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A multiple rocket launcher (MRL) or multiple launch rocket system (MLRS) is a type of rocket artillery system. Rockets have different capabilities than artillery, like longer range, and different payloads, for example considerably larger warheads, or multiple warheads. Unguided rocket artillery is notoriously inaccurate and slow to reload, compared to artillery. To overcome this, rockets are combined in systems that can launch multiple rockets simultaneously. Modern rockets can use GPS or inertial guidance, to combine the advantages of rockets with high accuracy.
LPI (LP Information)' newest research report, the "Multiple Rocket Launchers Industry Forecast" looks at past sales and reviews total world Multiple Rocket Launchers sales in 2022, providing a comprehensive analysis by region and market sector of projected Multiple Rocket Launchers sales for 2023 through 2029. With Multiple Rocket Launchers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Multiple Rocket Launchers industry.
This Insight Report provides a comprehensive analysis of the global Multiple Rocket Launchers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Multiple Rocket Launchers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Multiple Rocket Launchers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Multiple Rocket Launchers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Multiple Rocket Launchers.
The global Multiple Rocket Launchers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Splav is the world leader with 40% market shares, Lockheed Martin is the leader in Unites States by 22% market shares, and NORINCO GROUP is the leader in China.
This report presents a comprehensive overview, market shares, and growth opportunities of Multiple Rocket Launchers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Tracked Rocket Launchers
- Wheeled Rocket Launchers
- Towed Rocket Launchers
Segmentation by application
- Political
- Commerical
The below companies that are profiled
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Lockheed Martin
- NORINCO GROUP
- Splav
- Roketsan
- Avibras
- IMI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Multiple Rocket Launchers market?
What factors are driving Multiple Rocket Launchers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Multiple Rocket Launchers market opportunities vary by end market size?
How does Multiple Rocket Launchers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?