Product Code: ETC13339830 | 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 Manned Anti Tank Guided Missile System Market was valued at USD 2.6 Billion in 2024 and is expected to reach USD 3.8 Billion by 2031, growing at a compound annual growth rate of 7.36% during the forecast period (2025-2031).
The Global Manned Anti-Tank Guided Missile System Market is experiencing steady growth due to increasing military modernization efforts around the world. These systems provide enhanced firepower and precision targeting capabilities against armored vehicles, making them crucial for defense strategies. Key players in the market are continually investing in research and development to improve the range, accuracy, and lethality of these systems. Additionally, advancements in technology, such as the integration of artificial intelligence and advanced sensors, are driving market expansion. Geopolitical tensions and the need to counter evolving threats are further boosting the demand for manned anti-tank guided missile systems globally. The market is expected to witness robust growth in the coming years as defense budgets increase and countries seek to strengthen their military capabilities.
The Global Manned Anti Tank Guided Missile System Market is witnessing a surge in demand due to increasing military modernization efforts and the need for advanced anti-tank capabilities. Key trends include the development of lighter and more versatile systems, integration of advanced targeting technologies, and enhanced mobility features to ensure effectiveness in diverse combat scenarios. Opportunities in the market stem from the growing focus on asymmetric warfare, border security challenges, and the need for precision strike capabilities. Additionally, the incorporation of artificial intelligence and autonomous capabilities in manned anti-tank guided missile systems presents new avenues for market growth. Companies investing in research and development to enhance system capabilities and address evolving threats are likely to capitalize on the expanding market opportunities in the global manned anti-tank guided missile system sector.
The Global Manned Anti Tank Guided Missile System Market faces several challenges, including increasing competition from unmanned anti-tank guided missile systems, which are becoming more advanced and cost-effective. Additionally, the high cost of developing and maintaining manned anti-tank systems poses a significant barrier for many countries, especially those with limited defense budgets. Furthermore, the evolving nature of modern warfare and the need for more agile and versatile defense solutions present a challenge for traditional manned anti-tank systems, which may struggle to adapt to changing battlefield dynamics quickly. Overall, the market for manned anti-tank guided missile systems must address these challenges effectively to remain competitive and relevant in the evolving defense landscape.
The Global Manned Anti Tank Guided Missile System Market is driven by several key factors, including increasing defense spending by various countries, rising security concerns, and advancements in missile technology. The growing need for effective anti-tank capabilities to counter armored threats on the battlefield is also fueling the demand for these systems. Additionally, the trend towards modernization of military equipment and the incorporation of precision-guided weapons systems are further driving the market growth. The emergence of asymmetric warfare and the need for versatile and mobile anti-tank solutions are also contributing to the market expansion. Overall, the increasing focus on enhancing military capabilities and ensuring combat superiority is driving the demand for manned anti-tank guided missile systems globally.
Government policies related to the Global Manned Anti Tank Guided Missile System Market generally focus on regulations concerning the export and import of such systems, as well as ensuring compliance with international arms control agreements. These policies aim to maintain national security interests, prevent unauthorized proliferation of advanced weapon systems, and promote stability in regions where these systems are deployed. Governments also prioritize research and development funding for enhancing the capabilities of manned anti-tank guided missile systems, in line with evolving defense strategies and technological advancements. Additionally, governments may incentivize domestic production of these systems to boost the local defense industry and reduce dependence on foreign suppliers, while also fostering collaborations with international partners for joint development projects.
The Global Manned Anti Tank Guided Missile System Market is expected to witness steady growth in the coming years due to increasing defense spending by various countries, particularly in regions prone to conflicts. The demand for advanced anti-tank guided missile systems is rising as militaries seek to enhance their capabilities to counter armored threats on the battlefield. Technological advancements in missile guidance systems and increasing focus on precision strike capabilities are also driving the market growth. Additionally, the growing trend towards modernization of military equipment and the development of next-generation anti-tank guided missile systems are anticipated to further boost market expansion. Overall, the Global Manned Anti Tank Guided Missile System Market is projected to experience sustained growth in the foreseeable future.
