North America Military Laser Systems Market is Expected to Reach $771.3 Million by 2019, at a CAGR of 3.7% From 2014 to 2019

FORT WORTH, Texas, April 24, 2015 /PRNewswire/ --

The North America military laser systems market for defense and homeland security was estimated at $642 million in 2014 and is projected to rise to approximately $771.3 million by 2019 at a CAGR of 3.7%.

Browse through the TOC of the report on the North America Military Laser Systems Market, so as to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North America Military Laser Systems Market, and is supported by various tables and figures.

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This report provides a market analysis of the North America military laser systems market and its application in defense and homeland market over the next five years. It provides a detailed analysis of both historic and global industry forecast considering factors influencing demand, and the challenges faced by the industry participants. Segmented by type, application and geography, this report also provides analysis of the leading companies in the industry and emerging technological trends.

This research report segments the market on the basis of application in defense & homeland security, such as laser range finder - LRF, laser designator, LiDAR, 3D scanning, directed energy weapons, laser sights, ring laser gyro, laser altimeters, and product type such as solid state laser, fiber laser, laser cutter, laser diode (APD - Avalanche photo diode), CO2 and usage of eye safe lasers.

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While analyzing the market share on the basis of technology, this report also provides information about the leading players in the laser market. Apart from a general overview of the leading companies, their financial position, key products, unique selling points and key developments are also analyzed.

This report also delivers information about the technology roadmap that underlines the trends for the laser technology market and also highlights which technologies will dominate the market in the future.

Due to the economic downturn, major countries such as the United States and United Kingdom are witnessing economic difficulties. And the budget cut of $178 billion announced by America during 2011-2015 could slow down the defense industry. Despite this, the laser market is booming and lot of money is being pumped into research and development of laser technology.

Related Reports: 

The North America's Directed Energy Weapon Market was estimated at $3069.07 million in 2013, and expected to reach $8126.64 million by 2018. It is projected to grow at a CAGR of approximately 21.5%, from 2013 to 2018.

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