The Directed Energy Weapons Market is to grow by 19.16% from 2022 to 2027|Airbus SE, BAE Systems Plc, Cobham Ltd., and more to emerge as key players- Technavio

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

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Technavio has announced its latest market research report titled Global Directed Energy Weapons Market
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.

Drivers, Trends & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

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

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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