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The global military laser systems market grew at a CAGR of 7% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A military laser system refers to defense equipment that is widely adopted for various military-based applications ranging from lethal activities to detecting a range of objects. Some of the common product variants include semiconductor lasers, dye lasers, chemical lasers, etc. Military laser systems are primarily integrated with directed energy weapons, missile guidance equipment, laser sights, designators, rangefinders, etc.
A significant rise in geopolitical conflicts and terrorism activities across the globe is primarily driving the demand for military laser systems. Furthermore, the growing adoption of various laser-based military solutions, including offensive laser systems, perimeter breach detection systems, laser countermeasure systems, etc., in threat mitigation and weapon guidance applications is also propelling the market growth. Additionally, the increasing investments in the defense sector coupled with the introduction of various military modernization programs are further augmenting the global market. Moreover, the rising inclination towards communication navigation surveillance (CNS) systems to improve situational awareness and reduce the workload of military personnel is also catalyzing the demand for military laser systems. Besides this, the emergence of artificial intelligence (AI) has enabled the production of innovative laser equipment with advanced monitoring, targeting, and information-gathering systems, thereby propelling the market growth. In addition to this, the growing installation of military laser systems on remotely operated underwater vehicles (ROVs) and unmanned combat aerial vehicles (UCAV) will continue to drive the global market over the forecasted period.
IMARC Group provides an analysis of the key trends in each sub-segment of the global military laser systems market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product type, technology, application and end use.
Breakup by Product Type:
Breakup by Technology:
Breakup by Application:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being BAE Systems PLC, Coherent Inc., Elbit Systems Ltd., Lockheed Martin Corporation, MKS Instruments Inc., Northrop Grumman Corporation, Rafael Advanced Defense Systems Limited, Raytheon Technologies Corporation, Thales Group and The Boeing Company.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Technology, Application, End Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||BAE Systems PLC, Coherent Inc., Elbit Systems Ltd., Lockheed Martin Corporation, MKS Instruments Inc., Northrop Grumman Corporation, Rafael Advanced Defense Systems Limited, Raytheon Technologies Corporation, Thales Group and The Boeing Company|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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