Product Code: ETC13409003 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Shoulder Fired Weapons Market was valued at USD 4.8 Billion in 2024 and is expected to reach USD 7.45 Billion by 2031, growing at a compound annual growth rate of 7.10% during the forecast period (2025-2031).
The Global Shoulder Fired Weapons Market is expected to witness significant growth in the coming years, driven by increasing defense budgets, growing terrorist activities, and modernization of military equipment. Factors such as the rising demand for lightweight and portable anti-tank guided missiles, man-portable air defense systems, and recoilless rifles are driving the market expansion. Technological advancements, such as the development of advanced targeting systems and integration of smart technologies, are also contributing to market growth. Key players in the market are focusing on research and development activities to introduce innovative products with improved accuracy and efficiency. Geopolitical conflicts and territorial disputes across various regions further propel the demand for shoulder-fired weapons, indicating a promising outlook for the market.
The Global Shoulder Fired Weapons Market is experiencing significant growth due to increasing defense budgets, rising territorial conflicts, and advancements in technology leading to the development of more sophisticated and precise weapons. Key trends include the integration of smart technologies for enhanced accuracy and target acquisition, the adoption of lightweight materials for improved portability, and the increasing demand for anti-tank and anti-aircraft capabilities. Opportunities in the market lie in the growing focus on urban warfare, the need for modernization of military arsenals, and the rising demand for shoulder-fired weapons in emerging economies. Additionally, partnerships and collaborations between defense contractors and government agencies are expected to drive innovation and fuel market expansion in the coming years.
The Global Shoulder Fired Weapons Market faces various challenges, including stringent regulations surrounding the export and import of such weapons, the high cost of development and manufacturing, and the increasing complexity of defense systems requiring advanced technology and capabilities. Additionally, the proliferation of counterfeit and illegal weapons poses a threat to market stability and security. Moreover, changing geopolitical dynamics and shifting military strategies impact the demand for shoulder-fired weapons, making it challenging for manufacturers to forecast and meet the evolving needs of defense forces worldwide. Adapting to rapid advancements in technology, ensuring compliance with international trade laws, and addressing the risk of unauthorized use or transfer of these weapons are key challenges faced by stakeholders in the Global Shoulder Fired Weapons Market.
The Global Shoulder Fired Weapons Market is primarily driven by increasing defense budgets across various countries, growing geopolitical tensions, and the need for advanced anti-armor and anti-aircraft capabilities. The rising instances of asymmetric warfare and the focus on modernizing military equipment are also fueling the demand for shoulder-fired weapons. Additionally, advancements in technology, such as the development of lightweight and precision-guided systems, are further boosting market growth. The demand for portable and easy-to-use weapons for infantry units and special forces operations is another key factor driving the market. Overall, the increasing emphasis on enhancing defense capabilities and addressing evolving security threats are driving the growth of the Global Shoulder Fired Weapons Market.
Government policies related to the Global Shoulder Fired Weapons Market primarily focus on export controls, regulations, and licensing requirements to prevent the proliferation of these weapons to unauthorized users or countries. Many countries have strict guidelines governing the export of shoulder-fired weapons to ensure they are not used for illicit purposes or fall into the hands of terrorist organizations. These policies often require extensive background checks on buyers, end-user certificates, and adherence to international arms control agreements. Additionally, governments often impose restrictions on the sale and use of these weapons within their own borders to maintain public safety and national security. Compliance with these regulations is crucial for companies operating in the shoulder-fired weapons market to avoid legal ramifications and maintain a positive reputation in the global defense industry.
The Global Shoulder Fired Weapons Market is expected to witness steady growth in the coming years, driven by increasing defense budgets, ongoing military modernization programs, and the rising threat of asymmetric warfare. Technological advancements such as the development of lightweight and more accurate shoulder-fired weapons are also anticipated to boost market growth. Additionally, the growing demand for portable anti-tank and anti-aircraft weapons in emerging markets and the need for enhancing infantry capabilities in modern warfare scenarios are key factors contributing to the market`s positive outlook. However, stringent regulations on arms exports and the potential impact of geopolitical tensions on defense procurement decisions could pose challenges to market expansion. Overall, the Global Shoulder Fired Weapons Market is likely to experience moderate growth with opportunities for innovation and market expansion.
In the global shoulder-fired weapons market, Asia is expected to witness significant growth due to increasing defense spending in countries like China and India. North America is anticipated to hold a prominent market share, driven by the presence of major defense contractors and ongoing modernization programs. Europe is projected to show steady growth, driven by investments in advanced missile systems and anti-tank weapons. The Middle East and Africa region is likely to experience growth due to ongoing conflicts and security threats, leading to a higher demand for portable missile systems. Latin America is expected to see moderate growth, with countries like Brazil and Mexico investing in modernization of their armed forces and counter-insurgency capabilities.
