Small Arms and Light Weapons Global Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032
The Business Research Company’s Small Arms and Light Weapons Global Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032
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LONDON, GREATER LONDON, UK, March 20, 2023 /EINPresswire.com/ — The Business Research Company’s “Small Arms and Light Weapons Global Market Report 2023” is a comprehensive source of information that covers every facet of the small arms and light weapons market. As per TBRC’s small arms and light weapons market forecast, 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%.
Increased defense spending is expected to fuel the growth of the small arms and light weapons market over the forecast period. Asia-Pacific is expected to hold the largest small arms and light weapons market share. Major players in the small arms and light weapons market include Beretta S.p.A., FN Herstel, Smith & Wesson Holding Corporation, SIG Sauer.
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Trending Small Arms and Light Weapons Market Trend
Growing technological advancements are a major trend gaining popularity in the small arms and light weapons market. 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.
Small Arms and Light Weapons Market Segments
•By Type: Small Arms, Light Weapons
•By Application: Military, Law Enforcement
•By Caliber: 14.5mm, 12.7 mm, 9 mm, 7.62mm, 5.56mm
•By End-Use Sector: Defense, Civil & Commercial
•By Action: Semi-Automatic, Automatic6) By Firing Systems: Recoil-Operated, Gas-Operated, Manual
•By Geography: The global small arms and light weapons market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read more on the global small arms and light weapons market report at:
https://www.thebusinessresearchcompany.com/report/small-arms-and-light-weapons-global-market-report
Small arms and light weapons refer to light weapons that are used by two or more persons as a crew such as pistols, rifles, submachine guns, assault rifles, and light machine guns.
Small Arms and Light Weapons Global Market Report 2023 from TBRC covers the following information:
•Market size date for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Small Arms and Light Weapons Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on small arms and light weapons global market size, drivers and trends, small arms and light weapons global market major players, competitors’ revenues, market positioning, and small arms and light weapons global market growth across geographies. The small arms and light weapons global market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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