Thursday, April 28th, 2016 adds Global Directed Energy Weapons Market 2016-2020 latest research report, the increase in the defense budget in most of the developing countries has resulted in an increase in R&D. There is a continuous need for the development of DEW systems and equipment in law enforcement to protect people and national security. Changing environments and emerging technologies have resulted in the defense departments of different countries to develop new and improved weapons and equipment. For example, the guns that do not overheat and require low maintenance are being developed. The analysts forecast global DEW market to grow at a CAGR of 29.03% during the period 2016-2020.

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According to the Directed Energy Weapons market report, the growing demand for non-lethal weapons is a primary driver of the market. We expect that countries such as Russia, the US, the UK, Israel, China, Japan, South Korea, India, and the UAE will increase their demand for non-lethal weapons, during the forecast period owing to the increasing extremist attacks, mob fights, and territorial disputes.

Segmentation by weapon type and analysis of the DEW market - Lethal weapons and Non-lethal weapons

The lethal weapons segment dominates the global directed energy weapons market and will generate revenues of close to USD 14 billion by the end of 2020. In many countries, the military and police use lethal weapons like Maglite lasers and bleach bombs to suppress criminals and extremists. Rising defense concerns and increasing procurement of lethal weapons for crowd control purposes will result in the growth of the market during the forecast period.

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The Americas dominate the global DEW market and will grow at a CAGR of close to 27% during the forecast period. In 2016, the Obama Administration allocated close to UDC 42 billion to the Department of Homeland Security to carry out tasks like improved border security, administering and enforcing immigration laws, improve safety, and fending off extremist attacks to name a few. This recent increase in the military spending will result in the growth of this market in the Americas.

The global directed energy weapons market is highly competitive, and vendors vie for market share based on product quality, cost, reliability, and after-market service. To succeed and thrive in this market, vendors have to focus on providing quality and cost-effective DEWs in this market. Factors like increasing M&A activities and increased collaborations with alliance partners will drive market growth during the forecast period.

Key players in the Global Directed Energy Weapons Market: BAE Systems, Boeing, Lockheed Martin Corp., Northrop Grumman Corp., and Raytheon Co.

Other Prominent Vendors in the market are: Finmeccanica, Israel Aerospace Industries, Saab, and Thales Group.

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