Asia Pacific Directed Energy Weapons Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology (Laser, Microwave, Particle Beam, and Others), Range (Less Than 1 Mile and More Than 1 Mile), Application (Ground, Naval, and Airborne), and Platform (Armored Vehicles, Unmanned Systems, Handheld Systems, Aircraft Systems, Ships and Submarines, and Others)
The directed energy weapons market in Asia Pacific is expected to grow from US$ 330.88 million in 2022 to US$ 1,376.26 million by 2028. It is estimated to grow at a CAGR of 26.8% from 2022 to 2028.
Widening the Adoption of DEW as Countermeasures
Manufacturers in the directed energy weapons market are working on developing countermeasures to missiles and rockets. Directed energy weapons such as microwaves, particle-beam, and lasers that are powered by electricity are in no need of complex supply chains as compared to missile batteries, hence there is high adoption of directed energy weapons instead of missiles. This is a driving factor for the DEW to be adopted by the military to utilize as countermeasures for threats, especially for units that operate within a range of an enemy’s missiles. Counter measuring such threats for a few dollars by generating electricity-powered laser shots is far more affordable compared to kinetic interceptors that cost millions of dollars. Directed energy weapons are an affordable means to defeat low-cost threats such as small UAVs. For instance, DoDs M-SHORAD is a directed energy weapon developed to fire lasers and sensors onto a Stryker vehicle. Higher-power lasers are being developed to countermeasure China’s voluminous missile salvos. In 2019, the Advanced Test High Energy Asset (ATHENA) weapons were developed by Lockheed Martin to slew, acquire, track, and defeat drones with a high-energy laser. The system is utilized to eliminate airborne targets by causing loss of control and structural failure.
Market Overview
Based on country, the Asia Pacific directed energy weapons market is segmented into Australia, China, India, Japan, South Korea, and the rest of Asia Pacific. The growing collaboration with the US and Asia Pacific countries for defense growth is fuelling and driving the directed energy weapons market over the forecast period. The company of many countries is also procuring a large number of tactical and range missiles by the country, which will provide new defensive capabilities for naval, air, land, and space platform. This will further create the growth of directed energy weapons in the market. The region has witnessed considerable growth in the defense sector as technology and the military expenditure of the countries like China and India. Resultantly, there has been a substantial investment in national defense technological and industrial bases. Spending in the Asia Pacific region is driven by major procurement programs formulated by large defense spenders such as India, China, Australia, and South Korea. These countries are anticipated to focus on the indigenous development of directed energy weapons. For instance, in June 2022, China will complete a space station which has garnered much media attention as a symbol of Chinese power projection into space. In comparison, attention has been given to the secretive developments involving Chinese-directed energy programs recently exposed by the Secure World Foundation. Moreover, in February 2022, the incident occurred in Northern Australia when one of two Chinese warships sailing in the area allegedly illuminated a P-8A Poseidon aircraft belonging to the Australian air force. The department decried the incident as “unprofessional and unsafe military conduct, according to the Australian Department of Defense. In addition, the Australian defense is asking for a response from China over using military-grade laser weapons on surveillance aircraft. Further, many countries in the Asia Pacific countries like India, China, and Japan are in the developing stage of directed energy weapons.
Asia Pacific Directed Energy Weapons Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Directed Energy Weapons Market Segmentation
The Asia Pacific directed energy weapons market is segmented into platform, application, Range, Technology, and country.
Based on platform, the market is segmented into armored vehicles, unmanned systems, handheld systems, aircraft systems, ships and submarines, and others. The armored vehicles segment registered the largest market share in 2022. Based on range, the market is categorized into less than 1 mile and more than 1 mile. The less than 1 mile segment held the largest market share in 2022. Based on technology, the Asia Pacific directed energy weapons market is segmented into laser, microwave, particle beam, and others. The laser segment held the largest market share in 2022. Based on application, the Asia Pacific directed energy weapons market is segmented into ground, naval, and airborne. The ground segment held the largest market share in 2022. Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. China dominated the market share in 2022. Lockheed Martin Corporation; Thales Group; L3Harris Technologies, Inc.; Elbit Systems Ltd.; Raytheon Technologies Corporation; BAE Systems; Honeywell International Inc.; Rheinmetall AG; Moog Inc.; and Boeing are the leading companies operating in the directed energy weapons market in the region.
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