Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- The directed energy weapons market is primarily driven by the increasing requirements for high precision weapons during riot control, political disputes and various urban warfare applications globally. The directed energy weapons are demanded by various governments focusing on modernizing their military forces to assimilate them with changing urban warfare tactics. Moreover, directed energy weapons offer less expensive alternatives to ballistic and cruise missile threats as compared to their expensive and conventional counterparts. These factors boost the industry to focus on the development of these weapons.
Browse Full Directed Energy Weapons Market Research Report: http://www.transparencymarketresearch.com/directed-energy-weapons-market.html
In terms of technology, the high energy lasers (HEL) segment held the highest revenue share in 2014. HEL is followed by high power microwaves (HPM) segment, which is also a observing significant growth globally. In terms of deployment, the naval based DEW systems are analyzed to witness fastest growth globally, registering a CAGR of 22% from 2014 to 2020. Furthermore, the non-lethal directed energy weapons are expected to grow at a CAGR of 22.4% over the forecast period from 2014 to 2020.
Geographically, North America is estimated to be leading the global directed energy weapons market with more than 50% market revenue share in 2013 and is expected to continue its dominance throughout the forecast period. The factors responsible for the dominance of the North America are escalating demand for riot control weapons and rising demands from land, air and naval based advanced weapons systems. The U.S. held the largest market for directed energy weapons in the world and is expected to continue its leading position throughout the forecast period. Asia Pacific is estimated to be the fastest growing region in the directed energy weapons market growing with a CAGR of 25.8% from 2014 to 2020. The report includes the market revenues of 16 major countries in the global directed energy weapons market.
Request A Sample Or Table of Content: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5969
The report provides company market share analysis of the leading industry participants. Key industry players have been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis and recent developments in the field of directed energy weapons. Major market participants profiled in this report include the BAE Systems Plc, Lockheed Martin, L-3 Integrated Optical Systems, Raytheon Missile Systems, The Boeing Corporation, Moog Inc., and Rafael Advanced Systems among others.
The directed energy weapons market has been segmented as follows:
Global Directed Energy Weapons Market, 2014 - 2020: By Technology
High Energy Lasers
High Power Microwaves
Global Directed Energy Weapons Market, 2014 - 2020: By Deployment
Global Directed Energy Weapons Market, 2014 - 2020: By Weapon Type
Global Directed Energy Weapons Market, 2014 - 2020: By Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Rest of the World
- Middle East and Africa (MEA)
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Rest of South America
Related Defence & Aeronautics Market Research Report By Transparency Market Research
- Perimeter Security Systems and Solutions Market: http://www.transparencymarketresearch.com/perimeter-security-systems-solutions-market.html
- Aerospace and Defense Fuel Market: http://www.transparencymarketresearch.com/aerospace-defense-fuel-market.html
- Small Arms and Light Weapons (SALW) Market: http://www.transparencymarketresearch.com/small-arms-light-weapons-market.html
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
CONTACT: Mr. Atil Chaudhari 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: email@example.com Website: http://www.transparencymarketresearch.com
Source:Transparency Market Research