PUBLISHER: SkyQuest | PRODUCT CODE: 1902784
PUBLISHER: SkyQuest | PRODUCT CODE: 1902784
Global Shoulder Fired Weapons Market size was valued at USD 7.53 Billion in 2024 and is poised to grow from USD 7.87 Billion in 2025 to USD 11.2 Billion by 2033, growing at a CAGR of 4.5% during the forecast period (2026-2033).
The shoulder-fired weapons market is experiencing robust growth driven by rising military budgets across both developed and emerging economies. There is a growing demand for lightweight guided systems, particularly man-portable anti-tank and air defense systems, which offer military forces enhanced operational flexibility without the burden of heavy weaponry. This trend is further fueled by the increasing deployment of advanced armored vehicles, creating a demand for sophisticated shoulder-fired solutions to counter emerging threats. Additionally, the shift towards these modern weapons over traditional arms is gaining momentum due to their cost-effectiveness and strategic advantages. Collectively, these dynamics highlight the critical importance of shoulder-fired weapons in meeting the evolving demands of contemporary military engagements and conflict scenarios.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Shoulder Fired Weapons market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Shoulder Fired Weapons Market Segments Analysis
Global Shoulder Fired Weapons Market is segmented by Assembly Type, Technology, Range, Application and region. Based on Assembly Type, the market is segmented into Projectile and Launcher. Based on Technology, the market is segmented into Guided and Unguided. Based on Range, the market is segmented into Short, Medium and Long. Based on Application, the market is segmented into Defense, Home Security and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Shoulder Fired Weapons Market
The global market for shoulder-fired weapons is significantly driven by the increased deployment of man-portable anti-tank systems and man-portable air defense systems. These weapons provide military forces with greater engagement flexibility while minimizing concerns related to strike accuracy and weight. As advanced armored vehicles become more common in modern warfare, many nations recognize the importance of integrating these systems to address evolving threats. Features such as ultraviolet sensors for radiation detection and infrared sensors for heat detection enhance the effectiveness of contemporary shoulder-fired systems. These technological advancements improve precision, efficiency, and adaptability in various operational environments, strengthening military defense against aerial and armored adversaries.
Restraints in the Global Shoulder Fired Weapons Market
Restrictive international and national regulations significantly influence the global shoulder-fired weapons market by overseeing their export, import, and usage. These regulations aim to curb the spread of these weapons, reduce the likelihood of them being acquired by unauthorized parties, and ensure adherence to international arms control agreements. Such export restrictions can severely limit manufacturers' market access and sales opportunities. Furthermore, the trade of shoulder-fired weapons is governed by numerous arms control treaties and agreements intended to regulate and monitor the transfer of conventional arms, thereby constraining market dynamics and impacting industry growth.
Market Trends of the Global Shoulder Fired Weapons Market
The Global Shoulder Fired Weapons market is currently characterized by a vibrant landscape of consolidation as companies pursue mergers and acquisitions to strengthen their foothold and expand their product offerings. This trend is particularly evident in numerous regions where small and medium-sized vendors are collaborating to enhance market competitiveness. The strategic alliances are aimed at not only improving operational efficiencies but also in broadening geographical reach. As firms integrate diverse technological capabilities, there is an increased focus on advancing the development of sophisticated weaponry, including grenade launchers and rifles, which is set to further invigorate market dynamics and innovation.