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Global Military Laser System Market: By Technology: Solid State Lasers, Gas Lasers, Others; By Application: Directed Energy Weapons, Guidance Systems, Laser Sights, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Military Laser System Market Outlook

The global military laser system market attained a value of USD 4.70 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 8.9% to reach USD 7.80 billion by 2027.

 

Growing Technological Advancements to Bolster the Global Market for Military Laser System

The military laser system industry is expected to witness a robust growth in the forecast years. This can be attributed to the rapid technological advancements and the rising investments in the development of advanced weaponry, such as the integration of artificial intelligence (AI) with military laser systems to create cognitive laser systems.

 

Global Military Laser System Market

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North America to Hold a Significant Share in the Military Laser System Industry

Geographically, North America is predicted to account for a significant market share of the military laser system industry. This can be associated with the increased focus of governments to strengthen the defence and military sector in countries such as the United States and others, which is leading to heightened investments in the research and development of the military infrastructure.

 

Military Laser System: Industry Definition and Segmentation

Military lasers are high performance military weapons. These are directed energy weapons based on lasers. They are continuous-wave lasers, that is, they can blast a target with a continuous beam of energy. These systems enhance force protection against unmanned aerial vehicles, artillery, mortar, and missile attack, among others. A laser can roughly move at the speed of light or 186,000 miles per second  without getting affected by the strong winds.

By technology, the military laser system industry can be segmented into:

  • Solid State Lasers
  • Gas Lasers
  • Others

The market can be broadly categorised, on the basis of application, into:

  • Directed Energy Weapons
  • Guidance Systems
  • Laser Sights, Designators, and Rangefinders
  • Others

The EMR report looks into the regional markets of military laser system like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Heightened Research and Development Activities to Augment the Military Laser System Industry Growth

The technological breakthroughs and the increased investments in research and development activities are predicted to aid the market growth in the forecast period. These military lasers are accurate for long distance applications. Furthermore, these systems can also be used in laser communication. In this regard, lasers deliver short pulses with low energy use. In military applications, laser systems are used to protect troops in the field from artillery shells, drones, and missiles, among others. In addition, military lasers do not produce miniature sonic booms, are noiseless, and cannot be discerned by humans. This is leading to an increased demand for military laser systems, which is predicted to aid the market growth in the coming years.

 

Key Industry Players in the Global Military Laser System Market

The report presents a detailed analysis of the following key players in the global military laser system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Lockheed Martin Corporation
  • Raytheon Technologies Corporation
  • Rafael Advanced Defense Systems Limited
  • The Boeing Company
  • Sigmund Lindner GmbH
  • Rheinmetall AG
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Technology, Application, Region
Breakup by Technology Solid State Lasers, Gas Lasers, Others
Breakup by Application Directed Energy Weapons, Guidance Systems, Laser Sights, Designators, and Rangefinders, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Lockheed Martin Corporation, Raytheon Technologies Corporation, Rafael Advanced
Defense Systems Limited, The Boeing Company, Sigmund Lindner GmbH, Rheinmetall AG, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Military Laser System Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Military Laser System Historical Market (2017-2021) 
    8.3    Global Military Laser System Market Forecast (2022-2027)
    8.4    Global Military Laser System Market by Technology
        8.4.1    Solid State Lasers
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Gas Lasers
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Others
    8.5    Global Military Laser System Market by Application
        8.5.1    Directed Energy Weapons
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Guidance Systems
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Laser Sights, Designators, and Rangefinders
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Military Laser System Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13    Trade Data Analysis
    13.1    Major Exporting Countries
        13.1.1    By Value
        13.1.2    By Volume
    13.2    Major Importing Countries
        13.2.1    By Value
        13.2.2    By Volume 
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Lockheed Martin Corporation
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Raytheon Technologies Corporation
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Rafael Advanced Defense Systems Limited
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    The Boeing Company
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Sigmund Lindner GmbH
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Rheinmetall AG
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Others
15    Industry Events and Developments

 

List of Figures and Tables

1.    Global Military Laser System Market: Key Industry Highlights, 2017 and 2027
2.    Global Military Laser System Historical Market: Breakup by Technology (USD Billion), 2017-2021
3.    Global Military Laser System Market Forecast: Breakup by Technology (USD Billion), 2022-2027
4.    Global Military Laser System Historical Market: Breakup by Application (USD Billion), 2017-2021
5.    Global Military Laser System Market Forecast: Breakup by Application (USD Billion), 2022-2027
6.    Global Military Laser System Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Military Laser System Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Military Laser System Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Military Laser System Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Military Laser System Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Military Laser System Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Military Laser System Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Military Laser System Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Military Laser System Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Military Laser System Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Military Laser System Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Military Laser System Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    North America Historical Price Trends and Forecast 2017-2027
19.    Europe Historical Price Trends and Forecast 2017-2027
20.    Asia Pacific Historical Price Trends and Forecast 2017-2027
21.    Latin America Historical Price Trends and Forecast 2017-2027
22.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
23.    Major Exporting Countries by Value
24.    Major Importing Countries by Value
25.    Major Exporting Countries by Volume
26.    Major Importing Countries by Volume
27.    Global Military Laser System Market Structure

Key Questions Answered in the Report

In 2021, the global military laser system market attained a value of nearly USD 4.70 billion.

The market is projected to grow at a CAGR of 8.9% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 7.80 billion by 2027.

The major drivers of the industry, such as the rapid technological advancements, rising border tensions, increasing investments by the governments in the development of military infrastructure, and growing innovations are expected to aid the market growth.

The key market trends guiding the growth of the industry include the growing investments by key players in the research and development of military laser systems.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different technologies include solid state lasers, gas lasers, and others.

The major applications include directed energy weapons, guidance systems, and laser sights, designators and rangefinders, among others.

The major players in the industry are Lockheed Martin Corporation, Raytheon Technologies Corporation, Rafael Advanced Defense Systems Limited, The Boeing Company, Sigmund Lindner GmbH, and Rheinmetall AG, among others.

Analyst Review

The global military laser system market attained a value of USD 4.70 billion in 2021, driven by the growing expenditure in the research and development of advanced military laser systems. Aided by the rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.9%. The market is projected to reach USD 7.80 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the military laser system industry can be segmented into solid state lasers, gas lasers, and others. On the basis of application, the market can be broadly categorised into directed energy weapons, guidance systems, and laser sights, designators and rangefinders, among others. The major regional markets for military laser system are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Lockheed Martin Corporation, Raytheon Technologies Corporation, Rafael Advanced Defense Systems Limited, The Boeing Company, Sigmund Lindner GmbH, and Rheinmetall AG, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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