Light Weapons Market Share, Size and Market Growth - CAGR of 4.8% About Analysis Report Forecast to 2027

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Market Size – USD 11.86 billion in 2019, Market Growth - CAGR of 4.8%, Market Trends – Higher demand for hitech light weapons and mobile rocket launchers

VANCOUVER, BRITISH COLUMBIA, CANADA, November 21, 2022 /EINPresswire.com/ -- A Global Light Weapons Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Light Weapons industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Light Weapons market, this study covers qualitative and quantitative aspects of the Light Weapons market. In addition to historical data from 2017 to 2017, the research study provides an accurate forecast until 2027 for the Light Weapons market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.

The global light weapons market is forecasted to be worth USD 17.39 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the light weapons in the special taskforce, rising domestic violence & terrorist attacks, increasing interest in the adoption of mobile rocket launcers, anti-aircraft & anti-submarine misiles, to name a few.

Besides, extensive rise in the cross-border conflict, broadening the number of armed law enforcement troops & new taskforce battalions, and asymmetric warfare & intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of the polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.

The global market landscape of light weapons is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

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Key Companies Profiled in the Report:

Smith & Wesson Holding Corp.

 Freedom Group

 Orbital ATK

 Sturm

 Ruger & Co. Inc.

 American Outdoor Brand Corporation

 Thales Group

 Lockheed Martin

 General Dynamics Corporation

 Beretta S.p.A.

 Raytheon Company

 others.

Some Key Highlights from the Report

In January 2020, The Adani Group, an Indian conglomerate, announced its acquisition of a light weapons business facility in Gwalior, India. With this acquisition, the company entered in the Light Weapons business where the company will be capable of producing machine guns, carbines, and other light weapons.
The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.
The regions in the Asia Pacific lead by China, India, Pakistan, and South & North Korea are allotting a considerable budget for their defense & law enforcement grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, domestic violence, along with higher economic development and enhancement in the manufacturing industry, deliberately help propel market enforcement.
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 Global Light Weapons Market Report - Segmental Analysis:

The global Light Weapons business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Light Weapons business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.

Emergen Research has segmented the global Light weapons market on the basis of Type, end user, materials, technology and region:

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Rifles & Machine Guns
Manpads & Launchers
Small Morters & Mobile Rocket Launchers
Grenades & Landmines
Anti-Aircraft/Anti-Submarine Missiles
Light Anti-Tank Weapons
Others
End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Military
Law Enforcement
Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Steel
Aluminum
Polymer
Others
Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Guided
Unguided
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 Regional Outlook (Revenue, USD Billion; 2017–2027)

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

BENELUX

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

South Korea

India

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Rest of MEA

Key Objectives of the Global Light Weapons Market Report:

An all-inclusive analysis and forecast estimation of the market have been included in this report.

The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Light Weapons market and its leading players.

The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.

The report, additionally, presents a comprehensive analysis of the key elements of the Light Weapons market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.

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About Emergen Research

Emergen Research is a Marketresearch and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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