PUBLISHER: The Business Research Company | PRODUCT CODE: 1927952
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927952
Grenade launchers are firearms or weapon attachments specifically designed to launch grenades with greater range and accuracy than by hand. These systems can be used as standalone weapons or mounted beneath the barrels of rifles. They enable soldiers to strike targets using explosive projectiles at medium distances, typically ranging from 30 to 400 meters, based on the model.
There are several primary types of grenade launchers, including single-shot launchers, multi-shot launchers, automatic grenade launchers, portable handheld variants, and vehicle-mounted versions. Single-shot models are intended to discharge a single round before manual reloading is necessary. Their mechanisms may be manual, semi-automatic, fully automatic, recoil-operated, or gas-operated, and they are commonly manufactured using materials such as composites, polymers, alloys, and specialty coatings for increased durability. Grenade launchers are utilized in a variety of applications including military engagements, law enforcement tasks, security duties, civilian or recreational activities, and training exercises.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on grenade launchers and related components have increased costs and slowed cross-border procurement, particularly affecting military, law enforcement, and security segments in north america, europe, and asia-pacific. While short-term adoption may be impacted, tariffs have incentivized local manufacturing, encouraged innovation in materials and designs, and strengthened domestic supply chains.
The grenade launchers market research report is one of a series of new reports from The Business Research Company that provides grenade launchers market statistics, including grenade launchers industry global market size, regional shares, competitors with a grenade launchers market share, detailed grenade launchers market segments, market trends and opportunities, and any further data you may need to thrive in the grenade launchers industry. This grenade launchers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The grenade launchers market size has grown strongly in recent years. It will grow from $1.83 billion in 2025 to $1.94 billion in 2026 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to adoption of single-shot and multi-shot launchers in military, use of grenade launchers in law enforcement operations, development of recoil and gas-operated mechanisms, demand for metal and polymer materials for durability, incorporation in military training exercises.
The grenade launchers market size is expected to see strong growth in the next few years. It will grow to $2.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to rising demand for automatic and vehicle-mounted grenade launchers, integration with remote weapon stations and turret systems, innovations in lightweight composite and alloy materials, expansion in security and counter-terrorism operations, development of multi-purpose and modular launcher systems. Major trends in the forecast period include enhanced accuracy and range of launchers, integration with tactical and combat systems, lightweight and portable launcher designs, improved durability with advanced materials, versatility for multiple ammunition types.
The growing demand for advanced weapon systems is expected to drive the growth of the grenade launchers market going forward. Advanced weapon systems refer to high-technology military tools and platforms developed to improve combat effectiveness through features such as precision, automation, stealth, and integrated systems. Demand for advanced weapon systems is rising as nations strive to maintain strategic military superiority and address evolving high-technology threats. Grenade launchers contribute to advanced weapon systems by delivering versatile and high-impact firepower with precision and adaptability for both infantry and vehicle-mounted operations across varied combat environments. For example, in February 2025, according to UK Defence and Security Exports, a UK-based government agency, the total value of UK defence export orders reached £14.5 ($17.01) billion in 2023, representing a nominal increase of £4.8 ($5.63) billion compared with 2022. Therefore, the increasing demand for advanced weapon systems is driving the growth of the grenade launchers market.
Major companies operating in the grenade launchers market are focusing on developing technologically advanced products, such as the 30mm semi-automatic grenade launcher, to enhance firepower, accuracy, and operational efficiency. A 30mm semi-automatic grenade launcher is a high-caliber weapon system that fires 30mm grenades in semi-automatic mode, offering enhanced firepower, accuracy, and rapid follow-up shots for modern combat operations. For instance, in October 2024, Barrett Firearms Manufacturing, a US-based manufacturing company, launched a Squad Support Rifle System (SSRS). This system delivers precise, rapid firepower using 30mm grenades, enabling quick reloading, improved mobility, and effective strikes on concealed or distant threats. Featuring a rifle-style layout and modern optics, it is easy to train with and adaptable to multiple battlefield conditions, significantly improving infantry combat performance.
In January 2024, Colt CZ Group SE, a Czech Republic-based supplier of firearms and ammunition for military and law enforcement use, personal defense, hunting, sport shooting, and other commercial applications, acquired the intellectual property rights to the Mk 47 automatic grenade launcher from General Dynamics Ordnance and Tactical Systems for an undisclosed amount. Through this acquisition, Colt CZ Group seeks to broaden its portfolio into larger and more advanced weapon systems and crew-served platforms, while strengthening its technological capabilities in sophisticated weaponry. General Dynamics Ordnance and Tactical Systems Inc. is a US-based provider of munitions, tactical systems, and advanced weapons technologies for military use.
Major companies operating in the grenade launchers market report are Norinco Group, General Dynamics Corporation, Rheinmetall AG, PT Pindad, FN Herstal, Heckler & Koch GmbH, Denel Land Systems, Rosoboronexport State Corporation, MILKOR (Pty) Ltd, Singapore Technologies Engineering Ltd, Saab AB, LMT Defense, Steyr Arms, Rippel Effect Weapon Systems Pty Ltd, REPKON Defence, ST Kinetics (ST Engineering division), Colt's Manufacturing Company LLC, Israel Weapon Industries IWI, Nammo AS, Ceska zbrojovka Group CZG
North America was the largest region in the grenade launchers market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the grenade launchers market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the grenade launchers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The grenade launchers market consists of sales of standalone grenade launchers, under-barrel grenade launchers, ammunition such as 40mm grenades, and related accessories and components. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Grenade Launchers Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses grenade launchers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for grenade launchers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The grenade launchers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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