According to the market research report,”Directed Energy Weapons Market Forecast and Analysis by Technology (HEL, HPM, Particle Beam), Product (Lethal, Non-Lethal), Application (Defense, Homeland Security) & by Geography (North America, Europe, Latin America, APAC, Middle East) - Global Forecasts and Analysis to 2013-2020”, the directed energy weapon market is projected to cross $18.42 billion by 2020, growing at a high CAGR from 2013 to 2020.
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This report describes the analysis and forecast of the augmenting of the directed energy weapons market. It is segmented on the basis of technology, products, applications, and regions. The report highlights the factors driving the market, along with the restraints. It addition to this, it contains a brief about the recent technology, market, and industry trends in the market.
Directed energy weapons have several advantages over conventional weapons. These weapons transmit beam at the speed of light (3x108 m/s) and are not affected by the effects of gravity and atmosphere. These weapons have applications in defense as well as in homeland security. These are very precise and have the potential to replace conventional munitions. However, these weapons have few drawbacks; microwave beams are absorbed by conductive material between the weapon and target and the laser beams are weakened by water vapor, dust and other obscurants.
The technological analysis exemplifies the forecast of three major technologies, High Energy Laser, High Power Microwave, and Particle Beam devices. Adjacent to this, the geographical analysis embodies the market forecast of major regions which include, North America, Europe, APAC, the Middle East, and Latin America. Amongst which, North America and Europe are currently dominating the market; but, the market for regions of APAC and the Middle East are expected to show inflation by 2020.
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