Report ID: SQMIG20A2160
Report ID:
SQMIG20A2160 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
63 |
Figures:
76
North America is the largest market for light weapons, followed by Europe and Asia Pacific. North America is expected to remain the largest market during the forecast period, due to the presence of a large number of defense and homeland security organizations in the region. These organizations are constantly upgrading their weapons systems to meet the evolving threats.
Asia Pacific is the fastest growing market for light weapons and is expected to grow at the fastest rate during the forecast period. The growth of the Asian market is being driven by the increasing defense spending of countries in the region, such as China, India, and Japan. These countries are modernizing their weapons systems to meet the growing threats from neighboring countries and terrorist groups.
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Report ID: SQMIG20A2160