Fast Market Research announces the availability of the new Markets and Markets report, "Military Laser Systems Market - Forecast and Analysis to 2020", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 02/08/2016 -- Military Laser Systems Market by Technology (Fiber Laser, Solid-State, Chemical Laser, CO2 Laser, Semiconductor Laser), Application (Defense, Homeland Security), Product Type - Forecast and Analysis to 2020
The military laser systems market is expected to grow from USD 3.03 billion in 2015 to USD 4.63 billion by 2020, at a CAGR of 8.86% from 2015 to 2020. The market for military laser systems is driven by factors, such as highly precise weapons and increasing use of high-speed lasers in communication networks.
Get More Details on this Report and a Full Table of Contents at Military Laser Systems Market - Forecast and Analysis to 2020
The market size estimations for various segments and sub segments of this market were obtained through extensive secondary research and corroboration with primaries.
-By Company Type - Tier 1 - 35 %, Tier 2 - 45%, and Tier 3 - 20%
-By Designation - C level - 35%, Director level - 25%, Others - 40%
-By Region - North America - 45%, Europe - 30%, Asia-Pacific - 20%, RoW - 5%
Defense application segment to witness high growth during the forecast period
The key applications considered for the market study are defense and homeland security. The defense application segment holds the largest share of the total military laser systems market in 2015 due to the increase in applications and technological requirements in lethal weapons for military forces, globally.
North America dominates the military laser systems market; this market in the Middle East is projected to grow at the highest CAGR from 2015 to 2020
In 2015, North America is estimated to account for the largest share of the military laser systems market. However, the Middle East region is expected to witness the highest growth rate in the military laser systems market in the coming years. This can be attributed to the enhancement in the force protection against small boat swarms, unmanned aerial vehicles or rocket, artillery, and mortar or missile attack in this region.
The major players operating in this market are Raytheon Company (U.S.), Coherent Inc. (U.S.), Newport Corporation (U.S.), Lockheed Martin Corporation (U.S.), and Thales SA (France), among others.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis-industry analysis (industry trends, and Porter's Five Forces analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the military laser systems market; high-growth regions and countries and their respective regulatory policies; government initiatives; and market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
-Market Penetration: Comprehensive information offered by the top 10 players in the military laser systems market
-Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the military laser systems market
-Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for military laser systems across varied regions
-Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the military laser systems market
-Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the military laser systems market
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Defense research reports at Fast Market Research
You may also be interested in these related reports:
-Directed Energy Weapons Market - Forecast & Analysis to 2015 - 2020
-The Global Military Electro Optical Infrared (EO/IR) Systems Market 2015-2025
-Military Robots Market - Global Forecast to 2020
-Military Communications Market - Global Forecast to 2020
-Unmanned Aerial Vehicles Market - Global Forecast to 2020