The global light weapons market is forecasted to be worth USD 17.39 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the light weapons in the special taskforce, rising domestic violence terrorist attacks, increasing interest in the adoption of mobile rocket launcers, anti-aircraft anti-submarine misiles, to name a few.
The current COVID-19 pandemic is expected to have an effect on the growth of the Light Weapons industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and Light Weapons will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall Light Weapons industry.
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Key companies operating in the Light Weapons market include:
Smith Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., Raytheon Company
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Light Weapons market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Light Weapons Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Light Weapons Market Segmentation:
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Rifles Machine Guns
- Manpads Launchers
- Small Morters Mobile Rocket Launchers
- Grenades Landmines
- Anti-Aircraft/Anti-Submarine Missiles
- Light Anti-Tank Weapons
- Others
End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Military
- Law Enforcement
Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Steel
- Aluminum
- Polymer
- Others
Light Weapons Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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