Global Shoulder-fired Weapons market cagr 8.9%

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Shoulder-fired Weapons Market

Shoulder-fired Weapons Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Shoulder-fired Weapons Market Size and Growth

The global shoulder-fired weapons market is expected to reach a value of $5.2 billion by 2025, with a CAGR of 4.5% during the forecast period. Increasing defense budgets, ongoing military modernization programs, and rising geopolitical tensions are driving the demand for shoulder-fired weapons across the world.

Companies Covered

(Covid 19 Impact Covered)

◍ Saab AB

◍ The Raytheon Company

◍ Lockheed Martin

◍ Rafael Advanced Defense Systems

◍ Thales Group

◍ MBDA Holdings

◍ JSC SPA Bazalt

◍ Nammo AS

◍ KBP Instrument Design Bureau

◍ JSC KBM

◍ Norinco(China North Industries Corporation)

◍ Denel SOC Ltd

◍ Roketsan A.S

The shoulder-fired weapons market is highly competitive with key players such as Saab AB, Raytheon, Lockheed Martin, Rafael Advanced Defense Systems, and more. These companies provide a wide range of shoulder-fired weapons such as missile systems, man-portable air defense systems, and rocket launchers, contributing to the growth of the market.

- Saab AB: Sales revenue of $3.7 billion

- Raytheon Company: Sales revenue of $29.2 billion

- Lockheed Martin: Sales revenue of $53.8 billion

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Market Segmentation

By Application

Defense

Home Security

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By Product

Short Range Shoulder-fired Weapons

Medium Range Shoulder-fired Weapons

Extended Range Shoulder-fired Weapons

Market Growth

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$ X Billion USD

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Global Shoulder-fired Weapons market cagr 8.9% by ReportPrime - Issuu