The Future of Multiple Launch Rocket Systems (MLRS) Market in the forecast period (2020-2025) as predicted by Stratview Research
March 05, 2020
This report, from Stratview Research, studies the Multiple Launch Rocket Systems (MLRS) Market over the trend period from 2014 to 2019 and the forecast period from 2020 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Get a description of the report here: https://www.stratviewresearch.com/807/multiple-launch-rocket-systems-market.html
Market Share Analysis
Launch Vehicle Type Segment
The market is segmented as tracked and wheeled. The tracked segment is estimated to register a higher growth during the forecast period. Factors such as military artillery upgrade agenda and new system acquisitions are expected to boost the market.
Caliber Type Segment
The market is segmented as 70-180 mm and 180-300 mm. The 180-300 mm segment is projected to depict a higher growth during the forecast period. The growth of this segment is owing to an increase in the number of long-range multiple launch rocket systems globally and the replacement of traditional systems with MLRS systems with guided ammunition.
Range Type Segment
The market is segmented as 10-100 Km and 100-300 Km. The 100-300 km range segment is expected to lead the market during the forecast period, driven by the rise in procurement and indigenous development of long-range rocket launchers across the globe.
Region Wise Segment
North America, particularly the US, held the largest share of the multiple launch rocket systems market in 2018, followed by Europe and Asia-Pacific. The dominance of the US is predominantly owing to the mounting artillery modernization agendas and everchanging focus to high mobility, lightweight artillery systems. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Check the Table of Contents to browse through the report better: https://www.stratviewresearch.com/toc/807/multiple-launch-rocket-systems-market.html
Highlights of the Report:
Multiple Launch Rocket Systems (MLRS) Market is likely to witness an impressive CAGR of 8.2% during the forecast period. Factors such as rise in expenditure on artillery modernization agenda and acquisition of new MLRS systems are expected to drive the global MLRS market.
Some of the major players in the multiple launch rocket systems market are Avibras Indústria Aeroespacial S.A., BAE Systems PLC, Hanwha Corporation, IMI Systems, Lockheed Martin Corporation, Norinco Group, NPO Splav, Roketsan, and Tata Power SED.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Know more about us and our reports:
Stratview Research is known to offer its insightful reports and custom researches in some of important industry sectors such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Whether it is collection of data or analysis of the trends, the expert team makes sure to put in its best efforts to come up with the best results for the interested clients.
For enquiries, Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176