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Pulished Date April, 2021
ID: 9611
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Directed Energy Weapons Market by Type (Non-Lethal Weapon and Lethal Weapon), Technology (Particle Beam Weapons, High Power Microwave Technology, and High Energy Laser Technology), Application (Homeland Security and Military), Platform (Naval, Ground-Based, and Airborne), and Regional (North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and Rest of the world) – Global Industry Size, Growth, Trends, Value, and Competitive Analysis Forecast Report 2021-2026

Pulished: April, 2021
ID: 9611
Pages: 175

Directed Energy Weapons Market Analysis 2021-2026:

Directed Energy Weapons Market was estimated at USD 6.89 billion in 2021 and is anticipated to reach an extent of USD 24.49 billion by the end of the assessment period, with a CAGR of over 29% throughout the estimated period (2021-2026).

The directed energy weapon emits highly concentrated energy and consists of a laser, microwave, and particle beams to destroy the target. Directed energy weapons are used to protect against nuclear, radiological, biological, and chemical tragedies in order to preserve national security. The rise in popularity of high-quality, integrated, accurate, and cost-effective energy weapons by defense forces is expected to stimulate the market during the forecast period. However, there are gaps in the operational performance of the targeted energy weapons market, such as the high cost of weapons development and vulnerability to degradation by the external environment. Directed energy weapons offer a variety of advantages, such as accuracy, low cost per shot, and scalable effects that will be useful across the entire spectrum of combat operations compared to conventional kinetic weapons. The strong growth of directed energy weapons in defense applications will ensure the disruptive change of war tactics in the military. Therefore, this has led to an increase in R&D spending for the development of directed energy weapons.

Impact of COVID-19 on Directed Energy Weapons Market:

The COVID-19 pandemic has the potential to trigger a major global economic crisis, which affects all industries. One of the industrial sectors affected by the coronavirus storm is aerospace. The COVID-19 epidemic has almost completely stopped global air traffic. While air traffic has consistently shown a robust recovery from past crises, there is a wide debate on how traffic will recover from the current crisis and what it will mean for the civil aviation industry, supply chain and after-sales support companies. In commercial aviation, companies experience production disruptions and a slowdown in demand when workers return home, passengers stop traveling, and customers delay delivery of new aircraft. The demand for parts is also declining because less maintenance is currently required. Aircraft manufacturers are inherently capital intensive, raising short-term concerns about cash flow and liquidity. On the defense side, subcontractors are better positioned because they will not feel the impact of COVID-19 in the short or medium term. Although production may decrease for the same reasons as in aircraft manufacturing, demand in the next two years is unlikely to be affected as budgets for these projects were allocated before the pandemic and the projects are essential to national defense.

Recent Developments:

  1. In January 2021, BAE Systems acquired the Collins Aerospace Military Global Positioning System and Raytheon Airborne Tactical Radios. These two companies are being sold to remove the antitrust regulatory requirements of the ongoing merger between Raytheon and United Technologies Corp.
  2. In December 2019, Moog Inc acquired Gesellschaft für Antriebstechnik mbH and GAT Inc (GAT). GAT is a world leader in the design and manufacture of high quality rotary couplings and slip rings.
  3. In August 2019, the Rheinmetall Group and MBDA Deutschland agreed to collaborate in the field of high-energy laser effectors.

Market Drivers and Restraints:

The global market for directed energy weapons is expected to grow due to increased demand for lethal and precise weapons during the forecast period. Huge investments in weapons development associated with its demonstration are expected to increase the world market during the forecast period. Directed Energy Weapons (DEW) are capable of selecting discrete targets. They operate at the speed of light and can have detrimental effects on personnel, facilities, and equipment. Such a weapon also emits a beam that includes acoustic energy, atomic particles, and electromagnetic energy. The changing nature of war in the global environment is expected to stimulate the world market during the forecast period. Additionally, directed energy weapons can damage the target with minimal damage. Other features such as effectiveness against fast-moving objects, coverage of multiple target areas, unlimited charger, long-range and precise targeting are expected to have a positive impact on the world market during the forecast period. The increase in protests, riots, political disputes, and conflicts is expected to have a positive impact on world demand in the coming years. The defense should be a heavy consumer of directed energy weapons. The high-cost arms transfer protocol is expected to hamper the global DEW market during the outlook period. Development costs, including technological hurdle are also supposed to be major challenges in limiting the global market over the envisioned period.

