Shoulder Fired Weapons Market Report Scope & Overview:

The Shoulder Fired Weapons Market Size was valued at a CAGR of 4.80% over the forecast period 2023-2030.

 A Shoulder-Launched Weapon is a lightweight canister containing a self-propelled explosive rocket projectile that may be operated by a single person and fired from their shoulders. They are divided into three categories based on their range: short-range, medium-range, and long-range. It can launch anti-tank or anti-aircraft missiles depending on the target. Based on its design criteria, it can also be guided or unguided. Unlike traditional missile systems, which are either fixed in place or placed on heavily armoured vehicles, a Shoulder-Fired Weapon is lighter, easier to carry, and requires less maintenance. Many militaries throughout the world favour it because it has lower upfront expenses and a simpler training process.

Shoulder Fired Weapons Market Revenue Analysis

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The launcher and the warhead are the two major components of shoulder-fired weapons. External guidance systems can be added to the launchers to improve accuracy and range. Most new launchers are designed to be interoperable, allowing multiple types of missiles to be fired from them. Shoulder-Fired Missiles can be guided or unguided to hit ground or air targets and have unique applications such as armour piercing. The majority of shoulder-fired weapons are utilised by light infantry units to attack ground-based targets such as bunkers, light to medium armoured vehicles, and enemy outposts. They are also known as MANPATS or MANPADS. Precision strikes are used to target low-flying aircraft with other types.



  • The requirement for next-generation anti-tank weapons

  • Lightweight Guided Weapons are in high demand.


  • Technology Transfer and Sales Restrictions

  • Design Constraints and System Requirements


  • Weapons Required to Combat Terrorism

  • Emerging Markets are seeing an increase in demand for shoulder-fired weapons.


  • Shoulder-fired weapons must become proficient in these emerging technologies in order to remain a viable alternative for users.

  • Countermeasures and Active Protection Systems


The global market for shoulder-fired guns has been badly disrupted by the COVID-19 pandemic.

The COVID-19 epidemic slowed economic growth in nearly all major countries, altering consumer purchasing patterns.

National and international travel have been hampered as a result of the lockdown applied in many nations, which has greatly disrupted the supply chain of numerous sectors around the world, consequently increasing the supply-demand gap.

Furthermore, small vendors and OEMs cannot supply spare parts and other raw materials to defence and other businesses that rely on them.

As a result, insufficient raw material supply is predicted to slow the production rate of shoulder fired weapons, thus impacting the market growth of shoulder fired weapons.

However, the situation is expected to improve as governments around the world begin to reduce regulations for resuming corporate operations.

Based on product, the global Shoulder-Fired Weapons Market is divided into three categories: short range, medium range, and long range. Short Range Shoulder-Fired Weapons are typically utilised in close-combat operations and have a maximum range of less than 1000 metres. Medium-range weapons have a maximum range of 3000 metres and are mostly employed to engage tanks or low-flying aircraft. Because of their versatility, medium range weapons are the most sought-after.

It may be paired with numerous warheads and has a range of 1000-3000 metres, making it excellent for attacking ground assets. Because of more advanced guidance systems, Extended Range weapons have higher muzzle velocity and greater accuracy, engaging targets beyond 3000 metres, and are the most sophisticated and capable systems in the Shoulder-Fired Weapons sector.

The ammunition sector dominated the shoulder fired weapons market in the projected period and is likely to continue its dominance through 2022. Developing countries, including China and India, are increasing their investments in man-portable weapon systems. Shoulder-fired weapons improve military land warfare capabilities at a fraction of the expense of other weapon systems. These countries are increasing their investments in innovative technology and focusing on the production of a diverse variety of offensive fighting vehicles. 

The market for shoulder-fired weapons has been studied and divided into guided and unguided technologies. The guided category dominates the shoulder fired weapons industry in terms of technology. This category is expected to increase at the fastest CAGR throughout the forecast period, owing to upgrades and modernization initiatives, the acquisition of new fire-and-forget missiles, and the usage of advanced guidance systems.


By Range

  • Short range

  • Medium Range

  • Extended Range

By Component

  • Launcher

  • Ammunition

By Technology

  • Guided

  • Unguided

Shoulder Fired Weapons Market Segmentation Analysis

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In the future years, China and India are projected to dominate the market for shoulder-fired weaponry. During the projection period, the United States is expected to lead the market for shoulder-fired weapons. This quick expansion can be linked to the region's increased research and development activity for the development of advanced technology-based designs of man portable military weapons. From the estimated period, the Indian shoulder fired weapons market is expected to develop at the fastest CAGR. In India, the demand for shoulder-fired weapons is growing due to the modernisation of existing battalions and the delivery of these systems for anti-tank and anti-air tasks.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The Major Players are General Dynamic Corporation, Lockheed Martin Corporation, Thales Group, Saab AB, KBP Instrument Design Bureau, Raytheon Company, Rafael Advanced Defense Systems, MBDA, and other players

Thales Group-Company Financial Analysis

Shoulder Fired Weapons Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ xx Million
Market Size by 2030 US$ xx Million
CAGR CAGR of 4.80% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Range (Short range, Medium Range, Extended Range)
• By Component (Launcher, Ammunition)
• By Technology (Guided, Unguided)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles General Dynamic Corporation, Lockheed Martin Corporation, Thales Group, Saab AB, KBP Instrument Design Bureau, Raytheon Company, Rafael Advanced Defense Systems, MBDA.
KEY DRIVERS • The requirement for next-generation anti-tank weapons
• Lightweight Guided Weapons are in high demand.
Restraints • Technology Transfer and Sales Restrictions
• Design Constraints and System Requirements

Frequently Asked Questions

The requirement for next-generation anti-tank weapons and Lightweight Guided Weapons are in high demand.

The global market for shoulder-fired guns has been badly disrupted by the COVID-19 pandemic. The COVID-19 epidemic slowed economic growth in nearly all major countries, altering consumer purchasing patterns.

The sample for the Shoulder Fired Weapons Market report is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.

Weapons Required to Combat Terrorism and Emerging Markets are seeing an increase in demand for shoulder-fired weapons.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia War

4.3 Impact of Ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Shoulder Fired Weapons Market Segmentation, by Range

8.1 Short range

8.2 Medium Range

8.3 Extended Range

9. Shoulder Fired Weapons Market Segmentation, by Component

9.1 Launcher

9.2 Ammunition

10. Shoulder Fired Weapons Market Segmentation, by Technology

10.1 Guided

10.2 Unguided

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profiles

12.1 General Dynamic Corporation

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Lockheed Martin Corporation

12.3 Thales Group

12.4 Saab AB

12.5 KBP Instrument Design Bureau

12.6 Raytheon Company

12.7 Rafael Advanced Defense Systems

12.8 MBDA

12.9 Roketsan AS

12.10 JSC SPA Bazalt

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share Analysis

13.3 Recent Developments

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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