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Europe Laser Weapon Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Chemical Laser, Solid-State Laser, Free Electron Laser, and Fiber Laser) and Application (Air-based, Ground-based, and Sea-based)

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    Report

  • 114 Pages
  • June 2021
  • Region: Europe
  • The Insight Partners
  • ID: 5359855
Ground-based Segment to Dominate Europe Laser Weapon Systems Market during 2020-2028





According to this research study titled “Europe Laser Weapon Systems Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application,” the market is expected to reach US$ 1,144.10 million by 2028 from US$ 365.49 million in 2021. The market is estimated to grow at a CAGR of 17.7 % from 2021 to 2028. The report provides trends prevailing in the Europe laser weapon systems market along with the drivers and restraints pertaining to the market growth. Growing technical developments in laser weapon system and mounting investment in weapon systems are the major factor driving the growth of the Europe laser weapon systems market. However, insufficient adoption of laser weapon systems hinders the growth of Europe laser weapon systems market.

In case of COVID-19, Europe is highly affected specially the UK. The emergence of COVID-19 virus across the Europe region has led to lockdown scenarios has pushed led the industry experts to analyze that the defense equipment manufacturing industry would face 4 weeks to 12 weeks of lag in military electronic part supply chain. This disruption in supply chain has damaged the defense equipment manufacturing in 2020. The recovery period of impact of COVID-19 in defense industry is foreseen to be quicker as compared to various other industries. The European laser weapon systems market also had minimal impact on the market growth throughout 2020 as the manufacturers of LaWS continues their operations during Q3 and Q4 of 2020. Several other countries such as Russia, Germany, and others also had a major count of cases daily, owing to which countries initiated a lockdown and social striction. The defense systems in the developed countries in the regions are actively involved in the military developments and strengthening it, which is expected to support the market in the COVID-19 situation but with inadequate strength of workforce. Several countries also are focused on supporting the healthcare system in their countries, which lowered the military spending in 2020, thereby, somewhat hampering the businesses of laser weapon systems market.

The Europe laser weapon systems market is segmented into type, application, and country. Based on type, the market is further segmented into chemical laser, solid-state laser, free electron laser, and fiber laser. The fiber laser segment dominated the market in 2020 and solid-state laser segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into air-based, ground-based, and sea-based. The ground-based segment dominated the market in 2020 and is also expected to be fastest growing during forecast period.

Boeing; Elbit Systems Ltd.; L3Harris Technologies, Inc.; Lockheed Martin Corporation; MBDA; Northrop Grumman Corporation; Raytheon Technologies Corporation; and Rheinmetall AG are among the leading companies in the Europe laser weapon systems market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Raytheon Technologies developed a high-energy laser weapon system.

The report segments the Europe Laser Weapon Systems Market as follows:

Europe Laser Weapon Systems Market - By Type
  • Chemical Laser
  • Solid-State Laser
  • Free Electron Laser
  • Fiber Laser

Europe Laser Weapon Systems Market - By Application
  • Air-based
  • Ground-based
  • Sea-based

Europe Laser Weapon Systems Market - By Country
  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe
Frequently Asked Questions about the European Laser Weapon Systems Market

What is the estimated value of the European Laser Weapon Systems Market?

The European Laser Weapon Systems Market was estimated to be valued at $365.5 Million in 2021.

What is the growth rate of the European Laser Weapon Systems Market?

The growth rate of the European Laser Weapon Systems Market is 17.7%, with an estimated value of $1144.1 Million by 2028.

What is the forecasted size of the European Laser Weapon Systems Market?

The European Laser Weapon Systems Market is estimated to be worth $1144.1 Million by 2028.

Who are the key companies in the European Laser Weapon Systems Market?