Directed Energy Weapons Market Segmentation:

Type

  • Lethal weapon
  • Non-lethal weapon

 Technology

  • Particle beam weapons
  • High-power microwave technology
  • High-energy laser technology

 Application

  • Military
  • Security

Regional Analysis:

The global market for Directed Energy Weapons has been categorized into

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

The global market for directed energy weapons (DEW) was led by North America. The market was followed by Europe due to high demand from the defense sector along with significant investments in weapons. Asia-Pacific is expected to be the fastest-growing market over the outlook period. China has been the leading player in the market as the Indian market develops. Asian and Pacific countries are not only facing external threats, but internal conflicts are also increasing at a rapid rate. Terrorist threats are expected to increase regional demand for directed energy weapons during the forecast period. China is expected to be the main market during the calculated period due to developments in laser defense. The Indian research organization DRDO (Defense Research and Development Organization) has plans to develop high-powered laser weapon technology. To improve the capacity of anti-ballistic missiles, India should develop the production of directed energy weapons (DEW) in the coming years. During the forecast period, India is expected to emerge with a robust defense system.

Leading Company:

BAE Systems had the largest share of the Directed Energy Weapons Market in terms of sales and revenue in 2017.

Key Players:

The global Directed Energy Weapons Market is concentrated with well-established players. Key players in the market include Lockheed Martin, Northrop Grumman, Raytheon, Rafael Advanced Defense Systems, Applied Companies, Textron, BAE Systems, MBDA, and Moog Inc.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods     

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends  

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Directed Energy Weapons Market, By Type                 

                                6.1.1 Non-Lethal Weapon           

                                6.1.2 Lethal Weapon      

       6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Directed Energy Weapons Market, By Technology    

                                6.2.1 Particle Beam Weapons    

                                6.2.2 High Power Microwave Technology             

                                6.2.3 High Energy Laser Technology        

  6.2.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.5 Y-o-Y Growth Rate Analysis             

                                6.2.6 Market Attractiveness Index          

                6.3 Directed Energy Weapons Market, By Application   

                                6.3.1 Homeland Security              

                                6.3.2 Military     

    6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

                6.4 Directed Energy Weapons Market, By Platform    

                                6.4.1 Ground-Based       

                                6.4.2 Naval         

                                6.4.3 Airborne  

    6.4.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.5 Y-o-Y Growth Rate Analysis             

                                6.4.6 Market Attractiveness Index          

7. Geographical Landscape                                         

       7.1 Global Identity Governance and Administration Market, by Region  

                7.2 North America - Market Analysis (2018 - 2026)    

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Technology       

                                7.2.4 By Application        

                                7.2.5 By Platform             

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Technology       

                                7.3.4 By Application        

                                7.3.5 By Platform             

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Technology       

                                7.4.4 By Application        

                                7.4.5 By Platform             

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Technology       

                                7.5.4 By Application        

                                7.5.5 By Platform             

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Technology       

                                7.6.4 By Application        

                                7.6.5 By Platform             

8. Key Player Analysis                                    

                8.1 Lockheed Martin                      

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Northrop Grumman               

                8.3 Raytheon                    

                8.4 Rafael Advanced Defense Systems                  

                8.5 Applied Companies                 

                8.6 Textron                        

                8.7 BAE Systems                              

                8.8 MBDA                           

                8.9 Moog Inc                     

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by technology, by application, and by platform along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Directed Energy Weapons Market By Region, From 2021-2026 ( USD Billion )
  2. Global Directed Energy Weapons Market By Type, From 2021-2026 ( USD Billion )
  3. Global Non-Lethal Weapon Market By Region, From 2021-2026 ( USD Billion )
  4. Global Lethal Weapon Market By Region, From 2021-2026 ( USD Billion )
  5. Global Directed Energy Weapons Market By Technology, From 2021-2026 ( USD Billion )
  6. Global Particle Beam Weapons Market By Region, From 2021-2026 ( USD Billion )
  7. Global High Power Microwave Technology Market By Region, From 2021-2026 ( USD Billion )
  8. Global High Energy Laser Technology Market By Region, From 2021-2026 ( USD Billion )
  9. Global Directed Energy Weapons Market By Application, From 2021-2026 ( USD Billion )
  10. Global Homeland Security Market By Region, From 2021-2026 ( USD Billion )
  11. Global Military Market By Region, From 2021-2026 ( USD Billion )
  12. Global Directed Energy Weapons Market By Platform, From 2021-2026 ( USD Billion )
  13. Global Ground-Based Market By Region, From 2021-2026 ( USD Billion )
  14. Global Naval Market By Region, From 2021-2026 ( USD Billion )
  15. Global Airborne Market By Region, From 2021-2026 ( USD Billion )

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