How big is the Shoulder-fired Weapons Market?

The Shoulder-fired Weapons Market size is expected to reach USD 7.20 billion in 2024 and grow at a CAGR of 5.34% to reach USD 9.34 billion by 2029. Read More

What is the current Shoulder-fired Weapons Market size?

In 2024, the Shoulder-fired Weapons Market size is expected to reach USD 7.20 billion. Read More

Who are the key players in Shoulder-fired Weapons Market?

Saab AB, Lockheed Martin Corporation, General Dynamics Corporation, MBDA and RTX Corporation are the major companies operating in the Shoulder-fired Weapons Market. Read More

Which is the fastest growing region in Shoulder-fired Weapons Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Shoulder-fired Weapons Market?

In 2024, the North America accounts for the largest market share in Shoulder-fired Weapons Market. Read More

What years does this Shoulder-fired Weapons Market cover, and what was the market size in 2023?

In 2023, the Shoulder-fired Weapons Market size was estimated at USD 6.82 billion. The report covers the Shoulder-fired Weapons Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Shoulder-fired Weapons Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Shoulder Fired Weapons Market - Share, Size & Industry Forecast

Shoulder Fired Weapons Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Shoulder-Fired Weapons Market is Segmented by Technology (Guided, Unguided), Range (Short, Medium, Long), Assembly Type (Projectile, Launcher), and Geography (North America (United States, Canada), Europe (United Kingdom, Germany, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), and Middle East and Africa (United Arab Emirates, Saudi Arabia, Rest of Middle East and Africa)). The Report Offers Market Sizes and Forecasts for all the Above Segments in Value (USD).

Shoulder-fired Weapons Market Industry Overview

The shoulder-fired weapons market is characterized by a notable fragmentation, with key players like RTX Corporation, Saab AB, General Dynamics Corporation, Lockheed Martin Corporation, and MBDA commanding significant market shares.

These companies are bolstering their market presence by forging partnerships with local entities, a strategy to secure lucrative contracts within those nations. Their dominance is underpinned by robust portfolios, extensive international agreements, and a commitment to innovation. Noteworthy collaborations, exemplified by the Javelin system jointly developed by RTX Corporation and Lockheed Martin Corporation, alongside their adeptness at tailoring products to meet specialized military requirements, solidify their market leadership. By consistently winning high-value contracts and channeling investments into technological advancements, these firms maintain their top positions and set the stage for future growth in the shoulder-fired weapons market.