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The global small arms light weapons (SALW) market size was valued over USD 18.70 billion in 2015. The increasing civilian interest in various sports such as shooting and self-defense are expected to boost market growth for small arms weapons. The rising incidents of armed violence and terrorism has led the civilians to procure the weapons for self-defense purposes. Various law enforcement and military agencies have also invested heavily in the industry globally for acquiring advanced weapon systems which include pistols, rifles, and shotguns. Read More »
The global rear axle market size was valued at USD 40.87 billion in 2015. The increasing demand for fuel-efficient vehicles and stringent norms by the government regarding emissions are expected to drive the industry over the forecast period. Lightweight rear axles are developed and designed to fulfill the consumer demands. The growing demand for safety, optimum comfort, and cost advantage to consumers is anticipated to increase the adoption of the technology. Read More »
The global rear axle market is expected to reach USD 57.77 billion by 2024, according to a new report by Grand View Research, Inc. The increasing concern over safety and security is anticipat... Read More »
The global enterprise wearable market is expected to reach USD 22.3 billion by 2025, according to a new study conducted by Grand View Research, Inc. The high demand for ... Read More »