Emerging Anti-Tank Rifles Market Trends: The Increase In Defense Expenditures The Growth Of The Market Due To Rising Geopolitical Tensions And Cost-Effective Armored Threat Solutions Shaping the Future of the Industry

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Anti-Tank Rifles Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size of anti-tank rifles has significantly expanded. An increase from $3.31 billion in 2024 to $3.58 billion in 2025 is projected, with an impressive compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be linked to a surge in cross-border military conflicts, an escalating demand for portable anti-armor capabilities, an uptick in asymmetric warfare situations, more deployment in special forces units, increased investments in border security operations, and a greater availability of surplus and modernized units.

How Will the Anti-Tank Rifles Market Size Evolve and Grow by 2029?
The anti-tank rifles market is anticipated to experience robust growth in the forthcoming years, reaching a forecast size of $4.80 billion by 2029 with a 7.7% compound annual growth rate (CAGR). This projected increase during the forecast period is due to a growing focus on cost-efficient anti-armor alternatives, escalating demand for multi-purpose infantry weapons, and an increased use in urban warfare situations. Additionally, the emerging threat of hybrid warfare and non-government militias, along with growing cross-border tensions and regional conflicts, contribute to this growth. Significant trends for the forecast period encompass the development of long-range precision capabilities, the integration of real-time target acquisition networks, advancements in stealth firing mechanisms, innovation in modular rifle designs, development of multi-caliber rifle platforms, and synchronization with soldier-wearable systems.

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What Drivers Are Propelling the Growth of Anti-Tank Rifles Market Forward?
The escalation of geopolitical disputes and conflicts is projected to drive the expansion of the anti-tank rifles market. The term 'geopolitical tensions and conflicts' refers to hostilities and disagreements between countries or regions, primarily fueled by political, economic, or territorial motives. The increased clash for control of valuable land, resources and strategic locations is what amplifies geopolitical tensions. The utility of anti-tank rifles in these scenarios can shift power dynamics on the battlefield, enabling forces to combat armored threats and influencing strategic choices. For example, per Euronews SA, a television network from France, geopolitical disputes magnified significantly in 2024, with political violence seeing an uptick of 25% compared to 2023. This impacted one of every eight individuals and caused an estimated death toll of roughly 223,000, along with a 37% surge in cumulative fatalities. Thus, the escalating geopolitical tensions and conflicts are spurring the growth of the anti-tank rifles market.

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Which Emerging Trends Are Transforming the Anti-Tank Rifles Market in 2025?
The anticipated expansion of the anti-tank rifles market is fueled by an escalation in defense budgets. The term "Defense expenditures" signifies the total financial resources that a government designates for the upkeep and development of its military forces, military operations, and related defense activities. Such increases in defense spending are largely attributed to the growing geopolitical tensions and disputes, prompting countries to enhance their military prowess. The cost-effective and transportable nature of anti-tank rifles supports defense spending by providing an alternative to more pricey hefty weaponry and vehicle deployments. To illustrate, the Stockholm International Peace Research Institute (SIPRI), an international research institute based in Sweden specializing in arms control, arms transfers, and non-proliferation, reported in April 2023 that Russian military expenditure in 2022 surged by an estimated 9.2% to about $86.4 billion, making up 4.1% of the nation's GDP, a rise from 3.7% in 2021. Thus, the surge in defense budgets fuels the growth of the anti-tank rifles market.

What Are the Key Segments in the Anti-Tank Rifles Market?
The anti-tank rifles market covered in this report is segmented -

1) By Type Of Anti-Tank Rifle: Single-Shot Anti-Tank Rifles, Repeater Anti-Tank Rifles, Semi-Automatic Anti-Tank Rifles, Automatic Anti-Tank Rifles
2) By Technology: Caseless Propulsion, Conventional Propulsion
3) By Caliber Size: Low-Caliber Anti-Tank Rifles (up to.50 caliber), Medium-Caliber Anti-Tank Rifles (between.50 caliber and 20mm), High-Caliber Anti-Tank Rifles (greater than 20mm)
4) By Material: Steel Anti-Tank Rifles, Aluminium Anti-Tank Rifles, Composite Material Anti-Tank Rifles
5) By End User: Homeland Security, Law Enforcement, Military

Subsegments:
1) By Single-Shot Anti-Tank Rifles: Bolt-Action Single-Shot Rifles, Break-Action Single-Shot Rifles
2) By Repeater Anti-Tank Rifles: Lever-Action Repeater Rifles, Pump-Action Repeater Rifles, Bolt-Action Repeater Rifles
3) By Semi-Automatic Anti-Tank Rifles: Gas-Operated Semi-Automatic Rifles, Recoil-Operated Semi-Automatic Rifles
4) By Automatic Anti-Tank Rifles: Fully Automatic Anti-Tank Rifles, Select-Fire Anti-Tank Rifles

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Who Are the Key Players Shaping the Anti-Tank Rifles Market's Competitive Landscape?
Major Companies operating in the anti-tank rifles market are Rheinmetall AG, Saab AB, Elbit Systems Ltd., MBDA Missile Systems, Roketsan A.S., Aselsan, Fabrique Nationale Herstal S.A., Accuracy International Ltd., Steyr Mannlicher GmbH & Co KG, Denel Land Systems Proprietary Limited, Israel Weapon Industries (IWI) Ltd., Barrett Firearms Manufacturing Inc., Arsenal JSCo, Cadex Defence Company Inc., SERO International Ltd., Česká zbrojovka a.s., Zbrojovka Vsetín Inc., McMillan Firearms Manufacturing Inc., Victrix Armaments Srl, KBP Instrument Design Bureau

What Geographic Markets Are Powering Growth in the Anti-Tank Rifles Market?
North America was the largest region in the Anti-Tank Rifle market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anti-tank rifles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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