Dublin:Business Wire) – “Electromagnetic Weapons Market in Production (Killer Weapons, Non-lethal Weapons), Application (Homeland Security, Military), Platform (Land, Navy, Air Force), Technology (Pekal Beam Equipment, Laser-Inspired Plasma Channel), and Region – 2026 forecast ”report added ResearchAndMarkets.com’s Presenting.
The Electromagnetic Weapons Market It is worth $ 509 million by 2021. By 2026, the CAGR is projected to reach $ 1.282 million.
The key drivers for the growth of the global electromagnetic weapons market are the prevention of terrorist attacks, chemical, biological, radiological and nuclear materials in order to protect civilian life and national security. Electromagnetic devices are being used to protect against attacks such as particle radiation, high-power microwave and rail guns such as ballistic missiles, anti-satellite weapons and nuclear weapons. Investments in electromagnetic weapons solutions.
The major players in the electromagnetic weapons market are Lochid Martin Corporation (USA), Reiteon Technologies (USA), Norrop Grumman Corporation (US), Hanewell International (USA), Thales Group (France), Rimmettal AG (Germany), BAE Systems (UK). , Elbit Systems (Israel) and QinetiQ Group (USA) among others. These players have spread their business to various countries in North America, Europe and Asia Pacific.
Depending on the type of product, the lethal weapon segment is expected to grow at a higher CAGR during the forecast period.
These lethal products are primarily for military use, including pistols, electromagnetic bombs, plasma cannon, microwave guns, naval laser cannons, machine guns, automatic rifles and many more. Huge investments in R&D as well as deadly electromagnetic devices are being demonstrated and tested
Based on the platform, the Naval Platform is expected to grow at a higher CAGR during the forecast period.
Navy electromagnetic weapons systems include equipment used in naval applications, for example, warships and submarines, and others. The navy is divided into warships, submarines and unmanned aerial vehicles. Ships are designed to be used by coastguards and the navy in particular to protect maritime borders.
The North American region is expected to have the largest share of the electromagnetic weapons market by 2021
With the increase in investment in electromagnetic weapons technologies in the region, the North American electromagnetic arms market is expected to grow significantly during the forecast period. The US and Canadian Department of Defense are involved in the development of high-tech electromagnetic weapons platforms such as high-power laser and high-power microwave that drive market growth. Well-established and well-known electromagnetic weapons systems in this region include Lochid Martin (USA), Norrop Grumman (USA) and Reiteon (USA).
Market volatility
Drivers
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The demand for electromagnetic devices has increased in combat operations
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Increase modernization and investment in the defense sector to develop electromagnetic devices for military platforms
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Fast advances in AI, big data analytics and robot technologies
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Focus on developing small, compact electromagnetic weapons for the UV platform
Restrictions
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Restrictions on anti-personnel high power microwave
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Use of electromagnetic devices for law enforcement missions
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High security damage using electromagnetic weapons
Opportunities
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Increase research and development of advanced electromagnetic weapon technologies
Challenges
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Obstacles to the design of military-class electromagnetic weapons systems have increased
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Integrating existing weapon control and operating systems with new electromagnetic weapon technologies
Mentioned companies
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BAI Systems PLC
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Director Energy Technologies Inc.
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Dietics
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Eagle-Pitcher
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Elbit Systems Ltd.
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Epirus Inc.
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General atoms
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Honeywell Inc.
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L3 Harris Technologies
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Lochid Martin Corporation
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Northrop Grumman Corporation
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Kinetic Group Plc.
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Rafael Advanced Defense Systems
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Raytheon Technologies Corporation
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Rheinmetall ag.
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Rocketsan
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Talis team
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Boeing Company
For more information on this report, visit https://www.researchandmarkets.com/r/o4nyup