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Global Light Weapons Market Size, Share and Forecast 2024-2032

According to the report by Expert Market Research (EMR), the global light weapons market size is projected to grow at a CAGR of 5.3% between 2024 and 2032. Aided by the evolving military doctrines, geopolitical tensions, and technological advancements, the market is expected to grow significantly by 2032.

Light weapons encompass a diverse array of portable firearms and associated ammunition, including rifles, pistols, machine guns, grenade launchers, and shoulder-fired missiles, designed for individual or small-team use. These weapons play a pivotal role in modern warfare, counter-terrorism operations, law enforcement activities, and civilian self-defence, offering manoeuvrability, firepower, and versatility in various operational scenarios.

As per the light weapons market analysis, nations worldwide are actively modernising their military arsenals, investing in advanced light weapons systems to enhance operational capabilities, maintain deterrence, and address emerging security threats. Modern lightweight firearms equipped with advanced optics, modular accessories, and integrated electronic systems are increasingly favoured for their versatility, accuracy, and lethality on the battlefield.

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The ongoing global counter-terrorism efforts and law enforcement operations necessitate lightweight, portable weapons systems tailored for rapid deployment, close-quarters combat, and urban warfare environments and fuel light weapons market growth. Compact assault rifles, submachine guns, and specialized firearms optimised for counter-terrorism missions are in high demand among military and law enforcement agencies worldwide. Escalating geopolitical tensions, regional conflicts, and insurgent activities continue to drive demand for light weapons, particularly in conflict-prone regions and volatile hotspots. Nations facing security challenges seek to bolster their defence capabilities by acquiring modern small arms, ammunition, and related equipment to safeguard their sovereignty and territorial integrity.

The relentless pace of technological innovation in firearms design, materials science, and manufacturing processes is reshaping the light weapons market landscape. Advanced features such as lightweight materials, enhanced ergonomics, modular architecture, and digital connectivity are incorporated into next-generation firearms, enhancing user experience, operational effectiveness, and mission readiness. The trend towards modular weapon systems allows for greater customization, interoperability, and mission adaptability, enabling users to configure firearms according to specific operational requirements. Modular platforms facilitate rapid calibre changes, accessory integration, and ergonomic adjustments, catering to diverse mission profiles and user preferences across military, law enforcement, and civilian sectors.

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As per the light weapons market outlook, the integration of smart firearms technologies, including electronic sights, ballistic calculators, biometric authentication, and wireless connectivity, is gaining traction in the market. Smart firearms enhance accuracy, situational awareness, and user safety through advanced sensors, real-time data analysis, and digital interfaces, revolutionising firearm operation and performance in various applications.

Non-lethal weapon systems, such as less-lethal firearms, conducted energy devices (CEDs), and chemical irritants, are witnessing increased adoption by law enforcement agencies and military forces for crowd control, riot suppression, and escalation of force scenarios and propelling the light weapons market expansion. Non-lethal options provide effective means of incapacitation while minimising the risk of lethal outcomes, promoting de-escalation and conflict resolution in challenging operational environments. The pursuit of lightweight materials, ergonomic design, and user-friendly features is driving innovation in firearm manufacturing, resulting in lighter, more compact, and user-friendly firearms. Advanced polymers, carbon fibre composites, and titanium alloys are replacing traditional metal components, reducing weapon weight and fatigue while improving handling, recoil mitigation, and accuracy for end-users.

The global light weapons market share continues to expand, driven by increased demand from emerging markets, defence modernisation initiatives, and international military assistance programs. Leading arms manufacturers and exporters capitalise on growing market opportunities by offering a diverse range of light weapons, ammunition, and related equipment to meet the evolving needs of international customers.

Market Segmentation

The market can be divided based on type, guidance, application, and region.

Market 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

Market Breakup by Guidance

  • Guided
  • Laser Guided
  • Infrared Guided
  • Satellite Guided
  • Others
  • Unguided

Market Breakup by Application

  • Defence
  • Homeland Security

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global light weapons market. Some of the major players explored in the report by Expert Market Research are as follows:

  • Saab AB
  • Raytheon Technologies Corporation
  • Northrop Grumman Corporation
  • Thales Group
  • Heckler & Koch GmbH
  • Rheinmetall AG
  • ARSENAL JSCo
  • FN Herstal
  • Others

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