Shoulder fired weapons could be classified as anti-tank or anti-aircraft that uses a launcher to fire the warhead at the target. The projectile fired include guided as well as unguided missiles and grenades. Unlike other missile systems which tend to be bulky and require operational expertise, shoulder fired weapons are small enough to be carried by a single person and operated easily with much less level of training required.
On the basis of component, the shoulder fired weapons market has been segmented into launcher and ammunition. The launcher segment is projected to grow at the highest CAGR during the forecast period. The rising demand for shoulder fired weapons can be attributed to several factors including increasing focus on close combat scenario, upgradation of existing old generation systems, need for man portable air defense systems, and precision strike on enemy platforms, among others.
The use of shoulder fired weapons in defense has increased considerably in the past few years mainly driven by the rise in urban warfare. Asymmetric warfare requires mobile and man portable weapon systems for swift and fast operations against enemy platforms. Shoulder fired weapons provide significant anti-bunker, anti-tank, and anti-personnel capabilities to ground troops.
North America is expected to lead the shoulder fired weapons market during the forecast period. One of the key factors driving of the North America shoulder fired weapons market is technological advancements in warfare platforms. Russia and China are the two major countries that are increasingly investing in shoulder fired weapons and related technologies.
The Global Shoulder-fired Weapons Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023-2030.
As the report focuses on global Shoulder-fired Weapons Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Saab AB
The Raytheon Company
Lockheed Martin
Rafael Advanced Defense Systems
Thales Group
MBDA Holdings
JSC SPA Bazalt
Nammo AS
KBP Instrument Design Bureau
JSC KBM
Norinco (China North Industries Corporation)
Denel SOC Ltd
Roketsan A.S

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Short Range
Medium Range
Extended Range

In Market segmentation by applications :
Defense
Home Security
Other

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Shoulder-fired Weapons Market for the forecast period 2023-2030?
• What are the driving forces in the Shoulder-fired Weapons Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Shoulder-fired Weapons industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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