How big is the Directed Energy Weapons Market?

The Directed Energy Weapons Market size is expected to reach USD 7.14 billion in 2024 and grow at a CAGR of 17.32% to reach USD 15.86 billion by 2029. Read More

What is the current Directed Energy Weapons Market size?

In 2024, the Directed Energy Weapons Market size is expected to reach USD 7.14 billion. Read More

Who are the key players in Directed Energy Weapons Market?

Lockheed Martin Corporation, The Boeing Company, Rheinmetall AG, RTX Corporation and BAE Systems plc are the major companies operating in the Directed Energy Weapons Market. Read More

Which is the fastest growing region in Directed Energy Weapons Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Directed Energy Weapons Market?

In 2024, the North America accounts for the largest market share in Directed Energy Weapons Market. Read More

What years does this Directed Energy Weapons Market cover, and what was the market size in 2023?

In 2023, the Directed Energy Weapons Market size was estimated at USD 5.90 billion. The report covers the Directed Energy Weapons Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Directed Energy Weapons Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Directed Energy Weapons Market Share

Statistics for the 2023 & 2024 Directed Energy Weapons market share, created by Mordor Intelligence™ Industry Reports. Directed Energy Weapons share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Directed Energy Weapons Industry

The directed energy weapons market is semi-consolidated, with key players including Lockheed Martin Corporation, BAE Systems PLC, Rheinmetall AG, The Boeing Company, and RTX Corporation leading the way. Beyond these direct DEW manufacturers, significant contributions come from players like L3Harris Technologies Inc., QinetiQ Group, and Honeywell International Inc., who specialize in supplying components to the DEW ecosystem.

The trend of defense manufacturers, platform developers, and tech firms increasingly collaborating to advance DEW systems, particularly for ground and naval applications, is noteworthy. For example, SIGN4L, a subsidiary of the UAE's EDGE conglomerate, partnered with MBDA and CILAS (an Ariane Group subsidiary) to explore high-energy laser applications, spanning operational analysis and systems architecture. Highlighting this trend, in September 2023, Raytheon UK, a division of RTX, received its inaugural 15-kilowatt high-energy laser system for testing and integration under the UK Ministry of Defence's Land Demonstrator program. This laser system, tailored to combat aerial threats like unmanned aerial vehicles (UAVs), marked a significant milestone for the UK's defense capabilities.