(MENAFN - America News Hour) Global Light Weapons Market is estimated to reach $18.3 billion by 2025; growing at a CAGR of 6.5% from 2017 to 2025. Light weapons are designed for use by two or three persons helping as a team, though some may be carried and used by a single individual. It includes heavy machine guns, portable anti-aircraft guns, portable launchers of anti-tank missiles & rocket systems, hand-held under-barrel & attached grenade launchers, recoilless rifles, portable anti-tank guns, portable launchers of anti-aircraft missile systems, and mortars of caliber of less than 100 millimeters.
Change in nature of warfare, arming of civilians by governments, and low cost of weapons are the major drivers that are fueling the growth of the market. However, demobilizing activities and illegal trading of light weapons may hamper the market growth. Increasing demand for anti-tank guided weapons, and adaptation of laser technology are expected to equally influence the overall growth of market throughout the forecast period.
Click Here to Download Sample Report >>
The global light weapons market is segmented on the basis of technology, type, application, and geography. Technology segment comprises guided weapons technology (manpads, anti-aircraft missile, light anti-tank weapons), and unguided weapons technology (heavy machine guns, manpats, grenades, mortars). Type segments is classified into heavy machine guns, light cannons, manpads, manpats, launchers, infantry mortars, grenades, anti-aircraft/anti-submarine missiles, light anti-tank weapons, and landmines. Further, application segment is bifurcated into defense and homeland security.
On the basis of geography, global light weapons market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The key market players include Lockheed Martin Corporation, Orbital ATK, Inc., Saab Ab, Rheinmetall AG, Cockerill Maintenance & Ingenierie, Heckler & Koch GmbH, FN HERSTA, Raytheon Company, General Dynamics Corporation, and BAE Systems, among others.
The key takeaways from the report:
The report will provide detailed analysis of Global Light Weapons Market with respect to major segments such as technology, type, and application
The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Light Weapons Market has been included in the report
Profile of the key players in the Global Light Weapons Market will be provided, which include key financials, product & services, new developments and business strategies
Request For Full Report>>
Scope of the Global Light Weapons Market:
Guided Weapons Technology
Light Anti-Tank Weapons
Unguided Weapons Technology
Heavy Machine Guns
Heavy Machine Guns
Light Anti-Tank Weapons
Rest of Europe
Rest of Asia-Pacific
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.
Phone: +1 313 462 0609
Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.