12:03 PM Multiple Launch Rocket Systems (MLRS) Market to experience an impressive growth of 8.2% during 2020-2025 |
Multiple Launch Rocket Systems (MLRS) Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more. 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. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/807/multiple-launch-rocket-systems-market.html Or Read the summary of the report here: https://www.stratviewresearch.com/807/multiple-launch-rocket-systems-market.html Multiple Launch Rocket Systems (MLRS) Market Segment Insights: By Launch Vehicle Type: 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. By Caliber Type: 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. By Range Type: 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. By Region: 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. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/807/multiple-launch-rocket-systems-market.html 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:
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