PUBLISHER: The Business Research Company | PRODUCT CODE: 1991728
PUBLISHER: The Business Research Company | PRODUCT CODE: 1991728
Man-portable anti-armor weapons encompass shoulder-fired military devices such as missiles, rifles, and grenades. These weapons offer troops the flexibility to transport them easily between locations, enabling the destruction of enemy battle tanks, aircraft, and other armored vehicles. They exhibit high efficacy in targeting both stationary and moving objectives.
The primary categories of man-portable anti-armor weapons include anti-aircraft missiles, rocket-propelled grenades, anti-tank rifles, and recoilless rifles. Anti-aircraft missiles (AAM) represent short-range ballistic missile systems that are both portable and specifically designed for the destruction of aerial targets. The technologies involved include guided and unguided weapons, serving various applications such as homeland security and defense.
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 have influenced the man-portable anti-armor weapons market by increasing the cost of imported guided and unguided shoulder-launched rockets, anti-tank rifles, and recoilless rifles, particularly impacting defense and homeland security segments in North America, Europe, and Asia-Pacific. While tariffs have slowed procurement and increased production costs, they have also encouraged local manufacturing, incentivized domestic R&D for advanced portable anti-armor systems, and created opportunities for innovation in cost-efficient and high-precision weapon designs.
The man-portable anti-armor weapons market research report is one of a series of new reports from The Business Research Company that provides man-portable anti-armor weapons market statistics, including man-portable anti-armor weapons industry global market size, regional shares, competitors with a man-portable anti-armor weapons market share, detailed man-portable anti-armor weapons market segments, market trends and opportunities, and any further data you may need to thrive in the man-portable anti-armor weapons industry. This man-portable anti-armor weapons 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 man-portable anti-armor weapons market size has grown strongly in recent years. It will grow from $6.24 billion in 2025 to $6.58 billion in 2026 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to rising deployment of shoulder-launched anti-tank weapons in asymmetric and conventional warfare, increased procurement of lightweight and portable systems enhancing troop mobility, growth in modernization programs replacing aging anti-armor weapon inventories, advancements in guidance and propulsion technologies improving accuracy and range, expanding demand for multi-target capability to counter both stationary and moving armored threats.
The man-portable anti-armor weapons market size is expected to see strong growth in the next few years. It will grow to $8.13 billion in 2030 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growing investment in next-generation anti-armor systems with advanced seeker and targeting technologies, increasing development of modular and reusable launch platforms for enhanced operational flexibility, expansion of infantry modernization initiatives driving procurement of portable high-performance weapons, rising integration of network-enabled targeting for improved battlefield coordination, development of lighter and higher-penetration warheads to counter evolving armored vehicle defenses. Major trends in the forecast period include enhanced anti-armor warhead technology, lightweight and portable weapon designs, improved target acquisition systems, extended operational range and accuracy, advanced training and simulation for troops.
The rise in defense budgets is anticipated to significantly drive the growth of the man-portable anti-armor weapons market. The defense budget represents the portion of the federal budget allocated to defense, covering personnel, training, medical expenses, and the maintenance and acquisition of weapons and equipment. An increase in defense budgets facilitates the implementation of expensive yet essential missile defense system technologies. For example, in April 2024, a report from the Stockholm International Peace Research Institute (SIPRI), a Sweden-based international research institute, revealed that global military spending reached $2.443 trillion in 2023, reflecting a 6.8% increase in real terms compared to 2022. Therefore, the growth in defense budgets is propelling the expansion of the man-portable anti-armor weapons market.
Major companies in the man-portable anti-armor weapons market are concentrating on launching new products, such as portable missile systems, to enhance their market presence. A portable missile system, also known as a man-portable air-defense weapon, is designed for use by individuals or small teams to target aircraft, helicopters, or ground vehicles. Its high mobility and rapid deployment capabilities make it effective in various combat scenarios. For example, in August 2024, the Defence Research and Development Organization (DRDO), an India-based military research and development agency, announced the successful test-firing of the indigenously developed Man-Portable Anti-Tank Guided Missile (MP-ATGM). The system weighs 14.5 kg, with an additional 14.25 kg for the command launch unit (CLU), making it highly portable. It features a high-explosive anti-tank (HEAT) warhead designed to destroy tanks and armored vehicles, with an operational range of 200 meters to 4 kilometers. The missile is equipped with advanced imaging infrared (IIR) sensors and avionics for precise top-attack targeting. Its cylindrical design measures 130 cm in length and 12 cm in diameter, and it is launched from a collapsible tripod and tube.
In January 2024, MBDA, a France-based manufacturer of anti-aircraft missiles, entered into a partnership with Saab AB. This collaboration aims to enhance the development of critical anti-tank and air defense capabilities for high-intensity conflicts. By focusing on the Akeron MP missile system, the companies intend to integrate advanced features, including beyond-line-of-sight firing, to address the needs of future battlefields. Saab AB is a Sweden-based aerospace and defense company.
Major companies operating in the man-portable anti-armor weapons market are Lockheed Martin Corporation, Bharat Dynamics Limited, General Dynamics Corporation, Saab AB, Raytheon Company, Thales Group, BAE Systems plc, MBDA Holdings SAS, Konstruktorskoye Byuro Mashynostroyeniya (KBM), Nammo AS, Rostec State Corporation, Elbit Systems Ltd., Rafael Advanced Defense Systems Ltd., Denel Dynamics, Northrop Grumman, HDT Global Inc., FLIR Systems Inc., Argon Electronics Ltd., Chemring Group plc, Rheinmetall AG, Jadara Equipment & Defence Systems, Roketsan Roket Sanayii ve Ticaret A.S., Luch Design Bureau
North America was the largest region in the man-portable anti-armor weapons market in 2025. Asia-Pacific is expected to be the fastest-growing region in the man-portable anti-armor weapons market report during the forecast period. The regions covered in the man-portable anti-armor weapons market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the man-portable anti-armor weapons market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The man-portable anti-armor weapons market consists of sales of shoulder-launched anti-tank rockets and javelin weapon system. 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.
Man-Portable Anti-Armor Weapons 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 man-portable anti-armor weapons 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 man-portable anti-armor weapons ? 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 man-portable anti-armor weapons 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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