Shoulder Fixed Weapons Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Shoulder Fixed Weapons Market
The shoulder fired weapons market size was valued at 5.3034 billion in 2020 to USD 13.27663 billion in 2032 at a CAGR of 6.00% during the forecast period of 2024-2032.
The COVID-19 pandemic disrupted the global defense deliver chain, delaying manufacturing and procurement of shoulder-constant guns due to lockdowns and group of workers shortages. Defense budgets had been temporarily reallocated to address healthcare desires, slowing down new contracts and projects. However, developing geopolitical tensions and army modernization programs maintained call for, offsetting pandemic-precipitated setbacks. Countries prioritized indigenous manufacturing to lessen dependency on imports, fostering neighborhood defense industries. While the pandemic induced initial disruptions, submit-pandemic recovery saw governments refocusing on safety investments, fueling consistent boom inside the shoulder-fixed weapons marketplace. Increased demand for transportable, unique, and technologically superior weaponry continues to power the arena forward.
A distinguished trend within the shoulder-constant guns marketplace is the mixing of advanced technologies, such as Artificial Intelligence (AI) and precision-guided structures. Modern shoulder-fired weapons now feature smart targeting systems and more suitable steerage mechanisms, improving accuracy and lowering collateral harm. These weapons are becoming extra lightweight, transportable, and user-friendly, permitting infantrymen to function them with minimal training. Additionally, improvements in fireplace-and-neglect missile structures, capable of self-steerage after launch, are increasingly adopted to enhance battlefield effectiveness. This technological shift aligns with the demand for cutting-edge, multi-position guns capable of addressing asymmetric conflict and evolving fight scenarios worldwide.
The primary riding factor inside the shoulder-fixed guns marketplace is the rising global security worries and navy modernization tasks. Increasing threats from terrorism, go-border conflicts, and insurgencies have forced countries to reinforce their defense abilities. Shoulder-fixed guns, such as anti-tank and anti-aircraft missile systems, offer mobility, precision, and fee-effectiveness, making them best for cutting-edge struggle eventualities. Emerging economies are considerably making an investment in upgrading their protection arsenals, even as developed international locations attention on advanced portable structures to counter dynamic threats. The versatility of these weapons for both offensive and defensive operations guarantees persisted adoption, propelling marketplace growth in the protection quarter.
Comprehensive Analysis of shoulder fired weapons market
The shoulder fired weapons market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated By component, by technology, by range. By Component included Launcher ,Ammunition. By Technology include Guided , Unguided. By Range include Short, Medium, Long.
The North America region lead the shoulder fired weapons market share by benefitting a market size of USD 2.258 billion The companies are focused on the advancement of the weapon system to increase its lethality. Companies are investing positively to expand their footprints through global strategic expansion.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
October 2020– The Indian Defense Research and Development Organisation (DRDO) completed the anti-tank missile system's final trial procedure. The missile tracking and engagement system are based on an infrared imaging seeker with a shoulder launch capability of around four kilometres. After this test, the missile will be successfully inducted into the Indian Army.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Million)
Segmentation By Component
Launcher
Missile/Rocket Launcher
RPG (Rocket Propelled Grenade) Launcher
Tripod
Ammunition
Anti-tank Missile
Anti-aircraft Missile
Rocket Propelled Grenade
By Technology
Guided
Infrared Homing
Laser-Guided
Semi-automatic Command line-of-sight
Unguided
By Range
Short
Medium
Long
By Geography
North America (By Component, Technology, Range and Country)
U.S. (By Component)
Canada (By Component)
Europe (By Component, Technology, Range and Country)
U.K. (By Component)
Germany (By Component)
France (By Component)
Russia (By Component)
Rest of Europe (By Component)
Asia-Pacific (By Component, Technology, Range and Country)
Japan (By Component)
China (By Component)
India (By Component)
Southeast Asia (By Component)
Rest of AsiaPacific (By Component)
Rest of World (By Component, Technology, Range and Country)
The Middle East& Africa (By Component)
Latin America (By Component)
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments –Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 5. Quantitative Insights-Impact of COVID-19 Pandemic on Global Shoulder Fired Weapons Market
- 5.1. Impact of COVID-19 Pandemic on the Global Shoulder Fired Weapons Market
- 5.2. Steps Taken by the Industry/Companies/Government to Overcome the Impact
- 5.3. Key Development in the Industry in Response to COVID-19 Impact
- 6. Global Shoulder Fired Weapons Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Components
- 6.2.1. Launcher
- 6.2.1.1. Missile/Rocket Launcher
- 6.2.1.2. RPG (Rocket Propelled Grenade) Launcher
- 6.2.1.3. Tripod
- 6.2.2. Ammunition
- 6.2.2.1. Anti-tank Missile
- 6.2.2.2. Anti-aircraft Missile
- 6.2.2.3. Rocket Propelled Grenade
- 6.3. Market Analysis, Insights and Forecast – By Technology
- 6.3.1. Guided
- 6.3.1.1. Infrared Homing
- 6.3.1.2. Laser Guided
- 6.3.1.3. Semi-automatic Command line-of-sight
- 6.3.2. Unguided
- 6.4. Market Analysis, Insights and Forecast – By Range
- 6.4.1. Short
- 6.4.2. Medium
- 6.4.3. Long
- 6.5. Market Analysis, Insights and Forecast – By Region
- 6.5.1. North America
- 6.5.2. Europe
- 6.5.3. Asia pacific
- 6.5.4. Rest of World
- 7. North America Shoulder Fired Weapons Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Components
- 7.2.1. Launcher
- 7.2.1.1. Missile/Rocket Launcher
- 7.2.1.2. RPG (Rocket Propelled Grenade) Launcher
- 7.2.1.3. Tripod
- 7.2.2. Ammunition
- 7.2.2.1. Anti-tank Missile
- 7.2.2.2. Anti-aircraft Missile
- 7.2.2.3. Rocket Propelled Grenade
- 7.3. Market Analysis, Insights and Forecast – By Technology
- 7.3.1. Guided
- 7.3.1.1. Infrared Homing
- 7.3.1.2. Laser Guided
- 7.3.1.3. Semi-automatic Command line-of-sight
- 7.3.2. Unguided
- 7.4. Market Analysis, Insights and Forecast – By Range
- 7.4.1. Short
- 7.4.2. Medium
- 7.4.3. Long
- 7.5. Market Analysis – By Country
- 7.5.1. The U.S.
- 7.5.2. Canada
- 8. Europe Shoulder Fired Weapons Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Components
- 8.2.1. Launcher
- 8.2.1.1. Missile/Rocket Launcher
- 8.2.1.2. RPG (Rocket Propelled Grenade) Launcher
- 8.2.1.3. Tripod
- 8.2.2. Ammunition
- 8.2.2.1. Anti-tank Missile
- 8.2.2.2. Anti-aircraft Missile
- 8.2.2.3. Rocket Propelled Grenade
- 8.3. Market Analysis, Insights and Forecast – By Technology
- 8.3.1. Guided
- 8.3.1.1. Infrared Homing
- 8.3.1.2. Laser Guided
- 8.3.1.3. Semi-automatic Command line-of-sight
- 8.3.2. Unguided
- 8.4. Market Analysis, Insights and Forecast – By Range
- 8.4.1. Short
- 8.4.2. Medium
- 8.4.3. Long
- 8.5. Market Analysis – By Country
- 8.5.1. Germany
- 8.5.2. France
- 8.5.3. Russia
- 8.5.4. The U.K.
- 8.5.5. Rest of Europe
- 9. Asia pacific Shoulder Fired Weapons Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Components
- 9.2.1. Launcher
- 9.2.1.1. Missile/Rocket Launcher
- 9.2.1.2. RPG (Rocket Propelled Grenade) Launcher
- 9.2.1.3. Tripod
- 9.2.2. Ammunition
- 9.2.2.1. Anti-tank Missile
- 9.2.2.2. Anti-aircraft Missile
- 9.2.2.3. Rocket Propelled Grenade
- 9.3. Market Analysis, Insights and Forecast – By Technology
- 9.3.1. Guided
- 9.3.1.1. Infrared Homing
- 9.3.1.2. Laser Guided
- 9.3.1.3. Semi-automatic Command line-of-sight
- 9.3.2. Unguided
- 9.4. Market Analysis, Insights and Forecast – By Range
- 9.4.1. Short
- 9.4.2. Medium
- 9.4.3. Long
- 9.5. Market Analysis – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. South East Asia
- 9.5.5. Rest of Asia-Pacific
- 10. Rest of World Shoulder Fired Weapons Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Components
- 10.2.1. Launcher
- 10.2.1.1. Missile/Rocket Launcher
- 10.2.1.2. RPG (Rocket Propelled Grenade) Launcher
- 10.2.1.3. Tripod
- 10.2.2. Ammunition
- 10.2.2.1. Anti-tank Missile
- 10.2.2.2. Anti-aircraft Missile
- 10.2.2.3. Rocket Propelled Grenade
- 10.3. Market Analysis, Insights and Forecast – By Technology
- 10.3.1. Guided
- 10.3.1.1. Infrared Homing
- 10.3.1.2. Laser Guided
- 10.3.1.3. Semi-automatic Command line-of-sight
- 10.3.2. Unguided
- 10.4. Market Analysis, Insights and Forecast – By Range
- 10.4.1. Short
- 10.4.2. Medium
- 10.4.3. Long
- 10.5. Market Analysis – By Region
- 10.5.1. Latin America
- 10.5.2. Middle East & Africa
- 11. Competitive Analysis
- 11.1. Key Industry Developments
- 11.2. Global Market Share Analysis (2019)
- 11.3. Competition Dashboard
- 11.4. Comparative Analysis – Major Players
- 11.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 11.5.1. Northrop Grumman Corp. (US)
- 11.5.1.1. Overview,
- 11.5.1.2. Products & services,
- 11.5.1.3. SWOT analysis,
- 11.5.1.4. Recent developments,
- 11.5.1.5. strategies,
- 11.5.1.6. financials (based on availability)
- 11.5.2. Raytheon Technologies Corp. (US)
- 11.5.2.1. Overview,
- 11.5.2.2. Products & services,
- 11.5.2.3. SWOT analysis,
- 11.5.2.4. Recent developments,
- 11.5.2.5. strategies,
- 11.5.2.6. financials (based on availability)
- 11.5.3. Lockheed Martin Corp. (US)
- 11.5.3.1. Overview,
- 11.5.3.2. Products & services,
- 11.5.3.3. SWOT analysis,
- 11.5.3.4. Recent developments,
- 11.5.3.5. strategies,
- 11.5.3.6. financials (based on availability)
- 11.5.4. Thales Group (France)
- 11.5.4.1. Overview,
- 11.5.4.2. Products & services,
- 11.5.4.3. SWOT analysis,
- 11.5.4.4. Recent developments,
- 11.5.4.5. strategies,
- 11.5.4.6. financials (based on availability)
- 11.5.5. Rafael Advanced Defense Systems Ltd. (Israel)
- 11.5.5.1. Overview,
- 11.5.5.2. Products & services,
- 11.5.5.3. SWOT analysis,
- 11.5.5.4. Recent developments,
- 11.5.5.5. strategies,
- 11.5.5.6. financials (based on availability)
- 11.5.6. MBDA (Germany)
- 11.5.6.1. Overview,
- 11.5.6.2. Products & services,
- 11.5.6.3. SWOT analysis,
- 11.5.6.4. Recent developments,
- 11.5.6.5. strategies,
- 11.5.6.6. financials (based on availability)
- 11.5.7. BAE Systems (UK)
- 11.5.7.1. Overview,
- 11.5.7.2. Products & services,
- 11.5.7.3. SWOT analysis,
- 11.5.7.4. Recent developments,
- 11.5.7.5. strategies,
- 11.5.7.6. financials (based on availability)
- 11.5.8. JSC SPA Bazalt (Russia)
- 11.5.8.1. Overview,
- 11.5.8.2. Products & services,
- 11.5.8.3. SWOT analysis,
- 11.5.8.4. Recent developments,
- 11.5.8.5. strategies,
- 11.5.8.6. financials (based on availability)
- 11.5.9. KBP Instrument Design Bureau (Russia)
- 11.5.9.1. Overview,
- 11.5.9.2. Products & services,
- 11.5.9.3. SWOT analysis,
- 11.5.9.4. Recent developments,
- 11.5.9.5. strategies,
- 11.5.9.6. financials (based on availability)
- 11.5.10. Raytheon Company (US)
- 11.5.10.1. Overview,
- 11.5.10.2. Products & services,
- 11.5.10.3. SWOT analysis,
- 11.5.10.4. Recent developments,
- 11.5.10.5. strategies,
- 11.5.10.6. financials (based on availability)
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