Global Directed Energy Weapons Market

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 News

  • 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.
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FAQs

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).

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. 'BAE Systems', 'Thales Group', 'Northrop Grumman', 'MBDA', 'Lockheed Martin Corporation', 'Leonardo S.p.A.', 'Boeing', 'Rheinmetall AG', 'RTX', 'QinetiQ'

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.

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.

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.

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Global Directed Energy Weapons Market

Report ID: SQMIG45K2117

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