Manned Anti-Tank Guided Missile Systems

Global Manned Anti-Tank Guided Missile Systems Market to Reach US$414.1 Million by 2030

The global market for Manned Anti-Tank Guided Missile Systems estimated at US$342.2 Million in the year 2024, is expected to reach US$414.1 Million by 2030, growing at a CAGR of 3.2% over the analysis period 2024-2030. Tube-Launched, one of the segments analyzed in the report, is expected to record a 4.1% CAGR and reach US$111.2 Million by the end of the analysis period. Growth in the Optically-Tracked segment is estimated at 2.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$93.2 Million While China is Forecast to Grow at 6.2% CAGR

The Manned Anti-Tank Guided Missile Systems market in the U.S. is estimated at US$93.2 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$82.4 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.2% and 2.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Global Manned Anti-Tank Guided Missile (ATGM) Systems Market – Key Trends & Drivers Summarized

Why Are Manned ATGM Systems Still Relevant Amid Advancements in Unmanned and Precision Warfare?

Manned anti-tank guided missile (ATGM) systems remain a vital component of modern land-based defense strategies, even as autonomous systems and drone warfare gain prominence. These systems provide infantry and armored units with the tactical ability to destroy enemy tanks, armored personnel carriers, bunkers, and low-flying helicopters using line-of-sight or fire-and-forget guidance. Manned ATGMs offer critical flexibility on the battlefield, allowing forward-deployed troops to neutralize high-value targets at standoff distances, often without requiring air or artillery support.

Despite the growth of unmanned and networked munitions, manned ATGMs offer advantages in cost, portability, and operational control, especially in irregular warfare or contested environments where GPS signals may be jammed or air dominance is uncertain. Systems such as the U.S. FGM-148 Javelin, Russia’s 9M133 Kornet, and Israel’s Spike family provide advanced imaging seekers, tandem-charge warheads, and platform integration options—making them indispensable to infantry battalions, special forces, and mobile anti-armor units. Their continued use across theaters from Ukraine to the Middle East demonstrates their relevance in both conventional and asymmetric conflicts.

How Are Technological Upgrades Enhancing Accuracy, Lethality, and Crew Survivability?

Next-generation manned ATGM systems are undergoing significant enhancements in guidance, propulsion, and warhead design. Modern variants now offer multiple guidance modes including infrared homing, laser beam riding, and fiber-optic control, allowing operators to engage targets in complex terrain, under adverse weather, or during electronic warfare conditions. Fire-and-forget capability, where the operator can disengage immediately after launch, greatly enhances survivability and reduces target acquisition time during mobile operations.

Warhead configurations are becoming increasingly sophisticated, with tandem shaped charges designed to defeat explosive reactive armor (ERA) and penetration-enhanced explosives for reinforced bunkers. Propulsion systems have been improved for extended range—often exceeding 4,000 meters—allowing launch from safer distances. Many manned ATGMs are now mounted on light tactical vehicles, remote weapon stations, and infantry fighting vehicles (IFVs) for greater mobility and reduced crew exposure. Thermal sights, digital targeting modules, and battlefield networking integration are also elevating target discrimination, hit probability, and real-time coordination with allied assets.

Which Operational Scenarios and Military Modernization Programs Are Sustaining Demand?

The continued relevance of manned ATGM systems is evident across a variety of operational contexts—from armored thrusts and static defense to counter-insurgency and urban warfare. In high-intensity combat zones, these systems are deployed to ambush advancing armor columns or defend strategic chokepoints. In asymmetric warfare scenarios, manned ATGMs allow lightly equipped forces to counter enemy armor or fortified positions effectively, even with minimal logistical support. Their ability to operate in GPS-denied, electronically contested environments enhances their versatility across doctrinal landscapes.

Globally, military modernization programs are including ATGMs as standard equipment for ground forces. NATO members are replacing legacy wire-guided systems with shoulder-launched or vehicle-mounted fire-and-forget missiles. In Asia-Pacific, countries such as India, South Korea, and Taiwan are upgrading or indigenizing ATGM capabilities in response to regional tensions. The Middle East and North Africa remain active buyers of manned ATGM systems due to persistent security threats and armored clashes. Additionally, defense exports from major arms-producing nations continue to fuel the global proliferation of both top-tier and cost-effective second-line ATGMs.

What Is Driving Continued Growth in the Manned ATGM Systems Market Despite Shifting Warfare Paradigms?

The growth in the manned ATGM systems market is driven by strategic, operational, and procurement-level imperatives. One primary driver is the enduring threat posed by armored platforms in both conventional and hybrid conflicts. While drone and loitering munitions attract greater media focus, ATGMs provide immediate, ground-based response capabilities that are less susceptible to cyber jamming, electronic disruption, or weather interference. Their tactical simplicity, battlefield reliability, and multi-role effectiveness continue to justify investment by defense ministries worldwide.

Geopolitical instability and regional arms races are prompting countries to diversify their anti-armor inventories, often favoring ATGMs for their cost-efficiency and force-multiplier value. Additionally, ATGM manufacturers are adopting modularity in design, allowing easy upgrades of guidance units, warhead payloads, and launch platforms. Export variants tailored for budget-constrained militaries are expanding market penetration in Africa, Eastern Europe, and South America. The evolving threat of armored drones and robotic ground vehicles is also prompting the adaptation of ATGMs for new target profiles.

Defense innovation is further fueling interest, with R&D focused on counter-active protection system (APS) capabilities, AI-assisted targeting, and man-portable swarm tactics. The transition toward hybrid warfare scenarios—where irregular and state forces operate side-by-side—ensures continued relevance for rugged, mobile, and lethal manned ATGM systems that operate with minimal support infrastructure. As global security doctrines balance high-tech deterrence with proven kinetic options, manned ATGMs will remain an integral part of battlefield strategy and force modernization initiatives.

SCOPE OF STUDY:

The report analyzes the Manned Anti-Tank Guided Missile Systems market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Missile Type (Tube-Launched, Optically-Tracked, Wire-Guided, Missile Moyenne Portée, Javelin, FGM-148 Javelin, Other Missile Types); Firing Platform (Vehicle-Mounted, Man-Portable); End-User (Military, Homeland Security)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 44 Featured) -

• BAE Systems plc
• Boeing Defense, Space & Security
• Denel Dynamics
• Elbit Systems Ltd.
• General Dynamics Corporation
• Hanwha Aerospace
• Israel Aerospace Industries Ltd.
• KBP Instrument Design Bureau
• Kongsberg Defence & Aerospace
• Lockheed Martin Corporation
• Luch Design Bureau
• MBDA
• Nexter Systems
• Northrop Grumman Corporation
• Rafael Advanced Defense Systems
• Raytheon Missiles & Defense
• Rheinmetall AG
• Roketsan A.S.
• Saab AB
• Thales Group

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