Who are the key players in US Multiple Launch Rocket Systems (MLRS) Market industry?

Key players in the US MLRS Market include Lockheed Martin, Northrop Grumman, Raytheon Technologies, BAE Systems, and General Dynamics. These companies lead the industry in advanced rocket and missile system development, providing state-of-the-art launch platforms, enhanced precision technologies, and integrated battlefield networks for the US military.

What is the US Multiple Launch Rocket Systems (MLRS) Market growth?

The US MLRS market has seen robust growth, driven by increasing defense budgets and modernization initiatives. In 2023, Lockheed Martin reported a surge in demand for its HIMARS systems due to heightened geopolitical tensions and overseas military aid, contributing significantly to overall market expansion.

Which segment accounted for the largest US Multiple Launch Rocket Systems (MLRS) Market share?

The largest segment by application is the military and defense sector, accounting for most of the US MLRS market share. This dominance is attributed to the expanding adoption of MLRS for precise artillery support, rapid response operations, and modernization of ground combat capabilities within the US Army.

What are the factors driving the US Multiple Launch Rocket Systems (MLRS) Market?

Key drivers include ongoing military modernization projects, rising focus on rapid-deployment capabilities, and recent conflicts requiring advanced precision strike systems. For example, Lockheed Martin's ongoing upgrades to the M270 MLRS platform address evolving battlefield requirements, driving continued investment in MLRS technologies.

Which type accounted for the largest US Multiple Launch Rocket Systems (MLRS) Market share?

Tracked MLRS systems hold the largest market share in the US due to their superior mobility, payload capacity, and suitability for diverse terrains. The M270 tracked launcher, widely used by US forces, epitomizes this segment’s dominance owing to its reliability and operational versatility in demanding environments.

US Multiple Launch Rocket Systems (MLRS) Market Manufacturing Plant Project Report - Pre-Feasibility, Cost & ROI Analysis

US Multiple Launch Rocket Systems (MLRS) Market Plant Report, Pre-Feasibility, Production Cost Structure, Expenditure Report, Return on Investment (ROI), Economic Feasibility, Capex, OPEX, Machinery, Material Cost, Top Installation Services Providers Analysis

Last Updated: 01-08-2025 | Format: PDF | Report ID:20839 | Author: Lily

Procurement Report

US Multiple Launch Rocket Systems (MLRS) Market Procurement Resource Report

Plant ReportPre-FeasibilityProduction Cost StructureExpenditure ReportReturn on Investment (ROI)Economic FeasibilityCapexOPEXMachineryMaterial CostTop Installation Services Providers Analysis

1. US Multiple Launch Rocket Systems (MLRS) Market Plant Market Revenue (USD Million), (2020-2035)

1.1. US Multiple Launch Rocket Systems (MLRS) Market Plant By Regions/Countries

1.1.1. North America

1.1.2. Europe

1.1.3. Asia-Pacific

1.1.4. South America

2. US Multiple Launch Rocket Systems (MLRS) Market Plant Executive Summary

2.1. US Multiple Launch Rocket Systems (MLRS) Market Plant Market Historical and Forecasted Scenario

2.2. US Multiple Launch Rocket Systems (MLRS) Market Plant Production Cost Comparison Between 2025 and 2030

2.3. US Multiple Launch Rocket Systems (MLRS) Market Plant Income Projections

2.4. US Multiple Launch Rocket Systems (MLRS) Market Plant Expenditure Details

2.5. US Multiple Launch Rocket Systems (MLRS) Market Plant Profit Margin

3. US Multiple Launch Rocket Systems (MLRS) Market Plant Installation Cost Structure

3.1. Total US Multiple Launch Rocket Systems (MLRS) Market Plant Capital Investment (Capacity)

3.2. US Multiple Launch Rocket Systems (MLRS) Market Plant Working Capital By Country

3.3. US Multiple Launch Rocket Systems (MLRS) Market Plant Land Cost By Country

3.4. US Multiple Launch Rocket Systems (MLRS) Market Plant Civil Work Cost By Country

3.5. US Multiple Launch Rocket Systems (MLRS) Market Plant Machinery Cost By Country

3.6. US Multiple Launch Rocket Systems (MLRS) Market Plant Auxiliary Equipment Cost By Country

3.7. US Multiple Launch Rocket Systems (MLRS) Market Plant Services Charges By Country

4. US Multiple Launch Rocket Systems (MLRS) Market Plant Variable Costs Structure

4.1. US Multiple Launch Rocket Systems (MLRS) Market Plant Raw Materials

4.1.1. US Multiple Launch Rocket Systems (MLRS) Market Plant Raw Material Specifications

4.1.2. US Multiple Launch Rocket Systems (MLRS) Market Plant Raw Material Consumptions

4.1.3. US Multiple Launch Rocket Systems (MLRS) Market Plant Raw Material Costs

4.2. US Multiple Launch Rocket Systems (MLRS) Market Plant Utilities Consumption Costs

4.3. US Multiple Launch Rocket Systems (MLRS) Market Plant Co-Products Cost Credit

4.4. US Multiple Launch Rocket Systems (MLRS) Market Plant Labor Requirements and Costs

5. US Multiple Launch Rocket Systems (MLRS) Market Plant Fixed Cost Structure

5.1. US Multiple Launch Rocket Systems (MLRS) Market Plant Repair & Maintenance Cost

5.2. US Multiple Launch Rocket Systems (MLRS) Market Plant Overheads Cost

5.3. US Multiple Launch Rocket Systems (MLRS) Market Plant Insurance Cost

5.4. US Multiple Launch Rocket Systems (MLRS) Market Plant Depreciation Chargers

6. Top 5 Plant Installation Service Providers Comparative Analysis

6.1. US Multiple Launch Rocket Systems (MLRS) Market Plant Consulting Charges

6.2. US Multiple Launch Rocket Systems (MLRS) Market Plant Civil Services Charges

6.3. US Multiple Launch Rocket Systems (MLRS) Market Plant Installation Charges

6.4. Other Charges

About the Author

Lily

Senior Market Research Analyst

Lily is a Senior Market Research Analyst specializing in market research, industry analysis, and business consulting across Aerospace & Defence. Lily brings a commercially grounded perspective to sectors shaped by changing demand, innovation, and competitive dynamics, helping turn complex market trends into clear strategic insights for business decision-makers. With 10+ years of experience across research, analytics, and strategic advisory roles, Lily has helped organizations translate data into actionable growth strategies.

Aerospace & DefenceMarket ResearchIndustry AnalysisStrategic Consulting

Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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