The study covers a detailed analysis segmented by key business segments i.e. by type (Recoilless Gun and Rocket-Propelled Grenade) and major geographies.
What is Shoulder Fired Weapons?
The increasing use of sophisticated armored machinery in conflicts is the major factor driving the market growth during the forecast period. Shoulder-fired weapons are a firearm that is fired while being held in the hands with the butt of the weapon braced against the shoulder. It is used to destroy modern sophisticated equipment such as close air-support aircraft, helicopters, and lightly armored vehicles. Their design makes systems highly lethal and effective, lightweight, intuitive, and easy to use with minimum training required, maintenance-free, and life-cycle cost-effective.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Shoulder Fired Weapons market analysis report suggests strategies Manufacturers can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, including:
- Lockheed Martin (United States)
- Nammo (Norway)
- Raytheon Technologies (United States)
- Saab AB (Sweden)
- MBDA (France)
On 13th February 2022, Lockheed Martin announced it has terminated its agreement to acquire Aerojet Rocketdyne Holdings, Inc. The decision to terminate the agreement follows the U.S. Federal Trade Commission's (FTC) lawsuit filed late last month seeking a preliminary injunction to block the acquisition. The acquisition of Aerojet Rocketdyne would have benefitted the entire industry through greater efficiency, speed, and significant cost reductions for the U.S. government.
The players in the Global Shoulder Fired Weapons market are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Need for New-Generation Anti-Tank Weapons and Adoption of Highly Advanced Shoulder Fired Weapons
- Extensive use of Shoulder-Fired Weapons like the Carl Gustaf Recoilless Rifle, the M72 LAW, or the AT4 Exposes Service Members to “Overpressure” of the Brain
Surging Demand for Shoulder Fired Weapons in Developing Countries
Key highlights of the Global Shoulder Fired Weapons market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Shoulder Fired Weapons market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Shoulder Fired Weapons market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Shoulder Fired Weapons Manufacturers
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Shoulder Fired Weapons market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Shoulder Fired Weapons market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Shoulder Fired Weapons Manufacturers, Shoulder Fired Weapons Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. Where the Shoulder Fired Weapons industry is heading?
Shoulder Fired Weapons Market is heading robustly to achieve new growth cycle.2. Is Shoulder Fired Weapons market is changing from growth to value?
The Concentration Rate of Global Shoulder Fired Weapons market is dominated by Manufacturers to generate healthy valuation by 2027.
3. Who are the key players profiled in the Shoulder Fired Weapons Market?
Companies that are profiled in Global Shoulder Fired Weapons Market are Lockheed Martin (United States), Nammo (Norway), Raytheon Technologies (United States), Saab AB (Sweden) and MBDA (France) etc.