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Military Laser Systems Market by Technology, Application, Product Type - Forecast and Analysis to 2020

Military Laser Systems Market: Forecast until 2020

  • January 2016
  • 151 pages
  • ID: 3572452
In this report:
Defense application is expected to grow at the highest CAGR of ##.##% from 2015 to 2020, as the Indian defense budget allocation has increased to ##% from previous years.
The fiber laser market is expected to account for a market share of ##.##% in the Japanese military laser systems market in 2015; whereas, the market for CO## is expected to account for a market share of ##.##% in 2015.

Summary

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The military laser systems market is forecasted to grow from ~$3.0B in 2015 to ~$4.6B by 2020, at a compound annual growth rate (CAGR) of ~8.9 percent between 2015 and 2022. The sector for military laser systems is influenced by factors, including highly precise weapons and growing use of high-speed lasers in communication networks.

The market size estimations for various parts and sub segments of this market were obtained through extensive secondary research and corroboration with primaries.

- By Company category - Tier 1 - 35 %, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

- By Description - C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

- By area - North america (NA) - 45.0 percent, Europe - 30.0 percent, Asia-Pacific - 20.0 percent, RoW - 5.0 percent

Defense application segment to witness high increase during the outlook period

The main applications considered for the market study are defense and homeland security. The defense application segment maintains the most important share of the total military laser systems market in 2015 due to the growth in applications and technological requirements in lethal weapons for military forces, globally.

North America (NA) controls the military laser systems market; this industry in the Middle East (ME) is expected to grow at the highest compound annual growth rate (CAGR) between 2015 and 2022

In 2015, North America continent is expected to account for the biggest share of the military laser systems market. Nevertheless, the Middle East area is forecast to witness the more important increase rate in the military laser systems market in the next years. This can be connected to the enhancement in the force protection against small boat swarms, unmanned aerial vehicles or rocket, artillery, and mortar or missile attack in this area.

The main players operating in this sector are Raytheon (NYSE:RTN), Coherent Inc., Newport Corporation, Lockheed Martin (LMT), and Thales (EPA:HO), among others.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized several levels of analysis - industry (sector trends, and Porter's Five Forces analysis), market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the military laser systems market; high-growth areas and territories and their specific regulatory policies; government actions; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information provided by the most important 10 market actors in the military laser systems market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the military laser systems market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for military laser systems across different regions

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the military laser systems market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the military laser systems market

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