The Shoulder Fired Weapons Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Shoulder Fired Weapons Market?
The market size of shoulder fired weapons has seen swift expansion in recent years. It is projected to increase from $7.91 billion in 2024 to $8.85 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 11.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Shoulder Fired Weapons Industry?
The Shoulder Fired Weapons Global Market is anticipated to expand to $13.21 billion in 2029, with a compound annual growth rate (CAGR) of 10.6%.
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What are the Key Growth Drivers Fueling the Shoulder Fired Weapons Market?
The key drivers in the shoulder fired weapons market are:
• Rising security threats worldwide
• Shift in military doctrine
• Considerations for urban warfare
• Upgrades and replacements of older weapons
• International defense collaborations
• Advancements in seeker technologies
• Development of counter-countermeasure systems
• Interest in non-line-of-sight capabilities
• Enhanced multi-role capabilities
• Integration of networking and communication technologies in weapons systems
Global Market Segmentation: Identifying Major Shoulder Fired Weapons Industry Segments
The shoulder fired weapons market covered in this report is segmented –
1) By Type: Guided, Unguided
2) By Component: Launcher, Ammunition
3) By Application: Defense, Home Security, Others
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What are the Emerging Trends Shaping the Future of the Shoulder Fired Weapons Market?
The key trends in the shoulder fired weapons market are:
• There is a rapid advancement in seeker technologies in the shoulder fired weapons market.
• The development of counter-countermeasure systems is becoming increasingly prominent.
• Increased interest in non-line-of-sight capabilities signifies a growing trend.
• Integration of networking and communication technologies is an emerging trend in the market.
Who Are the Top Competitors & Leading Players in the Shoulder Fired Weapons Market?
Major companies in the shoulder fired weapons market are:
• China North Industries Group Corporation
• Raytheon Company
• Lockheed Martin Corporation
• General Dynamics Corporation
• BAE Systems plc
• Thales Group
• Singapore Technologies Engineering Ltd.
• Rheinmetall AG
• Saab AB
• Rafael Advanced Defense Systems Ltd.
• Poongsan Corporation
• John Cockerill
• Chemring Group plc
• Fabrique Nationale Herstal S.A.
• Mesko S.A.
• Bharat Dynamics Limited
• Denel Land Systems
• JSC Arsenal AD
• AirTronic USA LLC
• Instalaza S.A.
• Roket Sanayii ve Ticaret A.S.
• JSC Konstruktorskoe Buro Priborostroeniya
• Giat Industries SASU
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the shoulder fired weapons market in 2024
