Anti-Tank Missile Market Research Report - Global Forecast till 2027

Global Anti-Tank Missile Market Research Report: Information by Type (Man-Portable and Vehicle-Mounted), Platform (Airborne and Ground-Based), End User (Military and Commercial) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027

ID: MRFR/A&D/2281-CR | August 2019 | Region: Global | 134 pages

Market Scenario


Anti-tank missiles are developed to hit and destroy tanks and other armored military vehicles. These weapons vary in size, ranging from man-portable, tripod-mounted, and shoulder-launched weapons to ground vehicle and aircraft-mounted weapons. These weapons enable the armed troops, ground-vehicles, and fighter aircraft to counter and defeat the small, medium-sized, and main battle tanks (MBTs), even at greater ranges.


The global market is driven by various factors such as the growing military expenses in several countries and increasing procurement of anti-tank missiles. Additionally, the introduction of long-range anti-tank missiles and R&D investments on the existing weapon systems drive the global market.


The Global Anti-Tank Missile Market is projected to grow at 4.25% CAGR during the forecast period.


Segmentation of the Global Anti-Tank Missile Market  Anti-Tank Missile Market


Based on type, the global market has been divided into man-portable and vehicle-mounted. The man-portable segment accounted for the largest market share in 2018 and is expected to witness the highest CAGR during the forecast period, 2019 to 2025. A man-portable anti-tank missile, also called as shoulder-launched anti-tank missile, dominates the global market. These systems are compact and lightweight and can be carried by one soldier. The complete kit includes the missile, launcher, tripod assembly, and required optics. The man-portable anti-tank missile system is intended to destroy manpower, stationary, and mobile armored vehicles.


Based on platform, the global market has been segregated into airborne and ground-based. The ground-based segment accounted for a larger market share in 2018 and is expected to witness a higher CAGR during the forecast period. The growing adoption of unmanned aerial vehicles is expected to drive the segment growth. The ground-based anti-tank missiles are designed to be launched from the ground, via armored vehicles or soldiers. These missiles can efficiently strike and defeat their ground-based targets (such as heavily armored tanks and other armored fighting vehicles). Hence, the segment is expected to propel during the forecast period.


Based on the region, the market has been categorized as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America is estimated to acquire the most significant market share in 2018. However, Asia-Pacific is expected to grow with the highest CAGR during the forecast period. The increasing terrorism and border threats in the region drive the demand in the region. Moreover, countries such as China, India, and Japan have been spending extensively on the anti-tank missiles, in recent years. Hence, the market is expected to grow at the highest CAGR during the forecast period in Asia-Pacific.


Key Players


The key players in the global anti-tank missile market are Rafael Advanced Defense Systems (Israel), MBDA (France), Raytheon Company (US), KBP Instrument Design Bureau (Russia), Saab AB (Sweden), Elbit Systems Ltd. (Israel), Denel Dynamics (South Africa), General Dynamics Corporation  (US), Lockheed Martin Corporation (US), and ROKETSAN A.S. (Turkey).


Research Methodology


The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.


Secondary Research


In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.


Primary Research


In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.


Key Insights



  • Market sizing, forecast, and analysis: detailed coverage of the market segment and sub-segments

  • Regional/country trends and forecast: detailed analysis of the market in North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America, along with key countries in each region

  • Market dynamics intelligence: market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis

  • Technology trends, regulatory landscape, and patent analysis outlook

  • Competitive intelligence: market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions

  • Regional attractiveness and related growth opportunities


Intended Audience



  • Anti-tank missile manufacturers

  • Defense companies

  • Government authorities

  • Research institutes

  • Regulatory bodies



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Frequently Asked Questions (FAQ) :


The anti-tank missile market can rise at 4.25% CAGR by 2025.

By 2027, the anti-tank missile market can value high.

Saab AB (Sweden), KBP Instrument Design Bureau (Russia), Raytheon Company (US), and Elbit Systems Ltd. (Israel) are some reputed companies in the anti-tank missile market.

Rise in terrorist activities to support anti-tank missile market expansion.

EU anti-tank missile market can rise exponentially.

