Multiple Launch Rocket Systems (MLRS) Market PPT 2023: Size, Growth, Demand and Forecast till 2028

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Global Multiple Launch Rocket Systems (MLRS)
Market Research and Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description and Highlights
Report Description
Global Multiple Launch Rocket Systems (MLRS)
Market Research Report The latest report by
IMARC, titled Multiple Launch Rocket Systems
(MLRS) Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2023-2028
the global multiple launch rocket systems (MLRS)
market size reached US 686 Million in 2022.
Multiple-launch rocket system (MLRS) refers to
a type of artillery weapon designed for
delivering large quantities of indirect fire
quickly and accurately. It enables
surface-to-surface guided rockets and missiles to
be fired from launcher platforms belonging to the
M270 family. This launcher is mounted on a
stretched chassis and is equipped with a fire
control computer, and a vehicle control and
rocket launching system are integrated into the
computer. As a result of their ability to provide
large amounts of fire over a very short period of
time, MLRS systems are essential for saturating
an area with firepower in a timely manner and
overwhelming enemy defenses. The MLRS launcher is
highly automated and self-aimed that supports and
delivers basic and extended-range rockets
(ER-MLRS) as well as Block I missiles from the
Army Tactical Missile System (ATACMS). Request
Free Sample Report https//www.imarcgroup.com/mul
tiple-launch-rocket-systems-market/requestsample
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Report Description and Highlights
Report Description

Global Multiple Launch Rocket Systems (MLRS)
Market Trends The global market is majorly
driven by considerable growth in the aerospace
and defense industry. This can be attributed to
the growing incidences of cross-border conflicts
and geopolitical tensions across the globe. In
line with this, the rising investments by
government bodies of several countries in
cutting-edge weaponry, artillery modernization
programs, and the acquisition of new systems to
enhance their military strength are resulting in
a higher product uptake. Moreover, the advent of
guided MLRS using global positioning system (GPS)
and inertial guidance package to enhance
long-range positioning accuracy is also impacting
the market positively. Besides this, the shifting
preference toward guided munitions over unguided
rocket artillery is providing a boost to the MLRS
sales on the global level. The market is
further propelled by continual technological
advancements, such as the adoption of
sophisticated MLRS utilizing radar data and
one-way radio datalink for initiating a
two-dimensional correction of the rocket flight
path. Some of the other factors contributing to
the market include rapid industrialization,
growing investments for improvements in military
infrastructure, innovations in the manufacturing
processes and extensive research and development
(RD) activities. On account of the
aforementioned factors, the market is anticipated
to reach a value of US 1,013 Million by 2028,
exhibiting a CAGR of 6.8 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Launch Vehicle
Tracked Wheeled Breakup by Caliber
Type 70-180 mm 180-300 mm B
reakup by Range 10-100 km 100
-300 km Breakup by Pod Capacity Upto 1
6 More than 16 Breakup by Region

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Report Description and Highlights
Report Description
North America United S
tates Canada Asia Paci
fic China Japa
n India South
Korea Australia
Indonesia Others Eur
ope Germany Fr
ance United Kingdom
Italy Spain
Russia Others Lati
n America

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Report Description and Highlights
Report Description
Brazil Mexico
Others Middle East and
Africa


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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Avibrás Indústria Aeroespacial
• BAE Systems Plc Denel Land Systems (Denel SOC Ltd
  .) Diehl Defence GmbH Co. KG (Diehl Stiftung C
  o. KG) Hanwha Corporation IMI Systems Ltd. (Elbit
  Systems Ltd.) Larsen Toubro Limited Lockheed Mar
  tin Corporation Roketsan Roket Sanayii ve Ticaret
  A.S. Tata Advanced Systems Limited (Tata Sons Priv
  ate Limited)
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/multiple-launch-rocket-
  systems-market

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Partial List of Clients
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world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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