Market Research Report
Global Military Laser Systems Market 2020-2024
|Global Military Laser Systems Market 2020-2024|
Published: September 25, 2020
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the military laser systems market and it is poised to grow by $ 1.98 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period. Our reports on military laser systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the focus on development of laser-based communication, development and procurement of laser weapons by emerging countries and increasing success rates of laser systems. In addition, development of laser-based communication is anticipated to boost the growth of the market as well.
The military laser systems market analysis includes product segment and geographical landscapes
Technavio's ‘military laser systems market ’ is segmented as below:
By Geographic Landscape:
This study identifies the emergence of directed-energy atmospheric lens concept as one of the prime reasons driving the military laser systems market growth during the next few years. Also, development of miniature laser designators for UAVs and use of laser weapons in future air combat operations will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our military laser systems market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading military laser systems market vendors that include BAE Systems Plc, Elbit Systems Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, Safran SA, Thales Group, and The Boeing Co.. Also, the military laser systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.