Shoulder-Fired Weapons Market Size, Growth and Forecast 2025-2033

IMARC Group’s report titled “Shoulder-Fired Weapons Market Report by Technology (Guided, Unguided), Range (Short, Medium, Long), Assembly Type (Projectile, Launcher), Application (Defense, Home Security, and Others), and Region 2025-2033”, The global shoulder-fired weapons market size reached USD 7.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.2 Billion by 2033, exhibiting a growth rate (CAGR) of 4.87% during 2025-2033.

Factors Affecting the Growth of the Shoulder-Fired Weapons Industry:

• Growing Military Spending:

The shoulder-fired weapons market is growing as countries increase their military budgets. Rising global tensions are pushing nations, especially in Asia-Pacific and the Middle East, to upgrade their defense systems. Governments are investing in modern shoulder-fired weapons like anti-tank missiles and portable air-defense systems. These weapons are lightweight, easy to carry, and effective in battle. As military budgets continue to rise, demand for these weapons will grow.

• New Technology and Innovation:

Technology is improving shoulder-fired weapons, making them more advanced and user-friendly. Modern systems now have smart targeting, better guidance, and lightweight materials. These upgrades help soldiers hit targets more accurately and operate weapons more easily in different environments. Some new weapons are even designed to be upgraded or customized. With ongoing improvements, demand for high-tech shoulder-fired weapons will continue to increase.

• Concerns Over Use by Non-State Groups:

Another challenge in this market is the rising use of shoulder-fired weapons by non-state groups like insurgents and terrorists. These weapons are sometimes sold on the black market, making them harder to control. This is especially a problem in conflict areas with weak regulations. Governments and international organizations are working on stricter rules to stop illegal weapon sales and reduce security risks.

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Leading Companies Operating in the Global Shoulder-Fired Weapons Industry:

• Airtronic Usa LLC
• Barrett
• Lockheed Martin Corporation
• MBDA
• Nammo AS
• Rafael Advanced Defense Systems Ltd
• Raytheon Technologies Corporation
• Roketsen
• Saab AB

Shoulder-Fired Weapons Market Report Segmentation:

Breakup by Technology:

• Guided
• Unguided

Guided: Currently holds the largest market share, utilizing advanced targeting technology to enhance accuracy and effectiveness against moving targets.

Breakup by Range:

• Short
• Medium
• Long

Medium: Holds the largest demand, allowing effective engagement of targets at distances of 300-600 meters while maintaining mobility.

Breakup by Assembly Type:

• Projectile
• Launcher

Projectile: Currently dominates the market, designed to effectively engage targets with various warheads for diverse combat scenarios.

Breakup by Application:

• Defense
• Home Security
• Others

Defense: Holds the largest market value, crucial for targeting armored vehicles and personnel in diverse battlefield conditions.

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America: Currently dominates the market due to high defense spending, advanced military technologies, and a focus on modernization.

Shoulder-Fired Weapons Market Trends:

The shoulder-fired weapons market is changing with new trends. The focus is on making weapons lighter and easier to carry, helping soldiers move quickly in combat. Unmanned systems like drones are also influencing weapon designs. Some companies are exploring eco-friendly materials to reduce the environmental impact of military equipment. With ongoing global conflicts, the demand for these weapons is expected to remain high in the coming years.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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