Shibuya-ku, Tokyo, Japan, Japan, May 31, 2021, 10:23 /Comserve / -- Textron Inc, Rheinmetall AG, L-3 Communications Holdings, Inc, Moog Inc, Quinetiq Group PLC, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company
The Global Directed Energy Weapons (DEW) Market is expected to grow by 2025 at a CAGR of 31.50%.
The global directed energy weapons market is anticipated to raise on account of growing lethal and precise weapons demand over the estimate period. Huge investment for weapon development coupled with its demonstration is anticipated to augment global market over the estimate period. Directed energy weapons are capable of selecting targets which are discrete. They operate at speed of light and can cause disruptive effects to personnel, facilities and equipment. Such weapon also emits a beam which comprises of acoustic energy, atomic particles and electromagnetic energy. Changing warfare nature in the global environment is anticipated to drive global market over the estimate period. In adding, directed energy weapons have the ability to damage the target with minimum indemnity damage. This factor is predictable to accelerate global demand over the estimate period. Additional, beam produced by them are not inclined by environment and gravity factor. Therefore, they have high wining probability attached with minimum risks. Other features such as efficiency against fast moving objects, multiple target area coverage, unlimited magazine, long range and precise targeting are expected to positively impact the global market over the forecast period. Increasing protests, turmoil, political disputes and conflicts are expected to positively impact global demand in the coming years. Defense is projected to be a major directed energy weapons consumer. A directed-energy weapon is the future weapon system that emits highly absorbed energy for target destruction. The potential applications of this advanced technology include anti-personnel weapon systems, missile defence system, and the disabling of lightly armoured vehicles. The use of DEW systems is much more cost effective than the massive cost associated with a single missile launch. With fast-track innovations in the military technology, such weapons are tools for future warfare.
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The global Directed Energy Weapons (DEW) market is segregated on the basis of Application as Defense and Homeland Security. Based on Product the global Directed Energy Weapons (DEW) market is segmented in Non-Lethal Weapons and Lethal Weapons. Based on End User the global Directed Energy Weapons (DEW) market is segmented in Land Vehicles, Gun-Shot, Airborne, and Ship-Based Directed Energy Weapons.
Based on High Energy Laser Systems, the global Directed Energy Weapons (DEW) market is segmented in Free Electron Laser, Chemical Laser, Fiber Laser, and Solid-State Laser. The report also bifurcates the global Directed Energy Weapons (DEW) market based on Technology in High Power Microwave Technology, Particle Beam Weapons, and High Energy Laser Technology.
The global Directed Energy Weapons (DEW) market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Directed Energy Weapons (DEW) market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Textron Inc, Rheinmetall AG, L-3 Communications Holdings, Inc, Moog Inc, Quinetiq Group PLC, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Boeing Company, BAE Systems PLC, and others are among the major players in the global Directed Energy Weapons (DEW) market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The report covers:
Global Directed Energy Weapons (DEW) market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Directed Energy Weapons (DEW) market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Directed Energy Weapons (DEW) market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Report Scope:
The global Directed Energy Weapons (DEW) market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Directed Energy Weapons (DEW) market share. Major industry players with significant revenue share include Textron Inc, Rheinmetall AG, L-3 Communications Holdings, Inc, Moog Inc, Quinetiq Group PLC, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Boeing Company, BAE Systems PLC, and others.
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