Anti-Tank Missile System Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Man-Portable, Vehicle-Mounted), By Application (Homeland, Defense), By Platform (Land, Aerial), By Region, Competition, 2020-2030F

Description

The Global Anti-Tank Missile System Market, valued at USD 8.40 Billion in 2024, is projected to experience a CAGR of 6.78% to reach USD 12.45 Billion by 2030. Anti-tank missile systems are guided munitions primarily designed to identify, engage, and neutralize heavily armored ground vehicles such as tanks and infantry fighting vehicles. The market for these critical defense assets is significantly propelled by several key drivers, including escalating geopolitical tensions and regional conflicts globally, which necessitate enhanced defensive and offensive capabilities. Furthermore, ongoing military modernization initiatives by nations worldwide, focused on upgrading and expanding their arsenals, consistently fuel demand for advanced anti-tank solutions.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 8.40 Billion
Market Size 2030	USD 12.45 Billion
CAGR 2025-2030	6.78%
Fastest Growing Segment	Man-Portable Type
Largest Market	North America

Key Market Drivers

The Global Anti-Tank Missile System Market is significantly shaped by escalating geopolitical tensions and regional conflicts. These unstable environments drive immediate and substantial demand for advanced anti-armor capabilities, as nations seek to bolster their defensive and offensive postures against evolving threats. For instance, according to Lockheed Martin, in August 2024, the U. S. Army awarded the Javelin Joint Venture a $1.3 billion follow-on contract for Javelin missiles and associated equipment, which included more than 4,000 Javelins specifically to replenish rounds sent to Ukraine.

Key Market Challenges

The inherently high cost associated with the research, development, and procurement of advanced anti-tank missile systems represents a significant impediment to market expansion. These substantial financial outlays directly limit the scale of acquisition for many nations, particularly those with more constrained defense budgets. The extensive investment required for advanced capabilities means that even well-resourced militaries must carefully prioritize procurement, often extending refresh cycles or opting for upgrades to existing inventories rather than new system purchases. This dynamic directly slows the overall growth trajectory of the market.

Key Market Trends

The Global Anti-Tank Missile System Market is observing significant shifts driven by evolving operational requirements. Miniaturization and enhanced portability for infantry use represent a primary trend, enabling individual soldiers to carry and operate anti-tank systems with greater ease and tactical flexibility. This focus on reducing the size and weight of missile systems decreases the logistical burden on ground forces, facilitating quicker deployment in diverse combat environments and supporting dispersed infantry operations.

Key Market Players

Raytheon
Lockheed Martin
MBDA
Rafael
Saab
Roketsan
BAE Systems
Denel
NORINCO
KBP

Report Scope:

In this report, the Global Anti-Tank Missile System Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Anti-Tank Missile System Market, By Type:

Man-Portable
Vehicle-Mounted

Anti-Tank Missile System Market, By Application:

Homeland
Defense

Anti-Tank Missile System Market, By Platform:

Land
Aerial

Anti-Tank Missile System Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Anti-Tank Missile System Market.

Available Customizations:

Global Anti-Tank Missile System Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Anti-Tank Missile System Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Man-Portable, Vehicle-Mounted)
- 5.2.2. By Application (Homeland, Defense)
- 5.2.3. By Platform (Land, Aerial)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Anti-Tank Missile System Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By Platform
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Anti-Tank Missile System Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By Platform
- 6.3.2. Canada Anti-Tank Missile System Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By Platform
- 6.3.3. Mexico Anti-Tank Missile System Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By Platform

7. Europe Anti-Tank Missile System Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By Platform
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Anti-Tank Missile System Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By Platform
- 7.3.2. France Anti-Tank Missile System Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By Platform
- 7.3.3. United Kingdom Anti-Tank Missile System Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By Platform
- 7.3.4. Italy Anti-Tank Missile System Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By Platform
- 7.3.5. Spain Anti-Tank Missile System Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By Platform

8. Asia Pacific Anti-Tank Missile System Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By Platform
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Anti-Tank Missile System Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By Platform
- 8.3.2. India Anti-Tank Missile System Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By Platform
- 8.3.3. Japan Anti-Tank Missile System Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By Platform
- 8.3.4. South Korea Anti-Tank Missile System Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By Platform
- 8.3.5. Australia Anti-Tank Missile System Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By Platform

9. Middle East & Africa Anti-Tank Missile System Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
- 9.2.3. By Platform
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Anti-Tank Missile System Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By Platform
- 9.3.2. UAE Anti-Tank Missile System Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By Platform
- 9.3.3. South Africa Anti-Tank Missile System Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Application
    - 9.3.3.2.3. By Platform

10. South America Anti-Tank Missile System Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Application
- 10.2.3. By Platform
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Anti-Tank Missile System Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By Platform
- 10.3.2. Colombia Anti-Tank Missile System Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By Platform
- 10.3.3. Argentina Anti-Tank Missile System Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By Platform

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Anti-Tank Missile System Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Raytheon
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Lockheed Martin
15.3. MBDA
15.4. Rafael
15.5. Saab
15.6. Roketsan
15.7. BAE Systems
15.8. Denel
15.9. NORINCO
15.10. KBP