Report forecast the global military laser systems
market to grow at a CAGR of 8.2% during the period 2016-2020.
Military laser systems are future communication and
weapon systems that will change the course of warfare strategies. The emergence
of high-energy laser (HEL) systems has transformed the use of lethal and
non-lethal weapons. Different forms of laser technologies such as solid-state,
fiber, chemical, semiconductor, and Co₂ lasers are being used for defense and
homeland security applications.
They are increasingly employed in military
operations for:
- Blinding troops
- Electro-optical countermeasures (EOCM)
- Free-space communications
- Guiding munitions
- Marking targets
- Missile defense
The report covers the present scenario and the
growth prospects of the global military laser systems market for 2016-2020. To
calculate the market size, the report considers the revenue generated in the
overall market. It also presents the market segmentation based on application (defense
and homeland security), technology (SSL, fiber laser, chemical laser,
semiconductor laser, and Co₂ laser) and geography (Americas, EMEA, and APAC).
The market is divided into the following
segments based on geography:
- Americas
- APAC
- EMEA
According to the report, a key growth driver is the
increasing demand for laser systems. Laser systems play a vital role in
military applications, especially in the battlefield where precise systems are
required. Due to its high intensity, very low divergence, and high targeting
accuracy, it can target hostile vehicles from a long distance. For instance,
the mid-body design of APKWS can transform unguided Forges de Zeebrugge (FZ)
rockets into precise weapons.
Further, the report states that one challenge that
could hamper market growth is budget cuts in military laser spending. Budget
cuts have not only delayed the testing of military equipment but also affected
many science and technology (S&T) programs and impinged deliveries, causing
cancellation or delay of future systems development, technology, and
demonstrations.
Global Military Laser Systems Market 2016-2020,
has been prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
key players in the global military laser systems
market: BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, and Thales
Market.
Other Prominent Vendors in the market are: American
Laser Enterprises, BAE Systems Aculight, Coherent, Frankfurt Laser, and
Quantel.
Market driver
- Increasing demand for laser systems
- For a full, detailed list, view our report
Market challenge
- Budget cuts in military laser spending
- For a full, detailed list, view our report
Market trend
- Evolution of HEL
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 77 pages and 46 Exhibit “Global
Military Laser Systems Market 2016 - 2020” report covers Executive summary, Scope
of the report, Market research methodology, Introduction, Market landscape, Global
aerospace and defense supply chain system, Global aerospace and defense value
chain system, Market segmentation by application, Market segmentation by
technology, Geographical segmentation, Key leading countries, Market drivers,
Impact of drivers, Market challenges, Impact of drivers and challenges, Market
trends, Vendor landscape, Appendix.
For
more information Visit at: http://mrr.cm/Js9
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Global Military Satellite Market 2016-2020 - Visit
at - http://mrr.cm/JsC
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