LONDON--(BUSINESS WIRE)--Technavio has announced the top eight leading vendors in their recent global multiple launch rocket systems (MLRS) market report. The market size has been calculated from revenue generated from, production of, and average price of MLRS.
The increasing security threats among nations and across borders have heightened the need to bolster defense forces with advanced systems such as MLRS. Thus, small-economy countries such as Belarus and Kazakhstan and developing countries such as India, China, and Brazil are constantly investing in the procurement of MLRS to strengthen their strike capabilities.
Competitive vendor landscape
In-house manufacturing capabilities, product offerings, global footprint network, R&D investments, newer technologies, and strong client base have become the key areas to have an edge over competitors. Factors like global economic recovery, growth in the defense sector, and increasing R&D investments have opened room for opportunities for defense vendors to compete and grow.
“The global MLRS market is highly competitive, and vendors compete based on cost, product quality, reliability, and aftermarket service. It is important for the vendors to provide cost-effective and high-quality interceptors, integrated with the latest technologies to sustain themselves in an intensely competitive market environment,” says Moutushi Saha, a lead defense analyst from Technavio.
Growth of market vendors depends on numerous factors like government support, market conditions, and industry development. Thus, vendors should not only improve their product portfolios but also expand their geographic customer bases. The major vendors compete in terms of availability, price, quality, and technology. Their focus is primarily on the implementation of lightweight materials, electric technologies, and robust systems.
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Top eight MLRS market vendors
Avibras is a Brazilian engineering company that offers products in aeronautics, space, electronics, vehicles, and defense domains. The company manufactures air-to-ground and ground-to-ground defense systems, unmanned aircraft, and missiles with the use of software and hardware that are wholly developed, designed, and integrated in-house.
Denel Land Systems
Denel Land Systems offers products such as armor, infantry systems, infantry weapons, artillery, and weapons. The company also manufactures barrels for weapons like rapid fire canons, pistols, machine guns, and artillery systems.
Lockheed Martin provides highly mobile, automatic MLRS that fire missiles and surface-to-surface rockets from the M270 platform. The crew can also fire 12 MLRS rockets or two ATACMS from inside the cabin. These MLRS were also to fire 32 ATACMS and 10,000 rockets during combat.
Roketsan is a Turkish defense contractor and weapons manufacturer that offers defense products such as air defense systems, ammunition, precision-guided missiles and rockets, naval systems, and ballistic protection systems. The company provides a wide range of rockets and missiles such as laser- and infrared-guided missiles, UMTAS anti-tank missiles, Cirit laser-guided missiles, and unguided rockets.
Diehl Defence was part of the industrial consortium that developed M270 MLRS. Diehl was also involved in the development of GMLRS rocket as the German partner of Lockheed-Martin. This company also provides RM-70, a 122-mm artillery rocket system that is mainly used by the East and Central European countries.
The company was part of the team engaged in the production of HIMARS. In November 2010, The company received a contract worth USD 16.3 million from US Army Tank-Automotive and Armaments Command (TACOM) to deliver 44 HIMARS vehicles.
Splav State Research and Production Association
Splav, Russia is a manufacturer of 9K58 Smerch 300-mm MLRS. The company also produced Uragan, Grad, and Prima MLRS. MLRS supplied the company is in service with several countries such as Belarus, Ukraine, Kuwait, Algeria, and India.
Norinco manufactured SR-5 MLRS that entered the market in 2013. This MLRS is a 6×6 wheeled truck consisting of a launcher unit that is capable of holding 220-mm form and 122-mm calibers.
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