Report ID: SQMIG45K2117
Report ID:
SQMIG45K2117 |
Region:
Global |
Published Date: December, 2024
Pages:
177
|
Tables:
117 |
Figures:
67
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.
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Report ID: SQMIG45K2117