Shoulder-Fired Weapons Market Size, Share, Forecast to 2033
Introduction:
The Global Shoulder-Fired Weapons Market focuses on portable, lightweight weapons designed for single-user use, including rocket launchers, anti-tank guided missiles, and man-portable air-defense systems (MANPADS). These systems are primarily associated with defense applications because of their portability and operational effectiveness.
Rising security concerns, modernization of armed forces, technological advancements, geopolitical tensions, and cross-border conflicts are supporting market growth. The cost-effectiveness and operational flexibility of shoulder-fired weapons compared with larger systems are also contributing to market demand.
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Global Shoulder-Fired Weapons Market Insights
- Based on Decisions Advisors findings, the Global Shoulder-Fired Weapons Market was valued at approximately USD 6.77 Billion in 2023 and is projected to reach USD 10.85 Billion by 2033.
- From 2023 to 2033, the global market is expected to grow at a CAGR of 4.83%.
- Shoulder-fired weapons include portable systems such as rocket launchers, anti-tank guided missiles, and man-portable air-defense systems.
- Rising security concerns, modernization of armed forces, technological advancements, geopolitical tensions, and increased use in asymmetric warfare are supporting market expansion.
Other Key Findings
- The report provides revenue forecasts at global, regional, and country levels from 2023 to 2033.
- The market is segmented by technology into Guided and Unguided.
- By range, the market is segmented into Short, Medium, and Long.
- By assembly type, the market is segmented into Projectile and Launcher.
Report Summary
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Report Scope |
Details |
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Base Year for Study |
2024 |
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Study Period |
2021–2035 |
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Historical Period |
2021–2024 |
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Forecast Period |
2025–2035 |
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Market Size In 2024 |
USD 6.77 Billion |
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Market Size In 2035 |
USD 10.85 Billion |
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Largest segment |
Guided |
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Units |
Revenue in USD Billion |
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CAGR |
4.83% (2025–2035) |
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Segmentation Covered |
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By Technology |
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By Range |
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By Assembly Type |
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By Application |
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Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
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Companies |
Airtronic Usa LLC, Barrett, Lockheed Martin Corporation, MBDA, Nammo AS, Rafael Advanced Defense Systems Ltd, Raytheon Technologies Corporation |
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