Laser Weapon Systems Market Size, Scope, and Share by 2031
Laser Weapon Systems Market: Strategic Insights
Laser Weapon Systems Market
-
CAGR (2023 - 2031)20.8% -
Market Size 2023
US$ 2.03 Billion -
Market Size 2031
US$ 9.18 Billion
Market Dynamics
GROWTH DRIVERS
- Technological developments in laser weapon system
- Rising procurement of directed energy weapons
FUTURE TRENDS
- Increase in demand of high-energy laser weapon system
OPPORTUNITIES
- Development of Laser Weapon System for Fighter Aircraft
Key Players
- Elbit Systems Ltd
- L3Harris Technologies Inc
- LOCKHEED MARTIN CORPORATION
- MBDA
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Rheinmetall AG
- Boeing
- Applied Technology Associates
- General Atomics
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Chemical Laser
- Solid-State Laser
- Free Electron Laser
- Fiber Laser
Application
- Air-based
- Ground-based
- Sea-based