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Global Military Laser System Market Size, Share, Forecast: By Technology: Solid State Lasers, Gas Lasers, Others; By Application: Directed Energy Weapons, Guidance Systems, Laser Sights, Designators, and Rangefinders, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Military Laser System Market Outlook
The global military laser system market attained a value of USD 5.57 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.8% to reach USD 11.95 billion by 2032.
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.
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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: Market 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.
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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.
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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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Military Laser System Market Analysis
8.1 Key Industry Highlights
8.2 Global Military Laser System Historical Market (2018-2023)
8.3 Global Military Laser System Market Forecast (2024-2032)
8.4 Global Military Laser System Market by Technology
8.4.1 Solid State Lasers
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Gas Lasers
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Military Laser System Market by Application
8.5.1 Directed Energy Weapons
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Guidance Systems
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Laser Sights, Designators, and Rangefinders
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Military Laser System Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Military Laser System Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Military Laser System Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Military Laser System Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Military Laser System Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Military Laser System Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Lockheed Martin Corporation
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Raytheon Technologies Corporation
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Rafael Advanced Defense Systems Limited
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 The Boeing Company
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Sigmund Lindner GmbH
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Rheinmetall AG
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Military Laser System Market: Key Industry Highlights, 2018 and 2032
2. Global Military Laser System Historical Market: Breakup by Technology (USD Billion), 2018-2023
3. Global Military Laser System Market Forecast: Breakup by Technology (USD Billion), 2024-2032
4. Global Military Laser System Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Military Laser System Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Military Laser System Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Military Laser System Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Military Laser System Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Military Laser System Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Military Laser System Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Military Laser System Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Military Laser System Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Military Laser System Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Military Laser System Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Military Laser System Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Military Laser System Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Military Laser System Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
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 2023, the global military laser system market attained a value of nearly USD 5.57 billion.
The market is projected to grow at a CAGR of 8.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 11.95 billion by 2032.
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 5.57 billion in 2023, 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 2024-2032, growing at a CAGR of 8.8%. The market is projected to reach USD 11.95 billion by 2032.
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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