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Multiple Rocket Launchers Market to Witness Robust Expansion by 2024– Top Key players like Lockheed Martin,Splav,Roketsan,Inc.
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A multiple rocket launcher (MRL) or multiple launch rocket system (MLRS) is a type of rocket artillery system. Rockets have different capabilities than artillery, like longer range, and different payloads, for example considerably larger warheads, or multiple warheads. Unguided rocket artillery is notoriously inaccurate and slow to reload, compared to artillery. To overcome this, rockets are combined in systems that can launch multiple rockets simultaneously. Modern rockets can use GPS or inertial guidance, to combine the advantages of rockets with high accuracy.
The multiple rocket launcher industry is relatively concentrated: due to the high barriers (technical barriers and material resources), only limited countries are involved in the business. Major manufacturers of multiple rocket launchers are mainly in US, Russia and China.
Multiple rocket launchers downstream is mainly military industry. In recent years, for the reason to restrain the ISIS from destroying the world peace, the demand for multiple rocket launchers will correspondingly increase.
The Multiple Rocket Launchers market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Multiple Rocket Launchers.
Market Segment by Manufacturers, this report covers
Lockheed Martin
NORINCO GROUP
Splav
Roketsan
Avibras
IMI
Others
Market Segment by Type, covers
Tracked Rocket Launchers
Wheeled Rocket Launchers
Towed Rocket Launchers
Market Segment by Applications, can be divided into
Political
Commerical
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Related Information:
North America Multiple Rocket Launchers Market Growth 2019-2024
United States Multiple Rocket Launchers Market Growth 2019-2024
Asia-Pacific Multiple Rocket Launchers Market Growth 2019-2024
Europe Multiple Rocket Launchers Market Growth 2019-2024
EMEA Multiple Rocket Launchers Market Growth 2019-2024
Global Multiple Rocket Launchers Market Growth 2019-2024
China Multiple Rocket Launchers Market Growth 2019-2024
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