Global Military Laser Systems Market 2017-2021 - Key vendors are BAE Systems, Lockheed Martin, Northrop Grumman, Raytheon & Thales - Research and Markets

The "Global Military Laser Systems Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global military laser systems market to grow at a CAGR of 7.75% during the period 2017-2021.

Global Military Laser Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is Development of miniature laser designator for UAVs.

Drones are being used for several military purposes such as communication; combat, search, and rescue; destruction of enemy air defense; electronic attack; intelligence, surveillance, and reconnaissance; and suppression of enemy air defense operations.

Vendors are focusing on the development of mini or small size drones that offer greater maneuverability and swiftness in operation, which in turn, is leading to the development of mini-laser designators.

One of the major drivers for this market is Increasing success rates of laser systems on field. Several countries have been collaborating with vendors and investing in the R&D of laser systems.

Key vendors