Grenade Launchers Market Report 2026

Grenade Launchers Market Overview

• Grenade Launchers market size has reached to $1.83 billion in 2025 • Expected to grow to $2.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.4% • Growth Driver: Increasing Demand For Advanced Weapon Systems Fueling The Growth Of The Market Due To Rising Need For Precision And Versatile Firepower • Market Trend: Technologically Advanced Grenade Launchers Enhance Combat Efficiency • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Grenade Launchers Market?

Grenade launchers refer to firearms or weapon attachments designed to launch grenades farther and more accurately than by hand. They can be standalone weapons or mounted under the barrel of rifles. Grenade launchers allow soldiers to engage targets with explosive projectiles at medium ranges, typically between 30 to 400 meters, depending on the model. The main types of grenade launchers are single-shot launchers, multi-shot launchers, automatic grenade launchers, portable handheld launchers, and vehicle-mounted launchers. Single-shot launchers are designed to fire one round before needing to be manually reloaded. Their operating mechanisms can be manual, semi-automatic, fully automatic, recoil-operated, or gas-operated and are typically made from metals such as composite materials, polymers, alloy combinations, and specialty coatings for enhanced durability. The applications of grenade launchers include military operations, law enforcement, security operations, civilian or recreational use, as well as training and exercises.

What Is The Grenade Launchers Market Growth Forecast?

The grenade launchers market size is expected to see strong growth in the next few years. It will grow to $2.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to rising demand for automatic and vehicle-mounted grenade launchers, integration with remote weapon stations and turret systems, innovations in lightweight composite and alloy materials, expansion in security and counter-terrorism operations, development of multi-purpose and modular launcher systems. Major trends in the forecast period include enhanced accuracy and range of launchers, integration with tactical and combat systems, lightweight and portable launcher designs, improved durability with advanced materials, versatility for multiple ammunition types.

Global Grenade Launchers Market Segmentation

1) By Type Of Grenade Launcher: Single-Shot Launchers, Multi-Shot Launchers, Automatic Grenade Launchers, Portable Handheld Launchers, Vehicle-Mounted Launchers 2) By Operating Mechanism: Manual Operation, Semi-Automatic, Fully Automatic, Recoil Operation, Gas Operation 3) By Material: Metal, Composite Materials, Polymer, Alloy Combinations, Specialty Coatings For Enhanced Durability 4) By Application: Military Use, Law Enforcement, Security Operations, Civilian Or Recreational Use, Training And Exercises Subsegments: 1) By Single-Shot Launchers: Under-Barrel Mounted Launchers, Standalone Launchers 2) By Multi-Shot Launchers: Revolving Cylinder Launchers, Box Magazine-Fed Launchers 3) By Automatic Grenade Launchers: Belt-Fed Systems, Magazine-Fed Systems 4) By Portable Handheld Launchers: Man-Portable Anti-Personnel Launchers, Lightweight Infantry Support Launchers 5) By Vehicle-Mounted Launchers: Remote Weapon Stations (RWS), Turret-Integrated Systems

What Is The Driver Of The Grenade Launchers Market?

The increasing demand for advanced weapon systems is expected to propel the growth of the grenade launchers market going forward. Advanced weapon systems refer to high-tech military tools and platforms designed to enhance combat effectiveness through precision, automation, stealth, and integrated technologies. Advanced weapon systems are increasing as nations seek to maintain strategic military superiority and effectively counter evolving, high-tech threats. Grenade launchers enhance advanced weapon systems by providing versatile, high-impact firepower with precision and adaptability for infantry and vehicle-based operations in diverse combat scenarios. For instance, in February 2025, according to the UK Defence and Security Exports, a UK-based government agency, in 2023, the total value of UK defence export orders reached £14.5 ($17.01) billion, marking a nominal increase of £4.8 ($5.63) billion compared to 2022. Therefore, the increasing demand for advanced weapon systems is driving the growth of the grenade launchers industry.

Key Players In The Global Grenade Launchers Market

Major companies operating in the grenade launchers market report are Norinco Group, General Dynamics Corporation, Rheinmetall AG, PT Pindad, FN Herstal, Heckler & Koch GmbH, Denel Land Systems, Rosoboronexport State Corporation, MILKOR (Pty) Ltd, Singapore Technologies Engineering Ltd, Saab AB, LMT Defense, Steyr Arms, Rippel Effect Weapon Systems Pty Ltd, REPKON Defence, ST Kinetics (ST Engineering division), Colt’s Manufacturing Company LLC, Israel Weapon Industries IWI, Nammo AS, Ceská zbrojovka Group CZG

Global Grenade Launchers Market Trends and Insights

Major companies operating in the grenade launchers market are focusing on developing technologically advanced products, such as the 30mm semi-automatic grenade launcher, to enhance firepower, accuracy, and operational efficiency. A 30mm semi-automatic grenade launcher is a high-caliber weapon system that fires 30mm grenades in semi-automatic mode, offering enhanced firepower, accuracy, and rapid follow-up shots for modern combat operations. For instance, in October 2024, Barrett Firearms Manufacturing, a US-based manufacturing company, launched a Squad Support Rifle System (SSRS). It provides squads with rapid, precise firepower using 30mm grenades, allowing for faster reloads, greater maneuverability, and effective engagement of targets behind cover or at extended ranges. Its user-friendly, rifle-like design and advanced optics make it easy to train on and versatile for various combat scenarios, significantly boosting infantry effectiveness.

What Are Latest Mergers And Acquisitions In The Grenade Launchers Market?

In January 2024, Colt CZ Group SE, a Czech Republic-based provider of firearms and ammunition for military and law enforcement, personal defense, hunting, sport shooting, and other commercial use, acquired the intellectual property rights for the Mk 47 automatic grenade launcher from General Dynamics Ordnance and Tactical Systems for an undisclosed amount. With this acquisition, Colt CZ Group aims to expand its offerings into larger and more sophisticated weapon systems and crew-served platforms while enhancing its technological capabilities for advanced weaponry. General Dynamics Ordnance and Tactical Systems Inc. is a US-based provider of munitions, tactical systems, and advanced weapon technologies for military applications.

Regional Outlook

North America was the largest region in the grenade launchers market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the grenade launchers market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the grenade launchers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Grenade Launchers Market?

The grenade launchers market consists of sales of standalone grenade launchers, under-barrel grenade launchers, ammunition such as 40mm grenades, and related accessories and components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Grenade Launchers Market Report 2026?

The grenade launchers market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the grenade launchers Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?