Lasers in Warfare: The Growing Market of Chemical Oxygen Iodine Weapons

Market Growth

• 2025: $1.41 billion
• 2026: Expected to hit $1.56 billion
• 2030: Projected to reach $2.3 billion

The growth is driven by:

• Research and technological advances
• Collaboration among defense sectors
• Development of smaller systems for missile defense

Key Drivers

• Increasing Defense Budgets: Supports research and deployment of new technologies.
• Geopolitical Tensions: Countries are boosting military power to counter threats.
• Example: US increased its defense budget by 4.1% in 2023.
• Rising Drone Threats: Drones are used for surveillance and attacks.
• FAA reported a 25.6% rise in illegal drone activity in early 2025.

Key Players

• Boeing
• Raytheon
• Lockheed Martin
• Northrop Grumman
• Honeywell

Regional Insights

• North America: Leads the market.
• Asia-Pacific and Europe: Seeing significant growth.

Challenges and Opportunities

• Trade Issues and Tariffs: Can slow down progress but also drive local innovation.
• Market Reports: Provide insights into market size, competition, trends, and future opportunities.
• Applications: Used in ground, air, and naval systems to counter aerial threats.
• Revenue Sources: Sales of laser designators, scanners, range finders, and fiber-coupled COIL systems.
• Regional Coverage: Includes countries like Australia, Brazil, China, France, Germany, India, Japan, and the USA.

Future Outlook

The market is dynamic and requires stakeholders to adapt to trade policies and geopolitical shifts to seize new opportunities.