Light Weapons Market Report 2022: Size, Share, Industry Demand, Growth Rate,Top Key Players Are Lockheed Martin Corporation, Alliant Techsystems Inc, Rheinmetall AG, Raytheon Technologies Corporation, Thales Group

The global light weapons market report by the business research company identifies increasing instances of terrorist activities and conflicts and the rise in the number of illegal activities to be a major growth driver for the light weapons market. Terrorist acts entail the use or threat of violence to instill fear in a large number of people, not only the direct victims. Light weapons such as pistols, rifles, submachine guns, assault rifles, and light machine guns are used by law regulators to control terror activities. As terrorist activities, conflicts, and illegal activities grow, there will be an increased demand for light weapons to mitigate them. For instance, in February 2019, in India, 40 CRPF personnel were killed in a terror attack at Pulwama, Jammu, and Kashmir. Weapons were used to increase the efficacy and efficiency of activities such as hunting, crime, law enforcement, self-defense, and warfare. In addition, in 2019, a total of 51.5 lakh (5.15 million) cognizable crimes comprising 32.2 lakh Indian Penal Code (IPC) crimes and 19.4 lakh Special and Local Laws (SLL) crimes were registered nationwide in India. Thus, the increasing instances of terrorist activities and conflicts and the rise in the number of illegal activities will contribute to the growth of the light weapons market.

The global light weapons market size is expected to grow from $10.20 billion in 2021 to $10.69 billion in 2022 at a compound annual growth rate (CAGR) of 4.77%. The global light weapon market size is expected to grow to $12.88 billion in 2026 at a CAGR of 4.78%.

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North America was the largest region in the light weapons market in 2021. The regions covered in the global light weapon market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the organic food market are Lockheed Martin Corporation, Alliant Techsystems Inc, Rheinmetall AG, Raytheon Technologies Corporation, Thales Group, Heckler & Koch, F N Herstal, SAAB AB, MBDA Inc, BAE Systems plc, Rostec, Rafael Advanced Defense Systems Ltd, General Dynamics Corporation, John Cockerill (Cockerill Maintenance), Elbit Systems, Arsenal JSCo and Indian Ordnance Factories Organization.

The global light weapons market is segmented -
1) By Type: HMG, Light Cannon, MANPAT, Mortar, MANPAD, Grenades, Missiles, Launcher, ATW, Landmine
2) By Application: Defense, Homeland Security
3) By Technology: Guided, Unguided
4) By Material: Steel, Polymers

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The Light Weapons Market Report Contents Include
1. Executive Summary
2. Light Weapons Market Characteristics
3. Light Weapons Market Trends And Strategies
4. Impact Of COVID-19 On Light Weapons
5. Light Weapons Market Size And Growth
....
28. Key Mergers And Acquisitions In The Light Weapons Market
29. Light Weapons Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the light weapons market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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