Designed to make market research more actionable and strategically valuable, The Business Research Company’s 2026 market reports feature market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
#Shoulder Fired Weapons Market Forecast 2026–2030: Size, Value And Compound Annual Growth Rate#_x000D_
The shoulder fired weapons market size has experienced swift expansion recently. It is forecast to rise from $8.8 billion in 2025 to $9.79 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 11.2%. The past growth in this sector is largely due to factors such as increased military acquisition of rocket-propelled grenades for infantry modernization, a growing requirement for portable anti-armor systems in asymmetric warfare environments, technological advancements in lightweight materials that improve weapon portability, historical increases in defense budgets supporting the procurement of shoulder-fired systems, and the broadening availability of manufacturer-provided maintenance and training services during warranty periods._x000D_
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The shoulder fired weapons market is projected to experience robust expansion over the coming years, reaching $14.28 billion in 2030, driven by a compound annual growth rate (CAGR) of 9.9%. This anticipated growth during the forecast period stems from several factors, including the increasing demand for advanced shoulder-fired weapons offering improved accuracy and range, the greater integration of guided shoulder-fired systems for precise targeting, heightened investments in lightweight and ergonomic designs to boost soldier mobility, a rise in procurement by developing nations seeking affordable anti-armor solutions, and an expected increase in integrated after-sales and lifecycle support services provided with new systems. Key trends identified for this period involve the miniaturization and lightweighting of shoulder-fired weapons, the incorporation of sophisticated targeting systems, a growing preference for multi-purpose ammunition, the evolution of technologies for recoil reduction and stabilization, and the broader application in tactical and urban defense scenarios._x000D_
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#Shoulder Fired Weapons Market Growth Engine: The Factor Boosting Demand Globally#_x000D_
Heightened defense expenditures are projected to stimulate the shoulder-fired weapons market. Countries are increasing their defense budgets to uphold their power and secure their national position. Armed forces worldwide deploy shoulder-fired weapons for defense and security purposes. The deployment of these weapons provides a notable advantage to troops, enabling them to engage targets effectively without concern for strike accuracy or the weapon’s weight. For instance, in April 2024, the Stockholm International Peace Research Institute, a Sweden-based independent international institute, reported that total global military expenditure reached $2443 billion in 2023, marking an increase of 6.8 per cent in real terms from 2022. Russia’s military spending escalated by 24 per cent to an estimated $109 billion in 2023 compared to 2022. Thus, an uptick in defense expenditure is a key driver for the shoulder-fired weapons market._x000D_
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#Which Categories And Subcategories Shape The Shoulder Fired Weapons Market?#_x000D_
The shoulder fired weapons market covered in this report is segmented – _x000D_
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1) By Type: Guided, Unguided_x000D_
2) By Component: Launcher, Ammunition_x000D_
3) By Application: Defense, Home Security, Others_x000D_
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Subsegments:_x000D_
1) By Guided: Anti-Tank Guided Missiles (ATGMs), Surface-To-Air Missiles (SAMs), Precision Guided Munitions_x000D_
2) By Unguided: Rocket-Propelled Grenades (RPGs), Shoulder-Fired Rockets_x000D_
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#Shoulder Fired Weapons Market Trend Insights: Strategic Focus Areas Of Leading Companies#_x000D_
Leading companies within the shoulder-fired weapons market are concentrating on developing technological advancements, specifically lightweight, shoulder-launched missiles, to enhance infantry mobility, extend their engagement range, and boost precision against contemporary armored and fortified targets. A lightweight, shoulder-launched missile describes a portable system designed for a single soldier to carry and fire from the shoulder, equipping infantry with a compact, easy-to-transport weapon capable of precisely engaging armored vehicles, fortifications, or other objectives. For instance, in October 2024, Israel Aerospace Industries, an Israel-based aerospace and defense company, introduced the Teaser, which is notable for its resistance to electronic warfare. This missile is engineered for infantry use, combining portability with precision targeting up to 2,500 meters. Its primary advantage is an external optical guidance system that provides immunity to electronic warfare, including GPS jamming. The missile is cost-effective, simple to operate with minimal training, and versatile against personnel, light armor, and structures, positioning it as a transformative tool for modern tactical warfare._x000D_
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#Leading Organizations In The Shoulder Fired Weapons Market#_x000D_
Major companies operating in the shoulder fired weapons market are China North Industries Group Corporation, Raytheon Company, Lockheed Martin Corporation, General Dynamics Corporation, BAE Systems plc, Thales Group, Singapore Technologies Engineering Ltd., Rheinmetall AG, Saab AB, Rafael Advanced Defense Systems Ltd., Poongsan Corporation, John Cockerill, Chemring Group plc, Fabrique Nationale Herstal S.A., Mesko S.A., Bharat Dynamics Limited, Denel Land Systems, JSC Arsenal AD, AirTronic USA LLC, Instalaza S.A., Roket Sanayii ve Ticaret A.S., JSC Konstruktorskoe Buro Priborostroeniya, Giat Industries SASU _x000D_
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#Shoulder Fired Weapons Market Regional Spotlight: Top Geography And Report Coverage#_x000D_
North America was the largest region in the shoulder fired weapons market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the shoulder fired weapons market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
