Global Directed Energy Weapons Market Trends, Applications, Analysis, Growth, and Forecast to 2026

MarketResearch.biz delivers in-depth insights on the global directed energy weapons market in its upcoming report titled, “Global Directed Energy Weapons Market Trends, Applications, Analysis, Growth, and Forecast to 2026”. The global directed energy weapons market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017 to 2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global directed energy weapons market has been segmented on the basis of technology, deployment, weapon type, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Directed energy weapons (DEW) generate streams of electromagnetic energy that can be precisely aimed over long distances to disable or destroy targets. DEW are capable of selecting targets which are discrete. DEW operate at speed of light and can cause disruptive effects to personnel and facilities. The cost per unit of directed energy weapons is lesser than the same for conventional weapons. Directed energy weapons are versatile in utility as they can be used in crowd control situations.

Rising demand for directed energy weapons, owing to their ability to damage target with minimum indemnity damage is a major factor expected to drive global directed energy weapons market over the forecast period. In addition, changing warfare nature in the global environment is another factor expected fuel growth of the target market in the near future. Furthermore, increasing consumption of directed energy weapons in defense sector is other factor projected to propel growth of the global market over the forecast period.

However, insufficient funding and arms transfer policy are some factors expected to limit growth of the target market over the forecast period. Also, increasing defense expenditure by many countries as well as technological developments are another factors expected to hamper growth of the global directed energy weapons market in the near future.

Currently, market in North America accounts for highest market share in the global directed energy weapons market in terms of revenue. This can be attributed to rising demand for directed energy weapons, owing to technological advancements and rising incidences of terrorism and civil unrest in the region. The market in Asia-Pacific is expected to witness significant growth over the forecast period, owing to increasing research and development activities undertaken in the region for development of advanced technology-based directed energy weapons for tactical operations. Also research organization of India DRDO (defense research and development organization) has planned high powered laser weapons technology development for improving anti-ballistic missile capability, India is expected to develop directed energy weapons (DEW) production over the forecast year. Also the market in North America is expected to register a CAGR of X.X% during the forecast period.

Global directed energy weapons market segmentation:

By technology:

• High Energy Lasers
• High Power Microwaves
• Particle Beams

By deployment:

• Airborne
• Land Based
• Naval

By weapon type

• Lethal
• Non-Lethal

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Lockheed Martin Corporation
• Northrop Grumman Corporation
• The Boeing Company
• Raytheon Company
• BAE systems plc
• L-3 Technologies Inc.
• Qinetiq Group plc
• General Dynamics Corporation
• Rafael Advanced Defense Systems Ltd.
• Kratos Defense & Security Solutions, Inc.