Shoulder Fired Weapons

Shoulder Fired Weapons Market Outlook

The global shoulder fired weapons market is valued at approximately USD 8 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2033. This market growth can be attributed to the rising geopolitical tensions, increased defense budgets across various nations, and the growing need for portable and effective weaponry in military and law enforcement applications. The advancements in technology have also impacted the market positively, enabling the development of more sophisticated and efficient shoulder-fired systems. Increasing terrorist threats and the consequent demand for enhanced security measures further bolster the growth of this market on a global scale. Additionally, training and operational exercises involving shoulder-fired weapons are being prioritized by military organizations, ensuring a steady demand for these products in the market.

Growth Factor of the Market

The shoulder fired weapons market is driven by several growth factors that underscore the importance of portable weaponry in modern warfare and security measures. One significant factor is the evolving nature of warfare, where asymmetric conflicts often require lightweight and easily deployable weapons systems. As military forces engage in operations across diverse terrains, shoulder-fired weapons provide the adaptability and mobility needed in combat situations. Furthermore, technological advancements in weapon systems, such as guided missiles and improved targeting systems, enhance the accuracy and effectiveness of these weapons, making them more appealing to military and law enforcement agencies. The increasing focus on enhancing homeland security in various countries, particularly post-9/11, has led to a surge in demand for shoulder-fired weapons to address potential threats. Additionally, the rise in defense budgets globally has allowed governments to invest in advanced weaponry, thus propelling the market forward.

Key Highlights of the Market

• A significant increase in military budgets worldwide is driving demand for shoulder fired weapons.
• Technological innovations are enhancing the performance and effectiveness of these weapons.
• The growing focus on counter-terrorism efforts is boosting the procurement of shoulder fired weapons by law enforcement agencies.
• Emerging markets are increasingly investing in defense capabilities, resulting in a broader market for shoulder fired weapons.
• There is a rising trend of urban warfare tactics that necessitate the use of portable and efficient weaponry.

By Product Type

Anti-Tank Missiles:

Anti-tank missiles are a crucial segment of the shoulder fired weapons market, designed specifically to target and destroy armored vehicles. With advancements in guidance technology, these missiles have become more effective in penetrating modern armor, thus enhancing their operational effectiveness. The rising threats of armored warfare and the need for infantry units to possess capabilities to counter heavy armored threats have significantly spurred demand for anti-tank missiles. Military forces are continuously looking to upgrade their arsenals with lightweight and portable anti-tank solutions that can be easily transported and operated by soldiers in the field. The growing focus on providing personal defense systems to frontline troops has further contributed to the expansion of this segment.

Man-Portable Air-Defense Systems:

Man-portable air-defense systems (MANPADS) represent another vital product type within the shoulder fired weapons segment. These systems are designed to intercept and destroy low-flying aerial threats, including helicopters and unmanned aerial vehicles (UAVs). The increasing use of UAVs in modern warfare has heightened the demand for effective MANPADS, as military forces seek to protect their assets from aerial attacks. These systems are typically lightweight and can be carried by a single soldier, making them ideal for rapid deployment in combat scenarios. The proliferation of low-cost drone technology has also prompted military organizations to prioritize the acquisition of MANPADS as part of their defensive strategies.

Rocket Launchers:

Rocket launchers are versatile shoulder-fired weapons that can be used for a variety of purposes, including anti-armor, anti-air, and ground support. They are known for their simplicity and effectiveness, making them a popular choice among military and law enforcement agencies. The demand for rocket launchers has remained consistent due to their ability to deliver powerful explosive payloads quickly and accurately. Furthermore, the increasing prevalence of insurgent groups and non-state actors has necessitated the need for effective ground support weaponry, leading to an uptick in rocket launcher procurement. As military operations become more complex, the adaptability of rocket launchers to various combat scenarios enhances their value in the shoulder fired weapons market.

Anti-Materiel Rifles:

Anti-materiel rifles are specifically designed to engage and destroy equipment and vehicles rather than personnel. These weapons typically fire larger caliber rounds, enabling them to penetrate armor and disable enemy assets effectively. The rise in asymmetric warfare and the increasing use of light vehicles by opposing forces underscore the growing demand for anti-materiel rifles. Additionally, military forces recognize the strategic advantage of having the ability to engage equipment at a distance, making these rifles an essential part of modern warfare tactics. As technology progresses, the development of more sophisticated and accurate anti-materiel rifles continues to drive growth within this segment.

