Small Arms Light Weapons Market Trends | Growth and Dynamics | Forecast To 2024
“Global Small Arms Light Weapons Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.�
The global Small Arms Light Weapons (SALW) Market is expected to value at USD 25.76 billion by 2024. The market is subject to witness a substantial growth due to the growing concerns related to human rights, safety, and security. Increase in the number of intense crimes and increasing demand from defense &military sector are expected to drive the market growth of small arms light weapons. Globally, the small arms light weapons industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. However, several environmental and government protocols, reduction in defense expenses by developed countries due to numerous peace initiatives and challenges from many human rights protestors are key factors obstructing the market progress. Factors responsible for sustained market growth for small arms light weapons market include prevalence of domestic violence, organized crimes, and drugs trafficking. The small arms light weapons (SALW) industry is classifies into two types based on product type such as small arms and light weapons. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industryreports/small-arms-light-weapons-salw-market/request-sample