TheGlobal Directed Energy Weapons Market Research Report offers an in-depthanalysis of the Directed Energy Weapons industry and the economic scenario forbusiness management that offers development and profitability for the keyplayers in the market. growingincidences in the cross-border conflicts, asymmetry in the warfare, higherinclination for the forthcoming combat preparation, and broadening the numberof the existing weaponry technology & updating them into the futuristicones are some of the subordinate reasons behind the tremendous growth of themarket.
Thelaser-based DEW anti-drone system or drone destroyers are expected to create ahuge enforcement into the market as more and more countries are deliberatelydeveloping & investing in the high-power laser-directed energy system touse against drones or UAVs.
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Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Directed Energy Weapons market duringthe forecast period of 2020-2027.
Further key findings fromthe report suggest
· In June 2020,Applied Technology Associates (ATA) revealed a contract for developing a targetacquisition & tracking platform for the installation on a Stryker militaryground vehicle being a part of U.S. Army initiative in order to increase theprotection of the soldiers using laser weapon systems.
· The defenseexhibits a higher count of usage and investment in the ongoing research &development of directed energy weapons (DEW). The growing interest incountering the weaponry actions & drones or UAV information carriers sentfrom the rivals are broadening the market outreach. The Defense sub-segment inthe application segment had 78.6% market share in the year 2019.
· North Americaowing to its leading investment in the defense & homeland security budgets,especially in the United States, and higher development in the informationtechnology & microelectronics industry, is expected to fuel regional marketgrowth substantially.
· Key playersin the market The Raytheon Company, The Boeing Company, BAE Systems, NorthropGrumman Corporation, Lockheed Martin, L-3 Communications Ltd, Moog Inc, ThalesGroup, Saab AB, and Israel Aerospace Industries, among others.
Furthermore,the report offers insights into the segmentation of the Directed Energy Weaponsindustry based on product types, applications, end-user, technology, and key regions.The study also assesses the market segment expected to show significant growthin the coming years.
· Type of Weapons Systems Outlook (Revenue: USDBillion; Volume: Thousand Units; 2017-2027)
o Laser
1. Fiber Laser
2. Free Electron Laser
3. Solid-state Laser
4. Chemical Laser
o High-Power Microwave (HPM)
o High-Power Sonic (HPS)
o Particle Beam
· Application Outlook (Revenue: USD Billion; Volume:Thousand Units; 2017-2027)
o Defense
o Homeland Security
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