Europe 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 Europe is expected to grow from US$ 453.83 million in 2022 to US$ 1,271.23 million by 2028. It is estimated to grow at a CAGR of 18.7% from 2022 to 2028.
Growing Military Research & Development Programs for Directed Energy Weapons
Improved system dependability is a key consideration when choosing a directed energy weapon. The use of cutting-edge technology with the integration of hardware components disseminates across a range of military assets, such as combat vehicles, unidentified objects, drones, and UAVs. Modern directed-energy weapons with exceptional precision have made it necessary for nations with border disputes and regional threats to rely on such cutting-edge weapons for their border safety. For instance, Missile Defense Agency’s (MDA) directed energy demonstrator development program targets technical risk reduction and maturation for high-powered strategic lasers, beam control, lethality, and associated technologies. In FY2021, the MDA’s directed energy demonstrator development program received US$ 42 million in funding from department of defense. For FY2022, the Office of the Secretary of Defense (OSD) proposed US$ 107 million for high-energy laser development. Moreover, in July 2022, as reported by Naval News, Dragonfire, the UK's Laser Directed Energy Programme (LDEW) led by MBDA, announced the success of its trials for the accuracy and power of the laser weapon. MBDA has managed to integrate the tracking system and laser stabilization into laser technology through years of research and development.
Market Overview
By country, the European directed energy weapons market is segmented into France, Germany, Italy, the UK, Russia, and the rest of Europe. Several European countries have experienced a significant rise in military expenses over the past century, which is propelling the adoption of direct energy weapons. However, military spending in both Central and Western Europe increased in 2021, which may reflect a need to combat terrorism. Therefore, participation in peacekeeping operations, prevention of terrorism, efforts to secure trade routes, and soldier modernization programs, which include laser weapons, microwave weapons, sonic weapons, and other weapon procurement, are expected to drive the market over the forecast period.
Europe Directed Energy Weapons Market Revenue and Forecast to 2028 (US$ Million)
Europe Directed Energy Weapons Market Segmentation
The Europe 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 Europe 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 Europe 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 France, Germany, Italy, the UK, Russia, and Rest of Europe. Russia 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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