Multi-Barrel Rocket Launcher Market Report 2026

The multi-barrel rocket launcher market size has grown strongly in recent years. It will grow from $1.5 billion in 2025 to $1.58 billion in 2026 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increasing investments in artillery modernization programs, rising regional conflicts and border tensions, advancements in rocket guidance and propulsion technologies, demand for mobile and rapid-response firepower, procurement of new launch platforms and upgrading existing systems.

The multi-barrel rocket launcher market size is expected to see strong growth in the next few years. It will grow to $1.92 billion in 2030 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to growing adoption of precision-guided rockets, integration of advanced targeting and fire control systems, expansion of defense budgets in emerging markets, focus on extended-range and multi-caliber launch capabilities, development of network-centric and autonomous launch systems. Major trends in the forecast period include precision targeting & fire control systems, modular & mobile launch platforms, advanced rocket propellants, enhanced survivability & mobility, integrated battlefield network compatibility.

The rising cross-border tensions are expected to drive the growth of the multi-barrel rocket launcher (MBRL) market. Cross-border tensions refer to conflicts or disputes between neighboring countries or regions, often stemming from political, economic, or territorial disagreements. These tensions are increasing due to territorial disputes and competing claims over land or maritime boundaries, which can escalate into diplomatic standoffs, military confrontations, or economic sanctions. MBRLs enhance military capabilities by delivering rapid, concentrated firepower, acting as both a deterrent and a means to demonstrate readiness in high-tension regions. For instance, in May 2024, the Internal Displacement Monitoring Centre (IDMC), a Switzerland-based NGO, reported that the number of people internally displaced by conflict and violence rose by 22.6 million - a 49% increase - with the most significant surges occurring in 2022 and 2023. Therefore, increasing cross-border tensions are propelling the adoption of multi-barrel rocket launcher systems.

Key companies in the MBRL market are focusing on advanced solutions such as precision-guided rocket systems to improve targeting accuracy and reduce collateral damage. Precision-guided rocket systems integrate targeting technologies into multi-barrel rocket launchers, enabling precise strikes, lowering rocket expenditure, and reducing unintended damage. For example, in February 2025, India’s Defence Research and Development Organisation (DRDO) collaborated with Tata Advanced Systems Limited to present the Pinaka precision-guided MBRL system to France. The system incorporates advanced targeting features to enhance strike accuracy while minimizing collateral damage, supporting India’s strategic goal of exporting defense technologies and strengthening global defense partnerships.

In September 2024, Diehl Defence GmbH & Co. KG, a Germany-based weapons manufacturer, and Israel’s Elbit Systems Land signed a teaming agreement to develop and supply rockets and advanced training munitions for the PULS and EuroPULS launchers. This partnership addresses Europe’s growing demand for rocket artillery and long-range precision strike capabilities. It enables local production, support, and sustainment, complementing the EuroPULS initiative with KNDS Deutschland, and leverages Diehl’s decades of expertise in MLRS and guided rockets alongside Elbit’s advanced rocket artillery technology to deliver precision fire-support solutions for Germany, NATO, and other European customers.

Major companies operating 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 2025. The regions covered in the multi-barrel rocket launcher market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have affected the multi-barrel rocket launcher market by increasing the cost of imported components and raw materials, impacting production and supply chain timelines. The effects are most pronounced in segments relying on high-precision electronics and advanced materials, and in regions like Asia-Pacific and Eastern Europe that are key suppliers. However, tariffs have also encouraged local sourcing and manufacturing investments, fostering domestic production capabilities and innovation in launch platforms and fire control systems.

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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 countries covered in the multi-barrel rocket launcher market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, 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/or 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.

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