Directed Energy Weapon Systems Market is Anticipated to Grow at a Robust CAGR of 18.15% Between 2020-2030

Directed energy weapons (DEWs) are largely defined as those that produce a high power beam of concentrated energy in the form of electromagnetic, atomic, and sub-atomic particles, which are used to damage or destroy objects or eliminate human adversaries. Directed energy weapons are considered a proven solution that effectively works against tech-driven threats with more precision, flexibility, and affordability than offered by traditional ammunition. However, directed energy weapon systems are meant to complement existing defense platforms instead of replacing the traditional kinetic ballistic systems.

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Directed energy weapon systems are primarily classified into three technologies: high-power laser, high-power microwave, and neutral particle beam. The growth of high-power microwave technology is expected to be high due to the inexpensive development and operation cost as compared to high power lasers. Moreover, neutral particle beam technology is currently in the theoretical stage, and adequate research is needed to develop the prototype further.

The global directed energy weapon systems market is expected to witness significant growth during the forecast period 2020-2030 owing to the integration programs of directed energy weapon systems on different platforms like ground defense systems (main battle tank, infantry fighting vehicles, and multi-purpose armored vehicles), airborne (unmanned aerial vehicles and combat aircraft) and ship-based platforms. Additionally, the adoption of cutting-edge technologies such as electromagnetic beam, fiber laser, solid-state laser, robotics, artificial intelligence, and Internet of Battle Things (IoBT), among others, are changing the landscape of warfare. A rise in the number of drone attacks has raised the need for an advanced weapon with the attributes of high speed, precision, and low operation cost.

The ground-based platform segment currently leads the market and is estimated to continue to lead during the forecast period, as defense forces of leading countries seek to deploy directed energy weapon systems in their ground defense systems such as main battle tank, infantry fighting vehicle, and a multi-purpose armored vehicle to counter the adversaries from the ground. For instance, in August 2019, the U.S. Army awarded a contract to Northrop Grumman Corporation for developing a prototype for a 50 KW laser weapon system that will be integrated into Stryker vehicle family by 2022.

Military forces and all its wings, such as Army, Navy, Airforce, and Homeland Security, are the prominent end-users of directed energy weapons. Defense forces from leading countries are actively working in collaboration with defense contractors to develop the directed energy-based weapons systems. These directed energy weapon systems such as high-power laser, microwave, and neutral particle beam weapons are used to counter the threat from advanced adversaries like unmanned aerial vehicles, mortars, missiles, and small boats. Budget allocation for research and development of directed energy weapon systems is rising from the government of leading countries like the U.S., the U.K., Germany, France, China, India, and Russia.

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Key Questions Answered in this Report:

• Why should an investor consider venturing into the directed energy weapon systems market, and what are the future growth opportunities?
• For a new company looking to enter the market, which areas could it focus upon to stay ahead of the competition?
• How do the existing market players function to improve their market positioning?
• How does the supply chain function in the directed energy weapon systems market?
• Which technology and platform segment is expected to witness the maximum demand growth in the directed energy weapon systems market during 2019-2030 and how is their growth pattern across different regions and countries?
• Which are the key end users in the directed energy weapon systems market?
• Which regions and countries are leading in terms of demand for directed energy weapon systems are expected to witness high demand growth from 2019-2030?

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