Global Light Weapons Market Research Report, analysis, Trends & forecast

A quick peek into the report

Report Description

The Global light weapons market has exhibited a moderate growth in the recent past.

Topics Covered in the Report

This report identifies the global light weapons market in different segments, such as type, end-user, and region.

Market Overview

The Global light weapons market has exhibited a moderate growth in the recent past.

Cold-war period led to the major developments in the weapons technology due to rising tensions of large-scale conflict between USSR and the U.S. The period witnessed a huge proliferation in all types of weapons ranging from nuclear to light ones. The advancements in technology has also led to the development of portable weapons. The portable weapons are generally small arms and light weapons which are easy to operate, cost-effective, and durable. Since, 13th century small arms have undergone a massive transformation in design and operation. Nations have continued to use their military as an instrument of force to attain their national objective, whether it is local or beyond borders.

Light weapon is a broad term that refers to any weapon that can be carried by two or three people serving as a crew. Light weapons are increasingly being adopted across military and homeland security end-users. Some of the prime factors behind the rise in the demand of light weapons are changing nature of warfare, increasing land disputes across the borders, and rise in defense spending.

The demand for light weapons is swiftly increasing among different end-users across the globe. The market is driven by several factors, such as increasing terrorist incidents, rising instability in Middle-East and Africa, and military modernization programs, among others.

The light weapons market accounted for a market value of $10.21 billion in 2016, with military end-user holding the highest share.

The Anti-Tank Guided Weapons (ATGWs) market accounts for a large share in overall revenue generated. The high share of ATGW is mainly attributed to the growing need for the guided weapons across defense agencies. During the forecast period, the grenade launchers market is expected to grow at a faster rate in comparison with other types.

North America is expected to dominate the market during the forecast period (2017-2021) which is followed by Asia Pacific, Europe, and Rest of the world. The United States is the leading country in the light weapons market, globally, and is expected to maintain its dominance during the forecast period. Asia Pacific is expected to grow at the highest CAGR with China dominating the market in this region. This region is growing at a much faster rate as compared to North America and Europe due to continuous efforts by both the government and light weapons manufacturers.

Some of the key players in the light weapons market include: Lockheed Martin, Orbital ATK, Raytheon, General Dynamics, BAE Systems, FN Herstal, Heckler and Koch, Thales Group, Saab AB, Rafael Advanced Defense Systems, Elbit Systems, among others.

Executive Summary

1 Research Scope & BIS Methodology

1.1 Scope of the Report
1.2 Light Weapons Market Research Methodology

2 Market Dynamics

2.1   Market Drivers
2.1.1   Increase in Conflicts and Terrorism Activities
2.1.2   Increasing Defense Spending by Asia Pacific Nations
2.2   Market Challenges
2.2.1   Illicit Brokering of Light Weapons
2.2.2   Increasing Proliferation of Light Weapons
2.3   Market Opportunities
2.3.1   Military Modernization Programs
2.3.2   Growing Demand from Developing Nations

3 Competitive Insights

3.1   Competitive Landscape
3.2   Key Strategies and Developments
3.2.1   Contracts
3.2.2   Partnerships, Agreements, Joint Ventures and Collaborations
3.2.3   Other Developments
3.3   Competitive Benchmarking and Market Players Ranking

4 Industry Analysis

4.1   Regulatory Overview
4.2   Lifecycles of Small Arms and Light Weapons (SALW)
4.3   Small Arms and Light Weapons Imports and Exports by Country
4.4   PESTLE Analysis
4.5   Value Chain Analysis

5 Global Light Weapons Market, 2017-2021

5.1 Assumptions and Limitations
5.2 Market Overview

6 Global Light Weapons Market by Type

6.1   Market Overview
6.2   Anti-Tank Guided Weapons
6.3   Anti-Aircraft Missile
6.4   Rocket Launchers
6.5   Man-Portable Air Defense System (MANPADS)
6.6   Heavy Machine Guns
6.7   Light Cannons
6.8   Recoilless Rifles
6.9   Grenade Launchers
6.1   Mortars
6.11   Grenades
6.12   Rocket Propelled Grenades

7 Global Light Weapons Market by End-User

7.1   Market Overview
7.2   Military
7.3   Homeland Security

8 Global Light Weapons Market by Region

8.1   Market Overview
8.2   North America
8.2.1   North America Light Weapons Market Size by End-User
8.2.2   North America Light Weapons Market Size by Type
8.2.3   North America Light Weapons Market Size by Country
8.2.3.1   The U.S.
8.2.3.2   Canada
8.3   Europe
8.3.1   European Light Weapons Market Size by End-User
8.3.2   European Light Weapons Market Size by Type
8.3.3   European Light Weapons Market Size by Country
8.3.3.1   The U.K.
8.3.3.2   Germany
8.3.3.3   Russia
8.3.3.4   France
8.4   Asia Pacific
8.4.1   Asia Pacific Light Weapons Market Size by End-User
8.4.2   Asia Pacific Light Weapons Market Size by Type
8.4.3   Asia Pacific Light Weapons Market Size by Country
8.4.3.1   China
8.4.3.2   India
8.4.3.3   Japan
8.5   Rest of the World
8.5.1   Rest of the World Light Weapons Market Size by End-User
8.5.2   Rest of the World Light Weapons Market Size by Type
8.5.3   Latin America
8.5.4   Middle East and Africa

9 Company Profile

9.1   BAE Systems
9.1.1   Company Overview
9.1.2   Product Offerings
9.1.3   Financials
9.1.3.1   Overall Financials
9.1.3.2   Segment Revenue Mix
9.1.3.3   Geographic Revenue Mix
9.1.3.4   Financial Summary
9.1.4   SWOT Analysis
9.2   Elbit Systems
9.2.1   Company Overview
9.2.2   Product Offerings
9.2.3   Financials
9.2.3.1   Overall Financials
9.2.3.2   Segment Revenue Mix
9.2.3.3   Geographic Revenue Mix
9.2.3.4   Financial Summary
9.2.4   SWOT Analysis
9.3   FN Herstal
9.3.1   Company Overview
9.3.2   Product Offerings
9.3.3   SWOT Analysis
9.4   General Dynamics Ordnance and Tactical Systems
9.4.1   Company Overview
9.4.2   Product Offerings
9.4.3   Financials
9.4.3.1   Overall Financials
9.4.3.2   Segment Revenue Mix
9.4.3.3   Geographic Revenue Mix
9.4.3.4   Financial Summary
9.4.4   SWOT Analysis
9.5   Heckler & Koch GmbH
9.5.1   Company Overview
9.5.2   Product Offerings
9.5.3   SWOT Analysis
9.6   Israel Aerospace Industries (IAI)
9.6.1   Company Overview
9.6.2   Product Offerings
9.6.3   Financials
9.6.3.1   Overall Financials
9.6.3.2   Segment Revenue Mix
9.6.3.3   Geographic Revenue Mix
9.6.3.4   Financial Summary
9.6.4   SWOT Analysis
9.7   Leonardo S.p.A
9.7.1   Company Overview
9.7.2   Product Offerings
9.7.3   Financials
9.7.3.1   Overall Financials
9.7.3.2   Segment Revenue Mix
9.7.3.3   Geographic Revenue Mix
9.7.3.4   Financial Summary
9.7.4   SWOT Analysis
9.8   Lockheed Martin
9.8.1   Company Overview
9.8.2   Product Offerings
9.8.3   Financials
9.8.3.1   Overall Financials
9.8.3.2   Segment Revenue Mix
9.8.3.3   Geographic Revenue Mix
9.8.3.4   Financial Summary
9.8.4   SWOT Analysis
9.9   Orbital ATK, Inc.
9.9.1   Company Overview
9.9.2   Product Offerings
9.9.3   Financials
9.9.3.1   Overall Financials
9.9.3.2   Segment Revenue Mix
9.9.3.3   Financial Summary
9.9.4   SWOT Analysis
9.10   Rafael Advanced Defense Systems Ltd.
9.10.1   Company Overview
9.10.2   Product Offerings
9.10.3   SWOT Analysis
9.11   Raytheon Inc.
9.11.1   Company Overview
9.11.2   Product Offerings
9.11.3   Financials
9.11.3.1   Overall Financials
9.11.3.2   Segment Revenue Mix
9.11.3.3   Geographic Revenue Mix
9.11.3.4   Financial Summary
9.11.4   SWOT Analysis
9.12   Rheinmetall Group
9.12.1   Company Overview
9.12.2   Product Offerings
9.12.3   Financials
9.12.3.1   Overall Financials
9.12.3.2   Segment Revenue Mix
9.12.3.3   Geographic Revenue Mix
9.12.3.4   Financial Summary
9.12.4   SWOT Analysis
9.13   Saab AB
9.13.1   Company Overview
9.13.2   Product Offerings
9.13.3   Financials
9.13.3.1   Overall Financials
9.13.3.2   Segment Revenue Mix
9.13.3.3   Geographic Revenue Mix
9.13.3.4   Financial Summary
9.13.4   SWOT Analysis
9.14   Textron Systems
9.14.1   Company Overview
9.14.2   Product Offerings
9.14.3   Financials
9.14.3.1   Overall Financials
9.14.3.2   Segment Revenue Mix
9.14.3.3   Geographic Revenue Mix
9.14.3.4   Financial Summary
9.14.4   SWOT Analysis
9.15   Thales Group
9.15.1   Company Overview
9.15.2   Product Offerings
9.15.3   Financials
9.15.3.1   Overall Financials
9.15.3.2   Segment Revenue Mix
9.15.3.3   Geographic Revenue Mix
9.15.3.4   Financial Summary
9.15.4   SWOT Analysis

