Directed Energy Weapon Market Report: Trends, Forecast and Competitive Analysis to 2030

Directed Energy Weapon Trends and Forecast

The future of the global directed energy weapon market looks promising with opportunities in the ship based, land vehicles, airborne, and gun shot markets. The global directed energy weapon market is expected to reach an estimated $16.1 billion by 2030 with a CAGR of 17.5% from 2024 to 2030. The major drivers for this market are investments in upgrading military platforms, surge in the acquisition of military hardware by major armed forces, as well as, increasing interest and need for directed energy weapon (DEW) systems within defense forces worldwide.

A more than 150-page report is developed to help in your business decisions.

Directed Energy Weapon by Segment

The study includes a forecast for the global directed energy weapon by type, application, end use, and region.

Directed Energy Weapon Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Lethal
• Non-Lethal

Directed Energy Weapon Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Homeland Security
• Defense

Directed Energy Weapon Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Ship Based
• Land Vehicles
• Airborne
• Gun Shot

Directed Energy Weapon Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Directed Energy Weapon Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies directed energy weapon companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the directed energy weapon companies profiled in this report include-

• Applied Companies
• Bae Systems
• L3Harris Technologies
• Lockheed Martin
• Moog
• Northrop Grumman
• Qinetiq Group
• Raytheon Technologies
• Textron
• The Boeing Company

Directed Energy Weapon Market Insights

Lucintel forecasts that defense will remain the larger segment over the forecast period because these weapon possess distinctive capabilities for addressing and mitigating diverse threats encountered by military forces, and plays a vital role in bolstering force protection for military personnel, platforms, and critical assets.

North America will remain the largest region over the forecast period due to growing commitment to defense research and development (R&D) efforts, increase in defense expenditure, as well as, financial allocation is aimed at modernizing current weapon systems and facilitating the advancement of state-of-the-art technologies.

Features of the Global Directed Energy Weapon Market

Market Size Estimates: Directed energy weapon market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Directed energy weapon market size by type, application, end use, and region in terms of value ($B).

Regional Analysis: Directed energy weapon market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the directed energy weapon market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the directed energy weapon market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the directed energy weapon market size?

Answer: The global directed energy weapon market is expected to reach an estimated $16.1 billion by 2030.

Q.2 What is the growth forecast for directed energy weapon market?

Answer: The global directed energy weapon market is expected to grow with a CAGR of 17.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the directed energy weapon market?

Answer: The major drivers for this market are investments in upgrading military platforms, surge in the acquisition of military hardware by major armed forces, as well as, increasing interest and need for directed energy weapon (DEW) systems within defense forces worldwide.

Q4. What are the major segments for directed energy weapon market?

Answer: The future of the global directed energy weapon market looks promising with opportunities in the ship based, land vehicles, airborne, and gun shot markets.

Q5. Who are the key directed energy weapon market companies?

Answer: Some of the key directed energy weapon companies are as follows:

• Applied Companies
• Bae Systems
• L3Harris Technologies
• Lockheed Martin
• Moog
• Northrop Grumman
• Qinetiq Group
• Raytheon Technologies
• Textron
• The Boeing Company

Q6. Which directed energy weapon market segment will be the largest in future?

Answer: Lucintel forecasts that defense will remain the larger segment over the forecast period because these weapon possess distinctive capabilities for addressing and mitigating diverse threats encountered by military forces, and plays a vital role in bolstering force protection for military personnel, platforms, and critical assets.

Q7. In directed energy weapon market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing commitment to defense research and development (R&D) efforts, increase in defense expenditure, as well as, financial allocation is aimed at modernizing current weapon systems and facilitating the advancement of state-of-the-art technologies.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the directed energy weapon market by type (lethal and non-lethal), application (homeland security and defense), end use (ship based, land vehicles, airborne, and gun shot), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?