About Directed Energy Weapons (DEW) Technologies
Directed energy weapons (DEW) technologies comprise high-energy laser, high-power microwave, and particle beam weapons technology. These energy weapons technologies provide precision, speed, flexibility, and lower cost engagement in defense and military operations. It works as a force multiplier, allowing the warfighters to fight against the rising number of national threats.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Directed Energy Weapons (DEW) Technologies market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Directed Energy Weapons (DEW) Technologies market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thales Group (France), Lockheed Martin Corporation (United States), Rafael Advanced Defense Systems Ltd. (Israel), Rheinmetall AG (Germany), MBDA (France), BAE Systems plc (United Kingdom), Leonardo S.p.A (Italy), Saab AB (Sweden), Northrop Grumman Corporation (United States), L3Harris Technologies (United States) and Applied Technology Associates (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Raytheon Technologies (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Directed Energy Weapons (DEW) Technologies market by Type (High Energy Laser Weapons Technology, High Power Microwave Weapons Technology and Particle Beam Weapons Technology), Application (Target Personnel, Missiles, Vehicles and Optical Devices) and Region.
On the basis of geography, the market of Directed Energy Weapons (DEW) Technologies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023.
If we see Market by , the sub-segment i.e. will boost the Directed Energy Weapons (DEW) Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Rising Research and Development Activities on Directed Energy Weapons (DEW) Technologies and Emerging Modern Battlefield Technologies
Market Growth Drivers:
Growing Aerospace and Defense Industry and Demand for Advanced National Security with the Increasing Threats
Challenges:
HIgh-Cost Investment on the Directed Energy Weapons (DEW) Technologies
Restraints:
Lesser Skilled Professionals to Develop and Manage Directed Energy Weapons (DEW) Technologies
Opportunities:
Surging Regulatory Guidelines and Investment on Directed Energy Weapons (DEW) Technologies and Emerging Applications of Directed Energy Weapons (DEW) Technologies
Market Leaders and their expansionary development strategies
On 10th June 2020, ATA to Build Target Acquisition Tech for Army Stryker Directed Energy Program. Applied Technology Associates has received a contract to develop a target acquisition and tracking platform for installation on a Stryker military ground vehicle as part of a U.S. Army initiative to increase soldier protection with laser weapon systems. The company will also provide electro-optical infrared sensors and control systems to the Directed Energy-Maneuver Short Range Air Defense prototyping effort.
In July 2022, Northrop Grumman Corporation recently completed the preliminary design review for a high-energy laser prototype that will feature an architecture scalable to more than a megawatt for the U.S. Department of Defense.
"Directed Energy Weapons (DEW) are not authoritatively defined under international law, nor are they currently on the agenda of any existing multilateral mechanism. Nevertheless, there are a number of legal regimes which would apply to DEW. These range from national civilian use regulations and guidelines to international humanitarian law (IHL) and human rights law that would constrain or preclude their use under certain and circumstances."
Key Target Audience
Directed Energy Weapons (DEW) Technologies Providers, Directed Energy Weapons (DEW) Technologies Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.