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Electromagnetic Weapons Market Poised to Surge, Anticipated Size to Reach $2.06 Billion by 2030

10-18-2023 08:15 PM CET | Science & Education

Press release from: Allied Market Research

Electromagnetic Weapons Market Trend

Electromagnetic Weapons Market Trend

Allied Market Research published a report, titled, "Electromagnetic Weapons Market by Type (Rail Guns, Coil Guns, and Electromagnetic Pulse Generators), Platform (Land-Based, Air-Based, and Sea-Based), and End User (Military and Homeland Security): Global Opportunity Analysis and Industry Forecast, 2021-2030."As per the report, the global electromagnetic weapons industry was pegged at $0.35 billion in 2020, and is expected to reach $2.06 billion by 2030, growing at a CAGR of 19.7% from 2021 to 2030.

โญ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-sample/15793

Rise in development of small and compact electromagnetic weapons for UAV, increase in usage of electromagnetic weapons in military combat activities, and rise in modernization of weapons for military platforms have boosted the growth of the global electromagnetic weapons market. On the contrary, limitation associated with anti-personnel high-powered microwaves and risk of high collateral damage by electromagnetic weapons restrains the growth to some extent. However, increase in demand from emerging economies and growth in investment in research and development of advanced electromagnetic weapons are expected to create lucrative opportunities in the industry.

The development of electromagnetic weapons has increased in the military sector. The factors such as increased military spending, rise in development of electromagnetic weapons, and advancements in technology are the are expected to propel the market growth. Electromagnetic weapons are being developed to disable electronic systems. These weapons bombard electronic systems with energy pulses to cause overloading and shut down. China, Russia, and the U.S. are actively pursuing these weapons to be added in their military arsenals.

๐“๐ก๐ž ๐ซ๐š๐ข๐ฅ ๐ ๐ฎ๐ง๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ-

Based on type, the rail guns segment contributed more than half of the global electromagnetic weapons market share in 2020, and is anticipated to rule the market by 2030, due to increased government investments in development of rail guns as they offer advantages such as long-range or extended munitions. Moreover, this segment is anticipated to register the fastest CAGR of 20.4% throughout the forecast period. The report also includes an analysis of EMP and coil guns segment.

โญ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ - https://www.alliedmarketresearch.com/electromagnetic-weapons-market/purchase-options

๐“๐ก๐ž ๐ซ๐š๐ข๐ฅ ๐ ๐ฎ๐ง๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ-

Based on platform, the sea-based segment contributed more than half of the global electromagnetic weapons market share in 2020, and is expected to rule the market by 2030, due to research and development programs in developed nations like U.S., for evolution of technologies to develop advanced naval electromagnetic weapons. Moreover, this segment is anticipated to register the fastest CAGR of 20.3% throughout the forecast period. The report also includes an analysis of land-based and air-based segment.

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ญ๐จ ๐ฅ๐ž๐š๐ ๐ญ๐ก๐ž ๐ญ๐ซ๐š๐ข๐ฅ ๐ข๐ง ๐ญ๐ž๐ซ๐ฆ๐ฌ ๐จ๐Ÿ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž-

By geography, North America garnered the major share in 2020, contributing to nearly half of the global electromagnetic weapons market. This is because of the high adoption of advanced weapons among government and military agencies in the region and increased government and military organizations' investment in development of advanced weapons due to rising security concerns. Simultaneously, the Asia-Pacific region would manifest the fastest CAGR of 21.5% throughout the estimated period. This is attributed to increasing investment in defense sectors and development of advanced weapons across the Asia-Pacific region to tackle growing terrorism and regional disputes in countries such as China and India.

๐‹๐ž๐š๐๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ-
Thales Group
Northrop Grumman Corporation
Lockheed Martin Corporation
Raytheon Technologies Corporation
BAE Systems
L3Harris Technologies, Inc.
Rheinmetall AG
The Boeing Company
Honeywell International Inc
Rafael Advanced Defense Systems Ltd.

โญ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/15793

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

๐Ÿ”†By type, the railgun segment is anticipated to exhibit significant growth in the near future.
๐Ÿ”†By platform, the sea-based segment is expected to register a significant growth during the forecast period.
๐Ÿ”†By end user, the military segment is anticipated to exhibit significant growth in the near future.
๐Ÿ”†By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐ƒ๐ž๐Ÿ๐ž๐ง๐ฌ๐ž ๐–๐ž๐š๐ฉ๐จ๐ง๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

https://www.alliedmarketresearch.com/smart-weapons-market - Smart Weapons Market : Global Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/fully-automatic-weapons-market-A08533 - Fully Automatic Weapons Market : Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/defensive-cyber-weapons-market-A10131 - Defensive Cyber Weapons Market : Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/electrical-weapon-market-A12805 - Electrical Weapon Market : Global Opportunity Analysis and Industry Forecast, 2023-2032

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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