Restrict Drug Trafficking Worldwide Contributes to the Growth of SALW Market

Small arms and Light Weapons (SALW) refers to two different classes of weapons. Small arms refer to the kind of weapons designed solely for individual use whereas, light weapons includes arms designed to be used by a crew of two or three persons.

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The Small Arms and Light Weapons (SALW) Market has been categorized on the basis of

> Types
> Application
> Geography

The market on the basis of TYPE has been segmented into:

> Small Arms
Pistols
Rifles
Handguns
Shotguns
Man-Portable Machine Guns

> Light Weapons
Landmines
Mortars
Grenade Launchers
Rocket Launchers
Rocket Propelled Grenades (RPGs)
Anti Tank Weapons
Anti Aircraft Weapons

The market on the basis of APPLICATION has been segmented into:

> Military
> Law Enforcement

The market on the basis of GEOGRAPHY has been segmented into:

> North America
> Europe
> Asia Pacific
> Rest of the World (RoW)

The market for Small Arms and Light Weapons (SALW) is primarily driven by factors such as implementation of Soldier Modernization Programs and Police Modernization Programs across various countries. For example in 2013, the national government of Philippines in an attempt to modernize its local police has announced the procurement of a total of 74,879 modern side arms and 30,253 basic rifles which will be issued to rural frontline units nationwide.

However, the presence of stringent firearm legislations across various countries is one of the major restraints hindering the growth of the Small Arms and Light Weapons (SALW) market. For example, in the U.K., the use of handguns is prohibited and requires special permission in the form of certificate from the police.

The market dynamics, which includes the market drivers, restraints and opportunities, has also been included under the scope of the report. Market dynamics help to understand the current trends in the global market by providing insights of the distinctive factors that influence the growth of the specific market. Thus, this report provides an inclusive study of the global Small Arms and Light Weapons (SALW) market and also provides forecast of the market for the period from 2015-2023.

Some of the major players in the market are:

> Heckler & Koch GmBH
> General Dynamics Corporation
> FN Herstal
> Ruger & Company, Inc.
> SIG SAUER GmbH & Co.
> Colt's Manufacturing Company LLC
> Carl Walther GmbH
> Lockheed Martin Corporation
> Glock Ges. m.b.H.
> Browning Arms Company
> Beretta S.p.A.

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