Military Laser Market Analysis, Size, Industry Outlook And Segment Forecasts 2014 To 2020: Grand View Research, Inc

The military laser systems market is expected to witness significant growth over the forecast period due to increasing investments into the research & developments of laser weapons. With the transformation in the nature of warfare, the military laser systems are expected to gain prominence. Characteristics such as high intensity and low divergence have made laser a preferred choice to accurately range and destroy distant enemy tanks. Increasing government initiatives for strengthening defense are expected to drive the military laser systems market. Economic downturn in several countries has led to shrinking budgets, thereby inhibiting the military laser systems market growth.
http://www.grandviewresearch.com/industry-analysis/military-laser-systems-market