Global Shoulder Fired Weapons Market Size study & Forecast, by Component, Technology, Range and Regional Forecasts 2025-2035

Description

Global Shoulder Fired Weapons Market is valued approximately at USD 8.12 billion in 2024 and is anticipated to grow with a compound annual growth rate of more than 4.72% over the forecast period 2025-2035. Shoulder fired weapons, also known as man-portable air-defense systems (MANPADS) or anti-tank guided missiles (ATGMs), are gaining substantial traction amid evolving asymmetric warfare tactics and intensified battlefield mobility requirements. These compact, easily deployable systems offer military forces the tactical edge to engage aerial and armored threats with precision, without the logistical footprint of heavier artillery. As global defense landscapes transform to counter insurgent threats and regional conflicts, the emphasis on lightweight, multi-domain defense solutions is propelling the adoption of shoulder fired weapons across both developed and emerging economies.

Increased investments in modernization programs, rising cross-border tensions, and the global proliferation of lightweight, high-lethality systems have all converged to stimulate this market's growth. Militaries are actively acquiring guided missile variants that integrate advanced seeker technologies and enhanced target tracking to counter drones, helicopters, and tanks. Meanwhile, unguided RPGs and launchers continue to find favor in urban warfare and guerrilla combat scenarios. The growth is further bolstered by technological innovations in propulsion systems, fire-and-forget capability, and extended range designs that are reshaping battlefield engagement paradigms. However, stringent international arms trade regulations, potential misuse by non-state actors, and the vulnerability of operators in high-risk zones pose serious constraints to market scalability.

Regionally, North America dominates the shoulder fired weapons market, backed by strong procurement budgets, continuous technology enhancements, and strategic deployments across NATO-aligned missions. The U.S. Army's ongoing contracts for anti-tank guided missile systems and man-portable launchers reaffirm the region's commitment to modernizing infantry capabilities. Europe follows closely with coordinated initiatives across France, Germany, and the UK for portable defense systems amid growing concerns around regional stability and Russian hostilities. In the Asia Pacific, rapid militarization in India, China, and South Korea, coupled with cross-border tensions and counterinsurgency operations, is spurring robust demand for agile ground-combat solutions. Latin America and the Middle East are also increasing procurement, primarily for border security, peacekeeping, and counterterrorism applications.

Major market player included in this report are:

Saab AB
Lockheed Martin Corporation
Raytheon Technologies Corporation
MBDA Inc.
Rafael Advanced Defense Systems Ltd.
Thales Group
Northrop Grumman Corporation
BAE Systems plc
General Dynamics Corporation
Bharat Dynamics Limited
Nammo AS
Leonardo S.p.A.
Elbit Systems Ltd.
L3Harris Technologies, Inc.
Denel SOC Ltd.

Global Shoulder Fired Weapons Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Component:

Launcher
Ammunition

By Technology:

Guided
Unguided

By Range:

Short Range (>1 Km)
Medium Range (1km-<=5km)
Extended Range (>5km)

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Shoulder Fired Weapons Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top-Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumptions
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Shoulder Fired Weapons Market Forces Analysis

3.1. Market Forces Shaping the Global Shoulder Fired Weapons Market 2024-2035
3.2. Drivers
- 3.2.1. Evolving Asymmetric Warfare Tactics
- 3.2.2. Increased Modernization Investments
- 3.2.3. Proliferation of Lightweight, High-Lethality Systems
3.3. Restraints
- 3.3.1. Stringent International Arms-Trade Regulations
- 3.3.2. Misuse by Non-State Actors
- 3.3.3. Operator Vulnerability in High-Risk Zones
3.4. Opportunities
- 3.4.1. Adoption of Autonomous Countermeasure Systems
- 3.4.2. Extended-Range Design Innovations
- 3.4.3. Expansion in Emerging Defense Markets

Chapter 4. Global Shoulder Fired Weapons Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Buyers
- 4.1.2. Bargaining Power of Suppliers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's Five Forces Forecast Model 2024-2035
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies 2025
4.6. Market Share Analysis 2024-2025
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendations & Conclusion

Chapter 5. Global Shoulder Fired Weapons Market Size & Forecasts by Component (2025-2035)

5.1. Market Overview
5.2. Launcher
- 5.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.2.2. Market Size Analysis, by Region, 2025-2035
5.3. Ammunition
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Shoulder Fired Weapons Market Size & Forecasts by Technology (2025-2035)

6.1. Market Overview
6.2. Guided
- 6.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.2.2. Market Size Analysis, by Region, 2025-2035
6.3. Unguided
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Shoulder Fired Weapons Market Size & Forecasts by Range (2025-2035)

7.1. Market Overview
7.2. Short Range (>1 Km)
- 7.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.2.2. Market Size Analysis, by Region, 2025-2035
7.3. Medium Range (1 km-<=5 km)
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market Size Analysis, by Region, 2025-2035
7.4. Extended Range (>5 km)
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market Size Analysis, by Region, 2025-2035

Chapter 8. Global Shoulder Fired Weapons Market Size & Forecasts by Region (2025-2035)

8.1. Regional Market Snapshot
8.2. North America
- 8.2.1. U.S.
  - 8.2.1.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.2.1.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.2.2. Canada
  - 8.2.2.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.2.2.2. Technology Breakdown Size & Forecasts, 2025-2035
8.3. Europe
- 8.3.1. UK
  - 8.3.1.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.3.1.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.3.2. Germany
  - 8.3.2.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.3.2.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.3.3. France
  - 8.3.3.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.3.3.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.3.4. Spain
  - 8.3.4.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.3.4.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.3.5. Italy
  - 8.3.5.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.3.5.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.3.6. Rest of Europe
  - 8.3.6.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.3.6.2. Technology Breakdown Size & Forecasts, 2025-2035
8.4. Asia Pacific
- 8.4.1. China
  - 8.4.1.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.4.1.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.4.2. India
  - 8.4.2.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.4.2.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.4.3. Japan
  - 8.4.3.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.4.3.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.4.4. Australia
  - 8.4.4.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.4.4.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.4.5. South Korea
  - 8.4.5.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.4.5.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.4.6. Rest of Asia Pacific
  - 8.4.6.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.4.6.2. Technology Breakdown Size & Forecasts, 2025-2035
8.5. Latin America
- 8.5.1. Brazil
  - 8.5.1.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.5.1.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.5.2. Mexico
  - 8.5.2.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.5.2.2. Technology Breakdown Size & Forecasts, 2025-2035
8.6. Middle East & Africa
- 8.6.1. UAE
  - 8.6.1.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.6.1.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.6.2. Saudi Arabia
  - 8.6.2.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.6.2.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.6.3. South Africa
  - 8.6.3.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.6.3.2. Technology Breakdown Size & Forecasts, 2025-2035
- 8.6.4. Rest of Middle East & Africa
  - 8.6.4.1. Component Breakdown Size & Forecasts, 2025-2035
  - 8.6.4.2. Technology Breakdown Size & Forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Saab AB
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. Lockheed Martin Corporation
9.4. Raytheon Technologies Corporation
9.5. MBDA Inc.
9.6. Rafael Advanced Defense Systems Ltd.
9.7. Thales Group
9.8. Northrop Grumman Corporation
9.9. BAE Systems plc
9.10. General Dynamics Corporation
9.11. Bharat Dynamics Limited
9.12. Nammo AS
9.13. Leonardo S.p.A.
9.14. Elbit Systems Ltd.
9.15. L3Harris Technologies, Inc.
9.16. Denel SOC Ltd.