Europe Directed Energy Weapons Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis By Technology (Laser, Microwave, Particle Beam, and Others), Range (Less Than 1 Mile and More Than 1 Mile), Application (Ground, Naval, and Airborne), and Platform (Armored Vehicles, Unmanned Systems, Handheld Systems, Aircraft Systems, Ships and Submarines, and Others)

No. of Pages: 172
Report Code: BMIRE00027464
Category: Aerospace and Defense
Europe Directed Energy Weapons Market
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The directed energy weapons market in Europe is expected to grow from US$ 453.83 million in 2022 to US$ 1,271.23 million by 2028. It is estimated to grow at a CAGR of 18.7% from 2022 to 2028. 

Growing Military Research & Development Programs for Directed Energy Weapons 

Improved system dependability is a key consideration when choosing a directed energy weapon. The use of cutting-edge technology with the integration of hardware components disseminates across a range of military assets, such as combat vehicles, unidentified objects, drones, and UAVs. Modern directed-energy weapons with exceptional precision have made it necessary for nations with border disputes and regional threats to rely on such cutting-edge weapons for their border safety. For instance, Missile Defense Agency’s (MDA) directed energy demonstrator development program targets technical risk reduction and maturation for high-powered strategic lasers, beam control, lethality, and associated technologies. In FY2021, the MDA’s directed energy demonstrator development program received US$ 42 million in funding from department of defense. For FY2022, the Office of the Secretary of Defense (OSD) proposed US$ 107 million for high-energy laser development. Moreover, in July 2022, as reported by Naval News, Dragonfire, the UK's Laser Directed Energy Programme (LDEW) led by MBDA, announced the success of its trials for the accuracy and power of the laser weapon. MBDA has managed to integrate the tracking system and laser stabilization into laser technology through years of research and development. 

Market Overview 

By country, the European directed energy weapons market is segmented into France, Germany, Italy, the UK, Russia, and the rest of Europe. Several European countries have experienced a significant rise in military expenses over the past century, which is propelling the adoption of direct energy weapons. However, military spending in both Central and Western Europe increased in 2021, which may reflect a need to combat terrorism. Therefore, participation in peacekeeping operations, prevention of terrorism, efforts to secure trade routes, and soldier modernization programs, which include laser weapons, microwave weapons, sonic weapons, and other weapon procurement, are expected to drive the market over the forecast period. 

Europe Directed Energy Weapons Market Revenue and Forecast to 2028 (US$ Million) 

Europe Directed Energy Weapons Market Revenue and Forecast to 2028 (US$ Million) 

Europe Directed Energy Weapons Market Segmentation 

The Europe directed energy weapons market is segmented into platform, application, Range, Technology, and country. 

Based on platform, the market is segmented into armored vehicles, unmanned systems, handheld systems, aircraft systems, ships and submarines, and others. The armored vehicles segment registered the largest market share in 2022. Based on range, the market is categorized into less than 1 mile and more than 1 mile. The less than 1 mile segment held the largest market share in 2022. Based on technology, the Europe directed energy weapons market is segmented into laser, microwave, particle beam, and others. The laser segment held the largest market share in 2022. Based on application, the Europe directed energy weapons market is segmented into ground, naval, and airborne. The ground segment held the largest market share in 2022. Based on country, the market is segmented into France, Germany, Italy, the UK, Russia, and Rest of Europe. Russia dominated the market share in 2022. Lockheed Martin Corporation; Thales Group; L3Harris Technologies, Inc.; Elbit Systems Ltd.; Raytheon Technologies Corporation; BAE Systems; Honeywell International Inc.; Rheinmetall AG; Moog Inc.; and Boeing are the leading companies operating in the directed energy weapons market in the region.

Europe Directed Energy Weapons Market Strategic Insights

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Europe Directed Energy Weapons Market Segmentation Analysis

Europe Directed Energy Weapons Market Report Highlights

Europe Directed Energy Weapons Report Scope

Report Attribute Details
Market size in 2022 US$ 453.83 Million
Market Size by 2028 US$ 1,271.23 Million
CAGR (2022 - 2028) 18.7%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Technology
  • Laser
  • Microwave
  • Particle Beam
By Range
  • Less Than 1 Mile
  • More Than 1 Mile
By Application
  • Ground
  • Naval
  • Airborne
By Platform
  • Armored Vehicles
  • Unmanned Systems
  • Handheld Systems
  • Aircraft Systems
  • Ships and Submarines
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Lockheed Martin Corporation
  • Thales Group
  • L3Harris Technologies, Inc.
  • Elbit Systems Ltd.
  • Raytheon Technologies Corporation
  • BAE Systems
  • Honeywell International Inc.
  • Rheinmetall AG
  • Moog Inc.
  • Boeing
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Europe Directed Energy Weapons Market Country and Regional Insights

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The List of Companies - Europe Directed Energy Weapons Market
  1. Lockheed Martin Corporation
  2. Thales Group
  3. L3Harris Technologies, Inc.            
  4. Elbit Systems Ltd.
  5. Raytheon Technologies Corporation
  6. BAE Systems
  7. Honeywell International Inc.
  8. Rheinmetall AG
  9. Moog Inc.
  10. Boeing
Frequently Asked Questions
How big is the Europe Directed Energy Weapons Market?

The Europe Directed Energy Weapons Market is valued at US$ 453.83 Million in 2022, it is projected to reach US$ 1,271.23 Million by 2028.

What is the CAGR for Europe Directed Energy Weapons Market by (2022 - 2028)?

As per our report Europe Directed Energy Weapons Market, the market size is valued at US$ 453.83 Million in 2022, projecting it to reach US$ 1,271.23 Million by 2028. This translates to a CAGR of approximately 18.7% during the forecast period.

What segments are covered in this report?

The Europe Directed Energy Weapons Market report typically cover these key segments-

  • Technology (Laser, Microwave, Particle Beam)
  • Range (Less Than 1 Mile, More Than 1 Mile)
  • Application (Ground, Naval, Airborne)
  • Platform (Armored Vehicles, Unmanned Systems, Handheld Systems, Aircraft Systems, Ships and Submarines)

What is the historic period, base year, and forecast period taken for Europe Directed Energy Weapons Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Directed Energy Weapons Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Europe Directed Energy Weapons Market?

    The Europe Directed Energy Weapons Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Lockheed Martin Corporation
  • Thales Group
  • L3Harris Technologies, Inc.
  • Elbit Systems Ltd.
  • Raytheon Technologies Corporation
  • BAE Systems
  • Honeywell International Inc.
  • Rheinmetall AG
  • Moog Inc.
  • Boeing
  • Who should buy this report?

    The Europe Directed Energy Weapons Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Directed Energy Weapons Market value chain can benefit from the information contained in a comprehensive market report.

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