Global Shoulder-Fired Weapons Market 2024-2028
The shoulder-fired weapons market is forecasted to grow by USD 4379.5 mn during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the shoulder-fired weapons market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for new generation anti-armor and anti-aircraft protection, counter-terrorism encouraging new procurement, and design upgradation boosting market prospects.
Technavio's shoulder-fired weapons market is segmented as below:
By Technology
By Product
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the development of recoilless artillery as one of the prime reasons driving the shoulder-fired weapons market growth during the next few years. Also, growth in battlefield digitization and emergence of multi-featured systems will lead to sizable demand in the market.
The report on the shoulder-fired weapons market covers the following areas:
- Shoulder-fired weapons market sizing
- Shoulder-fired weapons market forecast
- Shoulder-fired weapons market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading shoulder-fired weapons market vendors that include AirTronic USA LLC, BAE Systems PLC, Bharat Dynamics Ltd., NORINCOGROUP.com Inc., General Dynamics Corp., KBP Instrument Design Bureau, KONSTRUKTORSKOYE BYURO MASHYNOSTROYENIYA, LIG Nex1Co. Ltd, Lockheed Martin Corp., Machinery and Chemical Industry Inc., MBDA, Nammo AS, Rafael Advanced Defense Systems Ltd., RTX Corp., Rheinmetall AG, Roketsan AS, Saab AB, SIATT, and Thales Group. Also, the shoulder-fired weapons market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.