Directed Energy Weapons Market Size to Reach USD 305.50 Billion in 2032 | Emergen Research

Vancouver, Nov. 23, 2023 (GLOBE NEWSWIRE) -- The Global Directed Energy Weapons (DEW) Market is forecasted to be worth USD 305.50 billion by 2032, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Directed Energy Weapons (DEW) by the defense agencies & intelligence bureau, growing adoption of the modern weaponry systems, increasing interest in the adoption of the DEW for the forthcoming combats, and rising interest upon the UAV, drones & missile destroyers, to name a few.

Besides, extensive rise in the cross-border conflict, broadening the number of the existing weaponry technology and updating them into the futuristic ones, and asymmetric warfare & intercountry border conflicts are some of the additional reasons behind the remarkable growth of the market. The laser-based DEW anti-drone system is expected to create higher enforcement into the market as many countries are deliberately developing or investing in the high-power laser-directed energy system for using against drones.

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The global market landscape of Directed Energy Weapons (DEW) is expected to remain in a very competitive and highly consolidated landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

Scope of Research

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MAJOR COMPANIES and Market Share Analysis

The market for Directed Energy Weapons (DEW) Market is mostly on the fragmented side, with a number of conglomerates as well as medium-sized & start-up companies, which account for a major global share of the market. The crucial players involved in the Directed Energy Weapons (DEW) Market are desegregated across the value chain. The key companies of the market are well-equipped with large production facilities and are also engaged in various research & development activities. Some of the prominent players in the market include:

• The Raytheon Company
• The Boeing Company
• BAE Systems
• Northrop Grumman Corporation
• Lockheed Martin
• L-3 Communications Ltd
• Moog Inc
• Thales Group
• Saab AB
• Israel Aerospace Industries

Strategic Development

In September 2020, The Defence Research and Development Organisation (DRDO) India revealed their strategy to build different variants of directed energy weapons of up to 100-kilowatt power for the future combats in collaboration with the Indian domestic organizations. The DEWS will make use of the high-energy lasers and high-powered microwave technologies such as chemical oxygen-iodine or high-power fiber precisely.

In December 2019, Leidos Holdings Inc. announced their plans to acquire Huntsville, Alabama's Dynetics, Inc. With this acquisition Leidos is expected to get the foothold in the emerging hypersonic and directed energy weapons.

In June 2020, Applied Technology Associates (ATA) revealed a contract for developing a target acquisition & tracking platform for the installation on a Stryker military ground vehicle being a part of U.S. Army initiative in order to increase the protection of the soldiers using laser weapon systems

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Some Key Highlights from the Report

• In December 2019, Leidos Holdings Inc. announced their plans to acquire Huntsville, Alabama's Dynetics, Inc. With this acquisition Leidos is expected to get the foothold in the emerging hypersonic and directed energy weapons.
• Higher applicability and increasing investment in the R&D of laser-based direct energy weapons have created a mentionable number of use cases and remarkable growth in the DEW market. The Laser sub-segment in the type of weapons systems segment had 61.2% market share in the year 2019.
• The regions in the Asia Pacific led by China, India, Israel, and South & North Korea are allotting a considerable budget for their defense & law enforcement grooming purposes. Besides, growing incidences of interpersonal stand-offs, asymmetric warfare, terrorist activities, preparation for the forthcoming combats, along with higher economic development and enhancement in the manufacturing industry & science & technology, deliberately help propel market enforcement.

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For the purpose of this report, Emergen Research has segmented into the global Directed Energy Weapons (DEW) Market on the basis of Type of Weapons Systems, Application, End-Users, Product, and Region:

• Type of Weapons Systems Outlook
  • Laser  
    1. Fiber Laser
    2. Free Electron Laser
    3. Solid-state Laser
    4. Chemical Laser
  • High-Power Microwave (HPM)         
  • High-Power Sonic (HPS)       
  • Particle Beam
• Application Outlook
  • Defense
  • Homeland Security
• End-Users Outlook (Revenue: USD Billion; Volume: Thousand Units; 2019-2032)
  • Marine-based
  • Land Vehicles
  • Airborne
  • Gun Shot
• Product Outlook (Revenue: USD Billion; Volume: Thousand Units; 2019-2032)
  • Lethal
  • Non-lethal
• Power Outlook (Revenue: USD Billion; Volume: Thousand Units; 2019-2032)
  • Up To 100 KW
  • More Than 100KW
• Range Outlook (Revenue: USD Billion; Volume: Thousand Units; 2019-2032)
  • Up To 100 meters
  • More Than 100 Meters
• Regional Outlook (Revenue: USD Billion; Volume: Thousand Units; 2019-2032)
  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Russia
    2. UK
    3. Germany
    4. France
    5. BENELUX
  • Asia Pacific
    1. China
    2. Japan
    3. India
    4. South Korea
    5. North Korea
    6. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • MEA
    1. Saudi Arabia
    2. UAE
    3. Israel
    4. Rest of MEA

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