The Man-Portable Anti-Armor Weapons Global Market Report 2023, provides comprehensive information on the man-portable anti-armor weapons market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Man-Portable Anti-Armor Weapons Market’s Growth:
As per The Business Research Company’s Man-Portable Anti-Armor Weapons Global Market Report 2023, the market size is expected to grow from $5.32 billion in 2022 to $5.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global man-portable anti-armor weapons market size is expected to reach $7.01 billion in 2027 at a CAGR of 5.45%.
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Product innovations have emerged as a key trend gaining popularity in the man-portable anti-armor weapons market. Major companies operating in the man-portable anti-armor weapons market are focused on introducing new products to strengthen their position in the market. For instance, in December 2021, MBDA Missile Systems, a France-based developer and manufacturer of missiles, introduced the new MPCV/MMP (Multi-Purpose Combat Vehicle) anti-tank guided missile weapon station, which is the most advanced high-firepower weapon system that has been especially created to satisfy the most demanding demands of contemporary combat in both complicated urban and open battlefield conditions. The turret has four ready-to-fire missiles, electro-optical sensors, a small caliber cannon, and a firing console built inside the vehicle. Known as the MMP (Missile Moyenne Portée), this French anti-tank guided missile is man-portable. MMP (Missile Moyenne Portée) is a French man-portable anti-tank guided missile.
The man-portable anti-armor weapons market is segmented:
1) By Type: Anti-Aircraft Missiles, Rocket Propelled Grenades, Anti-Tank Rifles, Recoilless Rifle
2) By Technology: Guided Weapons, Unguided Weapons
3) By Application: Homeland Security, Defens
North America was the largest region in the man-portable anti-armor weapons market in 2022.
The table of contents in TBRC’s man-portable anti-armor weapons market report includes:
1. Executive Summary
2. Man-Portable Anti-Armor Weapons Market Characteristics
3. Man-Portable Anti-Armor Weapons Market Trends And Strategies
4. Man-Portable Anti-Armor Weapons Market – Macro Economic Scenario
5. Man-Portable Anti-Armor Weapons Market Size And Growth
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26. Africa Man-Portable Anti-Armor Weapons Market
27. Man-Portable Anti-Armor Weapons Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Man-Portable Anti-Armor Weapons Market
29. Man-Portable Anti-Armor Weapons Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Lockheed Martin Corporation
- Bharat Dynamics Limited (BDL)
- General Dynamics Corporation
- Saab AB
- Raytheon Company
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