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By 2030, the value of the global market for directed energy weapons is expected to reach more than USD 22.38 billion, expanding at a CAGR of 16.6 percent between 2023 and 2030.
Developed and developing countries alike have increased their defence budgets in response to rising international crises, hastening the purchase of new air, land, and sea platforms. Growth in the market is being fueled by investments from the defence industry in the integration of new weapon systems, such as directed energy weapons, into vehicles.
A weapon with a focused force can be used to deliver a predetermined amount of force to a specific location. The aimed-at-arms industry is well-known for producing highly potent beams. For either tracking or simple focus, they rely largely on a solitary optical system. Many people consider lasers to be the pinnacle of DEW technology. In addition, mirrors may easily direct these poles to kill off unseen foes at their origin. As a result of extensive study into DEW sources and concomitant developments in beam directing technology, fully functional DEW systems are currently being constructed and tested for imminent deployment. Advances in information technology, material technology, and space-based capabilities in the twenty-first century are laying the groundwork for meeting the rising need for DEW systems. The US Air Force's airborne laser (ABL) project is emblematic of how DEW technology is developing into a formidable weapon system with unprecedented military potential. The majority of the global market for directed energy weapons is concentrated in North America and Europe. Companies achieve market dominance by focusing on what they do well. Major players in this industry include The Boeing Company, L3Harris Technologies, Inc., Raytheon Technologies Corporation, Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), and BAE Systems plc (UK).
The global market for directed energy weapons is broken down into its component parts in this study, with revenue growth projections and market trend analyses provided for each. The research examines the major opportunities, threats, and development drivers in the market for directed energy weapons. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the directed energy weapons market is broken down and the report's top players are identified, profiled, and their core strengths analysed.
Influential Elements
As technology progressed, the demand for focused energy weapons grew rapidly. Improvements in laser technology, beam control, power generation, and cooling systems have increased the efficacy and destructive potential of directed energy weapons. As these technologies have progressed, aimed energy weapons have gotten more dependable and cost-effective. Many countries placed a premium on updating their military infrastructure. Lower logistical and maintenance costs, greater precision, and greater engagement ranges were only some of the ways in which directed energy weapons outperformed traditional kinetic weapons. As a result, militaries from throughout the world started showing serious interest in acquiring directed energy weapons.
Limiting Circumstances
Directed energy weapons, being cutting-edge modern technology, usually required steep upfront expenses associated with their creation. This meant that only countries with particularly robust defence budgets or a lot of military might could afford to implement them, limiting their availability to other countries.
During the projected period, the market for lethal directed energy weapons is anticipated to grow at the fastest rate.
The global market for directed energy weapons is segmented into two main types: those that cause death and those that don't. The market for lethal directed energy weapons is projected to grow at the fastest rate over the next few years. The category expansion has been driven by the rising interest in deadly and precise weapons. Increased need for precision technology in lethal weapons by militaries throughout the world is driving the directed energy weapons market to new heights. Automatic shotguns, e-bombs, guided projectiles, microwave cannons, navy laser cannons, plasma cannons (electrothermal accelerator), plasma grenades, and rail guns are all examples of lethal directed energy weapons.
During the forecast period, the high energy laser subsegment is anticipated to account for the highest proportion of the worldwide directed energy weapons market.
The global market for directed energy weapons is segmented by technology into high-powered lasers, microwaves, particle beams, and others. During the forecast period, the market for high-energy laser directed energy weapons is predicted to grow at the fastest rate. Market expansion is anticipated to be fueled by rising demand for high-energy laser systems and developments in laser technology throughout the forecast period. Since high-energy laser technology is increasingly being used in directed energy weapons, the segmented market is expected to expand at a quicker rate throughout the forecast period.
The global directed energy weapons market is projected to be led by the defence sector over the next few years.
