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Light Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 143 Pages
  • November 2022
  • Region: Global
  • IMARC Group
  • ID: 5701077
The global light weapons market size reached US$ 12.34 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 17.11 Billion by 2027, exhibiting a CAGR of 5.6% during 2021-2027.

Light weapons refer to a group of weapons that are designed to be used by more than one crew member but can also be used by one individual under certain conditions. They are predominantly used by defense forces in combat missions and naval operations. It comprises heavy machine guns, mounted grenade launchers, MANPADS (man-portable anti-defense systems), recoilless rifles, anti-tank missile launchers, anti-tank guns, landmines, mortars of lesser caliber, and anti-aircraft missiles. Technologies for guided weapons as well as unguided weapons are used in the production of these weapons. Some of the common materials used in the manufacturing of these weapons include steel and polymers. Defense and homeland security are two of the major applications of light weapons.

Light Weapons Market Trends:

The market is primarily driven by significant growth in the military and defense sector due to the escalating demand for advanced weapons. This can be attributed to the increasing adoption of precision-guided firearms with advanced features, such as targeting, fire control, and advanced head-up display technologies. An increasing number of contracts for light weapons from military forces and homeland security are also providing a boost to the market. Moreover, extensive research and development (R&D) activities conducted by key weapon manufacturers are creating a positive market outlook. The market is also propelled by continual technological advancements in weapon manufacturing, such as the advent of an increased range of anti-tank missiles, integration of laser systems in light cannons, and incorporation of artificial intelligence (AI) features. A considerable increase in terrorism, cross-border disputes, and political unrest between neighboring countries are further contributing to a significant rise in the uptake of light weapons. Some of the other factors contributing to the market include the low production cost of the product, the expanding military modernization programs, and the rising defense expenditure.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global light weapons market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology and application.

Breakup by Type:

  • Heavy Machine Guns (HMGs)
  • Grenades and Grenade Launchers
  • Mortars
  • Man-portable Anti-tank Systems (MANPATS)
  • Man-portable Air Defense Systems (MANPADS)
  • Others

Breakup by Technology:

  • Guided
  • Laser Guided
  • Infrared Guided
  • Satellite Guided
  • Semi-automatic Command to Line of Sight
  • Unguided

Breakup by Application:

  • Defense
  • Homeland Security

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report:

  • How has the global light weapons market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global light weapons market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global light weapons market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Light Weapons Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Heavy Machine Guns (HMGs)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Grenades and Grenade Launchers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Mortars
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Man-portable Anti-tank Systems (MANPATS)
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Man-portable Air Defense Systems (MANPADS)
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Technology
7.1 Guided
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 Laser Guided
7.1.2.2 Infrared Guided
7.1.2.3 Satellite Guided
7.1.2.4 Semi-automatic Command to Line of Sight
7.1.3 Market Forecast
7.2 Unguided
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Defense
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Homeland Security
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BAE Systems plc
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 FN Herstal (Herstal Group)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 General Dynamics Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Heckler & Koch GmbH
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Israel Aerospace Industries Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Lockheed Martin Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Raytheon Technologies Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Rheinmetall AG
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Saab AB
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Thales Group
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Light Weapons Market: Major Drivers and Challenges
Figure 2: Global: Light Weapons Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Light Weapons Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Light Weapons Market: Breakup by Type (in %), 2021
Figure 5: Global: Light Weapons Market: Breakup by Technology (in %), 2021
Figure 6: Global: Light Weapons Market: Breakup by Application (in %), 2021
Figure 7: Global: Light Weapons Market: Breakup by Region (in %), 2021
Figure 8: Global: Light Weapons (Heavy Machine Guns (HMGs)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Light Weapons (Heavy Machine Guns (HMGs)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Light Weapons (Grenades and Grenade Launchers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Light Weapons (Grenades and Grenade Launchers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Light Weapons (Mortars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Light Weapons (Mortars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Light Weapons (Man-portable Anti-tank Systems (MANPATS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Light Weapons (Man-portable Anti-tank Systems (MANPATS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Light Weapons (Man-portable Air Defense Systems (MANPADS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Light Weapons (Man-portable Air Defense Systems (MANPADS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Light Weapons (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Light Weapons (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Light Weapons (Guided) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Light Weapons (Guided) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Light Weapons (Unguided) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Light Weapons (Unguided) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Light Weapons (Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Light Weapons (Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Light Weapons (Homeland Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Light Weapons (Homeland Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Light Weapons Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Light Weapons Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Light Weapons Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Light Weapons Industry: SWOT Analysis
Figure 78: Global: Light Weapons Industry: Value Chain Analysis
Figure 79: Global: Light Weapons Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Light Weapons Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Light Weapons Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Light Weapons Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Light Weapons Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Light Weapons Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Light Weapons Market: Competitive Structure
Table 7: Global: Light Weapons Market: Key Players

Companies Mentioned

  • 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
  • Thales Group.

Methodology

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