Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Military Laser Market Could Reach $2.73B By 2020

Facebook Twitter LinkedIn Email Comments
Military laser systems are expected to grow into a $2.73 billion global industry by 2020, according to analysts MarketsandMarkets.

The industry is estimated at $2.14 billion this year, with an estimated compound annual growth rate over the next six years of 4.23 percent.

In the U.S., the firm reported, money continues to flow into research and development of military laser technology despite the economic downturn and federal budget cuts that have slowed the defense industry. Meanwhile, India, Japan, China, Germany, France and Australia are emerging as growth regions, the firm reported.

The report is available at www.marketsandmarkets.com.

Photonics Spectra
Sep 2014
AmericasAsia-PacificBusinessdefenseEuropeindustriallight speedMarketsandMarketslasers

Comments
LATEST HEADLINES
view all
PHOTONICS MARKETPLACE
Search more than 4000 manufacturers and suppliers of photonics products and services worldwide:

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2021 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.