Manned Anti-Tank Guided Missile Systems Market By Product Type (Manned Land-Based, Manned Vehicle-Mounted, Manned Marine-Based), By Missile Type (Wire-guided Anti-Tank Missiles, Infrared-guided Anti-Tank Missiles, Laser-guided Anti-Tank Missiles, Radio-frequency-guided Anti-Tank Missiles), By End-User Industry (Defense & Military, Aerospace, Homeland Security, Law Enforcement), By Technology (Dual-mode Guidance Technology, Advanced Targeting & Locking Systems, Artificial Intelligence & Autonomous Systems, Electronic Countermeasure Systems); Global Insights & Forecast (2023 – 2030)

As per Intent Market Research, the Manned Anti-Tank Guided Missile Systems Market was valued at USD 1.6 Billion in 2024-e and will surpass USD 2.4 Billion by 2030; growing at a CAGR of 6.0% during 2025-2030.

The Manned Anti-Tank Guided Missile Systems market is experiencing growth due to increasing investments in advanced military technologies, rising demand for enhanced defense capabilities, and the ongoing modernization of armed forces across the world. These missile systems, which provide high precision in anti-tank warfare, are gaining attention for their effectiveness in both offensive and defensive operations. The market is evolving with a strong focus on developing advanced guidance technologies, missile types, and integration into various platforms such as land, air, and sea-based systems. With growing security concerns globally and increasing defense budgets, manned anti-tank guided missile systems are expected to continue to evolve and expand.

Manned Land-Based Systems Segment is Largest Owing to Versatility and Cost-Effectiveness

The manned land-based anti-tank guided missile systems segment holds the largest share within the market. These systems are deployed on the ground and are capable of being used for a wide range of military applications, from anti-tank warfare to protection against other vehicle-based threats. The primary appeal of land-based systems is their flexibility and cost-effectiveness. They are deployed on a variety of military platforms, including armored vehicles and portable launch systems, making them versatile for different combat situations. These systems are widely used by ground forces in combat zones and are integral to many countries' defense strategies.

Land-based systems are increasingly favored for their reliability in field conditions, ease of deployment, and ability to be integrated into tactical operations. They are often equipped with advanced targeting systems and fire-and-forget missile technology, enabling troops to engage targets effectively at long ranges. This makes manned land-based anti-tank guided missile systems essential for ground forces looking to maintain tactical superiority in modern warfare, securing their position as the largest segment in the market.

Wire-Guided Anti-Tank Missiles Segment is Largest Owing to Proven Reliability

The wire-guided anti-tank missiles segment is the largest within the missile type category, primarily because of their proven reliability, ease of use, and high accuracy. These missiles are guided to their target using a wire that provides continuous communication between the launcher and the missile. This allows for precise control and targeting, which is essential in anti-tank warfare. Although wire-guided systems are older than some of the newer missile types, their simplicity and reliability make them a popular choice in many regions.

Wire-guided anti-tank missiles offer several advantages, such as high precision and the ability to adjust targeting in-flight. This makes them highly effective in hitting stationary or moving targets. Despite the advancements in missile technology, wire-guided missiles are still widely used due to their cost-effectiveness, high accuracy, and ease of operation. Consequently, the wire-guided anti-tank missiles segment remains the largest and most established category in the market.

Defense & Military Segment is Largest Owing to High Demand for Modernized Combat Capabilities

The defense and military end-user industry is the largest segment within the market, driven by the growing demand for modernized combat systems and advanced anti-tank capabilities. As global security concerns increase, nations are investing heavily in military technologies, particularly those that can provide a strategic advantage in ground warfare. The need for more effective anti-tank weapons has driven demand for manned anti-tank guided missile systems, as they are crucial for neutralizing enemy tanks and armored vehicles on the battlefield.

The defense and military sector's significant share of the market is also influenced by the ongoing procurement and development programs in countries worldwide. This sector continues to prioritize advanced systems with cutting-edge missile guidance technologies and high durability to ensure success in combat operations. With large defense budgets allocated towards modernizing armed forces, the defense and military sector is expected to remain the largest consumer of manned anti-tank guided missile systems, fueling market growth.

Dual-Mode Guidance Technology is Fastest Growing Owing to Increased Precision and Versatility

The dual-mode guidance technology segment is the fastest growing within the technology category. This technology combines two distinct guidance methods, such as infrared and laser guidance, into one missile system, offering enhanced precision and versatility. Dual-mode guidance provides advantages such as greater range, better target acquisition, and the ability to engage both stationary and moving targets with greater accuracy. As military forces aim for enhanced operational effectiveness, dual-mode guidance technology is rapidly gaining traction due to its ability to adapt to a variety of combat scenarios.

The integration of dual-mode guidance systems also allows for the flexibility of operating in different environmental conditions, making these systems valuable for a wide range of missions. As nations prioritize more sophisticated and adaptable missile systems, the adoption of dual-mode guidance technology is expected to grow at a significant rate, making it the fastest-growing segment in the market. This technology represents a significant leap forward in missile system capabilities, ensuring that the defense sector remains at the forefront of innovation.

North America is Largest Region Owing to High Defense Spending

North America is the largest region for the manned anti-tank guided missile systems market, driven by high defense spending, advanced military infrastructure, and technological innovation. The United States, in particular, is one of the leading global investors in defense and military technologies, with significant investments in missile systems and anti-tank warfare capabilities. The region is home to some of the largest defense contractors, such as Lockheed Martin and Raytheon Technologies, which are continually advancing missile system technologies to meet the evolving demands of modern warfare.

North America's strong defense budgets and military modernization programs ensure that the region remains the largest market for manned anti-tank guided missile systems. The demand for advanced missile systems in military operations, combined with a focus on defense innovation, further strengthens North America's position as the dominant player in the market. With a significant presence of key defense contractors, North America is expected to maintain its leadership throughout the forecast period.

Competitive Landscape and Leading Companies

The manned anti-tank guided missile systems market is highly competitive, with several major companies playing a leading role in shaping the development of missile technologies. Lockheed Martin, Raytheon Technologies, Rafael Advanced Defense Systems, and MBDA are some of the key players in this market. These companies focus on delivering advanced missile systems with enhanced precision, range, and adaptability to meet the growing demands of modern warfare. With military forces around the world seeking cutting-edge solutions for anti-tank defense, these companies continue to innovate in missile technology, offering products that integrate advanced guidance systems, targeting solutions, and improved durability.

The competitive landscape also includes a number of regional players, especially in countries like Israel, Russia, and China, who are developing their own missile systems to meet national defense needs. The industry is characterized by a combination of established global players and emerging local competitors, with ongoing advancements in missile guidance technologies and strategic partnerships further intensifying competition. As nations continue to invest in defense, the market for manned anti-tank guided missile systems is expected to experience continued growth, driven by technological innovation and geopolitical dynamics.

Recent Developments:

• Lockheed Martin secured a contract with the U.S. Department of Defense to supply advanced manned anti-tank guided missile systems as part of a defense modernization initiative.
• Rafael Advanced Defense Systems announced the launch of a new generation of manned anti-tank guided missile systems, incorporating AI-driven targeting capabilities.
• MBDA successfully tested its next-generation manned vehicle-mounted anti-tank guided missile system, promising extended range and increased accuracy.
• Raytheon Technologies expanded its missile defense portfolio with the introduction of an advanced manned anti-tank missile system equipped with enhanced electronic countermeasures.
• Thales Group signed a strategic partnership agreement with a Middle Eastern country to provide manned anti-tank guided missile systems for their armed forces.

List of Leading Companies:

• Lockheed Martin Corporation
• Rafael Advanced Defense Systems Ltd.
• Raytheon Technologies Corporation
• BAE Systems PLC
• MBDA
• Northrop Grumman Corporation
• General Dynamics Corporation
• Kongsberg Gruppen ASA
• Thales Group
• L3 Technologies
• SAAB AB
• Elbit Systems Ltd.
• Denel SOC Ltd.
• Hyundai Heavy Industries Co., Ltd.
• Israel Aerospace Industries

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