Market Report, "Global Military Laser Systems Market 2015-2019", published

New Defense market report from TechNavio: "Global Military Laser Systems Market 2015-2019"

[USPRwire, Fri Feb 13 2015] Laser systems are widely used for military and defense purposes. These systems include rangefinders, illuminators, laser weapons, directed energy weapons, and infrared countermeasures. The expansion in international arms trade, changing warfare strategies and preference for small-size weapons are the factors driving the market. Laser systems are used for military communications as well. Laser-based ground to air communication system provides a rapid mine detection capability.

TechNavio's analysts forecast the Global Military Laser Systems market to grow at a CAGR of 7.97 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the Global Military Laser Systems market for the period 2015-2019. It provides a global overview, market share, and growth prospect of the market by regions. The report also presents the key vendors in this market and a corresponding detailed analysis of these vendors. In addition, the report discusses the major drivers that are influencing the growth of the market, and it also outlines the challenges faced as well as the key trends that are emerging in the market.

Full Report Details at

TechNavio's report, the Global Military Laser Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region, and the EMEA region. The report also includes a discussion of the key vendors operating in this market.

Key Regions

* Americas

Key Vendors

* BAE Systems
* Lockheed Martin
* Northrop Grumman
* Raytheon
* Thales Group

Other Prominent Vendors

* 3SAE Technologies
* American Laser Enterprises
* Boeing
* Coherent
* Creaform
* Electro Optic Systems
* Eurolaser
* Faro Technologies
* General Atomics
* IPG Photonics
* Jenoptik
* Kratos Defense & Security Solutions
* L-3 Advanced Laser Systems Technology
* Newport Corporation
* Trumpf
* UTC Aerospace Systems
* Vectronix
* Visotek

Market Driver

* Demand from Military and Defense Sectors
* For a full, detailed list, view our report

Market Challenge

* Budget Cuts in Military Laser Spending
* For a full, detailed list, view our report

Market Trend

* Airborne Laser Mine Detection System
* For a full, detailed list, view our report

Key Questions Answered in this Report

* What will the market size be in 2019 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?

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