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Global Light Weapons Market Share, Size, Trends, Growth, Analysis Forecast: By Type: Heavy Machine Guns (HMGs), Grenades and Grenade Launchers, Mortars, Man-portable Anti-tank Systems (MANPATS), Man-portable Air Defense Systems (MANPADS), Others; By Guidance; By Application; Regional Analysis; Competitive Landscape; 2024-2032

Global Light Weapons Market Outlook

The global light weapons market would likely grow at a CAGR of 5.3% during 2024-2032. Nations today are moving to modernize and strengthen their military power in light of global threats. Demand for military equipment is growing.

light weapons market

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Governments are introducing policies to enable public and private sector companies to grow into international players. Countries like India are signing pacts with other major nations to strengthen their military might. In 2023, it was reported that UK ordered thousands of anti-tank weapons to reinforce their stock. The deal was finalised with Saab. Asia, North America, and Europe are likely to be significant markets.

Global Market Likely to be Driven by Growing Demand for Military Equipment

Broadly, light weapons refer to man-portable lethal weapons that launch, are devised to launch or expel, or are capable of being converted to launch or expel a bullet, projectile or shot through an explosive. Generally speaking, light weapons are fashioned to be used by two or more individuals functioning as a crew; some might be used and carried by one individual. Many nations today are looking to modernize and strengthen their military power in light of global threats, leading to increased demand for military equipment that is expected to boost the global light weapons market.

Advantages of Light Weapons Expected to Boost Market Growth

Advantages of light weapons include:

Wide Availability and Low Cost – Light weapons may be produced with the help of relatively less sophisticated technology. Further, light weapons are widely used by military and police forces, and there are many suppliers across the globe.

Increased Lethality – Light weapons are becoming increasingly sophisticated, enhancing the ability of military and police forces. Modern technology has enhanced the firepower of shoulder-fired rockets, mortars and light anti-tank weapons.

Durability and Simplicity – Light weapons are relatively easy to maintain and use, need little maintenance, and stay operational for several years. Further, little training is needed to use such weapons effectively.

Portability and Concealability – Light weapons may be carried by a single soldier or in a light vehicle, and readily transported to areas of conflict.

Light weapons are particularly useful to paramilitary and irregular forces, forces with limited technical and financial means and relatively less professional military training, and those operating in remote and distant regions.

Such advantages are expected to drive the global light weapons market.

Market Segmentation

light weapons market by segments

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By type, the market is segmented into:

Grenades and Grenade Launchers

Heavy Machine Guns (HMGs)

Man-portable Anti-tank Systems (MANPATS)

Mortars

Man-portable Air Defense Systems (MANPADS)

Others

By guidance, the global light weapons market is divided into:

Guided (further broken down by guided type as given below)
- Laser Guided
- Infrared Guided
- Satellite Guided
- Others
Unguided

By application, the market is classified into:

Defence

Homeland Security

By region, the market is divided into:

Middle East and Africa

Europe

North America

Asia Pacific

Latin America

light weapons market by region

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Key Industry Players in the Market

The report comprehensively assesses key players in the global light weapons market; it gauges their capacity and monitors newest happenings like mergers and acquisitions, capacity expansions, and plant turnarounds:

Raytheon Technologies Corporation

Saab AB

Thales Group

Heckler & Koch GmbH

Rheinmetall AG

Northrop Grumman Corporation

ARSENAL JSCo

FN Herstal

Others

Employing Porter’s Five Forces model and SWOT analysis, the EMR report offers deep insights into the industry.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Type Guidance Application Region
Breakup by Type	Heavy Machine Guns (HMGs) Grenades and Grenade Launchers Mortars Man-portable Anti-tank Systems (MANPATS) Man-portable Air Defense Systems (MANPADS) Others
Breakup by Guidance	Guided Unguided
Breakup by Application	Defence Homeland Security
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	Saab AB Raytheon Technologies Corporation Northrop Grumman Corporation Thales Group Heckler & Koch GmbH Rheinmetall AG ARSENAL JSCo FN Herstal Others

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Region
7   Opportunities and Challenges in the Market
8   Global Light Weapons Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Light Weapons Historical Market (2018-2023)
   8.3   Global Light Weapons Market Forecast (2024-2032)
   8.4   Global Light Weapons Market by Type
       8.4.1   Heavy Machine Guns (HMGs)
           8.4.1.1   Market Share
           8.4.1.2   Historical Trend (2018-2023)
           8.4.1.3   Forecast Trend (2024-2032)
       8.4.2   Grenades and Grenade Launchers
           8.4.2.1   Market Share
           8.4.2.2   Historical Trend (2018-2023)
           8.4.2.3   Forecast Trend (2024-2032)
       8.4.3   Mortars
           8.4.3.1   Market Share
           8.4.3.2   Historical Trend (2018-2023)
           8.4.3.3   Forecast Trend (2024-2032)
       8.4.4   Man-portable Anti-tank Systems (MANPATS)
           8.4.4.1   Market Share
           8.4.4.2   Historical Trend (2018-2023)
           8.4.4.3   Forecast Trend (2024-2032)
       8.4.5   Man-portable Air Defense Systems (MANPADS)
           8.4.5.1   Market Share
           8.4.5.2   Historical Trend (2018-2023)
           8.4.5.3   Forecast Trend (2024-2032)
       8.4.6   Others
   8.5   Global Light Weapons Market by Guidance
       8.5.1   Guided
           8.5.1.1   Market Share
           8.5.1.2   Historical Trend (2018-2023)
           8.5.1.3   Forecast Trend (2024-2032)
           8.5.1.4   Breakup by Guided Type
               8.5.1.4.1   Laser Guided
               8.5.1.4.2   Infrared Guided
               8.5.1.4.3   Satellite Guided
               8.5.1.4.4   Others
       8.5.2   Unguided
           8.5.2.1   Market Share
           8.5.2.2   Historical Trend (2018-2023)
           8.5.2.3   Forecast Trend (2024-2032)
   8.6   Global Light Weapons Market by Application
       8.6.1   Defence
           8.6.1.1   Market Share
           8.6.1.2   Historical Trend (2018-2023)
           8.6.1.3   Forecast Trend (2024-2032)
       8.6.2   Homeland Security
           8.6.2.1   Market Share
           8.6.2.2   Historical Trend (2018-2023)
           8.6.2.3   Forecast Trend (2024-2032)
   8.7   Global Light Weapons Market by Region
       8.7.1   North America
           8.7.1.1   Market Share
           8.7.1.2   Historical Trend (2018-2023)
           8.7.1.3   Forecast Trend (2024-2032)
       8.7.2   Europe
           8.7.2.1   Market Share
           8.7.2.2   Historical Trend (2018-2023)
           8.7.2.3   Forecast Trend (2024-2032)
       8.7.3   Asia Pacific
           8.7.3.1   Market Share
           8.7.3.2   Historical Trend (2018-2023)
           8.7.3.3   Forecast Trend (2024-2032)
       8.7.4   Latin America
           8.7.4.1   Market Share
           8.7.4.2   Historical Trend (2018-2023)
           8.7.4.3   Forecast Trend (2024-2032)
       8.7.5   Middle East and Africa
           8.7.5.1   Market Share
           8.7.5.2   Historical Trend (2018-2023)
           8.7.5.3   Forecast Trend (2024-2032)
9   North America Light Weapons Market Analysis
   9.1   United States of America
       9.1.1   Market Share
       9.1.2   Historical Trend (2018-2023)
       9.1.3   Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1   Market Share
       9.2.2   Historical Trend (2018-2023)
       9.2.3   Forecast Trend (2024-2032)
10   Europe Light Weapons Market Analysis
   10.1   United Kingdom
       10.1.1   Market Share
       10.1.2   Historical Trend (2018-2023)
       10.1.3   Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1   Market Share
       10.2.2   Historical Trend (2018-2023)
       10.2.3   Forecast Trend (2024-2032)
   10.3   France
       10.3.1   Market Share
       10.3.2   Historical Trend (2018-2023)
       10.3.3   Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1   Market Share
       10.4.2   Historical Trend (2018-2023)
       10.4.3   Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Light Weapons Market Analysis
   11.1   China
       11.1.1   Market Share
       11.1.2   Historical Trend (2018-2023)
       11.1.3   Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1   Market Share
       11.2.2   Historical Trend (2018-2023)
       11.2.3   Forecast Trend (2024-2032)
   11.3   India
       11.3.1   Market Share
       11.3.2   Historical Trend (2018-2023)
       11.3.3   Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1   Market Share
       11.4.2   Historical Trend (2018-2023)
       11.4.3   Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1   Market Share
       11.5.2   Historical Trend (2018-2023)
       11.5.3   Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Light Weapons Market Analysis
   12.1   Brazil
       12.1.1   Market Share
       12.1.2   Historical Trend (2018-2023)
       12.1.3   Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1   Market Share
       12.2.2   Historical Trend (2018-2023)
       12.2.3   Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1   Market Share
       12.3.2   Historical Trend (2018-2023)
       12.3.3   Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Light Weapons Market Analysis
   13.1   Saudi Arabia
       13.1.1   Market Share
       13.1.2   Historical Trend (2018-2023)
       13.1.3   Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1   Market Share
       13.2.2   Historical Trend (2018-2023)
       13.2.3   Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1   Market Share
       13.3.2   Historical Trend (2018-2023)
       13.3.3   Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1   Market Share
       13.4.2   Historical Trend (2018-2023)
       13.4.3   Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   Saab AB
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   Raytheon Technologies Corporation
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   Northrop Grumman Corporation
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   Thales Group
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   Heckler & Koch GmbH
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Rheinmetall AG
           15.2.6.1   Company Overview
           15.2.6.2   Product Portfolio
           15.2.6.3   Demographic Reach and Achievements
           15.2.6.4   Certifications
       15.2.7   ARSENAL JSCo
           15.2.7.1   Company Overview
           15.2.7.2   Product Portfolio
           15.2.7.3   Demographic Reach and Achievements
           15.2.7.4   Certifications
       15.2.8   FN Herstal
           15.2.8.1   Company Overview
           15.2.8.2   Product Portfolio
           15.2.8.3   Demographic Reach and Achievements
           15.2.8.4   Certifications
       15.2.9   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Light Weapons Market: Key Industry Highlights, 2018 and 2032
2.   Global Light Weapons Historical Market: Breakup by Type (USD Million), 2018-2023
3.   Global Light Weapons Market Forecast: Breakup by Type (USD Million), 2024-2032
4.   Global Light Weapons Historical Market: Breakup by Guidance (USD Million), 2018-2023
5.   Global Light Weapons Market Forecast: Breakup by Guidance (USD Million), 2024-2032
6.   Global Light Weapons Historical Market: Breakup by Application (USD Million), 2018-2023
7.   Global Light Weapons Market Forecast: Breakup by Application (USD Million), 2024-2032
8.   Global Light Weapons Historical Market: Breakup by Region (USD Million), 2018-2023
9.   Global Light Weapons Market Forecast: Breakup by Region (USD Million), 2024-2032
10.   North America Light Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
11.   North America Light Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
12.   Europe Light Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
13.   Europe Light Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Asia Pacific Light Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Asia Pacific Light Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Latin America Light Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Latin America Light Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Middle East and Africa Light Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Middle East and Africa Light Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Global Light Weapons Market Structure.

