경화기 시장 규모, 점유율, 성장, 세계 산업 분석, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of light weapons Market

The global light weapons market size was valued at USD 16.46 billion in 2025 and is projected to grow from USD 17.48 billion in 2026 to USD 28.26 billion by 2034, registering a CAGR of 6.19% during the forecast period. North America dominated the market with a 44.96% share in 2025. Increasing defense expenditure, military modernization, homeland security requirements, and technological advancements in precision-guided systems are supporting market expansion.

Light weapons include crew-served systems used by defense and security forces, such as heavy machine guns, grenade launchers, recoilless rifles, man-portable air-defense systems, anti-tank systems, mortars, light cannons, and related launchers. Demand is influenced by modernization programs and procurement requirements across defense forces worldwide.

Market Definition and Scope

The light weapons market covers crew-served and portable weapon systems primarily deployed for defense, military, naval, and homeland security applications. The market is analyzed by type, guidance, application, and geography. Technological development is increasingly focused on improving precision, reliability, mobility, and integration with modern military platforms.

Market Trends

The industry is moving toward precision-guided and technologically advanced systems. Guided weapons benefit from improved targeting and longer-range accuracy, while laser-based technologies are being incorporated into advanced defense systems. Research and development activities are also encouraging manufacturers to develop lighter, more reliable, and digitally integrated equipment.

Modernization of military forces and increasing demand for advanced battlefield capabilities are encouraging defense organizations to replace older systems with next-generation alternatives.

Market Dynamics

DRIVER - Rising Defense Expenditure and Military Modernization

Growing defense budgets and military modernization programs remain major growth drivers. Governments are investing in updated equipment for armed forces, border protection, naval operations, and homeland security. Demand for reliable and portable systems is also supported by increasing procurement programs and the need to strengthen defense capabilities.

RESTRAINT - Stringent Regulations and Licensing Requirements

Strict government regulations surrounding the production, transfer, possession, and export of weapons can restrict market accessibility. Licensing procedures and international trade controls increase compliance requirements for manufacturers and distributors. Civilian restrictions in several countries can further limit potential demand.

MARKET OPPORTUNITY - Precision and Advanced Guidance Technologies

The increasing integration of precision guidance, advanced targeting systems, laser technologies, and improved materials provides significant opportunities for manufacturers. Growing demand for modern anti-tank and air-defense systems also encourages investment in research and development.

Segmentation Analysis

By Type

The market includes heavy machine guns, recoilless rifles, anti-tank weapons, anti-aircraft missiles, light cannons, MANPADS, MANPAT, infantry mortars, grenades, launchers, and landmines. Anti-tank weapons are expected to witness significant growth, supported by changing defense requirements and military modernization. Anti-aircraft missiles and light cannons are also benefiting from technological advancement.

By Guidance

The market is divided into guided and unguided systems. The guided segment held the largest position, accounting for 59% of the market in 2025, owing to demand for improved targeting accuracy and longer-range capabilities. Unguided systems continue to serve important military applications.

By Application

The market is categorized into defense and homeland security. Defense represents the leading application because of rising military spending and modernization programs. Homeland security also contributes to demand through border protection, public safety, and security requirements.

Regional Analysis

North America led the global market, with a market size of USD 5.67 billion in the supplied regional data. Strong defense spending, military modernization, and the presence of major defense manufacturers support regional demand.

Asia Pacific is expected to record strong growth as countries increase defense expenditure and modernize military capabilities. India and other emerging economies are contributing to regional expansion.

Europe is expected to maintain significant demand, supported by defense investments across the U.K., Germany, Russia, and other countries. The region is projected to grow at a CAGR of 5.08%.

The Middle East & Africa market is supported by rising defense budgets and investments in advanced military equipment, particularly across Saudi Arabia, Israel, and Turkey.

Competitive Landscape

The competitive environment includes Arsenal, BAE Systems, FN Herstal, General Dynamics Corporation, Heckler & Koch GmbH, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB, and Thales Group. Companies are emphasizing precision, reliability, advanced materials, and technologically enhanced systems to strengthen their market positions.

