North America Directed Energy Weapons Market Forecast to 2028 - COVID-19 Impact and Regional 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)
The directed energy weapons market in North America is expected to grow from US$ 813.18 million in 2022 to US$ 2,705.66 million by 2028. It is estimated to grow at a CAGR of 22.2% from 2022 to 2028.
Surging Vendors Focusing on Developing High-Energy DEWs
Armed military forces are increasing their investment in directed energy weapons, including microwave and high-energy laser weapons, as the technology develops. There is a rise in demand for high-energy directed energy weapons, and the investments are surging to billions of dollars every year. High-energy laser weapons are preferred to high-powered microwaves for longer-range requirements. Due to rising geopolitical tensions, there is an increase in the procurement of new high-energy laser weapons by developed and emerging nations. The US military is highly investing in the integration of advanced weapons systems such as high-energy laser weapons mounted on vehicles, which is driving the market. For instance, the US military has developed high-energy directed weapons in 2019 with pinpoint accuracy, making high-power lasers one of the most promising options. In 2019, the US. Air Force deployed its first High Energy Laser Weapon System (HELWS) developed by Raytheon Intelligence & Space. Moreover, Lockheed Martin provided a high energy laser (HEL) to the US Navy for installation on its warships. Further, in August 2022, the U.S. Navy secured delivery of a high-energy laser weapon called HELIOS from defense company Lockheed Martin. The adoption of high-energy, high-intensity laser weapons onto the ships and combat systems has provided the U.S Navy with exceptional directed energy capabilities. High-energy lasers (HEL), which produce photons, and high-power microwaves (HPM), which generate radiofrequency waves, are being installed on Naval ships. The sinking of the Russian naval flagship by a Ukrainian anti-ship missile in April 2022 in the ongoing Russia-Ukraine War has prompted the US Navy to increase its efforts toward directed energy defenses on warships. Moreover, in January 2022, the U.S. Navy's Naval Surface Warfare Center, Dahlgren Division, or NSWCDD, established a new department for developing and researching HPM directed energy weapons.
Market Overview
The North American directed energy weapons market, based on country, is segmented into the US, Canada, and Mexico. The growing threat of terrorist attacks, biological attacks, chemical attacks, and nuclear materials so that civilian lives and the national security of the region can be preserved. Over the years, according to the data published by Stockholm International Peace Research Institute (SIPRI), the US recorded military expenses of US$ 827.12 billion in 2021, which was US$ 801.68 billion in 2020. The increase in military expenditure by North American countries influences the growth of the North American directed energy weapons market. Moreover, a surge in military spending by developed and emerging nations due to heightened geopolitical tensions is accelerating the procurement of new air, land, and sea platforms. The military is investing in the integration of advanced weapons systems such as directed energy weapons on board the vehicle is driving the directed energy weapons market growth.
North America Directed Energy Weapons Market Revenue and Forecast to 2028 (US$ Million)
North America Directed Energy Weapons Market Segmentation
The North America 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 North America 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 North America 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 the US, Canada, and Mexico. The US 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.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Directed Energy Weapons Market Landscape
4.1 Market Overview
4.2 Porter’s Five Force Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Impact of Russia-Ukraine War on the Defense Industry
5. North America Directed Energy Weapons Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Raising Adoption of Directed-Energy Weapons as Countermeasures
5.1.2 Surging Focus on Developing High-Energy DEWs
5.2 Market Restraints
5.2.1 Critical Health Consequences of Using Directed Energy Weapons
5.3 Market Opportunities
5.3.1 Surging Military Research & Development Programs for Directed Energy Weapons
5.4 Future Trends
5.4.1 Raising Focus on Development of Microwave Directed Energy Weapons
5.5 Impact Analysis of Drivers and Restraints
6. North America Directed Energy Weapons – Market Analysis
6.1 North America Directed Energy Weapons Market Overview
6.2 North America Directed Energy Weapons Market Forecast and Analysis
7. North America Directed Energy Weapons Market Analysis – by Technology
7.1 Overview
7.2 North America Directed Energy Weapons Market, by Technology
7.3 Laser
7.3.1 Overview
7.3.2 Laser: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
7.3.2.1 High Energy
7.3.2.1.1 High Energy: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
7.3.2.2 Low Energy
7.3.2.2.1 Low Energy: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Microwave
7.4.1 Overview
7.4.2 Microwave: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Particle Beam
7.5.1 Overview
7.5.2 Particle Beam: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Directed Energy Weapons Market Analysis – by Range
8.1 Overview
8.2 North America Directed Energy Weapons Market, by Range
8.3 Less than 1 mile
8.3.1 Overview
8.3.2 Less than 1 mile: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
8.4 More than 1 mile
8.4.1 Overview
8.4.2 More than 1 mile: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Directed Energy Weapons Market Analysis – by Application
9.1 Overview
9.2 North America Directed Energy Weapons Market, by Application
9.3 Ground
9.3.1 Overview
9.3.2 Ground: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Naval
9.4.1 Overview
9.4.2 Naval: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Airborne
9.5.1 Overview
9.5.2 Airborne: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Directed Energy Weapons Market Analysis – by Platform
10.1 Overview
10.2 North America Directed Energy Weapons Market, by Range
10.3 Armored Vehicles
10.3.1 Overview
10.3.2 Armored Vehicles: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Unmanned Systems
10.4.1 Overview
10.4.2 Unmanned Systems: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Handheld Systems
10.5.1 Overview
10.5.2 Handheld Systems: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Aircraft Systems
10.6.1 Overview
10.6.2 Aircraft Systems: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
