About Military Laser Systems
Laser is an acronym that stands for Light Amplification by Stimulated Emission of Radiation. These systems use directed beam of light radiation to focus on a target. Many defense organizations integrate laser systems with various types of sensors and platforms to illuminate, locate, track, and destroy a target.
Laser systems are considered ideal for defense against modern weapons as they project powerful energy beams over long distances and cause the elimination of possible threats within microseconds. These systems can be used for long-distance imaging and targeting. These systems can also be designed as directed-energy weapons (DEWs) to defend against missiles, nuclear weapons, and other DEWs.
Technavio’s analysts forecast the global military laser systems market to grow at a CAGR of 7.75% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global military laser systems market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Military Laser Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global military laser systems market: BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, and Thales.
Other Prominent Vendors in the market are: Boeing, UTC Aerospace Systems, and Kratos Defense and Security Solutions.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of miniature laser designator for UAVs. Drones are being used for several military purposes such as communication; combat, search, and rescue; destruction of enemy air defense; electronic attack; intelligence, surveillance, and reconnaissance; and suppression of enemy air defense operations. Vendors are focusing on the development of mini or small size drones that offer greater maneuverability and swiftness in operation, which in turn, is leading to the development of mini-laser designators.”
According to the report, one of the major drivers for this market is Increasing success rates of laser systems on field. Several countries have been collaborating with vendors and investing in the R&D of laser systems. However, in many instances, it has been observed that these systems fail to induct in war zones owing to field test fiascos. This has often discouraged vendors, and the market has witnessed slow growth until a few decades back.
Further, the report states that one of the major factors hindering the growth of this market is Limitations of current laser weapon systems. Lasers beams travel at the speed of light, which is faster than the speed of any physical object and can hit the target in fractions of a second. However, before the laser beam is directed at a target, the targeting system of the weapon must locate the target. The weapon’s tracking system then guides a beam in the direction of motion or projectile of the target and must hold it on a precise point on the target for a long enough duration to burn a hole through it. As some of the weaponized attack systems, such as cruise missiles and ballistic missiles, travel at very high speeds, the current laser weapon systems fail to fix the precise point on such targets.
BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, and Thales. Boeing, UTC Aerospace Systems, and Kratos Defense and Security Solutions.
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