
Global Manned Anti-Tank Guided Missile System Market Insights, Size, and Forecast By Warhead Type (High-Explosive Anti-Tank, Fragmentation, Tandem), By Guidance System (Laser Guidance, Electro-Optical Guidance, Inertial Navigation), By Launch Mode (Vehicle Mounted, Shoulder Fired, Remote Controlled), By Application (Military Operations, Defense Training, Research and Development), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035
Key Market Insights
Global Manned Anti-Tank Guided Missile System Market is projected to grow from USD 7.8 Billion in 2025 to USD 12.5 Billion by 2035, reflecting a compound annual growth rate of 6.4% from 2026 through 2035. The manned anti-tank guided missile (ATGM) system market encompasses advanced weapon platforms designed to neutralize armored threats, operated directly by military personnel. These systems range from man-portable launchers to vehicle-mounted turrets, employing various guidance mechanisms and warhead types. A primary market driver is the ongoing modernization of military forces globally, driven by evolving geopolitical tensions and the need to counter advanced armored vehicles. The increasing proliferation of main battle tanks and armored personnel carriers necessitates sophisticated defensive and offensive capabilities. Furthermore, technological advancements in ATGM systems, such as enhanced precision, extended range, and multi-platform compatibility, are fueling market expansion. However, significant restraints include the high research and development costs associated with these advanced weapon systems, coupled with stringent regulatory frameworks and export controls that can limit market access and sales. The long procurement cycles inherent in defense contracting also pose a challenge, affecting the pace of market growth.
Global Manned Anti-Tank Guided Missile System Market Value (USD Billion) Analysis, 2025-2035

2025 - 2035
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An important trend shaping the market is the development of multi-mission capabilities, allowing ATGMs to engage not only armored targets but also fortifications, low-flying aircraft, and even unmanned aerial vehicles. The integration of artificial intelligence and machine learning for improved target recognition, tracking, and engagement decision-making is another notable trend. Miniaturization of components, leading to lighter and more portable systems, is also gaining traction, enhancing troop mobility and flexibility. Furthermore, a shift towards networked warfare concepts is driving the demand for ATGMs that can seamlessly integrate with broader command and control systems for real-time intelligence sharing and coordinated attacks. Opportunities within this market lie in the development of counter-UAV ATGM variants, given the rising threat of drone warfare, and in providing upgrade and maintenance services for existing ATGM fleets. The growing demand for systems with enhanced resistance to electronic countermeasures also presents a significant opportunity for innovation and market differentiation.
North America continues to be the dominant region in the manned ATGM system market. This dominance is attributable to the substantial defense budgets of countries like the United States, robust domestic defense industries, and a consistent focus on modernizing military capabilities with cutting-edge technology. The presence of major defense contractors and extensive research and development facilities further solidifies the region's leading position. Asia Pacific is identified as the fastest growing region, driven by increasing defense spending by emerging economies, growing geopolitical rivalries, and a push for military self-reliance and technological independence. Countries in this region are actively acquiring and developing advanced ATGM systems to enhance their defensive and offensive capabilities. Military Operations remain the leading segment by application, underlining the primary purpose of these systems in conventional and asymmetric warfare scenarios. Key players such as Leonardo, Hensoldt, BAE Systems, Rheinmetall, MBDA, Northrop Grumman, Kongsberg Gruppen, General Dynamics, Hanwha Defense, and Thales are focusing on strategies like strategic partnerships, mergers and acquisitions, and continuous investment in research and development to introduce next-generation ATGM systems with enhanced capabilities and maintain their competitive edge.
Quick Stats
Market Size (2025):
USD 7.8 BillionProjected Market Size (2035):
USD 12.5 BillionLeading Segment:
Military Operations (88.5% Share)Dominant Region (2025):
North America (38.2% Share)CAGR (2026-2035):
6.4%
What is Manned Anti-Tank Guided Missile System?
A Manned Anti Tank Guided Missile System is a weapon platform operated directly by a human to accurately engage and destroy armored vehicles. The "manned" aspect signifies a soldier's active role in targeting, launching, and often guiding the missile, providing real-time adjustments for accuracy. These systems typically consist of a launcher, a guidance unit, and the missile itself. Their significance lies in providing infantry and ground forces with a potent, precise capability to neutralize tanks and other heavily protected targets from a distance. Applications range from dismounted infantry operations to vehicle mounted variants, offering crucial anti armor support in various combat scenarios.
