Directed Energy Weapons Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Lethal Weapons, Non-Lethal Weapons); Technology (High Energy Laser Technology, High Power Microwave Technology, Particle Beam Weapons); End Users (Homeland Security, Defense); Application (Ship-Based Directed Energy Weapons, Airborne, Land Vehicles, Gun-Shot) and Geography

MARKET OVERVIEW

The DEW (Directed Energy Weapons) is an advanced technology used to destroy, damage, or incapacitate the target with highly focused energy. The technology uses microwaves or particle beams and lasers to generate the required energy. Increasing focus on high-energy high-precise systems is enhancing the industry growth. The laser weapon manufacturers offer innovative features for the defense to strengthen the land, air, and sea weapons arsenal and protect the nation against enemy threats such as UAV, mortar rounds, artillery shells, and rockets. Strengthening defense systems incurs a huge economical cost; still, each nation must improve its defense weapons for better protection against uncertain events, such as war and terrorism.
MARKET SCOPE

The "Global Directed Energy Weapons Market Analysis to 2028"? is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Directed energy weapons market with detailed market segmentation by product, technology, application, end users, and geography. The report provides key statistics on the market status of the leading Directed energy weapons market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

- On the basis of product, the market is segmented as lethal weapons and non-lethal weapons.
- On the basis of technology, the market is segmented as high energy laser technology, high power microwave technology, and particle beam weapons.
- On the basis of application, the market is segmented as ship-based directed energy weapons, airborne, land vehicles, and gun-shot.
- On the basis of end users, the market is segmented as homeland security and defense.

MARKET DYNAMICS
Drivers:

- Increasing Investment in weapon systems from developing as well as developed nations boost the market growth.
- Technological development in laser weapon system is catalyzing the directed energy weapons market.
Restraints:

- Low adoption of directed energy weapon systems in Asian countries.


REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Directed energy weapons market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Directed energy weapons market in these regions
IMPACT OF COVID-19 ON DIRECTED ENERGY WEAPONS MARKET
The outbreak of the COVID-19 has severely impacted the defense, aerospace, aviation, and other related industries. The minimal impact has been experienced by the market players due to certain regulations imposed by the governments on production and supply chain activities in first half of 2020. However, the directed energy weapons is emerging technology several countries such as India, China, the US, Russia, and the UK are investing strongly in the market. Post lockdown or from the second half of 2020 market regained its momentum and expected to continue in forecasted period of 2028. For instance, in 2021, Indian Defence Research and Development Organisation (DRDO) has announced new project to develop directed-energy weapon for naval, air, and land use.
MARKET PLAYERS

The report covers key developments in the Directed energy weapons market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Directed energy weapons market are anticipated to lucrative growth opportunities in the future with the rising demand for Directed energy weapons in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Directed energy weapons market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Boeing
- BAE Systems PLC
- Textron Inc.
- Rheinmetall AG
- L3Harris Technologies, Inc.
- Moog Inc.
- QinetiQ