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    US Anti Tank Missile Market

    ID: MRFR/A&D/17522-HCR
    100 Pages
    Sejal Akre
    October 2025

    US Anti-Tank Missile Market Research Report: By Type (Man-Portable, Vehicle-Mounted), By Platform (Airborne, Ground-Based) and By End User (Military, Commercial) - Forecast to 2035

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    US Anti Tank Missile Market Infographic
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    US Anti Tank Missile Market Summary

    As per MRFR analysis, the US anti-tank missile market size was estimated at 3.58 USD Million in 2024. The US anti tank-missile market is projected to grow from 3.72 USD Million in 2025 to 5.35 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 3.71% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US anti tank-missile market is poised for growth driven by technological advancements and increasing defense budgets.

    • Technological advancements in missile guidance systems are enhancing the effectiveness of anti tank-missiles.
    • The largest segment in the market is the defense sector, while the fastest-growing segment is expected to be unmanned systems integration.
    • Increased defense spending is evident as nations prioritize military capabilities amid rising geopolitical tensions.
    • Emerging threats from advanced armored vehicles and the focus on asymmetric warfare are key drivers of market growth.

    Market Size & Forecast

    2024 Market Size 3.58 (USD Million)
    2035 Market Size 5.35 (USD Million)

    Major Players

    Lockheed Martin (US), Raytheon Technologies (US), MBDA (FR), Northrop Grumman (US), Kongsberg Gruppen (NO), Rafael Advanced Defense Systems (IL), Thales Group (FR), Saab AB (SE), General Dynamics (US)

    US Anti Tank Missile Market Trends

    The anti tank-missile market is currently experiencing a dynamic evolution, driven by advancements in technology and increasing defense budgets. The focus on enhancing military capabilities has led to a surge in demand for sophisticated anti tank systems. This market is characterized by a shift towards precision-guided munitions, which offer improved accuracy and effectiveness against armored threats. Additionally, the integration of advanced targeting systems and artificial intelligence is reshaping the landscape, enabling forces to engage targets with greater efficiency. As nations prioritize modernization, the anti tank-missile market is poised for substantial growth, reflecting the changing nature of warfare and the need for enhanced ground combat capabilities. Moreover, the geopolitical climate continues to influence the anti tank-missile market, with various nations seeking to bolster their defense postures. The emphasis on deterrence and rapid response capabilities is prompting investments in next-generation missile systems. Furthermore, collaborations between government entities and private defense contractors are fostering innovation and accelerating the development of cutting-edge technologies. This collaborative approach is likely to yield new solutions that address emerging threats, ensuring that the anti tank-missile market remains at the forefront of military advancements. As the landscape evolves, stakeholders must remain vigilant to adapt to the shifting demands and technological advancements that define this critical sector.

    Technological Advancements

    The anti tank-missile market is witnessing rapid technological advancements, particularly in the areas of guidance systems and warhead design. Innovations such as laser guidance and multi-mode seekers enhance the effectiveness of missiles against various armored vehicles. These developments are crucial as they allow for greater precision and reduced collateral damage, aligning with modern military strategies.

    Increased Defense Spending

    There is a notable trend of increased defense spending among various nations, which directly impacts the anti tank-missile market. Governments are allocating larger budgets to modernize their military capabilities, including the procurement of advanced anti tank systems. This trend reflects a broader commitment to national security and the need to counter evolving threats.

    Focus on Joint Operations

    The anti tank-missile market is increasingly oriented towards joint operations among allied forces. This trend emphasizes interoperability and the integration of systems across different military branches. As nations collaborate on defense initiatives, the demand for compatible anti tank solutions is likely to rise, fostering a more cohesive approach to ground combat.

    US Anti Tank Missile Market Drivers

    Integration of Unmanned Systems

    The integration of unmanned systems into military operations is reshaping the anti tank-missile market. Unmanned aerial vehicles (UAVs) and ground robots are increasingly being utilized for reconnaissance and targeting, enhancing the effectiveness of anti tank-missile systems. This trend is particularly evident in the US military, where the use of drones for intelligence gathering has become commonplace. In 2025, it is estimated that 30% of anti tank-missile deployments will involve unmanned systems, reflecting a shift towards more technologically advanced warfare. The anti tank-missile market is adapting to this change, with manufacturers focusing on developing systems that can seamlessly integrate with unmanned platforms.

