Research and Markets (http://www.researchandmarkets.com/research/r9b2rh/global) has announced the addition of the "Global Shoulder-fired Weapons Market 2014-2018" report to their offering.
The Global Shoulder Fired Weapons market to grow at a CAGR of 4.63 percent over the period 2013-2018.
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.
There has been growing interest from emerging markets such as India, which is spending billions of dollars to possess and develop such shoulder-fired weapons. At present, the Indian army has a 50 percent shortfall in its authorized holding of ATGMs. India is working on developing a man-portable shoulder-fired ATGM.
According to the report, one of the major drivers of the Global Shoulder-fired Weapons market is developments in warhead capability, which have led to the enhancement and modernization of shoulder-fired weapons to meet requirements.
Further, the report states that one of the major challenges that the market is facing is arms trafficking, which not only affects the organized legal market but has also become the source of weapons for terrorist groups and non-state armed forces.
Key Vendors
- General Dynamics
- Lockheed Martin
- Northrop Grumman
- Raytheon
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/r9b2rh/global
Contacts:
Laura Wood, Senior Manager
press@researchandmarkets.com
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S.
Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Aerospace
and Defence