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Worldwide Multiple Launch Rocket Systems Industry To 2026 - Featuring BAE Systems, Hanwha And IMI Systems Among Others

DUBLIN, Oct. 20, 2021 /PRNewswire/ -- The "Multiple Launch Rocket Systems (MLRS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.

DUBLIN, Oct. 20, 2021 /PRNewswire/ -- The "Multiple Launch Rocket Systems (MLRS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global multiple launch rocket systems (MLRS) market is expected to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.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.

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

  • How has the global multiple launch rocket systems (MLRS) market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global multiple launch rocket systems (MLRS) market?
  • What are the key regional markets?
  • What is the breakup of the market based on the launch vehicle?
  • What is the breakup of the market based on the caliber type?
  • What is the breakup of the market based on the range?
  • What is the breakup of the market based on the pod capacity?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global multiple launch rocket systems (MLRS) market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction4.1 Overview4.2 Key Industry Trends 5 Global Multiple Launch Rocket Systems (MLRS) Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast 6 Market Breakup by Launch Vehicle6.1 Tracked6.1.1 Market Trends6.1.2 Market Forecast6.2 Wheeled6.2.1 Market Trends6.2.2 Market Forecast 7 Market Breakup by Caliber Type7.1 70-180 mm7.1.1 Market Trends7.1.2 Market Forecast7.2 180-300 mm7.2.1 Market Trends7.2.2 Market Forecast 8 Market Breakup by Range8.1 10-100 km8.1.1 Market Trends8.1.2 Market Forecast8.2 100-300 km8.2.1 Market Trends8.2.2 Market Forecast 9 Market Breakup by Pod Capacity9.1 Upto 169.1.1 Market Trends9.1.2 Market Forecast9.2 More than 169.2.1 Market Trends9.2.2 Market Forecast 10 Market Breakup by Region 11 SWOT Analysis11.1 Overview11.2 Strengths11.3 Weaknesses11.4 Opportunities11.5 Threats 12 Value Chain Analysis 13 Porters Five Forces Analysis13.1 Overview13.2 Bargaining Power of Buyers13.3 Bargaining Power of Suppliers13.4 Degree of Competition13.5 Threat of New Entrants13.6 Threat of Substitutes 14 Price Analysis 15 Competitive Landscape15.1 Market Structure15.2 Key Players15.3 Profiles of Key Players15.3.1 Avibras Industria Aeroespacial15.3.1.1 Company Overview15.3.1.2 Product Portfolio15.3.1.3 Financials15.3.2 BAE Systems PLC15.3.2.1 Company Overview15.3.2.2 Product Portfolio15.3.2.3 Financials15.3.2.4 SWOT Analysis15.3.3 Denel Land Systems (Denel SOC Ltd.)15.3.3.1 Company Overview15.3.3.2 Product Portfolio15.3.4 Diehl Defence GmbH & Co. KG (Diehl Stiftung & Co. KG)15.3.4.1 Company Overview15.3.4.2 Product Portfolio15.3.5 Hanwha Corporation15.3.5.1 Company Overview15.3.5.2 Product Portfolio15.3.5.3 Financials15.3.6 IMI Systems Ltd. (Elbit Systems Ltd.)15.3.6.1 Company Overview15.3.6.2 Product Portfolio15.3.7 Larsen & Toubro Limited15.3.7.1 Company Overview15.3.7.2 Product Portfolio15.3.7.3 Financials15.3.7.4 SWOT Analysis15.3.8 Lockheed Martin Corporation15.3.8.1 Company Overview15.3.8.2 Product Portfolio15.3.8.3 Financials15.3.8.4 SWOT Analysis15.3.9 Roketsan Roket Sanayii ve Ticaret A.S.15.3.9.1 Company Overview15.3.9.2 Product Portfolio 15.3.10 Tata Advanced Systems Limited (Tata Sons Private Limited)15.3.10.1 Company Overview15.3.10.2 Product PortfolioFor more information about this report visit https://www.researchandmarkets.com/r/mfi0fd

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