Japan Man-Portable Rocket Launcher Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
The Japan man-portable rocket launcher market is experiencing significant demand driven by the evolving needs of defense and security sectors. A man-portable rocket launcher (MPRL) is a versatile weapon system designed for use by individual soldiers, providing them with the ability to destroy tanks, armored vehicles, and even aircraft in certain circumstances. Japan’s growing defense budget, geopolitical challenges, and increasing regional security concerns have contributed to the rise in demand for such systems.
In Japan, MPRLs are primarily used by the Self-Defense Forces (SDF), which plays a crucial role in maintaining national security and regional stability. These portable launchers offer critical tactical advantages for infantry units, especially in terrain where heavy artillery and other large weapons are less effective. The market for man-portable rocket launchers is evolving in response to several factors, including technological advancements in weaponry and the growing focus on improving military mobility and flexibility.
The demand for MPRLs is driven by industries such as defense, security, and military suppliers. These systems are seen as integral components for modernizing the Japanese military, offering enhanced capabilities in urban warfare and quick-response situations. Furthermore, as global threats evolve, the need for highly mobile and efficient defense equipment becomes paramount, making the man-portable rocket launcher a top priority for procurement and development.
Japan’s market for man-portable rocket launchers is also influenced by international defense collaborations, which foster the exchange of technology and defense strategies. Companies are increasingly investing in research and development to create more lightweight, cost-effective, and technologically advanced systems that meet the diverse needs of military forces worldwide. The market is expected to continue its upward trajectory as Japan strengthens its defense capabilities amid growing concerns in the Asia-Pacific region.
The requirement for man-portable rocket launchers from various industries continues to rise as countries prioritize modernization of their armed forces. The launchers are valued for their portability, ease of use, and effectiveness in neutralizing threats quickly, making them essential tools for defense forces in Japan and beyond.
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General Dynamics
Lockheed Martin
Raytheon
Saab
Thales
Instalaza
Bazalt
Safran
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Man-Portable Rocket Launcher Market
Shoulder-Launched
Vehicle-Mounted
Platform-Based
Short-Range
Medium-Range
Long-Range
Single-Shot
Multi-Shot
Chemical Propellant
Electric Propellant
Hybrid Propellant
Anti-Tank
Anti-Aircraft
Anti-Personnel
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Man-Portable Rocket Launcher Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Man-Portable Rocket Launcher Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Man-Portable Rocket Launcher Market, By Type
6. Japan Man-Portable Rocket Launcher Market, By Application
7. Japan Man-Portable Rocket Launcher Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Man-Portable Rocket Launcher Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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