Base Year
Historical Year
Forecast Year
The global military laser system market attained a value of USD 5.57 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.8% to reach USD 11.95 billion by 2032.
The military laser system industry is expected to witness a robust growth in the forecast years. This can be attributed to the rapid technological advancements and the rising investments in the development of advanced weaponry, such as the integration of artificial intelligence (AI) with military laser systems to create cognitive laser systems.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Geographically, North America is predicted to account for a significant market share of the military laser system industry. This can be associated with the increased focus of governments to strengthen the defence and military sector in countries such as the United States and others, which is leading to heightened investments in the research and development of the military infrastructure.
Military lasers are high performance military weapons. These are directed energy weapons based on lasers. They are continuous-wave lasers, that is, they can blast a target with a continuous beam of energy. These systems enhance force protection against unmanned aerial vehicles, artillery, mortar, and missile attack, among others. A laser can roughly move at the speed of light or 186,000 miles per second without getting affected by the strong winds.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By technology, the military laser system industry can be segmented into:
The market can be broadly categorised, on the basis of application, into:
The EMR report looks into the regional markets of military laser system like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The technological breakthroughs and the increased investments in research and development activities are predicted to aid the market growth in the forecast period. These military lasers are accurate for long distance applications. Furthermore, these systems can also be used in laser communication. In this regard, lasers deliver short pulses with low energy use. In military applications, laser systems are used to protect troops in the field from artillery shells, drones, and missiles, among others. In addition, military lasers do not produce miniature sonic booms, are noiseless, and cannot be discerned by humans. This is leading to an increased demand for military laser systems, which is predicted to aid the market growth in the coming years.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The report presents a detailed analysis of the following key players in the global military laser system market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the global military laser system market attained a value of nearly USD 5.57 billion.
The market is projected to grow at a CAGR of 8.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 11.95 billion by 2032.
The major drivers of the industry, such as the rapid technological advancements, rising border tensions, increasing investments by the governments in the development of military infrastructure, and growing innovations are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing investments by key players in the research and development of military laser systems.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different technologies include solid state lasers, gas lasers, and others.
The major applications include directed energy weapons, guidance systems, and laser sights, designators and rangefinders, among others.
The major players in the industry are Lockheed Martin Corporation, Raytheon Technologies Corporation, Rafael Advanced Defense Systems Limited, The Boeing Company, Sigmund Lindner GmbH, and Rheinmetall AG, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share