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.

📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/BMIRE00027497

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.

📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/north-america-directed-energy-weapons-market

𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

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.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications


𝐀𝐮𝐭𝐡𝐨𝐫’𝐬 𝐁𝐢𝐨:

𝐒𝐰𝐢𝐭𝐢 𝐏𝐚𝐭𝐢𝐥

𝐒𝐞𝐧𝐢𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐄𝐱𝐩𝐞𝐫𝐭


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