Global Military Laser Systems Market Size, Share, and COVID-19 Impact Analysis, By Product (LiDAR, 3D Scanning, Laser Weapon, Laser Range Finder), By Application (Laser Countermeasures, Laser Communication Systems, Laser Targeting & Ranging, and Others), By Technology (Fiber Laser, Solid- State Laser, Chemical Laser, CO2 Laser, Semiconductor Laser, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032

Industry: Aerospace & Defense

RELEASE DATE Jun 2023
REPORT ID SI2068
PAGES 200
REPORT FORMAT PathSoft

Global Military Laser Systems Market Insights Forecasts to 2032

  • The Global Military Laser Systems Market Size was valued at USD 4.2 Billion in 2022.
  • The Market Size is Growing at a CAGR of 10.01% from 2022 to 2032.
  • The worldwide Military Laser Systems Market size is expected to reach USD 10.9 Billion by 2032.

Global Military Laser Systems Market

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The Global Military Laser Systems Market Size is expected to reach USD 10.9 Billion by 2032, at a CAGR of 10.01% during the forecast period 2022 to 2032.

 

Market Overview

Military laser systems employ direct-to-diode sources with sturdy construction to handle the significant stress and vibrations associated with deployment in difficult situations. Military lasers are employed to confound and dazzle the opponent in a variety of 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) is expected to augment the demand for laser-directed weapons. The military laser systems market has expanded significantly in recent years and is likely to increase further. This expansion can be attributed to a variety of factors, including increased defense budgets, advances in laser technology, the need for precision-guided weapons, rising demand for modernizing military platforms, and a focus on improving situational awareness and engagement capabilities. Due to the escalating geopolitical issues, the military is deploying cutting-edge laser systems onboard a variety of military platforms to support the combat and non-combat needs of military personnel. The rising demand for such systems from the world's armed forces for incorporation into a wide range of weaponry is fueling the military laser systems market. Adoption of such systems is also spurred by their intrinsic benefits, which include high accuracy, quick traversal, and low cost.

 

Report Coverage

This research report categorizes the global military laser systems market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global military laser systems market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global military laser systems market. Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market.

 

Global Military Laser Systems Market Report Coverage

Report CoverageDetails
Base Year:2022
Market Size in 2022:USD 4.2 Billion
Forecast Period:2022-2032
Forecast Period CAGR 2022-2032 :10.01%
2032 Value Projection:USD 10.9 Billion
Historical Data for:2018-2021
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Product, By Application, By Technology, By Region.
Companies covered::American Laser Enterprises, LLC, BAE Systems PLC, Coherent Inc., Frankfurt Laser Company, Lockheed Martin Corporation, Newport Corporation, Northrop Grumman Corporation, Quantel, Raytheon Company, Boeing, SAFRAN SA
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

The major contributing factor driving the growth of the military laser systems market is the usage of laser-based communications for military applications, as these are highly beneficial for tactical and strategic purposes. The military uses military laser systems for offensive and defensive operations in a variety of air, land, naval, and space operations. Laser-based weapons are also deployed by various countries and are thought to be the weapons of the future. In addition, the military and defense sector spends a significant amount of money on R&D and weapon development projects. Furthermore, the market for military laser systems is being driven largely by an increase in geopolitical disputes and terrorist activities throughout the world. The market is growing as more laser-based military solutions, such as offensive laser systems, perimeter breach detection systems, laser countermeasure systems, threat reduction, and weapon guidance applications, are being used.

 

Restraining Factors

The initial cost of producing military laser systems is costly due to the demand for the appropriate time for research and development, infrastructure for building laser systems from scratch, field testing, demonstration, and installation. Furthermore, military laser system design and manufacturing are complex and require a high level of technical skill, resulting in significant production costs. Because of the high level of complexity and precision required, these systems must also be maintained and upgraded regularly, raising the overall cost.

 

Market Segmentation

  • In 2022, the 3D scanning segment is dominating the largest market share over the forecast period.

