PUBLISHER: The Business Research Company | PRODUCT CODE: 1760188
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760188
A multi-barrel rocket launcher (MBRL) is a form of rocket artillery system engineered to fire multiple rockets in rapid succession from a single platform. Typically mounted on vehicles, these systems are designed to deliver substantial firepower across broad areas, making them highly effective for saturation attacks. Armed forces widely use MBRLs due to their ability to engage distant targets quickly, combining mobility, firepower, and speed for modern combat operations.
The primary types of multi-barrel rocket launchers include fixed and mobile variants. A fixed MBRL is a permanently stationed artillery system intended to provide continuous, high-volume fire support from a strategic position. These systems are classified by range into short-range, medium-range, and long-range categories, with various launch system formats such as towed, self-propelled, and vehicle-mounted launchers, among others. MBRLs are utilized across several domains, including military and defense, homeland security, and other specialized applications.
The multi-barrel rocket launchers market research report is one of a series of new reports from The Business Research Company that provides multi-barrel rocket launchers market statistics, including the multi-barrel rocket launchers industry global market size, regional shares, competitors with the multi-barrel rocket launchers market share, detailed multi-barrel rocket launchers market segments, market trends, and opportunities, and any further data you may need to thrive in the multi-barrel rocket launchers industry. This multi-barrel rocket launchers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The multi-barrel rocket launcher market size has grown strongly in recent years. It will grow from $1.43 billion in 2024 to $1.51 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. Growth during the historical period can be attributed to escalating cross-border tensions and regional conflicts, increased demand for rapid-response artillery systems, the expansion of defense modernization initiatives, advancements in domestic defense manufacturing, and the growing deployment of MBRLs in asymmetric warfare scenarios.
The multi-barrel Rocket Launcher market size is expected to see strong growth in the next few years. It will grow to $1.84 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. Projected growth in the forecast period is driven by rising military expenditures in emerging nations, a heightened focus on mobile and modular artillery systems, the expansion of cross-domain warfare and joint military operations, increased demand for precision-guided rocket technology, and mounting geopolitical instability and global arms competitions. Key trends expected during this period include a transition toward precision-guided munitions, integration with unmanned platforms and network-centric warfare systems, an emphasis on rapid mobility and quick deployment, adoption of modular and multi-caliber launcher systems, and a strategic focus on indigenous development and self-sufficiency.
The growing cross-border tensions are anticipated to drive the expansion of the multi-barrel rocket launcher market. Cross-border tensions involve disputes or conflicts between neighboring countries or regions, often arising from political, economic, or territorial issues. These tensions are largely fueled by territorial disputes, where conflicting claims over land or maritime boundaries intensify hostilities between neighboring nations, potentially leading to diplomatic standoffs, military confrontations, or economic sanctions. Multi-barrel rocket launchers (MBRLs) enhance military capabilities by providing rapid and overwhelming firepower, which serves as a deterrent in regions facing cross-border tensions, signaling military strength and readiness. For example, the Internal Displacement Monitoring Centre (IDMC), a Switzerland-based NGO, reported in May 2024 that the number of people displaced due to conflict and violence rose by 22.6 million, a 49% increase, with significant spikes in 2022 and 2023. As such, rising cross-border tensions are a key factor driving the growth of the multi-barrel rocket launcher market.
Companies in the multi-barrel rocket launcher market are increasingly focusing on the development of advanced systems such as precision-guided rocket systems to improve accuracy and minimize collateral damage. Precision-guided rocket systems are equipped with advanced targeting technologies that enhance the capabilities of multi-barrel rocket launchers by increasing strike accuracy, reducing rocket usage, and allowing for more precise targeting. For instance, in February 2025, the Defense Research and Development Organization (DRDO) of India collaborated with Tata Advanced Systems Limited, an aerospace company, to unveil the Pinaka precision-guided multi-barrel rocket launcher system to France. This system incorporates advanced targeting features that aim to improve strike precision while reducing collateral damage. The initiative supports India's broader strategy to become a major exporter of defense technology and strengthen strategic defense partnerships globally. The inclusion of precision-guided munitions in the Pinaka system marks significant progress in multi-barrel rocket technology, enabling more effective military operations with reduced risks to civilians and infrastructure.
In December 2022, Elbit Systems Ltd., an Israel-based defense technology company, teamed up with Krauss-Maffei Wegmann (KMW), a German manufacturer specializing in armored vehicles and defense systems, to develop the Euro-PULS, a modernized European rocket artillery system. This partnership aims to replace existing Multiple Launch Rocket Systems (MLRS) with the Euro-PULS, aligning with European defense standards and addressing the operational needs of European countries. The collaboration will modernize European rocket artillery, ensuring that defense capabilities meet the evolving needs of modern warfare.
Major players in the multi-barrel rocket launcher market are The Boeing Company, Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman, BAE Systems, Larsen & Toubro (L&T), Thales Group, Tata Power SED, Rheinmetall AG, Elbit Systems Ltd., Hanwha Defense Co. Ltd., Diehl Defense GmbH & Co. KG, Roketsan Roket Sanayii ve Ticaret A.S., PT Pindad, Avibras Industria Aeroespacial S.A., Huta Stalowa Wola, UVision Air Ltd., Arnold Defense & Electronics, ZALA Aero Group, and Luch Design Bureau.
Asia-Pacific was the largest region in the multi-barrel rocket launcher market in 2024. The regions covered in multi-barrel rocket launcher report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the multi-barrel rocket launcher market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The multi-barrel rocket launcher market consists of sales of rocket launch systems, launch platforms, guided and unguided rockets, fire control systems, and targeting and navigation components. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Multi-Barrel Rocket Launcher Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on multi-barrel rocket launcher market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for multi-barrel rocket launcher ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The multi-barrel rocket launcher market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.