Key Questions Answered in the Report

What is the growth rate of the global light weapons market?

The market is projected to grow at a CAGR of 5.3% between 2024 and 2032.

What are the major drivers of global light weapons market?

The major drivers of the market are growing demand for military equipment, increasing terrorism, and ongoing regional conflicts.

What are the key trends of the global light weapons market?

The key trends guiding the growth of the market include technological advancements, increasing demand for lightweight vehicles, and increasing adoption of smart weapons.

What are the major regional markets of light weapons, according to the EMR report?

The major regions in the light weapons market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the different types of light weapons in the market?

Various types of light weapons are heavy machine guns, grenades and grenade launchers, mortars, man-portable anti-tank systems (MANPATS), and man-portable air defence systems (MANPADS), among others.

What is the market segmentation based on guidance in the market?

The segmentation of the market based on guidance is into guided and unguided, with guided further divided by type into laser guided, infrared guided, and satellite guided, among others.

What are the various applications of light weapons?

The primary applications of light weapons are defence and homeland security.

Who are the key market players, according to the report?

The major players in the market are Saab AB, Raytheon Technologies Corporation, Northrop Grumman Corporation, Thales Group, Heckler & Koch GmbH, Rheinmetall AG, ARSENAL JSCo, and FN Herstal, among others.

What are light weapons?

Light weapons are infantry portable weapons that are usually handled by two or more people and are used to shoot explosive ammunitions.

What is the difference between small arms and light weapons?

Small arms are weapons that can be used individually while light weapons are used by more than one person working together.

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