Global Directed Energy Weapon Market Size,Share,Analysis,Growth,Trend-2023
Global Directed Energy Weapon Market – Overview
According to a recent study report published by Market Research Future, the global market for
Directed Energy Weapon market will grow at a rapid pace over the forecast period. The market
is expected to witness slow but steady growth until 2023, which will be a growing fast at a
moderate CAGR during the forecast period (2017 -2023).
The high demand for directed energy weapon market is due to the growing need for high quality,
integrated, precise and cost-effective energy weapons by defense forces, thus increasing the
participation of manufacturers. Rapid technology advancement, along with the increased focus of
OEMs on strengthening aircraft capabilities, is expected to result in an increase in aircraft
expenses and add to the growth of the market. However, high development cost of the weapons
and susceptibility to degradation by external environments act as a barrier to the growth of
directed energy weapon market.
Directed energy weapon is the weapon that emits highly focused energy, consists of laser,
microwave, and particle beams, to damage the target. Several applications such as anti-
personnel weapon systems, and missile defense systems, have used the weapons for defense
purpose such as chemical, biological, radiological and nuclear emergencies. This has
consequently resulted in increased R&D expenditure for the development of directed energy
Moreover, factors responsible for the growth of directed energy weapon market are high demand
for lethal weapons and laser weapons, and increasing spending on defense expenses. This is the
primary factor that drives the growth of the global directed energy weapon market and has gained
prevalence in the recent times, with the usage of best in class technologies in the aircraft sectors.
Thus, the growth of the directed energy weapon market is expected to go hand in hand with the
growth of investment in the military se