Market Overview:
The global directed-energy laser system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for directed-energy lasers in various applications such as industrial, defense, research medical, and others. In addition, the growing awareness about the benefits of using directed-energy lasers is also contributing to the growth of this market. Based on type, gas laser held a major share of the global directed-energy laser system market in 2017. This segment is expected to maintain its dominance during the forecast period owing to its high efficiency and low cost as compared with other types of lasers.
Product Definition:
A directed-energy laser system is a device that emits a powerful beam of light energy. The importance of directed-energy laser systems is that they can be used to disable or destroy targets from a distance.
Gas Laser:
Gas laser is a gas-based optical device that produces light by stimulated emission. It operates at a specific wavelength and has applications in medical, material processing, semiconductor cleaning and engraving, etc. The directed energy laser system market is expected to witness significant growth over the forecast period owing to its wide range of application areas coupled with high efficiency levels as compared to other conventional systems available in the market.
Chemical Laser:
The chemical laser is a light source that produces light by the process of chemical reactions. The most common types of lasers are the dye laser, solid-state laser, and gas-discharge laser. Chemical lasers operate in different ways from optical to high power; they produce their own light by using chemicals as a medium to excite molecular or atomic emissions for instance helium neon which is used in traffic lights and handheld flashlights among others.
Application Insights:
The defense application segment led the global market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to increasing military expenditure across countries, such as China and India, which are major consumers of this technology. Moreover, growing concerns regarding cyber-attacks and data breaches have propelled governments across countries to take necessary measures for enhancing their defense capabilities by investing in high-power lasers technology.
The research medical application segment is expected to witness significant growth over the forecast period owing to extensive R&D activities undertaken by various companies for developing applications of these systems in ophthalmology surgery, dermatology treatment using photothermablation therapy and oncology treatment using thermal ablation therapies.
Regional Analysis:
North America dominated the market in 2017 owing to increasing defense budget and technological advancements. The U.S. military is extensively using these systems in war-torn regions, such as Iraq and Afghanistan, for target acquisition and destruction of Improvised Explosive Devices (IEDs). Moreover, the rise in cases of chronic diseases due to stress has led to an increase in demand for medical applications of DLLS across this region.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising industrialization coupled with growing awareness pertaining its medical applications across countries like China and India among others are driving this regional market forward at a significant pace over the next eight years from 2018 to 2030 (estimated CAGR 8% from 2018to 2030).
Growth Factors:
- Increasing demand for directed-energy laser systems from the defense sector to combat terrorism and insurgency
- Proliferation of laser technology in industrial and commercial applications
- Growing investments in research and development of directed-energy lasers systems
- Rising demand for compact and lightweight directed-energy lasers systems
- Technological advancements in directed-energy lasers systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Directed-energy Laser System Market Research Report
By Type
Gas Laser, Chemical Laser, Excimer Laser, Fiber Laser, Others
By Application
Industrial, Defense, Research Medical, Others
By Companies
Northrop Grumman Corporation, Boeing, L3 Technologies, Ratheon, Moog, Inc., Directed Light Inc., Lockheed Martin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Directed-energy Laser System Market Report Segments:
The global Directed-energy Laser System market is segmented on the basis of:
Types
Gas Laser, Chemical Laser, Excimer Laser, Fiber Laser, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Defense, Research Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Northrop Grumman Corporation
- Boeing
- L3 Technologies
- Ratheon
- Moog, Inc.
- Directed Light Inc.
- Lockheed Martin
Highlights of The Directed-energy Laser System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gas Laser
- Chemical Laser
- Excimer Laser
- Fiber Laser
- Others
- By Application:
- Industrial
- Defense
- Research Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Directed-energy Laser System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A directed-energy laser system is a type of laser that uses lasers to produce beams of energy that are focused on a target. These systems can be used for a variety of purposes, including military applications, industrial processes, and medical treatments.
Some of the key players operating in the directed-energy laser system market are Northrop Grumman Corporation, Boeing, L3 Technologies, Ratheon, Moog, Inc., Directed Light Inc., Lockheed Martin.
The directed-energy laser system market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Directed-energy Laser System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Directed-energy Laser System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Directed-energy Laser System Market - Supply Chain
4.5. Global Directed-energy Laser System Market Forecast
4.5.1. Directed-energy Laser System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Directed-energy Laser System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Directed-energy Laser System Market Absolute $ Opportunity
5. Global Directed-energy Laser System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Directed-energy Laser System Market Size and Volume Forecast by Type
5.3.1. Gas Laser
5.3.2. Chemical Laser
5.3.3. Excimer Laser
5.3.4. Fiber Laser
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Directed-energy Laser System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Directed-energy Laser System Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Defense
6.3.3. Research Medical
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Directed-energy Laser System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Directed-energy Laser System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Directed-energy Laser System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Directed-energy Laser System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Directed-energy Laser System Demand Share Forecast, 2019-2026
9. North America Directed-energy Laser System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Directed-energy Laser System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Directed-energy Laser System Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Defense
9.4.3. Research Medical
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Directed-energy Laser System Market Size and Volume Forecast by Type
9.7.1. Gas Laser
9.7.2. Chemical Laser
9.7.3. Excimer Laser
9.7.4. Fiber Laser
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Directed-energy Laser System Demand Share Forecast, 2019-2026
10. Latin America Directed-energy Laser System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Directed-energy Laser System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Directed-energy Laser System Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Defense
10.4.3. Research Medical
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Directed-energy Laser System Market Size and Volume Forecast by Type
10.7.1. Gas Laser
10.7.2. Chemical Laser
10.7.3. Excimer Laser
10.7.4. Fiber Laser
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Directed-energy Laser System Demand Share Forecast, 2019-2026
11. Europe Directed-energy Laser System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Directed-energy Laser System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Directed-energy Laser System Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Defense
11.4.3. Research Medical
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Directed-energy Laser System Market Size and Volume Forecast by Type
11.7.1. Gas Laser
11.7.2. Chemical Laser
11.7.3. Excimer Laser
11.7.4. Fiber Laser
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Directed-energy Laser System Demand Share, 2019-2026
12. Asia Pacific Directed-energy Laser System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Directed-energy Laser System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Directed-energy Laser System Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Defense
12.4.3. Research Medical
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Directed-energy Laser System Market Size and Volume Forecast by Type
12.7.1. Gas Laser
12.7.2. Chemical Laser
12.7.3. Excimer Laser
12.7.4. Fiber Laser
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Directed-energy Laser System Demand Share, 2019-2026
13. Middle East & Africa Directed-energy Laser System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Directed-energy Laser System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Directed-energy Laser System Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Defense
13.4.3. Research Medical
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Directed-energy Laser System Market Size and Volume Forecast by Type
13.7.1. Gas Laser
13.7.2. Chemical Laser
13.7.3. Excimer Laser
13.7.4. Fiber Laser
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Directed-energy Laser System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Directed-energy Laser System Market: Market Share Analysis
14.2. Directed-energy Laser System Distributors and Customers
14.3. Directed-energy Laser System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Northrop Grumman Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boeing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. L3 Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ratheon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Moog, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Directed Light Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lockheed Martin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
