Light Weapons (Man-Portable Air-Defence Systems, ATGW (Anti-Tank Guided Weapons), Heavy Machine Guns, Mortars/Grenade Launchers, Recoilless Rifles) Market - Forecasts to 2019

DUBLIN, May 12, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/dzdwcs/light_weapons) has announced the addition of the "Light Weapons Market by Product, Technology, Platform & Geography - Forecasts & Analysis to 2014 - 2019" report to their offering.

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The global light weapons market research report includes the MANPAD (man-portable air-defence systems), ATGW (anti-tank guided weapons), and unguided weapons markets. This report provides the market analysis of the global market over the next 5 years. It discusses the industry, market, and technology trends that are currently prevailing in the market. This market is categorized into guided and unguided weapons based on technology that consists of MANPAD, ATGW, Heavy Machine Guns, Recoilless rifles, and Mortars/Grenade Launchers. The market share for airborne, land, naval, and homeland security forces has also been detailed in this report.

The global market will exhibit a gradual growth over the next 5 years. The global MANPAD market is estimated to be $123.88 million in 2014 and is expected to register a CAGR of 1.67% in 2019. The global ATGW market is estimated to be $908.47 million in 2014 and is expected to register a CAGR of 3.14% in 2019. The global unguided weapons market is estimated to be $333.92 million in 2014 and is expected to register a CAGR of 1.90% in 2019.

The market is driven by the increasing need for high precision, lightweight, and compact weapon systems. With the evolution of technology, better guided weapons with a high target hit ratio are being designed. A considerable amount of resources are being invested in developing highly sophisticated weapon accessories like weapon sights, night vision devices, aiming lasers, laser rangefinders, and fire control systems.

The Asia-Pacific, Latin American, and African regions will prove to be emerging markets for the light weapons industry. Countries such as China, Argentina, Mexico, and Saudi Arabia, will show reliable levels of growth.

Alliant Techsystems Inc. (U.S.), Lockheed Martine (U.S.), Raytheon (U.S.), and General Dynamics (U.S.), will be the market leaders that occupy a significant market share for light weapons.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Trend Analysis

5 Market Size And Forecast

6 Geographic Analysis Of Light Weapons Market

7 Competitive Landscape

8 Company Profile

Companies Mentioned:

• Alliant Techsystems Inc.
• Bae Systems
• Cockerill Maintenance & Ingénierie
• Fn Herstal
• General Dynamics Ordnance And Tactical Systems
• Heckler & Koch
• Lockheed Martin
• Raytheon Company
• Rheinmetall Ag
• Saab Ab
• Thales Group
• Zaklady Mechaniczne Tarnów

For more information visit http://www.researchandmarkets.com/research/dzdwcs/light_weapons

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net