The Global Light Weapons Market Report, published by Emergen Research, offers an industry-wide assessment of the Light Weapons market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2027. The current trends of the Light Weapons market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Light Weapons market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Light Weapons industry.
The 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.
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Key players in the market 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., and Raytheon Company, among others.
The Global Light Weapons Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
The global Light Weapons market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Light Weapons sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Further key findings from the report suggest
- 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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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
- End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Law Enforcement
- Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Regional Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- North America
- Asia Pacific
- South Korea
- North Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
- North America
Unfolding the prime factors prompting global market growth:
- The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Light Weapons market into a broad product spectrum.
- The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
- A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
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About Emergen Research
Emergen Research is a market research 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.
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