Due to economic downturn, major countries like U.S. and the U.K. are witnessing economic difficulties. America has announced the budget cut of US $178 billion during 2011-2015, this could slow down the defense industry. Despite this, the laser market is booming and lot of money is being pumped into research and development of military laser systems. Owing to renewed interest and desire to be self-sufficient India, Japan, China, Germany, France and Australia are the emerging growth regions. The global military laser systems market for aerospace, defense, and homeland security is estimated to be $2.14 billion in 2014. The market is expected to register a CAGR of 4.23% by 2020.
New market report, entitled “Military Laser Systems Market by Application (Laser designator, Laser Range Finder, LIDAR, 3D scanner, Laser Weapon, Dazzlers, Laser sights, Proximity Fuze, Ring laser Gyro, Laser Doppler Vibrometer, Laser Altimeter) by Domain (Aerospace, Defense and Homeland Security) – Forecast and Analysis to 2014-2020”, provides a market analysis of the global military laser systems market and its application in Aerospace and Defense market over next six years. It provides a detailed analysis of both historic and global industryforecast considering factors influencing demand, the challenges faced by the industry participants. Report also provides analysis of the leading companies in the industry and emerging technological trends. Report also provides segmentation by geography, country.
This research report segments the market on the basis of applications in Aerospace & Defence i.e. Laser Range Finder – LRF, Laser designator, LIDAR, 3D scanning, dazzler, directed energy weapons, laser sights, laser proximity fuze, Ring laser Gyro, Laser Altimeters, Laser Doppler vibrometer and product types i.e. Solid state laser, Laser pistol, Fiber laser, Laser cutter, Laser diode (APD – Avalanche photo diode), CO2 and usage of eye safe lasers.
The report also analyzes the market share on the basis of technology. It provides information about the leading players in the laser market. Apart from a general overview of the leading companies, their financial position, key products, unique selling points and key developments.
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: Military Laser Systems Market by Application and Domain – Forecast and Analysis to 2014-2020.