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Global Lethal and Non-Lethal Directed Energy Weapons Market: The Future Growth Trajectory

20 Oct 2016
Global Lethal and Non-Lethal Directed Energy Weapons Market

The direct energy weapons market, keeping at par with evolution dynamics of the modern era, has transformed itself into a billion dollar industry. DEWs are rapidly evolving with increasing technological advancement and is gradually becoming more pervasive; thus, changing the structure of the defense industry. Recently, the UK Dragonfire group, Qinetiq and Leonardo-Finmeccanica, plan to develop a 50kW class directed energy weapon optimised for use on both land and sea. Laser weapons have key advantages over traditional systems: the munition is potentially unlimited, and it operates at the speed of light so the time from when you say “fire” to the weapon hitting its target is more or less instantaneous.

According to a statement issued by the group, the project builds on the significant MoD and Industry investment in the areas of laser coherent beam combining, weapon systems command and control, advanced pointing systems and high power storage. It is expected to put the UK at the forefront of laser weapon development. The high-powered laser system will be provided by QinetiQ, which is expected to conducting the trial itself at one of the ranges it manages for the MoD. Meanwhile, Leonardo Air and Space Systems (a division of Leonardo-Finmeccanica) will contribute the electro-optic beam director to the programme and support the trials and evaluation.

A number of other defence firms have revealed that they are developing and testing directed energy weapons in recent years. More recently, Lockheed Martin last year used a prototype 30kW laser weapon to disable a truck. Lockheed’s technology is based on laser beam combining – a technique in which beams from multiple fiber laser modules are combined to form a single, powerful, high quality beam.

BIS Research has also acknowledged the growing popularity of direct energy weapons and has released its meticulous report entitled: Global Lethal and Non-Lethal Directed Energy Weapons Market – Analysis & Forecast, 2015-2021. According to the analysis, the DEW market was estimated to be at $5.81 billion in 2015. These weapons are increasingly preferred because of its operational advantages in comparison with conventional weapons.

This report identifies the global lethal and non-lethal directed energy weapons market in different segments such as product, technology, application, and geography. The market size of the sub segments of the above mentioned divisions is also included in the report. The report also highlights the year-on-year growth of the market. It examines the prime supply and demand side factors affecting the growth of the market along with the current and future trends in directed energy weapons market.

The study also presents a detailed examination of directed energy weapons market along the lines of market drivers, restraints, growth opportunities, and challenges. It also highlights the value chain and evolution of the directed energy weapons in the industry with a major focus on technology roadmap. A detailed competitive analysis has been included in this report which focuses on the key market developments & strategies followed by the key players in the market. This section comprises of a thorough research and development (R&D) analysis of the leading players.

Directed energy weapons market analysis and forecast with respect to various technologies such as high energy laser, high power microwave and particle beam among others garner major emphasis in the report. Directed energy weapons market has been analyzed for all geographies including North America, Europe, Asia-Pacific, and Rest of the World with further analysis with respect to several major countries. Several ongoing programs for advancement of directed energy weapons are included in this report
The key market players are analyzed and profiled in detail in the report. This section covers the business financials, company snapshots, key products & services, major developments, future programs (if any), and finally, the individual SWOT analysis.

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