Global Directed Energy Weapons Market Analysis 2021

Global Directed Energy Weapons Market Analysis 2021

The Global Directed Energy Weapons Market is expected to reach $13.51 billion by 2027 growing at a CAGR of 20.7% from 2020 to 2027. A weapon that emits focused energy and can transfer that energy to damage a target is termed a directed energy weapon (DEW). These weapons are designed in order to maximize the application of explosive force on the target while minimizing collateral damage and military personnel casualties and for striking pre-decided targets with pinpoint accuracy.

Factors such as the growing need for lasers especially in the navy, regulations and legal impacts of DEWs, rising modernization and investments in military platforms are driving the growth of the market. However, arms transfer policy and insufficient funding are restraining the growth of the market.

Based on the product, the lethal products segment is going to have a lucrative growth during the forecast period as these lethal products, mainly focused on military application, including rail guns, electromagnetic bombs (e-bombs), electrothermal accelerator, microwave guns, plasma grenades, navy laser cannon, gun-launched guided projectile, automatic shotguns, and several others. Huge investments are being made in the demonstration and testing of lethal directed energy weapons due to which it is expected an enormous growth in the segment is expected.

The key vendors mentioned are BAE Systems PLC, Boeing Company, Lockheed Martin Corporation, Moog, Inc., Quinetiq Group PLC., Rheinmetall AG, Leonardo SPA, Thales Group, Northrop Grumman Corporation, L3Harris Technologies, Textron Inc., Raytheon Company and Elbit Systems.

Technologies Covered:
• Particle Beam Weapons
• High Energy Laser
• Sonic Weapons
• High Power Radio Frequency (Microwave Weapons)
• Electromagnetic Weapons

Ranges Covered:
• Less than 1 KM
• More than 1 KM

Products Covered:
• Lethal Products
• Non-Lethal Products

Types Covered:
• Electrolaser
• Pulsed Energy Projectile

Applications Covered:
• Homeland Security
• Defense
• Military

Platforms Covered:
• Land-Vehicle
• Airborne
• Naval
• Space

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:
• How this market evolved since the year 2019
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period