Key companies in the European Laser Weapon Systems Market include Boeing, Elbit Systems Ltd., L3Harris Technologies, Inc., Lockheed Martin Corporation, MBDA, Northrop Grumman Corporation and Rheinmetall AG.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Laser Weapon Systems Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.2.6 Ecosystem Analysis
5. Europe Laser Weapon Systems Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Mounting Investment in Weapon Systems
5.1.2 Growing Technical Developments in Laser Weapon System
5.2 Market Restraints
5.2.1 Insufficient Adoption of Laser Weapon Systems
5.3 Market Opportunities
5.3.1 Surging Development of Laser Weapon System for Fighter Aircraft
5.4 Future Trends
5.4.1 Burgeoning Demand of High-Energy Laser Weapon System
5.5 Impact Analysis of Drivers and Restraints
6. Laser Weapon Systems Market - Europe Analysis
6.1 Europe Laser Weapon Systems Market Overview
6.2 Europe Laser Weapon Systems Market Revenue Forecast and Analysis
7. Europe Laser Weapon Systems Market Revenue and Forecast To 2028 - By Type
7.1 Overview
7.2 Europe Laser Weapon Systems Market, By Type (2020 & 2028)
7.3 Chemical Laser
7.3.1 Overview
7.3.2 Chemical Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
7.4 Solid-State Laser
7.4.1 Overview
7.4.2 Solid-State Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
7.5 Free Electron Laser
7.5.1 Overview
7.5.2 Free Electron Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
7.6 Fiber Laser
7.6.1 Overview
7.6.2 Fiber Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Laser Weapon Systems Market Analysis and Forecast To 2028 - By Application
8.1 Overview
8.2 Europe Laser Weapon Systems Market, By Application (2020 & 2028)
8.3 Air-based
8.3.1 Overview
8.3.2 Air-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
8.4 Ground-based
8.4.1 Overview
8.4.2 Ground-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
8.5 Sea-based
8.5.1 Overview
8.5.2 Sea-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Laser Weapon Systems Market - Country Analysis
9.1 Overview
9.1.1 Europe: Laser weapon systems Market, by Key Country
9.1.2 France: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1 France: Laser Weapon Systems Market, by Type
9.1.2.2 France: Laser Weapon Systems Market, by Application
9.1.3 Germany: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.3.1 Germany: Laser Weapon Systems Market, by Type
9.1.3.2 Germany: Laser Weapon Systems Market, by Application
9.1.4 Italy: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.4.1 Italy: Laser Weapon Systems Market, by Type
9.1.4.2 Italy: Laser Weapon Systems Market, by Application
9.1.5 UK: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.5.1 UK: Laser Weapon Systems Market, by Type
9.1.5.2 UK: Laser Weapon Systems Market, by Application
9.1.6 Russia: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.6.1 Russia: Laser Weapon Systems Market, by Type
9.1.6.2 Russia: Laser Weapon Systems Market, by Application
9.1.7 Rest of Europe: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.7.1 Rest of Europe: Laser Weapon Systems Market, by Type
9.1.7.2 Rest of Europe: Laser Weapon Systems Market, by Application
10. Europe Laser Weapon Systems Market - COVID-19 Impact Analysis
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.1.1 Market Initiative
11.1.2 Product Launch
12. Company Profiles
12.1 Elbit Systems Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 L3Harris Technologies, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Lockheed Martin Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 MBDA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Northrop Grumman Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Raytheon Technologies Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Rheinmetall AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Boeing
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1. Europe Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Laser Weapon Systems Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. France: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. UK: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Russia: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Europe: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
List of Figures
Figure 1. Europe Laser Weapon Systems Market Segmentation
Figure 2. Europe Laser Weapon Systems Market Segmentation - By Country
Figure 3. Europe Laser Weapon Systems Market Overview
Figure 4. Europe Laser Weapon Systems Market, by Type
Figure 5. Europe Laser Weapon Systems Market, by Application
Figure 6. Europe Laser Weapon Systems Market, By Country
Figure 7. Porter’s Five Forces Analysis
Figure 8. Europe Laser Weapon Systems Market- Ecosystem Analysis
Figure 9. Europe Laser Weapon Systems Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Laser Weapon Systems Market Revenue Forecast and Analysis (US$ Million)
Figure 11. Europe Laser Weapon Systems Market, by Type (2020 & 2028)
Figure 12. Europe Chemical Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Solid-State Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Free Electron Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Fiber Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Laser Weapon Systems Market, By Application (2020 & 2028)
Figure 17. Europe Air-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Ground-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Sea-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe: Laser Weapon Systems Market, by Key Country - Revenue (2020) (USD Million)
Figure 21. Europe: Laser Weapon Systems Market Revenue Share, by Key Country (2020 & 2028)
Figure 22. France: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Germany: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Italy: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. UK: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Russia: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic in Europe Country Markets

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Boeing
  • Elbit Systems Ltd.
  • L3Harris Technologies, Inc.
  • Lockheed Martin Corporation
  • MBDA
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Rheinmetall AG