North America Directed Energy Weapons Market Overview, Top Key Players, Market Growth Analysis by Forecast to 2028
The directed energy weapons market in North America is
expected to grow from US$ 813.18 million in 2022 to US$ 2,705.66 million by
2028. It is estimated to grow at a CAGR of 22.2% from 2022 to 2028.
Surging Vendors
Focusing on Developing High-Energy DEWs
Armed military forces are increasing their investment in directed
energy weapons, including microwave and high-energy laser weapons, as the
technology develops. There is a rise in demand for high-energy directed energy
weapons, and the investments are surging to billions of dollars every year.
High-energy laser weapons are preferred to high-powered microwaves for
longer-range requirements. Due to rising geopolitical tensions, there is an
increase in the procurement of new high-energy laser weapons by developed and
emerging nations.
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The US military is highly investing in the integration of advanced
weapons systems such as high-energy laser weapons mounted on vehicles, which is
driving the market. For instance, the US military has developed high-energy
directed weapons in 2019 with pinpoint accuracy, making high-power lasers one
of the most promising options. In 2019, the US. Air Force deployed its first
High Energy Laser Weapon System (HELWS) developed by Raytheon Intelligence
& Space. Moreover, Lockheed Martin provided a high energy laser (HEL) to
the US Navy for installation on its warships. Further, in August 2022, the U.S.
Navy secured delivery of a high-energy laser weapon called HELIOS from defense
company Lockheed Martin.
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Lockheed Martin Corporation
Thales Group
L3Harris Technologies, Inc.
Elbit Systems Ltd.
Raytheon Technologies Corporation
BAE Systems
Honeywell International Inc.
Rheinmetall AG
Moog Inc.
The increasing focus on cost-effectiveness is another significant driver of
the DEW market. While the initial investment in DEW systems can be high, the
operational cost per engagement is significantly lower than that of traditional
kinetic weapons. This is particularly important for high-volume engagements,
such as C-UAS operations. The reduced logistical burden associated with DEWs,
such as the elimination of ammunition resupply, further contributes to their
cost-effectiveness.
The global DEW market is characterized by
intense competition among major defense contractors and research institutions.
Companies are investing heavily in research and development to enhance the
performance, reliability, and affordability of DEW systems. Strategic
partnerships and collaborations are also playing a crucial role in accelerating
the development and deployment of DEWs. The U.S. Department of Defense, through
agencies like the Defense Advanced Research Projects Agency (DARPA) and the
Office of Naval Research (ONR), has been a major driver of DEW research and
development. Other countries, including China, Russia, and Israel, are also
investing heavily in DEW technologies.
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