Military Laser Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2030)

The Military Laser Systems Market is segmented by Technology (Solid State Lasers, Gas Lasers, Other Technologies), Application (Directed Energy Weapons, Guidance Systems, Laser Sights, Designators and Rangefinders, Other Applications), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The report offers market size and forecasts by value (USD million) for all the above segments.

Market Snapshot

Military Laser Systems Market Overview
Study Period: 2018 -2030
Base Year: 2020
Fastest Growing Market: North America
Largest Market: North America
CAGR: >7 %

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Market Overview

The Military Laser Systems Market is projected to grow at a CAGR of more than 7% during the forecast period (2021 - 2030).

COVID-19 has deleteriously affected the defense supply chain, which has usually been resilient to global trade shocks. The existing practice of protectionism has increased the transaction costs, making previously established arrangements uneconomical. In some cases, specific trade sanctions have made it impossible for producers to maintain relationships with suppliers, especially with respect to high technology goods. The trade obstacles were escalated by COVID-19 and the production schedules for several military equipment have already been disrupted. The pandemic is likely to negatively affect conflict dynamics in the short to medium term through its detrimental and asymmetric economic impact on middle and particularly low-income countries, partly due to local restrictions, but more importantly due to falling demands for key exports from high-income countries. The COVID-19 pandemic could also influence regional capability planning as strategic priorities change and societal resilience and non-military threats become higher priorities. Furthermore, defense firms using multi-sourced components may consider that it is in their interests to reduce reliance on components from other regions due to the potential of similar supply chain disruptions. In addition, a potential move to reduce dependency on international suppliers could increase supply chain costs for arms producers.

The military laser systems market is driven by the increasing demand for such systems from the global armed forces for integration into a variety of weaponry. The inherent benefits of such systems, including high accuracy, traversal speed, and cost-effectiveness, are also driving the adoption of such systems. However, the inherent capital-intensive nature of the defense electronics industry due to the high associated cost of R&D, and the recent COVID-19 induced disruption in the global supply chain are some of the factors that may hinder the growth of the market in focus during the forecast period.

Scope of the report

Military laser systems are either direct diode sources or DPSS lasers with a ruggedized design for withstanding the extensive shock and vibrations due to deployment in harsh criteria. Military lasers are used in a variety of applications, such as night vision equipment, targeting systems, distraction devices, and psychological warfare to dazzle and confuse the enemy.

The Military Laser Systems Market is segmented based on Technology, End-user, and Geography. By Technology, the market is segmented into Solid State Lasers, Gas Lasers, and Other Technologies (including semiconductor lasers, chemical lasers, and dye lasers, among others). By End-user, the market is segmented into Directed Energy Weapons, Guidance Systems, Laser Sights, Designators and Rangefinders, and Other Applications (including offensive laser systems, distraction devices, and laser countermeasure systems, among others); and by Geography into North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa.

The report also covers the market sizes and forecasts for the Military Laser Systems Market across major regions. For each segment, the market sizing and forecasts have been represented based on value (USD million).

Technology
Solid State Lasers
Gas Lasers
Other Technologies
Application
Directed Energy Weapons
Guidance Systems
Laser Sights, Designators and Rangefinders
Other Applications
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle-East and Africa
United Arab Emirates
Saudi Arabia
Israel
Rest of Middle-East and Africa

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Key Market Trends

Directed Energy Weapons Segment Projected to Exhibit the Highest CAGR During the Forecast Period

The innovations in multiple kilowatt laser combination techniques, beam control technology for energy adjustment, and the use of artificial intelligence are propelling the growth of laser-directed energy weapons (DEWs). The existing DEWs are focused on defensive functions such as safeguarding critical facilities against missiles, drones, and boats. Defense firms and organizations are investing in R&D for expanding the current applications of DEWs. The directed energy weapons segment will see a surge in the future owing to the arms race between the global military powerhouses. DEWs are expected to be equipped with combat platforms and deployed along with conventional weapons by 2025. The United States plans to install laser defense weapon system HELIOS (High Energy Laser and Integrated Optical-Dazzler with Surveillance) on its destroyers from 2021. These systems will enhance the defense against hypersonic projectiles that can evade even the AEGIS missile defense system, thereby enhancing the aerial defense capabilities of the military. Such developments are expected to propel the growth of the segment during the forecast period.

