Offensive Electronic Countermeasures Market is Forecasted to Reach US$ 0.6 billion in 2028, Says Stratview Research

The global Offensive Electronic Countermeasures Market is projected to witness a growth rate of 4.1% annually from 2023 to 2028, with an anticipated size of US$ 0.6 billion in 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Offensive Electronic Countermeasures Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2028: US$ 0.6 billion
Growth (CAGR): 4.1% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Offensive Electronic
Countermeasures Market:

The global Offensive Electronic Countermeasures Market is segmented platform type, frequency type and region

Based on platform type: The offensive electronic countermeasures market is segmented into air, land, and naval. Air is expected to remain the largest platform type in the market for offensive electronic countermeasures during the forecast period, owing to increasing threats to aircraft, military modernization programs, technological advancements, and an increase in air warfare activities.
Overall, the market for air platform-based electronic countermeasures is expected to continue to grow in the coming years, driven by increasing demand for offensive electronic countermeasure solutions to protect military aircraft from a range of threats.

Based on frequency type: The market is segmented into EO-IR countermeasures and RF countermeasures. EO-IR countermeasures are expected to remain dominant as well as the fastest-growing frequency type in the market during the forecast period. The EO-IR frequency type is driven by the increasing use of EO-IR systems in military/defense applications, as well as the need for advanced countermeasures to mitigate the risks of enemy attacks.
Furthermore, the transition of adversaries from RF frequency to more precise EO-IR frequency has been a major factor in the higher growth of EO-IR countermeasures.

To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests North America is expected to remain the largest market for offensive electronic countermeasures during the forecast period. This growth outlook is majorly attributed to the following-
• The United States is one of the leading countries with the highest defense spending in the world, with more than 40% of the global defense spending.
• The country has been the largest procurer of offensive electronic countermeasures in the world. Raytheon and Northrop Grumman are developing offensive electronic countermeasure technologies for defense applications in the region.
• Other regions, such as Europe and Asia, also have a significant presence in the offensive electronic countermeasures, with companies like BAE Systems and Thales in Europe and Bharat Electronics Limited and Israel Aerospace Industries in Asia.

Offensive Electronic Countermeasures Market Drivers:
The Offensive Electronic Countermeasures Market is driven by several key factors, including:
• The market for offensive electronic countermeasures is driven by the ongoing need for military forces to maintain a technological edge over potential adversaries.
• As electronic devices have become increasingly integrated into military operations, the ability to disrupt or disable those devices has become an increasingly important part of modern warfare.
• However, the market for this technology is highly competitive, and companies are constantly investing in research & development to create more advanced and effective systems.
• As a result, the market for these technologies is expected to continue to grow in the coming years.
• In addition to traditional military applications, offensive electronic countermeasures are also increasingly being used by law enforcement agencies and other security organizations to combat threats such as terrorism.

Top 10 Companies in the Offensive Electronic Countermeasures Market:
Stratview Research has identified the following companies as the top market players:
• BAE Systems PLC
• Bharat Electronics Limited
• Israel Aerospace Industries
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• Thales S.A.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Offensive Electronic Countermeasures Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Electronic Countermeasures Market: https://www.stratviewresearch.com/3537/electronic-countermeasures-market.html
• Defensive Electronic Countermeasures Market: https://www.stratviewresearch.com/3530/defensive-electronic-countermeasures-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.