Global Shoulder Fired Weapons Market |
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 Global Shoulder Fired Weapons Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Shoulder Fired Weapons Market Revenues & Volume, 2021 & 2031F |
3.3 Global Shoulder Fired Weapons Market - Industry Life Cycle |
3.4 Global Shoulder Fired Weapons Market - Porter's Five Forces |
3.5 Global Shoulder Fired Weapons Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Shoulder Fired Weapons Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Global Shoulder Fired Weapons Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Global Shoulder Fired Weapons Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Global Shoulder Fired Weapons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Shoulder Fired Weapons Market Trends |
6 Global Shoulder Fired Weapons Market, 2021 - 2031 |
6.1 Global Shoulder Fired Weapons Market, Revenues & Volume, By Component, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Shoulder Fired Weapons Market, Revenues & Volume, By Launcher, 2021 - 2031 |
6.1.3 Global Shoulder Fired Weapons Market, Revenues & Volume, By Ammunition, 2021 - 2031 |
6.2 Global Shoulder Fired Weapons Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Shoulder Fired Weapons Market, Revenues & Volume, By Guided, 2021 - 2031 |
6.2.3 Global Shoulder Fired Weapons Market, Revenues & Volume, By Unguided, 2021 - 2031 |
6.3 Global Shoulder Fired Weapons Market, Revenues & Volume, By Range, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Shoulder Fired Weapons Market, Revenues & Volume, By Short range, 2021 - 2031 |
6.3.3 Global Shoulder Fired Weapons Market, Revenues & Volume, By Medium Range, 2021 - 2031 |
6.3.4 Global Shoulder Fired Weapons Market, Revenues & Volume, By Extended Range, 2021 - 2031 |
7 North America Shoulder Fired Weapons Market, Overview & Analysis |
7.1 North America Shoulder Fired Weapons Market Revenues & Volume, 2021 - 2031 |
7.2 North America Shoulder Fired Weapons Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Shoulder Fired Weapons Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 North America Shoulder Fired Weapons Market, Revenues & Volume, By Technology, 2021 - 2031 |
7.5 North America Shoulder Fired Weapons Market, Revenues & Volume, By Range, 2021 - 2031 |
8 Latin America (LATAM) Shoulder Fired Weapons Market, Overview & Analysis |
8.1 Latin America (LATAM) Shoulder Fired Weapons Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Shoulder Fired Weapons Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Shoulder Fired Weapons Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Latin America (LATAM) Shoulder Fired Weapons Market, Revenues & Volume, By Technology, 2021 - 2031 |
8.5 Latin America (LATAM) Shoulder Fired Weapons Market, Revenues & Volume, By Range, 2021 - 2031 |
9 Asia Shoulder Fired Weapons Market, Overview & Analysis |
9.1 Asia Shoulder Fired Weapons Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Shoulder Fired Weapons Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Shoulder Fired Weapons Market, Revenues & Volume, By Component, 2021 - 2031 |
9.4 Asia Shoulder Fired Weapons Market, Revenues & Volume, By Technology, 2021 - 2031 |
9.5 Asia Shoulder Fired Weapons Market, Revenues & Volume, By Range, 2021 - 2031 |
10 Africa Shoulder Fired Weapons Market, Overview & Analysis |
10.1 Africa Shoulder Fired Weapons Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Shoulder Fired Weapons Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Shoulder Fired Weapons Market, Revenues & Volume, By Component, 2021 - 2031 |
10.4 Africa Shoulder Fired Weapons Market, Revenues & Volume, By Technology, 2021 - 2031 |
10.5 Africa Shoulder Fired Weapons Market, Revenues & Volume, By Range, 2021 - 2031 |
11 Europe Shoulder Fired Weapons Market, Overview & Analysis |
11.1 Europe Shoulder Fired Weapons Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Shoulder Fired Weapons Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Shoulder Fired Weapons Market, Revenues & Volume, By Component, 2021 - 2031 |
11.4 Europe Shoulder Fired Weapons Market, Revenues & Volume, By Technology, 2021 - 2031 |
11.5 Europe Shoulder Fired Weapons Market, Revenues & Volume, By Range, 2021 - 2031 |
12 Middle East Shoulder Fired Weapons Market, Overview & Analysis |
12.1 Middle East Shoulder Fired Weapons Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Shoulder Fired Weapons Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Shoulder Fired Weapons Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Shoulder Fired Weapons Market, Revenues & Volume, By Component, 2021 - 2031 |
12.4 Middle East Shoulder Fired Weapons Market, Revenues & Volume, By Technology, 2021 - 2031 |
12.5 Middle East Shoulder Fired Weapons Market, Revenues & Volume, By Range, 2021 - 2031 |
13 Global Shoulder Fired Weapons Market Key Performance Indicators |
14 Global Shoulder Fired Weapons Market - Export/Import By Countries Assessment |
15 Global Shoulder Fired Weapons Market - Opportunity Assessment |
15.1 Global Shoulder Fired Weapons Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Shoulder Fired Weapons Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Global Shoulder Fired Weapons Market Opportunity Assessment, By Technology, 2021 & 2031F |
15.4 Global Shoulder Fired Weapons Market Opportunity Assessment, By Range, 2021 & 2031F |
16 Global Shoulder Fired Weapons Market - Competitive Landscape |
16.1 Global Shoulder Fired Weapons Market Revenue Share, By Companies, 2024 |
16.2 Global Shoulder Fired Weapons Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |