PUBLISHER: Aviation & Defense Market Reports (A&D) | PRODUCT CODE: 1490828
PUBLISHER: Aviation & Defense Market Reports (A&D) | PRODUCT CODE: 1490828
Global Shoulder Fired Missiles Market 2024-2034
The global Shoulder Fired Missiles market is estimated at USD 17.86 billion in 2024, projected to grow to USD 26.12 billion by 2034 at a Compound Annual Growth Rate (CAGR) of 3.87% over the forecast period 2024-2034.
Introduction to Shoulder Fired Missiles Market
The global shoulder-fired missiles market represents a critical segment within the broader defense industry, providing portable and highly effective anti-aircraft and anti-tank capabilities to military forces and security organizations worldwide. Shoulder-fired missiles, also known as man-portable air-defense systems (MANPADS) or anti-tank guided missiles (ATGMs), are compact and versatile weapons designed to be operated by a single soldier or small team. These missiles offer rapid response capabilities against a variety of airborne threats, including helicopters, fixed-wing aircraft, and unmanned aerial vehicles (UAVs), as well as armored vehicles and fortified positions on the ground.
Technology Impact in Shoulder Fired Missiles Market
Technological advancements have had a profound impact on the shoulder-fired missiles market, enhancing their performance, accuracy, and versatility. One of the most significant technological innovations is the development of advanced guidance systems. Modern shoulder-fired missiles are equipped with sophisticated guidance systems, including infrared (IR), laser, and radio-frequency (RF) seekers, which enable precise targeting and engagement of enemy assets. Infrared seekers detect the heat signatures emitted by targets, allowing missiles to track and intercept airborne threats with high accuracy. Laser guidance systems use laser beams to designate targets, providing pinpoint accuracy even in adverse weather conditions or against fast-moving targets. RF guidance systems, on the other hand, rely on radio signals to guide missiles to their intended targets, offering a robust alternative to traditional guidance methods.
Miniaturization and advancements in propulsion technology have also played a significant role in shaping the shoulder-fired missiles market. Miniaturization has led to the development of more compact and lightweight missile systems, enhancing their portability and ease of use for infantry units and special operations forces. At the same time, improvements in propulsion systems have increased the speed, range, and maneuverability of shoulder-fired missiles, enabling them to engage targets at extended distances and from various angles. These advancements have expanded the operational capabilities of shoulder-fired missiles, making them indispensable assets for modern military operations.
Key drivers in Shoulder Fired Missiles Market
The proliferation of asymmetric warfare and the evolving threat landscape are key drivers of growth in the shoulder-fired missiles market. In recent years, non-state actors and insurgent groups have increasingly relied on unconventional tactics and asymmetric warfare to challenge conventional military forces. Shoulder-fired missiles offer these groups a cost-effective means of countering technologically superior adversaries, posing significant threats to both military and civilian assets. As a result, governments and defense organizations worldwide are investing in advanced shoulder-fired missile systems to enhance their air defense and anti-tank capabilities and mitigate the risks posed by asymmetric threats.
Moreover, increasing defense budgets, geopolitical tensions, and territorial disputes are driving demand for shoulder-fired missiles across various regions. In regions characterized by security challenges, such as the Middle East, South Asia, and parts of Africa, governments are prioritizing the acquisition of advanced missile systems to bolster their defense capabilities and deter potential aggressors. Additionally, the proliferation of unmanned aerial vehicles (UAVs) and the growing threat of drone attacks have underscored the importance of shoulder-fired missiles as a reliable means of countering airborne threats in both military and civilian environments.
Regional Trends in Shoulder Fired Missiles Market
Regional trends in the shoulder-fired missiles market reflect the diverse defense needs and priorities of different regions. In North America and Europe, established defense industries and military alliances drive investment in advanced missile technologies, including shoulder-fired missiles. These regions prioritize the development and procurement of cutting-edge missile systems to maintain strategic superiority and counter emerging threats. In the Asia-Pacific region, rising defense spending and geopolitical tensions are fueling demand for shoulder-fired missiles, particularly in countries like China, India, and South Korea. These nations are investing in advanced missile systems to modernize their armed forces and safeguard their territorial interests in the face of evolving security challenges. Similarly, in the Middle East and Africa, ongoing conflicts and security threats are driving demand for shoulder-fired missiles as governments seek to enhance their air defense and anti-tank capabilities to address regional instability and safeguard critical infrastructure. Overall, the global shoulder-fired missiles market is poised for continued growth as defense organizations seek to adapt to evolving security threats and maintain a competitive edge in an increasingly complex and dynamic geopolitical landscape.
