The global direct energy weapon market is currently valued at US$ 1,810.2 Million and is anticipated to expand at a CAGR of 22.3%. Owing to the growing support from various governmental organizations, the market is likely to propel to US$ 13.5 Billion by 2032.
“Increased demand for precise weapon systems and increasing investments in weapon development and demonstration are likely to drive the growth of the direct energy weapon market in the forecast period.”
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The Direct Energy Weapon market is a rapidly growing industry with numerous potential applications including defense, industrial and commercial uses. Direct Energy Weapons (DEWs) are directed-energy weapons that emit electromagnetic radiation or particles to cause damage to an enemy target. These weapons have been used in military conflicts since the early 20th century, but have seen rapid advancement in recent years as technology has advanced. This research report will provide an overview of the Direct Energy Weapon market, its current state and future prospects.
Direct energy weapons use two types of energy sources: laser and microwaves. Laser Directed Energy Weapons (LDEWs) use lasers to deliver focused beams of light energy on a target from a distance, causing heat and other damage to the target. Microwave Directed Energy Weapons (MDEWs) use microwaves to deliver focused radiowave energy on a target from a distance, causing disruption of electronic systems or physical injury. Direct Energy Weapon technology has been under development for more than two decades and has seen advances in range, accuracy and power delivery capabilities in recent years. It is now used by military forces around the world for air-to-air combat, ground defense systems and other applications such as disabling enemy radar systems or communications equipment.
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Key Companies-
- Lockheed Martin Corporation
- Thales Group
- L3Harris Technologies, Inc.
- Elbit Systems Ltd.
- Raytheon Technologies Corporation
- BAE Systems
- Honeywell International Inc.
- Rheinmetall AG
- Moog, Inc.
- Boein and more
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