Directed-energy and Military Lasers: Global Markets


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The global market for directed-energy and military lasers totaled $6.6 billion in 2016. The market should total $7.4 billion in 2017 and $12.3 billion in 2022, increasing at a compound annual growth rate (CAGR) of 10.7% from 2017 to 2022.
The application of directed-energy and military lasers in the field of defense totaled $2.6 billion in 2016. The market should total $2.8 billion in 2017 and $4.9 billion in 2022, increasing at a CAGR of 11.5% from 2017 to 2022.
The application of directed-energy and military lasers in the medical field totaled $1.2 billion in 2016. The market should total $1.4 billion in 2017 and $2.3 billion in 2022, increasing at a CAGR of 11.6% from 2017 to 2022.