The latest report on the global Directed Energy Weapons Market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Directed Energy Weapons Market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Directed Energy Weapons Market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2021-2028.
The Global Directed Energy Weapons (DEW) Market is forecasted to be worth USD 93.20 billion by 2027, according to a current analysis by Emergen Research. The market is remarkably being driven by the factors such as increasing adoption of the directed energy weapons to destroy or damage the rockets, drones, mortar-launched explosives and any other aerial threats, higher investment in the military bodies & defense intelligence sectors, and technological development in the laser-based target focused weapons.
Additionally, growing incidences in the cross-border conflicts, asymmetry in the warfare, higher inclination for the forthcoming combat preparation, and broadening the number of the existing weaponry technology & updating them into the futuristic ones are some of the subordinate reasons behind the tremendous growth of the market. The laser-based DEW anti-drone system or drone destroyers are expected to create a huge enforcement into the market as more and more countries are deliberately developing & investing in the high-power laser-directed energy system to use against drones or UAVs.
Additionally, growing incidences in the cross-border conflicts, asymmetry in the warfare, higher inclination for the forthcoming combat preparation, and broadening the number of the existing weaponry technology & updating them into the futuristic ones are some of the subordinate reasons behind the tremendous growth of the market. The laser-based DEW anti-drone system or drone destroyers are expected to create a huge enforcement into the market as more and more countries are deliberately developing & investing in the high-power laser-directed energy system to use against drones or UAVs.
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Prominent Players Analyzed in the Report: –
- The Raytheon Company
- The Boeing Company
- BAE Systems
- Northrop Grumman Corporation
- Lockheed Martin
- L-3 Communications Ltd
- Moog Inc
- Thales Group
- Saab AB
- Israel Aerospace Industries
- others
The global market landscape of Directed Energy Weapons (DEW) is expected to remain in a very competitive and highly consolidated landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.
Further key findings from the report suggest
In June 2020, Applied Technology Associates (ATA) revealed a contract for developing a target acquisition & tracking platform for the installation on a Stryker military ground vehicle being a part of U.S. Army initiative in order to increase the protection of the soldiers using laser weapon systems.
The defense exhibits a higher count of usage and investment in the ongoing research & development of directed energy weapons (DEW). The growing interest in countering the weaponry actions & drones or UAV information carriers sent from the rivals are broadening the market outreach. The Defense sub-segment in the application segment had 78.6% market share in the year 2019.
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North America owing to its leading investment in the defense & homeland security budgets, especially in the United States, and higher development in the information technology & microelectronics industry, is expected to fuel regional market growth substantially.
For the purpose of this report, Emergen Research has segmented into the global Directed Energy Weapons (DEW) Market on the basis of Type of Weapons Systems, Application, End-Users, Product, and Region:
Type of Weapons Systems Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Laser
- Fiber Laser
- Free Electron Laser
- Solid-state Laser
- Chemical Laser
- High-Power Microwave (HPM)
- High-Power Sonic (HPS)
- Particle Beam
Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Defense
- Homeland Security
End-Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Marine-based
- Land Vehicles
- Airborne
- Gun Shot
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Product Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Lethal
- Non-lethal
Power Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Up To 100 KW
- More Than 100KW
Range Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Up To 100 meters
- More Than 100 Meters
Regional Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Russia
- UK
- Germany
- France
- BENELUX
- Asia Pacific
- China
- Japan
- India
- South Korea
- North Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- MEA
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
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Overview of the Directed Energy Weapons Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
- In-depth analysis of the risks, restraints, and limitations in the Directed Energy Weapons industry
Thank you for reading our report. Please connect with us to know more about the report or the customization of the report. Our team will ensure the report is best suited to meet your requirements.
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