What are the Trends in Global Manned Anti-Tank Guided Missile System Market
AI Enhanced Guidance Systems
Swarm Attack Capabilities
Extended Range Precision Munitions
Counter UGV Integration
AI Enhanced Guidance Systems
AI enhanced guidance systems integrate advanced algorithms and machine learning into ATGM platforms. This trend enables superior target acquisition, classification, and tracking, even against moving or camouflaged threats. It optimizes flight trajectories for increased accuracy and probability of hit. Furthermore, these systems provide enhanced navigation and situational awareness, assisting operators in complex battlefield environments. This innovation reduces human workload and improves overall system performance and lethality in modern warfare.
Swarm Attack Capabilities
Swarm attack capabilities are a growing trend. Multiple interconnected drones, each potentially carrying an anti-tank missile, can overwhelm defenses more effectively than single missiles. This distributed approach enhances survivability for the attackers and creates complex targeting challenges for adversaries, ultimately increasing the lethality and tactical advantage of anti-tank missile systems.
Extended Range Precision Munitions
Extended Range Precision Munitions signifies a move towards anti-tank missiles with significantly greater reach and improved accuracy. This trend allows manned platforms to engage targets from safer distances, reducing exposure to enemy fire. Enhanced guidance systems and propulsion technologies enable these munitions to maintain destructive power over longer trajectories, increasing first hit probability against armored threats across diverse battlefields. This reduces the number of missiles needed per engagement.
Counter UGV Integration
Manned anti tank guided missile systems are increasingly integrating counter unmanned ground vehicle capabilities. This trend addresses the growing threat posed by enemy UGVs, which can identify targets or deliver their own munitions. Integrating specific sensors and effectors allows missile systems to detect, track, and neutralize these robotic threats, enhancing survivability and effectiveness on the modern battlefield against both traditional and asymmetric threats.
What are the Key Drivers Shaping the Global Manned Anti-Tank Guided Missile System Market
Escalating Geopolitical Tensions and Regional Conflicts
Advancements in Missile Technology and Countermeasure Systems
Increased Defense Spending and Modernization Programs
Emergence of New Threats and Asymmetric Warfare Tactics
Escalating Geopolitical Tensions and Regional Conflicts
Rising global instability and heightened regional disputes are driving increased defense spending. Nations facing threats from neighboring states or internal conflicts are prioritizing robust anti-tank capabilities. This fuels demand for advanced ATGMs to deter aggression and enhance battlefield effectiveness, as countries seek to bolster their defensive and offensive capabilities in volatile security environments.
Advancements in Missile Technology and Countermeasure Systems
Sophisticated missile advancements necessitating enhanced anti tank guided missile systems drive demand. Nations seek improved lethality, precision, and range for their missiles. Simultaneously, the rise of advanced active protection and countermeasure systems on armored vehicles compels manufacturers to develop more robust and elusive anti tank missiles, pushing innovation and adoption within the global market.
Increased Defense Spending and Modernization Programs
Nations are elevating defense budgets to counter evolving threats. This surge funds procurement of advanced anti tank guided missile systems and modernizing existing arsenals. Governments prioritize these sophisticated weapons to enhance battlefield effectiveness protect ground forces and maintain military superiority driving significant market expansion for manufacturers.
Emergence of New Threats and Asymmetric Warfare Tactics
The rise of non-state actors and unconventional warfare demands anti-tank systems capable of countering diverse, adaptable threats. This includes advanced protection against improvised explosive devices and other asymmetric tactics, pushing for more versatile and survivable missile solutions. Modern threats necessitate agile, multi-role anti-tank capabilities.
Global Manned Anti-Tank Guided Missile System Market Restraints
Stringent Export Control Regulations and Geopolitical Tensions
Stringent export control regulations and escalating geopolitical tensions significantly restrain the global manned anti tank guided missile system market. Nations impose strict rules on selling these sensitive defense technologies, fearing misuse or proliferation to hostile entities. This creates complex licensing requirements, delays, and outright denials for manufacturers. Furthermore, political rivalries and trade disputes hinder cross border transactions, limiting market access and collaboration between countries. This environment fosters uncertainty, making long term planning and market expansion challenging for industry players.
High Development Costs and Limited Interoperability Standards
Developing advanced anti-tank guided missile systems demands substantial upfront investment due to complex R&D, specialized materials, and rigorous testing. This financial burden restricts new entrants and limits manufacturers' ability to innovate rapidly. Furthermore, a lack of universal interoperability standards among different national systems creates integration challenges for allied forces and hinders market expansion. This forces nations to invest in costly, custom solutions, further increasing overall program expenses and slowing adoption.
