Status : Published | Published On : May, 2024 | Report Code : VRAD12028 | Industry : Aerospace and Defense | Available Format : | Page : 196 |
The Global Directed Energy Weapon Market is expected to reach USD 10.6 billion in 2030 from USD 6.1 in 2023 billion with a compound annual growth rate CAGR of 18.9% throughout the forecast period 2025-2030.
Directed energy weapons are a type of electromagnetic or particle technology which use energy, as opposed to a physical projectile, to strike a target. In directed energy (DE) weapons concentrated electromagnetic energy is used instead of kinetic energy. Since 1960, The United States has been researching directed energy where some experts have observed that the Department of Defense (DOD) has invested billions of dollars in DE programs which have failed to reach maturity and were cancelled. However, recently the department of defense has made progress on directed energy weapons development. Since then, directed energy weapons development has continued. This department has also introduced a High Energy Laser Scaling Initiative, which seeks to strengthen the defense industrial base for directed energy weapons and improve laser beam quality and efficiency.
Market Segmentation
Insight by Product
Based on product, the Directed Energy Weapon Market is segregated into Non-Lethal and Lethal. The lethal division is projected to dominate the market as it focuses on military applications like electromagnetic bombs, plasma canons, microwave guns, plasma grenades, automatic shot guns and others.
Insight by Technology
The Directed Energy Weapon Market is segmented by technology as Laser Systems, Radio Frequency Systems and Particle Beam Systems. High energy laser technology segment is to dominate the market as there is a high demand for high energy laser technology and technological advancement.
Insight by Platform
On the basis of platform, the Directed Energy Weapon Market is segregated into Land, Sea and Air. The sea segment is expected to grow with the highest CAGR during the forecast period due to the robust defense expenditures and investments to integrate the directed energy weapon (DEW) technology into the naval vessels. Various governments decided to introduce directed energy weapons onboard combat ships like destroyers and frigates to neutralize enemy ships, UAVs, and missiles.
Insight by Range
Based on range, the Directed Energy Weapon Market is segmented into Less than 1 km and More than 1 km. Less than 1 km range directed energy weapon segment dominated the market as the potentially lethal effects are produced only within 100 meters range.
Insight by Application
The Directed Energy Weapon Market is segmented by application as Homeland security and Defense. The defense segment is anticipated to dominate the market as the armed forces and key market players around the world have been investing and adopting the next generation directed energy weapons through their federal budget.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. 6.1 |
Revenue Forecast in 2030 |
U.S.D. 10.6 |
Growth Rate |
18.9% |
Segments Covered in the Report |
By Product, By Technology, By Platform, By Range, By Application |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Asia-Pacific, Europe and Rest of the World |
Industry Dynamics
Growth Drivers
In the current scenario, due to increasing geopolitical tensions, there is rapid development and deployment of advanced directed energy technologies. Hence the defense sector is investing highly in the integration of advanced weapon systems, which ultimately drives the growth of this market. The increasing threat of rockets, missiles, unmanned air vehicles, etc., is accelerating the development and deployment of directed energy weapons. Presently, the major growth driver of the directed energy weapon market is the investment done in the advanced weapon systems due to geopolitical tensions between various countries. Also the integration of counter-UAV laser systems is adopted, which can be later scaled into complete air defense systems. Directed energy weapons offer a high-speed, highly accurate and more cost-effective method to counter aerial threats in comparison with highly expensive missile to destroy moderate-level threats. These are some of the factors driving the growth of the market.
Restraints
The main constraints of the directed energy weapon market are the high development cost and restrictions on anti-personnel laser. Increased barriers in designing military DEW systems are also a challenge for the growth of the directed energy weapons market during the forecast period 2025-2030. Efficiency of the directed energy weapons have been also affected as the integration between modern and conventional devices is difficult.
Geographic Overview
Geographically, Asia Pacific (APAC) shall dominate the Global Directed Energy Weapon Market as this technology is integrated into the Army, Navy, and Air Force as the demand for directed energy weapons is increased due to the increased border disputes and security threats like terrorists attacks.
Key Players Covered in the Report
The key players of the global Directed Energy Weapon Market are MBDA, Lockheed Martin Corporation, Rafael-Advanced-Defense-Systems, Rheinmetall AG, Northrop-Grumman, The Boeing Company, RTX Corporation, Raytheon-Technologies, BAE-Systems, Kratos-Defense-n-Security-Solutions, Leonardo.
Recent Development by Key Players
Kratos Defense & Security Solutions, Inc. revealed that Florida Turbine Technologies (FTT) is been selected as the engine design team for the Boom-led partnership working on Symphony. Symphony is a cutting-edge propulsion system tailored for Boom Supersonic’s Overture supersonic airliner.
RAFAEL and IMOD DDR&D collaborated for successful testing of the advanced SPYDER air defense system, which utilizes a distinctive “All in One” configuration. To achieve an accurate and effective direct impact, they intercepted a UAV within a challenging operational scenario during the test.
The global Directed Energy Weapon Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.
Segments Covered in the Report
Regions Covered in the Report
Source: VynZ Research
Source: VynZ Research
Purchase Options
Latest Report
Research Methodology
Connect With Our Sales Team
Directed Energy Weapon Market