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Join date: Jan 25, 2022
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The military laser systems market is driven by the increasing demand for such systems from the global armed forces for integration into a variety of weaponry. The inherent benefits of such systems, including high accuracy, traversal speed, and cost-effectiveness, are also driving the adoption of such systems. However, the inherent capital-intensive nature of the defense electronics industry due to the high associated cost of R&D, and the recent COVID-19 induced disruption in the global supply chain are some of the factors that may hinder the growth of the market in focus during the forecast period.

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