Shoulder-Fired Weapons Market Size, Share and Demand 2025-2033
- Jan 27, 2025
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IMARC Group’s report titled “Shoulder-Fired Weapons Market Report by Technology (Guided, Unguided), Range (Short, Medium, Long), Assembly Type (Projectile, Launcher), Application (Defense, Home Security, and Others), and Region 2025-2033”, Offers a comprehensive analysis of the industry, which comprises insights on the global shoulder-fired weapons market share. The global market size reached USD 7.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.2 Billion by 2033, exhibiting a growth rate (CAGR) of 4.87% during 2025-2033.
Factors Affecting the Growth of the Shoulder-Fired Weapons Industry:
- Rising Tensions and Bigger Defense Budgets:
The market for shoulder-fired weapons, like anti-tank missiles and portable air defense systems, is growing fast. Why? Because many countries are worried about security. Conflicts, terrorism, and military upgrades are pushing nations to spend more on defense. These weapons are popular because soldiers can carry them easily, and they work well against tanks and planes. Governments are spending a lot of money to make these weapons better, with advanced targeting systems and longer ranges. Plus, countries that work together in military alliances are buying the same kinds of weapons so they can fight side by side. As tensions grow worldwide, more of these weapons will be made and used.
- Better Technology Making Weapons Smarter:
New technology is making shoulder-fired weapons lighter, stronger, and more accurate. Companies are adding smart features like sensors, improved aiming systems, and better guidance to hit targets with more precision. Some weapons can even handle different kinds of targets, like tanks and aircraft, making them super useful in battles. Scientists are also looking at ways to use artificial intelligence to make these weapons even smarter. With all these cool upgrades, the companies making these weapons are getting ahead, and soldiers are getting better tools to win battles.
- More Buyers, New Markets:
Shoulder-fired weapons are becoming popular in new places. Some smaller countries in Asia, Africa, and Latin America are buying these weapons to make their armies stronger. These countries like them because they’re affordable and don’t need a lot of extra equipment to use. Unfortunately, some of these weapons are also ending up in the hands of rebel groups and militias, changing how fights happen in some areas. As more people and countries look for strong, easy-to-use weapons, this market will keep growing.
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Leading Companies Operating in the Global Shoulder-Fired Weapons Industry:
- Airtronic Usa LLC
- Barrett
- Lockheed Martin Corporation
- MBDA
- Nammo AS
- Rafael Advanced Defense Systems Ltd
- Raytheon Technologies Corporation
- Roketsen
- Saab AB
Shoulder-Fired Weapons Market Report Segmentation:
Breakup by Technology:
- Guided
- Unguided
Breakup by Range:
- Short
- Medium
- Long
Breakup by Assembly Type:
- Projectile
- Launcher
Breakup by Application:
- Defense
- Home Security
- Others
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Shoulder-Fired Weapons Market Trends:
In 2024, expect some exciting changes in shoulder-fired weapons. One big idea is modularity, which means weapons can be adjusted or upgraded for different missions. This makes them more useful in different situations. Another trend is better training for soldiers. Virtual reality and simulations will help troops practice with these weapons in a safe and realistic way. This will make them better prepared for real battles. There’s also talk about rules for selling these weapons to keep things safe and fair. As these ideas grow, the shoulder-fired weapons market will get even bigger, with smarter, more adaptable tools for modern wars.
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About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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