As per MRFR analysis, the US Shoulder-Fired Weapons Market Size was estimated at 1.45 (USD Billion) in 2023. The US Shoulder-Fired Weapons Market Industry is expected to grow from 1.6(USD Billion) in 2024 to 2.63 (USD Billion) by 2035. The US Shoulder-Fired Weapons Market CAGR (growth rate) is expected to be around 4.635% during the forecast period (2025 - 2035).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key US Shoulder-Fired Weapons Market Trends Highlighted
The US Shoulder-Fired Weapons Market is experiencing several important trends that reflect changes in defense strategies and technological advancements. A significant market driver is the increasing focus on modernization and the need for the US military to upgrade its existing weaponry to maintain tactical superiority. The rise in asymmetric warfare and the necessity for portable, versatile weapon systems have prompted the defense sector to invest in advanced shoulder-fired solutions. Opportunities also abound in the development of dual-use technologies, which can benefit both military and law enforcement agencies. For instance, the ability to integrate smart technology and user-friendly interfaces in shoulder-fired weapons creates potential markets beyond traditional military applications.Recent trends include the growing demand for lightweight materials and modular designs, allowing for enhanced maneuverability and reduced fatigue during extended operations. Additionally, collaborations between private defense contractors and government agencies are increasing, aiming to accelerate innovation and offer customized solutions to meet specific operational requirements. As the landscape of warfare evolves, there is also a marked interest in incorporating sophisticated targeting systems and smart munitions into shoulder-fired platforms, making them more effective in varied combat scenarios. Moreover, defense budgets allocated to research and development are likely to drive the market forward, encouraging advancements in efficiency and safety mechanisms within shoulder-fired weapons.The US government’s commitment to enhancing national security against emerging threats further underlines the strategic importance of this market, paving the way for continued investment in innovation and improvement. This dynamic environment presents numerous avenues for growth and development, shaping the future of the US Shoulder-Fired Weapons Market.
US Shoulder-Fired Weapons Market Drivers
Increasing Defense Budgets and Military Spending
The US Department of Defense has significantly raised its defense budget in recent years, with projections indicating a sustained increase in military spending, partly driven by geostrategic competition and evolving security threats. In 2022, the total defense budget was approximately 8.3% higher than the previous year, reflecting a strategic focus on enhancing military capabilities. This increase bolsters the US Shoulder-Fired Weapons Market Industry by enabling the acquisition of advanced shoulder-fired weapon systems.As a result, manufacturers are benefitting from both government contracts and sales to allied nations enhancing technological advancements. Additionally, organizations like the Institute for Defense Analyses support this metric, highlighting that new funding will prioritize modernization efforts, which are often targeted toward shoulder-fired systems to improve combat readiness.
Emergence of Advanced Weapon Technologies
Innovations in materials and engineering have significantly improved the effectiveness of shoulder-fired weapons, making them more efficient and user-friendly. The development of lightweight, yet durable materials has catalyzed the production of new systems that are easier to handle and deploy by soldiers. The US Army Research, Development, and Engineering Command has reported success in integrating smart technologies into these weapons, which enhances accuracy and target acquisition.This shift showcases a trend within the US Shoulder-Fired Weapons Market Industry towards incorporating cutting-edge technologies to meet operational demands, potentially increasing market participation by technology-driven firms.
Growing Demand from Law Enforcement Agencies
With rising concerns about urban violence and the need for enhanced public safety, law enforcement agencies in the US are increasingly investing in shoulder-fired weapons. Variants suited for non-military application, such as riot control or tactical responses, are experiencing heightened interest. According to the FBI's Uniform Crime Reporting Program, violent crime rates showed a notable increase in some regions, prompting law enforcement to seek advanced equipment.The increase in demand not only boosts the US Shoulder-Fired Weapons Market Industry but also encourages manufacturers to develop tailored products that meet the specific needs of domestic law enforcement agencies.
US Shoulder-Fired Weapons Market Segment Insights:
Shoulder-Fired Weapons Market Component Insights
The US Shoulder-Fired Weapons Market focuses on various components, primarily comprising launchers and ammunition, which are critical for operational effectiveness and military preparedness. The launchers play a vital role in the overall performance of shoulder-fired weapons, influencing accuracy, range, and user-friendliness. These systems are integral to modern warfare, provided with advancements in technology that enhance target acquisition and minimize the time required for deployment. Meanwhile, ammunition is equally essential, as it determines the lethality and effectiveness of the weapon systems.The diversity of ammunition types available allows for specialized applications, catering to a variety of mission requirements, which is a point of significant importance in operational scenarios. The importance of these components is further underscored by the ongoing Research and Development initiatives aimed at improving their design and performance. Such advancements support not only the current military strategies of the United States but also anticipate future challenges, ensuring that armed forces remain adequately equipped. Additionally, rising global threats have prompted increased defense spending in the US, further stimulating demand for enhancing shoulder-fired weapon capabilities.This market is also driven by a growing emphasis on soldier safety, which encourages the development of lighter, more efficient, and more powerful systems. Competitive advantages in this segment hinge on innovations in material science and engineering, ultimately improving performance while reducing logistical burdens on users. The synergy between advanced launchers and specialized ammunition is critical in achieving strategic objectives, and as the military landscape evolves, so too will the technological adaptations of these components in the US Shoulder-Fired Weapons Market, reflecting a continuous cycle of growth and enhancement that is crucial for maintaining operational superiority.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Shoulder-Fired Weapons Market Technology Insights
The US Shoulder-Fired Weapons Market has significantly evolved, driven by advancements in Technology that enhance operational effectiveness. This segment includes both guided and unguided technologies, each playing a critical role in meeting diverse military and defense needs. Guided systems, utilizing precision targeting capabilities, often dominate the market due to their increasing preference among armed forces for higher accuracy and reduced collateral damage, thereby enhancing mission success rates. Unguided systems, while generally simpler and more cost-effective, serve crucial roles in various tactical scenarios, particularly for short-range engagements where high precision is less critical.The growing emphasis on modernizing military arsenals and improving soldier survivability is expected to bolster the demand for both guided and unguided shoulder-fired weapons. Additionally, the integration of new technologies such as smart sensors and advanced materials enhances overall performance and reliability. The need to meet various operational requirements, along with the changing nature of warfare, presents substantial growth opportunities for both segments within the US Shoulder-Fired Weapons Market, indicating a dynamic landscape shaped by ongoing innovations and strategic priorities.
Shoulder-Fired Weapons Market Range Insights
The US Shoulder-Fired Weapons Market showcases a diverse Range segment consisting of Short Range, Medium Range, and High Range classifications, each playing a pivotal role in military and defense strategies. The Short Range category is vital for urban warfare and close combat situations, providing rapid deployment capabilities for troops in confined environments. Conversely, the Medium Range segment supports tactical operations by enabling engaging targets at a moderate distance, offering versatility in various combat scenarios. Additionally, the High Range weapons are crucial for long-distance engagements, often employed in specialized missions where precision and impact are essential.Collectively, these range categories reflect the growing demand for adaptable and effective weaponry, driven by advancements in technology and changing warfare dynamics within the US. Moreover, as defense budgets evolve, the US Shoulder-Fired Weapons Market segmentation continues to present opportunities for innovative weapon designs and increased military capabilities, addressing emerging threats and enhancing operational efficiency across different terrains. As the industry advances, understanding these nuances within the Range classification becomes paramount for strategic investment and development in the US military landscape.
US Shoulder-Fired Weapons Market Key Players and Competitive Insights:
The US Shoulder-Fired Weapons Market is a critical segment of the defense and military industry, characterized by rapid advancements in technology and heightened demand for versatile, effective weaponry that meets the evolving requirements of modern warfare. This market encompasses a wide range of portable weapons that can be employed by individual soldiers or small units, including anti-tank guided missiles, man-portable air defense systems, and integrated close combat systems. As military operations become more dynamic, the competitive landscape in this market increasingly relies on innovation, research and development, and effective supply chain management to achieve steady growth. Key players in the market continuously seek to enhance their product offerings and capitalize on emerging defense contracts, which are ultimately shaped by the strategic needs of the armed forces.Huntington Ingalls Industries is a significant player in the US Shoulder-Fired Weapons Market, renowned for its engineering expertise and commitment to defense innovation. With a focus on advancing technology and transitioning military capabilities, the company has cultivated strong relationships with the US government and military agencies. Huntington Ingalls Industries excels in integrating advanced systems and has a robust portfolio that includes development and support of shoulder-fired systems, platforms, and related technologies, which are pivotal in enhancing the effectiveness of the US armed forces. The company’s strong emphasis on research and development enables it to address the complex demands of national defense while maintaining a competitive edge in this market through efficient production methods and innovative solutions aimed at real-world applications.Lockheed Martin plays a dominant role in the US Shoulder-Fired Weapons Market, recognized for its extensive portfolio of advanced military solutions and commitment to technological innovation. The company develops key products such as anti-tank guided missiles, air defense systems, and various other shoulder-fired platforms that meet the diverse needs of the US military. Lockheed Martin's market presence is bolstered by its well-established relationships with government entities, strategic partnerships, and a history of successful mergers and acquisitions that enhance its capabilities and product offerings. Its strengths lie in research and development initiatives that emphasize cutting-edge technology, and a customer-centric approach to ensure that the needs of the armed forces are met effectively. Additionally, Lockheed Martin's focus on sustainability and modernizing its production processes further strengthens its market position, allowing it to maintain a competitive advantage within the rapidly evolving defense sector in the United States.
Key Companies in the US Shoulder-Fired Weapons Market Include:
US Shoulder-Fired Weapons Market Industry Developments
Significant recent developments in the US Shoulder-Fired Weapons Market reflect an increasing emphasis on modernization and technological advancements among key players such as Lockheed Martin, BAE Systems, and Raytheon. In September 2023, Lockheed Martin announced enhancements to the Javelin missile system, integrating advanced sensors for improved targeting capability. Concurrently, BAE Systems secured a contract for the supply of shoulder-fired weapons to the US Army, reflecting rising demand for lightweight, man-portable systems. The fiscal year 2023 budget allocation by the US Department of Defense, which emphasizes growing investment in defense capabilities, highlights a broad commitment to upgrading existing systems and innovating new technologies within the sector. In terms of mergers and acquisitions, General Dynamics successfully acquired a tactical communications firm in August 2023 to boost their offerings in portable systems, aligning with expansion strategies. The market has also seen growth in valuations due to increasing defense budgets and global security concerns, consolidating the position of companies like Northrop Grumman and Textron in this competitive landscape. Notably, the period between 2021 and 2022 witnessed a surge in demand for shoulder-fired weapons amid geopolitical tensions, further shaping market dynamics.
US Shoulder-Fired Weapons Market Segmentation Insights
Shoulder-Fired Weapons Market Component Outlook
Shoulder-Fired Weapons Market Technology Outlook
Shoulder-Fired Weapons Market Range Outlook
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.45(USD Billion) |
| MARKET SIZE 2024 | 1.6(USD Billion) |
| MARKET SIZE 2035 | 2.63(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.635% (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 Billion |
| KEY COMPANIES PROFILED | Huntington Ingalls Industries, Lockheed Martin, General Dynamics, Leonardo, BAE Systems, Textron, L3Harris Technologies, AeroVironment, SAAB, Thales, Kongsberg Gruppen, Elbit Systems, Northrop Grumman, Rheinmetall, Raytheon |
| SEGMENTS COVERED | Component, Technology, Range |
| KEY MARKET OPPORTUNITIES | Increased defense spending, Modernization of military equipment, Rising demand for personal defense, Advancements in technology and design, Growth in law enforcement procurement |
| KEY MARKET DYNAMICS | increased military spending, technological advancements, rising terrorism threats, growing defense exports, enhanced training programs |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Shoulder-Fired Weapons Market is expected to be valued at 1.6 billion USD in 2024.
By 2035, the market is anticipated to reach a valuation of 2.63 billion USD.
The expected CAGR for the market during this period is 4.635 percent.
The Launcher segment is projected to be valued at 0.85 billion USD in 2024.
The Ammunition segment is expected to reach a valuation of 1.18 billion USD by 2035.
Key players include Lockheed Martin, General Dynamics, BAE Systems, and Northrop Grumman among others.
Current global conflicts are increasing demand for more advanced shoulder-fired weapon systems, positively impacting market growth.
Key growth drivers include the rising defense budgets and the modernization of military forces.
Shoulder-fired weapons are primarily used for infantry operations, anti-armor roles, and air defense applications.
Both the Launcher and Ammunition segments are expected to experience steady growth rates contributing to overall market expansion.
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