- Written by Pitch Engine
The global small arms market is expected to grow from an estimated USD 4.09 billion in 2015 to USD 4.92 billion by 2020, at a CAGR of 3.8% from 2015 to 2020. The small arms market is driven by several factors, such as rising number of wars and cross-border disputes, rise in terrorism, and increasing civilian use of small arms for sports and...