Shoulder Fired Weapons Market size was valued at USD 7.18 Bn. in 2023 and the Shoulder Fired Weapons revenue is expected to grow at a CAGR of 5.46 % from 2024 to 2030, reaching nearly USD 10.42 Bn. by 2030.

Shoulder Fired Weapons Market  Report Scope and Research Methodology

The report on the Shoulder Fired Weapons Market provides a detailed analysis of the market's scope, encompassing critical aspects such as market size, growth drivers, competitive landscape, and emerging trends across various regions. The research methodology combines primary and secondary research techniques to ensure the accuracy and reliability of the insights. Primary research involves direct interactions with industry experts, manufacturers, defense personnel, and other key stakeholders through interviews and surveys.

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What are Shoulder Fired Weapons Market  Dynamics

 The Shoulder Fired Weapons Market is shaped by several key dynamics, including increasing global defense spending, rising geopolitical tensions, and the demand for lightweight, portable, and versatile weapon systems. The market is driven by the growing need for advanced anti-tank, anti-aircraft, and infantry support weapons in both conventional and asymmetric warfare scenarios. Technological advancements, such as the development of guided shoulder-fired weapons and improved targeting systems, are further propelling market growth.

What is Shoulder Fired Weapons Market  Regional Insight

 The Shoulder Fired Weapons Market exhibits distinct growth trends across different regions, driven by varying defense priorities, geopolitical landscapes, and military modernization efforts. North America, particularly the United States, leads the market due to significant defense budgets, ongoing modernization programs, and a focus on developing advanced weapon systems. Europe also represents a substantial market share, driven by rising security concerns, increased military spending, and joint defense initiatives among EU countries. 

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What is Shoulder Fired Weapons Market  Segmentation

 By Range

Short Range

Medium Range

Long Range

By Technology

Guided

Unguided

Others

 By Component

Launcher

Ammunition

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Who are Shoulder Fired Weapons Market  Key Players

 Lockheed Martin
MBDA Holdings
Saab
Thales Group
Glock
General Dynamics
BAE Systems
Safran Group
Bharat Electronics
Northrop Grumman
Stumpp, Schuele & Somappa Springs Pvt. Ltd.
Nammo AS
Norinco (China North Industries Corporation)
RTX
General Dynamics
XX Inc.

Key Offerings:

• Past Market Size and Competitive Landscape
• Market Size, Share, Size & Forecast by different segment |
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by Product
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations 

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