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    US Anti Tank Missile Market

    ID: MRFR/A&D/17522-HCR
    100 Pages
    Sejal Akre
    September 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 Research Report Forecast till 2035 Infographic
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    Table of Contents

    US Anti Tank Missile Market Summary

    The United States Anti-Tank Missile market is projected to grow significantly over the next decade.

    Key Market Trends & Highlights

    US Anti-Tank Missile Key Trends and Highlights

    • The market valuation is expected to increase from 3.25 USD Million in 2024 to 6.75 USD Million by 2035.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 6.87%.
    • This growth trajectory indicates a robust demand for advanced anti-tank missile systems in the United States.
    • Growing adoption of advanced military technologies due to increasing defense budgets is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.25 (USD Million)
    2035 Market Size 6.75 (USD Million)
    CAGR (2025-2035) 6.87%

    Major Players

    Raytheon Technologies, Huntington Ingalls Industries, Lockheed Martin, General Dynamics, Thales Group, BAE Systems, MBDA, Textron, L3Harris Technologies, Kratos Defense, Elbit Systems, Daimler AG, Northrop Grumman, Rheinmetall, Sikorsky

    US Anti Tank Missile Market Trends

    The US Anti-Tank Missile Market is experiencing notable trends driven largely by emerging security challenges and advancements in military technology. The evolving landscape of warfare, particularly concerning hybrid and asymmetric threats, has led to a heightened emphasis on enhancing ground combat effectiveness. This is compounded by the ongoing geopolitical tensions, prompting the US military to upgrade its armor and associated firepower. The trend of modernization in existing missile systems is noteworthy, as the integration of advanced guidance and targeting technologies is rapidly becoming a priority, ensuring that they can remain effective against more sophisticated adversaries.

    Opportunities within this market also stem from increased collaboration between government and defense contractors. The US Department of Defense is actively investing in research and development efforts to advance missile technologies, focusing on systems that can counter both traditional and emerging threats. Additionally, the potential for export markets is significant, as allied nations often seek to upgrade their defenses. Emerging countries are increasingly looking towards the US for advanced systems, which creates a profitable avenue for manufacturers in this segment.

    Recent times have shown a pronounced trend towards increasing the versatility of anti-tank systems.Innovations such as multi-role capabilities, compact designs, and loitering munitions are gaining traction. The focus on developing systems that are not only effective against armored vehicles but can also be adapted for various battlefield scenarios indicates a shift in military strategy. This trend reflects the US military's goal of maintaining superiority in ground engagements while also prioritizing soldier safety and effectiveness in combat operations.

    US Anti Tank Missile Market Drivers

    Market Segment Insights

    Anti-Tank Missile Market Type Insights

    The US Anti-Tank Missile Market is characterized by its distinct segmentation based on the Type of missile systems, prominently featuring Man-Portable and Vehicle-Mounted options. The Man-Portable segment is especially significant due to the increasing demand for lightweight and easily deployable systems, which are essential for rapid response by ground troops in various combat scenarios. This segment is often favored due to its flexibility and ease of transport, allowing soldiers to engage enemy armored vehicles and tanks effectively from diverse terrains.

    On the other hand, the Vehicle-Mounted segment is witnessing growth as military forces prefer to integrate these systems onto various platforms, enhancing their operational reach and firepower. The integration of advanced technology into Vehicle-Mounted systems is transforming the way armed forces conduct operations, offering increased accuracy and engagement capabilities. The trends in the US Anti-Tank Missile Market highlight a substantial shift towards modernization of military capabilities, where both Man-Portable and Vehicle-Mounted missile systems are increasingly being adopted for their strategic advantages.

    Growth drivers include advancements in missile technology, adaptability to various combat situations, and the rising need for efficient anti-armor solutions amidst evolving threats. However, challenges such as funding constraints and geopolitical factors could impact the pace of market growth. Furthermore, there are opportunities present within this market as defense budgets are often being reallocated to enhance anti-tank capabilities in response to global military dynamics. As a result, the US Anti-Tank Missile Market is positioned to continue evolving, driven by the increasing importance of both Man-Portable and Vehicle-Mounted systems in modern warfare strategies.

    By focusing on improving operational efficiency, enhancing lethality, and ensuring the reliability of these missile systems, stakeholders in the market can capitalize on the ongoing trends shaping the battlefield dynamics.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Anti-Tank Missile Market Platform Insights

    Anti-Tank Missile Market Platform Insights

    The Platform segment of the US Anti-Tank Missile Market plays a crucial role in the overall landscape of defense capabilities. This segment encompasses various deployment methods that enable effective engagement with armored targets. The two primary categories within the Platform segment are Airborne and Ground-Based. Airborne systems provide a tactical advantage by allowing missiles to be launched from aircraft, giving them a broader operational reach and quick response times.

    This is particularly significant as it enables engagement from advantageous positions, enhancing mission success.On the other hand, Ground-Based systems are pivotal for frontline defense, offering robustness and operational versatility directly within battle zones. These platforms often integrate advanced targeting systems and missile technology to ensure high precision in striking enemy armor.

    With the continued emphasis on modernizing defense strategies, the Platform segment is expected to evolve significantly, driven by advancements in technology, increased military budgets, and the pressing need for effective countermeasures against evolving threats.Overall, the dynamics of the US Anti-Tank Missile Market segmentation reflect the strategic importance and investment in air and ground capabilities to maintain a military edge.

    Anti-Tank Missile Market End User Insights

    Anti-Tank Missile Market End User Insights

    The US Anti-Tank Missile Market comprises a significant End User segment, which includes various applications predominantly centered around Military and Commercial use. In the military domain, anti-tank missiles are crucial for modern warfare, offering advanced capabilities that enhance combat effectiveness on the battlefield.

    The need for enhanced defense mechanisms against armored threats drives continuous investment into military applications, underscoring a strategic focus on developing innovative missile systems to maintain national security.On the commercial side, these products serve various functions such as law enforcement and defense contracting, where anti-tank missiles play a vital role in ensuring the safety and security of critical infrastructures. As military operations evolve with technological advancements, both segments leverage Research and Development to adapt to the changing landscape. Furthermore, the increase in geopolitical tensions and defense budgets amplifies the importance of anti-tank missiles in both military and commercial realms.

    With sustained investments, the US Anti-Tank Missile Market is poised to see a progressive trajectory, driven by the critical need for effective anti-tank capabilities across various End Users.

    Get more detailed insights about US Anti Tank Missile Market Research Report Forecast till 2035

    Regional Insights

    Key Players and Competitive Insights

    The US Anti-Tank Missile Market is characterized by a highly competitive landscape, driven by the ongoing demand for advanced defense systems that can provide effective solutions against armored threats. With military modernization efforts and increasing defense budgets, the market is witnessing significant investments in research and development aimed at innovating and enhancing missile technology. Furthermore, geopolitical tensions and military engagements have prompted a surge in procurement activities, eliciting strategic partnerships, collaborations, and technological advancements among leading defense manufacturers.

    As nations look to bolster their military capabilities, companies involved in the production and supply of anti-tank missiles are striving to address the evolving needs of various military forces, establishing themselves as key competitors through innovation, reliability, and efficacy.Raytheon Technologies plays a pivotal role in the US Anti-Tank Missile Market, leveraging its extensive experience in defense and aerospace technology. The company has established a strong market presence through continuous innovation and the development of cutting-edge missile systems designed to meet the specific needs of the US military.

    Its strengths lie in its advanced research capabilities, comprehensive supply chain management, and the ability to provide tailored solutions that ensure effective anti-tank operations. Raytheon Technologies has made substantial contributions to the military sector with its commitment to quality and performance, as well as its investment in next-generation missile systems. 

    As a result, the company is recognized for delivering reliable, high-performance products that are critical to maintaining defense readiness.Huntington Ingalls Industries operates as a significant player in the US Anti-Tank Missile Market, focusing on delivering innovative solutions in military logistics and defense systems integration. The company has a robust market presence bolstered by its expertise in combining advanced missile technologies with other defense capabilities. Huntington Ingalls Industries offers a range of services and products that cater to the unique requirements of military operations, including advanced missile systems that enhance combat effectiveness.

    Its strengths are underscored by investments in research and development, which enable the company to adapt to the evolving technological landscape and defense needs. The recent strategic mergers and acquisitions further augment its position in the market, allowing the company to expand its capabilities and maintain a competitive edge. Through a commitment to operational excellence and a strong focus on meeting customer needs, Huntington Ingalls Industries continues to solidify its reputation within the US Anti-Tank Missile Market.

    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.

    Market Segmentation

    Outlook

    • Military
    • Commercial

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 3.14(USD Million)
    MARKET SIZE 2024 3.25(USD Million)
    MARKET SIZE 2035 6.75(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.87% (2025 - 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 Raytheon Technologies, Huntington Ingalls Industries, Lockheed Martin, General Dynamics, Thales Group, BAE Systems, MBDA, Textron, L3Harris Technologies, Kratos Defense, Elbit Systems, Daimler AG, Northrop Grumman, Rheinmetall, Sikorsky
    SEGMENTS COVERED Type, Platform, End User
    KEY MARKET OPPORTUNITIES Increased defense budgets, Modernization of military assets, Rising geopolitical tensions, Advancements in missile technology, Demand for precision-guided systems
    KEY MARKET DYNAMICS increased defense spending, technological advancements, geopolitical tensions, modernization of military forces, emerging market competitors
    COUNTRIES COVERED US

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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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.

    1. EXECUTIVE SUMMARY
      1. Market Overview
    2. Key Findings
      1. Market Segmentation
      2. Competitive Landscape
    3. Challenges and Opportunities
      1. Future Outlook
    4. MARKET INTRODUCTION
    5. Definition
      1. Scope of the study
        1. Research Objective
    6. Assumption
      1. Limitations
    7. RESEARCH METHODOLOGY
    8. Overview
      1. Data Mining
      2. Secondary Research
    9. Primary Research
      1. Primary Interviews and Information Gathering Process
    10. Breakdown of Primary Respondents
      1. Forecasting Model
    11. Market Size Estimation
      1. Bottom-Up Approach
        1. Top-Down
    12. Approach
      1. Data Triangulation
      2. Validation
    13. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
    14. Opportunities
    15. MARKET FACTOR ANALYSIS
      1. Value chain Analysis
    16. Porter's Five Forces Analysis
      1. Bargaining Power of Suppliers
    17. Bargaining Power of Buyers
      1. Threat of New Entrants
    18. Threat of Substitutes
      1. Intensity of Rivalry
      2. COVID-19
    19. Impact Analysis
      1. Market Impact Analysis
        1. Regional
    20. Impact
      1. Opportunity and Threat Analysis
    21. US ANTI-TANK
    22. MISSILE MARKET, BY TYPE (USD MILLION)
      1. Man-Portable
    23. Vehicle-Mounted
    24. US ANTI-TANK MISSILE MARKET, BY PLATFORM (USD MILLION)
    25. Airborne
      1. Ground-Based
    26. US ANTI-TANK MISSILE MARKET, BY
    27. END USER (USD MILLION)
      1. Military
      2. Commercial
    28. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
    29. Market share Analysis
      1. Major Growth Strategy in the Anti-Tank Missile
    30. Market
      1. Competitive Benchmarking
      2. Leading Players in
    31. Terms of Number of Developments in the Anti-Tank Missile Market
      1. Key
    32. developments and growth strategies
      1. New Product Launch/Service Deployment
    33. Merger & Acquisitions
      1. Joint Ventures
      2. Major Players
    34. Financial Matrix
      1. Sales and Operating Income
        1. Major
    35. Players R&D Expenditure. 2023
    36. COMPANY PROFILES
    37. Raytheon Technologies
      1. Financial Overview
        1. Products
    38. Offered
      1. Key Developments
        1. SWOT Analysis
    39. Key Strategies
      1. Huntington Ingalls Industries
        1. Financial
    40. Overview
      1. Products Offered
        1. Key Developments
    41. SWOT Analysis
      1. Key Strategies
      2. Lockheed Martin
    42. Financial Overview
      1. Products Offered
        1. Key Developments
    43. SWOT Analysis
      1. Key Strategies
      2. General Dynamics
    44. Financial Overview
      1. Products Offered
        1. Key Developments
    45. SWOT Analysis
      1. Key Strategies
      2. Thales Group
    46. Financial Overview
      1. Products Offered
        1. Key Developments
    47. SWOT Analysis
      1. Key Strategies
      2. BAE Systems
    48. Financial Overview
      1. Products Offered
        1. Key Developments
    49. SWOT Analysis
      1. Key Strategies
      2. MBDA
    50. Financial Overview
      1. Products Offered
        1. Key Developments
    51. SWOT Analysis
      1. Key Strategies
      2. Textron
    52. Financial Overview
      1. Products Offered
        1. Key Developments
    53. SWOT Analysis
      1. Key Strategies
      2. L3Harris Technologies
    54. Financial Overview
      1. Products Offered
        1. Key Developments
    55. SWOT Analysis
      1. Key Strategies
      2. Kratos Defense
    56. Financial Overview
      1. Products Offered
        1. Key Developments
    57. SWOT Analysis
      1. Key Strategies
      2. Elbit Systems
    58. Financial Overview
      1. Products Offered
        1. Key Developments
    59. SWOT Analysis
      1. Key Strategies
      2. Daimler AG
    60. Financial Overview
      1. Products Offered
        1. Key Developments
    61. SWOT Analysis
      1. Key Strategies
      2. Northrop Grumman
    62. Financial Overview
      1. Products Offered
        1. Key Developments
    63. SWOT Analysis
      1. Key Strategies
      2. Rheinmetall
    64. Financial Overview
      1. Products Offered
        1. Key Developments
    65. SWOT Analysis
      1. Key Strategies
      2. Sikorsky
    66. Financial Overview
      1. Products Offered
        1. Key Developments
    67. SWOT Analysis
      1. Key Strategies
    68. APPENDIX
    69. References
      1. Related Reports
    70. LIST OF ASSUMPTIONS
    71. & FORECAST, BY TYPE, 2019-2035 (USD BILLIONS)
    72. MISSILE MARKET SIZE ESTIMATES & FORECAST, BY PLATFORM, 2019-2035 (USD BILLIONS)
    73. US ANTI-TANK MISSILE MARKET SIZE ESTIMATES & FORECAST, BY END USER, 2019-2035
    74. (USD BILLIONS)
    75. ACQUISITION/PARTNERSHIP
    76. SYNOPSIS
    77. US ANTI-TANK MISSILE MARKET ANALYSIS BY PLATFORM
    78. MISSILE MARKET ANALYSIS BY END USER
    79. MISSILE MARKET
    80. DRO ANALYSIS OF ANTI-TANK MISSILE MARKET
    81. ANTI-TANK MISSILE MARKET
    82. MISSILE MARKET
    83. ANTI-TANK MISSILE MARKET, BY TYPE, 2025 (% SHARE)
    84. MISSILE MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    85. MISSILE MARKET, BY PLATFORM, 2025 (% SHARE)
    86. MARKET, BY PLATFORM, 2019 TO 2035 (USD Billions)
    87. MISSILE MARKET, BY END USER, 2025 (% SHARE)
    88. MARKET, BY END USER, 2019 TO 2035 (USD Billions)
    89. OF MAJOR COMPETITORS

    US Anti-Tank Missile Market Segmentation

    • Anti-Tank Missile Market By Type (USD Million, 2019-2035)

      • Man-Portable
      • Vehicle-Mounted

     

    • Anti-Tank Missile Market By Platform (USD Million, 2019-2035)

      • Airborne
      • Ground-Based

     

    • Anti-Tank Missile Market By End User (USD Million, 2019-2035)

      • Military
      • Commercial

     

     

     

     

     

     

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    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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