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Global Military Laser Systems Market Size, Share & COVID-19 Impact Analysis, By Product (Laser Designator, LIDAR, 3D Scanning, Laser Range Finder, Ring Laser Gyro and Laser Altimeter), By Application (Aerospace and Homeland Security), By Technology (Fiber Laser, Solid-State Laser, Chemical Laser, CO2 Laser and Semiconductor Laser), and Regional Forecasts, 2023-2030

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The global military laser systems market size was valued at USD 4.9 billion in 2022. The market is projected to grow from USD 4.9 billion in 2022 to USD 8.2 billion by 2030, exhibiting a CAGR of 8.90% during the forecast period.
 
A significant increase in geopolitical disputes and terrorist activities worldwide is primarily driving the market for military laser systems. Additionally, 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, etc., in threat reduction and weapon guidance applications. Rising defense industry investments and numerous military modernization initiatives are further boosting the global market. Additionally, the need for military laser systems is being stimulated by the growing trend toward communication navigation surveillance (CNS) systems to enhance situational awareness and lessen the workload of military personnel.
 
COVID-19 IMPACT

After the conclusion of COVID-19, it is envisaged that production for the market for military laser systems will be more flexible. Due to the shutdown, it is anticipated that the supply chain interruption will impact the company's future growth. The ongoing pandemic is not generating money for businesses, which will cause significant losses throughout the year. To resurrect the market, businesses must operate on a significant margin basis. Due to the lockout, a considerable financial loss has been accounted for in the income production of the manufacturers of military laser systems.
 
DRIVING FACTORS

The Market's Expansion Will Be Fuelled By The Advancement Of Laser-Based Communication

Due to the importance of the tactical and strategic actions covered by military communication, a high level of confidentiality is required. At the moment, the majority of these conversations take place across radio frequencies with constrained radio spectrums. Defense establishments are concentrating on developing laser networks that provide better bandwidth because this prevents widespread adoption in the military sector. For instance, the U.S. Office of Naval Research's Future Naval Capabilities program supported the development of the laser-based communication system TALON (Tactical Line-of-Sight Optical Network) in 2013. This advancement has demonstrated that radio-frequency-based communication systems cannot match the speed of laser communications, which can go up to a thousand times quicker. The electromagnetic spectrum's higher frequency wavelengths do not require the utilization of crowded radio-frequency bands. Additionally, the technology offers increased security because laser beams have a limited chance of being intercepted.
 
RESTRAINING FACTORS

Current Laser Weapon System Restrictions Pose A Significant Obstacle To The Market's Expansion

Laser beams can reach their target in a matter of nanoseconds because they move at the speed of light, which is faster than the speed of any physical object. However, the weapon's targeting mechanism must first identify the target before the laser beam can be pointed at it. The weapon's tracking system then directs a beam toward the target's motion or projectile, holding it there for sufficient time to burn a hole in the target. Current laser weapon systems cannot pinpoint the precise spot on some weaponized attack systems because they move at high speeds, such as ballistic and cruise missiles. Using laser weapon systems against sophisticated weapon systems has proven difficult due to these constraints. The development of modern laser weapon system technologies is the subject of major investments, R&D, and advancements. As a result, more powerful laser weapon systems will be created, but the price of these technologies will increase.
 
SEGMENTATION

By Product

Military Laser Systems Market By Product
Based on product, the military laser systems market is segmented into laser designator, LIDAR, 3D scanning, laser range finder, ring laser gyro and laser altimeter. The 3D scanning category dominated the market in 2022. A digital 3D model of an object is created using the 3D laser scanning technique, which uses lasers to measure the geometry of the thing. As 3D laser scanning can capture three-dimensional data on things, regardless of their surface features or size, it is employed in various settings and businesses.
 
By Application

Based on application, the military laser systems market is segmented into aerospace and homeland security. The homeland security category dominated the market in 2022 due to escalating worries about terrorism, and natural disasters, including earthquakes and volcano eruptions. The United States, China, Japan, and India are all vulnerable to earthquakes that could cause volcanic eruptions or tsunamis, rendering them subject to domestic and international disaster risk management (i.e., globally connected society).
 