Grenade Launchers:

Grenade launchers represent an innovative approach to providing infantry units with enhanced firepower. These shoulder-fired weapons allow soldiers to launch grenades at a distance, providing they with the ability to engage targets without exposing themselves to direct fire. The versatility of grenade launchers, combined with their capability to deploy various types of ammunition, including smoke and flashbangs, makes them vital in both combat and law enforcement scenarios. The increasing emphasis on urban warfare tactics, where close-quarters combat is prevalent, has led to a higher demand for grenade launchers among military and security personnel. As armies around the world modernize their capabilities, the integration of grenade launchers into standard issue equipment is anticipated to contribute further to the growth of this market segment.

By Application

Military:

The military segment is the largest application area for shoulder fired weapons, driven by the necessity for effective weaponry in various combat scenarios. Armed forces around the world require reliable and portable systems that can be easily deployed by troops in the field. The rising geopolitical tensions and conflicts have prompted many nations to enhance their military capabilities, leading to increased procurement of shoulder fired weapons. Additionally, military training exercises often involve the use of these weapons, further driving demand. The continuous evolution of warfare tactics necessitates that military organizations invest in advanced shoulder fired systems to ensure operational readiness and effectiveness in various combat environments.

Law Enforcement:

Law enforcement agencies are increasingly adopting shoulder fired weapons to enhance their operational capabilities in response to rising crime rates and terrorist threats. The portability and ease of use of shoulder fired systems make them ideal for law enforcement officers who may encounter dangerous situations requiring immediate response. Additionally, anti-terrorism initiatives have led to greater emphasis on equipping law enforcement agencies with advanced weaponry capable of neutralizing threats effectively. The growing trend of urban policing, where officers often face armed confrontations, has driven the demand for reliable and efficient shoulder fired weapons to ensure the safety of both officers and civilians.

Homeland Security:

The homeland security application of shoulder fired weapons has gained prominence due to the increasing threats posed by domestic terrorism and organized crime. Governments are investing heavily in security measures to protect critical infrastructure and public areas. As a result, there is a rising demand for shoulder fired weapons that can be used by specialized units for counter-terrorism operations. These weapons provide a means to address potential threats efficiently and effectively in urban environments. The focus on enhancing the capabilities of security forces at the national level is expected to drive the growth of this segment, as authorities seek to ensure public safety and security through robust weaponry.

Civilian:

The civilian application of shoulder fired weapons, although limited, is notable in regions where self-defense and hunting are common. In certain jurisdictions, civilians may legally possess shoulder fired weapons for recreational purposes or personal protection. Additionally, the rising interest in outdoor activities, such as hunting and shooting sports, has contributed to the demand for these weapons among civilian users. However, regulatory measures surrounding firearms ownership can significantly impact this segment, as various countries impose strict laws on the sale and possession of military-grade weapons. Despite these challenges, the civilian market for shoulder fired weapons continues to exhibit potential growth, driven by changing societal attitudes towards personal safety and responsible ownership.

By Distribution Channel

Direct Sales:

Direct sales have emerged as a prominent distribution channel in the shoulder fired weapons market, particularly for military and government contracts. Manufacturers often engage in direct sales to ensure the delivery of tailored solutions that meet the specific requirements of armed forces and law enforcement agencies. This channel allows for a more personalized approach, facilitating direct communication between the manufacturers and end-users. Additionally, the direct sales model enables manufacturers to maintain closer control over pricing, product specifications, and after-sales support, which can be crucial for clients seeking long-term relationships. As a result, the direct sales approach is anticipated to remain a critical aspect of market growth in the coming years.

Distributors:

Distributors play a vital role in the shoulder fired weapons market by serving as intermediaries between manufacturers and end-users. They facilitate the distribution of products to a diverse range of clients, including military organizations, law enforcement agencies, and civilians. Distributors often possess extensive networks and market knowledge, allowing them to effectively promote and sell shoulder fired weapons. The convenience offered through distributors, such as inventory management and logistics support, makes them an essential part of the supply chain. Furthermore, as global defense spending increases, distributors are likely to capitalize on the growing demand for shoulder fired weapons by expanding their product offerings and enhancing their distribution capabilities.

Online Retail:

Online retail has become an increasingly important distribution channel for shoulder fired weapons, as digital platforms enable manufacturers and retailers to reach a broader audience. E-commerce provides convenience for customers seeking to purchase weapons and related accessories, allowing them to compare products and prices from the comfort of their homes. Additionally, online retail has the potential to cater to niche markets, including civilian buyers interested in self-defense or recreational shooting. However, the regulation of online sales of firearms can vary significantly across jurisdictions, impacting the growth prospects of this channel. Despite these challenges, the online retail segment is expected to continue evolving, driven by advancements in technology and changing consumer preferences.

By Propulsion Type

Guided:

Guided shoulder fired weapons are designed to offer enhanced accuracy and precision, making them a preferred choice for military and law enforcement applications. These systems utilize advanced targeting technology, enabling users to engage moving targets effectively from considerable distances. The demand for guided propulsion weapons has surged as armed forces seek to minimize collateral damage in combat situations while ensuring mission success. Moreover, technological advancements in guidance systems have led to the development of more compact and lightweight guided weapons that can be easily operated by individual soldiers. As military strategies evolve to emphasize precision engagement, guided shoulder fired weapons are anticipated to gain prominence in the market.

Unguided:

Unguided shoulder fired weapons remain a significant segment of the market, particularly due to their simplicity and cost-effectiveness. These weapons are often favored for close-combat situations where rapid fire and ease of use are paramount. Unguided systems, such as certain types of rocket launchers and grenade launchers, are highly effective in delivering explosive payloads to a target area without the need for complex targeting systems. The military's continued reliance on unguided weapons for specific applications, especially in urban warfare scenarios, ensures that this segment will continue to play a vital role in the overall shoulder fired weapons market. With advances in technology, manufacturers are also exploring ways to enhance the performance of unguided systems, further contributing to their appeal.

By Region

North America holds a significant share of the shoulder fired weapons market, accounting for approximately 35% of the global market value. The presence of advanced defense infrastructure and a well-established military industrial base drives demand in this region. The U.S. Department of Defense's extensive budget allocations for defense procurement and modernization efforts directly contribute to the growth of this market segment. Furthermore, North American law enforcement agencies are increasingly equipping officers with shoulder fired weapons to address growing security concerns, leading to sustained demand. The region is expected to maintain a strong growth trajectory, with a projected CAGR of 6.2% during the forecast period.

In Europe, the shoulder fired weapons market is experiencing growth, driven by increasing defense budgets and the need for enhanced security capabilities among EU nations. The market is projected to grow at a CAGR of 4.5% through 2033, as European countries invest in modernizing their armed forces in response to emerging threats. The rising emphasis on counter-terrorism and border security is further fueling demand for shoulder fired weapons among law enforcement agencies across the region. Countries such as the United Kingdom, France, and Germany are expected to lead the market due to their substantial defense expenditures and commitment to upgrading their military capabilities.

Opportunities

The shoulder fired weapons market is ripe with opportunities driven by the ongoing shifts in geopolitical landscapes and defense strategies. Emerging economies are increasingly focusing on strengthening their military capabilities, resulting in a higher demand for effective portable weapon systems. Governments in regions such as Asia Pacific and Latin America are likely to enhance their armed forces' capabilities amid growing security threats. This presents a substantial opportunity for manufacturers to expand their market presence and cater to the specific needs of these growing defense markets. Furthermore, as countries continue to invest in advanced technologies, the integration of smart features into shoulder fired weapons can enhance their effectiveness, creating potential avenues for innovation and growth.

Moreover, the increasing focus on urban warfare tactics necessitates the development of shoulder fired weapons tailored for densely populated environments. This demand for urban-specific solutions could drive manufacturers to innovate and adapt their product lines accordingly. There is also a growing trend towards procuring dual-use products that can serve both military and civilian applications. As the lines between defense and security continue to blur, manufacturers can explore opportunities in developing versatile weapon systems that cater to diverse user needs, thus driving market growth. Collaborative efforts between governments and defense contractors to develop next-generation shoulder fired weapons can also unlock significant potential in this market segment.

Threats

Despite the promising growth prospects, the shoulder fired weapons market faces several threats that could hinder its expansion trajectory. One major concern is the growing regulatory scrutiny surrounding the sale and possession of firearms globally. Increasingly stringent regulations aimed at controlling the proliferation of arms can restrict market access and affect demand for shoulder fired weapons, particularly in civilian markets. This regulatory landscape is often influenced by public sentiment towards gun control, which can lead to unpredictable shifts in demand. Additionally, geopolitical tensions and trade disputes can impact international arms trade, affecting manufacturers' ability to supply products across borders and leading to potential revenue losses.

Moreover, the emergence of alternative technologies, such as non-lethal weapons and advanced surveillance systems, may present competition to traditional shoulder fired weapons. As military and law enforcement agencies explore a wider range of options for addressing security challenges, there is a risk that the demand for conventional shoulder fired systems could decline. Furthermore, the threat posed by illicit arms trafficking and the proliferation of unregulated weapons can undermine legitimate markets by creating an oversupply of low-cost alternatives. Manufacturers must navigate these challenges by adapting their strategies and investing in innovative solutions that align with evolving market demands and regulatory frameworks.

Competitor Outlook

• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies
• General Dynamics Corporation
• Boeing Defense, Space & Security
• Thales Group
• Saab AB
• Diehl Defence
• Rheinmetall AG
• BAE Systems
• Elbit Systems Ltd.
• FN Herstal
• Smith & Wesson Brands, Inc.
• Heckler & Koch GmbH
• Beretta Holding S.P.A.

The competitive landscape of the shoulder fired weapons market is characterized by a diverse array of players ranging from established defense contractors to specialized manufacturers. The presence of major companies such as Lockheed Martin and Raytheon Technologies underscores the significance of this market in the broader defense sector. These companies have extensive experience in defense procurement and often collaborate with governments to develop cutting-edge weapon systems tailored to specific operational needs. The competition is further amplified by the continuous advancements in technology, pushing manufacturers to innovate and enhance the performance of their shoulder fired weapons to meet the evolving demands of military and law enforcement applications.

Many companies are investing significantly in research and development to create next-generation shoulder fired weapons that integrate advanced targeting systems and improved guidance technologies. Additionally, the trend of collaboration and partnerships within the industry has gained traction, as companies seek to leverage each other's strengths to deliver superior products. International defense collaborations also play a critical role in expanding market reach, particularly as countries aim to enhance their domestic military capabilities. Furthermore, the competition is not limited to traditional defense contractors; emerging players focusing on innovative solutions and niche markets are also entering the fray, enriching the overall competitive landscape.

Among the key players in the shoulder fired weapons market, companies like Northrop Grumman and General Dynamics stand out for their extensive portfolios of advanced weapon systems. Northrop Grumman, for example, is known for its expertise in missile systems, including man-portable air-defense systems. The company has positioned itself as a leader in precision-guided munitions, catering to the increasing demand for accuracy in military engagements. General Dynamics, on the other hand, leverages its broad defense capabilities to develop versatile shoulder fired weapons that meet the diverse operational requirements of modern armed forces. Their commitment to innovation and adapting to changing combat scenarios is a hallmark of their competitive approach in the market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Saab AB
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 FN Herstal
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 BAE Systems
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Thales Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Diehl Defence
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Rheinmetall AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Elbit Systems Ltd.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Heckler & Koch GmbH
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Raytheon Technologies
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Beretta Holding S.P.A.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Lockheed Martin Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Smith & Wesson Brands, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 General Dynamics Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Northrop Grumman Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Boeing Defense, Space & Security
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Shoulder Fired Weapons Market, By Application
    • 6.1.1 Military
    • 6.1.2 Law Enforcement
    • 6.1.3 Homeland Security
    • 6.1.4 Civilian
  • 6.2 Shoulder Fired Weapons Market, By Product Type
    • 6.2.1 Anti-Tank Missiles
    • 6.2.2 Man-Portable Air-Defense Systems
    • 6.2.3 Rocket Launchers
    • 6.2.4 Anti-Materiel Rifles
    • 6.2.5 Grenade Launchers
  • 6.3 Shoulder Fired Weapons Market, By Propulsion Type
    • 6.3.1 Guided
    • 6.3.2 Unguided
  • 6.4 Shoulder Fired Weapons Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributors
    • 6.4.3 Online Retail

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Shoulder Fired Weapons Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Shoulder Fired Weapons market is categorized based on

By Product Type

• Anti-Tank Missiles
• Man-Portable Air-Defense Systems
• Rocket Launchers
• Anti-Materiel Rifles
• Grenade Launchers

By Application

• Military
• Law Enforcement
• Homeland Security
• Civilian

By Distribution Channel

• Direct Sales
• Distributors
• Online Retail

By Propulsion Type

• Guided
• Unguided

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies
• General Dynamics Corporation
• Boeing Defense, Space & Security
• Thales Group
• Saab AB
• Diehl Defence
• Rheinmetall AG
• BAE Systems
• Elbit Systems Ltd.
• FN Herstal
• Smith & Wesson Brands, Inc.
• Heckler & Koch GmbH
• Beretta Holding S.P.A.