    Increased Focus on Asymmetric Warfare

    The anti tank-missile market is being influenced by an increased focus on asymmetric warfare strategies. As military operations evolve, there is a growing recognition of the need for portable and versatile anti tank systems that can be deployed in unconventional combat scenarios. The US military has been investing in lightweight, man-portable anti tank-missiles that can be easily transported by infantry units. In 2025, the market for these systems is projected to grow by 20%, driven by the demand for flexibility in combat situations. The anti tank-missile market is thus responding to this trend by innovating solutions that cater to the unique challenges posed by asymmetric warfare.

    Advancements in Missile Guidance Technology

    Advancements in missile guidance technology are significantly impacting the anti tank-missile market. The development of precision-guided munitions has enhanced the effectiveness of anti tank systems, allowing for greater accuracy and reduced collateral damage. The US military has been at the forefront of these technological advancements, investing heavily in research to improve guidance systems. In 2025, it is anticipated that 40% of new anti tank-missile systems will incorporate advanced guidance technologies, reflecting a shift towards more sophisticated weaponry. The anti tank-missile market is thus likely to experience growth as manufacturers strive to incorporate these innovations into their product offerings.

    Geopolitical Tensions and Regional Conflicts

    Geopolitical tensions and regional conflicts are driving the anti tank-missile market as nations seek to bolster their military capabilities. The US, in particular, has been involved in various international engagements that highlight the necessity for advanced anti tank systems. The ongoing conflicts in regions such as Eastern Europe and the Middle East have prompted the US to enhance its military readiness. In 2025, the US government reported a 15% increase in defense contracts related to anti tank-missile systems, indicating a proactive approach to potential threats. The anti tank-missile market is thus likely to see sustained demand as countries prioritize defense spending in response to these geopolitical dynamics.

    Emerging Threats from Advanced Armored Vehicles

    The anti tank-missile market is experiencing growth due to the emergence of advanced armored vehicles that pose significant threats to ground forces. As military technology evolves, adversaries are increasingly deploying sophisticated tanks and armored personnel carriers equipped with enhanced protection systems. This necessitates the development and procurement of more effective anti tank-missiles to counter these threats. The US military has recognized this need, leading to increased investments in research and development. In 2025, the US defense budget allocated approximately $800 million specifically for anti tank-missile systems, reflecting the urgency to address these evolving challenges. The anti tank-missile market is thus positioned to expand as defense contractors innovate to meet the demands of modern warfare.

    Market Segment Insights

    By Type: Man-Portable (Largest) vs. Vehicle-Mounted (Fastest-Growing)

    In the US anti tank-missile market, the 'Man-Portable' segment holds a significant market share, making it the largest category within this niche. Its widespread adoption is attributed to its versatility and ease of deployment by ground forces. On the other hand, the 'Vehicle-Mounted' segment, while currently smaller in market share, is rapidly gaining traction due to advances in technology and increasing military expenditures focused on enhancing mobility and protection for troops. Growth trends within the 'Vehicle-Mounted' segment are influenced by modernization initiatives among military forces, seeking advanced anti-tank capabilities. The increasing complexity of battlefield environments and the necessity for rapid responses are driving demand for vehicle-mounted systems. As defense budgets grow, investments in this sector are expected to rise, highlighting its potential for becoming a prominent segment in the market.

    Anti-Tank Systems: Man-Portable (Dominant) vs. Vehicle-Mounted (Emerging)

    In the US anti tank-missile market, the 'Man-Portable' segment is characterized by its agility and user-friendly design, enabling soldiers to navigate diverse combat scenarios effectively. These systems offer excellent portability, making them suitable for quick deployments in various terrains. In contrast, 'Vehicle-Mounted' systems are emerging rapidly, driven by innovations in guided missile technology and enhanced targeting systems. They provide increased firepower and protection, allowing forces to counter armored threats effectively while maintaining mobility. The evolution of tactics on the battlefield emphasizes the role of both segments, with 'Vehicle-Mounted' systems addressing the need for strategic advantage, complementing the longstanding popularity of 'Man-Portable' solutions.

    By Platform: Ground-Based (Largest) vs. Airborne (Fastest-Growing)

    In the US anti tank-missile market, the Ground-Based platform holds the largest share due to its established infrastructure and integration within military strategies. Ground-Based systems are widely utilized in various combat scenarios, offering a strong tactical advantage and reliability. The market share distribution indicates a solid preference among military branches for these systems, emphasizing their role in both defensive and offensive operations. Conversely, Airborne platforms are emerging rapidly as the fastest-growing segment in the market. This growth is driven by technological advancements and the need for greater mobility in modern warfare. As military operations evolve, the demand for airborne systems that can deliver precision strikes with minimal risk continues to rise, indicating a shift in operational tactics to favor these agile solutions.

