Electromagnetic Weapons Market
The research report by GMI Organisation presumes that Electromagnetic Weapons Market will come across a sturdy growth over the forecast period. The ongoing technological innovation and intensified research and development of electromagnetic weapons will elevate the Electromagnetic Weapons market size.
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Electromagnetic Weapons Market Dynamics
Electromagnetic weapons use electromagnetic energy to deliver heat, mechanical, or electrical energy to cause pain or damage the target. These weapons have enough potential to disrupt the functioning of electronics. The intensified investment in development of electromagnetic weapons to be incorporated in air and missile defense will proliferate the growth of the global electromagnetic weapons market. These weapons are used in chemical, biological, and nuclear weapons to save the life of civilians and reserve the national safety. The increase in government expenditure on the defense industry to enhance the country’s power will elevate the market size. For instance, the Department of Defense, US, allocated USD 705 billion in 2021 and has planned to assign USD 10 billion more, i.e., USD 715 billion for 2022.
Besides this, the electromagnetic weapon offers several benefits, such as extensibility from microwaves that heat the intended skin without injury and can destroy the ballistic missile in flight. Also, the electromagnetic pulse can disable satellites in orbit and obliterate smartphone with no chances of repair.
However, electromagnetic weapons or electromagnetic pulse can dismantle, and degrade, technology, geographical areas, and critical infrastructure systems. They are not sanctioned under international law which can restrain the market growth. For instance, in 2019, the US government emanated an executive order on “Coordinating National Resilience to Electromagnetic Pulses” after recollecting the threat that electromagnetic pulses pose to the nation.
Regional Drivers
Based on the regional analysis, the Asia Pacific region is projected to seize the fastest share during the forecast period. The market is majorly driven by innovation in technology such as high-power microwaves and energy lasers. The increasing economic development, growing border disputes, and terrorist attacks has led raised the disbursement of countries such as China, India, and Japan which may further drive the electromagnetic weapons market share.
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