Cover Image
Market Research Report
Product code 
1017976

Asia Pacific Laser Weapon Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Chemical Laser, Solid-State Laser, Free Electron Laser, and Fiber Laser) and Application (Air-based, Ground-based, and Sea-based)

Published: | The Insight Partners | 112 Pages | Delivery time: 1-2 business days

Price

Back to Top
Asia Pacific Laser Weapon Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Chemical Laser, Solid-State Laser, Free Electron Laser, and Fiber Laser) and Application (Air-based, Ground-based, and Sea-based)
Published: June 3, 2021
The Insight Partners
Content info: 112 Pages
Delivery time: 1-2 business days
  • ALL
  • Description
  • Table of Contents
Description

The APAC laser weapon systems market is expected to grow from US$ 231.58 million in 2021 to US$ 913.67 million by 2028; it is estimated to grow at a CAGR of 21.7 % from 2021 to 2028. The surging demand for high-energy laser weapon system fuels the market growth. The leading market players across APAC have introduced new high-energy laser weapon systems in the market, and it is getting positive response from customers owing to their enhanced power, energy, precision, and range. Laser weapon systems are increasingly deployed in the arsenals of several nations to strengthen the military defense power. Companies across APAC such as Raytheon Technologies and Lockheed Martin Corporation are offering the high-energy laser solution, while the companies such as Boeing and Rheinmetall AG are developing new systems with the adoption of inorganic strategies. Rising developments in high-energy laser weapon systems is creating a new trend in the APAC market, as leading nations are focusing on deploying such systems in their arsenals.

Countries in APAC, especially India, are highly affected due to the COVID-19 outbreak. The COVID-19 outbreak was reported in China and has affected several neighbor countries such as South Korea, India, and others. Countries such as China, India, South Korea, and Japan are increasingly moving toward the advancement of the military and defense. The COVID-19 pandemic has minimal impact on the APAC market than the market in other nations, as the defense contractors in the countries continued to operate. However, due to the shortage of workforce, the year-on-year growth rate of development of products and technologies is declined. China being the largest military spender in the region witnessed the havoc outburst of COVID-19 outbreak during Q1 of 2020, which led the government to shut down the country. The scenario disrupted the entire supply chain. This reflected loss in annual sales among the Chinese defense electronics and defense equipment manufacturers. China is also the largest DEW systems (including LaWS) developer and manufacturer in APAC. The massive outbreak of COVID-19 has reflected limited developments in the laser weapon systems market.

Based on type, the solid-state laser segment is expected to grow fastest during the forecast period. The solid-state laser system uses solids such as glass or crystalline materials doped in ion as a laser medium. Developments in solid-state lasers, such as the integration of high-energy lithium-ion batteries, improve the performance of laser weapon systems. Technological advancements in solid-state lasers are increasing the demand from the leading nations. The increasing demand for directed energy weapons from various APAC countries is mounting the growth of the APAC laser weapon systems market for this segment.

The overall APAC laser weapon systems market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the APAC laser weapon systems market. The process also serves the purpose of obtaining an overview and forecast for the APAC laser weapon systems market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the APAC laser weapon systems market. Boeing; Elbit Systems Ltd.; L3Harris Technologies, Inc.; Lockheed Martin Corporation; Northrop Grumman Corporation; Raytheon Technologies Corporation; and Rheinmetall AG are among the players operating in the market.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC laser weapon systems market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in APAC laser weapon systems market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the laser weapon systems market, as well as those hindering it  
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution      
Table of Contents
Product Code: TIPRE00022807

Table Of Contents

1. Introduction

  • 1.1 Study Scope
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. APAC Laser Weapon Systems Market Landscape

  • 4.1 Market Overview
  • 4.2 Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Buyers
    • 4.2.2 Bargaining Power of Suppliers
    • 4.2.3 Threat to New Entrants
    • 4.2.4 Threat to Substitutes
    • 4.2.5 Competitive Rivalry
  • 4.3 Ecosystem Analysis

5. APAC Laser Weapon Systems Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Escalating Investment in Weapon Systems
    • 5.1.2 Mounting Technological Development in Laser Weapon System
  • 5.2 Market Restraints
    • 5.2.1 Low Adoption of Laser Weapon Systems
  • 5.3 Market Opportunities
    • 5.3.1 Rising Development of Laser Weapon System for Fighter Aircraft
  • 5.4 Future Trends
    • 5.4.1 Surging Demand of High-Energy Laser Weapon System
  • 5.5 Impact Analysis of Drivers and Restraints

6. Laser Weapon Systems Market - APAC Analysis

  • 6.1 APAC Laser Weapon Systems Market Overview
  • 6.2 APAC Laser Weapon Systems Market Revenue Forecast and Analysis

7. APAC Laser Weapon Systems Market Revenue and Forecast To 2028 - By Type

  • 7.1 Overview
  • 7.2 APAC Laser Weapon Systems Market, By Type (2020 & 2028)
  • 7.3 Chemical Laser
    • 7.3.1 Overview
    • 7.3.2 Chemical Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • 7.4 Solid-State Laser
    • 7.4.1 Overview
    • 7.4.2 Solid-State Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • 7.5 Free Electron Laser
    • 7.5.1 Overview
    • 7.5.2 Free Electron Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • 7.6 Fiber Laser
    • 7.6.1 Overview
    • 7.6.2 Fiber Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)

