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Directed-energy and Military Laser Market Size & Share - Industry Trend and Forecast 2018 - 2026
Posted: Jul 08, 2019
Directed energy offers a transformational change in the defense industry to counter the disruptive & asymmetric threats while facing the increasingly sophisticated traditional challenge. High power microwaves offers capabilities in the anti-sensor application. Solid state lasers does promise of providing lighter and smaller system along with deep magazines.The growth of directed-energy and military laser market is highly reliant on the rising demand of military expenditure on laser based weapon system.
Continuously increasing demand for the high energy laser weapon system is acting as a major growth driver for the directed-energy and military laser market. Therefore, the advancement in the advanced beam control and fiber based spectral beam combination is also one of the key factor anticipated to catalyze the growing demand of directed-energy and military laser market during the forecast period. In addition, growing demand for the laser weapon system, radio frequencies and other types of directed energy technology for ground, air and sea platform is also anticipated to increase the demand of the directed-energy and military laser in the upcoming years. In turn this is also projected to affect the directed-energy and military laser market in a positive manner during the forecast period.
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In spite of many driving factors, the directed-energy and military laser market is expected to show a shrink and fluctuation in growth rate because of it’s weakness against dust, water vapor and other obscurants. Lack of mobility is also acting as one of the major constraint for the directed-energy and military laser market. Mere transportability with considerable effort are also acting as restraining factor for the directed-energy and military laser market. Continuous growth from low power commercial laser to 30 kw & 60 kw laser system for military application is expected to act as key opportunities for the directed-energy and military laser market.
For the purpose of doing in depth analysis, the directed-energy and military laser market has been segmented on the basis of type, technology, application and geography. Based on the type the directed-energy and military laser market has been segmented into six categories those are gas lasers, chemical lasers, fiber lasers, excimer lasers, solid state lasers and others. Based on the technology, the directed-energy and military laser market has been segmented into five segments they are laser range finder, laser altimeter, LIDAR, laser weapon technology and others. Based on the application the directed-energy and military laser market can be segmented into five categories those are industrial, defense, medical, research and others.
Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and Latin America. By application, the defense sector is expected to capture largest market share in the forecast period. Advance test high energy assets system along with the growing adoption of laser beam control concept is estimated to drive the sale of directed-energy and military laser market. Geographically, the directed-energy and military laser market is mainly driven by North America region. Significant increase in the spending in military expenses in the U.S. has been driving the market of directed-energy and military laser market in North America. U.S. is leading the directed-energy and military laser market in North America.
Some of the leading players operating in the directed-energy and military laser market includes Alltec Gmbh, Applied Companies Inc., Bae Systems Plc, Boeing Company, Coherent Inc., Dilas Diodenlaser Gmbh, Epilog Corporation, Jenoptik Ag, L-3 Technologies, Lockheed Martin Corporation, Newport Corp. and Northrop Grumman Corporation among others.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materia