Directed Energy Weapons Market by Product (Lethal Weapons, Non-Lethal Weapons), Technology (High Energy Laser Technology, High Power Microwave Technology, Particle Beam Weapons), Range, Application, Platform - Global Forecast 2024-2030
Description
Directed Energy Weapons Market by Product (Lethal Weapons, Non-Lethal Weapons), Technology (High Energy Laser Technology, High Power Microwave Technology, Particle Beam Weapons), Range, Application, Platform - Global Forecast 2024-2030
The Directed Energy Weapons Market size was estimated at USD 14.39 billion in 2023 and expected to reach USD 17.11 billion in 2024, at a CAGR 20.38% to reach USD 52.76 billion by 2030.
A directed energy weapon (DEW) damages its target with approvingly focused energy, including laser, microwaves, and particle beams. Potential applications of this technology include weapons that target personnel, missiles, vehicles, and optical devices. Directed energy operates as a force multiplier, enabling the warfighter to counter a growing range of emerging threats. Rising demand for laser weapons for security across land, air, and sea, new development of directed energy weapons, and the adoption of non-lethal weapons are driving the market growth. Additionally, the armed forces are investing in integrating cutting-edge weapon systems, such as directed energy weapons and onboard vehicles, driving the market's growth. However, various industry regulations and the design complexity of military DEW systems have been adversely impacting the development of the market. Moreover, governments increasingly focus on military modernization and growing international security concerns to enlarge the defense budgets and military weapon spending to update their military electronic warfare and defensive systems, which are expected to create opportunities in the future.
Regional Insights
Europe has a significant position in the directed energy weapons market owing to the high military & defense sector investments and technological advancements. Introducing unmanned aerial vehicles (UAVs) armed with missiles and bombs for combat has increased the need for directed energy weapons in Europe. The directed energy weapons market in the Americas is growing, expanding military expenditure and investments in advancing new defense weapons. The Americas is home to well-established companies that are actively engaged in designing cutting-edge DEW systems for various branches of the military sector. The directed energy weapons market in the Asia-Pacific region is growing with the supportive government frameworks and the development in the military & defense sectors. Significant investments are made by countries such as China, South Korea, and Australia to decrease reliance on exports by achieving self-sustenance in developing technologies and equipment necessary for defense and security operations. Asian countries such as China and India are ramping up efforts to develop indigenous DEW capabilities as part of their strategic military modernization initiatives.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Directed Energy Weapons Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Growing range of emerging threats coupled with the increased necessity of accuracy of weapons
- Increased demand for laser weapons for security across the land, air, and sea
- Increasing preferences for non-lethal weapons
- Market Restraints
- Stringent industry regulations and environmental impact of utilizing DEW
- Market Opportunities
- Increasing defense budget and spending for military weapons
- Introduction of advanced DE weapons for military operations
- Market Challenges
- Challenges associated with designing military DEW systems
- Market Segmentation Analysis
- Technology: Advancements in different kinds of high-energy laser technology to improve accuracy of the weapons
- Product: Consistent need for lethal weapons during critical warfares
- Range: Improved functionalities of DEWs above 1 KM range for strategic defense missions
- Application: Rising investments in the defense sector to accelerate the production of quality weapons, including DEW
- Platform: Increasing utility of land-based DEWs to ensure protection of ground forces
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Directed Energy Weapons Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Directed Energy Weapons Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- UK’s New DEW Roadmap Includes Maritime Laser Weapon
The UK Ministry of Defence (MoD) included the procurement of a maritime laser weapon system as part of its Transition Phase program. The procurement aimed at supporting the development and deployment of Directed Energy Weapons (DEW) in the UK armed forces.
Raytheon UK Set to Receive and Integrate the UK's First Laser Weapon System in October
Raytheon UK received its first high-energy laser weapon system for testing and integration in the United Kingdom. The contracted 15-kilowatt laser aims to counter aerial threats like unmanned aerial vehicles (UAVs), representing a significant advancement in understanding such systems.
Northrop Grumman Systems Corporation Delivers Mini Laser to the U.S. Government
Northrop Grumman Corporation successfully provided the U.S. government with a miniaturized, high-energy laser source called Phantom. This cutting-edge laser, weighing less than 200 pounds and occupying a volume of approximately 12 cubic feet, is aimed to be easily transported and integrated with other subsystems for comprehensive testing and eventual delivery to military customers.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Directed Energy Weapons Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Directed Energy Weapons Market, highlighting leading vendors and their innovative profiles. These include Applied Companies Corporation, ASELSAN A.Ş., BAE Systems PLC, EaglePicher Technologies, LLC, Elbit Systems Ltd., Electro Optic Systems Pty Limited, Epirus, Inc., General Atomics, Honeywell International Inc., II-VI Incorporated, Kord Technologies by KBR Inc., L3Harris Technologies, Inc., Leidos, Inc., Leonardo S.p.A., Lockheed Martin Corporation, MBDA Missile Systems, Moog Inc., Northrop Grumman Corporation, QinetiQ Limited, Radiance Technologies, Inc., Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Roketsan A.Ş., Textron Inc., Thales Group, and The Boeing Company.
