Global Multiple Launch Rocket Systems Market 2016-2020

About MLRS

MLRS is an adaptable precision-approach weapon system that complements traditional cannon artillery fires. The system delivers a large volume of firepower along with shoot-and-scoot capability in a short duration against perilous, time-sensitive targets. These targets include mechanized units, air defense systems, enemy artillery, and personnel.

Technavio’s analysts forecast the global multiple launch rocket systems (MLRS) market to grow at a CAGR of 3.16% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global multiple launch rocket systems (MLRS) market for 2016-2020. To calculate the market size, the report considers the revenue generated from, production of, and average price of MLRS.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Multiple Launch Rocket Systems (MLRS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Avibras
• Denel Land Systems
• Lockheed Martin
• Roketsan

Other prominent vendors
• Diehl Defence
• BAE Systems
• Splav State Research and Production Association
• Norinco

Market driver
• Development of MLRS by small economies
• For a full, detailed list, view our report

Market challenge
• Development of Boeing's Small Diameter Bomb (SDB)
• For a full, detailed list, view our report

Market trend
• Development of long-range MRLS
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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