Multiple launch rocket systems are an armored, self-propelled type of rocket artillery. These rocket systems are capable to fire multiple rocket simultaneously and do extremely lethal damage when they hit with the target.
Multiple Launch Rocket Systems Market
Global Scenario Market Size, Outlook, Trend
and Forecast, 2016 – 2025
Multiple launch rocket systems are an armored, self-propelled type of rocket artillery. These rocket
systems are capable to fire multiple rocket simultaneously and do extremely lethal damage when they
hit with the target. They carry longer range, and considerably larger warheads than a normal sized
artillery platform. These modern weaponries normally use GPS or inertial guidance to combine the
advantages of rockets with high precision and accuracy.
Rising regional conflicts, increase in spending on artillery upgrade programs, and growing focus
towards the development of long-range MLRS are the key factors driving the growth of the global
multiple launch rocket systems market. However, inaccuracy of the system where the accuracy for
MLRS is improved by modern GPS/INS aided systems, but the desired precision is still not achievable
is the major hindrance for the market. Moreover, replacement of old systems, and improved electronics
in MLRS launchers are expected to generate numerous growth opportunities for the market in the
given forecast timeframe.
Launch vehicle, range, caliber, pod capacity, and geography are the major segments considered in
the global multiple launch rocket systems market. On the basis of launch vehicle, the segment includes
wheeled, and tracked. By range, the segment is bifurcated into 10 – 100 km, and 180 – 300 km. The
caliber segment is further sub-segmented into 70 – 180 mm, 180 – 300 mm. Further, the pod capacity
segment consists of up to 16, and 16 to 40.
Based on geography, the global MLRS market is segmented into North America, Europe, Asia-Pacific,
and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico
whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is
segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated
into South America, Middle East, and Africa.
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Prominent players operating in the global market include BAE Systems Plc, Larsen & Toubro, Avibras
Indstria Aeroespacial S.A., IMI Systems, Lockheed Martin Corporation, Norinco Group, Tata Power
Sed, NPO Splav, Roketsan, and Hanwha Corporation, among others.
The key takeaways from the report
The report will provide detailed analysis of the Global Multiple Launch Rocket Systems Market
with respect to major segments such as launch vehicle, range, caliber, pod capacity, and
The report will include the qualitative and quantitative analysis with market estimation over
2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be
provided in the report
An exhaustive regional analysis of the Global Multiple Launch Rocket Systems Market has
been included in the report
Profile of the key players in the Global Multiple Launch Rocket Systems Market will be
provided, which include key financials, product & services, new developments and business
Scope of the Global Multiple Launch Rocket Systems Market
Launch Vehicle Segments
10 – 100 Km
180 – 300 Km
70 – 180 mm
180 – 300 mm
Pod Capacity Segments
Up to 16
16 to 40
oRest of Europe
oRest of Asia-Pacific
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