Military Laser Systems Market Trend Evaluation with covid-19 impact

Military Laser Systems Market Trend Evaluation with covid-19 impact

August 21, 2020

This new report from Stratview Research analyses the Military Laser Systems Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Military Laser Systems Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Military Laser Systems Market is no different. Derived from the previous market scenario, the Military Laser Systems Market is likely to witness an impressive CAGR of 9.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

  • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • COVID-19 Impact Analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

Military Laser Systems Market Share: By Product Type

Based on the product type, the market is segmented as laser designator, lidar, 3D scanning, laser weapon, laser range finder, ring laser gyro, and laser altimeter. The 3D scanning segment is estimated to register the highest growth during the forecast period. Currently, the laser weapon segment is commanding the market, which comprises high energy laser technologies and are of three types - chemical lasers, solid-state laser, and Free Electron Laser (FEL).   

Military Laser Systems Market Share: By Application Type

Based on the application type, the market is segmented as homeland security and defense. The defense segment dominated the market in 2018, and is expected to continue its dominance during the forecast period.

Click below to run through the detailed ToC of the report:

Military Laser Systems Market Share: By Region

In terms of regions, the military laser systems market is commanded by North America, followed by Europe, Asia-Pacific, the Middle East, and rest of the world (RoW). The Middle East is one of the top five defense markets in the world, and it is estimated that the Middle Eastern defense expenditure would rise by fourfold in the subsequent times. The military laser systems market is growing in the Middle East, as it could pace up force protection against unmanned aerial vehicles or rocket, artillery, small boat swarms, mortar or missile attack. This has enabled the Middle Eastern region to become the fastest-growing region in the market during the forecast period.  

Military Laser Systems Market: Key Players

Some of the major players in the military laser systems market are American Laser Enterprises, LLC, BAE Systems PLC, Coherent Inc., Frankfurt Laser Company, Lockheed Martin Corporation, Newport Corporation, Northrop Grumman Corporation, Quantel, and Raytheon Company.

Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry:

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

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Author : Emily


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