NEW YORK, July 20, 2023 /PRNewswire/ — The directed energy weapons (DEW) market is estimated to grow at a CAGR of 19.16% between 2022 and 2027. The size of the market is forecast to increase by USD 3,840.53 million, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including – Airbus SE, BAE Systems Plc, Cobham Ltd., DRDO, Elbit Systems Ltd., General Atomics, L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo Spa, Lockheed Martin Corp., Mercury Systems Inc., Northrop Grumman Systems Corp., Radiance Technologies Inc., Raytheon Technologies Corp., Saab AB, Sierra Nevada Corp., SRC Inc., Teledyne Technologies Inc., Thales Group, and The Boeing Co. – Request a sample report
Technavio has announced its latest market research report titled Global Directed Energy Weapons Market
Directed energy weapons market Insights –
Vendors: 15+, Including Airbus SE, BAE Systems Plc, Cobham Ltd., DRDO, Elbit Systems Ltd., General Atomics, L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo Spa, Lockheed Martin Corp., Mercury Systems Inc., Northrop Grumman Systems Corp., Radiance Technologies Inc., Raytheon Technologies Corp., Saab AB, Sierra Nevada Corp., SRC Inc., Teledyne Technologies Inc., Thales Group, and The Boeing Co., among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: application (defense and homeland security), type (non-lethal and lethal), and geography (North America, Europe, APAC, South America, and Middle East and Africa)
To understand more about the directed energy weapons (DEW) market, request a sample report
Key Drivers- Development and procurement of advanced technologies are key factors driving market growth. The significant advances in the research and development of directed energy by major defense spenders, such as Russia, the US, and Chin is driving the market growth. As a result, to stay on par with their allies and adversaries, many other countries are making investments in developing similar DEW technologies. India is focusing on developing advanced directed energy weapons. For example, the Country DRDO confirmed that the Country is investing in developing Energy directed weapons to compete with other countries in the market. Furthermore, there was a fleet of aerial drones on a suspected reconnaissance mission hovering near the South Korean borders. Due to this the South Korean Ministry of National Defense also announced its plan to develop a laser weapon capable of intercepting UAVs. Hence, this advancement in technologies is expected to drive market growth during the forecast period.
Major Trends- Integration of smart weapon systems is a major trend in the market. Traditionally, aircraft planes were utilized to drop heavy air-to-surface rockets or bombs on far-off targets to counter enemy attacks during the war. However, with the advancement in technologies, the roles of such planes have undergone a transformation. For instance, the US has gained a military advantage over other countries because they have developed the ability to carry out long-range strike operations. The incorporation of such advanced smart weapons in defense would significantly improve the efficiency and combat abilities of the bomber planes as the ammunition, artillery, and bomb technologies are highly unlikely to be changed. Thus, these advancements will increase the effectiveness of military operations in many countries. Hence, the Integration of smart weapon systems is expected to drive market growth during the forecast period.
Significant Challenges- Stringent regulatory norms are a significant challenge restricting market growth. In the market for energy weapons, vendors are required to abide by the various country’s strict regulatory standards. Furthermore, many vendors collaborate with various countries’ defense agencies and government organizations and face challenges to do business. They must follow various regulations such as restrictions to control soil, air, and water pollution. The storage, use, and release of harmful substances is the major issue among manufacturers. In addition, these regulatory standards have become even more stringent as a result of civilian fatalities and injuries. As a result, directed energy weapons like microwaves, sonic, particle beams, and plasma have been banned in many nations. Hence, the Stringent regulatory norms are expected to restrict market growth during the forecast period.
The directed energy weapons market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.
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What are the key data covered in this Directed Energy Weapons Market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the directed energy weapons market between 2023 and 2027
Precise estimation of the size of the directed energy weapons market and its contribution to the market with a focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the directed energy weapons market across North America, Europe, APAC, South America, and the Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of directed energy weapons market vendors
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Directed Energy Weapons Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 19.16% |
Market growth 2023-2027 |
USD 3,840.53 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
18.78 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 35% |
Key countries |
US, Canada, China, Japan, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Airbus SE, BAE Systems Plc, Cobham Ltd., DRDO, Elbit Systems Ltd., General Atomics, L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo Spa, Lockheed Martin Corp., Mercury Systems Inc., Northrop Grumman Systems Corp., Radiance Technologies Inc., Raytheon Technologies Corp., Saab AB, Sierra Nevada Corp., SRC Inc., Teledyne Technologies Inc., Thales Group, and The Boeing Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
1.1 Market Overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global directed energy weapons market 2017 – 2021
Exhibit 18: Historic Market Size – Data Table on Global directed energy weapons market 2017 – 2021 ($ million)
4.2 Application Segment Analysis 2017 – 2021
Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)
4.3 Type Segment Analysis 2017 – 2021
Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)
4.4 Geography Segment Analysis 2017 – 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
4.5 Country Segment Analysis 2017 – 2021
Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application – Market share 2022-2027 (%)
Exhibit 31: Data Table on Application – Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Defense – Market size and forecast 2022-2027
Exhibit 34: Chart on Defense – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Defense – Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Defense – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Defense – Year-over-year growth 2022-2027 (%)
6.4 Homeland Security – Market size and forecast 2022-2027
Exhibit 38: Chart on Homeland Security – Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Homeland Security – Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Homeland Security – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Homeland Security – Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)
Exhibit 43: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 44: Chart on Type – Market share 2022-2027 (%)
Exhibit 45: Data Table on Type – Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Non-lethal – Market size and forecast 2022-2027
Exhibit 48: Chart on Non-lethal – Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Non-lethal – Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Non-lethal – Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Non-lethal – Year-over-year growth 2022-2027 (%)
7.4 Lethal – Market size and forecast 2022-2027
Exhibit 52: Chart on Lethal – Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Lethal – Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Lethal – Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Lethal – Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 56: Market opportunity by Type ($ million)
Exhibit 57: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share by geography 2022-2027 (%)
Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America – Market size and forecast 2022-2027
Exhibit 63: Chart on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on North America – Year-over-year growth 2022-2027 (%)
9.4 Europe – Market size and forecast 2022-2027
Exhibit 67: Chart on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Europe – Year-over-year growth 2022-2027 (%)
9.5 APAC – Market size and forecast 2022-2027
Exhibit 71: Chart on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC – Year-over-year growth 2022-2027 (%)
9.6 South America – Market size and forecast 2022-2027
Exhibit 75: Chart on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on South America – Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa – Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
9.8 US – Market size and forecast 2022-2027
Exhibit 83: Chart on US – Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US – Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US – Year-over-year growth 2022-2027 (%)
9.9 China – Market size and forecast 2022-2027
Exhibit 87: Chart on China – Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on China – Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China – Year-over-year growth 2022-2027 (%)
9.10 Germany – Market size and forecast 2022-2027
Exhibit 91: Chart on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Germany – Year-over-year growth 2022-2027 (%)
9.11 Canada – Market size and forecast 2022-2027
Exhibit 95: Chart on Canada – Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Canada – Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Canada – Year-over-year growth 2022-2027 (%)
9.12 Japan – Market size and forecast 2022-2027
Exhibit 99: Chart on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on Japan – Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Japan – Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 103: Market opportunity by geography ($ million)
Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Airbus SE
Exhibit 111: Airbus SE – Overview
Exhibit 112: Airbus SE – Business segments
Exhibit 113: Airbus SE – Key news
Exhibit 114: Airbus SE – Key offerings
Exhibit 115: Airbus SE – Segment focus
12.4 BAE Systems Plc
Exhibit 116: BAE Systems Plc – Overview
Exhibit 117: BAE Systems Plc – Business segments
Exhibit 118: BAE Systems Plc – Key offerings
Exhibit 119: BAE Systems Plc – Segment focus
12.5 Cobham Ltd.
Exhibit 120: Cobham Ltd. – Overview
Exhibit 121: Cobham Ltd. – Product / Service
Exhibit 122: Cobham Ltd. – Key news
Exhibit 123: Cobham Ltd. – Key offerings
12.6 Elbit Systems Ltd.
Exhibit 124: Elbit Systems Ltd. – Overview
Exhibit 125: Elbit Systems Ltd. – Product / Service
Exhibit 126: Elbit Systems Ltd. – Key offerings
12.7 General Atomics
Exhibit 127: General Atomics – Overview
Exhibit 128: General Atomics – Product / Service
Exhibit 129: General Atomics – Key offerings
12.8 L3Harris Technologies Inc.
Exhibit 130: L3Harris Technologies Inc. – Overview
Exhibit 131: L3Harris Technologies Inc. – Business segments
Exhibit 132: L3Harris Technologies Inc. – Key news
Exhibit 133: L3Harris Technologies Inc. – Key offerings
Exhibit 134: L3Harris Technologies Inc. – Segment focus
12.9 Leidos Holdings Inc.
Exhibit 135: Leidos Holdings Inc. – Overview
Exhibit 136: Leidos Holdings Inc. – Business segments
Exhibit 137: Leidos Holdings Inc. – Key offerings
Exhibit 138: Leidos Holdings Inc. – Segment focus
12.10 Leonardo Spa
Exhibit 139: Leonardo Spa – Overview
Exhibit 140: Leonardo Spa – Business segments
Exhibit 141: Leonardo Spa – Key news
Exhibit 142: Leonardo Spa – Key offerings
Exhibit 143: Leonardo Spa – Segment focus
12.11 Lockheed Martin Corp.
Exhibit 144: Lockheed Martin Corp. – Overview
Exhibit 145: Lockheed Martin Corp. – Business segments
Exhibit 146: Lockheed Martin Corp. – Key news
Exhibit 147: Lockheed Martin Corp. – Key offerings
Exhibit 148: Lockheed Martin Corp. – Segment focus
12.12 Mercury Systems Inc.
Exhibit 149: Mercury Systems Inc. – Overview
Exhibit 150: Mercury Systems Inc. – Product / Service
Exhibit 151: Mercury Systems Inc. – Key offerings
12.13 Northrop Grumman Systems Corp.
Exhibit 152: Northrop Grumman Systems Corp. – Overview
Exhibit 153: Northrop Grumman Systems Corp. – Business segments
Exhibit 154: Northrop Grumman Systems Corp. – Key news
Exhibit 155: Northrop Grumman Systems Corp. – Key offerings
Exhibit 156: Northrop Grumman Systems Corp. – Segment focus
12.14 Raytheon Technologies Corp.
Exhibit 157: Raytheon Technologies Corp. – Overview
Exhibit 158: Raytheon Technologies Corp. – Business segments
Exhibit 159: Raytheon Technologies Corp. – Key news
Exhibit 160: Raytheon Technologies Corp. – Key offerings
Exhibit 161: Raytheon Technologies Corp. – Segment focus
12.15 Saab AB
Exhibit 162: Saab AB – Overview
Exhibit 163: Saab AB – Business segments
Exhibit 164: Saab AB – Key news
Exhibit 165: Saab AB – Key offerings
Exhibit 166: Saab AB – Segment focus
12.16 Thales Group
Exhibit 167: Thales Group – Overview
Exhibit 168: Thales Group – Business segments
Exhibit 169: Thales Group – Key news
Exhibit 170: Thales Group – Key offerings
Exhibit 171: Thales Group – Segment focus
12.17 The Boeing Co.
Exhibit 172: The Boeing Co. – Overview
Exhibit 173: The Boeing Co. – Business segments
Exhibit 174: The Boeing Co. – Key news
Exhibit 175: The Boeing Co. – Key offerings
Exhibit 176: The Boeing Co. – Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 177: Inclusions checklist
Exhibit 178: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 179: Currency conversion rates for US$
13.4 Research methodology
Exhibit 180: Research methodology
Exhibit 181: Validation techniques employed for market sizing
Exhibit 182: Information sources
13.5 List of abbreviations
Exhibit 183: List of abbreviations
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