Direct Energy Weapon Industry Analysis – Advancements in Military Tech paving way for Next-Gen Ballistics
New York, Dec. 15, 2022 (GLOBE NEWSWIRE) — The global direct energy weapon market is currently valued at US$ 1,810.2 Million and is anticipated to expand at a CAGR of 22.3%. Owing to the growing support from various governmental organizations, the market is likely to propel to US$ 13,551.6 Million by 2032.
An increase in the military spending by prominent countries has been observed in the last five years. The defence against terrorist attacks, CBRN [chemical, biological, radiological and nuclear] threats, and nuclear aggressions to protect civilian lives and national security are the key factor expected to drive the market during the forecast period.
The growing instances of extremist attacks and several territorial disputes in different parts of the world are among the main reasons for an increase in demand for direct energy weapons. The increasing demand for precise and non-lethal weapons is boosting the directed energy weapons market across the world. North America and Asia Pacific are expected to be leading markets for direct energy weapons and are expected to continue their dominance through the assessment period
“Increasing protests, turmoil, political disputes, and conflicts and increased demand for precise weapon systems globally and technological advancement in weapon systems are expected to radically transform the direct energy…
