Market Overview:
The global man-portable rocket launcher market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for man-portable rocket launchers for military defense and military exercises applications across the globe. Additionally, factors such as rising geopolitical tensions and increasing terrorist threats are also contributing to the growth of this market. The shoulder-launched rocket launcher segment is expected to account for the majority share of the global man-portable rocket launcher market in 2018, followed by tripod mounted launchers. The shoulder-launched rockets are easy to operate and provide high accuracy, which makes them popular among militaries across different regions. However, with advancements in technology, tripod mounted launchers are gaining popularity as they offer enhanced stability and precision while firing rockets. In terms of region, North America is expected to lead the global man portable rocker launcher market in 2018 followed by Europe.
Product Definition:
A man-portable rocket launcher is a shoulder-fired, unguided weapon system that launches a rocket or missile to destroy or disable enemy targets. They are used by infantry and special forces to provide close air support, counter battery fire and antiarmor capability.
Shoulder-Launched Rocket Launcher:
Shoulder-launched rocket launcher is a shoulder-fired, reloadable ballistic missile system. It consists of a tube into which the missile is fitted and held in place by the tension of an elastic band. The first two missiles launched from the launcher have to be loaded manually; after that, they are automatically propelled at regular intervals by compressed air or nitrogen gas generated through the engine's exhaust port.
Tripod-Mounted Rocket Launcher:
The Tripod-Mounted Rocket Launcher (TMRL) is a man-portable rocket launcher system capable of firing high explosive rockets up to ranges of 25,000 feet. It was developed by the U.S. military in the early 1960s as an alternative to shoulder fired M2 40mm anti-aircraft guns and later adopted by several other countries across the globe owing to its capability of being deployed in battlefield situations without any prior training for soldiers operating it.
Application Insights:
The military defense application segment led the global market in 2017. The increasing need for man-portable rocket launchers in military defense applications is expected to drive the demand over the forecast period. Furthermore, a rise in cross-border conflicts and terrorism has resulted in an increased number of man-portable rocket launcher systems being procured by several countries worldwide.
The military exercise application segment is expected to witness significant growth over the forecast period owing to an increase in joint training and exercises between various countries including Russia, China, India Japan among others. Increasing border patrolling activities have also resulted into an increased number of drills with partner nations across all major regions globally which further drives demand for man-portable rocket launcher systems during military exercise applications globally.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being the most powerful nation, has a strong military defense system and is also involved in numerous military exercises across the globe to enhance its defense capabilities against any external or internal threats. This region is expected to witness significant growth over the forecast period owing to increasing geopolitical conflicts and terrorist activities across countries, such as Syria, Iraq, Afghanistan among others.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising tensions between nuclear powers India and Pakistan as well as China and Taiwan among other countries that are involved in various disputes with each other leading to an increase in arms race within this region which will eventually drive demand for man-portable rocket launchers over next seven years.
Growth Factors:
- Increasing demand for man-portable rocket launchers from the military and law enforcement agencies across the globe due to its features such as precision targeting, high accuracy, and low recoil.
- Rising incidences of cross-border conflicts and terrorism activities are propelling the demand for man-portable rocket launchers in the global market.
- Growing investments by key players in research and development activities to develop advanced man-portable rocket launchers is expected to fuel the growth of this market in future years.
- The increasing use of man-portable rocket launchers by civilians for recreational purposes is also projected to boost this market’s growth over the next few years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Man-Portable Rocket Launcher Market Research Report
By Type
Shoulder-Launched Rocket Launcher, Tripod-Mounted Rocket Launcher
By Application
Military Defense, Military Exercise
By Companies
General Dynamics, Lockheed Martin, Raytheon, Saab, Thales, Instalaza, Bazalt, Safran, General Dynamics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Man-Portable Rocket Launcher Market Report Segments:
The global Man-Portable Rocket Launcher market is segmented on the basis of:
Types
Shoulder-Launched Rocket Launcher, Tripod-Mounted Rocket Launcher
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military Defense, Military Exercise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Dynamics
- Lockheed Martin
- Raytheon
- Saab
- Thales
- Instalaza
- Bazalt
- Safran
- General Dynamics
Highlights of The Man-Portable Rocket Launcher Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shoulder-Launched Rocket Launcher
- Tripod-Mounted Rocket Launcher
- By Application:
- Military Defense
- Military Exercise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Man-Portable Rocket Launcher Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A man-portable rocket launcher is a type of artillery system that can be carried by one person and used to launch projectiles at high speeds.
