Lewes, DE -- (SBWIRE) -- 06/17/2016 -- Report forecast the global military laser systems market to grow at a CAGR of 8.2% during the period 2016-2020.

Military laser systems are future communication and weapon systems that will change the course of warfare strategies. The emergence of high-energy laser (HEL) systems has transformed the use of lethal and non-lethal weapons. Different forms of laser technologies such as solid-state, fiber, chemical, semiconductor, and Co? lasers are being used for defense and homeland security applications.

They are increasingly employed in military operations for:
- Blinding troops
- Electro-optical countermeasures (EOCM)
- Free-space communications
- Guiding munitions
- Marking targets
- Missile defense

The report covers the present scenario and the growth prospects of the global military laser systems market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market. It also presents the market segmentation based on application (defense and homeland security), technology (SSL, fiber laser, chemical laser, semiconductor laser, and Co? laser) and geography (Americas, EMEA, and APAC).

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, a key growth driver is the increasing demand for laser systems. Laser systems play a vital role in military applications, especially in the battlefield where precise systems are required. Due to its high intensity, very low divergence, and high targeting accuracy, it can target hostile vehicles from a long distance. For instance, the mid-body design of APKWS can transform unguided Forges de Zeebrugge (FZ) rockets into precise weapons.

Further, the report states that one challenge that could hamper market growth is budget cuts in military laser spending. Budget cuts have not only delayed the testing of military equipment but also affected many science and technology (S&T) programs and impinged deliveries, causing cancellation or delay of future systems development, technology, and demonstrations.

Global Military Laser Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global military laser systems market: BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon, and Thales Market.

Other Prominent Vendors in the market are: American Laser Enterprises, BAE Systems Aculight, Coherent, Frankfurt Laser, and Quantel.

Market driver
- Increasing demand for laser systems
- For a full, detailed list, view our report

Market challenge
- Budget cuts in military laser spending
- For a full, detailed list, view our report

Market trend
- Evolution of HEL
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 77 pages and 46 Exhibit "Global Military Laser Systems Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation by application, Market segmentation by technology, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-military-laser-systems-market-2016-2020

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Global Military Satellite Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-military-satellite-market-2016-2020

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