The global demand for Electronic Warfare Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Electronic warfare uses electromagnetic radiation to launch an attack or intercept, analyze, manipulate, or suppress an enemy's military or intelligence missions. Here signals in the electromagnetic spectrum are used for offensive, defensive, or supportive capabilities. The various elements used in electronic warfare are radar detectors and jammers. EW can be launched from air, sea, land, and space using manned and unmanned systems. In electronic warfare, humans, communication, radar, or other assets (military and civilian) of a nation are targeted. The three main subdivisions of electronic warfare are electronic attack, electronic warfare support, and electronic protection.
The industrialized nations looking for advanced electronic capabilities to detect the enemy, optimize tactical situational analysis, and gather critical intelligence to gain a strategic advantage in offensive or defensive operations is the primary driver for the market's growth. The rising of irregular forces and criminal groups using guerrilla tactics with a mix of advanced technology to launch attacks will further benefit market growth. The integration of innovative research, science and technology, electromagnetics, advanced engineering, and end-to-end systems across all EW subdivisions will further propel market growth. The continuous development of satellite-based global positioning systems (GPS), unmanned aerial vehicles (UAVs), cyber tools, and falling costs will make them more accessible to smaller countries and non-state actors. The various challenges faced by the market are limited frequency range and possibilities of jamming of friendly communications.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electronic warfare. The growth and trends of electronic warfare industry provide a holistic approach to this study.
This section of the electronic warfare market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Electronic Attack
- Electronic Protection
- Electronic Support
- Radar Warning Receiver
- Anti-radiation Missiles
- Directed Energy Weapons
This section covers the regional outlook, which accentuates current and future demand for the Electronic Warfare market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Electronic Warfare Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electronic warfare market include Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Thales Group, General Dynamics Corporation, BAE Systems, L3 Technologies, Inc., Teledyne Technologies Incorporated, Cobham Plc and Harris Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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