Man-Portable Rocket Launcher Market Size, Segments, and Growth by 2031

MARKET INTRODUCTION

A launch rocket is a firearms device that fires a missile propelled by rockets. These launchers come in a variety of sizes, forms, and applications. These are classified into large-scale versions, such as vehicle-mounted rocket launchers, and infantry style rocket launchers, such as man-portable launchers, depending on the deployment methodology. Man-portable rocket launchers are likely to be transported by a group or person to the operational site, while carriage-mounted rocket launch vehicles, such as ships or aircraft, tankers, trucks, and armoured vehicles, may be attached to any type of vehicle.

MARKET DYNAMICS

The rise of terrorism and other terrorist acts around the world has prompted numerous countries' security forces to beef up their counter-measure capabilities against various threats. New procurement is being encouraged by the war on terrorism. Owing to increased military spending over the last decade, the inventory of arms in countries has increased significantly. The growing demand for lightweight guided weapons in the defense sector is a major factor driving the expansion. The market is driven by the demand for new generation anti-armor and anti-aircraft protection. Furthermore, as battlefields become more digital, demand for man-portable rocket launcher systems is expected to rise. However, the introduction of automated missile systems and associated surface control equipment could pose a significant threat to the demand for man-portable rocket launchers. The traumatic brain injury suffered by operators as a result of shoulder-fired rocket launcher weapons could stymie global demand growth.

MARKET SCOPE

The "Global Man-portable Rocket Launcher Market Analysis To 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global man-portable rocket launcher market trend analysis. The man-portable rocket launcher market report aims to provide an overview of the man-portable rocket launcher market with detailed market segmentation by type, range and geography. The global man-portable rocket launcher market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading man-portable rocket launcher market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global man-portable rocket launcher market is segmented on the basis of type, and range. Based on type, the man-portable rocket launcher market is segmented into shoulder-launched, and tripod mounted. On the basis of range, the man-portable rocket launcher market is segmented as extended range, medium range, and short range.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global man-portable rocket launcher market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The man-portable rocket launcher market by each region is later sub-segmented by respective countries and segments. The man-portable rocket launcher market report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the man-portable rocket launcher market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forcesanalysishighlighting factors affecting the man-portable rocket launcher market in these regions.

MARKET PLAYERS

The reports cover key developments in the man-portable rocket launcher market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from man-portable rocket launcher market are anticipated to lucrative growth opportunities in the future with the rising demand for man-portable rocket launcher in the global market. Below mentioned is the list of few companies engaged in the man-portable rocket launcher market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the man-portable rocket launcher market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Bazalt
  
•   General Dynamics Corporation
  
•   Instalaza
  
•   KBP Instrument Design Bureau
  
•   Lockheed Martin Corporation.
  
•   Raytheon Technologies Corporation
  
•   Rafael Advanced Defense Systems Ltd.
  
•   Saab
  
•   Safran
  
•   Thales Group
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Man-Portable Rocket Launcher Report Scope