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Military Laser Systems Market

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Global Military Laser Systems Market Report Information by Product Type (Laser Designator/Rangefinder, LiDAR, Laser Weapon, Pointers, Others), Technology (Fiber Laser, Chemical Laser, Diode Lasers, CO2 Laser, Semiconductor Laser, Solid-State Laser),
Military Laser Systems Market Report Information - Global Forecast to 2023
Military Laser Systems
Market Report Information -
Global Forecast to 2023
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Copyright © 2017 Market Research Future.
Military Laser Systems Market Report Information - Global Forecast to 2023
VIEW REPORT
PRESS RELEASE
SAMPLE REPORT
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Copyright © 2017 Market Research Future.
Military Laser Systems Market Report Information - Global Forecast to 2023
Summary:
Global Military Laser Systems Market Report Information by Product Type (Laser Designator/Rangefinder,
LiDAR, Laser Weapon, Pointers, Others), Technology (Fiber Laser, Chemical Laser, Diode Lasers, CO2
Laser, Semiconductor Laser, Solid-State Laser), by Application (Marking targets, Guiding munitions,
Missile defense, Electro-optical countermeasures (EOCM), Blinding troops, Others), & by Region Forecast to 2023
Market Overview:
The laser systems are expected to pave the way for next-gen weapon systems. The laser-based weapons
could be used as a defense system for manned and unmanned aircrafts, to save it from heat-seeking
missiles. The Defense Advanced Research Projects Agency (DARPA) in cooperation with Northrop
Grumman and Lockheed Martin has been actively working towards the development of such systems. It
aims to develop such laser weapons to defend the aircraft from EO/IR guided surface-to-air missiles.
Ultimately, the goal is to develop a next-gen laser weapon system, that would be ten times lighter and
more compact than the current high-power chemical laser systems, and which could be mounted on a
pod to the manned aircraft and UAVs.
The government and research agencies, across the globe, are involved in the R&D activities for
development of military laser systems. The R&D spending on such military laser systems has also been
increasing which has helped the growth of the global military laser systems market. For example, in the
US, the R&D activities are focused around many projects related to military applications such as
rangefinders, infrared countermeasures, illuminators, and DEW researches. Similarly, the Horizon 2020
program in Europe (the European funding plan), also has a substantial amount of funding towards the
'photonics programs' which includes the lasers and is expected to fund more than US$137 million per year
through 2020. The rise in terrorism and conflict has also increased the R&D efforts for such military laser
systems and weapons.
Similarly, the Indian Ministry of Defense has regarded the development of advanced weapon and DEWs
as a top priority for its roadmap till 2020-2025. India has been working on the development of such laser
weapons and aims to make it accessible to fighter aircrafts, naval destroyers and submarines by 2025. It
is also working on DEWs to improve anti-ballistic missile capability. India's LASTEC, a laboratory
developing lasers and related technologies, belonging to the DRDO, has been working to develop such
laser weapons for the Indian Armed Forces.
Segmentation:
The global military laser systems market is segmented in to 4 key dynamics for the convenience of the
report and enhanced understanding;
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Copyright © 2017 Market Research Future.
Military Laser Systems Market Report Information - Global Forecast to 2023
Segmentation by Product Type: Laser Designator/Rangefinder, LiDAR, Laser Weapon, Pointers,
Others.
Segmentation by Technology: Fiber Laser, Chemical Laser, Diode Lasers, CO2 Laser, Semiconductor
Laser, Solid-State Laser.
Segmentation by Application: Marking targets, Guiding munitions, Missile defense, Electro-optical
countermeasures (EOCM), Blinding troops, Others.
Segmentation by Regions: North America, Europe, Asia-Pacific, Middle East & Africa, and Latin
America
Regional Analysis:
The global military laser systems market has been segmented into North America, Asia Pacific, Middle
East & Africa, Europe, and Latin America. North America leads in global military expenditure and
technological advancements, and thus, generates very high demand for military laser systems, across
the globe. Although, Canada makes some investments in the development of such advanced systems,
yet the market is primarily dominated by the US. The region accounted for the largest share in the global
market in 2017, primarily due to the presence of major manufacturers such as Lockheed Martin and
Northrop Grumman. Likewise, the Middle East & Africa is an emerging defense market in the world, with
Saudi Arabia leading the region’s military expenses. According to SIPRI, Saudi Arabia and the UAE
collectively contributed over 5% of global military expenditure in 2017, and it is anticipated that the
defense expenditure would rise fourfold in the coming years. The military laser systems market is
growing in the Middle East, and it can be attributed to the increase in deployment of the regional armed
troops in the war against terrorism. In addition, the changing landscape of war over the years is also one
of the major factors driving the market.
Competitive Dashboard:
BAE Systems (UK), L3 Technologies (US), FLIR Systems Inc. (US), Lockheed Martin Corporation (US),
Northrop Grumman Corporation (US), Elbit Systems Ltd (Israel), Safran Electronics & Defense (France),
Saab AB (Sweden), Raytheon Company (US), and Thales Group (France) are some of the prominent
players profiled in MRFR Analysis and are at the forefront of competition in the global military laser
systems market.
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Copyright © 2017 Market Research Future.
Military Laser Systems Market Report Information - Global Forecast to 2023
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