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Directed Energy Weapons Market by Technology, HEL System, Product, End User, Application, and Region - Global Forecast to 2021

Directed Energy Weapons Market: Global Forecast until 2021

  • October 2016
  • 218 pages
  • ID: 4284034
In this report:
The lethal weapons market is expected to account for a share of ##.##%, while the market for non-lethal weapons is expected to capture a share of ##.##% by 2021.
The economy in South Korea has grown at an average of ##.##% over the past ## years and is forecast to grow at an average of ##.##% by 2018, according to the International Monetary Fund (IMF).

Summary

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Increasing need for precision weapons and growing demand of laser weapons in naval forces are the main factors projected to drive the increase of the directed energy weapons market in near future."

The directed energy weapons market is forecasted to grow from ~$6.9B in 2016 to ~$24.5B by 2021, at a compound annual growth rate of ~28.9 percent from 2016 to 2021. The market increase is anticipated to be driven by various factors, including rising demand of laser weapons in naval forces, change in nature of warfare from conventional to urban warfare, and growing demand for non-lethal deterrents, among others. Nevertheless, high cost of development of directed energy weapons and susceptibility to degradation by environment may restrain the increase of the market in the next years.

"Lethal segment to witness higher rise during the estimate period"

The main products considered in the directed energy weapons market are lethal and non-lethal weapons. The lethal segment is anticipated to witness higher increase, owing to increased investments for the development of lethal weapons to improve the efficiency and effectiveness of military operations, globally.

"North America (NA) controls; Asia-Pacific to witness more significant rise in the directed energy weapons market"

North America continent controled the directed energy weapons market in 2015. The U.S.A is the most important developer and exporter of directed energy weapons, globally, which has resulted in North America (NA) providing the biggest share to the directed energy weapons market.

The sector in APAC is forecasted to witness more important increase during the outlook period. This quick increase of the directed energy weapons market in the area can be accredited to the fact that different countries in Asia-Pac, including China, India (IN), Japan (JP), and South Korea (KR) have initiated programs for the development of directed energy weapons. With the fast advancements and adoption of technologies in the territory, the directed energy weapons market in the Asia-Pac is forecasted to grow significantly during the forecast period (2016 to 2021).

"Distribution of profile of primary members taking part for the directed energy weapons market"

- By Company category - Tier 1 - 45 %, Tier 2 - 35.0 percent and Tier 3 - 20.0 percent

- By Designation - C Level -50.0 percent, Director Level - 35.0 percent, Others - 15.0 percent

- By area - North america (NA) - 44.0 percent, Europe - 35.0 percent, APAC - 15.0 percent, RoW - 6.0 percent

The firms decribed in the analysis contain Lockheed Martin Corporation (NYSE:LMT), The Raytheon Company, Northrop Grumman (NYSE:NOC), Boeing Company, and BAE systems, among others.

Segment Research

The directed energy weapons market has been divided on the basis of product, application, HEL systems (solid-state laser, chemical laser, free electron laser, fiber laser), end-user (airborne, land vehicles, gun shot, ship-based) and area (North America continent, Europe (EU), Asia Pacific (APAC), Middle East (ME), Latin America area, African continent).

Why Purchasing This Study Can Help You:

From an insight prospect, this market research has emphasized several levels of analysis, including industry review (sector trends and technology trends), market share research of top players, supply chain research, and company descriptions, which analyzes the competitive landscape of the players operational in the market; coming out and high-growth segments of the directed energy weapons 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 on directed energy weapons provided by the most important 10 market actors in the directed energy weapons market

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

- Industry development: Highlighted information about profitable emerging sectors - the report analyses the sectors for directed energy weapons across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the directed energy weapons market

Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the directed energy weapons market

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