Military Laser Systems Market by Application and by Domain - Forecast and Analysis to 2014 - 2020

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Dublin, Aug. 5, 2014 (GLOBE NEWSWIRE) -- Research and Markets ( has announced the addition of the "Military Laser Systems Market by Application and by Domain - Forecast and Analysis to 2014 - 2020" report to their offering.

The Military Laser Systems Market for aerospace, defense, and homeland security is expected to register a CAGR of 4.23% and rise to approximately $ 2.73 billion by 2020.

International trade in arms is diverse and vigorous, and is creating an impact in every region of the world. The style of warfare has changed and the use of small weapons by the army has also increased. Governments are buying millions of laser guided ammunition each year. Millions of additional foreign-sourced weapons are procured by military and law enforcement agencies worldwide.

Advances in commercial and military technologies are rapidly increasing the capabilities of low cost laser technology. Lasers are highly efficient and help in reducing the size of supporting power and cooling systems, which allow high energy weapons to be packed into smaller platforms such as aircraft and trucks.

The report discusses the market opportunities for various military laser systems used for homeland security, defense, and commercial applications, during the forecast period 2014-2020. The laser systems market covered in this report are laser designator, laser range finder, LIDAR, laser altimeter , 3D scanner, and other laser products.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Trend Analysis

5 Products Market

6 Applications Market

7 Technology Market

8 Geographic Analysis

9 Competitive Landscape

10 Company Profiles Company Profiles Company Profiles

Companies Mentioned:

  • Coherent Inc
  • Creaform Inc
  • Faro Technologies
  • IPG Photonics
  • Lockheed Martin
  • Newport
  • Northrop Grumman
  • Raytheon
  • Rofin- Sinar Technologies
  • Thales
  • Trimble
  • Trumpf

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Source:Research and Markets