By Technology

Based on technology, the military laser systems market is segmented into fiber laser, solid-state laser, chemical laser, CO2 laser and semiconductor laser. The CO2 laser category dominated the market in 2022. The most prevalent kind of laser utilized in military systems is the CO2 laser. They have several advantages over other types of lasers, including their small size and lightweight, which make them portable and simple to use; their short wavelength (near infrared); their ability to penetrate materials like armor; and their ability to be tuned to produce a variety of light colors, which can be used to identify targets and follow moving objects.
 
REGIONAL INSIGHTS

Military Laser Systems Market By Region
North America is projected to hold the largest military laser systems market share over the forecast period. The region's military sector is developed and well-supported by a robust infrastructure for research and development. Additionally, the area has recently run several programs to create laser-based weapon systems. The military of the United States wants to equip its ships, planes, and land vehicles with laser-based weaponry. On the other hand, the Asia Pacific military laser systems market is anticipated to grow significantly. This is related to governments' growing attention on bolstering the military and defense industry in nations like China and others, which is driving up investments in the study and development of the military infrastructure.
 
Recent Development:
  • January 2021: To track space objects, South Korea has announced a 45 billion dollar investment over the next five years.
 
LIST OF KEY COMPANIES PROFILED:
  • BAE Systems PLC
  • Coherent Inc.
  • Elbit Systems Ltd.
  • Lockheed Martin Corporation
  • MKS Instruments Inc.
  • Northrop Grumman Corporation
  • Rafael Advanced Defense Systems Limited
  • Raytheon Technologies Corporation
  • Thales Group
  • The Boeing Company
REPORT SCOPE AND SEGMENTATION
 
Attributes Details
Market Size in 2022 USD 4.9 Billion
Market Forecast in 2030 USD 8.2 Billion
Compound Annual Growth Rate 8.90%
Unit Revenue (USD Million) and Volume (Kilo Tons)
Segmentation By Product Type, By Application, By Technology and By Geography
By Product Type
  • Laser Designator
  • LIDAR
  • 3D Scanning
  • Laser Range Finder
  • Ring Laser Gyro
  • Laser Altimeter
By Application
  • Aerospace
  • Homeland Security
By Technology
  • Fiber Laser
  • Solid-State Laser
  • Chemical Laser
  • CO2 Laser
  • Semiconductor Laser
By Region
  • North America: U.S and Canada
  • Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
  • APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Chile
  • The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2022
Historical Year 2016-2021
Forecast Year 2023-2030
Chapter 1    Preface

    1.1    Report Scope and Description
        1.1.1    Study Purpose
        1.1.2    Target Audience
        1.1.3    USP and Key Offerings
    1.2    Key Benefits for Stakeholders
    1.3    Report Scope

Chapter 2    Report Summary

    2.1    Key Findings
        2.1.1    Top Investment Pockets
    2.2    Market Snapshot: Global Military Laser Systems Market
    2.3    Global Military Laser Systems Market, 2019 – 2030 (US$ Mn)

Chapter 3    COVID 19 Impact Analysis

    3.1    Impact Assessment of COVID-19 Pandemic, By Region
        3.1.1    North America: Impact of COVID-19 Pandemic
        3.1.2    Europe: Impact of COVID-19 Pandemic
        3.1.3    Asia pacific: Impact of COVID-19 Pandemic
        3.1.4    Latin America: Impact of COVID-19 Pandemic
        3.1.5    Middle-East and Africa: Impact of COVID-19 Pandemic
    3.2    Key Strategies Undertaken by Companies to Tackle COVID-19
    3.3    Quarterly Market Revenue by Region 2021 & 2023
    3.4    Pre COVID-19 Market Revenue, By Region, 2016-2019        (USD Million)
    3.5    Post COVID-19 Market Revenue, By Region, 2020-2030 (USD Million)
    3.6    Short Term Dynamics
    3.7    Long Term Dynamics