1 Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Anti-Tank Missile Market, By Type

1.1.2. Global Anti-Tank Missile Market, By Platform

1.1.3. Global Anti-Tank Missile Market, By Region

2 Market Introduction

2.1. Market Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3 Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

4 Market Insights

5 Market Dynamics

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

5.6. Market/Technological Trends

5.7. Patent Trends

5.8. Regulatory Landscape/Standards

6 Market Factor Analysis

6.1. Value Chain/Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat Of New Entrants

6.2.2. Bargaining Power Of Buyers

6.2.3. Threat Of Substitutes

6.2.4. Rivalry

6.2.5. Bargaining Power Of Supplies

7 Global Anti-Tank Missile Market, By Type

7.1. Introduction

7.2. Man-Portable

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, By Region, 2020-2027

7.3. Vehicle-Mounted

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, By Region, 2020-2027

8 Global Anti-Tank Missile Market, By Platform

8.1. Introduction

8.2. Airborne

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, By Region, 2020-2027

8.3. Ground-Based

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast, By Region, 2020-2027

9 Global Anti-Tank Missile Market, By Region

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, By Country, 2020-2027

9.2.2. Market Estimates & Forecast, By Type, 2020-2027

9.2.3. Market Estimates & Forecast, By Platform, 2020-2027

9.2.4. US

9.2.4.1. Market Estimates & Forecast, By Type, 2020-2027

9.2.4.2. Market Estimates & Forecast, By Platform, 2020-2027

9.2.5. Canada

9.2.5.1. Market Estimates & Forecast, By Type, 2020-2027

9.2.5.2. Market Estimates & Forecast, By Platform, 2020-2027

9.3. Europe

9.3.1. Market Estimates & Forecast, By Country, 2020-2027

9.3.2. Market Estimates & Forecast, By Type, 2020-2027

9.3.3. Market Estimates & Forecast, By Platform, 2020-2027

9.3.4. UK

9.3.4.1. Market Estimates & Forecast, By Type, 2020-2027

9.3.4.2. Market Estimates & Forecast, By Platform, 2020-2027

9.3.5. Germany

9.3.5.1. Market Estimates & Forecast, By Type, 2020-2027

9.3.5.2. Market Estimates & Forecast, By Platform, 2020-2027

9.3.6. France

9.3.6.1. Market Estimates & Forecast, By Type, 2020-2027

9.3.6.2. Market Estimates & Forecast, By Platform, 2020-2027

9.3.7. Russia

9.3.7.1. Market Estimates & Forecast, By Type, 2020-2027

9.3.7.2. Market Estimates & Forecast, By Platform, 2020-2027

9.3.8. Rest Of Europe

9.3.8.1. Market Estimates & Forecast, By Type, 2020-2027

9.3.8.2. Market Estimates & Forecast, By Platform, 2020-2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, By Country, 2020-2027

