Directed Energy Weapons Global Market is Projected to Reach $111.4 Billion by 2030: Plasma Weapons Display Exciting Evolutionary Journey to Offer Powerful Options

DUBLIN, June 28, 2023 /PRNewswire/ -- The "Directed Energy Weapons: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Directed Energy Weapons estimated at US$21.4 Billion in the year 2022, is projected to reach a revised size of US$111.4 Billion by 2030, growing at a CAGR of 22.9% over the analysis period 2022-2030.

High Energy Laser, one of the segments analyzed in the report, is projected to record a 24.6% CAGR and reach US$78.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the High-Power Microwave segment is readjusted to a revised 20% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.1 Billion, While China is Forecast to Grow at 26.2% CAGR

The Directed Energy Weapons market in the U.S. is estimated at US$8.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17.5 Billion by the year 2030 trailing a CAGR of 26.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.3% and 20.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 22.1% CAGR.

Select Competitors (Total 45 Featured) - 

• BAE Systems plc
• Elbit Systems Ltd.
• Honeywell International Inc.
• Lockheed Martin Corporation
• MBDA Missile Systems
• Northrop Grumman Corporation
• Rafael Advanced Defense Systems Ltd.
• Raytheon Technologies Corporation
• Rheinmetall AG
• Thales Group
• The Boeing Company

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Directed Energy Weapons - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of COVID-19 and a Looming Global Recession
• COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
• Disruptions in Military Training Inflicts Direct Blow on Directed Energy Weapons Market
• Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
• Rising Fiscal Deficits Puts Defense Spending on the Chopping Block, Affecting DEW Market
• Dual Public Health & Economic Crisis to Send Defense Spending Plummeting After Recording a 10-Year High in 2019: Global Defense Spending (In US$ Billion) for Years 2016, 2017, 2018, 2019, 2020 & 2023
• Directed Energy Weapon (DEW): A Type of Smart Weapon
• An Overview of Directed Energy Weapon (DEW)
• High Energy Laser (HEL)
• High-Power Microwave (HPM)
• Particle Beam Weapons
• Global Market Prospects & Outlook
• Directed Energy Weapons to Witness Growth in Demand
• World Directed Energy Weapons Market by Application (2020 & 2027): Percentage Breakdown of Sales for Defense, and Homeland Security
• Analysis by Technology: High Energy Laser Leads Adoption
• World Directed Energy Weapons Market by Technology (2020 & 2027): Percentage Breakdown of Sales for High Energy Laser, High-Power Microwave, and Particle Beam
• Regional Analysis
• World Directed Energy Weapons Market by Region (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
• Global Directed Energy Weapons Market: Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, USA, Rest of World, Europe, Canada, and Japan
• Competitive Scenario
• Recent Market Activity
• Select Innovations & Advancements

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Evolving Role of Electronic Warfare to Trigger Broad-based Opportunities for Directed Energy Weapons
• DEW Market to Gain from Sustained Emphasis on R&D
• DEWs Seek Role in Counter-Drone Equipment
• Increasing Use of Drones in the Battlefield Pushes Up the Need for Counter-Drone Systems: Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
• Anti-Ballistic Missile Systems: Niche Vertical for DEWs
• Escalating Global Arms Race Provides the Perfect Platform for Future Progress of DEW Market
• Ever-Hostile Geopolitical Scenario & Relentless Quest for Military Supremacy Pave the Way for Rise of DEWs
• Military Expenditure as a % of GDP in Select Countries
• Sustained Efforts to Strengthen Anti-Terrorism & Counter-Insurgency Departments to Drive Future Adoption of DEWs
• Continued Threat of Terrorism Drives the Focus on Surveillance as Counterterrorism Response: Global Number of Fatalities (in '000) Due to Terrorist Attacks: 2012-2017
• New Generation Radar Systems Empower DEWs with Robust Capabilities
• Growing Importance of Smart Weapons Enthuses DEWs Market
• Directed Energy HPM Weapons Seek Bigger Role
• Sonic & Ultrasonic Weapons: Using Sound Waves to Incapacitate Enemy
• Electromagnetic Weapons Aid in Disabling Enemy with Minimal Collateral Damage
• Despite the Intriguing Potential, Particle Beam Weapons Remain a Distant Dream
• Quest to Modernize Defense Forces Set to Drive Broader Adoption of Laser Weapon Systems
• US Navy Gears Up to Develop & Deploy Laser Weapons
• Plasma Weapons Display Exciting Evolutionary Journey to Offer Powerful Options
• Resolving Technical Limitations: Vital for Future Growth of DEWs Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2x3bd4

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