Global Grenade Launchers Market Growth 2025-2031
Description
The global Grenade Launchers market size is predicted to grow from US$ 1615 million in 2025 to US$ 2148 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
This report focus on grenade launchers market. A grenade launcher is a weapon that fires a specially-designed large-caliber projectile, often with an explosive, smoke or gas warhead.
Grenade launchers are a form of portable firepower available to infantry units, allowing them augment the basic assault rifle. Unlike the RPG, the grenade launcher uses an High-Low propulsion launching system to reduce the recoil and are effective in the 400 meters range. These can be a stand alone system like the M79 or be an multi-launcher, like the MGL, or even the most popular form, the underslung single-grenade launcher. The most used and famous of the assault rifle underslung grenade launchers is the M203 40x46mm. Some armored fighting vehicles also mount fixed arrays of short range, single-shot grenade launchers as a means of defense.
According to the 2022 global military expenditure statistics report released by the SIPRI, global military spending in 2022 maintained growth for the eighth consecutive year, an increase of 3.7% compared with 2021, reaching $2.24 trillion. The United States had the largest military expenditure in the world, with a size of $877 billion, accounting for 39% of the world"s total military expenditure. China and Russia were second and third, respectively. Ukraine"s defense spending increased by 640% in 2022, making it the 11th largest defense spender in the world. The UK had the highest defence spending in Central and Western Europe at $68.5 billion. France, South Korea and Japan also rank among the world"s top 10 defense spenders.
LP Information, Inc. (LPI) ' newest research report, the “Grenade Launchers Industry Forecast” looks at past sales and reviews total world Grenade Launchers sales in 2024, providing a comprehensive analysis by region and market sector of projected Grenade Launchers sales for 2025 through 2031. With Grenade Launchers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grenade Launchers industry.
This Insight Report provides a comprehensive analysis of the global Grenade Launchers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grenade Launchers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grenade Launchers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grenade Launchers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grenade Launchers.
This report presents a comprehensive overview, market shares, and growth opportunities of Grenade Launchers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vehicular
Portable
Segmentation by Application:
Military Use
Civilian and Law Enforcement Use
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Moog
Thales Group
Krauss-Maffei
Wegmann
GES Engineering
NERO
Northrop Grumman (Orbital ATK)
MILKOR USA Inc
Rosoboronexport
BAE Systems
Colt
Heckler and Koch GmbH
General Dynamics
Knight's Armament Company
ST Kinetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Grenade Launchers market?
What factors are driving Grenade Launchers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Grenade Launchers market opportunities vary by end market size?
How does Grenade Launchers break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
This report focus on grenade launchers market. A grenade launcher is a weapon that fires a specially-designed large-caliber projectile, often with an explosive, smoke or gas warhead.
Grenade launchers are a form of portable firepower available to infantry units, allowing them augment the basic assault rifle. Unlike the RPG, the grenade launcher uses an High-Low propulsion launching system to reduce the recoil and are effective in the 400 meters range. These can be a stand alone system like the M79 or be an multi-launcher, like the MGL, or even the most popular form, the underslung single-grenade launcher. The most used and famous of the assault rifle underslung grenade launchers is the M203 40x46mm. Some armored fighting vehicles also mount fixed arrays of short range, single-shot grenade launchers as a means of defense.
According to the 2022 global military expenditure statistics report released by the SIPRI, global military spending in 2022 maintained growth for the eighth consecutive year, an increase of 3.7% compared with 2021, reaching $2.24 trillion. The United States had the largest military expenditure in the world, with a size of $877 billion, accounting for 39% of the world"s total military expenditure. China and Russia were second and third, respectively. Ukraine"s defense spending increased by 640% in 2022, making it the 11th largest defense spender in the world. The UK had the highest defence spending in Central and Western Europe at $68.5 billion. France, South Korea and Japan also rank among the world"s top 10 defense spenders.
LP Information, Inc. (LPI) ' newest research report, the “Grenade Launchers Industry Forecast” looks at past sales and reviews total world Grenade Launchers sales in 2024, providing a comprehensive analysis by region and market sector of projected Grenade Launchers sales for 2025 through 2031. With Grenade Launchers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grenade Launchers industry.
This Insight Report provides a comprehensive analysis of the global Grenade Launchers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grenade Launchers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grenade Launchers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grenade Launchers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grenade Launchers.
This report presents a comprehensive overview, market shares, and growth opportunities of Grenade Launchers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vehicular
Portable
Segmentation by Application:
Military Use
Civilian and Law Enforcement Use
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Moog
Thales Group
Krauss-Maffei
Wegmann
GES Engineering
NERO
Northrop Grumman (Orbital ATK)
MILKOR USA Inc
Rosoboronexport
BAE Systems
Colt
Heckler and Koch GmbH
General Dynamics
Knight's Armament Company
ST Kinetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Grenade Launchers market?
What factors are driving Grenade Launchers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Grenade Launchers market opportunities vary by end market size?
How does Grenade Launchers break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
111 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Grenade Launchers by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Grenade Launchers by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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