Summary
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Directed Energy Weapons Market to Reach $111.4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Directed Energy Weapons estimated at US$21.4 Billion in the year 2022, is projected to reach a revised size of US$111.4 Billion by 2030, growing at a CAGR of 22.9% over the analysis period 2022-2030. High Energy Laser, one of the segments analyzed in the report, is projected to record a 24.6% CAGR and reach US$78.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the High-Power Microwave segment is readjusted to a revised 20% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.1 Billion, While China is Forecast to Grow at 26.2% CAGR
The Directed Energy Weapons market in the U.S. is estimated at US$8.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.5 Billion by the year 2030 trailing a CAGR of 26.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.3% and 20.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 22.1% CAGR.
Select Competitors (Total 45 Featured)
- BAE Systems plc
- Elbit Systems Ltd.
- Honeywell International Inc.
- Lockheed Martin Corporation
- MBDA Missile Systems
- Northrop Grumman Corporation
- Rafael Advanced Defense Systems Ltd.
- Raytheon Technologies Corporation
- Rheinmetall AG
- Thales Group
- The Boeing Company
Table of contents
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Directed Energy Weapons - Global Key Competitors Percentage
Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Impact of COVID-19 and a Looming Global Recession
COVID-19 Leaves the World in Shambles & Industries and Markets
Upended: World Economic Growth Projections (Real GDP, Annual %
Change) for 2019E to 2022F
Disruptions in Military Training Inflicts Direct Blow on
Directed Energy Weapons Market
Infection Spread Disrupts Military Personnel Training & Troop
Deployment: Cumulative Number of COVID-19 Cases Across the
Defense Department in the U.S. in May, June, September &
November 2020
Rising Fiscal Deficits Puts Defense Spending on the Chopping
Block, Affecting DEW Market
Dual Public Health & Economic Crisis to Send Defense Spending
Plummeting After Recording a 10-Year High in 2019: Global
Defense Spending (In US$ Billion) for Years 2016, 2017, 2018,
2019, 2020 & 2023
Directed Energy Weapon (DEW): A Type of Smart Weapon
An Overview of Directed Energy Weapon (DEW)
High Energy Laser (HEL)
High-Power Microwave (HPM)
Particle Beam Weapons
Global Market Prospects & Outlook
Directed Energy Weapons to Witness Growth in Demand
World Directed Energy Weapons Market by Application (2020 &
2027): Percentage Breakdown of Sales for Defense, and Homeland
Security
Analysis by Technology: High Energy Laser Leads Adoption
World Directed Energy Weapons Market by Technology (2020 &
2027): Percentage Breakdown of Sales for High Energy Laser,
High-Power Microwave, and Particle Beam
Regional Analysis
World Directed Energy Weapons Market by Region (2020 & 2027):
Percentage Breakdown of Sales for Developed and Developing
Regions
Global Directed Energy Weapons Market: Geographic Regions
Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific,
USA, Rest of World, Europe, Canada, and Japan
Competitive Scenario
Recent Market Activity
Select Innovations & Advancements
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Evolving Role of Electronic Warfare to Trigger Broad-based
Opportunities for Directed Energy Weapons
DEW Market to Gain from Sustained Emphasis on R&D
DEWs Seek Role in Counter-Drone Equipment
Increasing Use of Drones in the Battlefield Pushes Up the Need
for Counter-Drone Systems: Global Market for Military Drones
(In US$ Billion) for the Years 2018, 2020, 2022 and 2024
Anti-Ballistic Missile Systems: Niche Vertical for DEWs
Escalating Global Arms Race Provides the Perfect Platform for
Future Progress of DEW Market
Ever-Hostile Geopolitical Scenario & Relentless Quest for
Military Supremacy Pave the Way for Rise of DEWs
Military Expenditure as a % of GDP in Select Countries
Sustained Efforts to Strengthen Anti-Terrorism & Counter-
Insurgency Departments to Drive Future Adoption of DEWs
Continued Threat of Terrorism Drives the Focus on Surveillance
as Counterterrorism Response: Global Number of Fatalities
(in ?000) Due to Terrorist Attacks: 2012-2017
New Generation Radar Systems Empower DEWs with Robust Capabilities
Growing Importance of Smart Weapons Enthuses DEWs Market
Directed Energy HPM Weapons Seek Bigger Role
Sonic & Ultrasonic Weapons: Using Sound Waves to Incapacitate
Enemy
Electromagnetic Weapons Aid in Disabling Enemy with Minimal
Collateral Damage
Despite the Intriguing Potential, Particle Beam Weapons Remain
a Distant Dream
Quest to Modernize Defense Forces Set to Drive Broader Adoption
of Laser Weapon Systems
US Navy Gears Up to Develop & Deploy Laser Weapons
Plasma Weapons Display Exciting Evolutionary Journey to Offer
Powerful Options
Resolving Technical Limitations: Vital for Future Growth of
