The article cited AMA's Global Light Weapons Market Study explored substantial growth with CAGR of 5.1%. According the report, Growing Demand by Citizens for Light Weapons is one of the primary growth factors for the market. Changing Nature of Warfare around the Globe
is also expected to contribute significantly to the Light Weapons market. Overall, Defense
applications of Light Weapons, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Lockheed Martin Corporation (United States), Raytheon Company (United States), General Dynamics Corporation (United States), BAE Systems plc (United Kingdom), Thales Group (France), Northrop Grumman Corporation (United States), Saab AB (Sweden), Rheinmetall AG (Germany), Cockerill Maintenance & Ingenierie Grpoup (Belgium) and Heckler & Koch GmbH (Germany) may see astonishing sales in this Market and certainly improve revenue growth.
The Technology, such as Guided Weapons Technology, is boosting the Light Weapons market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Light Weapons market identified that the demand is rising in many different parts of the world as "Increasing Demand for Anti-Tank Guided Weapons
". Furthermore, some recent industry insights like "In February 2023, BDL has launched the ‘Vertical Launched –Short -Range Surface-to-Air Missileor VL SR SAM’,‘Semi-Active Laser Seeker HomingAnti-Tank Guided Missile for BMP –II’and ‘Drone DeliveredMissile’(JISHNU)during the Bandhan Ceremony held today on the sidelines of Aero India" is constantly making the industry dynamic. One of the challenges that industry facing is "Illegal Trading Of Light Weapons"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Light Weapons market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Light Weapons market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Light Weapons market tight? Which application/end-user category or Product Type [MANPADS (Man-Portable Air-Defense Systems), Heavy Machine Guns [12.77 Mm and 14.50-20 Mm], Light Cannons [Small, Medium, and Large], MANPATS (Man-Portable Anti-Tank Systems), Launchers [Grenade Launchers, Anti-Tank Launcher, Anti-Aircraft Launcher, and Rocket Systems], Infantry Mortars [Light, Medium, and Heavy], Grenades [Chemical & Gas, Concussion, Anti-Tank, Anti-Personnel Fragmentation, and Stun Grenade], Anti-Aircraft/Anti-Submarine Missiles, Landmines and Light Anti-Tank Weapons] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Light Weapons market and other related sub-markets covered in the study.
o Key & emerging players in the Light Weapons market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Light Weapons market size is calculated using market estimation process, the Light Weapons market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Light Weapons market size has been validated using both top-down and bottom-up approaches.