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Military Laser Systems Market Size

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

Military Laser Systems Market Size

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.

 

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.

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.

Military Laser Systems Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 340
  • Countries covered: 20
  • Pages: 279
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