Product Code: GVR-1-68038-276-1
Small Arms And Light Weapons Market Growth & Trends:
The global small arms and light weapons market size is expected to reach USD 37.50 billion by 2030, registering a CAGR of 7.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing issues on human rights and safety and security are expected to drive the demand. The increasing effects of urban warfare along with increasing terrorism incidents have also led to the development of the small arms light weapons across various regions. An increase in the urban warfare along with increased terrorist activity is anticipated to propel the market growth. The development of light-weight weapons for further enhancement of defense system is an ongoing trend in the developed countries.
Increasing criminal activities and human rights violations have resulted in the increased efforts for the technology advancements and modernization of the weapons utilized by law enforcement. The Combat Development and Integration Command's Fires and Maneuver Integration Division of marines introduced the small arms modernization strategy which is expected to focus on updating and developing the current weapons in short-term and futuristic systems that could hit the fleet in the 2020s.
The governments of various countries are also investing their resources for the development of highly sophisticated weapon accessories such as night vision devices, laser rangefinders, weapon sights, aiming lasers, and fire control systems. High investment in the defense Research & Development (R&D) for shoulder -wired weapons made for developing a highly robust, reliable, and durable weapons system has also catapulted the demand for light weapons in military applications. The limited defense budget to boost the development of defense system is expected to hinder the market growth.
Small Arms And Light Weapons Market Report Highlights:
- The light weapons segment held the largest market revenue share of 50.0% in 2023. The rising need for self-defense and security, particularly in regions experiencing political instability or high crime rates, is contributing to this demand..
- The small arms segment is expected to grow significantly over the forecast period. Rising concerns over personal safety and security have led individuals to seek firearms for self-defense purposes.
- The civilian segment held the largest market revenue share in 2023. The rising interest in personal safety and self-defense prompts more individuals to purchase firearms for protection.
- The law enforcement segment is projected to grow with the fastest CAGR over the forecast period. The growing need for enhanced security measures in response to increasing crime rates and terrorism threats.
- North America dominated the market in 2023 accounting for a market revenue share of 43.3%. The growing popularity of shooting sports and outdoor activities has led to a rise in gun ownership as enthusiasts seek firearms for recreational purposes.
- Asia Pacific is projected to grow at the fastest CAGR over the forecast period. The ongoing security concerns and regional conflicts in certain areas heighten the need for defense and law enforcement agencies to upgrade and expand their arsenals.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Small Arms and Light Weapons (SALW) Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million), (Volume in Units)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Small Arms and Light Weapons (SALW) Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Small Arms and Light Weapons (SALW) Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Small Arms and Light Weapons (SALW) Market: Product Movement Analysis, Volume in Units, 2023 & 2030 (USD Million)
- 4.3. Small Arms
- 4.3.1. Small Arms Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.3.1.1. Pistols & Revolvers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.3.1.2. Bolt-action Rifles & Carbines Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.3.1.3. Submachine Guns Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.3.1.4. Assault Rifles Modification Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.3.1.5. Light Machine Guns Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.4. Light Weapons
- 4.4.1. Light Weapons Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.1.1. Heavy Machine Guns Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.4.1.2. Under-barrel & Mounted Grenade Launchers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.4.1.3. Portable Anti-Tank Guns Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.4.1.4. Recoilless Guns Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 4.4.1.5. Portable Launchers & Rocket Systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
Chapter 5. Small Arms and Light Weapons (SALW) Market: End Use Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Small Arms and Light Weapons (SALW) Market: End Use Movement Analysis, Volume in Units, 2023 & 2030 (USD Million)
- 5.3. Civilians
- 5.3.1. Civilians Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 5.4. Military
- 5.4.1. Military Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 5.5. Law Enforcement
- 5.5.1. Law Enforcement Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
Chapter 6. Small Arms and Light Weapons (SALW) Market: Regional Estimates & Trend Analysis
- 6.1. Small Arms and Light Weapons (SALW) Market Share, By Region, 2023 & 2030, Volume in Units, USD Million,
- 6.2. North America
- 6.2.1. North America Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.2.2. U. S.
- 6.2.2.1. U. S. Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.2.3. Canada
- 6.2.3.1. Canada Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.3. Europe
- 6.3.1. Europe Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.3.2. UK
- 6.3.2.1. UK Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.3.3. Germany
- 6.3.3.1. Germany Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.3.4. France
- 6.3.4.1. France Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.3.5. Italy
- 6.3.5.1. Italy Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.3.6. Spain
- 6.3.6.1. Spain Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.2. China
- 6.4.2.1. China Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.3. India
- 6.4.3.1. India Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.4. Japan
- 6.4.4.1. Japan Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.6. Thailand
- 6.4.6.1. Thailand Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.7. Vietnam
- 6.4.7.1. Vietnam Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.8. Philippines
- 6.4.8.1. Philippines Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.4.9. Indonesia
- 6.4.9.1. Indonesia Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.5. Latin America
- 6.5.1. Latin America Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.5.3. Argentina
- 6.5.3.1. Argentina Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.6.3. UAE
- 6.6.3.1. UAE Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.6.4. Qatar
- 6.6.4.1. Qatar Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
- 6.6.5. Israel
- 6.6.5.1. Israel Small Arms and Light Weapons (SALW) Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Units)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. Heckler & Koch
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Colt
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Beretta USA Corp.
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. FN HERSTAL
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Glock, Inc.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Kalashnikov Concern JSC
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. RemArms LLC.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. KNDS France
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. SIG SAUER
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. General Dynamics Corporation
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives
- 7.4.11. Smith & Wesson
- 7.4.11.1. Participant's Overview
- 7.4.11.2. Financial Performance
- 7.4.11.3. Product Benchmarking
- 7.4.11.4. Recent Developments/ Strategic Initiatives
- 7.4.12. DASAN MACHINERIES CO., LTD.
- 7.4.12.1. Participant's Overview
- 7.4.12.2. Financial Performance
- 7.4.12.3. Product Benchmarking
- 7.4.12.4. Recent Developments/ Strategic Initiatives