Directed Energy Weapons Market Share, Industry Growth, Trend, Statistics, Drivers, Demand by 2027

The Global Directed Energy Weapons (DEW) Market is forecasted to be worth USD 93.20 billion by 2027, according to a current analysis by Emergen Research. The market is remarkably being driven by the factors such as increasing adoption of the directed energy weapons to destroy or damage the rockets, drones, mortar-launched explosives and any other aerial threats, higher investment in the military bodies & defense intelligence sectors, and technological development in the laser-based target focused weapons.

The latest report has been drafted, keeping in mind the current COVID-19 situation many vital aspects of the global Directed Energy Weapons market on both global and regional levels. The research focuses on the significant market changes that followed the COVID-19 outbreak. The report offers an accurate estimation of the market value, size, and revenue share in the post-COVID-19 scenario, alongside encapsulating the present and future effects of the pandemic. The report further details the key points of the Directed Energy Weapons market, including the latest market standards, regulations, and policy changes imposed by the government for the upcoming years.

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Further key findings from the report suggest

· In June 2020, Applied Technology Associates (ATA) revealed a contract for developing a target acquisition & tracking platform for the installation on a Stryker military ground vehicle being a part of U.S. Army initiative in order to increase the protection of the soldiers using laser weapon systems.

· The defense exhibits a higher count of usage and investment in the ongoing research & development of directed energy weapons (DEW). The growing interest in countering the weaponry actions & drones or UAV information carriers sent from the rivals are broadening the market outreach. The Defense sub-segment in the application segment had 78.6% market share in the year 2019.

· North America owing to its leading investment in the defense & homeland security budgets, especially in the United States, and higher development in the information technology & microelectronics industry, is expected to fuel regional market growth substantially.

· Key players in the market The Raytheon Company, The Boeing Company, BAE Systems, Northrop Grumman Corporation, Lockheed Martin, L-3 Communications Ltd, Moog Inc, Thales Group, Saab AB, and Israel Aerospace Industries, among others.

Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Directed Energy Weapons (DEW) Market on the basis of Type of Weapons Systems, Application, End-Users, Product, and Region:

· Type of Weapons Systems Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

o Laser

1. Fiber Laser

2. Free Electron Laser

3. Solid-state Laser

4. Chemical Laser

o High-Power Microwave (HPM)

o High-Power Sonic (HPS)

o Particle Beam

· Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

o Defense

o Homeland Security

· End-Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

o Marine-based

o Land Vehicles

o Airborne

o Gun Shot

· Product Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

o Lethal

o Non-lethal

· Power Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

o Up To 100 KW

o More Than 100KW

· Range Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

o Up To 100 meters

o More Than 100 Meters

Regional Bifurcation:

· North America

· Latin America

· Europe

· Asia Pacific

· Middle East & Africa

Focal Points of the Global Directed Energy Weapons Market Report:

· Market Coverage: This section of the report covers significant details on the key manufacturers, vital market segments, product innovation scope, and the forecast years. Additionally, it describes in detail the range of the product and the global Directed Energy Weaponsmarket segmentation based on product type and application spectrum.

· Executive Summary: In this chapter, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed at length.

· Regional Analysis: The report offers meaningful insights into the import and export trends, production and consumption capacities, estimated revenue share, and key players of each region dominating the market

· Competitive Landscape:The report also discusses the course of development of each market player in this industry vertical during the forecast period. It further details on the firms, industries, organizations, vendors, and local manufacturers engaged in this industry. The leading products and services to gain global and regional market shares form the competitive landscape of the Directed Energy Weapons industry.

· Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product profiles, production value and capacity, and other vital information.

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