Global Light Weapons
Market Report
2024
The global Light Weapons Market size is USD 14.1 billion in 2024. The Light Weapons Market will show strongest growth with a compound annual growth rate (CAGR) of 20.1% from 2024 to 2031. Light Weapons Market is the increasing global military modernization efforts driving demand for advanced defense technologies.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Light Weapons Market Sales Revenue 2024 | $ 14.1 Billion |
Global Light Weapons Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.1% |
Market Drivers:Counter-terrorism efforts worldwide are increasing demand for advanced light weapons | |
Market Restrains:
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Market Split by Type |
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Market Split by Technology |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Light Weapons Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Light weapons encompass a range of portable, shoulder-fired arms designed for infantry and special forces use. These include rifles, machine guns, grenades, and portable missile systems. The market for light weapons is driven by increasing global military expenditures, technological advancements in guidance systems, and rising geopolitical tensions. As nations modernize their defense capabilities, there's a growing demand for more accurate and versatile light weapons that can be deployed in various operational environments. However, the market faces challenges such as regulatory constraints on international trade, high development costs, and ethical considerations regarding their humanitarian impact. Overall, the light weapons market is poised for steady growth as defense forces seek to enhance their tactical capabilities amidst evolving security threats worldwide.
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In Jan 2021, Bharat Electronics Limited (BEL) signed a contract with the Indian Navy to supply light amplification by stimulating emission of laser dazzlers for the Indian Navy. Under the contract, the company will supply 20 laser dazzlers to the Navy. (Source:https://www.naval-technology.com/news/bharat-electronics-to-supply-laser-dazzlers-to-indian-navy/)
Top Companies Market Share in Light Weapons Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, as of 2024, North America dominates the light sensors market, driven by extensive research and development activities, robust technological advancements, and substantial investments in automotive, consumer electronics, and aerospace sectors. The region benefits from a strong presence of key market players and leading technological innovators, contributing to the adoption of advanced light sensor technologies across various industries. Stringent regulatory frameworks promoting energy efficiency and environmental sustainability further propel market growth in North America. Emerging regions like Asia Pacific are also witnessing significant growth due to expanding industrialization and increasing adoption of smart technologies, presenting lucrative opportunities for market expansion beyond 2024.
Asia Pacific is expanding at the fastest Compound Annual Growth Rate (CAGR) in the light sensors market. The region's rapid economic growth, urbanization, and increasing adoption of smart devices and technologies drive demand for light sensors across sectors like automotive, consumer electronics, and industrial automation. Government initiatives promoting energy efficiency and environmental sustainability further bolster market expansion in Asia Pacific. Moreover, rising investments in research and development, coupled with advancements in sensor technologies, contribute to the region's accelerated growth. As a result, Asia Pacific presents substantial opportunities for market players looking to capitalize on the growing demand for light sensors in the coming years.
The current report Scope analyzes Light Weapons Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Light Weapons Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Light Weapons Industry growth. Light Weapons market has been segmented with the help of its Type, Technology Application, and others. Light Weapons market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Light Weapons market.
Type of Light Weapons analyzed in this report are as follows:
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According to cognitive market research, the light weapons market technology segment comprises guided and unguided systems. Guided systems, including laser guided, infrared guided, satellite guided, and semi-automatic command to line of sight (SACLOS), offer enhanced accuracy and precision targeting capabilities, crucial for modern military operations. These systems use advanced technologies to guide munitions towards targets with high reliability and reduced collateral damage. In contrast, unguided systems rely on ballistic trajectories and are typically less expensive but offer less precision. The choice between guided and unguided technologies depends on mission requirements, budget constraints, and the operational environment, shaping the technological landscape and strategic decisions in the light weapons market.
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Research Associate at Cognitive Market Research
Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.
Anjali is a results-driven research analyst with a passion for transforming complex information into strategic insights. Grounded in a solid expertise in research and analysis in aerospace and defence category. She thrive on the challenges of data exploration and analysis.Her goal is to provide organizations with the actionable intelligence they need to navigate an ever-evolving business landscape and succeed in their business goals.
In her current role, Anjali manages research for aerospace and defence category, leading pivotal research initiatives, delving into market trends, consumer behavior, and competitive landscapes. She possess a proven ability to decipher intricate datasets, employing statistical models and visualization tools to deliver strategic insights. Collaborating seamlessly with cross-functional teams.She played a key role in shaping successful business strategies grounded in robust research.She dedicated to staying at the forefront of research methodologies and industry advancements. Anjali remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Light Weapons Market is witnessing significant growth in the near future.
In 2023, the Heavy Machine Guns (HMGs) segment accounted for noticeable share of global Light Weapons Market and is projected to experience significant growth in the near future.
The Guided segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BAE Systems plc, General Dynamics Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Heavy Machine Guns (HMGs), Grenades and Grenade Launchers, Mortars, Man-portable Anti-tank Systems (MANPATS), Man-portable Air Defense Systems (MANPADS), Others |
Technology | Guided, Unguided |
Application | Defense, Homeland Security |
List of Competitors | BAE Systems plc, FN Herstal (Herstal Group), General Dynamics Corporation, Heckler & Koch GmbH, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB and Thales Group |
This chapter will help you gain GLOBAL Market Analysis of Light Weapons. Further deep in this chapter, you will be able to review Global Light Weapons Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Technology Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Light Weapons market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Heavy Machine Guns (HMGs) have a significant impact on Light Weapons market? |
What are the key factors affecting the Heavy Machine Guns (HMGs) and Grenades and Grenade Launchers of Light Weapons Market? |
What is the CAGR/Growth Rate of Guided during the forecast period? |
By type, which segment accounted for largest share of the global Light Weapons Market? |
Which region is expected to dominate the global Light Weapons Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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