Many Countries Presently Investing Heavily in Development of Directed Energy Weapons

Directed Energy Weapons Market is driven by increasing requirements for high precision weapons during riot control, North America dominates directed energy weapons market, directed energy weapons market grows with government initiatives for development of advanced weaponry for modern armed troop

The directed energy weapons market is primarily driven by the increasing requirements for high precision weapons during riot control, political disputes and various urban warfare applications globally. The directed energy weapons are demanded by various governments focusing on modernizing their military forces to assimilate them with changing urban warfare tactics. Moreover, directed energy weapons offer less expensive alternatives to ballistic and cruise missile threats as compared to their expensive and conventional counterparts. These factors boost the industry to focus on the development of these weapons.

Directed Energy Weapons Market Descripton at:
http://www.transparencymarketresearch.com/directed-energy-weapons-market.html

In terms of technology, the high energy lasers (HEL) segment held the highest revenue share in 2014. HEL is followed by high power microwaves (HPM) segment, which is also a observing significant growth globally. In terms of deployment, the naval based DEW systems are analyzed to witness fastest growth globally, registering a CAGR of 22% from 2014 to 2020. Furthermore, the non-lethal directed energy weapons are expected to grow at a CAGR of 22.4% over the forecast period from 2014 to 2020.

Geographically, North America is estimated to be leading the global directed energy weapons market with more than 50% market revenue share in 2013 and is expected to continue its dominance throughout the forecast period. The factors responsible for the dominance of the North America are escalating demand for riot control weapons and rising demands from land, air and naval based advanced weapons systems. The U.S. held the largest market for directed energy weapons in the world and is expected to continue its leading position throughout the forecast period. Asia Pacific is estimated to be the fastest growing region in the directed energy weapons market growing with a CAGR of 25.8% from 2014 to 2020. The report includes the market revenues of 16 major countries in the global directed energy weapons market.

PDF Brochure for Analysis on Directed Energy Weapons: http://bit.ly/1TVX0n2

The report provides company market share analysis of the leading industry participants. Key industry players have been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis and recent developments in the field of directed energy weapons. Major market participants profiled in this report include the BAE Systems Plc, Lockheed Martin, L-3 Integrated Optical Systems, Raytheon Missile Systems, The Boeing Corporation, Moog Inc., and Rafael Advanced Systems among others.


Contact Details

Company Name: Transparency Market Research
Issued By: TMR
Phone: +1-518-618-1030
Address: 90 State Street, Suite 700 Albany, NY 12207
City: Albany
State: New York
Zip: 12207
Country: United States
Website: Visit the website

Keywords : Directed Energy Weapons Market, Global Directed Energy Weapons Market, Directed Energy Weapons Market Size, Directed Energy Weapons Market Industry,

by TMR (few months ago!)

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