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Military Modernization Programs Drive the Market of Directed Energy Weapons Globally

  • Date Submitted: 04/01/2016 05:48 AM
  • Flesch-Kincaid Score: 36.2 
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A new featured study, titled “Directed Energy Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, from Transparency Market Research (TMR) offers key insights into the market. According to the report, the global directed energy weapons market will expand at an impressive 20.80% CAGR during the forecast period from 2014 to 2020. In 2013, the global directed energy weapons market was worth more than US$1.4 bn and by 2020, the market is projected to be worth over US$5.2 bn.

Detailed Description of Directed Energy Weapons Market is available at:
http://www.transparencymarketresearch.com/directed-energy-weapons-market.html

The global directed energy weapons (DEW) market is driven by the increasing demand for high-precision weapons facilitating the needs of armed troops during warfare and reducing collateral damage, preventing the loss of civilian lives. The possible usage of directed energy weapons to prevent missile attacks by targeting, tracking, and eliminating the missiles effectively from a safe distance will also propel the market. The growing number of R&D initiatives undertaken by several government and non-government organizations will also boost the global directed energy weapons market. Other drivers of the global directed energy weapons market are the growing efforts for prevention of insurgency and support for anti-terrorism operations and growing demand for weaponry for crowd control.

Nevertheless, the global directed energy weapons (DEW) market will be suppressed by the rising defense budget cuts observed around the world. Moreover, the influence of humanitarian groups against the use of such weapons will also challenge the global directed energy weapons market.According to technology, the global directed energy weapons market is divided into high energy lasers, high power microwaves, and particle beams. The segment of high energy lasers (HEL) led the global directed energy weapons market in 2014,...

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