Market Overview:
The global military laser systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser systems from defense and homeland security applications. In terms of type, the fiber laser segment is expected to lead the global military laser systems market during the forecast period, followed by solid-state lasers and chemical lasers. The fiber laser segment is projected to grow at a CAGR of 6.0% during the forecast period, while that of solid-state lasers is projected to grow at a CAGR of 4.8%.
Product Definition:
Military laser systems are a type of directed energy weapon system that emit a focused beam of light energy, or laser radiation. They have many uses including target designation, battlefield illumination, and communication.
Fiber Laser:
Fiber lasers are a new generation of laser technology that has been around for only about 20 years. Fiber lasers have many unique properties, such as high power, lightweight, and flexibility that make them extremely valuable in modern military applications. Fiber laser systems used by the U.S military can be divided into two broad categories: tactical and strategic systems.
Solid-State:
Solid-state is a term used for technology that uses semiconductor materials such as germanium, silicon or gallium for amplification and switching of electronic signals. The solid-state laser systems are characterized by low power consumption, high speed and efficiency along with the ability to produce several output colors.
Application Insights:
The defense segment dominated the global military laser systems market in 2017 and is expected to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing investments by countries such as China, Russia, and the U.S., for developing advanced military lasers. These nations are focusing on enhancing their capabilities in air-to-air combat, ground troops operations, and airborne assaults with the use of these systems.
Homeland security is expected to witness significant growth over the forecast period owing to growing concerns regarding natural disasters such as earthquakes, volcano eruptions, floods etcetera across various regions including Asia Pacific and Middle East & Africa.
Regional Analysis:
The North America regional market dominated the global military laser systems industry in 2016 and accounted for over 35% of the total revenue share. The growth is attributed to increasing defense budget by the U.S., which has fueled the demand for high-power lasers, sophisticated targeting systems, and other related equipment used in war theaters across Afghanistan, Iraq, Syria and other areas of concern around the world.
Asia Pacific is expected to be one of fastest growing regions due to rising geopolitical tensions between China and India as well as with various countries such as Vietnam, Philippines etc., thereby driving demand for high-powered military equipment such as long-range precision strikes using a laser system that can penetrate through clouds & smoke screens at night time or during rainy weather conditions with minimal collateral damage.
Growth Factors:
- Increasing demand for laser systems from the defense sector owing to the increasing need for advanced and sophisticated weapons systems.
- Growing investments by governments in military modernization programs, which is expected to drive the demand for laser systems over the forecast period.
- Proliferation of terrorist activities and insurgencies across regions is expected to boost the demand for laser-based security and surveillance systems over the next few years.
- Rising adoption of lasers in medical applications such as surgery, dentistry, ophthalmology, and cosmetic treatments is anticipated to propel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Laser Systems Market Research Report
By Type
Fiber Laser, Solid-State, Chemical Laser, CO2 Laser, Semiconductor Laser
By Application
Defense, Homeland Security
By Companies
Raytheon, Coherent, Newport, Lockheed Martin, Thales, Raytheon, American Laser Enterprises
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Military Laser Systems Market Report Segments:
The global Military Laser Systems market is segmented on the basis of:
Types
Fiber Laser, Solid-State, Chemical Laser, CO2 Laser, Semiconductor Laser
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
Defense, Homeland Security
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:
- Raytheon
- Coherent
- Newport
- Lockheed Martin
- Thales
- Raytheon
- American Laser Enterprises
Highlights of The Military Laser Systems 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:
- Fiber Laser
- Solid-State
- Chemical Laser
- CO2 Laser
- Semiconductor Laser
- By Application:
- Defense
- Homeland Security
- 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 Military Laser Systems 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?
Military laser systems are devices that use lasers to shoot down enemy aircraft, missiles, or other targets.
Some of the major players in the military laser systems market are Raytheon, Coherent, Newport, Lockheed Martin, Thales, Raytheon, American Laser Enterprises.
The military laser systems market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Military Laser Systems 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. Military Laser Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Military Laser Systems Market - Supply Chain
4.5. Global Military Laser Systems Market Forecast
4.5.1. Military Laser Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Military Laser Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Military Laser Systems Market Absolute $ Opportunity
5. Global Military Laser Systems 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. Military Laser Systems Market Size and Volume Forecast by Type
5.3.1. Fiber Laser
5.3.2. Solid-State
5.3.3. Chemical Laser
5.3.4. CO2 Laser
5.3.5. Semiconductor Laser
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Military Laser Systems 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. Military Laser Systems Market Size and Volume Forecast by Application
6.3.1. Defense
6.3.2. Homeland Security
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Military Laser Systems 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. Military Laser Systems 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 Military Laser Systems 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. Military Laser Systems 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 Military Laser Systems Demand Share Forecast, 2019-2026
9. North America Military Laser Systems 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 Military Laser Systems 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 Military Laser Systems Market Size and Volume Forecast by Application
9.4.1. Defense
9.4.2. Homeland Security
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Military Laser Systems Market Size and Volume Forecast by Type
9.7.1. Fiber Laser
9.7.2. Solid-State
9.7.3. Chemical Laser
9.7.4. CO2 Laser
9.7.5. Semiconductor Laser
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 Military Laser Systems Demand Share Forecast, 2019-2026
10. Latin America Military Laser Systems 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 Military Laser Systems 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 Military Laser Systems Market Size and Volume Forecast by Application
10.4.1. Defense
10.4.2. Homeland Security
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Military Laser Systems Market Size and Volume Forecast by Type
10.7.1. Fiber Laser
10.7.2. Solid-State
10.7.3. Chemical Laser
10.7.4. CO2 Laser
10.7.5. Semiconductor Laser
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 Military Laser Systems Demand Share Forecast, 2019-2026
11. Europe Military Laser Systems 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 Military Laser Systems 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 Military Laser Systems Market Size and Volume Forecast by Application
11.4.1. Defense
11.4.2. Homeland Security
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Military Laser Systems Market Size and Volume Forecast by Type
11.7.1. Fiber Laser
11.7.2. Solid-State
11.7.3. Chemical Laser
11.7.4. CO2 Laser
11.7.5. Semiconductor Laser
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 Military Laser Systems Demand Share, 2019-2026
12. Asia Pacific Military Laser Systems 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 Military Laser Systems 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 Military Laser Systems Market Size and Volume Forecast by Application
12.4.1. Defense
12.4.2. Homeland Security
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Military Laser Systems Market Size and Volume Forecast by Type
12.7.1. Fiber Laser
12.7.2. Solid-State
12.7.3. Chemical Laser
12.7.4. CO2 Laser
12.7.5. Semiconductor Laser
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 Military Laser Systems Demand Share, 2019-2026
13. Middle East & Africa Military Laser Systems 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 Military Laser Systems 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 Military Laser Systems Market Size and Volume Forecast by Application
13.4.1. Defense
13.4.2. Homeland Security
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Military Laser Systems Market Size and Volume Forecast by Type
13.7.1. Fiber Laser
13.7.2. Solid-State
13.7.3. Chemical Laser
13.7.4. CO2 Laser
13.7.5. Semiconductor Laser
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 Military Laser Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Military Laser Systems Market: Market Share Analysis
14.2. Military Laser Systems Distributors and Customers
14.3. Military Laser Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Raytheon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Coherent
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Newport
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lockheed Martin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thales
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Raytheon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. American Laser Enterprises
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