Shoulder Fired Weapons Market: Global Industry Analysis and Forecast (2024-2030)

Shoulder Fired Weapons Market Overviews

A shoulder-fired weapon is an explosive-loaded projectile that propel itself towards a target. It is compact so that a single person is able to carry and shoot it from the shoulder. Shoulder-launched guns are usually pointed at either ground or air objectives. One of the main reasons why the shoulder-fired weapon industry is growing is because of the rise in military budgets amongst the old and new economies. In addition there is an upsurge in demand for shoulder fired weapons because of increased use of sophisticated armoured vehicles in war thus making people prefer them to traditional weapons which are expensive. It is also true that growing military budget and greater security threats have a positive impact on the market for man portable weapons. At the same time, rising anti-terrorism gun demand opens up revenue streams for industry stakeholders in the forecast period of time.

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Shoulder Fired Weapons Market Scope and Methodology:

Numerous countries are enhancing their defense systems with fresh weaponry, among them handheld firearms to increase the military power. These includes transitioning from older to more advanced and efficient systems. Shoulder-held arms are rendered more effective and preferable to any individual soldier because of improvements in these systems that include guidance mechanisms, targeting accurateness as well as payloads power. Growing international tension and conflicts in various locations have led to a demand for man-portable weapons systems. These weapons systems are acquired by countries involved in conflicts, as well as with unstable borders. Many nations buy more of those weapons for furnishing their commando or anti-terrorist squads as part of global fight against terrorism. All these factors are driving the shoulder fired weapons industry.

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Shoulder Fired Weapons Market Regional Insights

North America has the largest shoulder fired weapons market share in 2023 and is expected to lead the market during the forecast period. North America is experiencing significant growth as more R&D operations are being focused on developing new and innovative, technology-based designs for portable fighting systems. It is technological advances in the battle platform that are growing the North American shoulder-fired weapon market. The use of state-of-the-art man portable anti-tank weaponry and air defense systems gives a big advantage to the troops. All these factors are driving the shoulder fired weapons market in the region.

Shoulder Fired Weapons Market Segmentation

By Range, the market is segmented as short-range, medium-range, and long-range. The medium segment accounts for the highest share and is expected to continue the same during the forecast period. Modern armed forces have a great range of missiles, including surface-to-air missiles (SAM) and surface-to-air guided weapons in the infantry. Medium-range shoulder fixed weapon systems are considerably applicable in armed forces because of its portability, perfect target locking, and higher lethality.

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Shoulder Fired Weapons Market Key Players

Saab
Thales Group
Glock
General Dynamics
BAE Systems
Safran Group
Bharat Electronics
Northrop Grumman
Stumpp, Schuele & Somappa Springs Pvt. Ltd.

Key questions answered in the Shoulder Fired Weapons Market are:

What is Shoulder Fired Weapons?
What was the Shoulder Fired Weapons market size in 2023?
What is the growth rate of the Shoulder Fired Weapons Market?
Which are the factors expected to drive the Shoulder Fired Weapons market growth?
What are the different segments of the Shoulder Fired Weapons Market?
What growth strategies are the players considering to increase their presence in Shoulder Fired Weapons?
What are the upcoming industry applications and trends for the Shoulder Fired Weapons Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Shoulder Fired Weapons Market?
Who are the leading companies and what are their portfolios in Shoulder Fired Weapons Market?
What segments are covered in the Shoulder Fired Weapons Market?
Who are the key players in the Shoulder Fired Weapons market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
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
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