Press release
Electronic Warfare Market Expected to Achieve 7% CAGR by 2029: Growth Forecast Insights
Electronic Warfare
How Large Will the Electronic Warfare Market Size By 2025?
In the past few years, the size of the electronic warfare market has seen a consistent expansion. The market, which is predicted to be at $29.15 billion in 2024, is expected to rise to $30.22 billion in 2025, representing a compound annual growth rate (CAGR) of 3.7%. The escalation during the historic phase can be traced back to the initiation of military modernization schemes, the requirement for spectrum dominance, and the progression of electronic countermeasure systems.
How Big Is the Electronic Warfare Market Size Expected to Grow by 2029?
The market size for electronic warfare is anticipated to witness robust growth in the coming years. The market is projected to swell to $39.58 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.0%. The growth during this projection period can be credited to the increased use of improved electronic support measures, directed energy weaponry, hypersonic threats and EW, alongside space-based EW systems. Significant trends for this forecast period encompass cyber-electronic convergence, the application of quantum technologies within electronic warfare, enhanced electronic support measures, the emergence of next-gen radar technologies, and collaboration with industry partners in electromagnetic maneuver warfare.
View the full report here:
https://www.thebusinessresearchcompany.com/report/electronic-warfare-global-market-report
Which Key Market Drivers Powering Electronic Warfare Market Expansion and Growth?
The escalation in military spending is anticipated to stimulate the progression of the electronic warfare market. The funds allocated for defense-related purposes and the military in a nation, often termed as military expenditure or defense budget, is the comprehensive sum of financial resources. Electronic warfare proficiency enhances defense operations' efficacy and efficiency, lessens costs, and safeguards personnel and military resources. For example, in April 2023, SIPRI (Stockholm International Peace Research Institute), an international organization based in Sweden, reported that there was a 3.7% real-term rise in global military expenditure in 2022, reaching an all-time high of $2240 billion. Concurrently, China's defense budget experienced a surge for the 26th consecutive year. As a result, the electronic warfare market's growth is fueled by the augmented military spending.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5727&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Electronic Warfare Market?
The major players in the electronic warfare market are concentrating their efforts on product innovation to offer reliable services to their clientele. They are particularly interested in developing innovative products like the electronic warfare counter-drone system to boost their market earnings. This specialized technology is designed to identify, track, and neutralize or control the risks associated with unauthorized or hostile drones. It leverages various electronic warfare techniques and technologies to safeguard against security threats posed by drones. For instance, in June 2023, Israel-based defense technology firm Elbit Systems Ltd, launched an electronic warfare counter-drone system. This system uses digital Radar Warning Receivers (RWR) and is specifically designed to counter drone threats. Additionally, it has the ability to locate the personal location beacons (PLBs) of ground forces and pilots and can identify and categorize drones. It can also be fitted with added processing power to enhance its drone threat identification and categorization capabilities. This new radar warning receiver technology is designed to detect drones and classify them as threats, addressing one of the most prevalent risks to both military and commercial aircraft today.
What Are the Emerging Segments in the Electronic Warfare Market?
The electronic warfare market market covered in this report is segmented -
1) By Products: EW Equipment, Electronic Warfare Operational Support (EWOS)
2) By Capability: Electronic Protection, Electronic Support, Electronic Attack
3) By Platform: Land, Naval, Airborne, Space
Subsegments:
1) By EW Equipment: Jammers, Electronic Support Measures (ESM) Systems, Electronic Attack Systems, Electronic Protection Systems, Countermeasure Systems
2) By Electronic Warfare Operational Support (EWOS): Training And Simulation Services, Mission Planning And Support, Intelligence, Surveillance, And Reconnaissance (ISR) Support, Maintenance And Logistics Support
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5727&type=smp
Who Are the Global Leaders in the Electronic Warfare Market?
Major companies operating in the electronic warfare market market include Lockheed Martin Corporation, BAE Systems PLC, Saab AB, RTX Corporation, Thales Group, General Dynamics Corporation, L3Harris Technologies Inc., Northrop Grumman Corporation, Israel Aerospace Industries Ltd., Leonardo SPA, Teledyne Technologies Inc., Elbit Systems Ltd., The Boeing Company, Textron Inc., ASELSAN AS, Hensoldt AG, Cobham Plc, Cohort plc, Mercury Systems Inc., Chemring Group PLC, Ultra Electronics Holdings plc, Kratos Defense & Security Solutions Inc., Elettronica S. p. A., Rohde & Schwarz GmbH & Co. KG, Terma A/S, Indra Sistemas SA, RADA Electronic Industries Ltd., QinetiQ Group PLC, SRC Inc.
Which are the Top Profitable Regional Markets for the Electronic Warfare Industry?
North America was the largest region in the electronic warfare market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic warfare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5727
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electronic Warfare Market Expected to Achieve 7% CAGR by 2029: Growth Forecast Insights here
News-ID: 4076998 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Electronic
Revolutionizing Electronic Warfare: The Power of Cognitive Electronic Warfare Sy …
According to the report published by Allied Market Research, " Cognitive Electronic Warfare System Market by Capability (Electronic Attack, Electronic Protection, Electronic Support, Electronic Intelligence) and by Platform (Naval, Airborne, Land, Space): Global Opportunity Analysis and Industry Forecast, 2023-2032 "Cognitive electronic warfare systems are based on learning action frameworks that use machine learning algorithms and artificial intelligence (AI) to mimic human perception of learning, memory, and judgement. Machine learning, being…
Electronic Cigarettes
Electronic Cigarettes are also known as Vaping, which consist of different type of devices that allow the users to inhale an aerosol that might be nicotine, flavoring and other species. Electronic Cigarettes market is expected to mark significant growth over forecasted period owing to increasing technological advancements, change in lifestyle and consists of various flavours and fragrance. There has been significant rise in number of prevalence of adults using e-cigarettes…
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,…
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine…
Electronic Wrapper Market Segmented By loading types semi-automatic electronic w …
A Revolutionary Product for the Packaging Industry
The electronic wrapper has been a revolutionizing product in the packaging industry. Electronic wrappers are easy to maintain and comfortable for size changes. The steel built electronic wrappers enable easy access for maintenance and cleaning, thus, gaining a considerable customer base from the packaging industries mainly for food and consumer products. An electronic wrapper is an automated machine, which is programmed to perform a…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…
