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Directed Energy Weapons Market Share

Report ID: GMI5715
Published Date: Dec 2024
Report Format: PDF

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Directed Energy Weapons Market Share

U.S. Directed Energy Weapons Market Size, 2021-2034 (USD Billion)

Lockheed Martin Corporation, Raytheon Technologies Corporation, and Northrop Grumman Corporation are significant players in the directed energy weapons (DEW) market. Lockheed Martin develops high-powered laser systems and integrates DEWs into defense platforms. Raytheon Technologies produces laser and microwave technology solutions for countering aerial threats. Northrop Grumman develops scalable DEW systems and advances power and beam control technologies. These companies support military forces with advanced systems for modern warfare and defense applications.

Directed Energy Weapons Market Companies

Major players operating in the directed energy weapons industry are:

BAE Systems PLC
Elbit Systems Ltd
Honeywell International Inc
L3Harris Technologies, Inc
Leonardo SpA
Lockheed Martin Corporation
Moog, Inc.
Northrop Grumman Corporation
QinetiQ Limited
Rafael Advanced Defense Systems Ltd.
Raytheon Technologies Corporation
Rheinmetall AG
Textron, Inc.
Thales Group
The Boeing Company

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for directed energy weapons was valued at USD 6.7 billion in 2024 and is projected to reach USD 33.4 billion by 2034, driven by a CAGR of 17.6% during the forecast period due to increasing military investments in advanced defense technologies.

The lethal segment held a 59.1% market share in 2024, driven by its ability to deliver precision strikes at the speed of light and effectively neutralize fast-moving threats like drones and missiles.

The North America market is expected to exceed USD 14.5 billion by 2034, driven by robust government support, private sector investments, and continuous technological advancements.

Major players in the industry include BAE Systems PLC, Elbit Systems Ltd, Honeywell International Inc, L3Harris Technologies, Inc, Leonardo SpA, Lockheed Martin Corporation, Moog, Inc., Northrop Grumman Corporation, QinetiQ Limited, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Textron, Inc., Thales Group, and The Boeing Company.