Light Weapons Market Size by Type (Heavy Machine Guns, Light Canons, Recoilless Weapons, MANPATS, MANPADS and others), By Technology (Guided and Unguided), Operation (Crew-Served and Individual), End Use (Defense and Homeland Security), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Light Weapons Market is expected to be around US$ 18.10 Billion by 2028 at a CAGR of 4.5% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
4
REPORT DESCRIPTION
The Light Weapons Market is expected to be around US$ 18.10 Billion by 2028 at a CAGR of 4.5% in the given forecast period.
The development of the battlefield environment has necessitated the following upgrade and customization of armament. The requirement for lightweight, high-precision, and compact weapon systems has driven the innovators to invest significant resources in the development of advancement weapon systems. The development of technology has resulted in the development of guided weapons with a high target hit ratio, which are supported by a range of accessories such as night vision devices, weapon sights, aiming lasers, laser rangefinders and fire control systems. Such developments are projected to fuel the global light weapons market over the estimated period. Moreover, the increasing investments in the defense budget, decreased manufacturing costs of the guns and weapons with the support of 3D printing mechanisms, surging demand for smart guns and rising utilization of polymer in the aims and weapons industry are certain factors driving the market growth.
The global Light Weapons market is segregated on the basis of Type as Heavy Machine Guns, Light Canons, Recoilless Weapons, MANPATS, MANPADS and others. Based on Technology the global Light Weapons market is segmented in Guided and Unguided. Based on Operation the global Light Weapons market is segmented in Crew-Served and Individual. Based on End Use the global Light Weapons market is segmented in Defense and Homeland Security.
The global Light Weapons market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Light Weapons market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
FN Herstal SA, Saab AB, Raytheon Technologies Corporation, MBDA Inc., Thales Group, BAE Systems PLC, Rheinmetall AG, Rostec, Lockheed Martin Corporation, Rafael Advanced Defense Systems Ltd, and others are among the major players in the global Light Weapons market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Light Weapons Market has been segmented as below:
Light Weapons Market, By Type
Light Weapons Market, By Technology
Light Weapons Market, By Operation
Light Weapons Market, By End Use
Light Weapons Market, By Region
Light Weapons Market, By Company
The report covers:
Report Scope:
The global Light Weapons market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Light Weapons market share. Major industry players with significant revenue share include FN Herstal SA, Saab AB, Raytheon Technologies Corporation, MBDA Inc., Thales Group, BAE Systems PLC, Rheinmetall AG, Rostec, Lockheed Martin Corporation, Rafael Advanced Defense Systems Ltd, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Light Weapons Market, By Type
5.1. Introduction
5.2. Heavy Machine Guns
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Light Canons
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Recoilless Weapons
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. MANPATS
5.5.1. Market Overview
5.5.2. Market Size and Forecast
5.6. MANPADS
5.6.1. Market Overview
5.6.2. Market Size and Forecast
5.7. others
5.7.1. Market Overview
5.7.2. Market Size and Forecast
6. Light Weapons Market, By Technology
6.1. Introduction
6.2. Guided
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Unguided
6.3.1. Market Overview
6.3.2. Market Size and Forecast
7. Light Weapons Market, By Operation
7.1. Introduction
7.2. Crew-Served
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Individual
7.3.1. Market Overview
7.3.2. Market Size and Forecast
8. Light Weapons Market, By End Use
8.1. Introduction
8.2. Defense
8.2.1. Market Overview
8.2.2. Market Size and Forecast
8.3. Homeland Security
8.3.1. Market Overview
8.3.2. Market Size and Forecast
9. Light Weapons Market, By Geography
9.1. Introduction
9.2. North America
9.2.1. North America Light Weapons, By Type
9.2.2. North America Light Weapons, By Technology
9.2.3. North America Light Weapons, By Operation
9.2.4. North America Light Weapons, By End Use
9.3. Europe
9.3.1. Europe Light Weapons, By Type
9.3.2. Europe Light Weapons, By Technology
9.3.3. Europe Light Weapons, By Operation
9.3.4. Europe Light Weapons, By End Use
9.4. Asia-Pacific
9.4.1. Asia-Pacific Light Weapons, By Type
9.4.2. Asia-Pacific Light Weapons, By Technology
9.4.3. Asia-Pacific Light Weapons, By Operation
9.4.4. Asia-Pacific Light Weapons, By End Use
9.5. Rest of the World
9.5.1. Rest of the World Light Weapons, By Type
9.5.2. Rest of the World Light Weapons, By Technology
9.5.3. Rest of the World Light Weapons, By Operation
9.5.4. Rest of the World Light Weapons, By End Use
10. Competitive Insights
10.1. Key Insights
10.2. Company Market Share Analysis
10.3. Strategic Outlook
10.3.1. Mergers & Acquisitions
10.3.2. New Product Developments
10.3.3. Portfolio/Production Capacity Expansions
10.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5. Others
11. Company Profiles
11.1. FN Herstal SA
11.1.1. Company Overview
11.1.2. Product/Service Landscape
11.1.3. Financial Overview
11.1.4. Recent Developments
11.2. Saab AB
11.2.1. Company Overview
11.2.2. Product/Service Landscape
11.2.3. Financial Overview
11.2.4. Recent Developments
11.3. Raytheon Technologies Corporation
11.3.1. Company Overview
11.3.2. Product/Service Landscape
11.3.3. Financial Overview
11.3.4. Recent Developments
11.4. MBDA Inc.
11.4.1. Company Overview
11.4.2. Product/Service Landscape
11.4.3. Financial Overview
11.4.4. Recent Developments
11.5. Thales Group
11.5.1. Company Overview
11.5.2. Product/Service Landscape
11.5.3. Financial Overview
11.5.4. Recent Developments
11.6. BAE Systems PLC
11.6.1. Company Overview
11.6.2. Product/Service Landscape
11.6.3. Financial Overview
11.6.4. Recent Developments
11.7. Rheinmetall AG
11.7.1. Company Overview
11.7.2. Product/Service Landscape
11.7.3. Financial Overview
11.7.4. Recent Developments
11.8. Rostec
11.8.1. Company Overview
11.8.2. Product/Service Landscape
11.8.3. Financial Overview
11.8.4. Recent Developments
11.9. Lockheed Martin Corporation
11.9.1. Company Overview
11.9.2. Product/Service Landscape
11.9.3. Financial Overview
11.9.4. Recent Developments
11.10. Rafael Advanced Defense Systems Ltd
11.10.1. Company Overview
11.10.2. Product/Service Landscape
11.10.3. Financial Overview
11.10.4. Recent Developments
11.11. Denel SOC Ltd
11.11.1. Company Overview
11.11.2. Product/Service Landscape
11.11.3. Financial Overview
11.11.4. Recent Developments
11.12. General Dynamics Corporation
11.12.1. Company Overview
11.12.2. Product/Service Landscape
11.12.3. Financial Overview
11.12.4. Recent Developments
11.13. Heckler & Koch GmbH
11.13.1. Company Overview
11.13.2. Product/Service Landscape
11.13.3. Financial Overview
11.13.4. Recent Developments
11.14. Israel Aerospace Industries Ltd.
11.14.1. Company Overview
11.14.2. Product/Service Landscape
11.14.3. Financial Overview
11.14.4. Recent Developments
The Light Weapons Market has been segmented as below:
Light Weapons Market, By Type
Light Weapons Market, By Technology
Light Weapons Market, By Operation
Light Weapons Market, By End Use
Light Weapons Market, By Region
Light Weapons Market, By Company
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