Military Laser Systems Market 2015 Reviews, Research, Trends and Forecast to 2019

Deerfield Beach, FL -- (SBWire) -- 07/29/2015 --Global Military Laser Systems Market 2015-2019

Laser systems are widely used for military and defense purposes. These systems include rangefinders, illuminators, laser weapons, directed energy weapons, and infrared countermeasures. The expansion in international arms trade, changing warfare strategies and preference for small-size weapons are the factors driving the market. Laser systems are used for military communications as well. Laser-based ground to air communication system provides a rapid mine detection capability.

Global Military Laser Systems market to grow at a CAGR of 7.97 percent over the period 2014-2019.

About the Report

According to the latest report, laser systems are typically used for military communications, such as laser-based ground-to-air communications and airborne laser mine detection, which provides a rapid mine detection capability for a large area.

However, the demand for laser systems used as weapons in the military and defense sector is growing.

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"There is a high demand for laser systems in high energy liquid laser area defense systems (HELLADS), which are counter-attack systems that use lasers to shoot down rockets, artillery and mortars,".

Covered in this Report

This report covers the present scenario and growth prospects of the Global Military Laser Systems market for the period 2015-2019. It provides a global overview, market share, and growth prospect of the market by regions. The report also presents the key vendors in this market and a corresponding detailed analysis of these vendors. In addition, the report discusses the major drivers that are influencing the growth of the market, and it also outlines the challenges faced as well as the key trends that are emerging in the market.

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Global Military Laser Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region, and the EMEA region. The report also includes a discussion of the key vendors operating in this market.

The report also emphasizes airborne laser mine detection systems which are one of the useful applications for these lasers. They can detect and localize floating and near-surface mines, for wide-area applicability in a short period of time.

The highly competitive market is seeing strong rivalry and competition among existing vendors, in terms of cost and technology. Some of the major players include BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon and Thales Group.