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Multiple Launch Rocket Systems (MLRS) Market, by Launch Vehicle (Tracked, Wheeled), Caliber (70-180mm, 180-300mm), Range (10-100km, 100-300km), Pod Capacity (Up to 16, 16 to 40) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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The Multiple Launch Rocket System (MLRS) could be a extremely mobile, automatic system that fires surface-to-surface rockets and missiles from the M270 platform. From within the cab, the crew of 3 will fan the flames of to twelve MLRS rockets or 2 Army military science Missile System (ATACMS). the expansion of the market will be attributed to numerous technological developments happening across the world, together with the event of the guided-multiple launch rocket systems by Lockheed Martin (US), among others. The multiple launch rocket systems market has been divided by launch vehicle, caliber, range, pod capability, and region. Among launch vehicle varieties, the half-tracked MLRS phase is projected to grow at the best CAGR throughout the forecast amount; the caliber phase is projected to steer the multiple launch rocket systems market throughout the forecast period. Factors like military artillery upgrade programs and new system acquisitions square measure expected to drive the market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the multiple launch rocket systems (MLRS) market. The scope of this report covers the multiple launch rocket systems (MLRS) market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • With the perpetually ever-changing warfare ways in addition to the rising security threats particularly at the borders, most of the countries across the world square measure extremely specializing in the procure of MLRS. MLRS isn't solely efficient compared with alternative artillery systems however conjointly have options like high preciseness and accuracy in putting targets, incurs low casualty in urban areas, and needs low maintenance.
  • MLRS has wide implementation by armies of the United States, the UK, Greece, Germany, Norway, Denmark, Kingdom of The Netherlands, France, Italy, and Turkey. These nations perpetually search for innovations and modifications by fixing their military science parameter like operational vary to enhance their defense and strike capabilities.
  • The growing have to be compelled to increase the most vary of fireside, accuracy, and firing range with numerous warheads is driving the demand for modernization within the MLRS market. Governments of nations across the planet have initiated many modernization programs to enhance these military science parameters, leading to positive growth of the market throughout the forecast amount.

Regionally, the global multiple launch rocket systems (MLRS) market is fragmented into Asia-Pacific, Latin America, Europe, North America, and Middle East & Africa. Among these, Middle East & Africa expected to register the best rate of growth throughout the forecast amount. The growing demand for MLRS by the center Japanese countries like Asian country, the UAE, Turkey, and Iran, alternative nations like Russia, Ukraine, Kazakhstan, and Yemen, and African countries to enhance the military capabilities is driving the expansion of the market. The surge in investments and exchange programs tiny economy countries like Croatia, Belarus, and Kazakhstan also will boost the expansion prospects for this market within the geographic region & Africa over consequent four years.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s multiple launch rocket systems (MLRS) market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the multiple launch rocket systems (MLRS) market by the following segments:

  • Multiple Launch Rocket Systems Market, by Launch Vehicle
    • Tracked
    • Wheeled
  • Multiple Launch Rocket Systems Market, by Caliber
    • 70-180 mm
    • 180-300 mm
  • Multiple Launch Rocket Systems Market, by Range
    • 10-100 km
    • 100-300 km
  • Multiple Launch Rocket Systems Market, by Pod Capacity
    • Up to 16
    • 16 to 40

KEY MARKET PLAYERS

Key players in the multiple launch rocket systems (MLRS) market include:

  • Lockheed Martin Corporation
  • Roketsan
  • IMI Systems
  • Avibras Indústria Aeroespacial S .A.
  • Norinco Group
  • NPO Splav
  • Hanwha Corporation
  • BAE Systems PLC
  • Tata Power Sed
  • Larsen & Toubro

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

TRENDING RELATED REPORT

Rocket and Missile Market, by Type (Missile, Rocket), Launch Mode (Surface-to-Surface (SSM), Surface-to-Air (SAM), Air-to-Surface (ASM), Air-to-Air (AAM), Subsea-to-Surface (SuSM), Propulsion (Solid Propulsion, Liquid Propulsion, Hybrid Propulsion, Ramjet, Turbojet, Scramjet) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022


  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. MULTIPLE LAUNCH ROCKET SYSTEMS MARKET, BY LAUNCH VEHICLE
    1. Segment Share
    2. By Launch Vehicle
      1. Tracked
      2. Wheeled
  6. MULTIPLE LAUNCH ROCKET SYSTEMS MARKET, BY CALIBER
    1. Segment Share
    2. By Caliber
      1. 70-180 mm
      2. 180-300 mm
  7. MULTIPLE LAUNCH ROCKET SYSTEMS MARKET, BY RANGE
    1. Segment Share
    2. By Range
      1. 10-100 km
      2. 100-300 km
  8. MULTIPLE LAUNCH ROCKET SYSTEMS MARKET, BY POD CAPACITY
    1. Segment Share
    2. By Pod Capacity
      1. Up to 16
      2. 16 to 40
  9. MULTIPLE LAUNCH ROCKET SYSTEMS MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Launch Vehicle
      3. By Caliber
      4. By Range
      5. By Pod Capacity
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Launch Vehicle
      3. By Caliber
      4. By Range
      5. By Pod Capacity
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Launch Vehicle
      3. By Caliber
      4. By Range
      5. By Pod Capacity
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Launch Vehicle
      3. By Caliber
      4. By Range
      5. By Pod Capacity
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Launch Vehicle
      3. By Caliber
      4. By Range
      5. By Pod Capacity
  10. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  11. KEY MARKET PLAYERS
    1. Lockheed Martin Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Roketsan
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. IMI Systems
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Avibras Indústria Aeroespacial S .A.
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Norinco Group
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. NPO Splav
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Hanwha Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. BAE Systems PLC.
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Tata Power Sed
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. Larsen & Toubro
      1. Overview
      2. Key Strategies
      3. Key Developments
  12. SCALAR 360 DEGREE MARKET PERSPECTIVE
  13. APPENDIX
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