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PUBLISHER: IMARC | PRODUCT CODE: 1541654
PUBLISHER: IMARC | PRODUCT CODE: 1541654
Multiple Launch Rocket Systems (MLRS) Market Report by Launch Vehicle (Tracked, Wheeled), Caliber Type (70-180 mm, 180-300 mm), Range (10-100 km, 100-300 km), Pod Capacity (Upto 16, More Than 16), and Region 2024-2032
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PAGES: 143 Pages
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The global multiple launch rocket systems (MLRS) market size reached US$ 732.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,240.4 Million by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.
A multiple launch rocket system (MLRS) is a versatile automatic weapon used to fire guided rockets and missiles. The launcher is mounted on stretched chassis and comprises a fire control computer. MLRS delivers a large firepower volume to strike long-range and high payloads at all depths of the tactical battlefield. At present, modern wheeled systems, which are lightweight and have high mobility and speed compared to tracked systems, are gaining traction in the defense and military sector worldwide.
The rising cross-border tensions between various countries, in confluence with the increasing funding for advanced weapons by several governing agencies, represents one of the key factors bolstering the market growth. These agencies are also spending on artillery modernization programs and the acquisition of new systems. Apart from this, the growing popularity of guided ammunition over unguided rocket artillery is positively influencing the sales of MLRS. Furthermore, the introduction of guided MLRS that relies on the global positioning system (GPS) and inertial guidance package to enhance positioning accuracy and fire from dispersed positions at a single target is strengthening the market growth. It also helps in reducing logistics load, chances of collateral damage and fratricide, while increasing the effective range of the MLRS rocket. Moreover, the development of a more sophisticated MLRS that uses radar data and one-way radio datalink to initiate a two-dimensional correction of the rocket flight path is anticipated to drive the market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global multiple launch rocket systems (MLRS) market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on launch vehicle, caliber type, range and pod capacity.
Breakup by Launch Vehicle:
Tracked
Wheeled
Breakup by Caliber Type:
70-180 mm
180-300 mm
Breakup by Range:
10-100 km
100-300 km
Breakup by Pod Capacity:
Upto 16
More Than 16
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Avibras Industria Aeroespacial, BAE Systems Plc, Denel Land Systems (Denel SOC Ltd.), Diehl Defence GmbH & Co. KG (Diehl Stiftung & Co. KG), Hanwha Corporation, IMI Systems Ltd. (Elbit Systems Ltd.), Larsen & Toubro Limited, Lockheed Martin Corporation, Roketsan Roket Sanayii ve Ticaret A.S. and Tata Advanced Systems Limited (Tata Sons Private Limited).
Key Questions Answered in This Report
- 1. What was the size of the global multiple launch rocket systems (MLRS) market in 2023?
- 2. What is the expected growth rate of the global multiple launch rocket systems (MLRS) market during 2024-2032?
- 3. What has been the impact of COVID-19 on the global multiple launch rocket systems (MLRS) market?
- 4. What are the key factors driving the global multiple launch rocket systems (MLRS) market?
- 5. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the launch vehicle?
- 6. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the caliber type?
- 7. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the range?
- 8. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the pod capacity?
- 9. What are the key regions in the global multiple launch rocket systems (MLRS) market?
- 10. Who are the key players/companies in the global multiple launch rocket systems (MLRS) market?
Product Code: SR112024A2807
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Multiple Launch Rocket Systems (MLRS) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Launch Vehicle
- 6.1 Tracked
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Wheeled
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Caliber Type
- 7.1 70-180 mm
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 180-300 mm
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Range
- 8.1 10-100 km
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 100-300 km
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Pod Capacity
- 9.1 Upto 16
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 More Than 16
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Avibras Industria Aeroespacial
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.2 BAE Systems Plc
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Denel Land Systems (Denel SOC Ltd.)
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Diehl Defence GmbH & Co. KG (Diehl Stiftung & Co. KG)
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Hanwha Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.6 IMI Systems Ltd. (Elbit Systems Ltd.)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Larsen & Toubro Limited
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Lockheed Martin Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Roketsan Roket Sanayii ve Ticaret A.S.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Tata Advanced Systems Limited (Tata Sons Private Limited)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.1 Avibras Industria Aeroespacial
Product Code: SR112024A2807
List of Figures
- Figure 1: Global: Multiple Launch Rocket Systems Market: Major Drivers and Challenges
- Figure 2: Global: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Multiple Launch Rocket Systems Market: Breakup by Launch Vehicle (in %), 2023
- Figure 4: Global: Multiple Launch Rocket Systems Market: Breakup by Caliber Type (in %), 2023
- Figure 5: Global: Multiple Launch Rocket Systems Market: Breakup by Range (in %), 2023
- Figure 6: Global: Multiple Launch Rocket Systems Market: Breakup by Pod Capacity (in %), 2023
- Figure 7: Global: Multiple Launch Rocket Systems Market: Breakup by Region (in %), 2023
- Figure 8: Global: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Multiple Launch Rocket Systems (Tracked) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Multiple Launch Rocket Systems (Tracked) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Multiple Launch Rocket Systems (Wheeled) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Multiple Launch Rocket Systems (Wheeled) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Multiple Launch Rocket Systems (70-180 mm) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Multiple Launch Rocket Systems (70-180 mm) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Multiple Launch Rocket Systems (180-300 mm) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Multiple Launch Rocket Systems (180-300 mm) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Multiple Launch Rocket Systems (10-100 km) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Multiple Launch Rocket Systems (10-100 km) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Multiple Launch Rocket Systems (100-300 km) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Multiple Launch Rocket Systems (100-300 km) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Multiple Launch Rocket Systems (Upto 16) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Multiple Launch Rocket Systems (Upto 16) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Multiple Launch Rocket Systems (More than 16) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Multiple Launch Rocket Systems (More than 16) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: North America: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: North America: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: United States: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: United States: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Canada: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Canada: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Asia Pacific: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Asia Pacific: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: China: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: China: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Japan: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Japan: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: India: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: India: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: South Korea: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: South Korea: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Australia: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Australia: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Indonesia: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Indonesia: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Others: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Others: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Europe: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Europe: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Germany: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Germany: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: France: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: France: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: United Kingdom: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: United Kingdom: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Italy: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Italy: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Spain: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Spain: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Russia: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Russia: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Others: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Others: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Latin America: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Latin America: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Brazil: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Brazil: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Mexico: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Mexico: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Middle East and Africa: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Middle East and Africa: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Global: Multiple Launch Rocket Systems Industry: SWOT Analysis
- Figure 74: Global: Multiple Launch Rocket Systems Industry: Value Chain Analysis
- Figure 75: Global: Multiple Launch Rocket Systems Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Multiple Launch Rocket Systems Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Launch Vehicle (in Million US$), 2024-2032
- Table 3: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Caliber Type (in Million US$), 2024-2032
- Table 4: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Range (in Million US$), 2024-2032
- Table 5: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Pod Capacity (in Million US$), 2024-2032
- Table 6: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Multiple Launch Rocket Systems Market: Competitive Structure
- Table 8: Global: Multiple Launch Rocket Systems Market: Key Players
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