Chapter 4    Global Military Laser Systems Market, By Product Type Segment Analysis

    4.1    Military Laser Systems Market Overview, By Product Type Segment
        4.1.1    Global Military Laser Systems Market Revenue Share, By Product Type, 2023 & 2030 (Value, %)
    4.2    Laser Designator
        4.2.1    Military Laser Systems Share Forecast, By Region (USD Million)
        4.2.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.2.3    Key Market Trends, Growth Factors, & Opportunities
    4.3    LIDAR
        4.3.1    Military Laser Systems Share Forecast, By Region (USD Million)
        4.3.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.3.3    Key Market Trends, Growth Factors, & Opportunities
    4.4    3D Scanning
        4.4.1    Military Laser Systems Share Forecast, By Region (USD Million)
        4.4.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.4.3    Key Market Trends, Growth Factors, & Opportunities
    4.5    Laser Range Finder
        4.5.1    Military Laser Systems Share Forecast, By Region (USD Million)
        4.5.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.5.3    Key Market Trends, Growth Factors, & Opportunities
    4.6    Ring Laser Gyro
        4.6.1    Military Laser Systems Share Forecast, By Region (USD Million)
        4.6.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.6.3    Key Market Trends, Growth Factors, & Opportunities
    4.7    Laser Altimeter
        4.7.1    Military Laser Systems Share Forecast, By Region (USD Million)
        4.7.2    Comparative Revenue Analysis, By Country, 2021 & 2030
        4.7.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 5    Global Military Laser Systems Market, By Application Segment Analysis

    5.1    Military Laser Systems Market Overview, By Application Segment
        5.1.1    Global Military Laser Systems Market Revenue Share, By Application, 2023 & 2030 (Value, %)
    5.2    Aerospace
        5.2.1    Military Laser Systems Share Forecast, By Region (USD Million)
        5.2.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        5.2.3    Key Market Trends, Growth Factors, & Opportunities
    5.3    Homeland Security
        5.3.1    Military Laser Systems Share Forecast, By Region (USD Million)
        5.3.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        5.3.3    Key Market Trends, Growth Factors, & Opportunities
            
Chapter 6    Global Military Laser Systems Market, By Technology Segment Analysis

    6.1    Military Laser Systems Market Overview, By Technology Segment
        6.1.1    Global Military Laser Systems Market Value Share, By Technology, 2021 & 2030 (Value, %)
    6.2    Fiber Laser
        6.2.1    Military Laser Systems Share Forecast, By Region (USD Million)
        6.2.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.2.3    Key Market Trends, Growth Factors, & Opportunities
    6.3    Solid-State Laser
        6.3.1    Military Laser Systems Share Forecast, By Region (USD Million)
        6.3.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.3.3    Key Market Trends, Growth Factors, & Opportunities
    6.4    Chemical Laser
        6.4.1    Military Laser Systems Share Forecast, By Region (USD Million)
        6.4.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.4.3    Key Market Trends, Growth Factors, & Opportunities
    6.5    CO2 Laser
        6.5.1    Military Laser Systems Share Forecast, By Region (USD Million)
        6.5.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.5.3    Key Market Trends, Growth Factors, & Opportunities
    6.6    Semiconductor Laser
        6.6.1    Military Laser Systems Share Forecast, By Region (USD Million)
        6.6.2    Comparative Revenue Analysis, By Country, 2023 & 2030
        6.6.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 7    Military Laser Systems Market – Regional Analysis, 2023 – 2030

