Product Code: ETC13339811 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Man Portable Rocket Launcher Market was valued at USD 1.9 Billion in 2024 and is expected to reach USD 2.9 Billion by 2031, growing at a compound annual growth rate of 5.41% during the forecast period (2025-2031).
The Global Man Portable Rocket Launcher Market is witnessing steady growth driven by increasing defense budgets, rising military modernization programs, and the need for advanced anti-armor capabilities. Key players in the market are focusing on developing lightweight, portable rocket launchers with enhanced precision, range, and lethality to cater to the evolving security threats. The market is characterized by intense competition, with companies investing in research and development to introduce technologically advanced solutions. Geopolitical tensions and the rising demand for portable anti-tank weapons are expected to further propel market growth. North America and Europe currently dominate the market, while the Asia-Pacific region is anticipated to witness significant growth due to escalating regional conflicts and territorial disputes. Key challenges include stringent regulatory frameworks and the high cost associated with developing advanced rocket launcher systems.
The Global Man Portable Rocket Launcher Market is witnessing a growing demand due to increasing military modernization programs, territorial conflicts, and the need for advanced anti-armor capabilities. The market is experiencing a surge in investments in research and development to develop lightweight, portable rocket launchers with improved precision and range. Technological advancements such as guided missile systems and integration of smart technologies are driving innovation in the market. Additionally, the rise in asymmetric warfare and increasing focus on counter-terrorism operations are creating opportunities for market growth. Key players are focusing on strategic partnerships, mergers, and acquisitions to expand their product portfolios and strengthen their market presence. Overall, the market is poised for steady growth with a shift towards more advanced and versatile man portable rocket launcher systems.
The Global Man Portable Rocket Launcher Market faces several challenges, including technological advancements in anti-tank guided missiles that offer higher precision and longer range capabilities, reducing the demand for traditional rocket launchers. Additionally, strict regulations on arms trade and export control measures imposed by various countries limit the market growth. Moreover, the high cost associated with the development and procurement of man-portable rocket launchers poses a challenge for both manufacturers and potential buyers. The market also experiences competition from alternative weapons systems such as drones and unmanned aerial vehicles, which are increasingly being used in modern warfare scenarios. Overall, these challenges highlight the need for continuous innovation and adaptation by market players to stay competitive in the evolving defense industry landscape.
The Global Man Portable Rocket Launcher Market is primarily driven by increasing defense spending by various countries to enhance their military capabilities. The growing need for lightweight and portable anti-tank weapons systems for infantry units, special forces, and other military applications is fueling the demand for man portable rocket launchers. Additionally, ongoing military modernization programs, rising geopolitical tensions, and the need for effective anti-armor and anti-personnel capabilities in modern warfare scenarios are contributing to the market growth. Technological advancements in rocket launcher systems, such as improved targeting systems, enhanced accuracy, and increased range, are also driving market expansion. Furthermore, the increasing focus on enhancing soldier survivability and mobility on the battlefield is propelling the adoption of man portable rocket launchers.
Government policies related to the Global Man Portable Rocket Launcher Market vary by country, but generally focus on regulating the export, import, and use of these weapons. Many countries have strict licensing and control mechanisms in place to prevent unauthorized sales or transfers of man-portable rocket launchers, in line with international arms control agreements. Additionally, some governments have restrictions on the type and quantity of rocket launchers that can be owned by individuals or organizations, with a particular emphasis on preventing proliferation to non-state actors or terrorist groups. Compliance with these policies is crucial for manufacturers and distributors in the global market to ensure transparency, accountability, and adherence to legal obligations.
The Global Man Portable Rocket Launcher Market is poised for steady growth in the coming years due to increasing defense budgets, rising geopolitical tensions, and the need for advanced portable weapons systems. Technological advancements such as precision-guided rockets, improved range, and enhanced accuracy are expected to drive market expansion. Additionally, the growing demand for lightweight, easy-to-use rocket launchers for infantry forces and special operations units will further fuel market growth. Key players in the market are investing in research and development to offer innovative solutions and gain a competitive edge. Overall, the Global Man Portable Rocket Launcher Market is forecasted to experience a positive trajectory driven by military modernization programs and the need for effective anti-armor and anti-personnel capabilities in various combat scenarios.
