2028 Electromagnetic Weapons Industry Report Growth Forecasts

Stratistics MRC's Global Electromagnetic Weapons Market value is expected to reach $1684.19billion growing at a CAGR of 21.7% during 2022-2028.

E-bombs are another name for electromagnetic weapons since they have the ability to produce a powerful burst of radio waves or microwaves that can destroy any electronic circuitry or have physiological effects on those who are exposed to them. In order to send heat, mechanical, or electrical energy to a target in order to hurt or permanently harm it, electromagnetic weapons generate electromagnetic radiation. Depending on the technology, these electromagnetic weapons are frequently used against people, technological devices, and military targets.

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By geography, North America is projected to hold the largest market share during the forecast period owing to the regional governments is investing more money in the development of electromagnetic weaponry. Additionally, high-tech electromagnetic weapon systems, such as high-energy lasers and high-power microwaves, are being developed by the US and Canadian defence departments.

Some of the key players profiled in the Electromagnetic Weapons Market include Northrop Grumma corporation, Lockheed Martin Corporation, Rafael advanced defense systems, Directed energy technologies inc., Raytheon Technologies Corporation, L3harris technologies, Qinetiq group PLC., Elbit systems LTD., General Atomics, Rheinmetall AG, Honeywell International, BAE Systems, The Boeing Company, Thales Group.

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