Market Segmentation & Coverage
This research report categorizes the Directed Energy Weapons Market to forecast the revenues and analyze trends in each of the following sub-markets:- Product
- Lethal Weapons
- Non-Lethal Weapons
- Technology
- High Energy Laser Technology
- Chemical Laser
- Fiber Laser
- Free Electron Laser
- Solid-State Laser
- High Power Microwave Technology
- Particle Beam Weapons
- Range
- Less than 1 KM
- More than 1 KM
- Application
- Defence
- Homeland Security
- Platform
- Airborne
- Land
- Naval
- Space
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- Maryland
- Massachusetts
- New York
- Ohio
- Pennsylvania
- Texas
- Virginia
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- High Energy Laser Technology
- Market Drivers
Table of Contents
193 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing range of emerging threats coupled with the increased necessity of accuracy of weapons
- 5.1.1.2. Increased demand for laser weapons for security across the land, air, and sea
- 5.1.1.3. Increasing preferences for non-lethal weapons
- 5.1.2. Restraints
- 5.1.2.1. Stringent industry regulations and environmental impact of utilizing DEW
- 5.1.3. Opportunities
- 5.1.3.1. Increasing defense budget and spending for military weapons
- 5.1.3.2. Introduction of advanced DE weapons for military operations
- 5.1.4. Challenges
- 5.1.4.1. Challenges associated with designing military DEW systems
- 5.2. Market Segmentation Analysis
- 5.2.1. Technology: Advancements in different kinds of high-energy laser technology to improve accuracy of the weapons
- 5.2.2. Product: Consistent need for lethal weapons during critical warfares
- 5.2.3. Range: Improved functionalities of DEWs above 1 KM range for strategic defense missions
- 5.2.4. Application: Rising investments in the defense sector to accelerate the production of quality weapons, including DEW
- 5.2.5. Platform: Increasing utility of land-based DEWs to ensure protection of ground forces
- 5.3. Market Trend Analysis
- 5.3.1. Government emphasis on expanding DEW production and export through strategic collaboration with market players in the Americas
- 5.3.2. Potential R&D activities in support of government military investments to elevate DEW making in the Asia-Pacific
- 5.3.3. Rising concerns of geopolitical tensions and development of advanced directed energy weapons in EMEA region
- 5.4. Cumulative Impact of Russia-Ukraine Conflict
- 5.5. Cumulative Impact of High Inflation
- 5.6. Porter’s Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
- 5.7. Value Chain & Critical Path Analysis
- 5.8. Regulatory Framework Analysis
- 6. Directed Energy Weapons Market, by Product
- 6.1. Introduction
- 6.2. Lethal Weapons
- 6.3. Non-Lethal Weapons
- 7. Directed Energy Weapons Market, by Technology
- 7.1. Introduction
- 7.2. High Energy Laser Technology
- 7.3. High Power Microwave Technology
- 7.4. Particle Beam Weapons
- 8. Directed Energy Weapons Market, by Range
- 8.1. Introduction
- 8.2. Less than 1 KM
- 8.3. More than 1 KM
- 9. Directed Energy Weapons Market, by Application
- 9.1. Introduction
- 9.2. Defence
- 9.3. Homeland Security
- 10. Directed Energy Weapons Market, by Platform
- 10.1. Introduction
- 10.2. Airborne
- 10.3. Land
- 10.4. Naval
- 10.5. Space
- 11. Americas Directed Energy Weapons Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Directed Energy Weapons Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Directed Energy Weapons Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. Market Share Analysis, 2023
- 14.2. FPNV Positioning Matrix, 2023
- 14.3. Competitive Scenario Analysis
- 14.3.1. UK’s New DEW Roadmap Includes Maritime Laser Weapon
- 14.3.2. Raytheon UK Set to Receive and Integrate the UK's First Laser Weapon System in October
- 14.3.3. Northrop Grumman Systems Corporation Delivers Mini Laser to the U.S. Government
- 14.3.4. Turkish ASELSAN Develops Anti-drone Mobile Laser Weapon System
- 14.3.5. EDA Managed TALOS Project Successfully Closed
- 14.3.6. Pentagon Contract Announcement
- 14.3.7. THOR Defeats Swarm with Energy Weapon
- 14.3.8. Pentagon Spends USD 1 Billion Every Year to Develop ‘Directed Energy’ Weapons
- 14.3.9. QinetiQ Australia Partners with DSTG to Manufacture High Energy Laser System
- 14.3.10. Israeli-Made High-Energy Laser Makes Debut
- 14.3.11. Laser Directed Energy Weapon Deal for Blighter and Raytheon UK
- 14.3.12. The U.S. Army is readying a new directed energy weapon to swat drone swarms out of the sky
- 14.3.13. Lockheed Martin Achieves First Light In Latest Laser Lab Demonstration
- 14.3.14. Turkey Unveils a New Laser Weapon System Named JARMOL
- 14.3.15. French Navy to Acquire Electromagnetic, Directed-Energy Weapons
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.2. Key Product Portfolio
Pricing
Currency Rates
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