Key Industry Developments

Recent developments include Bharat Electronics Limited securing a contract to supply laser dazzlers to the Indian Navy, Lockheed Martin receiving a contract for mobile rocket launcher systems, and the Indian Ministry of Defense awarding contracts for Pinaka rocket launcher procurement. These developments reflect continued investment in defense modernization and advanced military technologies.

Report Coverage

The light weapons market research report provides an analysis of market size, market forecast, major product categories, guidance technologies, applications, regional developments, market trends, growth drivers, restraints, competitive dynamics, and key industry developments. It also evaluates the impact of defense expenditure, modernization programs, technological innovation, and regulatory conditions on market growth.

Conclusion

The global light weapons market is positioned for sustained expansion, increasing from USD 16.46 billion in 2025 to USD 17.48 billion in 2026 and USD 28.26 billion by 2034. Defense modernization, increasing procurement budgets, precision technologies, and demand for advanced military capabilities will remain central to market growth. While stringent regulations and licensing requirements may restrict certain opportunities, innovation in guided systems, laser technologies, and next-generation anti-tank and air-defense equipment is expected to create new avenues for manufacturers. North America will remain a major market, while Asia Pacific and other emerging regions are expected to provide additional growth opportunities through increasing defense investments.

Unit Value (USD Billion)

Segmentation By Type

• Heavy Machine Guns
• Light Cannon
• Recoilless Rifles
• MANPADS
• Grenades
• 9='MANPAT
• Infantry Mortar
• Anti-tank missiles
• Anti-tank weapons
• Launchers
• Landmines

By Guidance

• Guided
• Unguided

By Application

• Defense
• Homeland Security

By Geography

• North America (The U.S. and Canada)
• Europe (The U.K., Germany, France, Russia, and Rest of Europe)
• Asia-Pacific (Japan, China, India, Australia, and Rest of Asia- Pacific)
• The Middle East (Saudi Arabia, Israel, Turkey, and rest of the Middle East)
• Rest of the World (Latin America and Africa)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Industry Developments -Mergers, Acquisitions and Partnerships
• 4.2. Latest technological Advancements
• 4.3. Porters Five Forces Analysis
• 4.4. Supply Chain Analysis

5. Quantitative Insights- Impact of COVID-19 Pandemic on Global Light Weapons Market

• 5.1. Impact of COVID-19 on Global Light Weapons Market
• 5.2. Steps Taken by Industry/Companies/Governments to Overcome the Impact
• 5.3. Key Developments in The Industry in Response to COVID-19 Pandemic
• 5.4. Potential Opportunities Due to COVID-19 Outbreak

6. Global Light Weapons Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Key Findings / Summary
• 6.2. Market Analysis, Insights and Forecast - By Type
  • 6.2.1. Heavy Machine Guns
  • 6.2.2. Light Cannon
  • 6.2.3. Recoilless Rifles
  • 6.2.4. MANPADS
  • 6.2.5. Grenades
  • 6.2.6. MANPAT
  • 6.2.7. Infantry Mortars
  • 6.2.8. Anti-tank Missiles
  • 6.2.9. Anti-tank Weapons
  • 6.2.10. Launchers
  • 6.2.11. Landmines
• 6.3. Market Analysis, Insights and Forecast - By Guidance
  • 6.3.1. Guided
  • 6.3.2. Unguided
• 6.4. Market Analysis, Insights and Forecast - By Application
  • 6.4.1. Defense
  • 6.4.2. Homeland Security
• 6.5. Market Analysis, Insights and Forecast - By Region
  • 6.5.1. North America
  • 6.5.2. Europe
  • 6.5.3. Asia pacific
  • 6.5.4. The Middle East
  • 6.5.5. Rest of the World

7. North America Light Weapons Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Key Findings / Summary
• 7.2. Market Analysis, Insights and Forecast - By Type
  • 7.2.1. Heavy Machine Guns
  • 7.2.2. Light Cannon
  • 7.2.3. Recoilless Rifles
  • 7.2.4. MANPADS
  • 7.2.5. Grenades
  • 7.2.6. MANPAT
  • 7.2.7. Infantry Mortars
  • 7.2.8. Anti-tank Missiles
  • 7.2.9. Anti-tank Weapons
  • 7.2.10. Launchers
  • 7.2.11. Landmines
• 7.3. Market Analysis, Insights and Forecast - By Guidance
  • 7.3.1. Guided
  • 7.3.2. Unguided
• 7.4. Market Analysis, Insights and Forecast - By Application
  • 7.4.1. Defense
  • 7.4.2. Homeland Security
• 7.5. Market Analysis - By Country
  • 7.5.1. The U.S.
  • 7.5.2. Canada

