A new investigative report titled “Global Light Weapons Market” has been added by Emergen Research to its ever-expanding repository. The report provides a sophisticated analysis of the insightful data of the Light Weapons industry that has been formulated based on thorough primary and secondary research.
Besides, extensive rise in the cross-border conflict, broadening the number of armed law enforcement troops new taskforce battalions, and asymmetric warfare intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of the polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.
Furthermore, the report provides further insights into the factors influencing the growth and expansion of the Light Weapons sector. The report considers COVID-19 as a key contributing factor owing to its negative impact on several segments of the Light Weapons market.
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Some Key Highlights From the Report
- In January 2020, The Adani Group, an Indian conglomerate, announced its acquisition of a light weapons business facility in Gwalior, India. With this acquisition, the company entered in the Light Weapons business where the company will be capable of producing machine guns, carbines, and other light weapons.
- The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.
The statistical data provided by the report offers an in-depth assessment and interpretation of the Global Light Weapons Market and provides a detailed overview of the supply and demand chain in the global Light Weapons sector. The report has been formulated through various advanced statistical tools such as SWOT analysis and Porter’s Five Forces Analysis, along with feasibility analysis and venture return analysis.
The study also offers a comprehensive analysis of the segments and sub-segments of the Light Weapons market.
- Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Rifles Machine Guns
- Manpads Launchers
- Small Morters Mobile Rocket Launchers
- Grenades Landmines
- Anti-Aircraft/Anti-Submarine Missiles
- Light Anti-Tank Weapons
- End Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Military
- Law Enforcement
To know more about the report, visit - https://www.emergenresearch.com/industry-report/light-weapons-market
In conclusion, the report on the Light Weapons industry is a detailed assessment of the market that offers the readers insightful data on the workings of the Light Weapons sector, along with the global and regional scenarios. It also provides a competitive advantage to the reader to assist them in capitalizing on the prominent aspects of the Light Weapons market.
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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