9.4.2. Market Estimates & Forecast, By Type, 2020-2027

9.4.3. Market Estimates & Forecast, By Platform, 2020-2027

9.4.4. China

9.4.4.1. Market Estimates & Forecast, By Type, 2020-2027

9.4.4.2. Market Estimates & Forecast, By Platform, 2020-2027

9.4.5. Japan

9.4.5.1. Market Estimates & Forecast, By Type, 2020-2027

9.4.5.2. Market Estimates & Forecast, By Platform, 2020-2027

9.4.6. India

9.4.6.1. Market Estimates & Forecast, By Type, 2020-2027

9.4.6.2. Market Estimates & Forecast, By Platform, 2020-2027

9.4.7. South Korea

9.4.7.1. Market Estimates & Forecast, By Type, 2020-2027

9.4.7.2. Market Estimates & Forecast, By Platform, 2020-2027

9.4.8. Rest Of Asia-Pacific

9.4.8.1. Market Estimates & Forecast, By Type, 2020-2027

9.4.8.2. Market Estimates & Forecast, By Platform, 2020-2027

9.5. Middle East & Africa

9.5.1. Market Estimates & Forecast, By Country, 2020-2027

9.5.2. Market Estimates & Forecast, By Type, 2020-2027

9.5.3. Market Estimates & Forecast, By Platform, 2020-2027

9.5.4. UAE

9.5.4.1. Market Estimates & Forecast, By Type, 2020-2027

9.5.4.2. Market Estimates & Forecast, By Platform, 2020-2027

9.5.5. Saudi Arabia

9.5.5.1. Market Estimates & Forecast, By Type, 2020-2027

9.5.5.2. Market Estimates & Forecast, By Platform, 2020-2027

9.5.6. Israel

9.5.6.1. Market Estimates & Forecast, By Type, 2020-2027

9.5.6.2. Market Estimates & Forecast, By Platform, 2020-2027

9.5.7. Rest Of Middle East & Africa

9.5.7.1. Market Estimates & Forecast, By Type, 2020-2027

9.5.7.2. Market Estimates & Forecast, By Platform, 2020-2027

9.6. Latin America

9.6.1. Market Estimates & Forecast, By Country, 2020-2027

9.6.2. Market Estimates & Forecast, By Type, 2020-2027

9.6.3. Market Estimates & Forecast, By Platform, 2020-2027

9.6.4. Brazil

9.6.4.1. Market Estimates & Forecast, By Type, 2020-2027

9.6.4.2. Market Estimates & Forecast, By Platform, 2020-2027

9.6.5. Rest Of Latin America

9.6.5.1. Market Estimates & Forecast, By Type, 2020-2027

9.6.5.2. Market Estimates & Forecast, By Platform, 2020-2027

10 Competitive Landscape

10.1. Competitive Overview

10.2. Competitor Dashboard

10.3. Major Growth Strategies In The Global Anti-Tank Missile Market

10.4. Competitive Benchmarking

10.5. Market Share Analysis

10.6. Lockheed Martin Corporation: The Leading Player In Terms Of Number Of Developments In The Global Anti-Tank Missile Market

10.7. Key Developments & Growth Strategies

10.7.1. Platform Launches/Service Deployments

10.7.2. Mergers & Acquisitions

10.7.3. Joint Ventures

11 Company Profiles

11.1. Denel Dynamics

11.1.1. Company Overview

11.1.2. Platforms/Services Offered

11.1.3. Financial Overview

11.1.4. Key Developments

11.1.5. SWOT Analysis

11.1.6. Key Strategies

11.2. Elbit Systems Ltd.

11.2.1. Company Overview

11.2.2. Platforms/Services Offered

11.2.3. Financial Overview

11.2.4. Key Developments

11.2.5. SWOT Analysis

11.2.6. Key Strategies

11.3. General Dynamics Corporation

11.3.1. Company Overview

11.3.2. Platforms/Services Offered

11.3.3. Financial Overview

11.3.4. Key Developments

11.3.5. SWOT Analysis

11.3.6. Key Strategies

11.4. KBP Instrument Design Bureau

11.4.1. Company Overview

11.4.2. Platforms/Services Offered

11.4.3. Financial Overview

11.4.4. Key Developments

11.4.5. SWOT Analysis

11.4.6. Key Strategies

11.5. Lockheed Martin Corporation

11.5.1. Company Overview

11.5.2. Platforms/Services Offered

11.5.3. Financial Overview

11.5.4. Key Developments

11.5.5. SWOT Analysis

11.5.6. Key Strategies

11.6. MBDA

11.6.1. Company Overview

11.6.2. Platforms/Services Offered

11.6.3. Financial Overview

11.6.4. Key Developments

11.6.5. SWOT Analysis

11.6.6. Key Strategies

11.7. Rafael Advanced Defense Systems

11.7.1. Company Overview

11.7.2. Platforms/Services Offered

11.7.3. Financial Overview

11.7.4. Key Developments

11.7.5. SWOT Analysis

11.7.6. Key Strategies

11.8. ROKETSAN A.S.

11.8.1. Company Overview

11.8.2. Platforms/Services Offered

11.8.3. Financial Overview

11.8.4. Key Developments

11.8.5. SWOT Analysis

11.8.6. Key Strategies

11.9. Raytheon Company

11.9.1. Company Overview

11.9.2. Platforms/Services Offered

11.9.3. Financial Overview

11.9.4. Key Developments

11.9.5. SWOT Analysis

11.9.6. Key Strategies

11.10. Saab AB

11.10.1. Company Overview

11.10.2. Platforms/Services Offered

11.10.3. Financial Overview

11.10.4. Key Developments

11.10.5. SWOT Analysis

11.10.6. Key Strategies

12 Appendix

12.1. References

12.2. Related Reports

12.3. List Of Abbreviations

13 Industry Insights

14 List Of Tables

Table 1 Global Anti-Tank Missile Market, By Region, 2020-2027

Table 2 North America: Anti-Tank Missile Market, By Country, 2020-2027

Table 3 Europe: Anti-Tank Missile Market, By Country, 2020-2027

Table 4 Asia-Pacific: Anti-Tank Missile Market, By Country, 2020-2027

Table 5 Middle East & Africa: Anti-Tank Missile Market, By Country, 2020-2027

Table 6 Latin America: Anti-Tank Missile Market, By Country, 2020-2027

Table 7 Global Anti-Tank Missile Market Size, By Region, 2020-2027

Table 8 North America: Anti-Tank Missile Market Size, By Country, 2020-2027

Table 9 Europe: Anti-Tank Missile Market Size, By Country, 2020-2027

Table 10 Asia-Pacific: Anti-Tank Missile Market Size, By Country, 2020-2027

Table 11 Middle East & Africa: Anti-Tank Missile Market Size, By Country, 2020-2027

