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North America 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)

  • ID: 5359970
  • Report
  • June 2021
  • Region: North America
  • 115 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • Boeing
  • Elbit Systems Ltd.
  • General Atomics
  • MBDA
  • Rheinmetall AG
Fiber Laser Segment to Dominate North America Laser Weapon Systems Market during 2020-2028



According to this research study titled “North America 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$ 2,645.09 million by 2028 from US$ 769.84 million in 2021. The market is estimated to grow at a CAGR of 19.3 % from 2021 to 2028. The report provides trends prevailing in the North America laser weapon systems market along with the drivers and restraints pertaining to the market growth. Growing investment in weapon systems and technological advancement in laser weapon system are the major factor driving the growth of the North America laser weapon systems market. However, less adoption of laser weapon systems hinders the growth of North America laser weapon systems market.

In case of COVID-19, North America is highly affected specially the US. The emergence of COVID-19 virus across the North America 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 across North America region. The recovery period of impact of COVID-19 in defense industry is foreseen to be quicker as compared to various other industries. The economic growth has lowered, which delayed the ongoing projects of military and defense up-gradation. The US is one of the major exporters of arms products, but due to the disrupted supply chain and lower economic conditions of importing countries, export revenue is reduced. Enhancing trade relations to support international supply post lockdown helped the market to regain its position. The limiting strength of the workforce due to the physical distancing model hampered the production activities in-country. Also, the disruption in defense electronics supply chain caused damage to the US laser weapon systems market.

The North America 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.

Applied Technology Associates; Boeing; Elbit Systems Ltd.; General Atomics; L3Harris Technologies, Inc.; Lockheed Martin Corporation; MBDA; Northrop Grumman Corporation; Raytheon Technologies Corporation; and Rheinmetall AG are among the leading companies in the North America 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, General Atomics and Boeing entered into a collaboration develop a prototype 300-kW missile defense laser for the Pentagon and a 250-kW airborne version with Boeing.

The report segments the North America Laser Weapon Systems Market as follows:

North America Laser Weapon Systems Market - By Type
  • Chemical Laser
  • Solid-State Laser
  • Free Electron Laser
  • Fiber Laser
North America Laser Weapon Systems Market - By Application
  • Air-based
  • Ground-based
  • Sea-based
North America Laser Weapon Systems Market - By Country
  • US
  • Canada
  • Mexico
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Boeing
  • Elbit Systems Ltd.
  • General Atomics
  • MBDA
  • Rheinmetall AG
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. North America 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
4.3 Ecosystem Analysis

5. North America Laser Weapon Systems Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Investment in Weapon Systems
5.1.2 Technological Advancement in Laser Weapon System
5.2 Market Restraints
5.2.1 Less Adoption of Laser Weapon Systems
5.3 Market Opportunities
5.3.1 Development of Laser Weapon System for Fighter Aircraft
5.4 Future Trends
5.4.1 Rising Demand of High-Energy Laser Weapon System
5.5 Impact Analysis of Drivers and Restraints

6. Laser Weapon Systems Market - North America Analysis
6.1 North America Laser Weapon Systems Market Overview
6.2 North America Laser Weapon Systems Market Revenue Forecast and Analysis

7. North America Laser Weapon Systems Market Revenue and Forecast To 2028 - By Type
7.1 Overview
7.2 North America 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. North America Laser Weapon Systems Market Analysis and Forecast To 2028 - By Application
8.1 Overview
8.2 North America 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. North America Laser Weapon Systems Market - Country Analysis
9.1 Overview
9.1.1 North America: Laser Weapon Systems Market, by Key Country
9.1.2 US: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1 US: Laser Weapon Systems Market, by Type
9.1.2.2 US: Laser Weapon Systems Market, by Application
9.1.3 Canada: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.3.1 Canada: Laser Weapon Systems Market, by Type
9.1.3.2 Canada: Laser Weapon Systems Market, by Application
9.1.4 Mexico: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
9.1.4.1 Mexico: Laser Weapon Systems Market, by Type
9.1.4.2 Mexico: Laser Weapon Systems Market, by Application

10. North America Laser Weapon Systems Market - COVID-19 Impact Analysis
10.1 North America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape
11.1 Overview
11.1.1 Market Initiative
11.1.2 Mergers and Acquisitions
11.1.3 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
12.9 Applied Technology Associates
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 General Atomics
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

List of Tables
Table 1. North America Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Laser Weapon Systems Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation

List of Figures
Figure 1. North America Laser Weapon Systems Market Segmentation
Figure 2. North America Laser Weapon Systems Market Segmentation - By Country
Figure 3. North America Laser Weapon Systems Market Overview
Figure 4. North America Laser Weapon Systems Market, by Type
Figure 5. North America Laser Weapon Systems Market, by Application
Figure 6. North America Laser Weapon Systems Market, By Country
Figure 7. Porter’s Five Forces Analysis
Figure 8. North America Laser Weapon Systems Market- Ecosystem Analysis
Figure 9. North America Laser Weapon Systems Market Impact Analysis of Drivers and Restraints
Figure 10. North America Laser Weapon Systems Market Revenue Forecast and Analysis (US$ Million)
Figure 11. North America Laser Weapon Systems Market, by Type (2020 & 2028)
Figure 12. North America Chemical Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Solid-State Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Free Electron Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Fiber Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Laser Weapon Systems Market, By Application (2020 & 2028)
Figure 17. North America Air-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Ground-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Sea-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America: Laser Weapon Systems Market, by Key Country - Revenue (2020) (USD Million)
Figure 21. North America: Laser Weapon Systems Market Revenue Share, by Key Country (2020 & 2028)
Figure 22. US: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Canada: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Mexico: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in North American Country Markets
Note: Product cover images may vary from those shown
  • Applied Technology Associates
  • Boeing
  • Elbit Systems Ltd.
  • General Atomics
  • L3Harris Technologies, Inc.
  • Lockheed Martin Corporation
  • MBDA
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Rheinmetall AG
Note: Product cover images may vary from those shown
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