Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

Military Laser Systems Market worth $7.5 billion by 2028 at a CAGR of 8.7%

(IT-NEWSWIRE.COM, April 27, 2023 ) The report "Military Laser Systems Market by Application (Weapons and Non-weapons), Technology (Solid-state Laser, Fiber Laser, Semiconductor Laser, Gas Laser, Liquid Laser, Free-electron Laser), Platform, End Use, Output Power - Global Forecast to 2028" The Military Laser Systems Market is estimated to be USD 5.0 billion in 2023 and is projected to reach USD 7.5 billion by 2028, at a CAGR of 8.7% during the forecast period. The driving factor for the military Laser systems market is the significant investments in modern weapon systems by governments. Laser technology is widely used in military communication systems, directed energy weapon systems, and target designation and ranging system among other to enhance the military mission success rate by providing target whereabout, protecting army personnel, and countering and destroying the target.

Download PDF Brochure @

Based on platform, the naval segment is expected to grow at the highest CAGR during the forecast period.

The platform segment has been segmented into land, airborne, naval, and space. The growth of naval segment can be attributed to the increasing development of shipboard weapon system to strengthen maritime border security. For instance, in August 2020, Lockheed Martin Corporation (US) delivered Helios, an advanced 60+ kW-class high-energy laser weapon solution, to the US Navy to enhance their naval capabilities.

Based on application, the weapons segment is projected to grow at the highest CAGR during the forecast period.

Weapons segment is projected to grow at the highest CAGR in the military laser systems market. The growth of this segment is attributed to the growing disagreement with neighboring nations. This factor led to an increase in demand for modern weaponry.

The weapons segment has been further classified into lethal and nonlethal weapons. The lethal weapon have ability to kill or destroy land, naval and aerial threats.

Based on technology, the fiber laser technology is expected to grow at the highest CAGR during the forecast period.

The technology segment has been segmented into solid-state laser, fiber laser, semiconductor laser, gas laser, liquid laser, and free-electron laser. Among these, fiber laser witness strong growth during the forecast period. Fiber lasers are highly compact, robust, efficient, low maintenance, reliable, and long-lasting high-energy lasers. It is widely used in directed energy weapons. The applications of fiber lasers typically include tactical directed energy and power beaming. Electrical fiber lasers can be spectrally combined to produce a high-power, weapon-grade beam, as demonstrated by Lockheed Martin Corporation (US).

Based on region, the North America accounted for largest share in the base year.

The North America region dominated the military laser systems market in 2020. The large share of North America military laser systems market is due to the increased concern over aerial threats and increased defense spending on research and development activities related to laser weapons. The North American military laser systems market includes the US and Canada. The US contributed the largest share to the North America military laser systems market in 2022 due to the increased production, testing, and demonstration of 300+ kW high-energy laser integrated military systems in the country.

Major players operating in the military laser systems market include Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), and BAE System plc (UK) among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

News Also Covered:

Related Reports:

C4ISR Market by Platform (Airborne, Land, Naval, Space), Solution (Hardware, Application Software, Services), Application, End User (Defense & Space, Homeland Security, Commercial), Installation and Region - Global Forecast to 2028

Smart Weapons Market by Product (Missiles, Munitions, Guided Projectile, Guided Rocket, Guided Firearms), platform (Air, Land, Naval), Technology (Laser, Infrared, Radar, GPS, Others) & Region - Global Forecast to 2021

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.


Mr. Aashish Mehra


Source: EmailWire.Com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks

Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - a Technology News and Resource of GroupWeb Media LLC