Table 12 Latin America: Anti-Tank Missile Market Size, By Country, 2020-2027

Table 13 Global Anti-Tank Missile Type Market, By Region, 2020-2027

Table 14 North America: Anti-Tank Missile Type Market, By Country, 2020-2027

Table 15 Europe: Anti-Tank Missile Type Market, By Country, 2020-2027

Table 16 Asia-Pacific: Anti-Tank Missile Type Market, By Country, 2020-2027

Table 17 Middle East & Africa: Anti-Tank Missile Type Market, By Country, 2020-2027

Table 18 Latin America: Anti-Tank Missile Type Market, By Country, 2020-2027

Table 19 Global Anti-Tank Missile Platform Market, By Region, 2020-2027

Table 20 North America: Anti-Tank Missile Platform Market, By Country, 2020-2027

Table 21 Europe: Anti-Tank Missile Platform Market, By Country, 2020-2027

Table 22 Asia-Pacific: Anti-Tank Missile Platform Market, By Country, 2020-2027

Table 23 Middle East & Africa: Anti-Tank Missile Platform Market, By Country, 2020-2027

Table 24 Latin America: Anti-Tank Missile Platform Market, By Country, 2020-2027

Table 25 Global Anti-Tank Missile Market, By Region, 2020-2027

Table 26 Global Anti-Tank Missile Market, By Type, 2020-2027

Table 27 Global Anti-Tank Missile Market, By Platform, 2020-2027

Table 28 North America: Anti-Tank Missile Market, By Country, 2020-2027

Table 29 North America: Anti-Tank Missile Market, By Type, 2020-2027

Table 30 North America: Anti-Tank Missile Market, By Platform, 2020-2027

Table 31 Europe: Anti-Tank Missile Market, By Country, 2020-2027

Table 32 Europe: Anti-Tank Missile Market, By Type, 2020-2027

Table 33 Europe: Anti-Tank Missile Market, By Platform, 2020-2027

Table 34 Asia-Pacific: Anti-Tank Missile Market, By Country, 2020-2027

Table 35 Asia-Pacific: Anti-Tank Missile Market, By Type, 2020-2027

Table 36 Asia-Pacific: Anti-Tank Missile Market, By Platform, 2020-2027

Table 37 Middle East & Africa: Anti-Tank Missile Market, By Country, 2020-2027

Table 38 Middle East & Africa: Anti-Tank Missile Market, By Type, 2020-2027

Table 39 Middle East & Africa: Anti-Tank Missile Market, By Platform, 2020-2027

Table 40 Latin America: Anti-Tank Missile Market, By Country, 2020-2027

Table 41 Latin America: Anti-Tank Missile Market, By Type, 2020-2027

Table 42 Latin America: Anti-Tank Missile Market, By Platform, 2020-2027

15 List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down And Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Anti-Tank Missile Market Share, By Type, 2020 (%)

FIGURE 9 Global Anti-Tank Missile Market, By Type, 2020-2027(USD Million)

FIGURE 10 Global Anti-Tank Missile Market Share, By Platform, 2020 (%)

FIGURE 11 Global Anti-Tank Missile Market, By Platform, 2020-2027(USD Million)

FIGURE 12 Global Anti-Tank Missile Market Share (%), By Region, 2020

FIGURE 13 Global Anti-Tank Missile Market, By Region, 2020-2027(USD Million)

FIGURE 14 North America: Anti-Tank Missile Market Share (%), 2020

FIGURE 15 North America: Anti-Tank Missile Market, By Country, 2020-2027(USD Million)

FIGURE 16 Europe: Anti-Tank Missile Market Share (%), 2020

FIGURE 17 Europe: Anti-Tank Missile Market, By Country, 2020-2027(USD Million)

FIGURE 18 Asia-Pacific: Anti-Tank Missile Market Share (%), 2020

FIGURE 19 Asia-Pacific: Anti-Tank Missile Market, By Country, 2020-2027(USD Million)

FIGURE 20 Middle East & Africa: Anti-Tank Missile Market Share (%), 2020

FIGURE 21 Middle East & Africa: Anti-Tank Missile Market, By Country, 2020-2027(USD Million)

FIGURE 22 Latin America: Anti-Tank Missile Market Share (%), 2020

FIGURE 23 Latin America: Anti-Tank Missile Market, By Country, 2020-2027(USD Million)