Electromagnetic Weapons Market Trends, Revenue, Key Players, Growth, Share and Forecast Till 2028

The Global electromagnetic weapons market size reached USD 429.7 Million in 2020 and is expected to register a revenue CAGR of 21.1% during the forecast period, according to latest analysis by Emergen Research.

Increasing use of electromagnetic weapons in military activities and rising investment in advanced electromagnetic weapon research and development are key factors projected to support market revenue growth between 2021 and 2028. In addition, increasing geographical conflicts will continue to boost revenue growth of the market.  In all areas, except Africa, conflict intensity in 2020 was slightly lower than in 2019. Despite the worldwide COVID-19 pandemic, some conflicts continued unabated. Geographical conflicts and use of Unmanned Manned Vehicles (UAVs) and drones is expected to increase adoption of electromagnetic weapons among military forces is countries across the globe, which in turn is expected to boost revenue growth of the market in the near future.

The Global Electromagnetic Weapons Market Report 2027 published by Reports and Data to its ever expanding database covers critical data about the technological evolution, market share, market size, current and emerging trends, growth opportunities, current market situation, government regulations, limitations, threats, and challenges of the market. The report is an all-inclusive document covering the impacts of COVID-19 on the economy as well as demand of the market. The report provides a study of the present as well as future impact of the COVID-19 crisis on the overall market. The study also benefits the players by providing a concise and effective strategy to strengthen their footing in the market.

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Prominent Players of the Electromagnetic Weapons Market are: Raytheon Technologies Corporation, Northrop Grumman Corporation, Lockheed Martin Corporation, Thales Group, BAE Systems plc, The Boeing Company, Rheinmetall AG, L3Harris Technologies, Inc., Rafael Advanced Defense Systems Ltd., and Epirus Inc.

The report offers a comprehensive study of the regional bifurcation of the market and provides insightful data about the regulatory framework, current and emerging market trends, opportunities, supply-demand ratio, production and consumption volume, and the import/export ratio in each region. It also evaluates the presence of each market player in the region and strategic initiatives taken by the companies to gain a robust presence in the region. The regional segmentation covers country-wise analysis of the market and includes:

Electromagnetic Weapons Market segmentation

Product Outlook (Revenue, USD Million; 2018–2028)

Lethal Weapons

Electromagnetic Bombs

Rail Guns

Electromagnetic Pulse

Non-lethal Weapons

Pulsed Energy Projectile

Platform Outlook (Revenue, USD Million; 2018–2028)

Airborne

Special Mission Aircrafts

Tactical UAVs

Helicopters

Fighter Jets

Land

Handheld Electromagnetic Weapons

Armored Vehicles

Unmanned Armored Ground Vehicles

Combat Vehicles

Combat Support Vehicles

Weapon Systems

Defence Systems

Launch Systems

Naval

Submarines

Unmanned Surface Vehicles

Combat Ships

Technology Outlook (Revenue, USD Million; 2018–2028)

High Laser-induced Plasma Channel (LIPC)

Particle Beam Weapons (PBW)

Application Outlook (Revenue, USD Million; 2018–2028)

Military

Military Base Protection

Anti-Ballistic Missile Defence

Anti-Satellite Missile Defence

Border Protection

Tactical Air and Missile Defence

Maritime Protection

Battlefield Air Interdiction

Close Air Support

Others

Homeland Security

Critical Infrastructure Protection

Airport Protection

Others

Regional Outlook (Revenue, USD Million; 2018–2028)

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key findings of the report:

Historical and current trends of the market

Factors likely to influence the dynamics of the market

Growth assessment of various market segments throughout the forecast period

Regional and global analysis of the market players including their market share, revenue contribution, and global position

Growth strategies adopted by key market players to combat the impact of COVID-19 pandemic on the market

Impact of the technological developments and R&D advancements on the Electromagnetic Weapons market

Strategic recommendations to the established market players and emerging companies

To summarize, the report provides insightful data regarding every aspect of the market to enable the players to gain a competitive edge. The report comprises of data and information gathered from extensive primary and secondary research and is validated and verified by industry experts and professionals. The data provides reliable statistics for the period of 2020-2027 organized in the form of tables, charts, graphs, diagrams, and other graphical representations.

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