High Power Microwave Directed Energy Weapons Market to Reach $5.01 Billion, Globally, by 2032 at 15.1% CAGR: Allied Market Research

The growth of the global high-power microwave directed energy weapons market is driven by factors such increase in demand for directed energy weapons to achieve precise targeting and reduced collateral damage, rise in security threats posed by terrorist organizations, and surge in the defense budget
PORTLAND, Ore., Nov. 1, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “High Power Microwave Directed Energy Weapons Market by Type (Pulsed-Wave High Power Microwave, and Continuous-Wave High Power Microwave), Platform (Airborne, Naval, and Ground-based), and End-user (Army, Navy, and Airforce): Global Opportunity Analysis and Industry Forecast, 2023–2032”. According to the report, the global high-power microwave directed energy weapons industry generated $1.27 billion in 2022 and is anticipated to generate $5.01 billion by 2032, witnessing a CAGR of 15.1% from 2023 to 2032.

HPM DEWs are a type of non-lethal and non-kinetic weapons that use focused microwave radiation to disable or disrupt electronic systems and equipment. These are seen as a part of the broader field of directed energy weapons. 
Download Sample Pages – https://www.alliedmarketresearch.com/request-sample/9684
Prime determinants of growth
The growth of the global high-power microwave directed energy weapons market is driven by factors such as increase in demand for directed energy weapons to achieve precise targeting and reduced collateral damage, rise in security threats posed by terrorist organizations, and surge in the defense budget. However, technological limitations, and ethical and health concerns hamper the growth of the market. On the contrary, technological advancements and continuous research, and integration of directed energy weapons with conventional weapons are expected to offer remunerative opportunities for the expansion of the high-power microwave directed energy weapons market during the forecast period.
Report Coverage & Details:
Report Coverage
Details
Forecast Period
2023–2032
Base Year
2022
Market Size in 2022
$1.27 billion
Market Size in 2032
$5.01 billion
CAGR
15.1 %
No. of Pages in Report
245
Segments Covered
Type, Platform, End-user and Region.
Drivers
Increase in demand for directed energy weapons to achieve precise targeting and reduced collateral damage Increasing maritime security and surveillance
Rise in security threats posed by terrorist organizations
Surge in the defense budget
Opportunities
Technological advancements and continuous research
Integration of directed energy weapons with conventional weapons
Restraints
Technological limitations
Ethical and health concerns
Procure Complete Research Report (PDF/ Excel with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) – https://www.alliedmarketresearch.com/high-power-microwave-directed-energy-weapons-market/purchase-options
The pulsed-wave high power microwave segment to maintain its leadership status throughout the forecast period.
Based on type, the pulsed-wave high power microwave segment held the highest market share in 2022, accounting for around four-fifths of the global high-power microwave directed energy weapons market revenue, as nations conduct tests and research on directed energy weapon technologies owing to rise in demand for effective counter-drone technologies. Moreover, the pulse-wave high power microwave segment is projected to manifest the highest CAGR of 15.3% from 2023 to 2032, and is estimated to maintain its leadership status throughout the forecast period, owing to the rise in demand for effective countermeasures such as pulsed-wave high power microwave due to growing utilization of unmanned aerial vehicles (UAVs) and autonomous systems.
The ground-based segment to maintain its leadership status throughout the forecast period.
Based on the platform, the ground-based segment held the highest market share in 2022, accounting for more than half of the global high-power microwave directed energy weapons market revenue, and is estimated to maintain its leadership status throughout the forecast period as there is a rise in the installation of high-power microwave weapons into land-based vehicles, delivering both mobility and adaptability in deployment. However, the naval segment is projected to manifest the highest CAGR of 16.8% from 2023 to 2032, owing to surge in the collaborations of military forces and agencies with the navy to achieve various strategic objectives and enhance overall defense capabilities with the development of directed energy weapons.
The army segment to maintain its lead position during the forecast period
Based on end-user, the army segment accounted for the largest share in 2022, accounting for nearly half of the global high-power microwave directed energy weapons market revenue, and is estimated to maintain its leadership status throughout the forecast period as there is surge in the integration of microwave weapons into a range of Airforce platforms, encompassing both aircraft and ground-based systems. However, the navy segment is projected to manifest the highest CAGR of 16.6% from 2023 to 2032, owing to navy forces of various countries aiming to utilize high-power microwave (HPM) weapons in electronic warfare scenarios to disrupt or disable the electronic systems of adversary ships, aircraft, or communication systems.
North America to maintain its dominance by 2032
Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly half of the high-power microwave directed energy weapons market revenue, and is likely to dominate the market during the forecast period, as there is rise in collaborations between the defense sector and manufacturers to develop advanced, high-efficiency high power microwave weapons. However, the LAMEA region is expected to witness the fastest CAGR of 17.6% from 2023 to 2032, owing to the rise in the investment in technological advancements in defense and military domains in various countries of the region.
Interested to Procure the Research Report? Inquire Before Buying – https://www.alliedmarketresearch.com/purchase-enquiry/9684
High Power Microwave Directed Energy Weapons Industry Leading Market Players: –
Lockheed Martin CorporationRaytheon Technologies CorporationBAE systemsBoeingEpirus, Inc.Thales GroupLeidos, Inc.L3Harris Technologies, Inc.Rheinmetall AGRafael Advanced Defense Systems Ltd.The report provides a detailed analysis of these key players of the global high-power microwave directed energy weapons market. These players have adopted various strategies such contract, product launch, product development, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.
Similar Reports We Have on Military Industry:
Directed Energy Weapons Market Research Report 2023-2032
Electronic Warfare Market Research Report 2023-2032
Microwave Devices Market Research Report 2023-2032
High Energy Laser Directed Energy Weapons Market Report 2023-2032
Particle Beam Directed Energy Weapon Market Report 2023-2032
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: +1-800-792-5285help@alliedmarketresearch.comWeb: www.alliedmarketresearch.comAllied Market Research Blog: https://blog.alliedmarketresearch.com
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/high-power-microwave-directed-energy-weapons-market-to-reach-5-01-billion-globally-by-2032-at-15-1-cagr-allied-market-research-301973861.html 

The growth of the global high-power microwave directed energy weapons market is driven by factors such increase in demand for directed energy weapons to achieve precise targeting and reduced collateral damage, rise in security threats posed by terrorist organizations, and surge in the defense budget

PORTLAND, Ore., Nov. 1, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “High Power Microwave Directed Energy Weapons Market by Type (Pulsed-Wave High Power Microwave, and Continuous-Wave High Power Microwave), Platform (Airborne, Naval, and Ground-based), and End-user (Army, Navy, and Airforce): Global Opportunity Analysis and Industry Forecast, 2023–2032″. According to the report, the global high-power microwave directed energy weapons industry generated $1.27 billion in 2022 and is anticipated to generate $5.01 billion by 2032, witnessing a CAGR of 15.1% from 2023 to 2032.

HPM DEWs are a type of non-lethal and non-kinetic weapons that use focused microwave radiation to disable or disrupt electronic systems and equipment. These are seen as a part of the broader field of directed energy weapons. 

Download Sample Pages – https://www.alliedmarketresearch.com/request-sample/9684

Prime determinants of growth

The growth of the global high-power microwave directed energy weapons market is driven by factors such as increase in demand for directed energy weapons to achieve precise targeting and reduced collateral damage, rise in security threats posed by terrorist organizations, and surge in the defense budget. However, technological limitations, and ethical and health concerns hamper the growth of the market. On the contrary, technological advancements and continuous research, and integration of directed energy weapons with conventional weapons are expected to offer remunerative opportunities for the expansion of the high-power microwave directed energy weapons market during the forecast period.

Report Coverage & Details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$1.27 billion

Market Size in 2032

$5.01 billion

CAGR

15.1 %

No. of Pages in Report

245

Segments Covered

Type, Platform, End-user and Region.

Drivers

Increase in demand for directed energy weapons to achieve precise targeting and reduced collateral damage Increasing maritime security and surveillance

Rise in security threats posed by terrorist organizations

Surge in the defense budget

Opportunities

Technological advancements and continuous research

Integration of directed energy weapons with conventional weapons

Restraints

Technological limitations

Ethical and health concerns

Procure Complete Research Report (PDF/ Excel with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) – https://www.alliedmarketresearch.com/high-power-microwave-directed-energy-weapons-market/purchase-options

The pulsed-wave high power microwave segment to maintain its leadership status throughout the forecast period.

Based on type, the pulsed-wave high power microwave segment held the highest market share in 2022, accounting for around four-fifths of the global high-power microwave directed energy weapons market revenue, as nations conduct tests and research on directed energy weapon technologies owing to rise in demand for effective counter-drone technologies. Moreover, the pulse-wave high power microwave segment is projected to manifest the highest CAGR of 15.3% from 2023 to 2032, and is estimated to maintain its leadership status throughout the forecast period, owing to the rise in demand for effective countermeasures such as pulsed-wave high power microwave due to growing utilization of unmanned aerial vehicles (UAVs) and autonomous systems.

The ground-based segment to maintain its leadership status throughout the forecast period.

Based on the platform, the ground-based segment held the highest market share in 2022, accounting for more than half of the global high-power microwave directed energy weapons market revenue, and is estimated to maintain its leadership status throughout the forecast period as there is a rise in the installation of high-power microwave weapons into land-based vehicles, delivering both mobility and adaptability in deployment. However, the naval segment is projected to manifest the highest CAGR of 16.8% from 2023 to 2032, owing to surge in the collaborations of military forces and agencies with the navy to achieve various strategic objectives and enhance overall defense capabilities with the development of directed energy weapons.

The army segment to maintain its lead position during the forecast period

Based on end-user, the army segment accounted for the largest share in 2022, accounting for nearly half of the global high-power microwave directed energy weapons market revenue, and is estimated to maintain its leadership status throughout the forecast period as there is surge in the integration of microwave weapons into a range of Airforce platforms, encompassing both aircraft and ground-based systems. However, the navy segment is projected to manifest the highest CAGR of 16.6% from 2023 to 2032, owing to navy forces of various countries aiming to utilize high-power microwave (HPM) weapons in electronic warfare scenarios to disrupt or disable the electronic systems of adversary ships, aircraft, or communication systems.

North America to maintain its dominance by 2032

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly half of the high-power microwave directed energy weapons market revenue, and is likely to dominate the market during the forecast period, as there is rise in collaborations between the defense sector and manufacturers to develop advanced, high-efficiency high power microwave weapons. However, the LAMEA region is expected to witness the fastest CAGR of 17.6% from 2023 to 2032, owing to the rise in the investment in technological advancements in defense and military domains in various countries of the region.

Interested to Procure the Research Report? Inquire Before Buying – https://www.alliedmarketresearch.com/purchase-enquiry/9684

High Power Microwave Directed Energy Weapons Industry Leading Market Players: –

Lockheed Martin CorporationRaytheon Technologies CorporationBAE systemsBoeingEpirus, Inc.Thales GroupLeidos, Inc.L3Harris Technologies, Inc.Rheinmetall AGRafael Advanced Defense Systems Ltd.

The report provides a detailed analysis of these key players of the global high-power microwave directed energy weapons market. These players have adopted various strategies such contract, product launch, product development, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.

Similar Reports We Have on Military Industry:

Directed Energy Weapons Market Research Report 2023-2032

Electronic Warfare Market Research Report 2023-2032

Microwave Devices Market Research Report 2023-2032

High Energy Laser Directed Energy Weapons Market Report 2023-2032

Particle Beam Directed Energy Weapon Market Report 2023-2032

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/high-power-microwave-directed-energy-weapons-market-to-reach-5-01-billion-globally-by-2032-at-15-1-cagr-allied-market-research-301973861.html

 

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