Please Wait.....
Report
Multiple Launch Rocket Systems (MLRS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 140 Pages I IMARC Group
The 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.
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 level from 2023-2028. 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 2022?
2. What is the expected growth rate of the global multiple launch rocket systems (MLRS) market during 2023-2028?
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?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Multiple Launch Rocket Systems (MLRS) Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Launch Vehicle
6.1Tracked
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Wheeled
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Caliber Type
7.170-180 mm
7.1.1 Market Trends
7.1.2 Market Forecast
7.2180-300 mm
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Range
8.110-100 km
8.1.1 Market Trends
8.1.2 Market Forecast
8.2100-300 km
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Pod Capacity
9.1Upto 16
9.1.1 Market Trends
9.1.2 Market Forecast
9.2More than 16
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1North 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
10.2Asia 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
10.3Europe
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
10.4Latin 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
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1Avibras Industria Aeroespacial
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2BAE 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
15.3.3Denel Land Systems (Denel SOC Ltd.)
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4Diehl Defence GmbH & Co. KG (Diehl Stiftung & Co. KG)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5Hanwha Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6IMI Systems Ltd. (Elbit Systems Ltd.)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7Larsen & 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
15.3.8Lockheed 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
15.3.9Roketsan Roket Sanayii ve Ticaret A.S.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10Tata Advanced Systems Limited (Tata Sons Private Limited)
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
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$), 2017-2022
Figure 3: Global: Multiple Launch Rocket Systems Market: Breakup by Launch Vehicle (in %), 2022
Figure 4: Global: Multiple Launch Rocket Systems Market: Breakup by Caliber Type (in %), 2022
Figure 5: Global: Multiple Launch Rocket Systems Market: Breakup by Range (in %), 2022
Figure 6: Global: Multiple Launch Rocket Systems Market: Breakup by Pod Capacity (in %), 2022
Figure 7: Global: Multiple Launch Rocket Systems Market: Breakup by Region (in %), 2022
Figure 8: Global: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Multiple Launch Rocket Systems (Tracked) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Multiple Launch Rocket Systems (Tracked) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Multiple Launch Rocket Systems (Wheeled) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Multiple Launch Rocket Systems (Wheeled) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Multiple Launch Rocket Systems (70-180 mm) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Multiple Launch Rocket Systems (70-180 mm) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Multiple Launch Rocket Systems (180-300 mm) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Multiple Launch Rocket Systems (180-300 mm) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Multiple Launch Rocket Systems (10-100 km) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Multiple Launch Rocket Systems (10-100 km) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Multiple Launch Rocket Systems (100-300 km) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Multiple Launch Rocket Systems (100-300 km) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Multiple Launch Rocket Systems (Upto 16) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Multiple Launch Rocket Systems (Upto 16) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Multiple Launch Rocket Systems (More than 16) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Multiple Launch Rocket Systems (More than 16) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: North America: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: North America: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: United States: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: United States: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Canada: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Canada: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Asia Pacific: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Asia Pacific: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: China: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: China: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Japan: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Japan: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: India: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: India: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: South Korea: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: South Korea: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Australia: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Australia: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Indonesia: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Indonesia: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Others: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Others: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Europe: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Europe: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Germany: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Germany: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: France: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: France: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: United Kingdom: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: United Kingdom: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Italy: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Italy: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Spain: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Spain: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Russia: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Russia: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Others: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Others: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Latin America: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Latin America: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Brazil: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Brazil: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Mexico: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Mexico: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Middle East and Africa: Multiple Launch Rocket Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Middle East and Africa: Multiple Launch Rocket Systems Market Forecast: Sales Value (in Million US$), 2023-2028
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
Table 1: Global: Multiple Launch Rocket Systems Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Launch Vehicle (in Million US$), 2023-2028
Table 3: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Caliber Type (in Million US$), 2023-2028
Table 4: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Range (in Million US$), 2023-2028
Table 5: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Pod Capacity (in Million US$), 2023-2028
Table 6: Global: Multiple Launch Rocket Systems Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Multiple Launch Rocket Systems Market: Competitive Structure
Table 8: Global: Multiple Launch Rocket Systems Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security