Press release
Electromagnetic Weapons Market Poised to Surge, Anticipated Size to Reach $2.06 Billion by 2030
Electromagnetic Weapons Market Trend
โญ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - 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.
๐๐ก๐ ๐ซ๐๐ข๐ฅ ๐ ๐ฎ๐ง๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฒ ๐๐๐๐-
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.
โญ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ - https://www.alliedmarketresearch.com/electromagnetic-weapons-market/purchase-options
๐๐ก๐ ๐ซ๐๐ข๐ฅ ๐ ๐ฎ๐ง๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฒ ๐๐๐๐-
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.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐ฅ๐๐๐ ๐ญ๐ก๐ ๐ญ๐ซ๐๐ข๐ฅ ๐ข๐ง ๐ญ๐๐ซ๐ฆ๐ฌ ๐จ๐ ๐ซ๐๐ฏ๐๐ง๐ฎ๐-
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.
๐๐๐๐๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ-
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.
โญ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/15793
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
๐By type, the railgun segment is anticipated to exhibit significant growth in the near future.
๐By platform, the sea-based segment is expected to register a significant growth during the forecast period.
๐By end user, the military segment is anticipated to exhibit significant growth in the near future.
๐By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐๐๐ง๐ฌ๐ ๐๐๐๐ฉ๐จ๐ง๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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