Dublin, Oct. 20, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Lethal and Non-lethal Directed Energy Weapons Market Analysis and Forecast (2015-2021)" report to their offering.
The DEW market is estimated to be at $5.81 billion in 2015.
The high growth of directed energy weapons in the defense industry is majorly attributed to a rise in defense expenditure, evolving nature of warfare, and technological innovations. With the evolution in the field of technology, the nature of warfare conduct has changed dramatically. DEW innovations have emerged as one of the promising ventures as they can effectively manage a wide range of asymmetric challenges as well as have noteworthy effects on future military warfare. Moreover, there are a number of opportunities for DEW in defense and homeland security applications.
This high growth of directed energy weapons market in the defense industry is majorly amongst the various technologies used in the DEW; the high energy laser systems accommodates for the highest share in terms of market value. The technology is being used to perform lethal and non-lethal operations.
Some of the defense prime contractors such as Northrop Grumman, Boeing, Rafael Advanced Defense Systems and Rheinmetall Defense Electronics are using high energy laser technology to develop DEW. High energy laser weapon system has been observed to be a powerful tool to be used in the battlefield. Hence, it is expected to grow at a faster CAGR in the forecast period.
Key Topics Covered:
1 Research Scope & Methodology
2 Market Dynamics
2.1 Market Drivers
2.1.1 Militarization of Police Forces
2.1.2 Increasing Civil Unrest and Political Disputes
2.1.3 Growing Demand for Laser Weapon System
2.1.4 Low Operational Cost with Flexible Policy Aspects
2.2 Market Challenges
2.2.1 Atmospheric and Propagation Concerns in HEL System
2.2.2 Technical Issues with Laser-based Systems
2.3 Market Opportunities
2.3.1 Increase in Research and Development Activities
2.3.2 Growing Military and Law Enforcement Budget in Emerging Nations
3 Competitive Insights
3.1 Competitive Landscape
3.2 Key Strategies and Developments
3.2.1 Partnerships and Contracts
3.2.2 Product Launches
3.2.3 Mergers and Acquisitions
3.2.4 Other Developments
3.3 Market Key Strategies and Developments
4 Industry Analysis
4.1 Evolution of Weapons
4.2 DEWs Product Mapping by Key Manufacturers
4.3 Current High Energy Laser (HEL) Programs
4.4 HEL Product Mapping by their Mission
4.5 Research and Development of Major DEWs Programs
4.6 Value Chain Analysis
5 Lethal and Non-Lethal Directed Energy Weapons Market by Product
5.1 Segmentation of Directed Energy Weapons Market by Product
5.2 Market Overview
5.3 Lethal Directed Energy Weapons Market Size, 2015-2021
5.4 Non-Lethal Directed Energy Weapons Market Size, 2015-2021
6 Lethal and Non-Lethal Directed Energy Weapons Market by Application
6.1 Segmentation of Directed Energy Weapons Market by Application
6.2 Market Overview
6.3 Defense Directed Energy Weapons Market Size 2015-2021
6.3.1 Airborne Directed Energy Weapons Market
6.3.2 Naval-based Directed Energy Weapons Market
6.3.3 Land-based Directed Energy Weapons Market
6.4 Homeland Security Directed Energy Weapons Market Size 2015-2021
7 Lethal and Non-Lethal Directed Energy Weapons Market by Technology
7.1 Segmentation of Directed Energy Weapons Market by Technology
7.2 Market Overview
7.3 High Energy Laser Market Size 2015-2021
7.4 High Power Microwave Market Size 2015-2021
7.5 Particle Beam Market Size 2015-2021
8 Lethal and Non-Lethal Directed Energy Weapons Market by Geography
8.1 Segmentation of Directed Energy Weapons Market by Geography
8.2 Market Overview
9 Company Profile
9.1 BAE Systems
9.2 Raytheon Inc.
9.3 Lockheed Martin
9.4 Northrop Grumman
9.5 Boeing
9.6 Rheinmetall Group
9.7 Kratos Defense and Security Solutions
9.8 General Dynamics
9.9 Textron Inc.
9.10 Moog
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