Increasing need for precision promotes Global Directed Energy Weapons Market
Market Overview:
The global directed energy weapons market is likely to garner a CAGR of more than 20.18% during the envisioned period from 2020 to 2025.

A Directed Energy Weapon (DEW) unleashes highly concentrated power, transferring that power to a target for destruction. Potential applications of this expertise include anti-personnel baton systems, missile protection system, and durable vehicle deactivation. DARPA, the Air Force Research Laboratory, the Pentagon, and the Naval Research Laboratory are examining technologies such as railroad rifles and directed energy weapons to counter increasing fast missile threats such as hypersonic cruise missiles, ballistic missiles and gliding vehicles. Directed energy weapons could have several significant features compared to conventional weapons. Direct energy weapons can be used discreetly as energy above and below the perceptible spectrum is imperceptible and produces no sound. Light is modified very slightly by gravity, giving it an approximately flat path.

Recent Developments:
Israel's Ministry of Defense revealed a major achievement in an ongoing high-energy laser program with the Defense Research and Development Directorate (DDR & D). Investments in laser technology made by the department have allowed the laser beams to be focused precisely on long-range targets, overcoming atmospheric disturbances.

Market Drivers and Restraints:
The growing need for lasers, especially in the navy, regulations and legal impacts of DEWs have fueled the growth of the global directed energy weapons market. Also, the need for precision has contributed to the popularity of the market. However, the arms transfer policy and insufficient funding have limited this market growth. On the other hand, the increase in defense spending in many countries, as well as technological advances, are supposed to provide greater opportunities for major market players.

Impact of COVID-19:
Coronavirus can influence the worldwide economy in different ways, resulting in the temporary halt of manufacturing units. The directed energy weapons market was not exceptional and suffered some losses during the lockdown phase. However, the increasing tensions of war are supposed to act positively for this industry in future.

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Report is segmented as:
Market By Application
• Homeland Security
• Defense

Market By Technology
• High Energy Laser
• High Power Microwave
• Particle Beam

High energy laser (HEL) technology was one of the most applicable and preferred among other technologies for the development of directed energy weapons, which is likely to promote demand in this segment in the coming years.

Market By High Energy Laser System
• Chemical Laser
• Fiber Laser
• Free Electron Laser
• Solid -State Laser

Market By Products
• Lethal Products
• Non-lethal Products

Market By End -User
• Gun-shot
• Ship-based
• Land -vehicle
• Airborne

Geographical segmentation:
Based on geography, the global market is divided into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these regions, North America is supposed to dominate the market in the future due to advancements in war platform technology and increasing defense budgets. Most of the companies operating in the directed energy weapons market are based in the United States.

Key market players:
Global directed energy weapons market includes players such as Rafael Advanced Defense Systems, Lockheed Martin, BAE Systems, Northrop Grumman, Applied Companies, Textron, Raytheon, Moog, Inc. and MBDA. Northrop Grumman and Raytheon were key market players across the globe.

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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