Global Directed Energy Weapons Market Size, Share, Trends, & Growth Analysis Report – Segmented By Type (Non-Lethal Weapon and Lethal Weapon), Technology (Particle Beam Weapons, High Power Microwave Technology, and High Energy Laser Technology), Application (Homeland Security and Military), Platform (Naval, Ground-Based, and Airborne), and Regional (North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and Rest of the world) – Industry Forecast (2024 to 2029)

Updated On: June, 2024
ID: 9611
Pages: 175

Global Directed Energy Weapons Market Size (2024 to 2029)

The global directed energy weapons market is anticipated to reach USD 40.77 billion by 2029 from USD 11.39 billion in 2024, growing at a CAGR of 29.04% from 2024 to 2029.

The directed energy weapon emits highly concentrated energy and consists of a laser, microwave, and particle beams to destroy the target. Directed energy weapons are used to protect against nuclear, radiological, biological, and chemical tragedies to preserve national security. The rise in popularity of high-quality, integrated, accurate, and cost-effective energy weapons by defense forces is expected to stimulate the market during the forecast period. However, there are gaps in the operational performance of the targeted energy weapons market, such as the high cost of weapons development and vulnerability to degradation by the external environment. Directed energy weapons offer a variety of advantages, such as accuracy, low cost per shot, and scalable effects that will be useful across the entire spectrum of combat operations compared to conventional kinetic weapons. The strong growth of directed energy weapons in defense applications will ensure the disruptive change of war tactics in the military. Therefore, this has led to an increase in R&D spending to develop directed energy weapons.

MARKET DRIVERS

Y-o-Y growth in the demand for lethal and precise weapons drives the directed energy weapons market growth.

Huge investments in weapons development associated with its demonstration are expected to increase the world market during the forecast period. Directed Energy Weapons (DEW) are capable of selecting discrete targets. They operate at the speed of light and can have detrimental effects on personnel, facilities, and equipment. Such a weapon also emits a beam that includes acoustic energy, atomic particles, and electromagnetic energy. The changing nature of war in the global environment is expected to stimulate the world market during the forecast period. Additionally, directed energy weapons can damage the target with minimal damage. Other features such as effectiveness against fast-moving objects, coverage of multiple target areas, unlimited charger, and long-range and precise targeting are expected to impact the world market during the forecast period positively. Furthermore, the increase in protests, riots, political disputes, and conflicts is expected to positively impact world demand in the coming years. Therefore, the defense should be a heavy consumer of directed energy weapons.

MARKET RESTRAINTS

The high-cost arms transfer protocol is expected to hamper the global DEW market during the forecast period. In addition, development costs, including technological hurdles, are also significant challenges that will limit the global market during the forecast period.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

29.04%

Segments Covered

By Type, Technology, Application & Platform.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Lockheed Martin, Northrop Grumman, Raytheon, Rafael Advanced Defense Systems, Applied Companies, Textron, BAE Systems, MBDA, and Moog Inc.

 

SEGMENTAL ANALYSIS

Global Directed Energy Weapons Market Analysis By Type

The lethal products segment is expected to experience growth during the forecast period. These deadly items, primarily intended for military usage, include the rail gun, electromagnetic bombs (e-bombs), plasma cannon (electrothermal accelerator), microwave gun, plasma grenade, navy laser cannon, gun-launched guided projectile, automatic shotguns, and many more. In addition, lethal directed energy weapons are the subject of significant research, development, testing, and demonstration efforts.

Global Directed Energy Weapons Market Analysis By Technology

According to technology, the high-energy laser category accounted for the largest share in 2023. During the forecast period, this market sector is expected to expand at a CAGR of 19.06%. This expansion can be due to the simple installation of high-intensity laser weapons and sparse power requirements. In addition, they have almost no duration of flight compared to conventional munitions, allowing for more protracted decision-making and speedier reaction times.

Global Directed Energy Weapons Market Analysis By Application

The military is an avid user of energy weapons, and it is expected to continue dominating the market during the forecast period. Although the U.S. Department of Defense (DOD) regards directed-energy weapons as being "mainly used as a direct means to damage, disable, or destroy hostile equipment, facilities, and troops," homeland security also uses the weapons, but not as much as the military.

Global Directed Energy Weapons Market Analysis By Platform

The naval weapons are anticipated to grow the most during the forecast period. Weapons utilized in naval applications, such as on combat ships and submarines, are included in naval-directed energy weapon systems. Combat ships, submarines, and unmanned surface vehicles are further grouped into the naval sector. In addition, the Coast Guard and naval troops can protect water borders by using defense ships specially constructed for this purpose.

REGIONAL ANALYSIS

North America led the global market for directed energy weapons (DEW). The market was followed by Europe due to high demand from the defense sector along with significant investments in weapons. Asia-Pacific is expected to be the fastest-growing market over the outlook period. China has been the leading player in the market as the Indian market develops. Asian and Pacific countries are not only facing external threats, but internal conflicts are also increasing at a rapid rate. Terrorist threats are expected to boost regional demand for directed energy weapons. China is expected to be the primary market during the calculated period due to developments in laser defense. The Indian research organization DRDO (Defense Research and Development Organization) has plans to develop high-powered laser weapon technology. To improve the capacity of anti-ballistic missiles, India should develop the production of directed energy weapons (DEW) in the coming years. India is expected to emerge with a robust defense system during the forecast period.

KEY PLAYERS IN THE DIRECTED ENERGY WEAPONS MARKET

The global Directed Energy Weapons Market is concentrated with well-established players. Key players in the market include Lockheed Martin, Northrop Grumman, Raytheon, Rafael Advanced Defense Systems, Applied Companies, Textron, BAE Systems, MBDA, and Moog Inc. BAE Systems had the largest share of the Directed Energy Weapons Market in terms of sales and revenue in 2017.

RECENT HAPPENINGS IN THE GLOBAL MARKET

  • In January 2021, BAE Systems acquired the Collins Aerospace Military Global Positioning System and Raytheon Airborne Tactical Radios. These two companies are being sold to remove the antitrust regulatory requirements of the ongoing merger between Raytheon and United Technologies Corp.

DETAILED SEGMENTATION OF THE GLOBAL DIRECTED ENERGY WEAPONS MARKET INCLUDED IN THIS REPORT

This report on the global directed energy weapons market has been segmented and sub-segmented into the following categories.

By Type

  • Lethal Weapon
  • Non-Lethal Weapon

By Technology

  • Particle Beam Weapons
  • High-Power Microwave Technology
  • High-Energy Laser Technology

By Application

  • Military
  • Security

By Platform

  • Based Ground
  • Naval
  • Airborne

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

What are the primary drivers behind the growth of the Directed Energy Weapons market?

The growth of the DEW market is driven by increasing demand for advanced defense systems, rising geopolitical tensions, increased military spending, and the need for precise targeting without collateral damage. Technological advancements, such as solid-state lasers and the miniaturization of high-energy weapons, also contribute significantly to market expansion.

What are the key challenges facing the Directed Energy Weapons market?

The primary challenges include high development costs, technological limitations such as power management and beam control, safety and legal concerns, and uncertain regulatory frameworks. Furthermore, the integration of DEW into existing defense platforms remains complex and costly.

What impact is the Directed Energy Weapons market having on global defense strategies?

Directed Energy Weapons are reshaping defense strategies by providing non-lethal deterrence options, enhancing missile defense systems, and allowing for precise targeting without explosives. Their ability to operate at the speed of light gives military forces a significant tactical advantage in defensive and offensive operations.

How are governments and regulatory bodies influencing the Directed Energy Weapons market?

Governments, particularly in the U.S., China, and Russia, are investing heavily in DEW technologies as part of their national defense strategies. Regulatory bodies are grappling with safety concerns and international arms control agreements regarding the use of these weapons, which could affect deployment in certain regions.

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