| Product Code: ETC4555893 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Bangladesh shoulder-fired weapons market is characterized by a growing demand for portable anti-tank missiles, man-portable air defense systems (MANPADS), and rocket-propelled grenade launchers. The country`s defense modernization efforts, coupled with the need to enhance its military capabilities, are driving the procurement of advanced shoulder-fired weapons systems. Key players in the market include international defense contractors such as MBDA, Raytheon Company, and Saab AB, who are actively supplying these systems to the Bangladesh Armed Forces. Additionally, indigenous production capabilities are being developed to reduce dependence on foreign suppliers and strengthen the country`s defense industry. The market is expected to witness steady growth in the coming years as Bangladesh continues to invest in upgrading its military equipment to address evolving security challenges and threats in the region.
The Bangladesh Shoulder Fired Weapons Market is experiencing growth due to increasing security concerns and modernization efforts by the country`s military. The market is witnessing a trend towards the acquisition of advanced anti-tank guided missile systems, man-portable air defense systems, and shoulder-launched rocket systems to enhance defense capabilities. Opportunities exist for international defense manufacturers to partner with local companies or directly supply these weapons to meet the growing demand. Additionally, there is a focus on enhancing indigenous manufacturing capabilities to reduce dependence on imports and strengthen the domestic defense industry. Overall, the Bangladesh Shoulder Fired Weapons Market presents opportunities for collaboration, technological advancements, and strategic partnerships in line with the country`s defense modernization efforts.
The Bangladesh Shoulder Fired Weapons Market faces challenges primarily related to security concerns and regulatory issues. The proliferation of illegal arms trafficking, including shoulder-fired weapons, poses a significant threat to public safety and national security. Additionally, the lack of stringent regulations and enforcement mechanisms can lead to the misuse and unauthorized use of these weapons by non-state actors. Inadequate training and maintenance facilities for these weapons also hinder their effective utilization by the armed forces, further exacerbating security challenges. Addressing these issues requires comprehensive measures to enhance arms control policies, strengthen border security, and improve monitoring and enforcement mechanisms to prevent illicit trafficking and misuse of shoulder-fired weapons in Bangladesh.
The Bangladesh Shoulder Fired Weapons Market is primarily driven by the increasing focus on enhancing military capabilities and modernizing defense systems to address evolving security threats. The country`s ongoing efforts to strengthen its defense capabilities, counter terrorism activities, and enhance border security are key factors fueling the demand for shoulder-fired weapons. Additionally, rising geopolitical tensions, territorial disputes, and the need for effective anti-tank and anti-aircraft capabilities are driving the procurement of advanced shoulder-fired weapons in Bangladesh. Furthermore, technological advancements in weapon systems, such as precision-guided munitions and improved targeting systems, are also contributing to the growth of the shoulder-fired weapons market in the country.
The government of Bangladesh strictly regulates the possession and sale of shoulder-fired weapons in the country. The import, export, and sale of such weapons are tightly controlled and require specific licenses from the relevant authorities. The government has implemented laws and regulations to prevent the illegal trafficking and misuse of shoulder-fired weapons, with penalties for violations being severe. Additionally, the government works closely with international agencies to monitor and curb the flow of illicit weapons into the country. Overall, the policies surrounding the Bangladesh Shoulder Fired Weapons Market aim to maintain security and prevent the proliferation of these weapons among unauthorized individuals or groups.
The Bangladesh Shoulder Fired Weapons Market is expected to experience steady growth in the coming years due to increasing defense spending and the country`s focus on modernizing its armed forces. The market is likely to be driven by the need for advanced anti-tank and anti-aircraft capabilities to enhance national security and combat evolving security threats. Additionally, ongoing geopolitical tensions in the region are expected to further boost the demand for shoulder-fired weapons in Bangladesh. With a strong emphasis on strengthening its defense capabilities, the government is likely to invest in acquiring advanced shoulder-fired weapons systems, creating opportunities for both domestic and international manufacturers in the market. Overall, the future outlook for the Bangladesh Shoulder Fired Weapons Market appears promising with sustained growth prospects.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Shoulder Fired Weapons Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Shoulder Fired Weapons Market - Industry Life Cycle |
3.4 Bangladesh Shoulder Fired Weapons Market - Porter's Five Forces |
3.5 Bangladesh Shoulder Fired Weapons Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Bangladesh Shoulder Fired Weapons Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bangladesh Shoulder Fired Weapons Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Bangladesh Shoulder Fired Weapons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget of Bangladesh government |
4.2.2 Rising threat perception leading to demand for advanced shoulder-fired weapons |
4.2.3 Modernization and upgrade programs of the Bangladesh Armed Forces |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms export and import |
4.3.2 Competition from other defense equipment manufacturers |
4.3.3 Technological limitations in manufacturing advanced shoulder-fired weapons |
5 Bangladesh Shoulder Fired Weapons Market Trends |
6 Bangladesh Shoulder Fired Weapons Market, By Types |
6.1 Bangladesh Shoulder Fired Weapons Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Launcher, 2021 - 2031F |
6.1.4 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Ammunition, 2021 - 2031F |
6.2 Bangladesh Shoulder Fired Weapons Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Guided, 2021 - 2031F |
6.2.3 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Unguided, 2021 - 2031F |
6.3 Bangladesh Shoulder Fired Weapons Market, By Range |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Short range, 2021 - 2031F |
6.3.3 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Medium Range, 2021 - 2031F |
6.3.4 Bangladesh Shoulder Fired Weapons Market Revenues & Volume, By Extended Range, 2021 - 2031F |
7 Bangladesh Shoulder Fired Weapons Market Import-Export Trade Statistics |
7.1 Bangladesh Shoulder Fired Weapons Market Export to Major Countries |
7.2 Bangladesh Shoulder Fired Weapons Market Imports from Major Countries |
8 Bangladesh Shoulder Fired Weapons Market Key Performance Indicators |
8.1 Number of defense contracts awarded for shoulder-fired weapons |
8.2 Research and development investment in next-generation shoulder-fired weapons technology |
8.3 Training programs for the effective use of shoulder-fired weapons by the armed forces |
9 Bangladesh Shoulder Fired Weapons Market - Opportunity Assessment |
9.1 Bangladesh Shoulder Fired Weapons Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Bangladesh Shoulder Fired Weapons Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bangladesh Shoulder Fired Weapons Market Opportunity Assessment, By Range, 2021 & 2031F |
10 Bangladesh Shoulder Fired Weapons Market - Competitive Landscape |
10.1 Bangladesh Shoulder Fired Weapons Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Shoulder Fired Weapons Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |