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Military Laser Systems Market Size, Share & Industry Growth Analysis Report by Application (Weapons and Non-weapons), Technology, Platform, End Use, Output Power - Global Growth Driver and Industry Forecast to 2028

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    Report

  • 263 Pages
  • April 2023
  • Region: Global
  • Markets and Markets
  • ID: 5785404

The global military laser systems market size is projected to grow from USD 5 billion in 2023 to USD 7.5 billion by 2028, at a CAGR of 8.7% during the forecast period. 

Directed Energy Weapon Segment: The largest share of the military Laser systems market by end use in 2023

The directed energy weapon segment held the largest share of the military Laser systems market by end use in 2023. The defense sector witnessed increases in the integration of directed energy weapons on military platforms such as naval ships, fighter aircraft, armoured vehicles, and satellites. In recent decades, several defense manufacturers and integrators have been researching and developing laser weapons, which are now widely being rapidly adopted ing by several defense forces to enhance their defense capabilities.

In March 2021, Raytheon Intelligence & Space was awarded a USD 15.5 million contract by the US Air Force Lifecycle Management Center to build and deliver an upgraded version of its high-energy laser weapon system, or HELWS. Moreover, In January 2021, Rheinmetall AG and MBDA won a contract to develop a naval laser weapons system for the German Navy. In addition, in August 2022, Lockheed Martin Corporation delivered the high-energy laser to US Navy. The high energy laser weapon was installed on warships, which is a 60KW+ laser and is officially known as High Energy Laser Integrated Optical-Dazzler and Surveillance (HELIOS).

10-100 kW Segment: The largest segment of the military Laser systems market by output power in 2023

The 10-100 kW segment has the largest segment of the military Laser systems market by output power in 2023. The laser systems that generate an output power of 10-100 kW are widely used in target acquisition, tracking, and destruction, as well as communication and sensing applications. In the military, 10-100 kW laser systems are used for anti-missile systems, air defense, and ground-to-air defense, among others. By using the capabilities of medium-energy laser systems, defense systems can take down enemy missiles and aircraft with pinpoint accuracy from a distance without causing harm to nearby people or infrastructure.

Asia Pacific to account for the second largest CAGR in the military Laser systems market during the forecasted year

The demand for military laser systems in Asia Pacific has increased in recent years due to rapid economic development, rising security threats, and increased border disputes. The military spending of China, Japan, and India has been growing in recent years due to the increased possibility of being targeted by terrorist attacks. Recent conflicts between various countries of the Asia Pacific region, such as North Korea and South Korea, Japan and China, and India and Pakistan, among others, are driving procurements and investments in armored vehicles in this region.

Break-up of profiles of primary participants in the military Laser systems market:

  • By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation: C-Level Executives - 35%, Directors - 25%, and Others - 40%
  • By Region: North America - 40%, Europe - 20%, Asia Pacific - 30%, Rest of the world - 10%

Prominent companies in the military Laser systems market are Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), and BAE System plc (UK), among others.

Research Coverage

The market study covers the military laser systems market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as application, platform, technology, end use, output power and region.

The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key benefits of buying this report: This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall military laser systems market and its subsegments. The report covers the entire ecosystem of the military laser systems industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers: 

  • Analysis of key drivers and there are several factors that could contribute to an increase in military laser systems market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the military laser systems market 
  • Market Development: Comprehensive information about lucrative markets - the report analyses the military laser systems market across varied regions 
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the military laser systems market 
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), Elbit System Ltd. (Israel), and BAE System plc (UK), among others in the military laser systems market

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.3.3 Geographic Scope
1.4 Inclusions & Exclusions
1.5 Currency & Pricing
1.6 Market Stakeholders
1.7 Limitations
1.8 Summary of Changes
1.8.1 Impact of Recession on Military Laser Systems Market Size

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Primary Details
2.1.2.4 Breakdown of Primaries
2.2 Impact of Recession on the Military Laser Systems Market
2.3 Factor Analysis
2.3.1 Introduction
2.3.2 Demand-Side Indicators
2.3.2.1 Increase in Military Spending of Emerging Countries
2.3.2.2 Rising Incidences of Regional Disputes, Terrorism, and Political Conflicts
2.3.3 Supply-Side Indicators
2.3.3.1 Financial Trend of Major US Defense Contractors
2.4 Research Approach & Methodology
2.4.1 Bottom-Up Approach
2.4.1.1 Market Size Estimation
2.4.2 Top-Down Approach
2.5 Market Triangulation
2.5.1 Triangulation Through Secondary
2.6 Research Assumptions
2.7 Risk Analysis

3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Military Laser Systems Market
4.2 Military Laser Systems Market, by Technology
4.3 Military Laser Systems Market, by Platform
4.4 Military Laser Systems Market, by Application

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Focus on the Development of High Precision Military Laser Systems
5.2.1.2 Significant Investments in Modern Weapon System by Governments
5.2.1.3 Rise in Defense Budget Owing to Increase Concern Over Nation Security
5.2.1.4 Development of Compact Military Laser System for UAV Platforms
5.2.2 Restraints
5.2.2.1 Regulatory Hurdles to Impede Market Growth
5.2.2.2 High Development and Platforms Integration Costs to Inhibit Market Growth
5.2.3 Opportunities
5.2.3.1 Increased Investment in R&D Activities to Design Next Generation Military Systems
5.2.3.2 Growing Adoption of UAVs for Military Applications Across the World
5.2.4 Challenges
5.2.4.1 Increased Barriers in Designing High Energy Military Laser Systems
5.2.4.2 Integration of Military Laser System with Wide Range of Platforms
5.3 Value Chain Analysis of Military Laser Systems Market
5.4 Trends/Disruption Impacting Customer Business
5.4.1 Revenue Shift and New Revenue Pockets for Military Laser System Manufacturers
5.5 Military Laser Systems Market Ecosystem
5.5.1 Prominent Companies
5.5.2 Private and Small Enterprises
5.5.3 End-users
5.6 Porter's Five Forces Analysis
5.6.1 Threat of New Entrants
5.6.2 Threat of Substitutes
5.6.3 Bargaining Power of Suppliers
5.6.4 Bargaining Power of Buyers
5.6.5 Degree of Competition
5.7 Recession Impact Analysis
5.8 Tariff and Regulatory Landscape
5.8.1 Regulatory Bodies, Government Agencies and Other Organizations
5.8.1.1 North America
5.8.1.2 Europe
5.8.1.3 Asia-Pacific
5.8.1.4 Rest of the World
5.9 Trade Analysis
5.9.1 Import Data for Land Vehicles Platform, by Region
5.10 Pricing Analysis
5.10.1 Average Selling Price Trend
5.10.2 Indicative Pricing Analysis
5.11 Key Stakeholders & Buying Criteria
5.11.1 Key Stakeholders in Buying Process
5.11.2 Buying Criteria
5.12 Key Conferences & Events in 2022-2023

6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Quantum Cascade Lasers (Qcls)
6.2.2 Laser Beam Energy
6.2.3 AI and ML in Military Laser System
6.2.4 3D Printing
6.2.5 Counter-UAVs and Directed Energy Weapon Systems
6.2.6 Heterogeneous Integration
6.3 Technology Analysis
6.4 Impact of Megatrends
6.4.1 Military Laser Systems for Armed Forces
6.4.2 Solid-State Lasers to Counter Unmanned Aerial Vehicles
6.4.3 Military Laser Solutions for Space and Satellite Security
6.4.4 Operations on Integrated Battlefield with Collaborative Combat
6.5 Innovation and Patent Registrations
6.6 Use Case Analysis: Military Laser Systems Market
6.6.1 High Precision Laser Rangefinder for Target Tracking
6.6.2 Tactical High Energy Laser by Northrop Grumman Offers Viable Defense Against Threats
6.6.3 Turkey Became First Nation to Use Military Laser Systems in Combat
6.6.4 German Navy Integrates High Energy Laser on Frigate and Shoots Down Drone

7 Military Laser Systems Market, by Application
7.1 Introduction
7.2 Weapon
7.2.1 Lethal Weapon
7.2.2 Non-Lethal Weapon
7.3 Non-Weapon
7.3.1 Laser Rangefinder
7.3.2 Laser Designator
7.3.3 Laser Pointer/Illuminator
7.3.4 LiDAR
7.3.5 Ring Laser Gyroscope
7.3.6 Laser Terminal
7.3.7 Laser Altimeter

8 Military Laser Systems Market, by Technology
8.1 Introduction
8.2 Solid-State Laser
8.3 Fiber Laser
8.4 Semiconductor Laser
8.5 Gas Laser
8.6 Liquid Laser
8.7 Free-Electron Laser

9 Military Laser Systems Market, by End Use
9.1 Target Designation and Ranging
9.2 Navigation, Guidance, & Control
9.3 Defensive Countermeasures
9.4 Communication System
9.5 Military Laser Systems

10 Military Laser Systems Market, by Platform
10.1 Introduction
10.2 Land
10.2.1 Armored Vehicles
10.2.2 Dismounted Solider System
10.2.3 Artillery System
10.3 Airborne
10.3.1 Attack Helicopters
10.3.2 Fighter Aircraft
10.3.3 Tactical UAVs
10.4 Naval
10.4.1 Combat Ships
10.4.2 Submarines
10.4.3 Unmanned Surface Vehicles
10.5 Space
10.5.1 Satellite
10.5.2 Space-based Interceptors
10.5.3 Earth to Space Weapons

11 Military Laser Systems Market, by Output Power
11.1 Introduction
11.2 <10 kW
11.3 10 kW to 100 kW
11.4 >100 kW

12 Regional Analysis
12.1 Introduction
12.1.1 Recession Impact on Military Laser Systems Market
12.2 North America
12.2.1 PESTLE Analysis: North America
12.2.2 Recession Impact Analysis: North America
12.2.3 US
12.2.4 Canada
12.3 Europe
12.3.1 PESTLE Analysis: Europe
12.2.2 Recession Impact Analysis: Europe
12.3.3 UK
12.3.4 Germany
12.3.5 France
12.3.6 Italy
12.3.7 Russia
12.3.8 Rest of Europe (Spain, Sweden, Poland)
12.4 Asia-Pacific
12.4.1 PESTLE Analysis: Asia-Pacific
12.2.2 Recession Impact Analysis: Asia-Pacific
12.4.3 China
12.4.4 India
12.4.5 Japan
12.4.6 Australia
12.4.7 South Korea
12.4.8 Rest of Asia-Pacific
12.5 Rest of the World (RoW)
12.5.1 PESTLE Analysis: Rest of the World
12.5.2 Latin America
12.5.3 Middle East & Africa

13 Competitive Landscape
13.1 Introduction
13.2 Competitive Overview
13.3 Company Evaluation Quadrant
13.3.1 Star
13.3.2 Emerging Leader
13.3.3 Pervasive
13.3.4 Participant
13.4 Start-Up/SME Evaluation Quadrant
13.4.1 Progressive Companies
13.4.2 Responsive Companies
13.4.3 Dynamic Companies
13.4.4 Starting Blocks
13.5 Market Share of Key Players, 2022
13.6 Ranking and Revenue Analysis of Key Players, 2022
13.7 Competitive Benchmarking
13.8 Competitive Scenario
13.8.1 New Product Launches
13.8.2 Deals, 2019-2023
13.8.3 Others

14 Company Profiles
14.1 Introduction
14.2 Key Players
14.2.1 Lockheed Martin Corporation
14.2.2 Raytheon Technologies Corporation
14.2.3 Northrop Grumman Corporation
14.2.4 Thales Group
14.2.5 Bae Systems PLC.
14.2.6 The Boeing Company
14.2.7 Textron Inc.
14.2.8 Rheinmetall AG
14.2.9 L3Harris Technologies, Inc.
14.2.10 Coherent Corp.
14.2.11 Safran SA
14.2.12 Elbit Systems Ltd.
14.2.13 Mbda
14.2.14 Newport Corporation
14.2.15 Leonardo Spa
14.3 Other Players (Start Ups/SMEs)
14.3.1 Dynetics
14.3.2 Lumibird SA
14.3.3 Aqwest LLC
14.3.4 Bluehalo
14.3.5 Hensoldt AG
14.3.6 Frankfurt Laser Company
14.3.7 Roketsan As
14.3.8 Kord Technologies
14.3.9 Mynaric AG
14.3.10 Alpha Design Technologies

15 Appendix
15.1 Discussion Guide

Companies Mentioned

  • Alpha Design Technologies
  • Aqwest LLC
  • Bae Systems PLC.
  • Bluehalo
  • Coherent Corp.
  • Dynetics
  • Elbit Systems Ltd.
  • Frankfurt Laser Company
  • Hensoldt AG
  • Kord Technologies
  • L3Harris Technologies, Inc.
  • Leonardo Spa
  • Lockheed Martin Corporation
  • Lumibird SA
  • MBDA
  • Mynaric AG
  • Newport Corporation
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Rheinmetall AG
  • Roketsan As
  • Safran SA
  • Textron Inc.
  • Thales Group
  • The Boeing Company

Methodology

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Table Information