{"product_id":"light-weapons-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Light Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eLight Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nMarket Overview:\u003c\/p\u003e\n\n\u003cp\u003eThe global light weapons market size reached US$ 13.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eLight 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.\u003c\/p\u003e\n\n\n\u003cp\u003eLight Weapons Market Trends:\u003cbr\u003e\nThe 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\u0026amp;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.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003cbr\u003e\nIMARC Group 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 2023-2028. Our report has categorized the market based on type, technology and application.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Type:\u003c\/p\u003e\n\n\u003cp\u003eHeavy Machine Guns (HMGs)\u003cbr\u003e\nGrenades and Grenade Launchers\u003cbr\u003e\nMortars\u003cbr\u003e\nMan-portable Anti-tank Systems (MANPATS)\u003cbr\u003e\nMan-portable Air Defense Systems (MANPADS)\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Technology:\u003c\/p\u003e\n\n\u003cp\u003eGuided\u003cbr\u003e\nLaser Guided\u003cbr\u003e\nInfrared Guided\u003cbr\u003e\nSatellite Guided\u003cbr\u003e\nSemi-automatic Command to Line of Sight\u003cbr\u003e\nUnguided\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Application:\u003c\/p\u003e\n\n\u003cp\u003eDefense\u003cbr\u003e\nHomeland Security\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003cbr\u003e\nUnited States\u003cbr\u003e\nCanada\u003cbr\u003e\nAsia-Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nJapan\u003cbr\u003e\nIndia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nAustralia\u003cbr\u003e\nIndonesia\u003cbr\u003e\nOthers\u003cbr\u003e\nEurope\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nUnited Kingdom\u003cbr\u003e\nItaly\u003cbr\u003e\nSpain\u003cbr\u003e\nRussia\u003cbr\u003e\nOthers\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nOthers\u003cbr\u003e\nMiddle East and Africa\u003cbr\u003e\n \u003cbr\u003e\nCompetitive Landscape:\u003cbr\u003e\nThe 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 \u0026amp; Koch GmbH, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB and Thales Group.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report\u003cbr\u003e\n1. How big is the global light weapons market?\u003cbr\u003e\n2. What is the expected growth rate of the global light weapons market during 2023-2028?\u003cbr\u003e\n3. What are the key factors driving the global light weapons market?\u003cbr\u003e\n4. What has been the impact of COVID-19 on the global light weapons market?\u003cbr\u003e\n5. What is the breakup of the global light weapons market based on the technology?\u003cbr\u003e\n6. What is the breakup of the global light weapons market based on the application?\u003cbr\u003e\n7. What are the key regions in the global light weapons market?\u003cbr\u003e\n8. Who are the key players\/companies in the global light weapons market?\u003c\/p\u003e","brand":"Public Sector","offers":[{"title":"October, 2023 \/ 138 Pages \/ MCW16264809","offer_id":47698345394482,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/light-weapons-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}