8. Europe Light Weapons Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Key Findings / Summary
• 8.2. Market Analysis, Insights and Forecast - By Type
  • 8.2.1. Heavy Machine Guns
  • 8.2.2. Light Cannon
  • 8.2.3. Recoilless Rifles
  • 8.2.4. MANPADS
  • 8.2.5. Grenades
  • 8.2.6. MANPAT
  • 8.2.7. Infantry Mortars
  • 8.2.8. Anti-tank Missiles
  • 8.2.9. Anti-tank Weapons
  • 8.2.10. Launchers
  • 8.2.11. Landmines
• 8.3. Market Analysis, Insights and Forecast - By Guidance
  • 8.3.1. Guided
  • 8.3.2. Unguided
• 8.4. Market Analysis, Insights and Forecast - By Application
  • 8.4.1. Defense
  • 8.4.2. Homeland Security
• 8.5. Market Analysis - By Country
  • 8.5.1. The U.K
  • 8.5.2. Germany
  • 8.5.3. France
  • 8.5.4. Russia
  • 8.5.5. Rest of Europe

9. Asia Pacific Light Weapons Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Key Findings / Summary
• 9.2. Market Analysis, Insights and Forecast - By Type
  • 9.2.1. Heavy Machine Guns
  • 9.2.2. Light Cannon
  • 9.2.3. Recoilless Rifles
  • 9.2.4. MANPADS
  • 9.2.5. Grenades
  • 9.2.6. MANPAT
  • 9.2.7. Infantry Mortars
  • 9.2.8. Anti-tank Missiles
  • 9.2.9. Anti-tank Weapons
  • 9.2.10. Launchers
  • 9.2.11. Landmines
• 9.3. Market Analysis, Insights and Forecast - By Guidance
  • 9.3.1. Guided
  • 9.3.2. Unguided
• 9.4. Market Analysis, Insights and Forecast - By Application
  • 9.4.1. Defense
  • 9.4.2. Homeland Security
• 9.5. Market Analysis - By Country
  • 9.5.1. Japan
  • 9.5.2. China
  • 9.5.3. India
  • 9.5.4. Australia
  • 9.5.5. Rest of Asia-Pacific

10. The Middle East Light Weapons Market Analysis, Insights and Forecast, 2021-2034

• 10.1. Key Findings / Summary
• 10.2. Market Analysis, Insights and Forecast - By Type
  • 10.2.1. Heavy Machine Guns
  • 10.2.2. Light Cannon
  • 10.2.3. Recoilless Rifles
  • 10.2.4. MANPADS
  • 10.2.5. Grenades
  • 10.2.6. MANPAT
  • 10.2.7. Infantry Mortars
  • 10.2.8. Anti-tank Missiles
  • 10.2.9. Anti-tank Weapons
  • 10.2.10. Launchers
  • 10.2.11. Landmines
• 10.3. Market Analysis, Insights and Forecast - By Guidance
  • 10.3.1. Guided
  • 10.3.2. Unguided
• 10.4. Market Analysis, Insights and Forecast - By Application
  • 10.4.1. Defense
  • 10.4.2. Homeland Security
• 10.5. Market Analysis - By Country
  • 10.5.1. Israel
  • 10.5.2. Saudi Arabia
  • 10.5.3. Turkey
  • 10.5.4. Rest of the Middle East

11. Rest of the World Light Weapons Market Analysis, Insights and Forecast, 2021-2034

• 11.1. Key Findings / Summary
• 11.2. Market Analysis, Insights and Forecast - By Type
  • 11.2.1. Heavy Machine Guns
  • 11.2.2. Light Cannon
  • 11.2.3. Recoilless Rifles
  • 11.2.4. MANPADS
  • 11.2.5. Grenades
  • 11.2.6. MANPAT
  • 11.2.7. Infantry Mortars
  • 11.2.8. Anti-tank Missiles
  • 11.2.9. Anti-tank Weapons
  • 11.2.10. Launchers
  • 11.2.11. Landmines
• 11.3. Market Analysis, Insights and Forecast - By Guidance
  • 11.3.1. Guided
  • 11.3.2. Unguided
• 11.4. Market Analysis, Insights and Forecast - By Application
  • 11.4.1. Defense
  • 11.4.2. Homeland Security
• 11.5. Market Analysis - By Sub-Region
  • 11.5.1. Latin America
  • 11.5.2. Africa