Based on the product, the global military laser systems market is divided into LiDAR, 3D scanning, laser weapon, and laser range finder. Among these segments, the 3D scanning segment is dominating the market with the largest revenue share during the forecast period. 3D laser scanning is one of the most beneficial tools the military segment could ever adopt as it can take thousands of pictures per second, thus capturing all the details of an object or an item.  It is becoming a key tool for digitalizing the armed forces and moving forward without jeopardizing human lives. These military laser systems, such as laser designators, laser range finders, and laser ring gyros, have several advantages, may save time and money for the military and defense sectors, and are likely to pave the way for next-generation weapon systems.

 

  • In 2022, the laser communication systems segment is influencing the largest market growth over the forecast period.

Based on application, the global military laser systems market is segmented into different segments such as laser countermeasures, laser communication systems, laser targeting & ranging, and others. Among these segments, the laser communication systems segment is dominating the market with the largest revenue share during the forecast period due to the growth of data-intensive applications driving the demand for high-bandwidth communication networks in military operations. Laser communication technologies have emerged as a possible alternative, delivering significantly better data transfer rates than typical Radio Frequency (RF) systems. This increased bandwidth capacity enables the smooth transfer of enormous amounts of data, such as high-definition video feeds, sensor data, and other critical information, successfully addressing the expanding requirements of military operations.

 

  • In 2022, the solid-state laser segment is leading the market with the largest market growth during the forecast period.

Based on the technology, the global military laser systems market is bifurcated into fiber laser, solid-state laser, chemical laser, CO2 laser, semiconductor laser, and others. Among these segments, the solid-state laser segment is dominating the market with the largest share during the forecast period They are suitable for defensive duties such as destroying and lighting targets for air defense, ship protection, mine demolition, and optoelectronic warfare. Solid-state lasers use just electrical energy to operate, making them simpler than chemical lasers. Chemical lasers are a type of directed energy weapon that is commonly employed to track and kill anti-ship cruise missiles.

 

Regional Segment Analysis of the global military laser systems market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Europe dominates the market with the largest market share during the forecast period

 

Global Military Laser Systems Market

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Europe dominates the market with the largest market share during the forecast period. The government's increased emphasis on increasing military equipment as well as laser weapon advancements by manufacturers, are fueling market expansion in Europe. Regional market participants are investing heavily in R&D initiatives to create new items. Countries in the area are developing more advanced armaments by forming relationships with leading manufacturers and governments. The market is developing as a result of rising interest in laser weapon systems and a growing understanding of their potential capabilities.

 

Competitive Analysis

The report offers the appropriate analysis of the key organizations/companies involved within the global military laser systems market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • American Laser Enterprises, LLC
  • BAE Systems PLC
  • Coherent Inc.
  • Frankfurt Laser Company
  • Lockheed Martin Corporation
  • Newport Corporation
  • Northrop Grumman Corporation
  • Quantel
  • Raytheon Company
  • Boeing
  • SAFRAN SA

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Development

  • In April 2023, the United States Department of Defense (DoD) has chosen Centennial-based NUBURU Inc. for a position on a multi-award IDIQ contract for the fabrication and delivery of prototypes and equipment supporting solid-state High-energy Laser (HEL) weapon systems. NUBURU Inc. designs develops, and manufactures high-power, high-brightness blue lasers.

 

  • In March 2023, Blighter Surveillance Systems, a British designer and producer of electronic-scanning radars and surveillance solutions, got a contract to equip Raytheon UK with its Multi-Mode A800 3D e-scan radars as part of a Laser Directed Energy Weapon (LDEW) System project with the UK MoD.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2022 to 2032. Spherical Insights has segmented the Global Military Laser Systems Market based on the below-mentioned segments:

 

Global Military Laser Systems Market, By Product

  • LiDAR
  • 3D Scanning
  • Laser Weapon
  • Laser Range Finder

 

Global Military Laser Systems Market, By Application

  • Laser Countermeasures,
  • Laser Communication Systems
  • laser targeting & ranging
  • others

 

Global Military Laser Systems Market, By Technology

  • Fiber Laser
  • Solid- State Laser
  • Chemical Laser
  • CO2 Laser
  • Semiconductor Laser
  • Others

 

Military Laser Systems Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

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