Global Military Laser Systems Market 2017-2021

  • ID: 4332696
  • Report
  • Region: Global
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • BAE Systems
  • Boeing
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Thales
  • MORE
About Military Laser Systems

Laser is an acronym that stands for Light Amplification by Stimulated Emission of Radiation. These systems use directed beam of light radiation to focus on a target. Many defense organizations integrate laser systems with various types of sensors and platforms to illuminate, locate, track, and destroy a target.

Laser systems are considered ideal for defense against modern weapons as they project powerful energy beams over long distances and cause the elimination of possible threats within microseconds. These systems can be used for long-distance imaging and targeting. These systems can also be designed as directed-energy weapons (DEWs) to defend against missiles, nuclear weapons, and other DEWs.

The analysts forecast the global military laser systems market to grow at a CAGR of 7.75% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global military laser systems market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Military Laser Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • BAE Systems
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Thales
Other prominent vendors
  • Boeing
  • UTC Aerospace Systems
  • Kratos Defense and Security Solutions
Market drivers
  • Increasing success rates of laser systems on field
  • For a full, detailed list, view the full report
Market challenges
  • Limitations of current laser weapon systems
  • For a full, detailed list, view the full report
Market trends
  • Development of miniature laser designator for UAVs
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the Key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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FEATURED COMPANIES

  • BAE Systems
  • Boeing
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Thales
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global laser weapon systems market
  • Global laser radar systems market
  • Global laser target designators market
PART 07: Geographical segmentation
  • Market overview
  • Military laser systems market in Americas
  • Military laser systems market in EMEA
  • Military laser systems market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Emergence of directed-energy atmospheric lens concept
  • Development of miniature laser designator for UAVs
  • Use of laser weapons in future air combats
PART 11: Vendor landscape
  • Competitive scenario
PART 12: Key vendor analysis
  • BAE Systems
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Thales
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Subsystems and components of a typical military laser system
Exhibit 02: Segmentation of global military laser systems market
Exhibit 03: Global military laser systems market revenue 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global military laser systems market segmentation by product 2016 and 2021 (%)
Exhibit 06: Global military laser systems market segmentation by product 2016-2021 ($ billions)
Exhibit 07: Global laser weapon systems market 2016-2021 ($ billions)
Exhibit 08: Global laser radar systems market 2016-2021 ($ billions)
Exhibit 09: Global laser target designators market 2016-2021 ($ billions)
Exhibit 10: Global military laser systems market segmentation by geography for 2016 and 2021 (%)
Exhibit 11: Global military laser systems market segmentation by geography 2016-2021 ($ billions)
Exhibit 12: Military laser systems market in Americas 2016-2021 ($ billions)
Exhibit 13: Military laser systems market in EMEA 2016-2021 ($ billions)
Exhibit 14: Military laser systems market in APAC 2016-2021 ($ billions)
Exhibit 15: List of competitors in global military laser systems market
Exhibit 16: BAE Systems: Business segmentation by revenue 2016 (%)
Exhibit 17: Lockheed Martin: Business segmentation by revenue 2016 (%)
Exhibit 18: Northrop Grumman: Business segmentation by revenue 2016 (%)
Exhibit 19: Raytheon: Business segmentation by revenue 2016 (%)
Exhibit 20: Thales: Business segmentation by revenue 2016 (%)
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FEATURED COMPANIES

  • BAE Systems
  • Boeing
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Thales
  • MORE
New Report Released: – Global Military Laser Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global military laser systems market: BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, and Thales.

Other Prominent Vendors in the market are: Boeing, UTC Aerospace Systems, and Kratos Defense and Security Solutions.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Development of miniature laser designator for UAVs. Drones are being used for several military purposes such as communication; combat, search, and rescue; destruction of enemy air defense; electronic attack; intelligence, surveillance, and reconnaissance; and suppression of enemy air defense operations. Vendors are focusing on the development of mini or small size drones that offer greater maneuverability and swiftness in operation, which in turn, is leading to the development of mini-laser designators.”

According to the report, one of the major drivers for this market is Increasing success rates of laser systems on field. Several countries have been collaborating with vendors and investing in the R&D of laser systems. However, in many instances, it has been observed that these systems fail to induct in war zones owing to field test fiascos. This has often discouraged vendors, and the market has witnessed slow growth until a few decades back.

Further, the report states that one of the major factors hindering the growth of this market is Limitations of current laser weapon systems. Lasers beams travel at the speed of light, which is faster than the speed of any physical object and can hit the target in fractions of a second. However, before the laser beam is directed at a target, the targeting system of the weapon must locate the target. The weapon’s tracking system then guides a beam in the direction of motion or projectile of the target and must hold it on a precise point on the target for a long enough duration to burn a hole through it. As some of the weaponized attack systems, such as cruise missiles and ballistic missiles, travel at very high speeds, the current laser weapon systems fail to fix the precise point on such targets.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BAE Systems
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
  • Thales
  • Boeing
  • UTC Aerospace Systems
  • Kratos Defense and Security Solutions
Note: Product cover images may vary from those shown
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