Light Weapons Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The growing lethality and the sophisticated progressions in light weapons drive the market globally.

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Light Weapons Market Segment Insights:

By Type:

The anti-tank guided weapons dominated the market in 2018. The increasing demand for guided weapons drives the growth of this segment in the coming five years. The grenade launchers segment is estimated to be the fastest-growing segment during the forecast period. The incessant requirement in the armed forces influences the growth of this segment.

By End-User Type:

The military segment is expected to register a higher growth during the forecast period. The rising defense budget of some of the prominent economies is driving the growth of this segment.

By Region:

North America dominated the light weapons market and is expected to retain its dominance in the coming five years. The market is sustained by the rising demand for light weapons from emerging economies. Asia-Pacific is also projected to offer substantial growth opportunities during the forecast period. China, India, and the Middle East are the growth engines of the region. The growing defense budget is a major factor that sustains the growth of the market for light weapons in this region.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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