Light Weapons Market Growth Analysis And COVID19 Impact
Market Overview: Light Weapons Market growth Size Projected To Reach USD 20.01 Billion By 2030, Exhibiting A CAGR Of 6% 2020-2030. The global Light Weapons Market growth has been segmented based on type, technology, mode of operation, end-user and region. Based on type, the Light Weapons Market growth is divided into heavy machine guns, light canons, grenade launchers, infantry mortars, recoilless weapons, man-portable anti-tank systems, man-portable air-defense systems, and other weapons. The man-portable anti-tank systems segment is estimated to account for the largest market share while the grenade launchers segment is projected to witness the highest CAGR during the forecast period. The man-portable anti-tank system comprises rocket launchers, rocket-propelled grenades (RPGs), among others. It offers more lethal and effective defense against almost all land-based vehicles as well as aircraft and helicopters flying at a low altitude. Key Players: The ke...