Electronic Warfare Market Size, Share, Industry Growth & Trends by 2032

The global electronic warfare market size was valued at USD 15.21 billion in 2022. The market is expected to expand from USD 16.65 billion in 2023 to USD 31.23 billion by 2030, exhibiting a CAGR of 9.4% over the study period. The expansion can be credited to the growing geopolitical tensions and regional conflicts. These factors have increased the need for the adoption of advanced warfare methods.

Fortune Business Insights™ provides this information in its research report, titled "Electronic Warfare Market, 2023-2030".

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/electronic-warfare-market-103290

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
• L3Harris Technologies Inc. (U.S.)
• Moog Inc. (U.S.)
• Northrop Grumman Corporation (U.S.)
• Elbit Systems Ltd (Israel)
• BAE Systems Plc. (U.S.)
• Lockheed Martin Corporation (U.S.)
• General Dynamics Corporation (U.S.)
• Raytheon Technologies Corporation (U.S.)
• Thales Group (France)
• Leonardo SPA (Italy)

𝐑𝐮𝐬𝐬𝐢𝐚-𝐔𝐤𝐫𝐚𝐢𝐧𝐞 𝐖𝐚𝐫 𝐈𝐦𝐩𝐚𝐜𝐭:
𝐒𝐮𝐫𝐠𝐢𝐧𝐠 𝐓𝐚𝐜𝐭𝐢𝐜𝐚𝐥 𝐂𝐨𝐦𝐛𝐚𝐭 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐏𝐨𝐬𝐢𝐭𝐢𝐯𝐞𝐥𝐲 𝐈𝐦𝐩𝐚𝐜𝐭𝐞𝐝 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
The Russia-Ukraine war had a positive impact on the electronic warfare market. Huge investments were made by the Russian government in Electronic Warfare (EW), which was utilized to jam GPS signals, detect smart bombs supplied by Western countries, and others. In addition, the usage of the product by Russia had a severe impact on Ukraine's ability to respond by helping Russian forces launch an aerial attack.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬:
𝐍𝐚𝐯𝐚𝐥 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐝𝐮𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐁𝐞𝐭𝐭𝐞𝐫 𝐄𝐖 𝐂𝐚𝐩𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬
Based on end user, the market is divided into air, naval, and landforce. The naval segment accounted for the largest share and is estimated to be the fastest growing segment during the forecast period. There is a growing requirement for better EW capabilities for the protection of naval assets in maritime operations. This factor is fueling the segment growth.

𝐍𝐚𝐯𝐚𝐥 𝐒𝐡𝐢𝐩 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐋𝐞𝐚𝐝 𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐚𝐠𝐚𝐢𝐧𝐬𝐭 𝐃𝐫𝐨𝐧𝐞𝐬
In terms of platform, the market is divided into aircraft, weapon, naval ship, vehicle, and others. The naval ship segment accounted for the largest market share in 2022 and is expected to be the fastest growing segment during the forecast period. The surging requirement for protection against drones and missiles is spurring the segment growth.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐩𝐞𝐧𝐝𝐞𝐧𝐜𝐞 𝐨𝐧 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐟𝐨𝐫 𝐓𝐚𝐜𝐭𝐢𝐜𝐚𝐥 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐋𝐞𝐚𝐝 𝐭𝐨 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐀𝐭𝐭𝐚𝐜𝐤 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
Based on type, the market is divided into electronic protection, electronic attack, electronic support, and others. The electronic attack segment is expected to hold the largest market share and is projected to be the fastest-growing segment during the forecast period. The growing dependence on electronic systems for tactical operations is the major factor driving the segment growth.

𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐎𝐟𝐟𝐞𝐫𝐞𝐝 𝐛𝐲 𝐈𝐑 𝐌𝐢𝐬𝐬𝐢𝐥𝐞 𝐖𝐚𝐫𝐧𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐟𝐨𝐫 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐅𝐮𝐞𝐥 𝐭𝐡𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
On the basis of technology, the market is classified into antennas, anti-jam electronic protection system, directed energy weapon, IR missile warning system, optical attack solutions, and others. The IR missile warning system segment is expected to hold the largest market share and is projected to be the fastest-growing segment during the forecast period. Different operations for Electronic Support Measures (ESM) are supported by these systems. This factor is escalating the segment expansion.

From the regional perspective, the market is classified into North America, the Asia Pacific, Latin America, Europe, and the Middle East & Africa.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/electronic-warfare-market-103290

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
The report offers comprehensive coverage of the driving and restraining factors and the Russia-Ukraine war impact on the market growth. In addition, it highlights the key segments and strategies deployed by leading industry players to capture the largest market share.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐂𝐞𝐧𝐭𝐫𝐢𝐜 𝐖𝐚𝐫𝐟𝐚𝐫𝐞 𝐭𝐨 𝐈𝐦𝐩𝐞𝐥 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
One of the major factors driving the electronic warfare market growth is the surging digitalization and network centric warfare. Broader network-centric warfare capabilities are being deployed in modern electronic warfare systems. This has enabled real-time data sharing and improved situational awareness.
Despite such growth opportunities, the power limitations associated with different military platforms may hinder the market growth.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞𝐝 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞 𝐇𝐢𝐠𝐡𝐞𝐬𝐭 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐄𝐱𝐩𝐞𝐧𝐝𝐢𝐭𝐮𝐫𝐞
North America held the largest electronic warfare market share in 2022. The regional growth can be credited to the highest expenditure on the defense sector from the U.S. Department of Defense.
The Asia Pacific market is poised to expand at the highest CAGR during the forecast period. The growing defense expenditure from China, Japan, Australia, and India is proliferating the regional growth.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐒𝐞𝐜𝐮𝐫𝐢𝐧𝐠 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬 𝐭𝐨 𝐒𝐮𝐬𝐭𝐚𝐢𝐧 𝐭𝐡𝐞𝐢𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩𝐬
Leading market players operating in the field are deploying competitive strategies such as collaborations, joint ventures, mergers and acquisitions, and others. Several companies are also focusing on securing contracts to enhance their market positions.

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
𝐉𝐮𝐥𝐲 𝟐𝟎𝟐𝟑- Lockheed Martin received a contract worth USD 192.2 million to build electronic warfare systems to help Apache helicopters target enemy radars. The company would manufacture while maintaining the hardware and engineering of a modernized Radar Frequency Interferometer (MRFI).

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/electronic-warfare-market-103290

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
𝐋𝐢𝐠𝐡𝐭 𝐖𝐞𝐚𝐩𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/light-weapons-market-103529

𝐌𝐢𝐥𝐢𝐭𝐚𝐫𝐲 𝐀𝐧𝐭𝐞𝐧𝐧𝐚 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/industry-reports/military-antenna-market-101824

𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐈𝐓 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/defense-it-spending-market-105030

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.: US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

This release was published on openPR.