Electromagnetic Weapons Market Size, Growth Analysis and Precise Outlook with Expert Review

Increasing use of electromagnetic weapons in military activities and rising investment in advanced electromagnetic weapon research and development are key factors driving market revenue growth

The Global Electromagnetic Weapons Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.

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.

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Top Companies Electromagnetic Weapons Market and Profiled in the Report 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.

Key Highlights of Report

  • Non-lethal weapons segment revenue is expected to register a significantly rapid CAGR during the forecast period. Non-lethal weapons including taser guns, flash-bang smoke bombs, rubber bullets, and tear gas are very effective in managing crowds and protesters, as well as in military activities because these usually cause minor to moderate injury or damage.
  • Airborne segment is expected to register a significantly robust revenue growth rate over the forecast period due to steady deployment of electromagnetic weapons in special mission aircraft, tactical UAVs, helicopters, and fighter jets.
  • North America is expected to register a considerably faster revenue growth rate as compared to other regional markets in the global electromagnetic weapons market over the forecast period due to robust presence of major companies such as The Boeing Company, L3Harris Technologies, Inc., Epirus Inc., and Raytheon Technologies Corporation are among others, in countries in the region.

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Objectives of the Report:

  • Study of the global Electromagnetic Weapons market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Electromagnetic Weapons market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Electromagnetic Weapons market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Electromagnetic Weapons market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Emergen Research has segmented global electromagnetic weapons on the basis of product, platform, technology, application, and region:

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

  • Lethal Weapons
    1. Electromagnetic Bombs
    2. Rail Guns
    3. Electromagnetic Pulse
  • Non-lethal Weapons
    1. Pulsed Energy Projectile

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

  • Airborne
    1. Special Mission Aircrafts
    2. Tactical UAVs
    3. Helicopters
    4. Fighter Jets
  • Land
    1. Handheld Electromagnetic Weapons
    2. Armored Vehicles
    3. Unmanned Armored Ground Vehicles
    4. Combat Vehicles
    5. Combat Support Vehicles
    6. Weapon Systems
    7. Defence Systems
    8. Launch Systems
  • Naval
    1. Submarines
    2. Unmanned Surface Vehicles

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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