Portland, OR -- (SBWIRE) -- 09/21/2017 -- Shoulder fixed weapons are classified as anti-tank or anti-aircraft that use a launcher to fire the warhead at the target. The projectile fired includes guided and un-guided missiles & grenades. Few other missile systems require high operational expertise, but shoulder fired weapons are small enough and can be easily operated and handled by a single person with least requirement of training.

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The global shoulder fixed weapon market is driven by the need for new-generation anti-tank weapons, increase in demand for lightweight guided weapons, and indigenization of weapons. However, the market is restrained by system requirements and design constraints, transfer of technology, and restriction on sale, and long-range weapon system. Need for weapons to fight terrorism and growth in demand for shoulder fired weapons in emerging nations provide opportunities for the market.

The global shoulder fixed weapon market is segmented into range, component, technology, and region. Range covered in this study include short-range, medium-range, and long-range. The component segment includes launcher and ammunition. Based on technology, the market is classified into guided and un-guided weapons. The regions analyzed in the report are North America, Europe, Asia-Pacific, and LAMEA.

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The major companies profiled on the report include Saab AB, Lockheed Martin Corporation, Thales Group, Bazalt, JSC RPC KBM, Raytheon Company, Rafael Advanced Defense Systems Ltd., MBDA, ROKETSAN A.S., and Denel SOC Ltd.

Key Market Players Profiled in the Report

- Saab AB
- Lockheed Martin Corporation
- Thales Group
- Bazalt
- JSC RPC KBM
- Raytheon Company
- Rafael Advanced Defense Systems Ltd.
- MBDA
- ROKETSAN A.S.
- Denel SOC Ltd.