Electromagnetic Weapons Market

Electromagnetic Weapons Market was valued at approximately USD 680 million in 2022 and is expected to grow significantly, reaching around USD 2 billion by 2030

Pages: 250

Format: PDF

Date: 11-2024

Electromagnetic Weapons Market

The Electromagnetic Weapons (EMW) Market is centered around advanced systems that utilize electromagnetic energy to disrupt, disable, or destroy electronic systems. These weapons are crucial for modern electronic warfare and include devices such as electromagnetic pulse (EMP) weapons, radio frequency (RF) weapons, and microwave-directed energy systems. They are deployed in various applications, including military operations, homeland security, and crowd control, offering non-lethal alternatives to conventional weapons.

Market Value and Growth:

The Electromagnetic Weapons Market was valued at approximately USD 680 million in 2022 and is expected to grow significantly, reaching around USD 2 billion by 2030, at a projected compound annual growth rate (CAGR) of 15% to 20% during the forecast period. This growth is driven by advancements in defence technology, increasing applications in military operations, and heightened geopolitical tensions.

Report Attributes Details
Study Period 2023 to 2033
Base Year 2023
FORECAST PERIOD 2024-2030
HISTORICAL PERIOD 2020-2023
UNIT Value (USD Billion)
KEY COMPANIES PROFILED Lockheed Martin Corporation
Raytheon Technologies
BAE Systems
Elbit Systems
Northrop Grumman Corporation
QinetiQ Group
Honeywell International
Thales Group
Rheinmetall AG
Others


SEGMENTS COVERED By Type, By Application, and By Geography
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

The market was valued at approximately USD 742.26 million in 2023 and is projected to grow at a CAGR of 19.8%, reaching around USD 2 billion by 2032​

Electromagnetic Weapons are advanced technological devices designed to emit electromagnetic energy to disrupt, damage, or destroy electronic systems and equipment. These weapons use directed electromagnetic waves, such as radio frequencies (RF) or microwaves, to target and neutralize threats effectively.

Types of Electromagnetic Weapons

Electromagnetic Pulse (EMP) Weapons:

Emit a burst of electromagnetic radiation to disrupt or destroy electronic circuits and systems.

Often used to disable communication networks, power grids, or military electronics.

High-Power Microwave (HPM) Weapons:

Focus high-energy microwaves to incapacitate electronics without physical destruction.

Effective for counter-drone systems and disabling enemy radar.

Radio Frequency (RF) Weapons:

Use specific radio frequencies to interfere with communication devices or sensors.

Commonly applied in electronic warfare for jamming or spoofing.

Applications

Electromagnetic weapons are used for counter-drone systems, anti-missile defense, communication disruption, and non-lethal crowd control. They are particularly prominent in naval operations, border security, and anti-terrorism efforts.

Military: Deployed for electronic warfare, targeting enemy communication systems, and counter-drone operations.

Homeland Security: Used for perimeter defense and disabling unauthorized vehicles or drones.

Non-lethal Crowd Control: Low-intensity systems can disperse crowds or manage protests with minimal physical harm.

Advantages

Non-lethal, reducing the risk of collateral damage.

Can disable targets without physical destruction, preserving infrastructure.

Effective against advanced electronic threats like drones and unmanned vehicles.

Key Drivers:

Increasing government investments in defense technologies.

Rising geopolitical tensions prompting military modernization.

Technological advancements enabling compact and versatile weapons​

Challenges:

High development costs and complexity.

Vulnerability to countermeasures.

Regulatory and ethical concerns​

Regional Insights:

North America is a leading market, driven by significant investments in defense and technology, particularly in the U.S.

Asia-Pacific is growing rapidly, with countries like China and India expanding their defense budgets​

Competitive Landscape:

Prominent players include Lockheed Martin, Raytheon Technologies, Northrop Grumman, BAE Systems, and Rheinmetall AG. These companies focus on developing innovative, high-performance systems.

Future Outlook:

The EMW market is poised for substantial growth, driven by increasing adoption in defense and law enforcement, alongside technological innovations. Non-lethal systems for crowd control and anti-drone operations are expected to gain prominence. However, advancements in countermeasures could pose challenges, emphasizing the need for continuous R&D.

Electromagnetic Weapons Market Segments

By Technology

Particle Beam Weapons

Laser-induced Plasma Channel

By Application

Homeland Security

Military

By Platform

Land

Naval

Airborne

By Product

Lethal Weapons

Non-lethal Weapons

Electromagnetic Weapons Market Players

Lockheed Martin Corporation

Raytheon Technologies

BAE Systems

Elbit Systems

Northrop Grumman Corporation

QinetiQ Group

Honeywell International

Thales Group

Rheinmetall AG

Others

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2.   Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5.    Value Chain Analysis

6.    Porter’s 5 forces model

 7. PEST Analysis

8. Electromagnetic Weapons Market, by Technology

8.1 Particle Beam Weapons

8.2 Laser-induced Plasma Channel

9. Electromagnetic Weapons Market, by Application

9.1 Homeland Security

9.2 Military

10. Electromagnetic Weapons Market, by Platform

10.1 Land

10.2 Naval

10.3 Airborne

11. Electromagnetic Weapons Market, by Product

11.1 Lethal Weapons

11.2 Non-lethal Weapons

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

 

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

13. Company Profiles

13.1 Raytheon Technologies

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Lockheed Martin Corporation

13.3 Northrop Grumman Corporation

13.4 Honeywell International

13.5 Thales Group

13.6 Rheinmetall AG

13.7 BAE Systems

 13.8 Elbit Systems

13.9 QinetiQ Group

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share Analysis

14.3 Recent Developments

15. Conclusion

Electromagnetic Weapons Market Segments

By Technology

Particle Beam Weapons

Laser-induced Plasma Channel

By Application

Homeland Security

Military

By Platform

Land

Naval

Airborne

By Product

Lethal Weapons

Non-lethal Weapons

Electromagnetic Weapons Market Players

Lockheed Martin Corporation

Raytheon Technologies

BAE Systems

Elbit Systems

Northrop Grumman Corporation

QinetiQ Group

Honeywell International

Thales Group

Rheinmetall AG

Others

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