Your payment is in progress...

Global Shoulder-Fired Weapons Market - Segmented By Technology (Guided, Unguided), Range (Short Range, Medium Range, Extended Range) And Geography - Growth, Trends, And Forecast (2018 - 2023)

Published on: Sep 2018 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 115

The market for shoulder-fired weapons is anticipated to grow at a CAGR of over 5.5% during the forecast period. Growth in the defense budget to counter terrorist activities will drive the shoulder-fired weapons market in the coming years.

Shoulder fired weapons can be classified as anti-aircraft and anti-tank that uses a launcher to shoot the warhead at the target. These weapons, of the guided as well as the unguided variety, are highly effective against intended targets. Unlike other missile systems that are bulky and require operational expertise, shoulder-fired weapons are relatively small and can be carried by a single person and operated efficiently with much less level of training needed.

Shoulder-fired anti-tank weapons give the foot soldier the ability to assault armored vehicles. Currently, there are two main types of shoulder-fired Anti-Tank (AT) systems: reloadable and disposable. The reloadable systems are modern variations on recoilless rifle technology. With the advancement in armored vehicle protection, especially that of MBTs, the shoulder-fired weapons are facing new challenges. However, the unguided shoulder-fired weapons are cheaper compared to guided weapons and are useful against personnel entrenched in cave complexes as well as combatants hidden in buildings and fortification in urban areas. Unguided shoulder-fired weapons have been a part of several infantries across the globe for years. However, they are being replaced by the advanced guided shoulder weapons that are highly accurate. Some of the unguided shoulder-fired weapons are RPG-29, RPG-7VLT, RPG-27, RPG-28, AT-4, SMAW, WASP 58, Panzerfaust Pzf3-IT among others.

Market Dynamics
It has been observed in several instances that the troops who operate shoulder-fired weapons have suffered from concussions and brain injuries. Few companies are developing a light-assault weapon that eliminates the back-blast danger. For instance, using STRIX propulsion technology, NammoÕs M72FFE enables operators to fire large caliber or anti-armor warheads safely. The new system suppresses noise levels and night signatures to make it difficult for the enemy to detect the location of release. The military is also looking for a new type of helmet that can protect the soldierÕs brain from blast waves.

The development of new weapons is directly proportional to the demand which depends on the defense spending of every nation. The US, China, Saudi Arabia, Russia, India, France, the United Kingdom, Japan, Germany, South Korea are among the top defense spending countries worldwide in 2017. United States recorded the highest military spending of USD 610 billion in 2017 followed by China with a military expenditure of USD 228 billion. Most of the countries in the Asia Pacific region have significantly increased their defense spending in the past decade with massive investment towards the procurement of advanced weapons. The Indian Army in a recent study has revealed that it lacks 68,000 anti-tank guided missiles of various types and around 850 launchers. The Army plans to procure about 2,500 third-generation shoulder-fired ATGMs and 96 launchers through a government-government contract. Israeli Spike ATGM and the FGM-148 Javelin ATGM are the weapon systems under consideration.

The growing demand for lightweight anti-armor weapons is encouraging vast developments in the areas of weapon design. Such trends will remain key forces guiding the development of the shoulder-fired weapons in the coming years.

Regional Insights
North America dominates the market in 2017; however, Asia Pacific is expected to register the highest CAGR during the forecast period. This is mainly due to growing terrorist activities and political tensions among some of the countries in the Asia Pacific region. The United States dominates and accounts for a significant share in the North America shoulder-fired weapons market in 2017. However, regarding market share, it is anticipated that North America will lose some of its share to Asia-Pacific and Middle East region.

Major Players:
Raytheon Company, Saab AB, MBDA, Lockheed Martin Corporation, and NORINCO among others.

Recent Developments:
May 2018: Raytheon Missile Systems unveiled the first phase of a USD 550 million expansion to its Tucson facilities which includes new laboratory, missile testing and office space.

Oct 2017: Saab received an order from US Army for shoulder-fired AT4CS RS anti-armor weapon systems. The order is worth USD 13.4 million and the deliveries are expected to begin in 2019.

Reasons to Purchase this Report
Analyzing various perspectives of the market with the help of PorterÕs Five Forces Analysis
Detailed analysis of the segment that is expected to register the highest growth rate
Study of the region and country that are expected to dominate the market
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate Sheet (in Excel)

Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

1. Introduction

1.1 Scope of Study

1.2 Market Definition

1.3 Executive Summary

2. Research Methodology

2.1 Study Deliverables

2.2 Study Assumptions

2.3 Research Phases

3. Market Insights

3.1 Current Market Scenario

3.2 Market Trends

3.3 Industry Attractiveness - Porter's Five Forces Analysis

3.3.1 Bargaining Power of the Suppliers

3.3.2 Bargaining Power of the Consumers

3.3.3 Threat of New Entrants

3.3.4 Threat of Substitute Products and Services

3.3.5 Competitive Rivalry within the Industry

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

5. Shoulder-Fired Weapons Market, Segmented by Technology

5.1 Guided

5.2 Unguided

6. Shoulder-Fired Weapons Market, Segmented by Range

6.1 Short Range

6.2 Medium Range

6.3 Extended Range

7. Global Market Analysis

7.1 North America

7.1.1 US

7.1.2 Canada

7.1.3 Rest of North America

7.2 Europe

7.2.1 United Kingdom

7.2.2 France

7.2.3 Russia

7.2.4 Germany

7.2.5 Rest of Europe

7.3 Asia Pacific

7.3.1 China

7.3.2 India

7.3.3 Japan

7.3.4 South Korea

7.3.5 Rest of Asia Pacific

7.4 South America

7.4.1 Brazil

7.4.2 Rest of South America

7.5 Middle-East & Africa

7.5.1 UAE

7.5.2 Saudi Arabia

7.5.3 Israel

7.5.4 Rest of Middle-East & Africa

8. Competitive Landscape

8.1 Introduction

8.2 Market Share Analysis

9. Company Profiles

9.1 Raytheon Company

9.2 Saab AB

9.3 MBDA

9.4 Rafael Advanced Defense Systems Ltd

9.5 AirTronic USA, LLC

9.6 Bazalt


9.8 Lockheed Martin Corporation

9.9 Thales Group

9.10 ADS, Inc.

9.11 Bharat Dynamics Limited (BDL)


9.13 LIG Nex1

10. Disclaimer

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

The market engineered data is verified and validated by a number of experts, both in-house and external.

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.


Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research.

The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process.

The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage.

Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more.

These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry.

Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
When you place an order with MarketInsightsReports, we try our best to deliver the product as soon as possible. The report will be delivered to you either by email or by physical delivery. If it’s delivered by email the order will be dispatched on the same working day or on the next working day of receipt of payment (unless otherwise specified on our website). There may be exceptions to this if you place order on a non-working day specifically because our publisher partners are located all over the globe. In case of physical delivery report will be couriered to you within 3 working days from the date of the receipt of payment and delivery time will differ based on your location

Any person who has the capacity to make decisions for the business must buy the reports. These reports help management in decision making process. Market research helps person to obtain market information from different sources, and in multiple formats. It aims to study supply and demand, analyze data as per geography, age factors, demography, technology, product, psychographic & gender differences, and many other parameters. Access to in-depth market trends helps person to assess the market effectiveness. Some of the multiple techniques used for market research include customer analysis, choice modeling, competition and risk analysis, product research, advertising the research, marketing mix modeling, simulated test marketing, and more.
Market research studies several features of business environment, such as competitors, market structure, government regulations, economic trends, technological advances and financial analysis of companies, industries, and sectors. This helps person in the decision-making process of planning and implementing strategies for their markets.

The generation of research report is concerned by most clients when purchasing it. Following general steps are taken for generating reports.
1. Choose a topic.
2. Make skeleton catalogue.
3. Fill content. As for report content, there are two main information source, Primary and Secondary data collection. Secondary data collectionrefers to information searched from the Internet or data bought from database. Primary data collection refers to information concluded from telephone interview, face-to-face interview, expert’s interview, meeting etc.
4. Audit the report
5. Publish the report.

With regard to information cost, information searching costs the least, database support the second least, and telephone interview the third least. Face-face interview cost higher, in-depth interview much higher and expert interview the highest. A research may adopt all of these approaches, or just some of them.
In general, a good-quality research report needs 1-3 months to be finished. Time and method varies according to different Publishers. Thus, it’s difficult to define an exact procedure or process of making research report. Both time and cost vary. However, specialization has become a basic industry standard. Professional and dedicated products will be more and more popular.
MarketInsightsReports has focused on various fields such as Life Science, IT, Telecommunication, Food& Beverages, Energy & Power, Automotive & Transportation, Materials& Chemicals, Financial Services and many more. These market research reports are available for all regions around the globe.
When you place an order with MarketInsightsReports, we try our best to deliver the product as soon as possible. The report will be delivered to you either by email or by physical delivery. If it’s delivered by email the order will be dispatched on the same working day or on the next working day of receipt of payment (unless otherwise specified on our website).

There may be exceptions to this if you place order on a non-working day specifically because our publisher partners are located all over the globe. In case of physical delivery report will be couriered to you within 3 working days from the date of the receipt of payment and delivery time will differ based on your location

Please Choose License Type

USD $4250
USD $4500
USD $7000
USD $8750

Why Us

  • Why Us In-depth database
    Our Report’s database covers almost all topics of all regions over the Globe..
  • Recognised publishing sources Recognised publishing sources
    Tie ups with top publishers around the globe.
  • Customer Support Customer Support
    Complete pre and post sales support.
  • Safe & Secure Safe & Secure
    Complete secure payment process.