Press release
Electronic Warfare Market 2018 | High Growth at a CAGR of 6.2% along with General Dynamics, Northrop Grumman, Textron, Elbit Systems, Teledyne Technologies, Lockheed Martin, Bae Systems till 2026
Market BenefitsThe Global Electronic Warfare market is accounted for $22.19 billion in 2017 and is expected to reach $38.31 billion by 2026 growing at a CAGR of 6.2%. Factors driving the market growth are increasing reliability, efficiency and effectiveness with the introduction of travelling-wave tube- (TWT) technology which is used for electronic warfare application and development of cognitive electronic warfare technology, growing demand for Integrated EW systems, rising importance of piezoelectric and ferromagnetic materials and expanding conductive technologies. Huge capital investments required for developing EW systems and lack of technical skills are some of the major factors hindering the market growth.
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Electronic warfare engages the use of electromagnetic spectrum or direct energy weapons. They are used to control the spectrum or an enemy attack. Electronic warfare ensures uninterrupted access to the electromagnetic spectrum. Electronic warfare also ensures to collect an enemy’s radio signals.
Top Players:
Some of the key players in global Electronic Warfare market include General Dynamics, Northrop Grumman, Textron, Elbit Systems, Teledyne Technologies, Lockheed Martin, Bae Systems, Boeing, Leonardo, Israel Aerospace Industries, Harris, Raytheon, L3 Technologies, Rockwell Collins, Saab and Thales.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Market Segments:
Based on capability, electronic support segment has witnessed huge growth as modern warfare techniques are widely adopted in developing countries such as Asia Pacific and Middle East regions. North America is dominating the Electronic Warfare market and the factors favoring the growth of this region are territorial disputes, political disputes, terrorism and rising insurgencies. Asia Pacific has acquired largest market share owing to India and China investing substantially on strengthening defense sector.
Product Types Covered:
• Operational Support
• Equipment
Capabilities Covered:
• Electronic Attack
• Electronic Protection
• Electronic Support
Platform Covered:
• Ground
• Airborne
• Space
• Naval
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About Us
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Our main goal is to Boost and Associate organizations to Build everlasting strategic enhancement and recognize growth Purpose. The organization assists its clients to accomplish business policies and achieve Continuous growth in their respective market domain.
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