Global Light Weapons Market to grow at a CAGR of 4.66% during the period 2016 - 2020; Finds New Report

Report forecast the global light weapons market to grow at a CAGR of 4.66% during the period 2016-2020.

The widespread availability, simplicity, durability, portability, cost-effectiveness, lethality, and easy concealment of light weapons make them popular with legitimate military groups, police, and civilians. They also find their use in low-intensity conflicts involving government forces (military and police) and non-state actors (guerrillas, ethnic militias, warlords, and brigands).

Light weapons include the following:

• Grenade launchers
• Hand-held under barrel grenade launchers
• Heavy machine guns
• Landmines
• Man-portable air defense systems (MANPADS)
• Mortars
• Portable anti-aircraft guns
• Portable anti-tank guns
• Portable launchers of rocket systems and anti-tank missiles
• Recoilless rifles

The report covers the present scenario and the growth prospects of the global light weapons market for 2016-2020. It provides a global overview, market shares, and segmentation by weapons type, and growth prospects by region (Americas, EMEA, and APAC).

The market is divided into the following segments based on type:

• Unguided weapons
• Anti-tank guided weapon
• MANPAD

According to the report, the global trade in small arms and light weapons is vigorous and diverse. Foreign-sourced arms are made available by militaries and law enforcement agencies worldwide. The purchase of imported rifles and shotguns by private individuals and recreational hunters is boosting the sales and hence the market growth.

Further, the report states that according to the United Nations, there is no control to the growing availability of small arms in open and underground markets, which account for over 600 million small arms. No international agreements or treaties exist to regulate the arms trade, which is leading to the illegal trade of these weapons, resulting in the civilian deaths and casualties.

Global Light Weapons Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Light Weapons Market: BAE Systems, FN Herstal, Orbital, Raytheon and Rheinmetall.

Other Prominent Vendors in the market are: Bharat Dynamics, Heckler and Koch, Ordnance Factory Board, and Rafael Advanced Defense Systems.

Market driver

• Increase in demand for light weapons
• For a full, detailed list, view our report

Market challenge

• Absence of international treaty
• For a full, detailed list, view our report

Market trend

• Shift toward digitized guns
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 79 pages and 52 Exhibit “Global Light Weapons Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation  by type, Geographical segmentation, Key leading regions, Market drivers, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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