There is no universally accepted definition of a 'small arm' or of a 'light weapon'. The Small Arms Survey largely adopts the proposal put forward by the 1997 UN Panel of Governmental Experts (available on www.un.org) which considers portability a defining characteristic. The Panel’s list includes both civilian and military weapons that fire a projectile with the condition that the unit or system may be carried by an individual, a small number of people, or transported by a pack animal or a light vehicle.
The Small Arms and Light Weapons (SALW) industry can be broken down into several segments, Small Arms and Light Weapons.
According to the new market research report “Global Small Arms and Light Weapons (SALW) Market Report 2023-2029”, published by QYResearch, the global Small Arms and Light Weapons (SALW) market size is projected to reach USD 18.5 billion by 2029, at a CAGR of 3.6% during the forecast period.
- Global Small Arms and Light Weapons (SALW) MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Small Arms and Light Weapons (SALW) Market Report 2023-2029.
- Global Small Arms and Light Weapons (SALW) Top17Players Ranking and Market Share（Based on data of 2021, Continually updated）
Based on or includes research from QYResearch: 2021 data information of Global Small Arms and Light Weapons (SALW) Market Report 2023-2029.
The global key manufacturers of Small Arms and Light Weapons (SALW) include General Dynamics, Sturm, Ruger & Co., Smith & Wesson, NORINCO GROUP, FN Herstal, Glock Ges. m.b.H., Beretta S.p.A., Ordnance Factory Board (OFB), Colt's Manufacturing, Taurus, etc. In 2021, the global top five players had a share approximately 16.0% in terms of revenue.
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