Global Light Weapons Market Forecast to 2027
The Light Weapons Market report provides information on market size, market share, revenue growth, and CAGR from 2020 to 2027. The report also provides key insights about the market’s top companies, as well as a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to provide readers with a competitive advantage. The report focuses on the current pandemic’s recent trends, major challenges and opportunities, and limitations.
According to a recent estimate by Emergen Research, the market for light weapons would be valued USD 17.39 billion by 2027. The primary elements driving market expansion include, among others, the increased use of light weapons by special task forces, an increase in domestic violence and terrorist acts, rising interest in the use of mobile rocket launchers, and anti-aircraft and anti-submarine missiles.
Besides, extensive rise in the cross-border conflict, broadening the number of armed law enforcement troops & new taskforce battalions, and asymmetric warfare & intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of the polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.
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The global Light Weapons industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
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
Research Report on the Light Weapons Market Addresses the Following Key Questions:
Who are the dominant players of the Light Weapons market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Light Weapons market?
What are the key growth drivers and restraining factors of the Light Weapons market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Light Weapons market and its key segments?
The report bifurcates the Light Weapons market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Rifles & Machine Guns
Manpads & Launchers
Small Morters & Mobile Rocket Launchers
Grenades & Landmines
Light Anti-Tank Weapons
End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Regional Landscape section of the Light Weapons report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
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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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Light Weapons market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets
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