arms and Light Market Trends

4 Marketing, Distributors and Customer

  • Sales Channel
  • Direct Channels
  • Indirect Channels

5 Key Players Analysis

  • Company Details
  • Small Arms and Light Product Offered
  • Main Business Overview
  • Product Benchmarking
  • Recent Developments and Technological Advancement

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