The global market for directed energy weapons can be broken down into two distinct sectors: defence and homeland security. During the forecast period, the defence sector is anticipated to account for the greatest share of the worldwide directed energy weapons market. The defence industry is forecast to have the highest share of the directed energy weapon market in 2022, and it is also expected to grow at the fastest rate. Major market players and armed forces from across the world have been investing in and implementing the next-generation DE weapons through their federal budget allocations for their various armed forces in response to the rising threats to national security.
Report Coverage
Global Directed Energy Weapons research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Directed Energy Weapons report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Directed Energy Weapons competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Directed Energy Weapons market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Directed Energy Weapons market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Directed Energy Weapons market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Lockheed Martin Corporation. (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation. (US), Boeing (US), BAE systems (UK), L3Harris Technologies, Inc. (US), MBDA (France), Moog Inc. (US), Applied Companies. (US), Textron Inc. (US), Rafael Advanced Defense Systems Ltd. (Israel), Rheinmetall AG (Germany), QinetiQ (UK), Thales Group (France), Skyworks Solutions, Inc. (US), Lumentum Operations LLC (US), Leonardo Electronics US Inc. (US), Kord Technologies (US), II-VI Incorporated (US), General Atomics (US), Elbit Systems Ltd. (Israel), and Dynetics,Inc. (US), Diehl Defense GmbH & Co. KG, Honeywell International Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Directed Energy Weapons market based on the below-mentioned segments:
Global Directed Energy Weapons Market, By Type
Lethal
Non-lethal
Global Directed Energy Weapons market, By Application
Defense
Homeland Security
Global Directed Energy Weapons Market, By End User
Airborne
Sea
Land
Space
Global Directed Energy Weapons market, Regional Analysis
Developed and developing countries alike have increased their defence budgets in response to rising international crises, hastening the purchase of new air, land, and sea platforms. Growth in the market is being fueled by investments from the defence industry in the integration of new weapon systems, such as directed energy weapons, into vehicles.
A weapon with a focused force can be used to deliver a predetermined amount of force to a specific location. The aimed-at-arms industry is well-known for producing highly potent beams. For either tracking or simple focus, they rely largely on a solitary optical system. Many people consider lasers to be the pinnacle of DEW technology. In addition, mirrors may easily direct these poles to kill off unseen foes at their origin. As a result of extensive study into DEW sources and concomitant developments in beam directing technology, fully functional DEW systems are currently being constructed and tested for imminent deployment. Advances in information technology, material technology, and space-based capabilities in the twenty-first century are laying the groundwork for meeting the rising need for DEW systems. The US Air Force's airborne laser (ABL) project is emblematic of how DEW technology is developing into a formidable weapon system with unprecedented military potential. The majority of the global market for directed energy weapons is concentrated in North America and Europe. Companies achieve market dominance by focusing on what they do well. Major players in this industry include The Boeing Company, L3Harris Technologies, Inc., Raytheon Technologies Corporation, Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), and BAE Systems plc (UK).
The global market for directed energy weapons is broken down into its component parts in this study, with revenue growth projections and market trend analyses provided for each. The research examines the major opportunities, threats, and development drivers in the market for directed energy weapons. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the directed energy weapons market is broken down and the report's top players are identified, profiled, and their core strengths analysed.
Influential Elements
As technology progressed, the demand for focused energy weapons grew rapidly. Improvements in laser technology, beam control, power generation, and cooling systems have increased the efficacy and destructive potential of directed energy weapons. As these technologies have progressed, aimed energy weapons have gotten more dependable and cost-effective. Many countries placed a premium on updating their military infrastructure. Lower logistical and maintenance costs, greater precision, and greater engagement ranges were only some of the ways in which directed energy weapons outperformed traditional kinetic weapons. As a result, militaries from throughout the world started showing serious interest in acquiring directed energy weapons.
Limiting Circumstances
Directed energy weapons, being cutting-edge modern technology, usually required steep upfront expenses associated with their creation. This meant that only countries with particularly robust defence budgets or a lot of military might could afford to implement them, limiting their availability to other countries.