Military Laser Systems Market_Segmentation

North America to Dominate the Market During the Forecast Period

The defense industry in the region is mature and strongly supported by a robust R&D infrastructure. The country has put forth several programs in recent years aimed at developing laser-based weapon technologies. The military is currently aiming to install various laser-based weapon and defense systems on ground vehicles, ships, as well as aircraft. In 2019, the US Army started working on equipping Black Hawk and Chinook helicopters with Northrop Grumman’s DIRCM (Directional Infrared Countermeasure) systems to provide protection against man-portable air defense systems and other heat-seeking projectiles. Additionally, the US Army is also developing the most powerful laser weapon to date, under the Indirect Fires Protection Capability-High Energy Laser (IFPC-HEL) program. The US military is already using 100kW-150kW laser weapons and is developing more powerful 300kW laser weapons to counter supersonic cruise missiles. Lockheed Martin’s HELIOS, which combines high-energy laser with optical dazzler, is currently being tested by the US Navy on the Aegis Combat System aboard the Arleigh Burke Flight IIA destroyer. Further, the US Air Force is testing a high-energy laser weapon system named H2, which was developed by Raytheon Technologies Corporation. Such developments are expected to boost the market growth of North America during the forecast period.

Military Laser Systems Market_Geography

Competitive Landscape

Prominent players in the military laser systems market include Lockheed Martin Corporation, MBDA, The Boeing Company, Raytheon Technologies Corporation, and Northrop Grumman Corporation, among others. The growing adoption of military laser systems across the globe is accredited to growing collaboration and partnerships between various defense manufacturers. The use of laser technologies is growing rapidly in the military, with a lot of scope for innovation. Players are developing several types of advanced laser systems to attract new customers. In February 2020, Rafael tested its Drone Dome C-UAS (Counter Unmanned Aerial System) during which the system identified and intercepted multiple moving UAVs using a high-powered laser beam. The development of such technologies will help the growth of the players in the market during the forecast period.

Recent Developments

  • In September 2021, the UK Ministry of Defence (MoD) awarded a series of four-year contracts worth USD 100 million to three teams, led by BAE Systems plc, Thales Group, and Raytheon Technologies Corporation, to explore DEW demonstrator technologies in land and maritime environments.
  • In January 2021, Germany’s Federal Office for Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) awarded a consortium consisting of MBDA Deutschland GmbH and Rheinmetall Waffe Munition GmbH a contract to fabricate, integrate, and support testing of a laser weapon demonstrator in the maritime environment.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 5.1 Technology

      1. 5.1.1 Solid State Lasers

      2. 5.1.2 Gas Lasers

      3. 5.1.3 Other Technologies

    2. 5.2 Application

      1. 5.2.1 Directed Energy Weapons

      2. 5.2.2 Guidance Systems

      3. 5.2.3 Laser Sights, Designators and Rangefinders

      4. 5.2.4 Other Applications

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 India

        3. 5.3.3.3 Japan

        4. 5.3.3.4 South Korea

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Latin America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Rest of Latin America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 United Arab Emirates

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Israel

        4. 5.3.5.4 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Lockheed Martin Corporation

      2. 6.2.2 Raytheon Technologies Corporation

      3. 6.2.3 Rafael Advanced Defense Systems Limited

      4. 6.2.4 The Boeing Company

      5. 6.2.5 Rheinmetall AG

      6. 6.2.6 MBDA

      7. 6.2.7 Northrop Grumman Corporation

      8. 6.2.8 Dynetics Inc.

      9. 6.2.9 IAI Group

      10. 6.2.10 BAE Systems PLC

      11. 6.2.11 Thales Group

      12. 6.2.12 Elbit Systems Ltd

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Military Laser Systems Market market is studied from 2018 - 2030.

The Military Laser Systems Market is growing at a CAGR of >7% over the next 5 years.

North America is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Lockheed Martin Corporation , Raytheon Technologies Corporation , The Boeing Company , Northrop Grumman Corporation, MBDA are the major companies operating in Military Laser Systems Market.

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