Global Man-Portable Rocket Launcher Market 2017-2021

Overview of the global man-portable rocket launcher market

The global man-portable rocket launcher market is anticipated to grow at a steady rate and will post a CAGR of more than 5% during the forecast period. The increasing need for lightweight rocket launchers will drive the growth prospects for the global man-portable rocket launcher market until the end of 2021. To assist soldiers during their mission operations, they need to carry several pounds of armed weapons and other equipment to the battlefield, which comprises of weapon systems and batteries. Since these weapons and equipment are heavy to carry, it is necessary to provide the soldiers with lightweight tools to enhance their performance on the battlefield. For instance, some of the lightweight rocket launchers are M3 Carl Gustaf, RGW 90, RPO-A Shmel, and RPG-7. Furthermore, one of the major factors responsible for bringing down the weight of rocket launchers is the use of smart textiles. As a result, various weapon vendors have started replacing the conventional mortars and heavyweight portable rocket launchers like Javelin with lightweight and highly accurate systems.

The advent of launchers with low collateral damage will drive the growth prospects for the global man-portable rocket launcher market during the forecasted period. One of the emerging trends in the market is the advent of launcher systems that can be operated across various locations such as buildings, urban areas, and confined spaces. Also, they are designed to reduce the firing noise, flash, and smoke. Furthermore, the ability of these low collateral damage rocket launchers to break walls or doors of buildings during an assault in urban warfare operations is increasing its demand in the market.

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• Identify latent opportunities and explorative solutions in the man-portable rocket launcher market
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Competitive landscape and key vendors

The global man-portable rocket launcher market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. These vendors compete against each other based on various factors such as product quality, reliability, cost, and market share. As a result, vendors have been compelled to manufacture cost-effective and high-quality man-portable rocket launchers to survive and succeed in in this market.

Key vendors in this market are -

• General Dynamics
• Lockheed Martin
• Raytheon
• Saab
• Thales

Other prominent vendors in the market include Instalaza, Bazalt, and Safran.

Segmentation by application and analysis of the man-portable rocket launcher market

• Shoulder-launched rocket launcher
• Tripod-mounted rocket launcher

The shoulder-launched rocket launcher accounts for the maximum market share in 2016 and will continue to dominate the market for the next few years. Some of the major factors responsible for the market segment’s growth is its ability to stand against bunkers, tanks, fixed shelters, as well as against infrastructures.

Segmentation by geography and analysis of the man-portable rocket launcher market

• Americas
• APAC
• EMEA

In terms of geography, the Americas account for the maximum market share in 2016 and will continue to dominate the market for the next four years. One of the major factors responsible for the market’s growth in this region is the high demand for rocket launchers from the US. This region has positioned itself as a supreme firepower nation and maintained a steady demand for artilleries and advanced technologies over the past few years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global man-portable rocket launcher market?
• What are the key market trends impacting the growth of the global man-portable rocket launcher market?
• What are the challenges to market growth?
• Who are the key vendors in the global man-portable rocket launcher market?
• What are the market opportunities and threats faced by the vendors in the global man-portable rocket launcher market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global man-portable rocket launcher market?

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