Global Manned Anti-Tank Guided Missile System Market Opportunities
Elevated Threat Landscape: Driving Demand for Enhanced Manned ATGM Penetration & Survivability
A worsening global security environment, marked by sophisticated armored threats and evolving battlefields, drives significant demand within the manned anti-tank guided missile system market. This elevated threat landscape creates an urgent need for ATGM solutions offering superior penetration capabilities against modern tank armor. Simultaneously, there is a strong imperative for enhanced survivability features, ensuring manned firing platforms and their crews withstand counterattacks and operate resiliently in high-intensity conflicts. This dual focus on lethality and operational endurance defines a key growth opportunity for manufacturers.
Global Geopolitical Instability: Fueling Increased Procurement & Modernization of Manned ATGM Fleets
Global geopolitical instability intensifies military readiness demands worldwide. Nations facing escalating conflicts and security threats are prioritizing robust defense capabilities. This environment directly drives increased procurement of new manned anti tank guided missile systems. Existing ATGM fleets are also undergoing significant modernization efforts to counter advanced armored threats. The pressing need for superior anti armor capabilities amid heightened regional tensions and evolving battlefields creates a substantial market opportunity for manufacturers and suppliers of manned ATGM technology. This trend underscores a critical demand shift.
Global Manned Anti-Tank Guided Missile System Market Segmentation Analysis
Key Market Segments
By Application
- •Military Operations
- •Defense Training
- •Research and Development
By Launch Mode
- •Vehicle Mounted
- •Shoulder Fired
- •Remote Controlled
By Warhead Type
- •High-Explosive Anti-Tank
- •Fragmentation
- •Tandem
By Guidance System
- •Laser Guidance
- •Electro-Optical Guidance
- •Inertial Navigation
Segment Share By Application
Share, By Application, 2025 (%)
- Military Operations
- Defense Training
- Research and Development

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Why is Military Operations dominating the Global Manned Anti-Tank Guided Missile System Market?
Military Operations holds an overwhelming share due to the fundamental purpose of these systems. Their primary design and deployment are for direct combat scenarios, ensuring antitank capabilities for ground forces. Sustained global defense spending, ongoing geopolitical tensions, and the continuous modernization of armored vehicles by potential adversaries necessitate robust and readily deployable antitank solutions for national security, driving this segment's substantial lead over other applications.
What factors influence the diversity in Launch Modes within the Global Manned Anti-Tank Guided Missile System Market?
The varied operational environments dictate the need for different launch modes. Vehicle Mounted systems offer enhanced mobility, protection, and ammunition capacity for mechanized units, crucial for rapid deployment and sustained engagements. Shoulder Fired systems provide infantry units with portable, agile antitank capabilities for dismounted operations. Remote Controlled platforms emerge for safer, unmanned target engagement, particularly in high-risk zones or urban warfare, broadening tactical flexibility for armed forces.
How do innovations in Guidance Systems shape the strategic value of Manned Anti-Tank Guided Missile Systems?
Guidance system advancements are pivotal for enhancing accuracy and survivability. Laser Guidance provides precision targeting, vital for engaging moving targets and minimizing collateral damage. Electro Optical Guidance offers fire and forget capabilities, allowing operators to immediately seek cover after launch, significantly improving their safety. Inertial Navigation systems enhance missile trajectory and overcome environmental interferences, ensuring reliable performance across diverse battlefield conditions and contributing to mission success against increasingly sophisticated armored threats.
What Regulatory and Policy Factors Shape the Global Manned Anti-Tank Guided Missile System Market
Global manned ATGM markets face stringent national and international regulatory oversight. Export control regimes, notably the Wassenaar Arrangement and country specific licensing like ITAR, severely restrict cross border transfers, necessitating rigorous end user certifications. National defense policies and procurement laws dictate internal acquisition, often involving offset requirements, indigenous content mandates, and competitive tendering. Adherence to arms control treaties and international sanctions is critical for suppliers. Evolving geopolitical tensions and national security doctrines directly influence policy formulation and procurement priorities. While not directly market regulating, international humanitarian law and ethical considerations indirectly impact procurement decisions, shaping the political will behind system adoption and trade.
What New Technologies are Shaping Global Manned Anti-Tank Guided Missile System Market?
Manned ATGM systems are experiencing rapid innovation, focusing on enhanced precision, survivability, and battlefield integration. Emerging technologies include sophisticated multi spectral sensors for all weather capabilities and advanced AI machine learning algorithms for superior target recognition and autonomous guidance. Networked systems offer collaborative targeting and real time data sharing, significantly improving situational awareness. Developments in smart warheads provide programmable effects and improved penetration against advanced armor. Furthermore, active protection systems are being integrated to counter threats, while augmented reality and improved human machine interfaces enhance operator effectiveness and reduce cognitive load, ensuring these critical assets remain highly adaptable and lethal.
Global Manned Anti-Tank Guided Missile System Market Regional Analysis
Global Manned Anti-Tank Guided Missile System Market
Trends, by Region

North America Market
Revenue Share, 2025
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North America dominates the global manned anti-tank guided missile (ATGM) system market, holding a significant 38.2% share. This leadership is driven by substantial defense spending, continuous modernization efforts of the US and Canadian armed forces, and a robust domestic manufacturing base. The region benefits from advanced research and development capabilities, leading to the deployment of state-of-the-art ATGM systems with enhanced precision, range, and multi-platform compatibility. Ongoing geopolitical tensions and the strategic importance of anti-armor capabilities for conventional and asymmetric warfare further fuel demand and technological advancements within North America, solidifying its dominant position.
Western Europe leads the European ATGM market, driven by modernization programs in nations like France, Germany, and the UK. These countries prioritize domestic production and advanced fire-and-forget systems. Eastern Europe, influenced by geopolitical tensions, focuses on acquiring newer generation ATGMs, often from Western European or US suppliers, and upgrading legacy Soviet-era systems. The region's market is characterized by a mix of established suppliers and emerging domestic capabilities, with a growing emphasis on multi-platform integration and enhanced precision to counter evolving threats. Smaller nations often rely on foreign military sales for their ATGM requirements.
Asia Pacific dominates the manned anti-tank guided missile system market, projected to be the fastest-growing region with a robust 7.9% CAGR. Geopolitical tensions, border disputes, and the modernization of armed forces across countries like India, China, and South Korea are fueling this expansion. Nations in the region are heavily investing in advanced ATGM systems to bolster their defense capabilities, replacing older platforms with sophisticated, indigenous, and imported solutions. The increasing demand for precision-guided munitions and enhanced anti-armor capabilities further propels the market, making Asia Pacific a critical hub for technological advancements and market growth in this sector.
Latin America's ATGM market remains modest but is poised for growth due to evolving regional security landscapes and aging inventories. Venezuela, Brazil, and Chile are key players, driven by modernization programs and arms acquisitions from Russia and European suppliers. Colombia also seeks upgrades, especially given internal security challenges. The region prioritizes cost-effectiveness and dual-use capabilities. Indigenous production is limited, with most nations relying on imports. Future growth hinges on increasing defense budgets, replacing Cold War-era systems, and addressing cross-border threats and narco-trafficking, favoring man-portable, fire-and-forget systems.
The Middle East & Africa (MEA) region holds a significant share in the global manned ATGM system market, driven by persistent regional conflicts and ongoing military modernizations. Countries like Saudi Arabia, UAE, and Egypt are major procurers, seeking advanced systems to counter diverse threats. Localized production is also emerging, particularly in countries like Turkey, which focuses on both domestic needs and export potential. The demand is further fueled by counter-insurgency operations and the need for precision engagement capabilities against armored vehicles and fortifications. The market here is highly competitive, with both Western and Eastern manufacturers vying for market dominance.
Top Countries Overview
The United States dominates the global manned anti tank guided missile system market as a key producer and significant consumer. Its advanced systems are widely adopted by allies. Ongoing modernization and new technological developments sustain its market leadership and strong global presence.
China is a significant player in the global manned anti tank guided missile system market. Its domestically produced missiles like the HJ series offer competitive capabilities and attract international buyers. China leverages cost effectiveness and technology transfer to expand its market share and influence in this sector.
India seeks foreign ATGM systems to modernize its defense. Its large military and border disputes make it a significant buyer. Local production under Make in India is also a key strategy influencing market participation and technology transfer agreements with global manufacturers.
Impact of Geopolitical and Macroeconomic Factors
Geopolitical tensions, particularly involving Russia Ukraine and China Taiwan, drive anti tank missile demand as nations modernize their arsenals for ground warfare. Regional conflicts in the Middle East and Africa further fuel procurement, with nations prioritizing defensive capabilities against armored threats. The ongoing development of advanced tanks and armored vehicles necessitates more sophisticated anti tank guided missiles (ATGMs).