During the projected period, the market for lethal directed energy weapons is anticipated to grow at the fastest rate.
The global market for directed energy weapons is segmented into two main types: those that cause death and those that don't. The market for lethal directed energy weapons is projected to grow at the fastest rate over the next few years. The category expansion has been driven by the rising interest in deadly and precise weapons. Increased need for precision technology in lethal weapons by militaries throughout the world is driving the directed energy weapons market to new heights. Automatic shotguns, e-bombs, guided projectiles, microwave cannons, navy laser cannons, plasma cannons (electrothermal accelerator), plasma grenades, and rail guns are all examples of lethal directed energy weapons.
During the forecast period, the high energy laser subsegment is anticipated to account for the highest proportion of the worldwide directed energy weapons market.
The global market for directed energy weapons is segmented by technology into high-powered lasers, microwaves, particle beams, and others. During the forecast period, the market for high-energy laser directed energy weapons is predicted to grow at the fastest rate. Market expansion is anticipated to be fueled by rising demand for high-energy laser systems and developments in laser technology throughout the forecast period. Since high-energy laser technology is increasingly being used in directed energy weapons, the segmented market is expected to expand at a quicker rate throughout the forecast period.
The global directed energy weapons market is projected to be led by the defence sector over the next few years.
The global market for directed energy weapons can be broken down into two distinct sectors: defence and homeland security. During the forecast period, the defence sector is anticipated to account for the greatest share of the worldwide directed energy weapons market. The defence industry is forecast to have the highest share of the directed energy weapon market in 2022, and it is also expected to grow at the fastest rate. Major market players and armed forces from across the world have been investing in and implementing the next-generation DE weapons through their federal budget allocations for their various armed forces in response to the rising threats to national security.
Report Coverage
Global Directed Energy Weapons research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Directed Energy Weapons report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Directed Energy Weapons competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Directed Energy Weapons market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Lockheed Martin Corporation. (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation. (US), Boeing (US), BAE systems (UK), L3Harris Technologies, Inc. (US), MBDA (France), Moog Inc. (US), Applied Companies. (US), Textron Inc. (US), Rafael Advanced Defense Systems Ltd. (Israel), Rheinmetall AG (Germany), QinetiQ (UK), Thales Group (France), Skyworks Solutions, Inc. (US), Lumentum Operations LLC (US), Leonardo Electronics US Inc. (US), Kord Technologies (US), II-VI Incorporated (US), General Atomics (US), Elbit Systems Ltd. (Israel), and Dynetics,Inc. (US), Diehl Defense GmbH & Co. KG, Honeywell International Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Directed Energy Weapons Market from 2021 to 2030.
- Market Forecast for Directed Energy Weapons Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Directed Energy Weapons competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Directed Energy Weapons
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Directed Energy Weapons market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Directed Energy Weapons market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Lockheed Martin Corporation. (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation. (US), Boeing (US), BAE systems (UK), L3Harris Technologies, Inc. (US), MBDA (France), Moog Inc. (US), Applied Companies. (US), Textron Inc. (US), Rafael Advanced Defense Systems Ltd. (Israel), Rheinmetall AG (Germany), QinetiQ (UK), Thales Group (France), Skyworks Solutions, Inc. (US), Lumentum Operations LLC (US), Leonardo Electronics US Inc. (US), Kord Technologies (US), II-VI Incorporated (US), General Atomics (US), Elbit Systems Ltd. (Israel), and Dynetics,Inc. (US), Diehl Defense GmbH & Co. KG, Honeywell International Inc.
Primary Target Market
- Market Players of Directed Energy Weapons
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Directed Energy Weapons market based on the below-mentioned segments:
Global Directed Energy Weapons Market, By Type
Lethal
Non-lethal
Global Directed Energy Weapons market, By Application
Defense
Homeland Security
Global Directed Energy Weapons Market, By End User
Airborne
Sea
Land
Space
Global Directed Energy Weapons market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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