    7.1    Military Laser Systems market Overview, by Region Segment
        7.1.1    Global Military Laser Systems market Revenue Share, By Region, 2023 & 2030
        7.1.2    Global Military Laser Systems Market Revenue, By Region, 2017 – 2030 (US$ Mn)
        7.1.3    Global Military Laser Systems market Revenue, By Technology Type, 2017 – 2030 (US$ Mn)
        7.1.4    Global Military Laser Systems market Revenue, By Technology, 2017 – 2030 (US$ Mn)
        7.1.5    Global Military Laser Systems Market Revenue, By Technology, 2017 – 2030 (US$ Mn)
    7.2    North America
        7.2.1    North America Military Laser Systems Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.2.2    North America Military Laser Systems Market Revenue, By Technology Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.3    North America Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.4    North America Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.2.5    U.S. Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.2.6    Canada Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.2.7    Mexico Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.3    Europe
        7.3.1    Europe Military Laser Systems Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.3.2    Europe Military Laser Systems Market Revenue, By Technology Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.3    Europe Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.4    Europe Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.3.5    Germany Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.6    France Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.7    U.K. Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.8    Italy Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.9    Spain Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.3.10    Rest of Europe Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.4    Asia Pacific
        7.4.1    Asia Pacific Military Laser Systems Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.4.2    Asia Pacific Military Laser Systems Market Revenue, By Technology Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.3    Asia Pacific Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.4    Asia Pacific Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.4.5    China Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.6    Japan Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.7    India Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.8    South Korea Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.9    South-East Asia Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.4.10    Rest of Asia Pacific Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.5    Latin America
        7.5.1    Latin America Military Laser Systems Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.5.2    Latin America Military Laser Systems Market Revenue, By Technology Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.3    Latin America Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.4    Latin America Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.5.5    Brazil Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.5.6    Argentina Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.5.7    Rest of Latin America Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
    7.6    The Middle-East and Africa
        7.6.1    The Middle-East and Africa Military Laser Systems Market Revenue, By Country, 2019 – 2030 (US$ Mn)
        7.6.2    The Middle-East and Africa Military Laser Systems Market Revenue, By Technology Type, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.3    The Middle-East and Africa Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.4    The Middle-East and Africa Military Laser Systems Market Revenue, By Technology, 2019 – 2030 (US$ Mn)/(Kilo Tons)
        7.6.5    GCC Countries Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.6.6    South Africa Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)
        7.6.7    Rest of Middle-East Africa Military Laser Systems Market Revenue, 2019 - 2030 (US$ Mn)/ (Kilo Tons)

Chapter 8    Military Laser Systems Market – Industry Analysis

    8.1    Introduction
    8.2    Market Drivers
        8.2.1    Driving Factor 1 Analysis
        8.2.2    Driving Factor 2 Analysis
    8.3    Market Restraints
        8.3.1    Restraining Factor Analysis
    8.4    Market Opportunities
        8.4.1    Market Opportunity Analysis
    8.5    Porter’s Five Forces Analysis
    8.6    PEST Analysis
    8.7    Regulatory Landscape
    8.8    Technology Landscape
    8.9    Value Chain Analysis

Chapter 9    Competitive Landscape

    9.1    Company Market Share Analysis – 2023
        9.1.1    Global Military Laser Systems market: Company Market Share, 2023
        9.1.2    Global Military Laser Systems Market: Company Market Share, 2023
    9.2    Strategic Developments
        9.2.1    Acquisitions & Mergers
        9.2.2    New Product Launch
        9.2.3    Regional Expansion
    9.3    Company Strategic Developments – Heat Map Analysis

Chapter 10    Company Profiles

    10.1    BAE Systems PLC
        10.1.1    Company Overview
        10.1.2    Key Executives
        10.1.3    Product Portfolio
        10.1.4    Financial Overview
        10.1.5    Operating Business Segments
        10.1.6    Business Segment Performance
        10.1.7    Recent Developments
    10.2    Coherent Inc.
    10.3    Elbit Systems Ltd.
    10.4    Lockheed Martin Corporation
    10.5    MKS Instruments Inc.
    10.6    Northrop Grumman Corporation
    10.7    Rafael Advanced Defense Systems Limited
    10.8    Raytheon Technologies Corporation
    10.9    Thales Group
    10.10    The Boeing Company

Chapter 11    Research Methodology

    11.1    Research Methodology
    11.2    Phase I – Secondary Research
    11.3    Phase II - Data Modeling
        11.3.1    Company Share Analysis Model
        11.3.2    Revenue Based Modeling
    11.4    Phase III – Primary Research
    11.5    Research Limitations
        11.5.1    Assumptions
No Methodology
No Available