DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b9gwdd/global_directed) has announced the addition of the "Global Directed Energy Weapons Market 2014-2018" report to their offering.
The Global Directed Energy Weapons market to grow at a CAGR of 23.16% to 2018
Weapons that emit high energy and damage a target with minimum collateral damage are called directed energy weapons. This energy can have different categories such as electromagnetic waves (masers, lasers, radio frequency, and microwave), sound in supersonic form, and particles with mass.
To calculate the market size, the report considers the annual revenue generated from sales of directed energy weapons to defense and homeland security.
An increase in R&D is one of the major trends emerging in this market. Increasing demand for advanced military weapons is driving research and development activities in the market.
According to the report, increase in defense budgets is one of the major drivers in this market. Countries such as China, India, Saudi Arabia, and Russia are expected to increase their defense budgets during the forecast period of 2013-2018.
Further, the report states that rapid technological advances in the market inhibit market growth as vendors need to invest in upgrading products, resulting in a decline in their profit margins.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the Key Market Trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- BAE Systems
Other Prominent Vendors
- Lockheed Martin
- Northrop Grumman
- Rafael Advanced Defense Systems
For more information visit http://www.researchandmarkets.com/research/b9gwdd/global_directed