    Platform: Ground-Based (Dominant) vs. Airborne (Emerging)

    Ground-Based systems are characterized by their robust design and adaptability to various terrains, making them a reliable choice for anti-tank operations. These platforms are commonly found in battlegrounds, able to engage threats from secure positions and provide extensive coverage. On the other hand, Airborne systems are gaining traction as they offer unparalleled mobility and rapid deployment capabilities, essential for quick response missions. As technology improves, these airborne platforms are not only becoming faster but also more accurate, allowing military forces to address tank threats effectively from the air. The balance between these segments indicates a dynamic market, with Ground-Based systems remaining prevalent while Airborne systems start to play an increasingly crucial role.

    By End User: Military (Largest) vs. Commercial (Fastest-Growing)

    The market share distribution in the end user segment showcases the dominance of the military sector, which holds a significant portion of the overall sales in the US anti tank-missile market. This sector is characterized by extensive investment and robust procurement programs, driven by national defense needs and geopolitical dynamics. The commercial segment, while smaller, is steadily increasing its share as more private entities and security firms recognize the value of advanced missile defense solutions in their operations. Growth trends indicate a shifting focus toward enhanced capabilities in the military segment, fueled by emerging threats and evolving warfare tactics. Meanwhile, the commercial sector is experiencing rapid growth, primarily driven by private investments and demand for advanced security solutions. As technology advances and integration with other defense systems becomes more prevalent, both segments are likely to evolve significantly in response to market demands.

    Military (Dominant) vs. Commercial (Emerging)

    The military segment is the dominant player within the end user values of the US anti tank-missile market. It benefits from substantial government contracts and an unwavering commitment to maintaining national security levels. This segment is characterized by rigorous requirements for performance, reliability, and integration with existing military systems. On the other hand, the commercial segment is emerging as a notable player, as private security firms and commercial entities pursue advanced missile defense technologies. This growth reflects a broader recognition of the importance of such technologies in safeguarding infrastructure and personnel. The commercial market is increasingly agile and innovative, leveraging advancements in technology to offer tailored solutions.

    Get more detailed insights about US Anti Tank Missile Market

    Key Players and Competitive Insights

    The anti tank-missile market is characterized by a dynamic competitive landscape, driven by technological advancements and increasing defense budgets. Major players such as Lockheed Martin (US), Raytheon Technologies (US), and Northrop Grumman (US) are at the forefront, focusing on innovation and strategic partnerships to enhance their market positions. Lockheed Martin (US) emphasizes the development of next-generation missile systems, while Raytheon Technologies (US) is investing heavily in digital transformation to streamline operations and improve product offerings. Northrop Grumman (US) is also pursuing regional expansion, particularly in Asia-Pacific, to tap into emerging markets. Collectively, these strategies foster a competitive environment that prioritizes technological superiority and operational efficiency.

    Key business tactics within the market include localizing manufacturing and optimizing supply chains to reduce costs and improve responsiveness. The competitive structure appears moderately fragmented, with several key players vying for market share. This fragmentation allows for a diverse range of products and services, but also intensifies competition among established firms and new entrants alike.

    In October 2025, Lockheed Martin (US) announced a partnership with a leading technology firm to integrate artificial intelligence into its missile systems. This strategic move is likely to enhance targeting accuracy and operational efficiency, positioning Lockheed Martin (US) as a leader in the integration of advanced technologies in defense systems. The collaboration underscores the importance of innovation in maintaining competitive advantage in the anti tank-missile sector.

    In September 2025, Raytheon Technologies (US) unveiled a new missile system designed for urban warfare scenarios, reflecting a shift in focus towards adaptable solutions for modern combat environments. This development is significant as it aligns with current military needs and demonstrates Raytheon’s commitment to addressing evolving threats. The introduction of such specialized systems may provide Raytheon (US) with a competitive edge in niche markets.

    In August 2025, Northrop Grumman (US) secured a contract with the U.S. Department of Defense to supply advanced anti-tank missile systems, further solidifying its position in the market. This contract not only enhances Northrop Grumman’s (US) revenue stream but also reinforces its reputation as a reliable supplier of cutting-edge defense technology. The ability to secure government contracts is crucial for sustaining growth in this highly competitive landscape.

    As of November 2025, current trends in the anti tank-missile market include a strong emphasis on digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to leverage complementary strengths and enhance their technological capabilities. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition towards innovation, advanced technology, and supply chain reliability becoming paramount. This transition may redefine market dynamics, compelling companies to invest in research and development to stay ahead.

    Key Companies in the US Anti Tank Missile Market market include

    Industry Developments

    Recent developments in the US Anti-Tank Missile Market include significant advancements and collaborations among leading defense contractors such as Raytheon Technologies, Lockheed Martin, and Northrop Grumman. The U.S. Department of Defense has emphasized the enhancement of anti-tank capabilities, primarily due to emerging threats and evolving warfare tactics. For instance, in September 2023, Raytheon Technologies secured a substantial contract to supply Javelin anti-tank missiles to U.S. allies, highlighting their critical role in modern military operations. Moreover, General Dynamics and BAE Systems announced collaborations aimed at integrating advanced technologies into their missile systems to improve effectiveness in various terrains and conditions.

    In July 2023, significant growth in the US Anti-Tank Missile Market was noted, attributed to increased defense spending and modernization initiatives driven by geopolitical tensions. Consequently, companies like Textron and Elbit Systems have seen growth in market valuation as they adapt their strategies to meet demand.In recent years, there has been a notable increase in investments aimed at Research and Development within the sector, focusing on innovative anti-tank missile systems that meet both domestic and international requirements, particularly in response to the evolving threats observed globally.

    Future Outlook

    US Anti Tank Missile Market Future Outlook

    The anti tank-missile market is projected to grow at a 3.71% CAGR from 2024 to 2035, driven by technological advancements, increased defense budgets, and evolving military strategies.

    New opportunities lie in:

    • Development of advanced missile guidance systems for improved accuracy
    • Integration of AI for predictive maintenance and operational efficiency
    • Expansion into emerging markets with tailored anti-tank solutions

    By 2035, the market is expected to achieve robust growth, reflecting evolving defense needs.

    Market Segmentation

    US Anti Tank Missile Market Type Outlook

    • Man-Portable
    • Vehicle-Mounted

    US Anti Tank Missile Market End User Outlook

    • Military
    • Commercial

    US Anti Tank Missile Market Platform Outlook

    • Airborne
    • Ground-Based

    Report Scope

    MARKET SIZE 2024 3.58(USD Million)
    MARKET SIZE 2025 3.72(USD Million)
    MARKET SIZE 2035 5.35(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.71% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Lockheed Martin (US), Raytheon Technologies (US), MBDA (FR), Northrop Grumman (US), Kongsberg Gruppen (NO), Rafael Advanced Defense Systems (IL), Thales Group (FR), Saab AB (SE), General Dynamics (US)
    Segments Covered Type, Platform, End User
    Key Market Opportunities Advancements in precision-guided munitions enhance effectiveness in the anti tank-missile market.
    Key Market Dynamics Technological advancements drive competition and innovation in the anti tank-missile market, reshaping defense strategies.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Anti-Tank Missile Market in 2024?

    The US Anti-Tank Missile Market is expected to be valued at 3.25 million USD in 2024.

    What is the projected market value of the US Anti-Tank Missile Market by 2035?

    By 2035, the US Anti-Tank Missile Market is projected to reach a value of 6.75 million USD.

    What is the expected CAGR for the US Anti-Tank Missile Market from 2025 to 2035?

    The expected CAGR for the US Anti-Tank Missile Market from 2025 to 2035 is 6.87 percent.

    Which segment of the US Anti-Tank Missile Market is expected to have a higher valuation in 2035?

    The Vehicle-Mounted segment is projected to have a higher valuation of 3.5 million USD by 2035 compared to the Man-Portable segment at 3.25 million USD.

    Who are the key players in the US Anti-Tank Missile Market?

    Major players in the US Anti-Tank Missile Market include Raytheon Technologies, Lockheed Martin, and BAE Systems among others.

    What impact do current global conflicts have on the US Anti-Tank Missile Market?

    Current global conflicts are expected to drive increased demand and growth in the US Anti-Tank Missile Market during the forecast period.

    What is the market size of the Man-Portable segment in the US Anti-Tank Missile Market for 2024?

    The Man-Portable segment of the US Anti-Tank Missile Market is valued at 1.5 million USD in 2024.

    How does the growth rate of the Vehicle-Mounted segment compare to the overall market?

    The Vehicle-Mounted segment is anticipated to grow at a rate aligned with the overall market CAGR of 6.87 percent from 2025 to 2035.

    What are some emerging trends in the US Anti-Tank Missile Market?

    Emerging trends in the US Anti-Tank Missile Market include advancements in missile technology and increased military modernization efforts.

    What are the anticipated growth drivers for the US Anti-Tank Missile Market?

    Key growth drivers include rising defense budgets and the need for advanced military capabilities in the US.

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