Global trends toward defense modernization, multi-domain operations, precision strike capabilities, and enhanced battlefield mobility are driving the evolution of the multiple launch rocket systems industry. Increasing demand for highly mobile, long-range, and technologically advanced rocket artillery platforms is creating substantial growth opportunities for defense manufacturers, military...

New York, US, - [19 December 2025] - The global Multiple Launch Rocket Systems (MLRS) market is anticipated to witness significant growth in the coming years, driven by rising defense budgets and increasing geopolitical tensions. The Multiple Launch Rocket Systems Market size is expected to reach US$ 1.2 billion by 2031. The market is anticipated to register a CAGR of 6.1% during 2025-2031....