The rising number of security threats to countries across the globe as well as the fast delivery of the beam for disabling the targets is a major factor for the growth of the market over the forecasted period. However, the high cost of equipment will be a significant factor obstructing the growth of the market in the coming years. Market Size – USD 8.32 Billion in 2020, Market Growth - CAGR of 10.80%, Market Trends – Growing demand for laser weapon systems in the Navy as well as the changing nature of warfare from conventional to urban areas is creating a massive opportunity for Laser weapon systems to evolve. According to the current analysis of Reports and Data, the global Laser Weapon System market was USD 8.32 Billion in 2020 and is projected to grow at a CAGR of 10.80%. Fast delivery of the beam in comparison to the kinetic weapons is one of the factors responsible for the growth of the market. Increasing investments by various countries are a major driver for the growth o