The increasing security threats among nations and across borders have heightened the need to bolster defense forces with advanced systems such as multiple launch rocket systems (MLRS). Thus, small-economy countries such as Belarus and Kazakhstan and developing countries such as India, China, and Brazil are constantly investing in the procurement of MLRS to strengthen their strike capabilities.

APAC is expected to have a major share in the market during the forecast period due to the increasing investments by countries such as India and China.The technological advancements such as integration of rockets with global positioning system (GPS), gyros, and sensors result in high precision, thus improving the overall performance of MLRS.

PART 01: Executive summary 6

Highlights 6

PART 02: Scope of the report 7

Market overview 7

Top-vendor offerings 8

MLRS: Some major programs 8

PART 03: Market research methodology 11

Research methodology 11

Economic indicators 11

PART 04: Introduction 12

Key market highlights 12

PART 05: Market landscape 14

Market overview 14

Market size and forecast 15

Five forces analysis 18

PART 06: Market segmentation by product type 19

Market segmentation by product type 19

Global wheeled MLRS market 20

Global tracked MLRS market 22

PART 07: Geographical segmentation 24

Geographical segmentation by market share 24

MLRS market in Americas 26

MLRS market in EMEA 28

MLRS in APAC 30

PART 08: Market drivers 32

Growing warfare in urban areas 32

Development of MLRS by small economies 32

Development and modernization of rocket systems 33

PART 09: Impact of drivers 36

PART 10: Market challenges 37

Lack of research for upgrading large, traditional MLRS

platforms 37

Development of Boeing's Small Diameter Bomb (SDB) 38

Withdrawal of troops from Afghanistan 39

PART 11: Impact of drivers and challenges 40

PART 12: Market trends 41

PART 13: Vendor landscape 44

Competitive landscape 44

PART 14: Key vendor analysis 45

Avibras 45

Denel Land Systems 47

Lockheed Martin 48

Roketsan 49

Other prominent vendors 50

PART 15: Appendix 52

List of abbreviations 52

PART 16: Explore Technavio 54