Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 6.39 Billion | USD 31.75 Billion | CAGR at 19.50% | 2023 |
According to the report published by Zion Market Research, the global Directed Energy Weapons (DEW) Market size was valued at USD 6.39 Billion in 2023 and is predicted to reach USD 31.75 Billion by the end of 2032. The market is expected to grow with a CAGR of 19.50% during the forecast period. The report analyzes the global Directed Energy Weapons (DEW) Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Directed Energy Weapons (DEW) Market industry.
A directed-energy weapon (DEW) releases highly focused power, transferring that power to a target to break it. Prospective applications of this expertise include anti-personnel bludgeon systems, missile protection system, and the disabling of durable vehicles. DARPA, the Air Force Research Laboratory, the Pentagon, and the Naval Research Laboratory are examining technologies like railguns and directed-energy weapon to counter growing threats caused by speedy missiles such as hypersonic cruise missiles, ballistic missiles, and hypersonic glide vehicles.
Directed energy weapons could have numerous important advantages over conformist armaments direct energy weapons can be utilized unobtrusively as energy above and below the noticeable spectrum is imperceptible and does not produce sound. Light is very slightly changed by gravity, giving it an approximately flat path. It is also nearly resistant (in anything similar to normal environmental conditions) together Coriolis force and windage. This makes plan much more specific and expands the range to line-of-sight, incomplete only by ray diffraction and spread by overriding distinctive contents.
In recent years, the series of advanced odious and self-protective abilities offered by smart arms has made them an essential part of any military force. This has formed an increased popularity for directed energy arms from different regions such as the Middle East, Asia Pacific and North America. This, as a result, has augmented R&D spending for the expansion of directed energy arms. The directed energy weapons market is an extremely active and has high expansion potential for numerous reasons such as the varying geopolitical dynamics of the financial system as well as the growing incidences of weapons conflicts, violent behavior, and terrorism.
The directed energy weapons market has been divided on the basis of high energy laser system and product.
Based on product, the global market has been divided into lethal and non-lethal.
On the basis of high energy laser systems, the directed energy weapons market has been divided into the chemical laser, solid state laser, fiber laser free and electron laser.
Report Attributes | Report Details |
---|---|
Report Name | Directed Energy Weapons (DEW) Market Research Report |
Market Size in 2023 | USD 6.39 Billion |
Market Forecast in 2032 | USD 31.75 Billion |
Growth Rate | CAGR of 19.50% |
Number of Pages | 196 |
Key Companies Covered | BAE Systems PLC, Boeing Company, L-3 Communications Holdings, Inc., Lockheed Martin Corporation, Moog Inc., Northrop Grumman Corporation, Quinetiq Group PLC., Raytheon Company, Rheinmetall AG, and Textron Inc. |
Segments Covered | By High energy laser system, By Product and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is projected to be the fastest increasing market for directed energy weapons in the coming years, since several Asia Pacific countries such as Australia, India, South Korea and China, have made momentous funds for research and development of directed energy weapons such as laser dazzlers and active denial systems.
Some major players in the directed energy weapons market are:
By High energy laser system
By Product
Global Directed Energy Weapons (DEW) Market: Regional Segment Analysis
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