The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global directed energy weapons market size grew from $4.56 billion in 2022 to $5.69 billion in 2023 at a compound annual growth rate (CAGR) of 24.8%. The directed energy weapons market size is expected to grow to $13.47 billion in 2027 at a CAGR of 24.0%.

What will drive the directed energy weapons market?

The rising modernization and investment in military platforms drive the directed energy weapons market.

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Who are the major players in the market?

Major Market Players in the directed energy weapons market include Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Boeing, BAE Systems PLC

Which trend is gaining popularity in the directed energy weapons market?

Technological advancement is a key trend gaining popularity in the directed energy weapons market. The major companies operating in the directed energy weapons market focus on developing weapons integrated with artificial intelligence. Artificial intelligence will enable systems for comprehensive networking of command, control, and communication for weapons like hypersonic weapons. For instance, in June 2022, Chinese military researchers claimed to have created artificial intelligence technology that can predict a hypersonic glide missile’s trajectory as it closes in on a target at a speed greater than five times the speed of sound.

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How is the directed energy weapons market segmented?

Global Directed Energy Weapons Market Segments Include:
1) By Product: Lethal Weapons, Non-Lethal Weapons

2) By Technology: High Energy Laser, High Power Microwave, Electromagnetic Weapons, Sonic Weapons

3) By End-User: Land, Airborne, Naval

The Directed Energy Weapons Global Market Report 2023  provides an overview of the directed energy weapons market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The directed energy weapons market forecast analyzes directed energy weapons market size, directed energy weapons market share, leading competitor and their market positions.

The directed energy weapons refer to a system that uses energy primarily as a direct means to disable, harm, or destroy enemy facilities, equipment, and troops. The directed energy weapons use technologies that focus electromagnetic energy or create atomic or subatomic particles. High-powered radio frequency or microwave devices, charged or neutral particle beam weapons, and high-energy lasers are some of the direct energy weapons.

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