According to the North Atlantic Treaty Organization (NATO), small arms are weapons intended for use by an individual and include rifles, pistols, assault rifles, submachine guns, and light machine guns. On the other hand, light weapons are used by two or more persons serving as a crew and include grenade launchers, heavy machine guns, anti-aircraft guns, mortars, and anti-tank guns. All these light weapons are less than 100 mm in caliber. The rapidly changing nature of warfare and militarization of police forces across nations have boosted the demand from the global small arms and light weapons market.

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Defense Sector to Dominate Demand from Global Small Arms and Light Weapons Market

Small arms and light weapons are cheap and easy to handle, conceal and transport. The United Nations Office for Disarmament Affairs notes that small arms and light weapons have become the weapons of choice in civil wars and for organized crime, terrorism, and gang warfare. While military and law enforcement agencies across the globe are fuelling the global small arms and light weapons market, illegal trading of small arms in sensitive regions has emerged as a major challenge faced by the market. 3D printing guns and corner shot rifles is the latest trend in the market. 3D printed guns are untraceable during any security checks, which has increased its demand among terrorists and criminals. Corner shot rifles let a combatant fire without actually facing the target.

Based on mechanism, small arms and light weapons can be segmented into automatic, semi-automatic, select fire, and manual weapons. The demand for automatic and semi-automatic small arms and light weapons has been significantly high. Defense, commercial, and homeland security are the key end user segments of the global small arms and light weapons market. The defense sector dominates the overall market.

Demand for Small Arms and Light Weapons Surges in Syria

Geographically, the global small arms and light weapons market has been segmented into Asia Pacific, North America, Europe, and Rest of the World. The U.S. and Israel are the key regional segments of the global small arms and light weapons market. However, in the near future, Asia Pacific is expected to emerge as a prominent region in the market. The Middle East is another major contributor to the global small arms and light weapons market due to the political instability, civil unrest, domestic terrorism, and tensions between Iraq and the neighboring Gulf states. Further, the ongoing conflict in Syria has propelled the demand for small arms and light weapons.

Key players in Global Small Arms and Light Weapons Market

Some of the key players in the global small arms and light weapons market are Browning Arms Company, Nammo AS, Israel Military Industries (IMI), Glock Perfection, Smith & Wesson Corp., Heckler & Koch GmBH (HK), BAE Systems, E.R. Shaw Inc., Alliant Techsystems Inc., Indian Ordnance Factories, Sturm Ruger & Co, Zakady Mechaniczne Tarnów S.A., Colt Manufacturing Company LLC., FN Herstal, Arsenal JSCo., and Taurus International Manufacturing Inc.

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