Enjoy complimentary customisation on priority with our Enterprise License!
Some of the key findings from our light weapons market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from the report.
The demand for recoilless artillery is increasing from end-users as these weapons allow the launch of a large projectile from a smaller platform. Carl-Gustaf M4 produced by Saab is one such recoilless weapon which is lightweight, low cost, flexible, and suitable for various applications. Such features make it an essential asset for land forces. The increasing frequency of orders for different recoilless weapons will lead to the replacement of older generation shoulder-fired light weaponry with these weapons. The development of recoilless artillery is identified as one of the key trends that will boost the growth of the light weapons market.
The increasing threat to ground infantry troops from unmanned aerial systems (UAS), cruise missiles, and long-range rockets (LRRs) have necessitated the enhancement of short-range air-defense capabilities. Armies of various countries are also focusing on the upgradation and customization of their armament to match the evolving battlefield environment. This has led to the development of sophisticated and guided weapon systems equipped with accessories such as aiming lasers, fire control systems, night vision devices, weapon sights, and laser rangefinders that are compact, light-weight, and have a high target hit ratio. The development of these new-generation weapon systems is one of the significant factors driving light weapons market growth at a CAGR of almost 6% during the forecast period.
The global light weapons market is moderately fragmented. To help clients improve their revenue share, the research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, the market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of the upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
The unguided segment will account for the highest light weapons market share because of the extensive use of these weapons on the battlefield. The report provides an accurate prediction of the contribution of all the segments to the growth of the light weapons market size.
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest market share throughout the forecast period. The increased spending on equipping the armed forces with better weapons is one of the significant factors driving light weapons market growth in the region.
We can help! Our analysts can customize the market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.