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Global Multiple Launch Rocket Systems (MLRS) Market to reach USD XX billion by 2028

Global Multiple Launch Rocket Systems (MLRS) Market Size study, by Caliber (70-180 mm, 180-300 mm), by Launch Vehicle (Tracked, Wheeled) and Regional Forecasts 2022-2028

Product Code: ALTAWT-25691230
Publish Date: 30-04-2022
Page: 200

Global Multiple Launch Rocket Systems (MLRS) Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Multiple Launch Rocket System (MLRS) is a highly mobile automatic system that fires surface-to-surface rockets from the M270 family of launcher weapons platforms. The MLRS Family of Munitions (MLRS MFOM) can be fired in less than one minute by the three-man crew, which was demonstrated very successfully in Operation Desert Storm. The growing territorial disputes and artillery modernization programs have led to the adoption of Multiple Launch Rocket Systems (MLRS) across the forecast period. For Instance: as per the United Nations, most countries on the globe are currently involved in territorial disputes such as India- Pakistan, North Sudan – South Sudan, Indo- China. Also, with the increasing replacement of old systems, the adoption & demand for Multiple Launch Rocket Systems (MLRS) is likely to increase the market growth during the forecast period. However, rocket inaccuracy impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Multiple Launch Rocket Systems (MLRS) Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing artillery modernization programs and shifting focus to high mobility, lightweight artillery systems. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising military budgets and growing disputes between the countries would create lucrative growth prospects for the Multiple Launch Rocket Systems (MLRS) Market across Asia-Pacific region.

Major market players included in this report are:
Larsen & Toubro
Lockheed Martin Corporation
Roketsan
IMI Systems
Avibras Indústria Aeroespacial S.A.
Norinco Group
NPO Splav
Hanwha Corporation
BAE Systems PLC
Tata Power SED

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Caliber:
70-180 mm
180-300 mm
By Launch Vehicle:
Tracked
Wheeled
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Multiple Launch Rocket Systems (MLRS) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Multiple Launch Rocket Systems (MLRS) Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Multiple Launch Rocket Systems (MLRS) Market, by Caliber, 2020-2028 (USD Billion)
1.2.3. Global Multiple Launch Rocket Systems (MLRS) Market, by Launch Vehicle, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Multiple Launch Rocket Systems (MLRS) Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Multiple Launch Rocket Systems (MLRS) Market Dynamics
3.1. Multiple Launch Rocket Systems (MLRS) Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing territorial disputes
3.1.1.2. Artillery modernization programs
3.1.2. Market Challenges
3.1.2.1. Rocket inaccuracy
3.1.3. Market Opportunities
3.1.3.1. Replacement of old systems
Chapter 4. Global Multiple Launch Rocket Systems (MLRS) Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Multiple Launch Rocket Systems (MLRS) Market, by Caliber
6.1. Market Snapshot
6.2. Global Multiple Launch Rocket Systems (MLRS) Market by Caliber, Performance – Potential Analysis
6.3. Global Multiple Launch Rocket Systems (MLRS) Market Estimates & Forecasts by Caliber, 2019-2028 (USD Billion)
6.4. Multiple Launch Rocket Systems (MLRS) Market, Sub Segment Analysis
6.4.1. 70-180 mm
6.4.2. 180-300 mm
Chapter 7. Global Multiple Launch Rocket Systems (MLRS) Market, by Launch Vehicle
7.1. Market Snapshot
7.2. Global Multiple Launch Rocket Systems (MLRS) Market by Launch Vehicle, Performance – Potential Analysis
7.3. Global Multiple Launch Rocket Systems (MLRS) Market Estimates & Forecasts by Launch Vehicle, 2019-2028 (USD Billion)
7.4. Multiple Launch Rocket Systems (MLRS) Market, Sub Segment Analysis
7.4.1. Tracked
7.4.2. Wheeled
Chapter 8. Global Multiple Launch Rocket Systems (MLRS) Market, Regional Analysis
8.1. Multiple Launch Rocket Systems (MLRS) Market, Regional Market Snapshot
8.2. North America Multiple Launch Rocket Systems (MLRS) Market
8.2.1. U.S. Multiple Launch Rocket Systems (MLRS) Market
8.2.1.1. Caliber breakdown estimates & forecasts, 2019-2028
8.2.1.2. Launch Vehicle breakdown estimates & forecasts, 2019-2028
8.2.2. Canada Multiple Launch Rocket Systems (MLRS) Market
8.3. Europe Multiple Launch Rocket Systems (MLRS) Market Snapshot
8.3.1. U.K. Multiple Launch Rocket Systems (MLRS) Market
8.3.2. Germany Multiple Launch Rocket Systems (MLRS) Market
8.3.3. France Multiple Launch Rocket Systems (MLRS) Market
8.3.4. Spain Multiple Launch Rocket Systems (MLRS) Market
8.3.5. Italy Multiple Launch Rocket Systems (MLRS) Market
8.3.6. Rest of Europe Multiple Launch Rocket Systems (MLRS) Market
8.4. Asia-Pacific Multiple Launch Rocket Systems (MLRS) Market Snapshot
8.4.1. China Multiple Launch Rocket Systems (MLRS) Market
8.4.2. India Multiple Launch Rocket Systems (MLRS) Market
8.4.3. Japan Multiple Launch Rocket Systems (MLRS) Market
8.4.4. Australia Multiple Launch Rocket Systems (MLRS) Market
8.4.5. South Korea Multiple Launch Rocket Systems (MLRS) Market
8.4.6. Rest of Asia Pacific Multiple Launch Rocket Systems (MLRS) Market
8.5. Latin America Multiple Launch Rocket Systems (MLRS) Market Snapshot
8.5.1. Brazil Multiple Launch Rocket Systems (MLRS) Market
8.5.2. Mexico Multiple Launch Rocket Systems (MLRS) Market
8.6. Rest of The World Multiple Launch Rocket Systems (MLRS) Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Larsen & Toubro
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Lockheed Martin Corporation
9.2.3. Roketsan
9.2.4. IMI Systems
9.2.5. Avibras Indústria Aeroespacial S.A.
9.2.6. Norinco Group
9.2.7. NPO Splav
9.2.8. Hanwha Corporation
9.2.9. BAE Systems PLC
9.2.10. Tata Power SED
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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