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Military Laser Systems Market Share

Report ID: GMI5764
Published Date: May 2023
Report Format: PDF

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Military Laser Systems Market Share

Some major players operating in the military laser systems market are

BAE Systems PLC
Boeing
Coherent Corp
Elbit Systems
L3Harris Technologies, Inc.
Leonardo S.p.A.
Lockheed Martin Corporation
MBDA
Newport Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
Rheinmetall AG
SAFRAN SA

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.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market valuation of laser systems reached USD 4 billion in 2022 and is anticipated to grow at over 5% CAGR between 2023 and 2032 fueled by a significant rise in geopolitical conflicts and terrorist activities globally.

The 3D scanning segment is expected to grow at 4% CAGR through 2032 owing to the increasing use of this technology for surveying, mapping, and measuring objects in hard-to-reach places in the military sector.

The Europe market for military laser systems is projected to grow at 8% CAGR through 2032 attributed to the increasing government focus on bolstering military hardware and laser weapon innovations by manufacturers.

BAE Systems PLC, Boeing, Coherent Corp, Elbit Systems, L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, MBDA, Newport Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rheinmetall AG, and SAFRAN SA are the major players in the market.