Shoulder-fired Weapons Market 2021 Facts, Figures and Analytical Insights - Lockheed Martin Corporation, BAE Systems, Raytheon Technologies Corporation

The Shoulder-fired Weapons Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The shoulder-fired weapons market is expected to exhibit a CAGR of over 6% during the forecast period (2020 - 2025).

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Top Leading Companies of Shoulder-fired Weapons Market are Saab AB, Lockheed Martin Corporation, BAE Systems, Raytheon Technologies Corporatiom, General Dynamics Corporation, MBDA, Rafael Advanced Defense Systems Ltd, Rheinmetall AG, ROKETSAN, Bharat Dynamics Limited, AirTronic USA LLC and others.

Key Market Trends

Asia-Pacific to Record the Highest Growth Rate During the Forecast Period

Asia-Pacific has some of the largest importers of arms, such as India, China, Pakistan, and South Korea. China's and India's defense budgets for 2019 were USD 177.5 billion and USD 60.9 billion, respectively. The market for shoulder-fired weapons in these two countries is driven by innovations and imports. India acquired 210 shoulder-fired Spike anti-tank missiles and 12 launchers for USD 39 million from the Israeli firm, Rafael Advanced Defense Systems Ltd, in 2019. In 2018, India also signed a deal worth USD 1.5 billion with Russia's KB Mashinostroyeniya for the procurement of Igla S shoulder fired surface-to-air weapon system as part of its Very Short Range Air Defense (VSHORAD) program. China is a major developer of shoulder-fired weapons, and it is investing in the development of smart sensor-based weapons that can differentiate between foe, friend, and neutral targets, to reduce the accidental shooting of civilian aircraft and vehicles, which is rising in the region. China's shoulder-fired MANPADS FN-6 are available in 5 variants for different uses, and they are exported to 10 countries, including Bangladesh, Pakistan, Malaysia, Sudan, and Qatar.

Regional Outlook of Shoulder-fired Weapons Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Shoulder-fired Weapons Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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