Key Shoulder Fired Missiles Program
The MATADOR is a disposable anti-armour weapon system developed by Germany, Israel, and Singapore that measures 90 millimetres (3.5 inches). It is based on the same concepts as the German-Singaporean Armbrust design. The MATADOR began development in 2000, and it eventually replaced the German-Singaporean Armbrust Light Anti-Tank Weapon, which had been in use since the 1980s. The MATADOR was developed in partnership with Rafael Advanced Defense Systems and the Dynamit Nobel Defence (DND) joint team by the Singapore Armed Forces (SAF) and the Defence Science and Technology Agency (DSTA).
The UK Ministry of Defence has given Saab a 229 million pound ($278 million) deal to supply the British Army with next-generation light anti-tank weapons (NLAW). After supplying the weapons to Ukrainian forces to protect against the Russian invasion, the purchase will replace the British Army's arsenal of shoulder-launched missiles. In addition to the thousand units planned from the latest arrangement, a separate contract will deliver 500 NLAWs to the UK by 2023. The NLAW combines the capability of small anti-armor weapons with that of large, crew-operated guided missile systems, allowing warfighters to intercept targets from above. A single soldier can use the missile system to engage heavily armoured vehicles from a distance of 20 to 800 metres.
Instalaza has been given a contract by Spain to buy C90 rocket-propelled grenade launchers. The Spanish Army has given the Spanish firm Instalaza a €22.4 million contract to procure C90 shoulder-fired, one-man operated rocket propelled grenade launchers. Six different models and training systems are included in the contract. Three versions of Instalaza's C90-CR and three versions of its C90-CS will be available. The Instalaza C90, also known as the M3, is a 90mm disposable, shoulder-fired, and one-man controlled system that can be equipped with a VN38-C night vision equipment with a 4x magnification for complete night combat capability, according to the MilitaryLeak website. Instalaza S.A., a Spanish business, invented and created the first C-90 in the late 1980s, and it was used for Spanish Army.
Table of Contents
Shoulder Fired Missiles Market Report Definition
Shoulder Fired Missiles Market Segmentation
By Region
By Technology
By Range
Shoulder Fired Missiles Market Analysis for next 10 Years
The 10-year shoulder fired missiles market analysis would give a detailed overview of shoulder fired missiles market growth, changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.
Market Technologies of Shoulder Fired Missiles Market
This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.
Global Shoulder Fired Missiles Market Forecast
The 10-year shoulder fired missiles market forecast of this market is covered in detailed across the segments which are mentioned above.
Regional Shoulder Fired Missiles Market Trends & Forecast
The regional Shoulder Fired Missiles Market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking. The current market size is estimated based on the normal scenario.
North America
Drivers, Restraints and Challenges
PEST
Market Forecast & Scenario Analysis
Key Companies
Supplier Tier Landscape
Company Benchmarking
Europe
Middle East
APAC
South America
Country Analysis of Shoulder Fired Missiles Market
This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.
US
Defense Programs
Latest News
Patents
Current levels of technology maturation in this market
Market Forecast & Scenario Analysis
Canada
Italy
France
Germany
Netherlands
Belgium
Spain
Sweden
Greece
Australia
South Africa
India
China
Russia
South Korea
Japan
Malaysia
Singapore
Brazil
Opportunity Matrix for Shoulder Fired Missiles Market
The opportunity matrix helps the readers understand the high opportunity segments in this market.
Expert Opinions on Shoulder Fired Missiles Market Report
Hear from our experts their opinion of the possible analysis for this market.
