Global Light Weapons Market Size study & Forecast, by Type, Technology, Operations, End-User and Regional Forecasts 2025-2035

Global Light Weapons Market is valued approximately at USD 13.27 billion in 2024 and is anticipated to grow with a robust CAGR of 5.23% over the forecast period 2025-2035. Light weapons refer to a class of portable, lethal weapon systems that can be operated and maintained by a small crew or even a single individual. These include systems such as heavy machine guns, recoilless rifles, man-portable air-defense systems (MANPADS), and anti-tank weapons (MANPATS). The increasing relevance of asymmetric warfare, border security reinforcements, and modernization programs among defense forces worldwide are propelling the demand for technologically advanced and easily deployable light weapons. As global tensions persist and homeland security agencies expand their procurement priorities, the light weapons market is expected to chart a consistent growth trajectory.

The rise of unconventional warfare tactics—ranging from urban combat to counterinsurgency operations—has redefined battlefield dynamics, positioning light weapons as indispensable assets. Defense agencies are swiftly moving away from bulky armaments in favor of agile, portable systems that offer lethal precision while reducing logistical footprints. Moreover, technological innovations such as guided munition systems, lightweight composite materials, and real-time targeting enhancements are transforming the operational capability of these weapons. However, factors such as the proliferation risk of these weapons falling into the hands of non-state actors, coupled with stringent international arms regulations, continue to pose a threat to unrestrained market growth during the forecast period.

Regionally, North America commands the lion’s share of the global market owing to its formidable defense budget, continuous innovation in weapon systems, and active participation in peacekeeping and counterterrorism missions. The United States, in particular, channels significant investments into troop mobility and advanced warfare capabilities. Meanwhile, the Asia Pacific region is witnessing exponential growth driven by cross-border tensions, rising military budgets, and large-scale procurement of light weapon systems in countries such as India, China, and South Korea. Europe is also experiencing a steady rise in light weapons adoption due to NATO modernization programs and the Ukraine crisis reshaping continental security strategies.

Major market player included in this report are:
• Lockheed Martin Corporation
• BAE Systems
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• General Dynamics Corporation
• Saab AB
• FN Herstal
• Heckler & Koch GmbH
• Israel Weapon Industries (IWI)
• Rheinmetall AG
• Thales Group
• Barrett Firearms Manufacturing
• MBDA
• Denel SOC Ltd
• Leonardo S.p.A.

Global Light Weapons Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Type:
• Heavy Machine Guns
• Light Canons
• Recoilless Weapons
• MANPATS
• MANPADS
• Others

By Technology:
• Guided
• Unguided

By Operations:
• Crew-Served
• Individual

By End-User:
• Defense
• Homeland Security

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

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