The Directed Energy Weapons Market is valued at USD 4.3 billion in 2021 and is projected to reach USD 10.1 billion by 2027 at a CAGR of 18%.
Directed Energy Weapons (DEWs) are a type of smart weapon or Precision-Guided Munitions (PGM) designed to strike a predetermined target with precise accuracy to maximize the application of explosive force to the target while minimizing collateral damage and military force. human damage. The rise in extremist attacks and multiple territorial disputes around the world is one of the main reasons for the growing demand for non-lethal weapons. Laser weapon systems with enhanced offensive capabilities are increasingly in demand. The increasing demand for accurate and non-lethal weapons is driving the global market for directed energy weapons. Smart weapons have become an integral part of most armies because of their superior defensive and offensive capabilities. The Navy, in particular, is in increasing demand for these directional energy weapons.
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Market Segments
By Application
- Homeland Security
- Defense
By Technology
- High Energy Laser
- High Power Microwave
- Particle Beam
By High Energy Laser System
- Chemical Laser
- Fiber Laser
- Free Electron Laser
- Solid-State Laser
Key Players
Lockheed Martin Corporation (US), Raytheon technologies (US), Northrop Grumman Corporation (US), The Boeing Company (US), Thales Group (France), Leonardo SPA (Italy), BAE Systems (UK), Elbit Systems (Israel) and L3Harris Technologies (US).
Scope of the Report
The research study analyzes the global Directed Energy Weapons industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Directed Energy Weapons Market Report
1. What was the Directed Energy Weapons Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Directed Energy Weapons Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Directed Energy Weapons Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Directed Energy Weapons market.
- The market share of the global Directed Energy Weapons market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Directed Energy Weapons market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Directed Energy Weapons market.
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