Market Outlook : Military Laser Systems Market Globally Grow at a CAGR of 8.2% by Revenue During the Period 2016-2020

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About the Military Laser Systems Market

Military laser systems are future communication and weapon systems that will change the course of warfare strategies. The emergence of high-energy laser (HEL) systems has transformed the use of lethal and non-lethal weapons. Different forms of laser technologies such as solid-state, fiber, chemical, semiconductor, and Co lasers are being used for defense and homeland security applications. They are increasingly employed in military operations for:
Blinding troops
Electro-optical countermeasures (EOCM)
Free-space communications
Guiding munitions
Marking targets
Missile defense

Technavios analysts forecast the global military laser systems market to grow at a CAGR of 8.2% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global military laser systems market for 2016-2020. To calculate the market size, the report considers the revenue generated in the overall market. It also presents the market segmentation based on application (defense and homeland security), technology (SSL, fiber laser, chemical laser, semiconductor laser, and Co laser) and geography (Americas, EMEA, and APAC).

The market is divided into the following segments based on geography:

Technavio’s report, Global Military Laser Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
BAE Systems
Lockheed Martin
Northrop Grumman
Thales Group

Other prominent vendors
American Laser Enterprises
BAE Systems Aculight
Frankfurt Laser

Market driver
Increasing demand for laser systems
For a full, detailed list, view our report

Market challenge
Budget cuts in military laser spending
For a full, detailed list, view our report

Market trend
Evolution of HEL
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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?

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