10.7 Ships and Submarines
10.7.1 Overview
10.7.2 Ships and Submarines: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
10.8 Others
10.8.1 Overview
10.8.2 Others: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
11. North America Directed Energy Weapons Market – Country Analysis
11.1 Overview
11.1.1 North America: Directed Energy Weapons Market, by Key Country
11.1.1.1 US: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: Directed Energy Weapons Market, by Platforms
11.1.1.1.2 US: Directed Energy Weapons Market, by Range
11.1.1.1.3 US: Directed Energy Weapons Market, by Technology
11.1.1.1.3.1 US: Directed Energy Weapons Market, by Laser
11.1.1.1.4 US: Directed Energy Weapons Market, by Application
11.1.1.2 Canada: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: Directed Energy Weapons Market, by Platforms
11.1.1.2.2 Canada: Directed Energy Weapons Market, by Range
11.1.1.2.3 Canada: Directed Energy Weapons Market, by Technology
11.1.1.2.3.1 Canada: Directed Energy Weapons Market, by Laser
11.1.1.2.4 Canada: Directed Energy Weapons Market, by Application
11.1.1.3 Mexico: Directed Energy Weapons market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: Directed Energy Weapons Market, by Platforms
11.1.1.3.2 Mexico: Directed Energy Weapons Market, by Range
11.1.1.3.3 Mexico: Directed Energy Weapons Market, by Technology
11.1.1.3.3.1 Mexico: Directed Energy Weapons Market, by Laser
11.1.1.3.4 Mexico: Directed Energy Weapons Market, by Application
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 Lockheed Martin Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Thales Group
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 L3Harris Technologies, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Elbit Systems Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Raytheon Technologies Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 BAE Systems
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Honeywell International Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Rheinmetall AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Moog Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Boeing
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Directed Energy Weapons Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. US: Directed Energy Weapons Market, by Platforms–Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Directed Energy Weapons Market, by Range–Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Directed Energy Weapons Market, by Technology –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Directed Energy Weapons Market, by Laser–Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Directed Energy Weapons Market, by Application–Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Directed Energy Weapons Market, by Platforms– Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Directed Energy Weapons Market, by Range – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Directed Energy Weapons Market, by Technology –Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Directed Energy Weapons Market, by Laser–Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Directed Energy Weapons Market, by Application–Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Directed Energy Weapons Market, by Platforms– Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Directed Energy Weapons Market, by Range– Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Directed Energy Weapons Market, by Technology –Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Directed Energy Weapons Market, by Laser–Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Directed Energy Weapons Market, by Application–Revenue and Forecast to 2028 (US$ Million)
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Directed Energy Weapons Market Segmentation
Figure 2. North America Directed Energy Weapons Segmentation – Country
Figure 3. North America Directed Energy Weapons Market Overview
Figure 4. North America Directed Energy Weapons Market, By Technology
Figure 5. North America Directed Energy Weapons Market, By Country
Figure 6. North America Directed Energy Weapons Market– Porter’s Five Forces Analysis
Figure 7. North America Directed Energy Weapons Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America Directed Energy Weapons Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Directed Energy Weapons Market, Forecast and Analysis (US$ Million)
Figure 11. North America Directed Energy Weapons Market Revenue Share, by Technology (2021 and 2028)
Figure 12. Laser: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. High Energy: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Low Energy: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Microwave: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Particle Beam: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Others: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Directed Energy Weapons Market Revenue Share, by Range (2021 and 2028)
Figure 19. Less than 1 Mile: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. More than 1 Mile: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Directed Energy Weapons Market Revenue Share, by Application (2021 and 2028)
Figure 22. Ground: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Naval: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Airborne: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Directed Energy Weapons Market Revenue Share, by Range (2021 and 2028)
Figure 26. Armored Vehicles: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Unmanned Systems: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Handheld Systems: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Aircraft Systems: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Ships and Submarines: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Geographic Overview of North America Directed Energy Weapons Market
Figure 33. North America: Directed Energy Weapons Market Revenue Share, by Key Country (2021 and 2028)
Figure 34. US: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Canada: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Mexico: Directed Energy Weapons Market – Revenue and Forecast to 2028 (US$ Million)
- Lockheed Martin Corporation
- Thales Group
- L3Harris Technologies, Inc.
- Elbit Systems Ltd.
- Raytheon Technologies Corporation
- BAE Systems
- Honeywell International Inc.
- Rheinmetall AG
- Moog Inc.
- Boeing
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America directed energy weapons market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America directed energy weapons market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the directed energy weapons market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution