Small Arms Market Size, Share, Trends, Growth and Forecast Till 2028
IMARC Group, a leading market research company, has recently releases report titled “ Small Arms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. ” The study provides a detailed analysis of the industry, including the global small arms market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How big is the small arms market? The global small arms market size reached US$ 9.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028. What are small arms? Small arms refer to individual or crew-served lightweight weaponry, primarily designed for infantry use. They encompass a range of weapons such as handguns (pistols and revolvers), rifles, submachine guns, light machine guns, and portable launchers of anti-tank missiles and grenade systems...