Global Shoulder-fired Weapons Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Guided and Unguided

By Range;

Short, Medium, and Long

By Assembly Type;

Projectile and Launcher

By Application;

Defense, Home Security, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn704455662 Published Date: May, 2025 Updated Date: June, 2025

Shoulder-fired Weapons Market Overview

Shoulder-fired Weapons Market (USD Million)

Shoulder-fired Weapons Market was valued at USD 8,839.44 million in the year 2024. The size of this market is expected to increase to USD 12,604.77 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.


Global Shoulder-fired Weapons Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.2 %
Market Size (2024)USD 8,839.44 Million
Market Size (2031)USD 12,604.77 Million
Market ConcentrationMedium
Report Pages365
8,839.44
2024
12,604.77
2031

Major Players

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

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Shoulder-fired Weapons Market

Fragmented - Highly competitive market without dominant players


The shoulder-fired weapons market is witnessing strong momentum as defense forces increasingly prioritize lightweight, high-impact, and mobile weaponry. Systems like rocket-propelled grenades and man-portable air-defense solutions are becoming critical due to their ease of use in dynamic combat environments. Today, nearly 40% of infantry units incorporate shoulder-fired technologies to tackle urban and irregular warfare challenges.

Modernization Drives System Advancements
Global defense upgrades are accelerating the adoption of next-generation shoulder-fired platforms equipped with advanced targeting and recoil-reducing features. These enhancements contribute to increased operational efficiency, particularly in rapid-response scenarios. Over 55% of current military procurement plans emphasize the integration of man-portable systems for enhanced battlefield maneuverability and performance.

Strategic Role in Asymmetric Warfare
The growing utility of shoulder-fired weapons in counter-insurgency and close-quarter missions is significantly boosting their deployment. Designed for precision and minimal collateral damage, these systems are preferred for missions in tight and rugged operational spaces. As a result, about 35% of elite combat units prioritize their use in specialized operations requiring quick, decisive action.

Innovation Fuels Market Transformation
Rapid technological progress is reshaping the effectiveness of shoulder-fired systems, with key innovations in targeting intelligence, composite materials, and digital guidance. These developments are not only increasing lethality but also improving user safety and system reliability. Currently, close to 50% of investments in portable defense technologies are focused on enhancing the capabilities of shoulder-fired weapon systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Range
    3. Market Snapshot, By Assembly Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Shoulder-fired Weapons Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Modernization of Military Forces
        2. Increasing Threat of Terrorism
        3. Geopolitical Tensions
        4. Technological Advancements
      2. Restraints
        1. Stringent Export Controls
        2. High Development Costs
        3. Risk of Misuse and Proliferation
        4. Competition from Other Weapon Systems
      3. Opportunities
        1. Growing Demand for Lightweight and Portable Systems
        2. Integration of Smart Technologies
        3. Focus on Urban Warfare
        4. Rising Investments in Counter-Drone Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Shoulder-fired Weapons Market, By Technology, 2021 - 2031 (USD Million)
      1. Guided
      2. Unguided
    2. Shoulder-fired Weapons Market, By Range, 2021 - 2031 (USD Million)
      1. Short
      2. Medium
      3. Long
    3. Shoulder-fired Weapons Market, By Assembly Type, 2021 - 2031 (USD Million)
      1. Projectile
      2. Launcher
    4. Shoulder-fired Weapons Market, By Application, 2021 - 2031 (USD Million)
      1. Defense
      2. Home Security
      3. Others
    5. Shoulder-fired Weapons Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Airtronic Usa LLC
      2. Barrett
      3. Lockheed Martin Corporation
      4. MBDA
      5. Nammo AS
      6. Rafael Advanced Defense Systems Ltd
      7. Raytheon Technologies Corporation
      8. Roketsen
      9. Saab AB
  7. Analyst Views
  8. Future Outlook of the Market