Shoulder Fired Weapons Market Report 2026

Shoulder Fired Weapons Market Overview

• Shoulder Fired Weapons market size has reached to $8.8 billion in 2025 • Expected to grow to $14.28 billion in 2030 at a compound annual growth rate (CAGR) of 9.9% • Growth Driver: Rising Defense Expenditures Fuel Growth InThe Shoulder-Fired Weapons Market • Market Trend: Lightweight Shoulder Launched Missile For Enhanced Infantry Mobility • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Shoulder Fired Weapons Market?

The shoulder fired weapons refer to a weapon that is shot while being held in the hands and having its butt pressed up against a shoulder. Shoulder-fired weapons are portable firearms or missile systems designed to be operated by a single individual who stabilizes and aims the weapon by placing it on their shoulder. The main types of shoulder-fired weapons are guided and unguided. Guided should fired weapons refer to weapons whose path may be changed while in flight by a radar device. These weapons have a launcher and ammunition. These weapons are used for defense, home security, and others.

What Is The Shoulder Fired Weapons Market Growth Forecast?

The shoulder fired weapons market size is expected to see strong growth in the next few years. It will grow to $14.28 billion in 2030 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to growing demand for next-generation shoulder-fired weapons with enhanced accuracy and range, increasing adoption of guided shoulder-fired systems for precision targeting, rising investments in lightweight and ergonomic designs to improve soldier mobility, expanding procurement by emerging economies seeking cost-effective anti-armor solutions, expected growth in integrated after-sales and lifecycle support services bundled with new systems. Major trends in the forecast period include miniaturization and lightweight shoulder-fired weapons, integration of advanced targeting systems, increased adoption of multi-purpose ammunition, development of recoil-reduction and stabilization technologies, expansion in tactical and urban defense applications.

Global Shoulder Fired Weapons Market Segmentation

1) By Type: Guided, Unguided 2) By Component: Launcher, Ammunition 3) By Application: Defense, Home Security, Others Subsegments: 1) By Guided: Anti-Tank Guided Missiles-global-market-report" target="_blank">missiles (ATGMs), Surface-To-Air Missiles (SAMs), Precision Guided Munitions 2) By Unguided: Rocket-Propelled Grenades (RPGs), Shoulder-Fired Rockets

What Is Driver Of The Shoulder Fired Weapons Market?

The increase in defense expenditures is expected to drive the shoulder-fired weapons market. The defense expenditure is increasing to remain in power and secure the position of a country. Armed forces use shoulder-fired weapons throughout the world for defense and safety. The use of shoulder-fired weapons gives a considerable advantage to troops by engaging targets without worrying about the strike's accuracy and the weapon's weight For instance, in April 2024, according to Stockholm International Peace Research Institute, a Sweden-based independent international institute, total global military expenditure reached $2443 billion in 2023, an increase of 6.8 per cent in real terms from 2022. Russia’s military spending increased by 24 per cent to an estimated $109 billion in 2023 compared to 2022. Therefore, an increase in defence expenditure drives the shoulder-fired weapons market.

Key Players In The Global Shoulder Fired Weapons Market

Major companies operating 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

Global Shoulder Fired Weapons Market Trends and Insights

Major companies operating in the shoulder-fired weapons market are focusing on developing technological advancements such as lightweight, shoulder-launched missiles to improve infantry mobility, extend engagement range, and increase precision against modern armored and fortified targets. A lightweight, shoulder-launched missile refers to a portable missile system designed to be carried and fired by a single soldier from the shoulder, providing infantry with a compact, easy-to-transport weapon capable of engaging armored vehicles, fortifications, or other targets with precision. For instance, in October 2024, Israel Aerospace Industries, an Israel-based aerospace and defense company, launched a Teaser, notable for its resistance to electronic warfare. This missile is designed for infantry use, combining portability with precision targeting up to 2,500 meters. Its key advantage is an external optical guidance system that makes it immune to electronic warfare, including GPS jamming. The missile is cost-effective, easy to operate with minimal training, and versatile against personnel, light armor, and structures, making it a game-changer for modern tactical warfare.

What Are Latest Mergers And Acquisitions In The Shoulder Fired Weapons Market? NIOA Acquires Barrett Firearms To Strengthen Global Defense Market Footprint And Precision Rifle Capabilities

In January 2023, NIOA, an Australia-based company that offers firearms, weapons, and ammunition to the military, acquired Barrett Firearms Manufacturing for an undisclosed amount. With this acquisition, NIOA aims to expand its presence and enhance its capabilities in the defence sector by leveraging Barrett Firearms' expertise in long-range precision rifles, ensuring the continued delivery of high-quality firearms and munitions to military and law enforcement markets worldwide. Barrett Firearms Manufacturing is a US-based company that designs and manufactures shoulder fired weapons.

Regional Insights

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

What Defines the Shoulder Fired Weapons Market?

The shoulder fired weapons market consists of sales of rocket-propellant grenade and bazooka. 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 Shoulder Fired Weapons Market Report 2026?

The shoulder fired weapons market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry 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 shoulder fired weapons industry. 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 industry.