Press release
Directed Energy Weapons Market Research 2024 - Outlook, Overview And Forecast To 2033
Directed Energy Weapons Market Research
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=7425&type=smp
According to The Business Research Company's, The directed energy weapons market size has grown exponentially in recent years. It will grow from $5.69 billion in 2023 to $7.13 billion in 2024 at a compound annual growth rate (CAGR) of 25.3%. The growth in the historic period can be attributed to emerging threats and security challenges, military modernization and defense budgets, geopolitical tensions, increased protection against drones and missiles, and non-lethal crowd control.
The directed energy weapons market size is expected to see exponential growth in the next few years. It will grow to $16.79 billion in 2028 at a compound annual growth rate (CAGR) of 23.9%. The growth in the forecast period can be attributed to cybersecurity and electromagnetic spectrum protection, increasing non-lethal civilian applications, increasing defense against hypersonic threats, commercial and civilian market expansion, and energy efficiency and cost reduction. Major trends in the forecast period include international arms control agreements, technological innovations, innovative solutions, strategic partnerships, and advancements in energy weapon technologies.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/directed-energy-weapons-global-market-report
Market Drivers and Trends:
The rising modernization and investment in military platforms drive the directed energy weapons market. A war for power is going on globally, which needs modernization and increased investment in military and defense. Every country wants to remain in power and compete with its competitors, so they are adopting advanced and modern weapons, such as directed energy weapons. For instance, in April 2023, according to the Stockholm International Peace Research Institute, a Sweden-based specialized institute, world military expenditure reached a new record high of $2,240 billion in 2022, which is an increase of 3.7% in real terms compared to 2021. The top three spenders in 2022 were the United States, China, and Russia, accounting for 56% of the world total. The United States remained the world's largest military spender, with a budget of $877 billion, which was 39% of the total global military spending. Therefore, such investments in military and defense will propel the directed energy weapons market.
Technological advancement is a key trend gaining popularity in the directed energy weapons market. The major companies operating in the directed energy weapons market focus on developing weapons integrated with artificial intelligence. Artificial intelligence will enable systems for comprehensive networking of command, control, and communication for weapons like hypersonic weapons. For instance, in June 2022, Chinese military researchers claimed to have created artificial intelligence technology that can predict a hypersonic glide missile's trajectory as it closes in on a target at a speed greater than five times the speed of sound.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Boeing Co., BAE Systems PLC, L3Harris Technologies Inc., Rheinmetall AG, Thales Group, Leonardo S.p.A., Missile and Missile Systems activities of Aérospatiale-Matra, QinetiQ, General Atomics, Rafael Advanced Defense Systems Ltd., Dynetics Inc., Kord Technologies Inc., Applied Research Associates Inc., BlueHalo LLC, EaglePicher Technologies, Radiance Technologies Inc., Saab AB, Textron Inc., Moog Inc., Elbit Systems Ltd., Honeywell International Inc., Kratos Defense & Security Solutions Inc., Orbital ATK, Photonis Technologies SAS, Poly Plasma Inc.
Directed Energy Weapons Market 2024 Key Insights:
• The directed energy weapons market size is expected to see exponential growth in the next few years. It will grow to $16.79 billion in 2028 at a compound annual growth rate (CAGR) of 23.9%.
• Modernization And Military Investments Fuel Directed Energy Weapons Market
• Technological Advancement In Directed Energy Weapons Market
• North America was the largest region in the directed energy weapons market share in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=7425&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Directed Energy Weapons Market Research 2024 - Outlook, Overview And Forecast To 2033 here
News-ID: 3727696 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Directed
Key Influencer in the Directed Energy Weapons Market 2025: Modernization And Mil …
What combination of drivers is leading to accelerated growth in the directed energy weapons market?
The surge in modernization and capital allocation towards military platforms is fuelling the growth of the directed energy weapons market. Internationally, there is an ongoing power struggle that necessitates both modernization and amplified funding for the military and defense sectors. Each nation seeks to assert its power and effectively compete with its rivals, leading to the…
Directed Energy Weapons - Revolutionizing Modern Warfare
Introduction
Directed Energy Weapons (DEWs) represent a groundbreaking shift in modern military technology. Unlike traditional weapons that rely on projectiles, DEWs use focused energy, such as lasers, microwaves, or particle beams, to disable, destroy, or damage targets. These weapons offer significant advantages, including precision targeting, minimal collateral damage, and lower operational costs. As global security threats evolve, DEWs are becoming a critical component in the defense strategies of various nations, especially…
Key Emerging Trends in Directed Energy Weapons Market
According to a research report "Directed Energy Weapons Market by Technology (High energy lasers, High-power microwave, electromagnetic weapon technology, Sonic weapon technology), Platform (Land, Airborne, naval, Space), Application, Range, Product and Region - Forecast to 2026" published by MarketsandMarkets,The directed energy weapon market is valued at USD 4.3 billion in 2021 and is projected to reach USD 10.1 billion by 2026 at a CAGR of 18.7%.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19132295
The…
Self-Directed Investors: Implications for Wealth Managers; Understanding how sel …
Summary
Although advisory and discretionary asset management services are more profitable to wealth managers, they cannot afford to ignore the needs of clients who self-direct. Globally over a quarter of HNW wealth is invested independently of wealth managers’ mandates. Furthermore, a large chunk of assets already brought to wealth managers sits within execution-only platforms. Technological and regulatory changes in the financial services industry have affected the drivers for investors to self-direct…
Self-Directed Investors: Implications for Wealth Managers; Understanding how sel …
Summary
Although advisory and discretionary asset management services are more profitable to wealth managers, they cannot afford to ignore the needs of clients who self-direct. Globally over a quarter of HNW wealth is invested independently of wealth managers’ mandates. Furthermore, a large chunk of assets already brought to wealth managers sits within execution-only platforms. Technological and regulatory changes in the financial services industry have affected the drivers for investors to self-direct…
Self-Directed Investors: Implications for Wealth Managers; Understanding how sel …
Summary
Although advisory and discretionary asset management services are more profitable to wealth managers, they cannot afford to ignore the needs of clients who self-direct. Globally over a quarter of HNW wealth is invested independently of wealth managers’ mandates. Furthermore, a large chunk of assets already brought to wealth managers sits within execution-only platforms. Technological and regulatory changes in the financial services industry have affected the drivers for investors to self-direct…
