{"product_id":"multiple-launch-rocket-systems-mlrs-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Multiple Launch Rocket Systems (MLRS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eMultiple Launch Rocket Systems (MLRS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nThe global multiple launch rocket systems (MLRS) market size reached US$ 686 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,013 Million by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2022-2028.\u003c\/p\u003e\n\n\u003cp\u003eA 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.\u003c\/p\u003e\n\n\u003cp\u003eThe 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.\u003c\/p\u003e \n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC 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 level from 2023-2028. Our report has categorized the market based on launch vehicle, caliber type, range and pod capacity.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Launch Vehicle:\u003c\/p\u003e\n\n\u003cp\u003eTracked\u003c\/p\u003e\n\n\u003cp\u003eWheeled\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by Caliber Type:\u003c\/p\u003e\n\n\u003cp\u003e70-180 mm\u003c\/p\u003e\n\n\u003cp\u003e180-300 mm\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by Range:\u003c\/p\u003e\n\n\u003cp\u003e10-100 km\u003c\/p\u003e\n\n\u003cp\u003e100-300 km\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by Pod Capacity:\u003c\/p\u003e\n\n\u003cp\u003eUpto 16\u003c\/p\u003e\n\n\u003cp\u003eMore than 16\u003c\/p\u003e\n\n \n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003c\/p\u003e\n\n\u003cp\u003eUnited States\u003c\/p\u003e\n\n\u003cp\u003eCanada\u003c\/p\u003e\n\n\u003cp\u003eAsia Pacific\u003c\/p\u003e\n\n\u003cp\u003eChina\u003c\/p\u003e\n\n\u003cp\u003eJapan\u003c\/p\u003e\n\n\u003cp\u003eIndia\u003c\/p\u003e\n\n\u003cp\u003eSouth Korea\u003c\/p\u003e\n\n\u003cp\u003eAustralia\u003c\/p\u003e\n\n\u003cp\u003eIndonesia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eEurope\u003c\/p\u003e\n\n\u003cp\u003eGermany\u003c\/p\u003e\n\n\u003cp\u003eFrance\u003c\/p\u003e\n\n\u003cp\u003eUnited Kingdom\u003c\/p\u003e\n\n\u003cp\u003eItaly\u003c\/p\u003e\n\n\u003cp\u003eSpain\u003c\/p\u003e\n\n\u003cp\u003eRussia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eLatin America\u003c\/p\u003e\n\n\u003cp\u003eBrazil\u003c\/p\u003e\n\n\u003cp\u003eMexico\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eMiddle East and Africa\u003c\/p\u003e\n\n \n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe report has also analysed the competitive landscape of the market with some of the key players being Avibrás Indústria Aeroespacial, BAE Systems Plc, Denel Land Systems (Denel SOC Ltd.), Diehl Defence GmbH \u0026amp; Co. KG (Diehl Stiftung \u0026amp; Co. KG), Hanwha Corporation, IMI Systems Ltd. (Elbit Systems Ltd.), Larsen \u0026amp; Toubro Limited, Lockheed Martin Corporation, Roketsan Roket Sanayii ve Ticaret A.S. and Tata Advanced Systems Limited (Tata Sons Private Limited).\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report\u003c\/p\u003e\n\n\u003cp\u003e1. What was the size of the global multiple launch rocket systems (MLRS) market in 2022?\u003c\/p\u003e\n\n\u003cp\u003e2. What is the expected growth rate of the global multiple launch rocket systems (MLRS) market during 2023-2028?\u003c\/p\u003e\n\n\u003cp\u003e3. What has been the impact of COVID-19 on the global multiple launch rocket systems (MLRS) market?\u003c\/p\u003e\n\n\u003cp\u003e4. What are the key factors driving the global multiple launch rocket systems (MLRS) market?\u003c\/p\u003e\n\n\u003cp\u003e5. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the launch vehicle?\u003c\/p\u003e\n\n\u003cp\u003e6. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the caliber type?\u003c\/p\u003e\n\n\u003cp\u003e7. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the range?\u003c\/p\u003e\n\n\u003cp\u003e8. What is the breakup of the global multiple launch rocket systems (MLRS) market based on the pod capacity?\u003c\/p\u003e\n\n\u003cp\u003e9. What are the key regions in the global multiple launch rocket systems (MLRS) market?\u003c\/p\u003e\n\n\u003cp\u003e10. Who are the key players\/companies in the global multiple launch rocket systems (MLRS) market?\u003c\/p\u003e","brand":"Public Sector","offers":[{"title":"November, 2023 \/ 140 Pages \/ MCW16264764","offer_id":47698323013938,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/multiple-launch-rocket-systems-mlrs-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}