DEWs Market
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for High
Energy Laser by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 2: World 8-Year Perspective for High Energy Laser by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 3: World Recent Past, Current & Future Analysis for
High-Power Microwave by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 4: World 8-Year Perspective for High-Power Microwave by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 5: World Recent Past, Current & Future Analysis for
Particle Beam by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 6: World 8-Year Perspective for Particle Beam by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for
Defense by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 8: World 8-Year Perspective for Defense by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030
Table 9: World Recent Past, Current & Future Analysis for
Homeland Security by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 10: World 8-Year Perspective for Homeland Security by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 11: World Directed Energy Weapons Market Analysis of
Annual Sales in US$ Million for Years 2020 through 2030
Table 12: World Recent Past, Current & Future Analysis for
Directed Energy Weapons by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 13: World 8-Year Perspective for Directed Energy Weapons
by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in the United States for 2023 (E)
Table 14: USA Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 15: USA 8-Year Perspective for Directed Energy Weapons by
Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 16: USA Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 17: USA 8-Year Perspective for Directed Energy Weapons by
Application - Percentage Breakdown of Value Sales for Defense
and Homeland Security for the Years 2023 & 2030
CANADA
Table 18: Canada Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 19: Canada 8-Year Perspective for Directed Energy Weapons
by Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 20: Canada Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 21: Canada 8-Year Perspective for Directed Energy Weapons
by Application - Percentage Breakdown of Value Sales for
Defense and Homeland Security for the Years 2023 & 2030
JAPAN
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Japan for 2023 (E)
Table 22: Japan Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 23: Japan 8-Year Perspective for Directed Energy Weapons
by Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 24: Japan Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 25: Japan 8-Year Perspective for Directed Energy Weapons
by Application - Percentage Breakdown of Value Sales for
Defense and Homeland Security for the Years 2023 & 2030
CHINA
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in China for 2023 (E)
Table 26: China Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 27: China 8-Year Perspective for Directed Energy Weapons
by Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 28: China Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 29: China 8-Year Perspective for Directed Energy Weapons
by Application - Percentage Breakdown of Value Sales for
Defense and Homeland Security for the Years 2023 & 2030
EUROPE
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Europe for 2023 (E)
Table 30: Europe Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 31: Europe 8-Year Perspective for Directed Energy Weapons
by Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 32: Europe Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 33: Europe 8-Year Perspective for Directed Energy Weapons
by Application - Percentage Breakdown of Value Sales for
Defense and Homeland Security for the Years 2023 & 2030
Table 34: Europe Recent Past, Current & Future Analysis for
Directed Energy Weapons by Geographic Region - France, Germany,
Italy, UK and Rest of Europe Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2022 through 2030 and %
CAGR
Table 35: Europe 8-Year Perspective for Directed Energy Weapons
by Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2023 & 2030
FRANCE
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in France for 2023 (E)
Table 36: France Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 37: France 8-Year Perspective for Directed Energy Weapons
by Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 38: France Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 39: France 8-Year Perspective for Directed Energy Weapons
by Application - Percentage Breakdown of Value Sales for
Defense and Homeland Security for the Years 2023 & 2030
GERMANY
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Germany for 2023 (E)
Table 40: Germany Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 41: Germany 8-Year Perspective for Directed Energy
Weapons by Technology - Percentage Breakdown of Value Sales for
