Home Press Releases Directed Energy Weapons Market worth $12.9 Billion by 2027

Directed Energy Weapons Market worth $12.9 Billion by 2027

by Press Room

(EMAILWIRE.COM, March 09, 2023 ) The report on the directed energy weapon market provides an analysis of the market from 2019 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market. The directed energy weapon market is projected to grow from USD 5.3 Billion in 2022 to USD 12.9 Billion by 2027, at a CAGR of 19.6% from 2022 to 2027.
Modern innovations and technological advancements in directed energy weapons are changing the nature of warfare. Directed energy weapons emit focused energy on a target at the speed of light to damage or destroy it.

Security forces use DEWs to carry out various operations and help them to hit targets with precision. Most countries, such as China, Russia, India, France, and many others, have funded huge amounts for research and development of directed energy weapons, such as active denial systems and particle beams, among others. Factors such as high development costs, technological snags, and susceptibility to degradation by external environments, including climatic conditions, restrain the growth of this market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19132295

US, Israel, China, Japan, Turkey, India, and others are focusing on to development and production of directed energy weapons. Scientific advances in high-energy liquid lasers, fiber lasers, and solid-state lasers have enabled the production of lethal lasers and high-powered microwaves. High-power microwave lasers that work on high-frequency radio wave principles have the potential to suppress enemy tactical aircraft, unmanned aerial vehicles, and any defense attack. These lasers can provide a power of 100 MW to 100 GW and operate between frequencies of 1 GHz and 300 GHz. Such power destroys the targets and damages electronic equipment in the immediate vicinity.

Based on technology, the directed energy weapon market has been segmented into high energy laser (HEL), high-power microwave (HPM), electromagnetic weapons, and sonic weapons. The high-energy laser segment registered largest share in 2021. This segment is projected to grow at a significant growth rate during the forecast period. This growth can be attributed to the easy installation and low power consumption of high-energy laser weapons.

Based on application, the directed energy weapon market has been segmented into homeland security and military. One of the main features of directed energy weapon technology is the ability to customize the weapon by adjusting the amount of energy deposited upon targets. The directed energy weapons find extensive applications in homeland security as well as military markets. Amongst these two applications, the military is the major field where directed energy weapons are more functional.

By platform the market is bifurcated into land, airborne, naval, and space. The naval segment is projected to account for largest share in 2021. This growth of naval segment can be attributed to the easy installation and low power consumption of high-energy laser weapons. Compared to conventional ordnance, they have next to zero time of flight, which allows for a longer decision time and a quicker reaction time.

News Also Covered:


Related Reports:

Smart Weapons Market by Product (Missiles, Munitions, Guided Projectile, Guided Rocket, Guided Firearms), platform (Air, Land, Naval), Technology (Laser, Infrared, Radar, GPS, Others) & Region – Global Forecast to 2021

Riot Control System Market by End User (Law Enforcement, Military), Product (Offensive Weapons, Defensive Weapons), Technology (Electromagnetic & Sonic Weapons, Kinetic Impact Weapons, Chemical Agents & Others) & Region – Global Forecast to 2021

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Source link

You may also like

About Us

Arab Africana™ publishes and aggregates business, socio-economic, Tech and industrial news on Arab countries in Africa.


We provide press release distribution to media in Africa including Arab countries, the Arab world and the GCC/MENA regions. To submit a press release for distribution, contact us today.

Trending Now


    ArabAfricana logo-white

    Arab Africana is part of GroupWeb Media Network. ©  2024 GroupWeb Media LLC