10 Appendix

10.1 Related Reports

List of Tables

Table 1    Market Snapshot: Global Light Weapons Market
Table 2.1   Share of Top 10 Largest Arms Importers (%)
Table 2.2   Light Weapons Usage by Non-State Armed Groups
Table 2.3   Defense Agencies Procurement Plans of Light Weapons
Table 3.1   Key Contracts
Table 3.2   Partnerships, Agreements, Joint Ventures and Collaborations
Table 3.3   Other Developments
Table 4.1   Small Arms and Light Weapons Imports and Exports, 2014 ($Million)
Table 4.2   Exporters of Small Arms and Light Weapons by Country, 2012
Table 4.3   Importers of Small Arms and Light Weapons by Country, 2012
Table 4.4   List of Legislations
Table 4.5   Global Defense Budget, 2016
Table 6.1   Light Weapons Market by Type 2016-2021 ($Million)
Table 7.1   Light Weapons Market by End-User 2016-2021 ($Million)
Table 7.2   Developments in Light Weapons Market
Table 8.1   Global Light Weapons Market Size by Geography, 2016-2021
Table 8.2   Latin America Imports by Countries

List of Figures

Figure 1   Global Defense Budget, 2004-2016
Figure 2   Advantages of Light Weapons
Figure 3   Light Weapons Market Snapshot, 2016 and 2021
Figure 4   Number of Terrorist Incidents, 2000 - 2016
Figure 5   Light Weapons Market Size by Type, 2016 and 2021
Figure 6   Light Weapons Market Size by End-User, 2016 and 2021
Figure 7   Light Weapons Market Size by Region, 2016
Figure 8   Light Weapons Market Size by Country, 2016
Figure 9   Geographical Distribution of Light Weapons Market Size by Type, 2016
Figure 1.1   Global Light Weapons Market Scope
Figure 1.2   Light Weapons Market Research Methodology
Figure 1.3   Secondary Data Sources
Figure 1.4   Top Down and Bottom Up Approach
Figure 1.5   Light Weapons Market Influencing Factors
Figure 1.6   Assumptions and Limitations
Figure 2.1   Market Dynamics Snapshot
Figure 2.2   Impact Analysis on Market Drivers
Figure 2.3   Impact Analysis on Market Challenges
Figure 2.4   Deaths from Terrorism, 2014 and 2015
Figure 2.5   Terrorist Attacks around the World, 2015
Figure 2.6   Global Military Spending, 2016
Figure 3.1   Key Strategies Adopted by Market Players
Figure 3.2   Percentage Share of Strategies Adopted by the Market Players, 2014-2017
Figure 3.3   Competitive Benchmarking
Figure 3.4   Market Players Ranking
Figure 4.1   Six Principles to Curb Small Arms and Light Weapons
Figure 4.2   Six Principles to Curb Small Arms and Light Weapons
Figure 4.3   Lifecycle of a Gun
Figure 4.4   Value Chain Analysis
Figure 5.1   Global Light Weapons Market Size, 2016-2021
Figure 6.1   Classification of Global Light Weapons Market by Type
Figure 6.2   Light Weapons Market by Type, 2016 and 2021
Figure 6.3   Anti-Tank Guided Weapons Market Size, 2016 - 2021
Figure 6.4   Anti-Aircraft Missile Market Size, 2016 - 2021
Figure 6.5   Rocket Launchers Market Size, 2016 - 2021
Figure 6.6   MANPADS Market Size, 2016 - 2021
Figure 6.7   Heavy Machine Guns Market Size, 2016 - 2021
Figure 6.8   Light Cannons Market Size, 2016 - 2021