Conclusions
About Aviation and Defense Market Reports
List of Tables
- Table 1: 10 Year Market Outlook, 2024-2034
- Table 2: Drivers, Impact Analysis, North America
- Table 3: Restraints, Impact Analysis, North America
- Table 4: Challenges, Impact Analysis, North America
- Table 5: Drivers, Impact Analysis, Europe
- Table 6: Restraints, Impact Analysis, Europe
- Table 7: Challenges, Impact Analysis, Europe
- Table 8: Drivers, Impact Analysis, Middle East
- Table 9: Restraints, Impact Analysis, Middle East
- Table 10: Challenges, Impact Analysis, Middle East
- Table 11: Drivers, Impact Analysis, APAC
- Table 12: Restraints, Impact Analysis, APAC
- Table 13: Challenges, Impact Analysis, APAC
- Table 14: Drivers, Impact Analysis, South America
- Table 15: Restraints, Impact Analysis, South America
- Table 16: Challenges, Impact Analysis, South America
- Table 17: Scenario Analysis, Scenario 1, By Region, 2024-2034
- Table 18: Scenario Analysis, Scenario 1, By Technology, 2024-2034
- Table 19: Scenario Analysis, Scenario 1, By Range, 2024-2034
- Table 20: Scenario Analysis, Scenario 2, By Region, 2024-2034
- Table 21: Scenario Analysis, Scenario 2, By Technology, 2024-2034
- Table 22: Scenario Analysis, Scenario 2, By Range, 2024-2034
List of Figures
- Figure 1: Global shoulder Fired Missile Market Forecast, 2024-2034
- Figure 2: Global shoulder Fired Missile Market Forecast, By Region, 2024-2034
- Figure 3: Global shoulder Fired Missile Market Forecast, By Technology, 2024-2034
- Figure 4: Global shoulder Fired Missile Market Forecast, By Range, 2024-2034
- Figure 5: North America, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 6: Europe, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 7: Middle East, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 8: APAC, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 9: South America, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 10: United States, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 11: United States, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 12: Canada, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 13: Canada, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 14: Italy, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 15: Italy, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 16: France, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 17: France, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 18: Germany, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 19: Germany, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 20: Netherlands, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 21: Netherlands, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 22: Belgium, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 23: Belgium, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 24: Spain, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 25: Spain, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 26: Sweden, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 27: Sweden, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 28: Brazil, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 29: Brazil, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 30: Australia, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 31: Australia, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 32: India, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 33: India, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 34: China, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 35: China, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 36: Saudi Arabia, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 37: Saudi Arabia, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 38: South Korea, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 39: South Korea, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 40: Japan, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 41: Japan, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 42: Malaysia, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 43: Malaysia, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 44: Singapore, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 45: Singapore, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 46: United Kingdom, shoulder Fired Missile Market, Technology Maturation, 2024-2034
- Figure 47: United Kingdom, shoulder Fired Missile Market, Market Forecast, 2024-2034
- Figure 48: Opportunity Analysis, shoulder Fired Missile Market, By Region (Cumulative Market), 2024-2034
- Figure 49: Opportunity Analysis, shoulder Fired Missile Market, By Region (CAGR), 2024-2034
- Figure 50: Opportunity Analysis, shoulder Fired Missile Market, By Technology (Cumulative Market), 2024-2034
- Figure 51: Opportunity Analysis, shoulder Fired Missile Market, By Technology (CAGR), 2024-2034
- Figure 52: Opportunity Analysis, shoulder Fired Missile Market, By Range (Cumulative Market), 2024-2034
- Figure 53: Opportunity Analysis, shoulder Fired Missile Market, By Range (CAGR), 2024-2034
- Figure 54: Scenario Analysis, shoulder Fired Missile Market, Cumulative Market, 2024-2034
- Figure 55: Scenario Analysis, shoulder Fired Missile Market, Global Market, 2024-2034
- Figure 56: Scenario 1, shoulder Fired Missile Market, Total Market, 2024-2034
- Figure 57: Scenario 1, shoulder Fired Missile Market, By Region, 2024-2034
- Figure 58: Scenario 1, shoulder Fired Missile Market, By Technology, 2024-2034
- Figure 59: Scenario 1, shoulder Fired Missile Market, By Range, 2024-2034
- Figure 60: Scenario 2, shoulder Fired Missile Market, Total Market, 2024-2034
- Figure 61: Scenario 2, shoulder Fired Missile Market, By Region, 2024-2034
- Figure 62: Scenario 2, shoulder Fired Missile Market, By Technology, 2024-2034
- Figure 63: Scenario 2, shoulder Fired Missile Market, By Range, 2024-2034
- Figure 64: Company Benchmark, shoulder Fired Missile Market, 2024-2034
