Man Portable Anti Tank System Market Report 2026

The man portable anti tank system market size has grown strongly in recent years. It will grow from $4.34 billion in 2025 to $4.63 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing procurement of portable anti tank systems, growing reliance on guided munitions, rising use of thermal targeting units, expansion of infantry modernization programs, reliance on imported propulsion components.

The man portable anti tank system market size is expected to see strong growth in the next few years. It will grow to $5.9 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing development of lightweight launcher technologies, rising adoption of advanced targeting sensors, expansion of autonomous guidance enhancements, growth in defense spending, increasing need for mobile anti armor capabilities. Major trends in the forecast period include integration of AI-assisted target acquisition systems, expansion of autonomous guidance enhancements, growth of digital fire-control and diagnostics platforms, adoption of advanced manufacturing for lightweight launchers, deployment of IOT-enabled battlefield connectivity.

The rise in geopolitical tensions is expected to drive the growth of the man-portable anti-tank system market going forward. Geopolitical tensions refer to strained or hostile relations between countries or regions stemming from political, territorial, or strategic disputes, often resulting in heightened security concerns and increased military preparedness. These tensions are growing due to escalating territorial conflicts that push nations to strengthen their defense capabilities and maintain elevated military readiness. Man-portable anti-tank systems play a critical role in such environments by enabling forces to destroy enemy armored vehicles, enhance infantry mobility, and deter tank advancements. For example, in April 2024, according to the Stockholm International Peace Research Institute (SIPRI), a Sweden-based research institute, global military expenditure reached $2.44 trillion in 2023, representing a 6.8% increase in real terms compared to 2022. Consequently, the rise in geopolitical tensions is contributing to the growth of the man-portable anti-tank system market.

Key companies operating in the man-portable anti-tank system market are focusing on developing advanced solutions, such as dual-mode seeker fire-and-forget guided missiles, to gain a competitive advantage. Dual-mode seeker fire-and-forget guided missiles are weapon systems that autonomously guide a delivered warhead to a designated point using combined sensor modalities, providing reliable, trackable, point-to-point delivery comparable to secure, end-to-end prescription delivery services. For instance, in October 2024, Israel Aerospace Industries (IAI), an Israel-based aerospace and defense company, introduced the Teaser guided missile, which features external optical (ACLOS) guidance that does not rely on onboard homing sensors or GNSS, a compact shoulder-launchable design with up to 2,500 m engagement range, and an electrically initiated soft-launch capability enabling safe indoor launches. These systems increase infantry lethality and operational flexibility while raising per-unit costs and training requirements.

In January 2024, MBDA Holdings SAS, a missile systems manufacturer headquartered in France, entered into a partnership with Saab AB to strengthen military capabilities amid rising threats from high-intensity conflicts. The collaboration focuses on jointly developing and integrating advanced anti-tank and air defense systems by leveraging the technological strengths of both companies. The partnership aims to expand capabilities in next-generation guided weaponry to meet the demands of evolving combat environments and improve defense interoperability across Europe. Saab AB is a defense and security company based in Sweden that produces a variety of advanced systems, including man-portable anti-tank systems (MANPATS).

Major companies operating in the man portable anti tank system market are Raytheon Technologies Corporation, Lockheed Martin Corporation, China North Industries Corporation, BAE Systems Public Limited Company, Thales Group, Singapore Technologies Engineering Limited, Rheinmetall AG, Hanwha Aerospace Company Limited, MBDA, Saab Aktiebolag, Rafael Advanced Defense Systems Limited, Matra BAE Dynamics Alenia Missile Systems, Defence Research and Development Organisation, Roketsan Roket Sanayii ve Ticaret Anonim Şirketi, Nammo Aktiebolag, Denel Dynamics, Bharat Dynamics Limited, Nexter Systems Group, EuroSpike Gesellschaft mit beschränkter Haftung, KBP Instrument Design Bureau.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the man portable anti tank system market by increasing costs for imported alloys, electronics, guidance sensors, and propulsion components essential for modern anti-armor weapons. Military and paramilitary users in regions dependent on imported defense-grade materialssuch as North America, Europe, and Asia-Pacificare most affected. However, tariffs are supporting domestic defense manufacturing, regional component sourcing, and innovation in cost-efficient guided munitions, enhancing long-term production stability.

The man portable anti tank system market research report is one of a series of new reports that provides man portable anti tank system market statistics, including the man portable anti tank system industry global market size, regional shares, competitors with the man portable anti tank system market share, detailed man portable anti tank system market segments, market trends, and opportunities, and any further data you may need to thrive in the man portable anti tank system industry. This man portable anti tank system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A man-portable anti-tank system is a lightweight, shoulder-fired weapon intended for individual soldiers to engage and destroy armored targets such as tanks, armored vehicles, and fortified positions. These systems integrate advanced targeting technology with high-powered warheads, allowing ground troops to act independently across various combat scenarios while retaining the capability to eliminate high-value targets with both precision and mobility.

The primary categories of man-portable anti-tank systems include guided missile systems, unguided missile systems, rocket systems, anti-tank grenades, and others. Guided missile systems utilize navigation and targeting technologies for accurate strikes on armored threats, whereas unguided missile systems depend on fixed flight paths and operator direction. Core components of these systems include launchers, ammunition, and fire control units, with operational ranges classified as short, medium, or long. These systems are deployed on platforms such as infantry units, special forces, and others, and are utilized by a range of end users including the military, paramilitary forces, defense contractors, civilians, and others.North America was the largest region in the man portable anti tank system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in man portable anti-tank system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the man portable anti-tank system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The man portable anti-tank system market consists of sales of targeting units, control systems, fire-and-forget guided missiles, thermal imaging systems, and training simulators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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