Light Weapons Global Market Report 2023 – By Type (HMG, Light Cannon, MANPAT, Mortar, MANPAD, Grenades, Missiles, Launcher, ATW, Landmine), By Application (Defense, Homeland Security), By Technology (Guided, Unguided), By Materials (Steel, Polymers) – Market Size, Trends, And Global Forecast 2023-2032

What is the definition of the light weapons market?

The light weapons market consists of sales of light weapons by entities (organizations, sole traders, and partnerships) that refer to weapons designed for use by two or three persons serving as a crew can be carried and used by a single person. These include heavy machine guns, hand-held under-barrel and mounted grenade launchers, portable anti-aircraft guns, portable anti-tank guns, recoilless rifles, portable launchers of anti-tank missiles, and rocket systems, portable launchers of anti-aircraft missile systems, and mortars of a caliber of fewer than 100 millimeters.

How will the light weapons market drivers and restraints affect light weapons market dynamics? What forces will shape the light weapons industry going forward?

The light weapons market growth is aided by the increasing instances of terrorist activities and conflicts and the rise in the number of illegal activities.

What is the forecast market size of the light weapons market?

The light weapons market is expected to reach $12.88 billion in 2026 at a rate of 4.78%.

How is the light weapons segmented?

The global light weapons market is segmented -
1) By Type: HMG, Light Cannon, MANPAT, Mortar, MANPAD, Grenades, Missiles, Launcher, ATW, Landmine 2) By Application: Defense, Homeland Security 3) By Technology: Guided, Unguided 4) By Material: Steel, Polymers

Which region has largest share, and what is the market size and growth by geography according to the light weapons global market report?

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Who are the key players of the light weapons market?

Top competitors in the light weapons market are Lockheed Martin Corporation, Alliant Techsystems Inc, Rheinmetall AG, Raytheon Technologies Corporation, Thales Group, Heckler & Koch, F N Herstal, SAAB AB, MBDA Inc, BAE Systems plc, Rostec, Rafael Advanced Defense Systems Ltd, General Dynamics Corporation, John Cockerill (Cockerill Maintenance), Elbit Systems, Arsenal JSCo and Indian Ordnance Factories Organization.

What are the key trends in the light weapons market?

Major trends influencing the light weapons market include the evolution of technology. Technology is shaping how wars are fought, borders are protected, crooks are caught, and individual rights are defined. The evolution of technology has led to the development of guided weapons with a high target hit ratio, which is supported by a range of accessories. Weapon sights, night vision equipment, targeting lasers, laser rangefinders, and fire control systems are just a few examples.

What are the major opportunities in the light weapons market and the approaches companies can take to take advantage of them?

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How does the light weapons market relate to the overall economy and other similar markets?

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