High Energy Laser, High-Power Microwave and Particle Beam for
the Years 2023 & 2030
Table 42: Germany Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 43: Germany 8-Year Perspective for Directed Energy
Weapons by Application - Percentage Breakdown of Value Sales
for Defense and Homeland Security for the Years 2023 & 2030
ITALY
Table 44: Italy Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 45: Italy 8-Year Perspective for Directed Energy Weapons
by Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 46: Italy Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 47: Italy 8-Year Perspective for Directed Energy Weapons
by Application - Percentage Breakdown of Value Sales for
Defense and Homeland Security for the Years 2023 & 2030
UNITED KINGDOM
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in the United Kingdom for 2023 (E)
Table 48: UK Recent Past, Current & Future Analysis for
Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 49: UK 8-Year Perspective for Directed Energy Weapons by
Technology - Percentage Breakdown of Value Sales for High
Energy Laser, High-Power Microwave and Particle Beam for the
Years 2023 & 2030
Table 50: UK Recent Past, Current & Future Analysis for
Directed Energy Weapons by Application - Defense and Homeland
Security - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 51: UK 8-Year Perspective for Directed Energy Weapons by
Application - Percentage Breakdown of Value Sales for Defense
and Homeland Security for the Years 2023 & 2030
REST OF EUROPE
Table 52: Rest of Europe Recent Past, Current & Future Analysis
for Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 53: Rest of Europe 8-Year Perspective for Directed Energy
Weapons by Technology - Percentage Breakdown of Value Sales for
High Energy Laser, High-Power Microwave and Particle Beam for
the Years 2023 & 2030
Table 54: Rest of Europe Recent Past, Current & Future Analysis
for Directed Energy Weapons by Application - Defense and
Homeland Security - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 55: Rest of Europe 8-Year Perspective for Directed Energy
Weapons by Application - Percentage Breakdown of Value Sales
for Defense and Homeland Security for the Years 2023 & 2030
ASIA-PACIFIC
Directed Energy Weapons Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Table 56: Asia-Pacific Recent Past, Current & Future Analysis
for Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 57: Asia-Pacific 8-Year Perspective for Directed Energy
Weapons by Technology - Percentage Breakdown of Value Sales for
High Energy Laser, High-Power Microwave and Particle Beam for
the Years 2023 & 2030
Table 58: Asia-Pacific Recent Past, Current & Future Analysis
for Directed Energy Weapons by Application - Defense and
Homeland Security - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 59: Asia-Pacific 8-Year Perspective for Directed Energy
Weapons by Application - Percentage Breakdown of Value Sales
for Defense and Homeland Security for the Years 2023 & 2030
REST OF WORLD
Table 60: Rest of World Recent Past, Current & Future Analysis
for Directed Energy Weapons by Technology - High Energy Laser,
High-Power Microwave and Particle Beam - Independent Analysis
of Annual Sales in US$ Million for the Years 2022 through 2030
and % CAGR
Table 61: Rest of World 8-Year Perspective for Directed Energy
Weapons by Technology - Percentage Breakdown of Value Sales for
High Energy Laser, High-Power Microwave and Particle Beam for
the Years 2023 & 2030
Table 62: Rest of World Recent Past, Current & Future Analysis
for Directed Energy Weapons by Application - Defense and
Homeland Security - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 63: Rest of World 8-Year Perspective for Directed Energy
Weapons by Application - Percentage Breakdown of Value Sales
for Defense and Homeland Security for the Years 2023 & 2030
IV. COMPETITION
Methodology
Our market research methodology is designed to provide the clients with comprehensive and accurate information
on various
industries and markets. It includes data collection, primary interviews, macro-economic factor analysis,
country-level data
analysis etc.
The data is gathered from a wide range of sources, including industry reports, government statistics, and
company financials.
This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary
interviews are conducted
with industry experts and key stakeholders to gather their insights and perspectives on the market. This
information is then
combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis
is also carried
out to understand the impact of external factors on the market. Finally, country-level data analysis is
performed to
understand the market dynamics in specific regions and countries.
Reportlinker's market research methodology is designed to provide clients with a clear understanding of the
market, its trends,
and its future potential.
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