Home Radio waves Directed Energy Weapons Market Report 2022, Size, Share, Top Companies, Growth and Industry Trends

Directed Energy Weapons Market Report 2022, Size, Share, Top Companies, Growth and Industry Trends

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According to the latest report from the IMARC group, entitled Directed Energy Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market for directed energy weapons reached a value of US$5.2 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$15.5 billion by 2027, exhibiting at a CAGR of 19.63% during the period 2022-2027. Directed energy is a type of technology that produces a focused beam of electromagnetic energy, which includes radio waves, microwaves, and lasers. The technology is widely used in weapons to disable, destroy or damage adversary facilities, equipment and personnel. Common product variants include high power radio frequency or microwave devices, high energy laser weapons, and charged or neutral particle beam weapons. The weapons offer high-velocity transmission of lethal force, stealth-like performance with silent, invisible beams, and minimal atmospheric or gravity drag effects. As a result, they are widely installed in military vessels, aircraft, ground vehicles, and unmanned vehicles (UMVs).

We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Market Trends and Drivers:

The directed energy weapons market is mainly driven by rising investments in the defense and military sectors for upgrading existing infrastructure. Rising instances of geographical conflicts have facilitated the demand for advanced military devices such as directed energy weapons which further drive the growth of the market. The introduction of high-energy laser (HEL) power to intercept cruise missiles and the emergence of various UAVs and military drones are other factors creating a positive outlook for the market.

Competitive Analysis and Segmentation of the Directed Energy Weapons Market 2022-2027:

Competitive landscape with key players:

The competitive landscape of the global Directed Energy Weapons Market has been studied in the report along with the detailed profiles of the major players operating in the market.

Some of these key players include:

  • Applied companies
  • BAE Systems Plc
  • L3harris Technologies Inc.
  • Lockheed Martin Company
  • Moog Inc.
  • Northrop Grumman Company
  • Qinetiq Group PLC
  • Raytheon Technologies Corporation
  • Rheinmetall Aktiengesellschaft
  • textron inc.
  • The Boeing Company

Key Market Segmentation:

The report has segmented the global Directed Energy Weapons market on the basis of type, application, technology, end-use, and region.

Breakdown by type:

Breakdown by application:

  • homeland security
  • Defense

Breakdown by technology:

  • High energy laser
    • chemical laser
    • fiber laser
    • Free electron laser
    • solid state laser
  • High power microwave
  • Particle beam

Breakdown by end use:

  • Based on the ship
  • Land vehicles
  • Airborne
  • Gun shot

Breakdown by region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

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