Albany, NY -- (SBWire) -- 09/18/2018 --This report studies the global Directed Energy Weapons market status and forecast, categorizes the global Directed Energy Weapons market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

A directed-energy weapon (DEW) is the future weapon system that emits highly focused energy for target destruction. The potential applications of this advanced technology include anti-personnel weapon systems, missile defense system, and the disabling of lightly armored vehicles.

A key driver propelling growth of the global DEW market is the defense of chemical, biological, radiological, and nuclear materials so that civilian lives and national security of a country can be preserved. DEW equipment like lasers, radiation detectors, and biosensors are being used to defend against chemical, biological, radiological and nuclear (CBRN) emergencies. Training fire department personnel, police and paramilitary forces to use these weapons will help them be more effective in performing their roles. These factors will lead to the purchase of different types of DEW and result in the growth of the global DEW market during the forecast period.

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The global directed energy weapons market is highly competitive, and manufacturers vie for market share based on product quality, cost, reliability, and after-market service. To succeed and thrive in this market, manufacturers have to focus on providing quality and cost-effective DEWs in this market. Factors like increasing M&A activities and increased collaborations with alliance partners will drive market growth during the forecast period.

The Americas dominate the global DEW market. Each year, the government of U.S. allocates a large amount of money to the Department of Homeland Security to carry out tasks like improved border security, administering and enforcing immigration laws, improve safety, and fending off extremist attacks to name a few. This recent increase in the military spending will result in the growth of this market in the Americas.

The major manufacturers covered in this report
- BAE Systems
- Boeing
- Lockheed Martin Corp.
- Northrop Grumman Corp.
- Raytheon Co
- Finmeccanica
- Israel Aerospace Industries
- Saab
- Thales Group

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Lethal weapons
- Non-lethal weapons

By Application, the market can be split into
- Defense
- Homeland security

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