Macroeconomic factors influence defense budgets and procurement decisions. Economic growth allows for increased defense spending, accelerating ATGM acquisition. Conversely, economic downturns or recessions can lead to budget cuts, potentially delaying or reducing procurement. Inflation and supply chain disruptions affect production costs and delivery timelines for these complex weapon systems.
Recent Developments
- March 2025
MBDA announced a strategic initiative to develop a new generation of multi-platform ATGM systems, emphasizing modularity and AI-enhanced targeting capabilities. This initiative aims to provide a more versatile and adaptable solution for various combat scenarios, integrating seamlessly with ground vehicles, helicopters, and UAVs.
- January 2025
Leonardo unveiled its latest man-portable ATGM system, the 'Stryker-M', featuring an extended range and enhanced resistance to active protection systems. The Stryker-M incorporates advanced sensor fusion and data link capabilities, allowing for improved situational awareness and collaborative targeting.
- February 2025
A partnership was forged between Northrop Grumman and Hanwha Defense to co-develop advanced fire control systems for anti-tank guided missiles. This collaboration will focus on integrating artificial intelligence and machine learning algorithms to improve targeting accuracy and reduce operator workload.
- April 2025
Rheinmetall completed its acquisition of a specialized sensor technology company, enhancing its capabilities in thermal imaging and target recognition for ATGM platforms. This acquisition is expected to accelerate the development of next-generation ATGM seekers with superior all-weather performance.
- June 2025
Kongsberg Gruppen launched a new software upgrade for its existing ATGM systems, introducing advanced networking features for swarm targeting and integrated battlefield management. This upgrade allows for multiple launchers to coordinate attacks on a single target or distribute fire across multiple threats simultaneously.
Key Players Analysis
Key players like MBDA, Northrop Grumman, and Leonardo dominate the Global Manned Anti Tank Guided Missile System market, leveraging advanced seeker technologies, long range capabilities, and multiplatform integration. Companies such as Rheinmetall and BAE Systems focus on developing next generation man portable and vehicle mounted systems, emphasizing precision guidance and enhanced lethality. Strategic initiatives include partnerships for joint development, aiming to capture market share through superior accuracy and reduced collateral damage. The market is driven by geopolitical tensions, modernization programs, and the continuous need for effective anti armor solutions against evolving threats. Hanwha Defense and Thales contribute significantly with their specific regional expertise and technological advancements.
List of Key Companies:
- Leonardo
- Hensoldt
- BAE Systems
- Rheinmetall
- MBDA
- Northrop Grumman
- Kongsberg Gruppen
- General Dynamics
- Hanwha Defense
- Thales
- Saab
- Raytheon
- Rafael Advanced Defense Systems
- Elbit Systems
- Lockheed Martin
Report Scope and Segmentation
| Report Component | Description |
|---|---|
| Market Size (2025) | USD 7.8 Billion |
| Forecast Value (2035) | USD 12.5 Billion |
| CAGR (2026-2035) | 6.4% |
| Base Year | 2025 |
| Historical Period | 2020-2025 |
| Forecast Period | 2026-2035 |
| Segments Covered |
|
| Regional Analysis |
|
Table of Contents:
List of Figures
List of Tables
Table 1: Global Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 2: Global Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Launch Mode, 2020-2035
Table 3: Global Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Warhead Type, 2020-2035
Table 4: Global Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Guidance System, 2020-2035
Table 5: Global Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Region, 2020-2035
Table 6: North America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 7: North America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Launch Mode, 2020-2035
Table 8: North America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Warhead Type, 2020-2035
Table 9: North America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Guidance System, 2020-2035
Table 10: North America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Country, 2020-2035
Table 11: Europe Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 12: Europe Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Launch Mode, 2020-2035
Table 13: Europe Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Warhead Type, 2020-2035
Table 14: Europe Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Guidance System, 2020-2035
Table 15: Europe Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 16: Asia Pacific Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 17: Asia Pacific Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Launch Mode, 2020-2035
Table 18: Asia Pacific Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Warhead Type, 2020-2035
Table 19: Asia Pacific Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Guidance System, 2020-2035
Table 20: Asia Pacific Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 21: Latin America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 22: Latin America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Launch Mode, 2020-2035
Table 23: Latin America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Warhead Type, 2020-2035
Table 24: Latin America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Guidance System, 2020-2035
Table 25: Latin America Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
Table 26: Middle East & Africa Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Application, 2020-2035
Table 27: Middle East & Africa Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Launch Mode, 2020-2035
Table 28: Middle East & Africa Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Warhead Type, 2020-2035
Table 29: Middle East & Africa Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Guidance System, 2020-2035
Table 30: Middle East & Africa Manned Anti-Tank Guided Missile System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035
