The Business Research Company’s report on the Light Weapons Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the light weapons industry?
The increase in instances of terrorist activities and conflicts and the rise in the number of illegal activities will propel the growth of the light weapons market. Terrorist acts entail the use or threat of violence to instil fear in a large number of people, not only the direct victims. Light weapons such as pistols, rifles, submachine guns, assault rifles, and light machine guns are used by law regulators to control terror activities. As terrorist activities, conflicts, and illegal activities grow, there will be an increased demand for light weapons to mitigate them. For instance, in March 2023, according to Global Terrorism Index (GTI) 2023, the number of deaths more than doubled, albeit from a low base from nine deaths in 2021 to 19 in 2022, with 11 of these occurring in the US during terrorist attack. Thus, the increasing instances of terrorist activities and conflicts and the rise in the number of illegal activities will contribute to the growth of the light weapons market.
Access Your Free Sample of the Global Light Weapons Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=6487&type=smp
What is the estimated market size of the light weapons sector by 2029, based on current forecasts?
The light weapons market size has grown strongly in recent years. It will grow from $13 billion in 2024 to $14.18 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to counter-terrorism operations, law enforcement needs, small arms proliferation, geopolitical tensions, firearms trade.
The light weapons market size is expected to see strong growth in the next few years. It will grow to $19.48 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to unmanned aerial systems (uas), biosecurity threats, global health crises, chemical and biological protection threats, demilitarization initiatives. Major trends in the forecast period include modular weapon systems, non-lethal weaponry, miniaturization and compact design, integration of electro-optical sights, remote weapon stations (rws).
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=6487&type=smp
#Who are the top players in the light weapons market?
Major companies operating in the light weapons market include Lockheed Martin Corporation, Alliant Techsystems Inc., Rheinmetall AG, Raytheon Technologies Corporation, Thales Group, BAE Systems plc, Northrop Grumman Corporation, General Dynamics Corporation, FN Herstal Group, Heckler & Koch GmbH, Kalashnikov Concern, SIG Sauer Inc., Colt’s Manufacturing LLC, Beretta SpA, Smith & Wesson Brands Inc., Barrett Firearms Manufacturing Inc., Taurus Holdings LLC, Savage Arms, Steyr Arms, IWI Ltd., Springfield Armory Inc., Ceská zbrojovka AS, Mauser Jagdwaffen GmbH, Radom LLC, Serbska Fabrika Automobila, Arsenal Inc., Zastava Arms, China North Industries Group Corporation Limited., HS Produkt d.o.o.
#What are the major trends in the light weapons market?
Major companies operating in the light weapons market are focusing on technological advancement, such as fully automatic machine guns, to enhance market share and gain a competitive edge. Fully automatic light machine guns are lightweight firearms that can continuously fire rounds as long as the trigger is held, making them ideal for sustained fire in military and law enforcement applications. For instance, in February 2023, Caracal International LLC, a UAE-based firearm producer, unveiled the CARACAL LIGHT MACHINE GUN 556 (CLMG 556) at the International Defense Exhibition (IDEX 2023). Developed as the first machine gun in the UAE, the CLMG 556 prioritizes the end-user experience and incorporates advanced rapid prototyping and precision manufacturing technologies. It features a five-position telescopic stock, an adjustable cheekpiece, and a long rail for attachments. Additionally, it includes a fixed iron sight with range adjustment, a built-in bipod with adjustable height, and a hammer-forged chrome-lined barrel available in three interchangeable lengths (13”, 16”, and 18”) for enhanced durability.
Which geography holds the highest light weapons market share?
North America was the largest region in the light weapons market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the light weapons market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/light-weapons-global-market-report
How do different segments contribute to the overall expansion of the light weapons market?
The light weapons market covered in this report 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 Materials: Steel, Polymers
Subsegments:
1) By HMG (Heavy Machine Guns): .50 Caliber Machine Guns, 7.62mm Machine Guns
2) By Light Cannon: Automatic Cannons, Low-Caliber Cannons
3) By MANPAT (Man-Portable Anti-Tank): Anti-Tank Guided Missiles (ATGMs), Shoulder-Fired Anti-Tank Weapons
4) By Mortar: Light Mortars, Medium Mortars
5) By MANPAD (Man-Portable Air Defense): Infrared Guided Missiles, Surface-To-Air Missiles
6) By Grenades: Hand Grenades, Rifle Grenades,
7) By Missiles: Surface-To-Surface Missiles, Surface-To-Air Missiles
8) By Launcher: Grenade Launchers, Rocket Launchers
9) By ATW (Anti-Tank Weapons): Recoil-less Rifles, Rocket-Propelled Grenades (RPGs)
10) By Landmine: Anti-Personnel Mines, Anti-Tank Mines
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6487
What defines the structure and scope of the light weapons market?
Light weapons refer to weapons designed for use by two or three persons serving as a crew that can be carried and used by a single person. These are incendiary devices, crew-served kinetic firearms, or explosive munitions.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
