USD 9.2 Billion
Global Directed Energy Weapons Market Size, Share, Growth Analysis, By Technology (High Energy Laser Technology, Plasma Weapons), By Product (Lethal, Non-lethal), By Platform (Land, Naval), By Region -Industry Forecast 2025-2032
Report ID:
SQMIG45K2117 |
Region:
Global |
Published Date: December, 2024
Pages:
177
|Tables:
117
|Figures:
67
Directed Energy Weapons Market Insights
Global Directed Energy Weapons Market size was valued at USD 9.2 Billion in 2022 and is poised to grow from USD 10.07 Billion in 2023 to USD 20.82 Billion by 2031, growing at a CAGR of 9.5% in the forecast period (2024-2031).
Rapidly increasing emphasis on the modernization of defense and military systems and growing investments in the development of new military technologies are slated to drive the demand for directed energy weapons going forward. Rising efforts to enhance the accuracy and precision of military attacks are also expected to boost the adoption of directed energy weapons in the future. Advancements in laser technologies are also slated to present new opportunities for directed energy weapon providers in the long run. Rising military and defense budgets of various countries around the world and increasing geopolitical tensions are also slated to bolster the adoption of directed energy weapons over the coming years. On the contrary, high costs of development, technological and power limitations, and resistance from traditional defense contractors are expected to be prime restraints for directed energy weapons market growth across the study period and beyond.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Lethal
Fastest Growth
Non-lethal
Growth Rate
9.5% CAGR
Global Directed Energy Weapons Market ($ Bn)
Country Share for North America Region (%)
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Directed Energy Weapons Market Segmental Analysis
Global directed energy weapons market is segmented by technology, product, platform, application, and region. Based on platform, the market can be segmented into land, airborne, naval, and space. On the basis of technology, the market is segmented into high energy laser technology, high power microwave technology, particle beam weapons, plasma weapons, and sonic weapons. Based on application, the market is segmented into homeland security and military. Based on product, the market is segmented into lethal weapons and non-lethal weapons. Based on region, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
Analysis by Technology
High energy laser technology is forecasted to account for a significant chunk of the global directed energy weapons market share in the future. Surging investments in the development of laser technologies and advancements in the same are estimated to cement the dominance of this segment. High accuracy, virtually limitless ammunition, and low costs of operation as compared to traditional weapons are some key benefits promoting the popularity of laser directed energy weapons over the coming years. Moreover, the stealth capabilities of laser directed energy weapons are quite unmatched making them a mainstay in this market. However, concerns regarding efficacy in different weather conditions and short range are slated to hurt the share of this segment.
Meanwhile, the demand for plasma weapons is forecasted to rise at a robust CAGR across the study period. Rapid response time and high energy efficiency are key benefits of plasma weapons allowing them to gain popularity around the world. Apart from their lethal capabilities, plasma weapons also have a wide range of non-lethal applications ranging from thermal ablation, delivering messages, and creating flash-bangs of up to 165 decibels. Growing investments in the development and advancement of novel plasma technologies are also estimated to create new opportunities for directed energy weapon providers operating in this segment.
Analysis by Product
Lethal directed energy weapons are forecasted to account for a significant share of the global directed energy weapons industry in the future. Growing emphasis on improving the lethal capabilities of military forces around the world and high investments in the development of lethal directed energy weapons are expected to bolster the high share of this segment. Countries such as China, the United States, Russia, and the United Kingdom with high military and defense spending budgets are expected to be key end users of lethal directed energy weapons going forward. Efforts to destroy military assets to enhance national security are also promoting the demand for lethal weapons.
On the other hand, the demand for non-lethal directed energy weapons is expected to rise at an impressive pace in the long run. Growing emphasis on adoption of novel warfare tactics and practices and increasing efforts to reduce collateral damage in military operations are helping this segment generate new opportunities. Rising efforts to ensure proper peacekeeping and improvement of homeland security are also expected to bolster the sales of non-lethal directed energy weapons in the future. Increasing investments in improving domestic security and law enforcement in countries are also projected to create new opportunities for non-lethal directed energy weapon suppliers across the study period and beyond.
Global Directed Energy Weapons Market By Product
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Directed Energy Weapons Market Regional Insights
North America is forecasted to emerge as the leading regional market for directed energy weapons companies around the world. Robust spending on military and defense, high investments in R&D of novel weapons technologies, and rising adoption of modern warfare techniques are helping this region hold sway over others. The United States is slated to be the most opportune market in this region owing to its high per capital spending on military and defense coupled with quick adoption of novel military technologies. Laser-based directed energy weapons are expected to gain massive popularity in the North American region in the long run.
The Asia Pacific region is projected to emerge as the fastest-growing market for directed energy weapon companies in the world. Rising geopolitical tensions in this region, increasing military and defense budgets, and growing demand for advanced weapons technology are making this a highly opportune region for directed energy weapon suppliers. China is estimated to be the most rewarding market in this region owing to dedicated spending on directed energy weapon development program. India, South Korea, and Japan are also estimated to be noteworthy markets in the Asia Pacific region going forward.
Global Directed Energy Weapons Market By Region
- Largest
- Fastest
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Directed Energy Weapons Market Dynamics
Drivers
Increasing Military & Defense Spending
- Countries around the world are investing heavily in the modernization and upgradation of their military and defense infrastructure. Countries such as the United States., China, India, and Russia are investing heavily in directed energy weapons to enhance their defense capabilities, reflecting a global push towards modernized military arsenals that focus on precision and efficiency.
Shift Towards Energy-Efficient Warfare
- Traditional warfare uses ammunition, which is highly expensive and not quite efficient to use. Growing emphasis on improving efficiency of warfare is estimated to bolster the adoption of directed energy weapons over the coming years. Directed energy weapons are capable of firing multiple shots using only electricity and reduce long-term operational costs thereby providing energy-efficient warfare.
Restraints
High Development Costs
- Directed energy weapons require significant investments in research and development as they utilize novel laser and microwave technologies to function efficiently. Moreover, prototyping, manufacturing, and deployment further add up to the overall costs of directed energy weapons and further impede the global directed energy weapons market outlook in the future.
Resistance from Traditional Defense Contractors
- Traditional defense contractors around the world have invested heavily in the development and manufacturing of traditional ammunition-based weapons. Adoption of directed energy weapons could disrupt the business of these defense contractors, which is why they are expected to resist directed energy weapons thereby hurting market development potential.
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Directed Energy Weapons Market Competitive Landscape
Directed energy weapon companies should focus on making their offerings more affordable and accessible for countries with limited spending potential. Collaborations and partnerships between governments and private defense contractors are also expected to be popular in the future. Developed countries are slated to be prime markets for directed energy weapon suppliers in the long run.
Top Player’s Company Profiles
- BAE Systems
- Thales Group
- Northrop Grumman
- MBDA
- Lockheed Martin Corporation
- Leonardo S.p.A.
- Boeing
- Rheinmetall AG
- RTX
- QinetiQ
Recent Developments
- In January 2024, The DragonFire laser directed energy weapon (LDEW) system became the first laser weapon to be used against aerial targets in the United Kingdom. MBDA, Leonardo, and QinetiQ collaboratively performed a trial to exhibit the aerial targeting capabilities of DragonFire.
- In May 2024, BlueHalo, a leading innovator in the military and defense business announced that it had won a $95.4-million contract for directed energy weapons prototyping for the United States Army Space and Missile Defense Command. Under this contract the company is also expected to extend its emphasis on design and manufacturing enhancement.
- In October 2022, Booz Allen Hamilton, a leading military and defense contractor announced the launch of its new business unit focusing on high-energy laser (HEL) weapons. HELworks is projected to utilize Booz Hamilton’s extensive expertise in military and defense operations to create innovative directed energy weapons.
Directed Energy Weapons Key Market Trends
- Integration with Existing Military Systems: Directed energy weapon companies should focus on the development of products that can easily be integrated with existing military systems and infrastructure. This directed energy weapons market trend is projected to enhance the versatility of directed energy weapons and make them more of an attractive proposition for military and defense organizations around the world.
- Counter-drone and Aerial Operations: Directed energy weapon providers should invest in the development of weapons capable of countering drone and other aerial attacks. The surge in use of drones in warfare makes counter-drone directed energy weapons a highly attractive proposition for military forces operating on land, water, and even space platforms.
Directed Energy Weapons Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, high investments in military and defense modernization and growing geopolitical tensions are projected to bolster the demand for directed energy weapons over the coming years. On the contrary, high development costs and resistance from traditional defense contractors are key issues that slow down the global directed energy weapons market growth. The robust military and defense spending budget of the United States allows North America to spearhead the demand for directed energy weapons in the long run. Development of aerial and counter-drone weapons and providing easy integration with existing military systems are slated to be key opportunities for directed energy weapon providers around the world.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 9.2 Billion |
| Market size value in 2031 | USD 20.82 Billion |
| Growth Rate | 9.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Directed Energy Weapons Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Directed Energy Weapons Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Directed Energy Weapons Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Directed Energy Weapons Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Directed Energy Weapons Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Directed Energy Weapons Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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