The global market for electromagnetic weapons had a value of USD 429.7 million in 2020 and is projected to grow at a rate of 21.1% during the forecast period. Key elements anticipated to boost market revenue growth between 2021 and 2028 include rising investment in sophisticated electromagnetic weapon research development and increasing employment of electromagnetic weapons in military operations. Additionally, escalating geopolitical tensions will support market revenue growth. Conflict intensity decreased marginally in all regions in 2020 compared to 2019, with the exception of Africa. Geographical conflicts and the use of unmanned aerial vehicles (UAVs) and drones are predicted to lead to an increase in the employment of electromagnetic weapons by armed forces worldwide, which is predicted to lead to boost growth of the market
The Global Electromagnetic Weapons market drivers and restraints market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research.
One of the most cutting-edge electromagnetic energy technologies is the quick development of high-power microwave weapons and the adoption of electromagnetic weapons to counter the threat of Unmanned Aerial Vehicles (UAVs). These weapons are being incorporated into military platforms including the navy, the airborne system, mobile vehicles, and satellites more and more in 2021.
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International law does not have a definitive definition of electromagnetic weapons, and no multilateral institution currently in existence has electromagnetic weapons on its agenda. However, there are a number of legal systems that might cover electromagnetic weapons.
The possibility of electromagnetic weapons calls into doubt a number of international legal instruments, most notably those that regulate the use of force. Some EMWs are distinguished from "lethal" weapons by being labelled as "nonlethal" or "less-lethal."
Any country choosing an electromagnetic weapon must take improved system reliability into consideration. A variety of defence platforms, including combat vehicles, can gather and distribute capabilities with the use of cutting-edge hardware components.
The design of electromagnetic weapon systems utilised by the military sector has become more complex, which has increased the weapon systems' complexity. The design of electromagnetic weapon systems has become more sophisticated as a result of the defence industry's demand for electromagnetic weapon system components that can perform parallel operations with less power consumption and a reduction in size and weight.
Some of the Report's Important Highlights
- Revenue from the non-lethal weapons segment is anticipated to grow at a very fast CAGR throughout the forecast period. Because they typically result in minor to moderate harm or damage, non-lethal weapons like tasers, flash-bang smoke bombs, rubber bullets, and tear gas are particularly useful at controlling crowds and demonstrators as well as in military operations.
- Due to the ongoing use of electromagnetic weapons in fighter planes, helicopters, tactical UAVs, and special purpose aircraft, the airborne segment is anticipated to have extremely rapid revenue growth over the projection period.
- Due to the significant presence of manufacturers, North America is anticipated to experience a much quicker rate of revenue growth than other regional markets in the global market for electromagnetic weapons during the forecast period.
Major companies in the global market report include 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.
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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
- Electromagnetic Bombs
- Rail Guns
- Electromagnetic Pulse
- Pulsed Energy Projectile
Platform Outlook (Revenue, USD Million; 2018–2028)
- Special Mission Aircrafts
- Tactical UAVs
- Fighter Jets
- Handheld Electromagnetic Weapons
- Armored Vehicles
- Unmanned Armored Ground Vehicles
- Combat Vehicles
- Combat Support Vehicles
- Weapon Systems
- Defence Systems
- Launch Systems
- 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 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
- Critical Infrastructure Protection
- Airport Protection
Regional Outlook (Revenue, USD Million; 2018–2028)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- South Africa
- Rest of MEA
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