Authored By: Sarah
11 Jul 2024

 Shoulder-Fired Weapons Market Size to grow by USD 4379.5 million between 2024-2028

According to a research report “ Shoulder-Fired Weapons Market” by Technology (Unguided, Guided) Product (Ammunition, Launcher) Geography (North America, APAC, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 4379.5 million, at a CAGR of  10.03% during the forecast period. The battlefield landscape has evolved, necessitating the enhancement and specialization of military weaponry. The US Army is focusing on enhancing short-range air defense (SHORAD) capabilities within brigade combat teams, in response to emerging threats from unmanned aerial systems (UASs), cruise missiles, and long-range rockets (LRRs). To address these threats, the US Army is prioritizing SHORAD and reactivating units for this core competency. The US Marine Corps are currently testing the new iteration of the M72 shoulder-fired rocket launcher, which, depending on the rocket type and configuration, is three pounds lighter than the M3E1 Carl Gustav recoilless rifle. This advancement underscores the ongoing efforts to modernize and adapt military arsenals to contemporary threats.

Browse market data tables, figures, and in-depth TOC on “Shoulder-Fired Weapons Market” by Technology (Unguided, Guided) Product (Ammunition, Launcher) Geography (North America, APAC, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample


By Technology, the Unguided segment is projected to dominate the market size in 2024

In the context of the shoulder-fired weapons market, the acquisition of a shoulder-fired weapon system necessitates the procurement of compatible ammunition to ensure its long-term, dependable functionality. The ammunition for shoulder-fired weapons encompasses both unguided rockets and guided missiles. Given the escalating adoption of shoulder-fired weapon platforms, the demand for ammunition has surged. To maintain their competitive edge, weapon systems are being continually upgraded, such as the Javelin's Block 1 missile upgrade, which integrated an enhanced rocket motor, improved command launch unit (CLU), and updated software, extending its effective range to 2,500 meters and expanding its target capabilities.

By Product, Ammunition  segment is expected to hold the largest market size for the year 2024

Unguided shoulder-fired weapons represent a category of weapons that necessitate human expertise for aiming and shooting a warhead, devoid of any guidance or optical imagery systems. These weapons are predominantly utilized in battlefield scenarios, primarily for short-distance engagements due to the precision limitations inherent in human factors. Their primary applications include the neutralization of armored vehicles and the incapacitation of specific threats, such as enemy personnel concealed within fortified structures like buildings. One notable example of unguided shoulder-fired weapons is the M136 AT4, which has gained significant prominence in military applications.

North America is forecasted to hold the largest market size by region in 2024

The Shoulder-Fired Weapons Market represents a significant business opportunity for manufacturers and suppliers. This market segment encompasses a diverse range of firearms, including rifles, shotguns, and machine guns, which are essential for various applications such as law enforcement, military, and hunting. Market growth is driven by factors like increasing global security concerns, technological advancements, and rising demand for efficient and accurate weapons. Businesses operating in this sector must stay abreast of regulatory compliance and maintain a strong focus on innovation to remain competitive.

The Shoulder-Fired Weapons Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AirTronic USA LLC
  • BAE Systems Plc
  • Bharat Dynamics Ltd.
  • Inc.
  • General Dynamics Corp.
  • KBP Instrument Design Bureau
  • 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
  • Thales Group

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Research Analysis Overview

Shoulder-fired weapons, also known as Man-Portable Air-Defense Systems (MANPADS) and Man-Portable Anti-Tank Systems (MANPATS), have become a critical component of modern warfare scenarios. These lightweight, guided weapons offer military forces and paramilitary groups the ability to engage targets with precision and effectiveness. The Shoulder-Fired Weapons Market is driven by the increasing demand for advanced defense capabilities against conventional arms such as rocket-propelled grenades and antitank weapons. Technology advancements in guidance systems have led to the development of fire-and-forget missiles, which offer greater accuracy and reduced operational risks. LAMEA (Middle East, Africa, Latin America) countries are significant consumers of shoulder-fired weapons due to ongoing conflicts and the need to strengthen defense capabilities. Military expenditures in these regions have been on the rise, with healthcare infrastructure and GDP taking a back seat. Advanced armored vehicles and antidefense systems have led to the development of shoulder-fixed weapons such as antivessel launchers and multipurpose warhead systems. Technology advancements have also led to negative demand, with antiaircraft and antitank weapons being used against civilian targets in some conflict zones. Notable shoulder-fired weapons include the Javelin antitank missile system and various MANPADS such as the Stinger and the SA-7. These weapons have been used extensively in various conflicts and have proven to be effective in various scenarios. Overall, the shoulder-fired weapons market is expected to continue growing due to the increasing need for defense capabilities in various conflict zones.

Market Research Overview

Shoulder-fired weapons, also known as Man-Portable Air Defense Systems (MANPADS) and Man-Portable Anti-Tank Systems (MANPATS), have witnessed significant development activities in recent years due to their application in offensive fighting vehicles and modern warfare scenarios. These weapons include Grenades, Rockets, and various types of Missiles, such as Fire-and-Forget missiles with Guidance systems like laser-guided and infrared seekers. The LAMEA (Latina America, Middle East, Africa) shoulder-fired weapons market is driven by military expenditures, defense contractors, and terrorist activities. The market comprises a wide range of ammunition, from unguided technology to advanced guided systems. The technology behind these weapons continues to evolve, with lightweight guided missiles and ammunition becoming increasingly popular. Military forces worldwide invest in these weapons to enhance their defense capabilities against advanced armored trucks and armored vehicles. The ammunition industry is a significant business, with contracts for hospital facilities and healthcare infrastructure also playing a role in military budgets. Negative demand for shoulder-fired weapons exists due to their potential misuse in terrorist activities. Weapons like Javelin, antivessel launchers, and rocket-propelled grenades are essential components of military arsenals, providing antiaircraft, antitank, and multipurpose warhead capabilities.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

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