Learn about the global Small Arms And Light Weapons market through The Business Research Company, which provides information on small arms and light weapons market size, small arms and light weapons market drivers and restraints, small arms and light weapons market players, the COVID-19 impact on the small arms and light weapons market, and more.

The global small arms and light weapons market size is expected to grow from $11.02 billion in 2021 to $11.47 billion in 2022 at a compound annual growth rate (CAGR) of 4.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The light weapons and small arms market is expected to reach $12.17 billion in 2026 at a CAGR of 1.5%.

Increased defense spending is expected to fuel the growth of the small arms and light weapons market over the coming years.

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The small arms and light weapons market consists of sales of small arms and light weapons by entities (organizations, sole traders, and partnerships) that produce small arms and light weapons. Only goods and services traded between entities or sold to end consumers are included.

Global Small Arms And Light Weapons Market Segments Include:

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 and Commercial

By Action: Semi-Automatic, Automatic

By Firing Systems: Recoil-Operated, Gas-Operated, Manual

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the small arms and weapons market in 2021.

The 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.

TBRC’s small arms and light weapons market report covers:

Major Market Players: Beretta S.p.A., FN Herstel, Smith & Wesson Holding Corporation, SIG Sauer, Carl Walther GmbH., GLOCK Ges m.b. H, Colt’s Manufacturing Company LLC, Lockheed Martin Corporation, Thales Group, SAAB AB, Glock Ges. m.b.H., Browning Arms Company, Heckler and Koch, Sturm Ruger & Company, and Alliant Techsystems.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Small Arms And Light Weapons Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides small arms and light weapons market overviews, analyses and forecasts market size, share, small arms and light weapons market players, small arms and light weapons market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s small arms and light weapons market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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