Global Directed Energy Weapons Market to Receive Substantial Boost due to Low Operational Costs

Directed energy weapons (DEW) emits highly focused energy towards a target object or individual in order to damage or disable it. These weapon systems can be either lethal or non-lethal based on their application areas. A DEW system can be deployed in all three formats: land based, naval, and airborne.

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The Global Directed Energy Weapons Market will expand at an impressive 20.80% CAGR during the forecast period from 2014 to 2020. In 2013, the global directed energy weapons market was worth more than US$1.4 bn and by 2020, the market is projected to be worth over US$5.2 bn.

The global directed energy weapons (DEW) market is driven by the increasing demand for high-precision weapons facilitating the needs of armed troops during warfare and reducing collateral damage, preventing the loss of civilian lives. The possible usage of directed energy weapons to prevent missile attacks by targeting, tracking, and eliminating the missiles effectively from a safe distance will also propel the market. The growing number of R&D initiatives undertaken by several government and non-government organizations will also boost the global directed energy weapons market. Other drivers of the global directed energy weapons market are the growing efforts for prevention of insurgency and support for anti-terrorism operations and growing demand for weaponry for crowd control. Nevertheless, the global directed energy weapons (DEW) market will be suppressed by the rising defense budget cuts observed around the world. Moreover, the influence of humanitarian groups against the use of such weapons will also challenge the global directed energy weapons market.

Key Segments of the Global Directed Energy Weapons Market

Global Directed Energy Weapons Market, 2014 - 2020: By Technology

High Energy Lasers
High Power Microwaves
Particle Beams

The segment of high energy lasers (HEL) led the global directed energy weapons market in 2014, followed by high power microwaves (HPM)

Global Directed Energy Weapons Market, 2014 - 2020: By Deployment

Airborne
Land Based
Naval

The segment of naval DEW is projected to expand at the highest CAGR of 22.0% during the forecasting horizon.

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Global Directed Energy Weapons Market, 2014 - 2020: By Weapon Type

Lethal
Non-Lethal

The non-lethal directed energy weapons segment is expected to expand at a remarkable 22.40% CAGR during the forecast period.

Global Directed Energy Weapons Market, 2014 - 2020: By Geography

North America
U.S.
Canada
Mexico

Europe
UK
Italy
France
Germany
Russia
Rest of Europe

Asia Pacific
China
India
Japan
Rest of APAC

Rest of the World
Middle East and Africa (MEA)
Saudi Arabia
UAE
Israel
South Africa
Rest of MEA
South America
Brazil
Rest of South America

North America led the Global Directed Energy Weapons Market with a share of more than 50% and is projected to continue its dominance during the forecasting horizon. The North America DEW market benefits from the high demand for riot control weapons and growing demand for air, land, and naval-based advanced weapons systems. In the North America directed energy weapons market, the U.S. held the largest share and is projected to continue to lead the market in the foreseeable future.

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