Figure 6.9   Recoilless Rifles Market Size, 2016 - 2021
Figure 6.10   Grenade Launchers Market Size, 2016 - 2021
Figure 6.11   Mortars Market Size, 2016 - 2021
Figure 6.12   Grenades Market Size, 2016 - 2021
Figure 6.13   Rocket Propelled Grenades Market Size, 2016 - 2021
Figure 7.1   Classification of Global Light Weapons Market by End-User
Figure 7.2   Global Light Weapons Market by End-User, 2016 and 2021
Figure 7.3   Military Market Size, 2016-2021
Figure 7.4   Homeland Security Market Size, 2016-2021
Figure 8.1   Classification of Global Light Weapons Market by Region
Figure 8.2   Geographic Distribution of Light Weapons Market, 2016 -2021
Figure 8.3   North American Light Weapons Market Size by Country, 2016-2021
Figure 8.4   North America Light Weapons Market Size by End-User, 2016-2021
Figure 8.5   North America Light Weapons Market Size by Type, 2016-2021
Figure 8.6   Light Weapons Market in the U.S., 2016-2021
Figure 8.7   Total U.S. Arms Exports, 2010-2017
Figure 8.8   Light Weapons Market in Canada, 2016-2021
Figure 8.9   European Light Weapons Market Size by Country, 2016-2021
Figure 8.10   European Light Weapons Market Size by End-User, 2016-2021
Figure 8.11   European Light Weapons Market Size by Type, 2016-2021
Figure 8.12   Light Weapons Market in the U.K., 2016-2021
Figure 8.13   Light Weapons Market in Germany, 2016-2021
Figure 8.14   Light Weapons Market in Russia, 2016-2021
Figure 8.15   Light Weapons Market in France, 2016-2021
Figure 8.16   Asia Pacific Light Weapons Market by Country, 2016-2021
Figure 8.17   Asia Pacific Light Weapons Market Size by End-User, 2016-2021
Figure 8.18   Asia Pacific Light Weapons Market Size by Type, 2016-2021
Figure 8.19   Light Weapons Market in China, 2016-2021
Figure 8.20   Light Weapons Market in India, 2016-2021
Figure 8.21   Light Weapons Market in Japan, 2016-2021
Figure 8.22   Light Weapons Market in Rest of the World, 2016-2021
Figure 8.23   Rest of the World Light Weapons Market by End-User, 2016-2021
Figure 8.24   Rest of the World Light Weapons Market by Type, 2016-2021
Figure 8.25   Light Weapons Market in Latin America, 2016-2021
Figure 8.26   Light Weapons Market in Middle East and Africa, 2016-2021
Figure 9.1   BAE Systems – Product Offerings
Figure 9.2   BAE Systems – Overall Financials, 2014-2016
Figure 9.3   BAE Systems – Business Segment Revenue Mix, 2014-2016
Figure 9.4   BAE Systems– Geographic Revenue Mix, 2014-2016
Figure 9.5   SWOT Analysis – BAE Systems
Figure 9.6   Elbit Systems – Product Offerings
Figure 9.7   Elbit Systems – Overall Financials, 2014-2016
Figure 9.8   Elbit Systems–Business Segment Revenue Mix, 2014-2016
Figure 9.9   Elbit Systems – Geographic Revenue Mix, 2014-2016
Figure 9.10   SWOT Analysis – Elbit Systems
Figure 9.11   FN Herstal: Product Offerings
Figure 9.12   FN Herstal: SWOT Analysis
Figure 9.13   General Dynamics – Product Offerings
Figure 9.14   General Dynamics – Overall Financials, 2014-2016
