Electronic Warfare Market 2022-2027: Latest Updates, Industry Size, Share, Growth Opportunities and Forecast

According to IMARC Group latest report titled "Electronic Warfare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on electronic warfare market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market reached a value of US$ 16.52 Billion in 2021. The global electronic warfare market to reach US$ 23.17 Billion by 2027, exhibiting at a CAGR of 5.3% during 2022-2027.

Electronic warfare refers to the military operations that involve the use of electromagnetic spectrum and equipment, such as infrared (IR) detectors and radars, to intercept attacks and provide protection to the allied forces. It involves the use of jammers, decoys, countermeasure systems and directed energy weapons that aid in improving the range, spectral domain, security, understanding the environment and informing decisions. It is widely used by armed forces to provide intelligence and combat solutions for detecting, analyzing, detecting, disrupting and locating threats. As a result, electronic warfare systems are widely used across naval, land, space and airborne platforms.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The global electronic warfare market is primarily being driven by the increasing number of digital attacks and cybersecurity threats. Moreover, the escalating need for efficient surveillance, intelligence and combat solutions against terrorist attacks and network hacking is providing a thrust to the market growth. Various technological advancements, such as the integration of computing devices with the Internet of Things (IoT) and artificial intelligence (AI) solutions, are positively impacting the market growth. These technologies enable the real-time acquisition and analysis of data for timely interception and improved warfare tactics and analytics. In line with this, the widespread utilization of electronic warfare solutions in unnamed aerial vehicle (UAV) systems for gathering spatial information is creating a positive outlook for the market growth. Other factors, including the rapid modernization of the defense infrastructure, along with the implementation of stringent government policies for ensuring national security, are anticipated to drive the market toward growth.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.
• Aselsan A.?
• BAE Systems plc
• Elbit Systems Ltd.
• General Dynamics Corporation
• Israel Aerospace Industries
• L3Harris Technologies Inc.
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• Saab AB
• Teledyne Technologies Incorporated
• Textron Inc.
• Thales Group
• The Boeing Company

Electronic Warfare Market Segmentation:
Our report has categorized the market based on region, product, equipment, capability and platform.

Breakup by Product:
• EW Equipment
• EW Operational Support

Breakup by Equipment:
• Jammer
• Countermeasure System
• Decoy
• Directed Energy Weapon
• Others

Breakup by Capability:
• Electronic Protection
• Electronic Support
• Electronic Attack

Breakup by Platform:
• Land
• Naval
• Airborne
• Space

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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