Laser Weapon Systems Market Scope And Analysis

Report Code : TIPRE00018346
Category : Aerospace and Defense

No. of Pages : 150

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Laser Weapon Systems Market Scope, Analysis, and Trends by 2031

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Laser Weapon Systems Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 2.03 Billion
Market Size by 2031	US$ 9.18 Billion
Global CAGR (2023 - 2031)	20.8%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Chemical Laser Solid-State Laser Free Electron Laser Fiber Laser By Application Air-based Ground-based Sea-based
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Elbit Systems Ltd L3Harris Technologies Inc LOCKHEED MARTIN CORPORATION MBDA Northrop Grumman Corporation Raytheon Technologies Corporation Rheinmetall AG Boeing Applied Technology Associates General Atomics

Laser Weapon Systems Market News and Recent Developments

The laser weapon systems market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the laser weapon systems market are listed below:

The Palletized High Energy Laser (P-HEL) system, developed by BlueHalo in support of the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO), has a proven track record of successfully engaging and eliminating small unmanned aerial system (sUAS) threats to forces and critical infrastructure–a rapidly growing concern to U.S. battlefield dominance. BlueHalo was awarded a four-year logistics support contract to provide preventative and corrective maintenance along with operator and maintenance team training for BlueHalo’s P-HEL system. This newly awarded contract establishes BlueHalo as the full-cycle lead system integrator from prototype development to frontline operations for the P-HEL system. (Source: BlueHalo, Press Release, Apr 2024)
Raytheon UK is set to receive its first high-energy laser weapon system to be tested and integrated in the United Kingdom, marking a significant advancement in the understanding of how such systems can be fielded. (Source: Raytheon Technologies Corpoation, Press Release, Sep 2023)

Laser Weapon Systems Market Report Coverage and Deliverables

The “Laser Weapon Systems Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Laser weapon systems market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Laser weapon systems market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed porter’s five forces analysis
Laser weapon systems market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the laser weapon systems market
Detailed company profiles