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    Light Weapons Market | Covid-19 Impact Analysis

    Light Weapons Market | Covid-19 Impact Analysis

    Light Weapons Market | Covid-19 Impact Analysis
    Report code - SRAD297 Delivery - 2 Weeks
    Light Weapons Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Impact of COVID-19 on Light Weapons Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Light Weapons Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Light Weapons Market Insights

    Light Weapons Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The growing lethality and the sophisticated progressions in light weapons drive the market globally.

    Light Weapons Market - Snapshot

    Growth

    5.2% for the next five years

    Major Type

    Anti-tank guided weapons

    Dominant End-User Type

    Military

    Region with the highest demand

    North America

    Key Players

    The Raytheon Company, Lockheed Martin, BAE Systems, Rafael Advanced Defense Systems, Elbit Systems, Thales Group, and Saab AB.

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    Market Share Analysis

    Light Weapons Market Share: By Type

    Based on the type, the market is segmented as anti-tank guided weapons, anti-aircraft missiles, rocket launchers, man-portable air defense systems, heavy machine guns, light cannons, recoilless rifles, grenade launchers, mortars, and rocket-propelled grenades. The anti-tank guided weapons dominated the market in 2018. The increasing demand for guided weapons drives the growth of this segment in the coming five years. The grenade launchers segment is estimated to be the fastest-growing segment during the forecast period. The incessant requirement in the armed forces influences the growth of this segment.

    Light Weapons Market Share: By End-User Type

    Based on the end-user type, the market is segmented as military and homeland security. The military segment is expected to register a higher growth during the forecast period. The rising defense budget of some of the prominent economies is driving the growth of this segment.

    Light Weapons Market Share: By Region

    In terms of regions, North America dominated the light weapons market and is expected to retain its dominance in the coming five years. The market is sustained by the rising demand for light weapons from emerging economies. Asia-Pacific is also projected to offer substantial growth opportunities during the forecast period. China, India, and the Middle East are the growth engines of the region. The growing defense budget is a major factor that sustains the growth of the market for light weapons in this region.

    Light Weapons Market: Key Players

    Some of the light weapon manufacturers are The Raytheon Company, Lockheed Martin, BAE Systems, Rafael Advanced Defense Systems, Elbit Systems, Thales Group, and Saab AB.

     

    Market Scope & segmentation

    Light weapons are the class of army weapons that are smaller in size and are man-portable. These weapons can be carried by a single person and also by a maximum of 2-3 people.

    Light weapons are used by the military as well as homeland security. Rocket launchers, man-portable air defense systems, heavy machine guns, light cannons, and others are some of the types of light weapons in use.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Light Weapons Market Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    7

     

    The light weapons market is segmented into the following categories. 

    Light Weapons Market Size, Share & Forecast, by Type:

    • Anti-Tank Guided Weapons (ATGW) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Anti-Aircraft Missiles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rocket Launchers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Man-Portable Air Defense Systems (MANPADS) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Heavy Machine Guns (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Light Cannons (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Recoilless Rifles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Grenade Launchers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mortars (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Grenades (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rocket-Propelled Grenades (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Light Weapons Market Size, Share & Forecast, by End-User Type:

    • Military (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Homeland Security (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Light Weapons Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-user type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What are Light Weapons?

    Light weapons are the class of army weapons that are smaller in size and are man-portable. These weapons can be carried by a single person and also by a maximum of 2-3 people. Light weapons are used by the military as well as homeland security. Rocket launchers, man-portable air defense systems, heavy machine guns, light cannons, and others are some of the types of light weapons in use.

    What will be the CAGR of the Light Weapons Market?

    Light Weapons Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The growing lethality and the sophisticated progressions in light weapons drive the market globally.

    Which country/region is expected to remain the largest Light Weapons Market?

    In terms of regions, North America dominated the light weapons market and is expected to retain its dominance in the coming five years.

    Who are the key players in the Light Weapons Market?

    Some of the light weapon manufacturers are The Raytheon Company, Lockheed Martin, BAE Systems, Rafael Advanced Defense Systems, Elbit Systems, Thales Group, and Saab AB.

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