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Shoulder Fired Weapons Market Size, Share, Analysis, Growth, Trend, Thriving Worldwide With Top Key Players |CAGR at a 4.8% -2026

Key Players

Lockheed Martin Corporation (US), Roketsan AS (Turkey), Saab AB (Sweden), Raytheon Company (US), Rafael Advanced Defense Systems Ltd (Israel), Thales Group (France), and JSC SPA Bazalt (Russia) are some reputed companies in the shoulder fired weapons market that are listed by MRFR.

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Market Scenario

Market Research Future (MRFR) assessed the Global Shoulder Fired Weapons Market 2020 for the assessment period from 2019 to 2026.

The shoulder fired weapon market is expected to rise at 4.8% CAGR across the analysis period. By 2026, the shoulder fired weapon market value can touch USD 8.57 Bn. The portable weapon system market can surge at high pace due to increase in their demand for lightly armed troops to improve military mobility.

Military bases, destroy enemy helicopters, and armored vehicles are gaining traction for shoulder fired weapons that can favor the market in the near future. The increase in demand for shoulder fired weapons for several destruction can promote the market surge. In addition, the shoulder fired weapons market surge can be credited to the escalation in defense expenditure, rise in demand for portable anti-tank weapons, and increase in demand for lightweight weapons can promote the market surge. The upsurge in need for portable anti-tank weapons and increase in demand for such equipment in emerging nations can favor the market rise.

Market Segmentation

Type and platform-based segment study is conducted for the shoulder fired weapon market.

The Type-based segments of the shoulder fired weapon market are guided and unguided. The guided segment can register considerable CAGR to earn decent value. Guided shoulder fired weapons design enable hit at specific targets with high precision and minimize collateral damage, thus boosting their demand. This can favor the shoulder fired weapon market expansion in the near future. The unguided segment can surge as conventional shoulder fired weapons are affordable and lightweight.

The Platform-based segments of the shoulder fired weapon market are Short Range (less than 1Km), High Range (more than 5km), and Medium Range (between 1km and 5km). The short range segment can rise at steady pace in due to easy of destroying military armored vehicles at such short distance.  The medium range segment can dominated the global shoulder-fired weapons market. The increase in the adoption of medium-range weapons can also boost the market.

Regional Study

In North America, the shoulder fired weapons market can dominate through the study years. The surge in the adoption of shoulder fired weapons by Canada and the US that aid in better performance on military missions can drive the market expansion.

In Europe, the shoulder fired weapon market can hold decent share due to the co-existence of renowned players, such as KBP Instrument Design Bureau, JSC SPA Bazalt, Saab AB, and MBDA Holdings SAS and their investments to upgrade advanced shoulder fired weapons can support the market rise in the approaching years.

In Asia Pacific, the shoulder fired weapons market can thrive due to surge in terrorist activities in across India, and Australia among other regions of APAC.

In Middle East & Africa, the hike in defense expenditures by Saudi Arabia and the UAE among other countries of the region can favor the regional market rise.

In Latin America, the rise in deployment of portable weapon system by reputed defense organizations across Mexico and Brazil can bolster regional shoulder fired weapons market in the near future.

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Table of Contents

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1 PORTER’S FIVE FORCES ANALYSIS

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

5 GLOBAL,Shoulder Fired Weapons Market, BY PLATFORM

Continued….

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

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Pune – 411028

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