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OBRC’s, "Global Directed Energy Weapons Market Research Report 2016" is an in depth study on current state of the directed energy weapons market. The research report includes a basic outline of the industry comprising definitions, classifications, applications and industry structure. The synopsis is professionally researched and articulated for the international markets gives an insight of the market via competitive landscape analysis, development trends and significant regionals analysis. Upcoming and current development plans and policies are examined, including manufacturing operations and cost framework.
A directed energy weapon systems, discharges a highly focused energyon to a target to damage it. Disabling cars, drones, watercrafts, electronic devices, armoured vehicles, and missile defence system are some of the applications of directed energy weapons.
According to OBRC analysis, the directed energy weapons system is projected to grow CAGR of 23.96% and reach $24.31billion between period 2016 to 2022.
The market driver for directed energy weapons are, growing demand for laser weapons systems in Navy, worldwide growth for non-lethal deterrents, changing nature of warfare from conventional to urban areas, legal implications and policy for directed energy weapons, precision target reach requirement. Commercializing the technology (outsourcing) will create immense opportunity for directed weapons system to grow.
Unlike conventional kinetic weapons, laser weapons have less cost per shot. They are directed by energy measured in terms of kilowatt. Threat from nation and anti-national elements are increasing. Navy throughout the world are looking forward to arm their destroyers, cruisers and other vessel with low cost ship board laser weapons in the near future. US has offered 12 month $53million deal to Northrop Grumman to build laser weapon system demonstrator by end of 2017. The contract can further extend up to $91million depending on the prototype being used.
Precision in warfare is a mustwanted capability in modern warfare. Directed energy weapons have the capability to bring result with precision. Directed energy weapons are in high demand especially in air to ground, ground to air, air to air combats. Directed energy weapons are much more cost effective starting with $23,000, considering cost per shot unlike using conventional bombs or missiles costing $3-60million.
The main challenge for directed energy weapons system is the component improvement and system integration, susceptibility to degradation due to atmosphere, and technical challenges towards developing high energy sources. Lack of testing facility, lack of funding, regulation with respect to arms transfer, and high production cost are some the factors that hinder the growth of directed energy weapons market.
The research report is segmented in terms of application, technology, high energy laser system and end user. Technology is further sub segmented into high energy laser technology, high power microwave technology, and particle beam weapons. Particle beam weapons uses high energy beam of atomic particles to destroy a target by disrupting its molecular or atomic structure. By high energy laser system it is further divided into fibre laser, free electron laser, solid state laser, and chemical laser. The active laser medium used in solid state laser is solid. An example of solid state laser weapon is that XN-1 laser used by US Navy. Under application it is classified as homeland security and defence. Under end user is further divided as water based directed energy weapons, airborne directed energy weapons, terrestrial vehicles directed energy weapons, and gun directed energy weapons.
Some of the leading companies in directed energy weapons market are, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, The Boeing Company, L-3 Communications Holdings Inc., BAE Systems PLC., Textron Inc., Rheinmetall AG, QinetiQ Group PLC., and Moog Inc. The report provides comprehensive information like company profile, sales, revenue, market share and contact information.
On 19th September 2016, UK, Ministry of Defence, announced a £30million deal for making the laser directed energy weapons by MBDA UK Ltd and QinteQ Group PLC. The prototype of the weapon is to be delivered by 2019. US Navy, on 23rd June 2016, has announced to use their laser weapons systems (LaWS), for defence purpose. The weapon, a 30 kilowatt solid state laser also called as XN-1 laser has been mounted on USS Ponce
Based on geography the global directed energy weapons market is segmented as North America, Europe, Asia Pacific, Latin America, Middle East and Rest of the World.
North America is the largest market for directed energy weapons, followed by Europe. Government plans to modernize military, threats from national and international elements are the factors driving the growth of directed energy weapons market in North America and Europe. Increased defence spending from countries like US, France, UK, and Germany, will encourage production companies to set up units within the respective nations.
Asia Pacific and Latin America are the emerging market for directed energy weapons. Increased defence spending by countries like India, China, South Korea and Brazil are the main reason for growing opportunity in directed energy weapons. Cheap labour and support from government will create a favourable environment for companies to set up production unit in these countries.
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