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Military Laser Systems Market size valued at USD 4 billion in 2022 and is set to witness over 5% CAGR between 2023 and 2032. The demand for military laser systems is primarily fueled by a significant rise in geopolitical conflicts and terrorist activities around the world. The market is expanding due to the increasing use of various laser-based military solutions, such as offensive laser systems, perimeter breach detection systems, laser countermeasure systems, threat reduction and weapon guidance applications.
The rising defense industry investments as well as the introduction of numerous military modernization programs are boosting the military laser systems market growth. The growing trend of Communication Navigation Surveillance (CNS) systems to enhance situational awareness and lessen the workload of military personnel is stimulating the demand for military laser systems.
Report Attribute | Details |
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Base Year: | 2022 |
Military Laser Systems Market Size in 2022: | USD 4 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5% |
2032 Value Projection: | USD 9 Billion |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 279 |
Tables, Charts & Figures: | 340 |
Segments covered: | Product, Application, Technology, End-Use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Military laser systems use direct-to-diode sources with a rugged design to withstand the extensive shock and vibrations for deployment in harsh environments. Military lasers are used to confuse & dazzle the enemy in various applications such as targeting systems, night vision equipment, distraction devices, and psychological warfare. The advancements in various kilowatt laser combination techniques, beam control technology for energy adjustment, and the use of Artificial Intelligence (AI) are expected to augment the demand for laser-directed weapons.
Laser beams can reach their target in nanoseconds as they move at the speed of light, which is faster than the speed of any physical object. Moreover, the weapon's targeting system must first identify the target before the laser beam can be pointed at it. The weapon's tracking system then directs a beam in the direction of the target's motion or projectile, holding it there for enough time to burn a hole through the target.
The aerospace & defense sector witnessed a decline in demand and production operations during the COVID-19 pandemic as the delivery of new aircraft was delayed and employees were sent home due to the imposition of lockdowns. Contractors on the defense side were in a better position since the pandemic had a smaller short- to mid-term impact than it did on the aerospace industry. However, with the start of vaccination drives in 2021, lockdowns and travel restrictions were lifted, in turn, resulting in the resumption of supply chain operations.
Technological breakthroughs and increased R&D investments are projected to aid market growth. Military lasers are precise enough for long-range applications. These systems can also be used for laser communication. Lasers, in this regard, produce short pulses with low energy consumption. Laser systems are used in military applications to protect troops in the field from artillery shells, military drones, and missiles. Military lasers do not emit miniature sonic booms, are silent, and cannot be detected by humans. This is increasing the demand for military laser systems, which is estimated to fuel market growth.
Based on application, the mar military laser systems market is divided into laser countermeasures, laser communication systems, laser targeting & ranging, and others. The laser communication systems held a dominant market share and accounted for over USD 1.5 billion in 2022. In military operations, the demand for high-bandwidth communication systems is on the rise due to the proliferation of data-intensive applications. Laser communication systems have emerged as a promising solution, offering substantially higher data transfer rates compared to traditional Radio Frequency (RF) systems. This heightened bandwidth capacity enables the seamless transmission of large volumes of data, including high-definition video feeds, sensor data, and other crucial information, effectively meeting the evolving requirements of military operations.
Based on product, the military laser systems market is segmented into laser designator, LiDAR, 3D scanning, laser weapon, laser range finder, ring laser gyroscope, and laser altimeter. The 3D scanning segment to register gains at nearly 4% through 2032. 3D scanning produces a three-dimensional image of an object by using airborne laser technology. It is used for surveying, mapping, and measuring objects in hard-to-reach places. The military utilizes this technology for target acquisition, navigation, and surveillance. These advantages will increase the demand for 3D scanners.
Based on end use, the defense sector captured about 50% of the global market share in 2022 and is predicted to exhibit lucrative growth through 2032. On account of the rising demand for long-range precision strike capability, the defense sector dominated the overall market. Due to their nuclear weapons capabilities, the U.S., China, Russia, and India are at a high risk of suffering from ballistic missile attacks; thus, they are developing airborne lasers as part of a layered missile defense system. Through years of intensive research & development, countries including France and Israel have also built strong military capabilities. These countries are anticipated to become important regional markets owing to the rising instability in the Asia Pacific region.
Europe military laser systems market is likely to grow at a CAGR of over 8% from 2023 to 2032. The government's increased emphasis on bolstering military hardware and laser weapon innovations by manufacturers are driving market expansion in Europe. Regional market participants are making significant investments in R&D projects to develop new products. By establishing alliances with top manufacturers and governments, the countries in the region are creating more sophisticated weaponry to enhance their military and defense. The market is expanding owing to the increased interest in laser weapon systems and the growing knowledge of their potential capabilities.
Some major players operating in the military laser systems market are
These players focus on strategic partnerships and new laser communication system launches for market expansion. They are heavily investing in research to introduce innovative products and garner maximum revenue in the market.
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