The global man-portable rocket launcher market is witnessing different trends across regions. In Asia, countries like China, India, and South Korea are investing significantly in developing advanced rocket launcher systems, driven by increasing defense spending and security concerns. North America dominates the market due to a strong presence of key manufacturers and ongoing military modernization programs. In Europe, countries such as Russia, France, and the UK are focusing on enhancing their rocket launcher capabilities through technological advancements. The Middle East and Africa region is experiencing a rise in demand for man-portable rocket launchers due to ongoing conflicts and terrorist threats. Latin America is also showing growth potential with countries like Brazil and Mexico investing in upgrading their defense capabilities. Overall, the global market is expected to witness steady growth with varying dynamics in each region.
Global Man Portable Rocket Launcher 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 Man Portable Rocket Launcher Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Man Portable Rocket Launcher Market Revenues & Volume, 2021 & 2031F |
3.3 Global Man Portable Rocket Launcher Market - Industry Life Cycle |
3.4 Global Man Portable Rocket Launcher Market - Porter's Five Forces |
3.5 Global Man Portable Rocket Launcher Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Man Portable Rocket Launcher Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Man Portable Rocket Launcher Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Man Portable Rocket Launcher Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Man Portable Rocket Launcher Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Man Portable Rocket Launcher Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Man Portable Rocket Launcher Market Trends |
6 Global Man Portable Rocket Launcher Market, 2021 - 2031 |
6.1 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Shoulder-Launched, 2021 - 2031 |
6.1.3 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Guided Rocket Systems, 2021 - 2031 |
6.1.4 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Multi-Purpose Rockets, 2021 - 2031 |
6.2 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Anti-Tank Warfare, 2021 - 2031 |
6.2.3 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Precision Strikes, 2021 - 2031 |
6.2.4 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Air & Ground Defense, 2021 - 2031 |
6.3 Global Man Portable Rocket Launcher Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Military Forces, 2021 - 2031 |
6.3.3 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Defense Agencies, 2021 - 2031 |
6.3.4 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Special Forces, 2021 - 2031 |
6.4 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
6.4.3 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Government Contracts, 2021 - 2031 |
6.4.4 Global Man Portable Rocket Launcher Market, Revenues & Volume, By Military Contractors, 2021 - 2031 |
7 North America Man Portable Rocket Launcher Market, Overview & Analysis |
7.1 North America Man Portable Rocket Launcher Market Revenues & Volume, 2021 - 2031 |
7.2 North America Man Portable Rocket Launcher Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Man Portable Rocket Launcher Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Man Portable Rocket Launcher Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Man Portable Rocket Launcher Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Man Portable Rocket Launcher Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Man Portable Rocket Launcher Market, Overview & Analysis |
8.1 Latin America (LATAM) Man Portable Rocket Launcher Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Man Portable Rocket Launcher Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Man Portable Rocket Launcher Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Man Portable Rocket Launcher Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Man Portable Rocket Launcher Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Man Portable Rocket Launcher Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Man Portable Rocket Launcher Market, Overview & Analysis |
9.1 Asia Man Portable Rocket Launcher Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Man Portable Rocket Launcher Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Man Portable Rocket Launcher Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Man Portable Rocket Launcher Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Man Portable Rocket Launcher Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Man Portable Rocket Launcher Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Man Portable Rocket Launcher Market, Overview & Analysis |
10.1 Africa Man Portable Rocket Launcher Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Man Portable Rocket Launcher Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Man Portable Rocket Launcher Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Man Portable Rocket Launcher Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Man Portable Rocket Launcher Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Man Portable Rocket Launcher Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Man Portable Rocket Launcher Market, Overview & Analysis |
11.1 Europe Man Portable Rocket Launcher Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Man Portable Rocket Launcher Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Man Portable Rocket Launcher Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Man Portable Rocket Launcher Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Man Portable Rocket Launcher Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Man Portable Rocket Launcher Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Man Portable Rocket Launcher Market, Overview & Analysis |
12.1 Middle East Man Portable Rocket Launcher Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Man Portable Rocket Launcher Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Man Portable Rocket Launcher Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Man Portable Rocket Launcher Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Man Portable Rocket Launcher Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Man Portable Rocket Launcher Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Man Portable Rocket Launcher Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Man Portable Rocket Launcher Market Key Performance Indicators |
14 Global Man Portable Rocket Launcher Market - Export/Import By Countries Assessment |
15 Global Man Portable Rocket Launcher Market - Opportunity Assessment |
15.1 Global Man Portable Rocket Launcher Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Man Portable Rocket Launcher Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Man Portable Rocket Launcher Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Man Portable Rocket Launcher Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Man Portable Rocket Launcher Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Man Portable Rocket Launcher Market - Competitive Landscape |
16.1 Global Man Portable Rocket Launcher Market Revenue Share, By Companies, 2024 |
16.2 Global Man Portable Rocket Launcher Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |