Electromagnetic Weapons Market

Electromagnetic Weapons Market is expected to grow at a USD 1,282 Million by 2028 and witnessing a 18.7% CAGR during 2021-2028.

Electromagnetic Weapons Market Overview

Electromagnetic Weapons are type of energy weapons which uses electromagnetic radiation to deliver heat or electrical energy which can cause pain or permanent damage. It can used against humans, electronic equipment, or military targets.

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Major Electromagnetic Weapons Market Drivers

Electromagnetic Weapons can be used in defense of terrorist attacks, chemical, biological, and nuclear materials to save civilians’ lives and preserve the country’s national security. Electromagnetic weapons like rail guns and high-power microwaves are used to defend from ballistic missiles, anti-satellite weapons, and nuclear weapons. Therefore, these factors are expected to support the market growth of Electromagnetic Weapons. Moreover, government spending on the defense sector to improve or strengthen the country’s power will further support the market growth. For instance, the US Department of Defense has allocated USD 705 billion in 2021 and planning to allocate USD 10 billion more, i.e., USD 715 billion for 2022.

Additionally, electromagnetic weapons offer advantages of scalability from microwaves that heat the target’s skin but without injury and can destroy an enemy ballistic missile in flight. Moreover, electromagnetic pulse can permanently disable satellites in orbit and destroy smartphone or other electronics with no possibility of repair.

Restraint in the Electromagnetic Weapons Market

However, electromagnetic weapons or electromagnetic pulses can disrupt, degrade, and destroy large geographical areas, technology, and critical infrastructure systems. Electromagnetics weapons are not approved under international law and can further restrict market growth. For instance, in 2019, the US government has issued an executive order on “Coordinating National Resilience to Electromagnetic Pulses” after recognizing the growing threat that electromagnetic pulses pose to the nation.

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Product- Segment Analysis

Based on Product, the lethal weapons segment is expected to witness higher growth in the coming years. Lethal weapons mainly focus on military applications such as rail guns, electromagnetic bombs, plasma canons. Lethal weapons can identify, select, and engage a target without meaningful human control. These weapons use algorithms rather than human judgment. For instance, kinetic energy devices, long-range chemical devices, electronic devices are manufactured within this category.

Platform- Segment Analysis

Based on Platform, the naval platform segment is projected to witness higher sales in the coming years. Naval electromagnetics weapons are futuristic weapons that fires projectiles at up to seven times the speed of sound using electricity. These weapons are used in naval applications such as combat ships and submarines. It uses rail guns which uses electricity instead of gunpowder. It creates kinetic energy to destroy targets with accelerate projectile at six to seven times the speed of sound. According to Congressional Research Service of US, the pentagon is pushing to double the power of laser, to over 300 kilowatts, earlier it was 100-150 kw class.

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Regional – Segment Analysis

Based on region, the Asia Pacific region is expected to grow at the fastest rate for Electromagnetic Weapons globally during the forecast period. The market will be mainly driven by advancement of technology such as energy lasers and high-power microwaves. The rapid economic development, increase in border disputes, and terrorist attacks has led to increase in military spending of countries such as China, India, and Japan.

Top Market Players

Several leading companies in the market include Thales Group, Northrop Grumman Corporation, Lockheed Martin Corporation, Bae System Plc., General Atomics, Rafael Advanced Defense Systems, Roketsan, Eagle-Picher, The Boeing Company, L3Harris Technologies, and among others.

Key Developments:

• In 2021, Northrop receives a USD 146 million air force order for Laser-based missiles countermeasure system. It uses high-intensity technology and works by beaming a laser into the infrared seeker of a missile to disable the threat.
• In 2021, the US army has awarded the Boeing Company and General Atomics a contract to develop 300 kilowatts solid-state laser weapons. The technology is leap ahead capable for air and missile defense to support army and defeat next generation theft.

Segments covered in the Report:

The Electromagnetic Weapons Market has been segmented based on product, Platform, and Region. Based on Product, the market is segmented into Lethal Weapons, Non-lethal Weapons. Based on platform, market is segmented into Naval Platform, Land Platform, Airborne Platform. Based on Technology, market is segmented into Particle Beam Weapons, Laser-induced Plasma Channel.

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Market Segmentation

Global Electromagnetic Weapons Market by Product

• • Lethal Weapons
  • Non-lethal Weapons

Global Electromagnetic Weapons Market by Platform

• • Naval Platform
  • Land Platform
  • Airborne Platform

Global Electromagnetic Weapons Market by Technology

• • Particle Beam Weapons
  • Laser-induced Plasma Channel

Global Electromagnetic Weapons Market by Region

• • North America Electromagnetic Weapons Market (Option 1: As a part of the free 25% customization)

    • North America Electromagnetic Weapons Market by Product
    • North America Electromagnetic Weapons Market by Platform
    • North America Electromagnetic Weapons Market by Technology
    • US Electromagnetic Weapons Market All-Up
    • Canada Electromagnetic Weapons Market All-Up

  • Europe Electromagnetic Weapons Market (Option 2: As a part of the free 25% customization)

    • Europe Electromagnetic Weapons Market by Product
    • Europe Electromagnetic Weapons Market by Platform
    • Europe Electromagnetic Weapons Market by Technology
    • UK Electromagnetic Weapons Market All-Up
    • Germany Electromagnetic Weapons Market All-Up
    • France Electromagnetic Weapons Market All-Up
    • Spain Electromagnetic Weapons Market All-Up
    • Rest of Europe Electromagnetic Weapons Market All-Up

  • Asia-Pacific Electromagnetic Weapons Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Electromagnetic Weapons Market by Product
    • Asia-Pacific Electromagnetic Weapons Market by Platform
    • Asia-Pacific Electromagnetic Weapons Market by Technology
    • China Electromagnetic Weapons Market All-Up
    • India Electromagnetic Weapons Market All-Up
    • Japan Electromagnetic Weapons Market All-Up
    • Rest of APAC Electromagnetic Weapons Market All-Up

  • RoW Electromagnetic Weapons Market (Option 4: As a part of the free 25% customization)

    • RoW Electromagnetic Weapons Market by Product
    • RoW Electromagnetic Weapons Market by Platform
    • RoW Electromagnetic Weapons Market by Technology
    • Brazil Electromagnetic Weapons Market All-Up
    • South Africa Electromagnetic Weapons Market All-Up
    • Saudi Arabia Electromagnetic Weapons Market All-Up
    • UAE Electromagnetic Weapons Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Electromagnetic Weapons Market All-Up

Major Players Operating in the Electromagnetic Weapons market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Thales Group
  • Northrop Grumman Corporation
  • Lockheed Martin Corporation
  • Bae System Plc.
  • General Atomics
  • Rafael Advanced Defense Systems
  • Roketsan
  • Eagle-Picher
  • The Boeing Company
  • L3Harris Technologies