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Directed Energy Weapon Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • October 2023
  • Region: Global
  • Lucintel
  • ID: 5909750

Directed Energy Weapon Trends and Forecast

The future of the global directed energy weapon market looks promising with opportunities in the ship based, land vehicles, airborne, and gun shot markets. The global directed energy weapon market is expected to reach an estimated $16.1 billion by 2030 with a CAGR of 17.5% from 2024 to 2030. The major drivers for this market are investments in upgrading military platforms, surge in the acquisition of military hardware by major armed forces, as well as, increasing interest and need for directed energy weapon (DEW) systems within defense forces worldwide.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Directed Energy Weapon by Segment

The study includes a forecast for the global directed energy weapon by type, application, end use, and region.

Directed Energy Weapon Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Lethal
  • Non-Lethal

Directed Energy Weapon Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Homeland Security
  • Defense

Directed Energy Weapon Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Ship Based
  • Land Vehicles
  • Airborne
  • Gun Shot

Directed Energy Weapon Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Directed Energy Weapon Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies directed energy weapon companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the directed energy weapon companies profiled in this report include-
  • Applied Companies
  • Bae Systems
  • L3Harris Technologies
  • Lockheed Martin
  • Moog
  • Northrop Grumman
  • Qinetiq Group
  • Raytheon Technologies
  • Textron
  • The Boeing Company

Directed Energy Weapon Market Insights

The publisher forecasts that defense will remain the larger segment over the forecast period because these weapon possess distinctive capabilities for addressing and mitigating diverse threats encountered by military forces, and plays a vital role in bolstering force protection for military personnel, platforms, and critical assets.

North America will remain the largest region over the forecast period due to growing commitment to defense research and development (R&D) efforts, increase in defense expenditure, as well as, financial allocation is aimed at modernizing current weapon systems and facilitating the advancement of state-of-the-art technologies.

Features of the Global Directed Energy Weapon Market

  • Market Size Estimates: Directed energy weapon market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Directed energy weapon market size by type, application, end use, and region in terms of value ($B).
  • Regional Analysis: Directed energy weapon market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the directed energy weapon market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the directed energy weapon market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the directed energy weapon market size?
Answer: The global directed energy weapon market is expected to reach an estimated $16.1 billion by 2030.

Q.2 What is the growth forecast for directed energy weapon market?
Answer: The global directed energy weapon market is expected to grow with a CAGR of 17.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the directed energy weapon market?
Answer: The major drivers for this market are investments in upgrading military platforms, surge in the acquisition of military hardware by major armed forces, as well as, increasing interest and need for directed energy weapon (DEW) systems within defense forces worldwide.

Q4. What are the major segments for directed energy weapon market?
Answer: The future of the global directed energy weapon market looks promising with opportunities in the ship based, land vehicles, airborne, and gun shot markets.

Q5. Who are the key directed energy weapon market companies?

Answer: Some of the key directed energy weapon companies are as follows:

  • Applied Companies
  • Bae Systems
  • L3Harris Technologies
  • Lockheed Martin
  • Moog
  • Northrop Grumman
  • Qinetiq Group
  • Raytheon Technologies
  • Textron
  • The Boeing Company
Q6. Which directed energy weapon market segment will be the largest in future?
Answer: The publisher forecasts that defense will remain the larger segment over the forecast period because these weapon possess distinctive capabilities for addressing and mitigating diverse threats encountered by military forces, and plays a vital role in bolstering force protection for military personnel, platforms, and critical assets.

Q7. In directed energy weapon market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing commitment to defense research and development (R&D) efforts, increase in defense expenditure, as well as, financial allocation is aimed at modernizing current weapon systems and facilitating the advancement of state-of-the-art technologies.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the directed energy weapon market by type (lethal and non-lethal), application (homeland security and defense), end use (ship based, land vehicles, airborne, and gun shot), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Directed Energy Weapon Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Directed Energy Weapon Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Directed Energy Weapon Market by Type
3.3.1: Lethal
3.3.2: Non-Lethal
3.4: Global Directed Energy Weapon Market by Application
3.4.1: Homeland Security
3.4.2: Defense
3.5: Global Directed Energy Weapon Market by End Use
3.5.1: Ship Based
3.5.2: Land Vehicles
3.5.3: Airborne
3.5.4: Gun Shot
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Directed Energy Weapon Market by Region
4.2: North American Directed Energy Weapon Market
4.2.1: North American Directed Energy Weapon Market by Application: Homeland Security and Defense
4.2.2: North American Directed Energy Weapon Market by End Use: Ship Based, Land Vehicles, Airborne, and Gun Shot
4.3: European Directed Energy Weapon Market
4.3.1: European Directed Energy Weapon Market by Application: Homeland Security and Defense
4.3.2: European Directed Energy Weapon Market by End Use: Ship Based, Land Vehicles, Airborne, and Gun Shot
4.4: APAC Directed Energy Weapon Market
4.4.1: APAC Directed Energy Weapon Market by Application: Homeland Security and Defense
4.4.2: APAC Directed Energy Weapon Market by End Use: Ship Based, Land Vehicles, Airborne, and Gun Shot
4.5: ROW Directed Energy Weapon Market
4.5.1: ROW Directed Energy Weapon Market by Application: Homeland Security and Defense
4.5.2: ROW Directed Energy Weapon Market by End Use: Ship Based, Land Vehicles, Airborne, and Gun Shot
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Directed Energy Weapon Market by Type
6.1.2: Growth Opportunities for the Global Directed Energy Weapon Market by Application
6.1.3: Growth Opportunities for the Global Directed Energy Weapon Market by End Use
6.1.4: Growth Opportunities for the Global Directed Energy Weapon Market by Region
6.2: Emerging Trends in the Global Directed Energy Weapon Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Directed Energy Weapon Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Directed Energy Weapon Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Applied Companies
7.2: BAE Systems
7.3: L3harris Technologies
7.4: Lockheed Martin
7.5: Moog
7.6: Northrop Grumman
7.7: Qinetiq Group
7.8: Raytheon Technologies
7.9: Textron
7.10: The Boeing Company

Companies Mentioned

  • Applied Companies
  • Bae Systems
  • L3Harris Technologies
  • Lockheed Martin
  • Moog
  • Northrop Grumman
  • Qinetiq Group

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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