In the global manned anti-tank guided missile system market, Asia is anticipated to witness significant growth due to increasing defense budgets and ongoing territorial disputes. North America is expected to dominate the market, driven by technological advancements and military modernization efforts. Europe is projected to showcase steady growth, attributed to the focus on enhancing armored vehicle capabilities. The Middle East and Africa region is likely to experience a surge in demand for manned anti-tank guided missile systems amidst regional conflicts and security threats. Latin America is expected to witness moderate growth, supported by defense modernization initiatives and the need to counter evolving security challenges in the region. Overall, the global manned anti-tank guided missile system market is poised for expansion across various regions due to growing military expenditures and escalating geopolitical tensions.
Global Manned Anti Tank Guided Missile System 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 Manned Anti Tank Guided Missile System Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Manned Anti Tank Guided Missile System Market Revenues & Volume, 2021 & 2031F |
3.3 Global Manned Anti Tank Guided Missile System Market - Industry Life Cycle |
3.4 Global Manned Anti Tank Guided Missile System Market - Porter's Five Forces |
3.5 Global Manned Anti Tank Guided Missile System Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Manned Anti Tank Guided Missile System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Manned Anti Tank Guided Missile System Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Manned Anti Tank Guided Missile System Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Manned Anti Tank Guided Missile System Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Manned Anti Tank Guided Missile System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Manned Anti Tank Guided Missile System Market Trends |
6 Global Manned Anti Tank Guided Missile System Market, 2021 - 2031 |
6.1 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Long-Range, 2021 - 2031 |
6.1.3 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Short-Range, 2021 - 2031 |
6.2 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Battlefield Defense, 2021 - 2031 |
6.2.3 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Tactical Combat, 2021 - 2031 |
6.3 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Military Forces, 2021 - 2031 |
6.3.3 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Defense Agencies, 2021 - 2031 |
6.4 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Government Contracts, 2021 - 2031 |
6.4.3 Global Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
7 North America Manned Anti Tank Guided Missile System Market, Overview & Analysis |
7.1 North America Manned Anti Tank Guided Missile System Market Revenues & Volume, 2021 - 2031 |
7.2 North America Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Manned Anti Tank Guided Missile System Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Manned Anti Tank Guided Missile System Market, Overview & Analysis |
8.1 Latin America (LATAM) Manned Anti Tank Guided Missile System Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Manned Anti Tank Guided Missile System Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Manned Anti Tank Guided Missile System Market, Overview & Analysis |
9.1 Asia Manned Anti Tank Guided Missile System Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Manned Anti Tank Guided Missile System Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Manned Anti Tank Guided Missile System Market, Overview & Analysis |
10.1 Africa Manned Anti Tank Guided Missile System Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Manned Anti Tank Guided Missile System Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Manned Anti Tank Guided Missile System Market, Overview & Analysis |
11.1 Europe Manned Anti Tank Guided Missile System Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Manned Anti Tank Guided Missile System Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Manned Anti Tank Guided Missile System Market, Overview & Analysis |
12.1 Middle East Manned Anti Tank Guided Missile System Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Manned Anti Tank Guided Missile System Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Manned Anti Tank Guided Missile System Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Manned Anti Tank Guided Missile System Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Manned Anti Tank Guided Missile System Market Key Performance Indicators |
14 Global Manned Anti Tank Guided Missile System Market - Export/Import By Countries Assessment |
15 Global Manned Anti Tank Guided Missile System Market - Opportunity Assessment |
15.1 Global Manned Anti Tank Guided Missile System Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Manned Anti Tank Guided Missile System Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Manned Anti Tank Guided Missile System Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Manned Anti Tank Guided Missile System Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Manned Anti Tank Guided Missile System Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Manned Anti Tank Guided Missile System Market - Competitive Landscape |
16.1 Global Manned Anti Tank Guided Missile System Market Revenue Share, By Companies, 2024 |
16.2 Global Manned Anti Tank Guided Missile System Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |