Directed Energy Weapons Market Research Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2032

Directed Energy Weapons Market Size Research Report – In a Glance

As per the Research report on global directed energy weapons market, the market is projected to foresee a CAGR of 25.45% between 2024-2032, and further generate a market size of USD 47.1 billion by the end of 2032. In the year 2023, the market size was valued at USD 20.21 billion.

• The global directed energy weapons market is projected to grow on account of the rising need to conduct successful combat operations.
• In Japan, the directed energy weapons market growth can be attributed to the increasing concern regarding nation security and defense.
• KDMI analyst’s growth analysis foresees integrating existing system with new technologies to challenge the market growth.
• The Asia Pacific directed energy weapons market is projected to dominate the global market.

Directed Energy Weapons Market Analysis

Directed energy weapons (DEWs) are a class of weapons that emit highly focused energy in the form of lasers, microwaves, or particles beams to disable or destroy targets. DEWs use directed energy to deliver accurate and instant effects, offering factors such as speed, accuracy, and reduced damages. These weapons have various military and defense scenarios application, including missile defense, counter-drone operations and anti-personnel purpose. In 2021, these weapons were increasingly being integrated into military platforms such as navy, army, airforce, and became more operational. Thales Group, QinetiQ Group PLC, Rheinmetall are some of the significant parties in the global market for directed energy weapons.

Analyst’s Observation on Japan Directed Energy Weapons Market Research

Japan made a strategic shift towards advanced defense technology and weapon development for the purpose of national security challenges and enhance military capabilities. The National defense budget of Japan depicts a significant increase of 16.5% in 2023, making a progress toward a goal outline in its 2022 National Security Strategy. The above-mentioned data represents a profitable investment for direct energy weapons market. BAE Systems PLC, Moog Inc., and Applied Companies, Inc.  are some of the significant parties in the market for directed energy weapons in Japan.

Directed Energy Weapon Market Growth Drivers and Challenges

Rising demand for Direct Energy Weapons to conduct successful combat operation:

The rising development and adoption of high-energy weapons to deal with the threats has become one of the most advanced technologies for the defense. The military requires a significant weapon that provides them with both precision and efficiency to combat operations. These weapons are being highly incorporated in the defense sector such as Army, Navy, AirForce, and Satellites. Moreover, many defense manufactures and integrators have been researching and developing new high-energy laser weapons and supplying them to the forces.

 Integrating existing systems with new technologies:

The integration of modern devices and technologies with the existing ones is a difficult yet challenging task that effects the efficiency of the direct energy weapons. The new devices work on different protocols that is difficult for the old devices to adopt. Additionally, issues related to modification, upgrades, cybersecurity and training may arise.

Directed Energy Weapons Market Segmentation

Our experts at KD Market Insights have segmented the global directed energy weapons market research report as:

Directed Energy Weapons Market Regional Synopsis

The Asia Pacific directed energy weapons market is majorly driven by the increasing security threats, economic development, and increased border disputes. Countries like China, India and Japan has been growing in recent years due to increased possibilities of terror attacks. According to the estimates, China and India are leading manufactures of directed energy weapons in this region, raising the growth of the market. The growing collaboration with the US and Asia Pacific countries for defense growth is fueling and driving the directed energy weapons market over the forecast period.

As per our analysts at KD Market Insights, the following five players lead the region having the highest market share directed energy weapons market growth:

• Lockheed Martin Corporation
• Northrop Grumman
• MBDA
• RTX Corporation
• L3Harris Technologies Inc

Directed Energy Weapons Market Competitive Landscape

Some of the key players who top the global directed energy weapons market share:

• Lockheed Martin Corporation
•  Northrop Gurmman Corporation
•  The Boeing Company
•  L3Harris Technologies, Inc.
•  Raytheron Technology Corporation
•  BAE Systems plc
• Rafael Advanced Defense Systems Ltd.
• Rheinmetall AG.
• MBDA.
• RTX Corporation.
• Moog Inc.
• Applied Companies, Inc.

Directed Energy Weapons Market Recent Developments

• L3Harris receives contract worth USD 40 million to provide 14 units of anti-drone weapons to Ukraine.
• Lockheed Martin and Rafael Advanced Defense Systems to jointly develop high-energy laser system for the IRON BEAM project.