According to the report by Expert Market Research (EMR), the global [FURL=https://shorturl.at/w8HRA]light weapons market size[/FURL] 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 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.
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.
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.
Competitive Landscape
Saab AB
Raytheon Technologies Corporation
Northrop Grumman Corporation
Thales Group
Heckler & Koch GmbH
Rheinmetall AG
ARSENAL JSCo
FN Herstal
Others
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