Figure 9.15   General Dynamics– Business Segment Revenue Mix, 2014-2016
Figure 9.16   General Dynamics– Geographic Revenue Mix, 2014-2016
Figure 9.17   SWOT Analysis – General Dynamics
Figure 9.18   Heckler & Koch: Product Offerings
Figure 9.19   Heckler & Koch AG: SWOT Analysis
Figure 9.20   IAI – Product Offerings
Figure 9.21   Israel Aerospace Industries (IAI) – Overall Financials, 2014-2016
Figure 9.22   Israel Aerospace Industries (IAI)–Business Segment Revenue Mix, 2014-2016
Figure 9.23   Israel Aerospace Industries (IAI) – Geographic Revenue Mix, 2014-2016
Figure 9.24   SWOT Analysis -- Israel Aerospace Industries (IAI)
Figure 9.25   Leonardo S.p.A – Product Offerings
Figure 9.26   Leonardo S.p.A – Overall Financials, 2014-2016
Figure 9.27   Leonardo S.p.A –Business Segment Revenue Mix, 2014-2016
Figure 9.28   Leonardo S.p.A – Geographic Revenue Mix, 2014-2016
Figure 9.29   SWOT Analysis – Leonardo S.p.A
Figure 9.30   Lockheed Martin – Product Offerings
Figure 9.31   Lockheed Martin – Overall Financials, 2014-2016
Figure 9.32   Lockheed Martin – Business Segment Revenue Mix, 2014-2016
Figure 9.33   Lockheed Martin – Geographic Revenue Mix, 2014 - 2016
Figure 9.34   SWOT Analysis – Lockheed Martin
Figure 9.35   Orbital ATK, Inc.: Product Offerings
Figure 9.36   Orbital ATK, Inc. – Overall Financials, 2014-2016
Figure 9.37   Orbital ATK, Inc. – Segment Revenue Mix, 2014-2016
Figure 9.38   Orbital ATK, Inc. – SWOT Analysis
Figure 9.39   Rafael Advanced Defense Systems Ltd.: Product Offerings
Figure 9.40   Rafael Advanced Defense Systems Ltd.: SWOT Analysis
Figure 9.41   Raytheon Inc. – Product Offerings
Figure 9.42   Raytheon Inc. – Overall Financials, 2014-2016
Figure 9.43   Raytheon Inc. – Business Segment Revenue Mix, 2014-16
Figure 9.44   Raytheon Inc. – Geographic Revenue Mix, 2014-2016
Figure 9.45   SWOT Analysis – Raytheon Inc.
Figure 9.46   Rheinmetall Group – Product Offerings
Figure 9.47   Rheinmetall Group – Overall Financials, 2014-2016
Figure 9.48   Rheinmetall Group – Business Segment Revenue Mix, 2015-16
Figure 9.49   Rheinmetall Group – Geographic Revenue Mix, 2015-2016
Figure 9.50   SWOT Analysis – Rheinmetall Group
Figure 9.51   Saab AB – Product Offerings
Figure 9.52   Saab AB – Overall Financials, 2014-2016
Figure 9.53   Saab AB – Business Segment Revenue Mix, 2014-2016
Figure 9.54   Saab AB – Geographic Revenue Mix, 2014-2016
Figure 9.55   SWOT Analysis -- Saab AB
Figure 9.56   Textron Systems – Product Offerings
Figure 9.57   Textron Systems – Overall Financials, 2014-2016
Figure 9.58   Textron Systems – Business Segment Revenue Mix, 2014-2016
Figure 9.59   Textron Systems – Geographic Revenue Mix, 2014-2016
Figure 9.60   Textron Systems – SWOT Analysis
Figure 9.61   Thales Group – Product Offerings
Figure 9.62   Thales Group – Overall Financials, 2014-2016
Figure 9.63   Thales Group – Business Segment Revenue Mix, 2014-2016
Figure 9.64   Thales Group – Geographic Revenue Mix, 2014-2016
Figure 9.65   SWOT Analysis – Thales Group