12. Competitive Analysis

• 12.1. Key Industry Developments
• 12.2. Global Market Share Analysis (2025)
• 12.3. Competition Dashboard
• 12.4. Comparative Analysis - Major Players
• 12.5. Company Profiles
  • 12.5.1. ARSENAL
    • 12.5.1.1. Overview,
    • 12.5.1.2. Products & services,
    • 12.5.1.3. SWOT analysis,
    • 12.5.1.4. Recent developments,
    • 12.5.1.5. strategies,
    • 12.5.1.6. financials (based on availability)
  • 12.5.2. BAE Systems
    • 12.5.2.1. Overview,
    • 12.5.2.2. Products & services,
    • 12.5.2.3. SWOT analysis,
    • 12.5.2.4. Recent developments,
    • 12.5.2.5. strategies,
    • 12.5.2.6. financials (based on availability)
  • 12.5.3. FN HERSTAL
    • 12.5.3.1. Overview,
    • 12.5.3.2. Products & services,
    • 12.5.3.3. SWOT analysis,
    • 12.5.3.4. Recent developments,
    • 12.5.3.5. strategies,
    • 12.5.3.6. financials (based on availability)
  • 12.5.4. General Dynamics Corporation
    • 12.5.4.1. Overview,
    • 12.5.4.2. Products & services,
    • 12.5.4.3. SWOT analysis,
    • 12.5.4.4. Recent developments,
    • 12.5.4.5. strategies,
    • 12.5.4.6. financials (based on availability)
  • 12.5.5. Heckler & Koch GmbH
    • 12.5.5.1. Overview,
    • 12.5.5.2. Products & services,
    • 12.5.5.3. SWOT analysis,
    • 12.5.5.4. Recent developments,
    • 12.5.5.5. strategies,
    • 12.5.5.6. financials (based on availability)
  • 12.5.6. Lockheed Martin Corporation
    • 12.5.6.1. Overview,
    • 12.5.6.2. Products & services,
    • 12.5.6.3. SWOT analysis,
    • 12.5.6.4. Recent developments,
    • 12.5.6.5. strategies,
    • 12.5.6.6. financials (based on availability)
  • 12.5.7. Northrop Grumman Corporation
    • 12.5.7.1. Overview,
    • 12.5.7.2. Products & services,
    • 12.5.7.3. SWOT analysis,
    • 12.5.7.4. Recent developments,
    • 12.5.7.5. strategies,
    • 12.5.7.6. financials (based on availability)
  • 12.5.8. Raytheon Technologies Corporation
    • 12.5.8.1. Overview,
    • 12.5.8.2. Products & services,
    • 12.5.8.3. SWOT analysis,
    • 12.5.8.4. Recent developments,
    • 12.5.8.5. strategies,
    • 12.5.8.6. financials (based on availability)
  • 12.5.9. Rheinmetall AG
    • 12.5.9.1. Overview,
    • 12.5.9.2. Products & services,
    • 12.5.9.3. SWOT analysis,
    • 12.5.9.4. Recent developments,
    • 12.5.9.5. strategies,
    • 12.5.9.6. financials (based on availability)
  • 12.5.10. Saab AB
    • 12.5.10.1. Overview,
    • 12.5.10.2. Products & services,
    • 12.5.10.3. SWOT analysis,
    • 12.5.10.4. Recent developments,
    • 12.5.10.5. strategies,
    • 12.5.10.6. financials (based on availability)
  • 12.5.11. Thales Group
    • 12.5.11.1. Overview,
    • 12.5.11.2. Products & services,
    • 12.5.11.3. SWOT analysis,
    • 12.5.11.4. Recent developments,
    • 12.5.11.5. strategies,
    • 12.5.11.6. financials (based on availability)