Mortars are infantry weapon platforms used by the defense forces to target hostile ground infantry troops. While mortars with a caliber size of more than 120mm need to be towed on wheels, smaller caliber mortars are generally man-portable. While the high explosive power of mortars render it highly effective against ground targets, the low firing rate and limited range of mortars render them susceptible to aerial threats and render them ineffective in long-range combat scenarios. Several countries are expending significant resources toward augmenting their current military prowess by procuring new weapon systems or modernizing their existing deployed systems with advanced ammunition rounds.

1. INTRODUCTION 

2. RESEARCH METHODOLOGY 

3. EXECUTIVE SUMMARY 

4. MARKET DYNAMICS 

5. MARKET SEGMENTATION 

6. COMPETITIVE LANDSCAPE 

7. MARKET OPPORTUNITIES AND FUTURE TRENDS