Some of the key players operating in the man-portable rocket launcher market are General Dynamics, Lockheed Martin, Raytheon, Saab, Thales, Instalaza, Bazalt, Safran, General Dynamics.
The man-portable rocket launcher market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Man-Portable Rocket Launcher Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Man-Portable Rocket Launcher Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Man-Portable Rocket Launcher Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Man-Portable Rocket Launcher Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Man-Portable Rocket Launcher Market Size & Forecast, 2018-2028
4.5.1 Man-Portable Rocket Launcher Market Size and Y-o-Y Growth
4.5.2 Man-Portable Rocket Launcher Market Absolute $ Opportunity
Chapter 5 Global Man-Portable Rocket Launcher Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Man-Portable Rocket Launcher Market Size Forecast by Type
5.2.1 Shoulder-Launched Rocket Launcher
5.2.2 Tripod-Mounted Rocket Launcher
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Man-Portable Rocket Launcher Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Man-Portable Rocket Launcher Market Size Forecast by Applications
6.2.1 Military Defense
6.2.2 Military Exercise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Man-Portable Rocket Launcher Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Man-Portable Rocket Launcher Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Man-Portable Rocket Launcher Analysis and Forecast
9.1 Introduction
9.2 North America Man-Portable Rocket Launcher Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Man-Portable Rocket Launcher Market Size Forecast by Type
9.6.1 Shoulder-Launched Rocket Launcher
9.6.2 Tripod-Mounted Rocket Launcher
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Man-Portable Rocket Launcher Market Size Forecast by Applications
9.10.1 Military Defense
9.10.2 Military Exercise
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Man-Portable Rocket Launcher Analysis and Forecast
10.1 Introduction
10.2 Europe Man-Portable Rocket Launcher Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Man-Portable Rocket Launcher Market Size Forecast by Type
10.6.1 Shoulder-Launched Rocket Launcher
10.6.2 Tripod-Mounted Rocket Launcher
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Man-Portable Rocket Launcher Market Size Forecast by Applications
10.10.1 Military Defense
10.10.2 Military Exercise
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Man-Portable Rocket Launcher Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Man-Portable Rocket Launcher Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Man-Portable Rocket Launcher Market Size Forecast by Type
11.6.1 Shoulder-Launched Rocket Launcher
11.6.2 Tripod-Mounted Rocket Launcher
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Man-Portable Rocket Launcher Market Size Forecast by Applications
11.10.1 Military Defense
11.10.2 Military Exercise
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Man-Portable Rocket Launcher Analysis and Forecast
12.1 Introduction
12.2 Latin America Man-Portable Rocket Launcher Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Man-Portable Rocket Launcher Market Size Forecast by Type
12.6.1 Shoulder-Launched Rocket Launcher
12.6.2 Tripod-Mounted Rocket Launcher
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Man-Portable Rocket Launcher Market Size Forecast by Applications
12.10.1 Military Defense
12.10.2 Military Exercise
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Man-Portable Rocket Launcher Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Man-Portable Rocket Launcher Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Man-Portable Rocket Launcher Market Size Forecast by Type
13.6.1 Shoulder-Launched Rocket Launcher
13.6.2 Tripod-Mounted Rocket Launcher
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Man-Portable Rocket Launcher Market Size Forecast by Applications
13.10.1 Military Defense
13.10.2 Military Exercise
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Man-Portable Rocket Launcher Market: Competitive Dashboard
14.2 Global Man-Portable Rocket Launcher Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Dynamics
14.3.2 Lockheed Martin
14.3.3 Raytheon
14.3.4 Saab
14.3.5 Thales
14.3.6 Instalaza
14.3.7 Bazalt
14.3.8 Safran
14.3.9 General Dynamics
