A recent report
published by Infinium Global Research on directed energy weapons market
provides in depth analysis of segments and sub-segments in global as well as
regional markets of directed energy weapons market. The study also highlights
the impact of drivers, restraints and macro indicators on the global and
regional markets of directed energy weapons over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global directed energy weapons market. According to report the global
directed energy weapons market is projected to grow at a CAGR of 28.7% over the
forecast period of 2018 - 2024.
Directed energy weapons are designed to shoot down aircraft
and missiles. It includes lasers, microwave, and particle beams. Directed
weapons offer a wide range of advantages over conventional kinetic energy that
includes accessible effects and low cost per shot. There are some disadvantages
such as it offers limited range of accessibility while using the non-line of
sight targets. Additionally, the power output required for weapons grade laser
ranges from 10 kilowatts to 1 megawatts. Moreover, lasers are well suited for
use against the moving targets such as rocket, missiles, and artillery projectiles.
Laser beams also loose energy in the cases such as heavy rainfall, scattering
of dust and smoke. Hence, to overcome the conditions DEW’S are used. DEW’s are
the weapons that produce the beam of concentrated electromagnetic energy.
The use of directed energy weapons in the chemical,
biological, radiological, and nuclear materials are the key factors driving the
growth of the market. Additionally, growing demand for the use of naval weapons
in naval forces are the factors propelling the growth of the market. However,
insufficient funding, stringent industrial policies, and lack of testing
facilities are the factors restraining the growth of the market. On the other hand,
arms transfer policy may hinder the market growth. Due to the amount of combustion
and structural damage, high-energy weapons are further gaining demand because
of this, high-energy laser weapons will rise military forces over the coming
years. Moreover, rise in defense spending by many countries as well as
technological advancements are anticipated to offer greater opportunities for
key market players.
India’s primary defence research organization named defense
research and development organization (DRDO) has conducted a recent test of
laser system mounted on trucks to create more powerful laser beam with a longer
range. Additionally, the kalyani group is also looking to develop directed
weapons in the country. The leading vendors in the market include BAE, Boeing,
Lockheed Martin, Northrop Grumman, and Raytheon. Among geographies, North
America dominated the global directed energy weapons market. Improved border
security, administering, and enforcing immigration laws were the administrations
allocated to the department of homeland security by Obama in the year 2016 this
results in the growth factor of the energy weapons in Americas.
The report on
global directed energy weapons market covers segments such as technology, high
energy laser systems, product, and application. The technology segments include
high power microwave technology, high energy laser technology, and particle
beam weapons. On the basis of high energy laser systems the global directed
energy weapons market is categorized into solid-state laser, chemical laser,
fibber laser, and free electron laser. Furthermore, on the basis of product the
directed energy weapons market is segmented as non-lethal weapons, and lethal
weapons. On the basis of application the directed energy weapons market is
segmented as defence, and homeland security.
provides regional analysis covering geographies such as North America, Europe,
Asia-Pacific, and Rest of the World. In this section the key trends and market
size for each geography is provided over the period of 2016 – 2024. The
countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia
and among others. Moreover, European region covers countries such as Germany,
UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North
America region as it is the largest market in the region. The Asia-pacific
region offers a substantial potential for the market growth owing to rapid
growth in markets such as India and China. The APAC region is projected to
experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
provides profiles of the companies in the global directed energy weapons market
such as, Northrop Grumman Corporation, Raytheon Company, Lockheed Martin
Corporation, Textron Inc., BAE Systems PLC., Boeing Company, Moog Inc., L-3 Communications
Holdings, Inc., Rheinmetall AG, and Quinetiq Group PLC..
provides deep insights on demand forecasts, market trends and micro and macro
indicators. In addition, this report provides insights on the factors that are
driving and restraining the global directed energy weapons market. Moreover,
IGR-Growth Matrix analysis given in the report brings an insight on the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter’s five
forces analysis and DRO analysis of directed energy weapons market.
study highlights current market trends and provides forecast from 2018 to 2024.
We also have highlighted future trends in the directed energy weapons market that
will impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight on the market share of
the leading players. Additionally, the analysis highlights rise and fall in the
market shares of the key players in the market. This report will help
manufacturers, suppliers and distributors of the directed energy weapons market
to understand the present and future trends in this market and formulate their