Exclusive Report On Shoulder Fired Weapons Market Size will Witness Substantial Growth By 2032 || Lockheed Martin Corporation, Thales Group, Saab AB, MBDA, Raytheon Company, Rafael Advanced Defense Systems, Denel Soc Ltd

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the shoulder fired weapons market report by The Business Research Company, the increase in defense expenditures is expected to drive the shoulder-fired weapons market. The defense expenditure is increasing to remain in power and secure the position of a country. Armed forces use shoulder-fired weapons throughout the world for defense and safety. The use of shoulder-fired weapons gives a considerable advantage to troops by engaging targets without worrying about the strike's accuracy and the weapon's weight.

The global shoulder fired weapons market size grew from $6.52 billion in 2022 to $7.47 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The shoulder fired weapons market size is expected to grow to $11.97 billion in 2027 at a CAGR of 12.5%.

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Major competitors in the shoulder fired weapons market include Lockheed Martin Corporation, Thales Group, Saab AB, MBDA, Raytheon Company, Rafael Advanced Defense Systems, Denel Soc Ltd., JSC SPA Bazalt, Roketsan AS, General Dynamic Corporation, AirTronic USA LLC, BAE Systems PLC.

The shoulder fired weapons market is segmented -

• By Type: Guided, Unguided

• By Component: Launcher, Ammunition

• By Application: Defense, Home Security, Others

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the shoulder fired weapons market.

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The shoulder fired weapons market consists of sales of rocket-propellant grenade and bazooka. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Shoulder Fired Weapons Market Include:
1. Executive Summary
2. Shoulder Fired Weapons Market Characteristics
3. Shoulder Fired Weapons Market Trends And Strategies
4. Shoulder Fired Weapons Market - Macro Economic Scenario
5. Shoulder Fired Weapons Market Size And Growth
6. Shoulder Fired Weapons Market Segmentation
..........
27. Shoulder Fired Weapons Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Shoulder Fired Weapons Market
29. Shoulder Fired Weapons Market Future Outlook And Potential Analysis
30. Appendix

The "Global Shoulder Fired Weapons Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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