Multiple Launch Rocket Systems Market Development and Growth, Segmentation Forecast to 2026 | Larsen & Toubro, NPO Splav, IMI Systems, Tata Power Sed

Press Release

Global Multiple Launch Rocket Systems (MLRS) market is expected to grow from $565.84 million in 2017 to reach $1149.32 million by 2026 with a CAGR of 8.2%.

The report also puts forward the current and future market scenario derived precisely from a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The exhaustive PEST analysis is done for each region to assess major external factors which may influence the Multiple Launch Rocket Systems Market in the coming years.

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The market study also includes the key drivers expected to boost the market growth and restraining factors along with future opportunities during the forecast. The Multiple Launch Rocket Systems Market is likely to showcase symbolic growth opportunities owing to growing demands for Multiple Launch Rocket Systems across the globe.

The market report highlights top ten companies’ operation strategy in the market through a descriptive SWOT analysis of each company, business overview, products and services, financial statements of last three years, and key developments and product launches by the company in recent years.

The major market player included in this report are :   Larsen & Toubro, NPO Splav, IMI Systems, Tata Power Sed, Avibras Ind?stria Aeroespacial S .A., Lockheed Martin Corporation, Hanwha Corporation, Roketsan, BAE Systems PLC and Norinco Group.

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The detailed segments and sub-segment of the market are explained below: 

Firing Ranges Covered:
– 10-100 km
– 100-300 km

Pod Capacities Covered:
– Up to 16
– 16 to 40

Caliber Ranges Covered:
– 70-180mm
– 180-300mm

Launch Vehicle Covered:
– Tracked
– Wheeled

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This post was originally published on Technology Trend