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Latin America Directed Energy Weapon Market is Expected to Reach $280.86 Million in 2020 – New Report by MicroMarket Monitor
Date:8/14/2014

(PRWEB) August 14, 2014

The directed energy weapon market in Latin America is estimated at $8.87 million in 2014. Latin America has good relations and strategic partnerships with the Middle East. This has helped Latin America to increase its defense industry. Latin America is modernizing its air force fleet, and there are many opportunities for directed energy weapon manufacturers in this region. Its market is expected to grow at a CAGR of 53% from 2014 to 2020 to reach $280.86 million. Latin America is expected to show significant growth during the forecast period.

Browse through the TOC of the Latin American Directed Energy Weapon market report to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Latin American directed energy weapon market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/south-america-directed-energy-weapon-2090877330.html

The last few years witnessed a well-paced revolution in the directed energy weapon market. The difficulties identified in the directed energy weapon market are high development cost, large size, deflection due to dust, water vapor, and beam absorption by conductive materials. The challenges faced by this market include technological snag, fratricide, and bulkiness.

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