8. APAC Laser Weapon Systems Market Analysis and Forecast To 2028 - By Application

  • 8.1 Overview
  • 8.2 APAC Laser Weapon Systems Market, By Application (2020 & 2028)
  • 8.3 Air-based
    • 8.3.1 Overview
    • 8.3.2 Air-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • 8.4 Ground-based
    • 8.4.1 Overview
    • 8.4.2 Ground-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • 8.5 Sea-based
    • 8.5.1 Overview
    • 8.5.2 Sea-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)

9. APAC Laser Weapon Systems Market - Country Analysis

  • 9.1 Overview
    • 9.1.1 APAC: Laser Weapon Systems Market, by Key Country
    • 9.1.2 China: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
      • 9.1.2.1 China: Laser Weapon Systems Market, by Type
      • 9.1.2.2 China: Laser Weapon Systems Market, by Application
    • 9.1.3 Japan: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
      • 9.1.3.1 Japan: Laser Weapon Systems Market, by Type
      • 9.1.3.2 Japan: Laser Weapon Systems Market, by Application
    • 9.1.4 India: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
      • 9.1.4.1 India: Laser Weapon Systems Market, by Type
      • 9.1.4.2 India: Laser Weapon Systems Market, by Application
    • 9.1.5 South Korea: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
      • 9.1.5.1 South Korea: Laser Weapon Systems Market, by Type
      • 9.1.5.2 South Korea: Laser Weapon Systems Market, by Application
    • 9.1.6 Rest of APAC: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
      • 9.1.6.1 Rest of APAC: Laser Weapon Systems Market, by Type
      • 9.1.6.2 Rest of APAC: Laser Weapon Systems Market, by Application

10. APAC Laser Weapon Systems Market - COVID-19 Impact Analysis

  • 10.1 APAC: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

  • 11.1 Overview
    • 11.1.1 Market Initiative
    • 11.1.2 Product Launch

12. Company Profiles

  • 12.1 Elbit Systems Ltd.
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 L3Harris Technologies, Inc.
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 Lockheed Martin Corporation
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 Northrop Grumman Corporation
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products and Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
    • 12.4.6 Key Developments
  • 12.5 Raytheon Technologies Corporation
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments
  • 12.6 Rheinmetall AG
    • 12.6.1 Key Facts
    • 12.6.2 Business Description
    • 12.6.3 Products and Services
    • 12.6.4 Financial Overview
    • 12.6.5 SWOT Analysis
    • 12.6.6 Key Developments
  • 12.7 Boeing
    • 12.7.1 Key Facts
    • 12.7.2 Business Description
    • 12.7.3 Products and Services
    • 12.7.4 Financial Overview
    • 12.7.5 SWOT Analysis
    • 12.7.6 Key Developments

13. Appendix

  • 13.1 About The Insight Partners
  • 13.2 Word Index

List Of Tables

  • Table 1. APAC Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Table 2. APAC: Laser Weapon Systems Market, by Country - Revenue and Forecast to 2028 (US$ Million)
  • Table 3. China: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 4. China: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
  • Table 5. Japan: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 6. Japan: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
  • Table 7. India: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 8. India: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
  • Table 9. South Korea: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 10. South Korea: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
  • Table 11. Rest of APAC: Laser Weapon Systems Market, by Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 12. Rest of APAC: Laser Weapon Systems Market, by Application - Revenue and Forecast to 2028 (US$ Million)
  • Table 13. List of Abbreviation

List Of Figures

  • Figure 1. APAC Laser Weapon Systems Market Segmentation
  • Figure 2. APAC Laser Weapon Systems Market Segmentation - By Country
  • Figure 3. APAC Laser Weapon Systems Market Overview
  • Figure 4. APAC Laser Weapon Systems Market, by Type
  • Figure 5. APAC Laser Weapon Systems Market, by Application
  • Figure 6. APAC Laser Weapon Systems Market, By Country
  • Figure 7. Porter's Five Forces Analysis
  • Figure 8. APAC Laser Weapon Systems Market- Ecosystem Analysis
  • Figure 9. APAC Laser Weapon Systems Market Impact Analysis of Drivers and Restraints
  • Figure 10. APAC Laser Weapon Systems Market Revenue Forecast and Analysis (US$ Million)
  • Figure 11. APAC Laser Weapon Systems Market, by Type (2020 & 2028)
  • Figure 12. APAC Chemical Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Figure 13. APAC Solid-State Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Figure 14. APAC Free Electron Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Figure 15. APAC Fiber Laser: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Figure 16. APAC Laser Weapon Systems Market, By Application (2020 & 2028)
  • Figure 17. APAC Air-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Figure 18. APAC Ground-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Figure 19. APAC Sea-based: Laser Weapon Systems Market Revenue and Forecast to 2028 (US$ Million)
  • Figure 20. APAC: Laser Weapon Systems Market, by Key Country - Revenue (2020) (USD Million)
  • Figure 21. APAC: Laser Weapon Systems Market Revenue Share, by Key Country (2020 & 2028)
  • Figure 22. China: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 23. Japan: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 24. India: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 25. South Korea: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 26. Rest of APAC: Laser Weapon Systems Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 27. Impact of COVID-19 Pandemic in APAC Country Markets