Global Light Weapons Market Trends 2023-2028: Top Key-Players in the Industry - BAE Systems plc, FN Herstal (Herstal Group), General Dynamics Corporation
How Big is the Light Weapons Market ? IMARC Group's latest research report, titled “ Light Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ,” offers a comprehensive analysis of the industry, which comprises insights on the global light weapons industry. The global light weapons market size reached US$ 13.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028. What are Light Weapons ? Light weapons are tools for both military and non-military purposes that are characterized by their relative portability and ease of use. They comprise assault rifles, machine guns, grenade launchers, portable anti-tank weapons, and shoulder-fired missiles. They provide enhanced adaptability, mobility, and affordability, which makes them an attractive option for various armed forces, law enforcement ag...