Comprehensive Report on the Anti-Tank Rifles Market: Opportunities and Challenges

 Ideal for market intelligence professionals and business strategists, this research uncovers where growth is headed in the anti-tank rifles industry.

What Is The Expected CAGR For The Anti-Tank Rifles Market Through 2025?
The anti-tank rifles market size has grown strongly in recent years. It will grow from $3.31 billion in 2024 to $3.58 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increasing cross-border military conflicts, growing demand for portable anti-armor capabilities, rising asymmetric warfare scenarios, increasing deployment in special forces units, rising investments in border security operations, and increasing availability of surplus and retro-modernized units.

The anti-tank rifles market size is expected to see strong growth in the next few years. It will grow to $4.80 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to rising focus on cost-effective anti-armor alternatives, increasing demand for multi-role infantry weapons, rising use in urban combat scenarios, growing threat of hybrid warfare and non-state militias, and growing cross-border tensions and regional conflicts. Major trends in the forecast period include developing long-range precision capabilities, integration of real-time target acquisition networks, innovation in stealth firing mechanisms, innovation in modular rifle configurations, developing multi-caliber rifle platforms, and integration with soldier-wearable systems.

Get your free sample today:
Anti-Tank Rifles Market Size, Share

Which Key Factors Will Influence Anti-Tank Rifles Market Growth Over 2025-2034?
The rising geopolitical tensions and conflicts are expected to propel the growth of the anti-tank rifles market going forward. Geopolitical tensions and conflicts refer to disputes and hostilities between countries or regions driven by political, economic, or territorial interests. Rising geopolitical tensions and conflicts are primarily driven by territorial disputes, as countries compete to control land, resources, and strategic locations. Anti-tank rifles influence geopolitical tensions and conflicts by altering the balance of power on the battlefield, enabling forces to counter armored threats and shaping strategic decisions. Anti-tank rifles influence geopolitical tensions and conflicts by shaping military strategies and power balances through their ability to counter armored threats on the battlefield. For instance, in January 2025, according to Euronews SA, a France-based television network, In 2024, global conflicts intensified, with political violence increasing by 25% compared to 2023, affecting one in eight people and resulting in around 223,000 deaths, alongside a 37% rise in overall fatalities. Therefore, the rising geopolitical tensions and conflicts are driving the anti-tank rifles market.

Comprehensive Segment-Wise Insights Into The Anti-Tank Rifles Market
The anti-tank rifles market covered in this report is segmented –

1) By Type Of Anti-Tank Rifle: Single-Shot Anti-Tank Rifles, Repeater Anti-Tank Rifles, Semi-Automatic Anti-Tank Rifles, Automatic Anti-Tank Rifles
2) By Technology: Caseless Propulsion, Conventional Propulsion
3) By Caliber Size: Low-Caliber Anti-Tank Rifles (up to.50 caliber), Medium-Caliber Anti-Tank Rifles (between.50 caliber and 20mm), High-Caliber Anti-Tank Rifles (greater than 20mm)
4) By Material: Steel Anti-Tank Rifles, Aluminium Anti-Tank Rifles, Composite Material Anti-Tank Rifles
5) By End User: Homeland Security, Law Enforcement, Military

Subsegments:
1) By Single-Shot Anti-Tank Rifles: Bolt-Action Single-Shot Rifles, Break-Action Single-Shot Rifles
2) By Repeater Anti-Tank Rifles: Lever-Action Repeater Rifles, Pump-Action Repeater Rifles, Bolt-Action Repeater Rifles
3) By Semi-Automatic Anti-Tank Rifles: Gas-Operated Semi-Automatic Rifles, Recoil-Operated Semi-Automatic Rifles
4) By Automatic Anti-Tank Rifles: Fully Automatic Anti-Tank Rifles, Select-Fire Anti-Tank Rifles

What Are The Prominent Trends In The Anti-Tank Rifles Market?
The increasing defense expenditures are expected to propel the growth of the anti-tank rifles market going forward. Defense expenditures refer to the total financial resources a government allocates for maintaining and developing its armed forces, military operations, and related defense activities. Increasing defense expenditures are primarily driven by rising geopolitical tensions and conflicts that compel nations to strengthen their military capabilities. Anti-tank rifles help defense expenditures by providing a cost-effective and portable solution to counter armored threats, reducing the need for more expensive heavy weaponry and vehicle deployments. For instance, in April 2023, according to the Stockholm International Peace Research Institute (SIPRI), a Sweden-based international research institute on arms control, arms transfers, and non-proliferation, in 2022 Russian military spending increased by an estimated 9.2% to approximately $86.4 billion, accounting for 4.1% of the country's GDP, up from 3.7% in 2021. Therefore, the increasing defense expenditures are driving the anti-tank rifles market.

Analysis Of Key Players In Anti-Tank Rifles Market
Major Companies operating in the anti-tank rifles market are Rheinmetall AG, Saab AB, Elbit Systems Ltd., MBDA Missile Systems, Roketsan A.S., Aselsan, Fabrique Nationale Herstal S.A., Accuracy International Ltd., Steyr Mannlicher GmbH & Co KG, Denel Land Systems Proprietary Limited, Israel Weapon Industries (IWI) Ltd., Barrett Firearms Manufacturing Inc., Arsenal JSCo, Cadex Defence Company Inc., SERO International Ltd., Ceská zbrojovka a.s., Zbrojovka Vsetín Inc., McMillan Firearms Manufacturing Inc., Victrix Armaments Srl, KBP Instrument Design Bureau

View the full anti-tank rifles market report here:
Anti-Tank Rifles Market Size, Share

What Are The Key Regional Trends In The Anti-Tank Rifles Market?
North America was the largest region in the Anti-Tank Rifle market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anti-tank rifles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Contact Us:

The Business Research Company

Market Research Reports

Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267

Email: info@tbrc.info


Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company