Evolving Market Trends In The Light Weapons Industry: Tech Revolution Transforms Light Weapons Market

The Light Weapons Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Light Weapons Market Size During the Forecast Period?
In recent times, there has been a substantial growth in the size of the light weapons market. Its projection is set to increase from $13 billion in 2024 up to $14.18 billion in 2025, marking a compound annual growth rate (CAGR) of 9.1%. The growth during the historical phase has been propelled by elements such as counter-terrorism activities, demands in law enforcement, the spread of small arms, global political tensions, and the trade in firearms.

Expectations are high for the light weapons market size to experience robust growth in the coming years. The projection is a leap to $19.48 billion by 2029, with a compound annual growth rate (CAGR) of 8.3%. Factors fueling this growth during the predicted period are the emergence of unmanned aerial systems (uas), biosecurity threats, global health crises, threats from chemical and biological protection, and demilitarization initiatives. Key trends during the forecast period include the shift towards modular weapon systems, non-lethal weaponry, miniaturization and compact designing, incorporation of electro-optical sights, and remote weapon stations (rws).

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What Are the High-Growth Segments in the Light Weapons Market?
The light weapons market covered in this report 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 Materials: Steel, Polymers

Subsegments:
1) By HMG (Heavy Machine Guns): .50 Caliber Machine Guns, 7.62mm Machine Guns
2) By Light Cannon: Automatic Cannons, Low-Caliber Cannons
3) By MANPAT (Man-Portable Anti-Tank): Anti-Tank Guided Missiles (ATGMs), Shoulder-Fired Anti-Tank Weapons
4) By Mortar: Light Mortars, Medium Mortars
5) By MANPAD (Man-Portable Air Defense): Infrared Guided Missiles, Surface-To-Air Missiles
6) By Grenades: Hand Grenades, Rifle Grenades,
7) By Missiles: Surface-To-Surface Missiles, Surface-To-Air Missiles
8) By Launcher: Grenade Launchers, Rocket Launchers
9) By ATW (Anti-Tank Weapons): Recoil-less Rifles, Rocket-Propelled Grenades (RPGs)
10) By Landmine: Anti-Personnel Mines, Anti-Tank Mines

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What Key Drivers Are Expected to Influence Future Light Weapons Market Growth?
The escalation in terrorist actions and conflicts, coupled with the rise in illicit activities, will catalyze the expansion of the light weapons market. Terrorism involves the use or threat of violence causing fear among a large population, beyond just the immediate victims. Light weapons such as pistols, rifles, submachine guns, assault rifles, and light machine guns are deployed by law enforcement officials to manage these terror threats. The growth in terrorism, conflicts, and unlawful acts will necessitate a higher demand for light weapons to counteract them. For example, Global Terrorism Index (GTI) 2023 reported that in March 2023, the death count more than doubled from nine in 2021 to 19 in 2022, with 11 of these occurring in the US following a terrorist attack. Therefore, the accelerating trends in terrorist activities, conflicts, and the increase in illegitimate deeds will influence the growth of the light weapons market.

Which Companies Hold the Largest Share Across Different Light Weapons Market Segments?
Major companies operating in the light weapons market include Lockheed Martin Corporation, Alliant Techsystems Inc., Rheinmetall AG, Raytheon Technologies Corporation, Thales Group, BAE Systems plc, Northrop Grumman Corporation, General Dynamics Corporation, FN Herstal Group, Heckler & Koch GmbH, Kalashnikov Concern, SIG Sauer Inc., Colt's Manufacturing LLC, Beretta SpA, Smith & Wesson Brands Inc., Barrett Firearms Manufacturing Inc., Taurus Holdings LLC, Savage Arms, Steyr Arms, IWI Ltd., Springfield Armory Inc., Ceská zbrojovka AS, Mauser Jagdwaffen GmbH, Radom LLC, Serbska Fabrika Automobila, Arsenal Inc., Zastava Arms, China North Industries Group Corporation Limited., HS Produkt d.o.o.

What Trends Are Driving Growth in The Light Weapons Market?
Prominent organizations in the light weapons market are concentrating on technological advancements, such as fully automatic machine guns, to increase market dominance and gain a competitive advantage. Fully automatic light machine guns are low-weight firearms capable of firing incessantly as long as the trigger is engaged, making them suitable for prolonged fire in military and law enforcement scenarios. For example, in February 2023, Caracal International LLC, a firearm manufacturer from the UAE, introduced the CARACAL LIGHT MACHINE GUN 556 (CLMG 556) at the International Defense Exhibition (IDEX 2023). This gun, the first of its kind in the UAE, focuses on end-user experience and employs cutting-edge rapid prototyping and precision manufacturing technologies. It comes with a five-position movable stock, an adjustable cheekpiece, and a comprehensive rail for accessories. Furthermore, it also incorporates a permanent iron sight with range customization, an integrated bipod with adjustable height, and a hammer-forged chrome-plated barrel available in three swappable lengths (13", 16", and 18") for additional durability.

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What Are the Emerging Geographies for The Light Weapons Market Growth?
North America was the largest region in the light weapons market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the light weapons market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Light Weapons Market?
2. What is the CAGR expected in the Light Weapons Market?
3. What Are the Key Innovations Transforming the Light Weapons Industry?
4. Which Region Is Leading the Light Weapons Market?

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