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 Shoulder-fired Weapons Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Shoulder-fired Weapons industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Shoulder-fired Weapons by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Shoulder-fired Weapons market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Shoulder-fired Weapons market for 2015-2027.

Key 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

Shoulder-fired Weapons Market by Type
Short Range
Medium Range
Extended Range
Shoulder-fired Weapons Market by Application
Defense
Home Security
Other

Shoulder-fired Weapons Market by Region
United States
Europe
China
Japan
Other Regions

Shoulder-fired Weapons Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa


At the same time, we classify Shoulder-fired Weapons according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Shoulder-fired Weapons market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Shoulder-fired Weapons market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Shoulder-fired Weapons market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

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 2021 - 2027?
• What are the driving forces in the Shoulder-fired Weapons market for the forecast period 2021 - 2027?
• 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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