Anti-Tank Rifles Market Report 2026

The anti-tank rifles market size has grown strongly in recent years. It will grow from $3.58 billion in 2025 to $3.86 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to development of high-caliber bolt-action anti-tank rifles during early armored warfare, adoption of anti-materiel rifles for penetrating light armor, use of shoulder-fired recoilless rifles in mid-20th century conflicts, integration of high-caliber sniper rifles for specialized military operations, implementation of design, testing, and maintenance services to enhance operational reliability.

The anti-tank rifles market size is expected to see strong growth in the next few years. It will grow to $5.16 billion in 2030 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growing interest in modern anti-materiel and precision rifles for specialized tactical operations, adoption of smart scopes and targeting systems to improve accuracy, rising procurement for training and simulation services, focus on lightweight and portable anti-armor firearms, increasing aftermarket services for maintenance, upgrades, and ammunition supply. Major trends in the forecast period include modernization of anti-materiel rifle platforms, growing adoption of smart scopes and digital targeting systems, increased demand for recoil-reduction and ergonomic weapon designs, rising interest in historical and collectible anti-tank rifles, expanded use of advanced materials for lightweight, high-strength rifles.

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.

Major companies operating in the anti-tank rifles market are focusing on technological advancements such as weapon system integration to improve lethality, targeting precision, and operator ergonomics. Weapon system integration involves combining the rifle with modular fire‑control suites, advanced sighting systems, and reduced‑recoil mechanisms to enable faster target acquisition, higher first‑round hit probability, and sustained performance under combat conditions. For example, in March 2024, Saab, a Sweden-based defense and security company, launched the Carl Gustaf M4 manufacturing initiative, highlighting the weapon’s integration readiness with modern sighting technologies, the use of carbon-fiber‑wound components to reduce weight and improve handling, and localized production processes designed to strengthen supply chain resilience.

In February 2025, Raytheon Technologies Corporation, a US-based defense contractor, partnered with Lockheed Martin. This partnership aims to assess the feasibility of co-producing and manufacturing the Javelin anti-tank missile system in India to meet future requirements of the Indian Ministry of Defense while strengthening India's defense capabilities and supporting local industry. Lockheed Martin Corporation is a US-based aerospace and defense company that specializes in advanced technology systems, products, and services for military and commercial use.

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., Česká zbrojovka a.s., Zbrojovka Vsetín Inc., McMillan Firearms Manufacturing Inc., Victrix Armaments Srl, KBP Instrument Design Bureau.

North America was the largest region in the Anti-Tank Rifle market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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 on metals and precision components have increased production costs and slowed cross-border sourcing for anti-tank rifles, particularly impacting regions dependent on imported alloys. These tariffs also delay supply chains for accessories and ammunition. However, they encourage domestic manufacturing, promote localized material sourcing, and strengthen national defense manufacturing capabilities.

The anti-tank rifles market research report is one of a series of new reports that cover anti-tank rifles market statistics, including the anti-tank rifles industry's global market size, regional shares, competitors with the anti-tank rifles market share, detailed anti-tank rifles market segments, market trends and opportunities, and any further data you may need to thrive in the anti-tank rifles market. This anti-tank rifles 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.

Anti-tank rifles are high-caliber firearms specifically engineered to penetrate the armor of tanks and other armored vehicles, predominantly used during early 20th-century warfare. Their significance declined with the emergence of more advanced armored technologies and modern anti-tank weaponry.

The primary types of anti-tank rifles include single-shot, repeater, semi-automatic, and automatic variants. Single-shot anti-tank rifles are large-caliber weapons designed to fire one powerful round capable of breaching armored vehicles. These rifles were widely utilized in early 20th-century combat. Technologies incorporated in these rifles include caseless propulsion and conventional propulsion systems. Caliber sizes are categorized as low-caliber (up to.5 caliber), medium-caliber (.5 caliber to 20mm), and high-caliber (greater than 20mm). The rifles are constructed from a variety of materials such as steel, aluminum, and composite materials. Users of these weapons range from homeland security agencies and law enforcement to military forces.

The countries covered in the anti-tank rifles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The anti-tank rifles market consists of revenues earned by entities by providing services such as design and engineering services, testing and certification, maintenance and repair services, training and simulation, and ammunition supply and management. The market value includes the value of related goods sold by the service provider or included within the service offering. The anti-tank rifles market also includes sales of bolt-action anti-tank rifles, anti-materiel rifles, shoulder-fired recoilless rifles, high-caliber sniper rifles, and smart scopes and targeting systems. 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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