Small Arms And Light Weapons Market Global Competition And Business Outlook 2023 To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Small Arms And Light Weapons Global Market Report 2023 identifies Increased defense spending as the major driver for the Small Arms And Light Weapons market's growth in the forecast period. Countries around the world are investing in defense because of their conflicts and rivalries with other nations.

The global small arms and light weapons market size will grow from $12.07 billion in 2022 to $12.9 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global small arms and light weapons market size is expected to grow to $15.54 billion in 2027 at a CAGR of 4.8%.

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Major competitors in the Small Arms And Light Weapons market are Beretta S.p.A., FN Herstel, Smith & Wesson Holding Corporation, SIG Sauer, Carl Walther GmbH., and GLOCK Ges m.b. H

A key trend in the Small Arms And Light Weapons market includes Growing technological advancements. Major companies operating in the small arms and light weapons market are focused on developing advanced technology solutions for small arms and light weapons. For instance, in August 2021, MZA Associates Corp., a US-based laser weapons company, announced that they collaborated with the US military to develop a compact, portable, low-cost, and reliable C-UAS HELWS to damage or destroy unmanned aerial vehicles (UAVs) that are violating the airspace of military bases or other sensitive installations.

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The Small Arms And Light Weapons market is segmented -
1) By Type: Small Arms, Light Weapons
2) By Application: Military, Law Enforcement
3) By Caliber: 14.5mm, 12.7 mm, 9 mm, 7.62mm, 5.56mm
4) By End-Use Sector: Defense, Civil & Commercial
5) By Action: Semi-Automatic, Automatic6) By Firing Systems: Recoil-Operated, Gas-Operated, Manual

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Small Arms And Light Weapons market.

The Business Research Company's "Global Small Arms And Light Weapons Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Small Arms And Light Weapons Market Include:
1. Executive Summary
2. Small Arms and Light Weapons Market Characteristics
3. Small Arms and Light Weapons Market Trends And Strategies
4. Small Arms and Light Weapons Market - Macro Economic Scenario
5. Small Arms and Light Weapons Market Size And Growth
……
27. Small Arms and Light Weapons Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Small Arms and Light Weapons Market
29. Small Arms and Light Weapons Market Future Outlook and Potential Analysis
30. Appendix

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