Light Weapons Market 2021 Recent Development and Trends, Expected Growth and its Factors, CAGR, Industry Size, Business Prospects and Forecast 2030

In a recent published report, Kenneth Research has updated the market report for Light Weapons Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Light Weapons Market products.

Download Sample of This Strategic Report:

Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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.

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.

Enquire before purchasing this report ->

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
Scope of the Global Light Weapons Market:
Technology Segments
Guided Weapons Technology
Anti-Aircraft Missile
Light Anti-Tank Weapons
Unguided Weapons Technology
Heavy Machine Guns
Type Segments
Heavy Machine Guns
Light Cannons
Infantry Mortars
Anti-Aircraft/Anti-Submarine Missiles
Light Anti-Tank Weapons
Application Segments
Homeland Security

Download Sample of This Strategic Report:

Geographical Segments
North America
Rest of Europe
South Korea
Rest of Asia-Pacific
South America
Middle East

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.

Contact Us

Kenneth Research
Phone: +1 313 462 0609

Leave a Reply