Directed Energy Weapons Market Analysis- Size, Share, Growth, Industry Demand, Forecast, Application Analysis To 2022

Published On:July 11, 2017, 9:55 am

A directed-energy weapon (DEW) emits highly focused and coherent light energy. This energy is transferred towards the target to damage or destroy it. In directed energy weapons, there are basically two types; laser weapons and microwave weapons. Both of these types are part of electromagnetic spectrum and made of radio waves and light. The range of microwave weapons is between 300MHz to 300GHz, Some examples are vigilant eagle, Active Denial System, The effective radiated power (ERP), Bofors HPM Blackout etc. The laser energy weapons further classified into Electrolaser, Pulsed energy projectile, Dazzler.

Some examples are Boeing YAL-1, Project Excalibur, 1K17 Szhatie, Precision Airborne Standoff Directed Energy Weapon, High Energy Liquid Laser Area Defense System, Tactical High Energy Laser (THEL), Free-electron laser (FEL), Silent Hunter etc. various new research is going on in directed energy weapon segment, such as sonic weapons, particle-beam weapons, plasma weapons and  Long Range Acoustic Device (LRAD). The long range acoustic devices are designed to send warnings and messages over longer distances or higher volume. These weapons are considered to protect against asteroids.

In 2016, the Global Directed Energy Market was valued nearly USD 6.87 billion. It expected to grow rapidly and reach around USD 24.45 billion in 2022 with the terrific compound annual growth rate of 29% during forecast period of 2016 to 2022. A key driver prompting growth of the global Directed Energy Weapon market is the security from nuclear, biological, radiological, and chemical materials so that national security and civilian lives of a country can be saved. Also these weapons can help police, paramilitary forces and fire department employees to be more efficient in performing their parts. Rise in defense expenses by many nations and technological progresses are major factors. These factors will lead to grow sales and purchase of DEWs and fuels the growth of market. Weapons like the PHASR (personnel handling and stimulation response) emit infrared rays, which exhibits high accuracy and cause temporary harm are in demand worldwide. However, insufficient funding arms and transfer policy might restrain the market growth.

The Key designers and manufacturers of directed energy weapons includes companies, such as Moog Inc., The Raytheon Company (U.S.), Rafael Advanced Systems, Lockheed Martin (U.S.), Textron Inc., Northrop Grumman Corporation (U.S.), BAE Systems (U.K.). L-3 Communications Ltd (U.S.) and the Boeing Company (U.S.).  Geographically, the market is segmented into several key regions such as India, United States, Southeast Asia, Latin America, Africa, China, Japan and Europe.  On the basis of product, the market splits into types which are High Energy Laser, High Power Microwave and Particle Beam. By applications the market is classified into types which are airborne, naval, land based and gun shot.

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