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Electronic Warfare Market Share, Top Key Players, Latest Trends, Industry Status and Forecast 2022-2027

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Electronic Warfare Market Share, Top Key Players, Latest Trends, Industry Status and Forecast 2022-2027

November 15
19:29 2022
Electronic Warfare Market Share, Top Key Players, Latest Trends, Industry Status and Forecast 2022-2027
Electronic Warfare Market
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.

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 research report. 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 (EW) represents the armed force’s abilities to strategically utilize electromagnetic or electromagnetic spectrum-related tactics and devices. It includes numerous equipment for detecting enemy vehicles, supporting the allied forces and providing protection from enemy attacks during air, land, sea and space military conflicts. Some of the commonly used electronic warfare include Signal Intelligence Gathering (SIGINT), which intercepts enemy communication, and Electronic Countermeasures (ECM), which degrades the effectiveness of enemy military radar. Since intelligence decision-making has become crucial during the war, there has been a considerable increase in the adoption of electronic warfare, including infrared, radar and radio devices.  

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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:

Continuous technological advancements in warfare techniques across the globe majorly drive the market. Along with this, the rising spending for improving the counter-terrorism measures due to the growing safety concerns among the countries and for ensuring the safety of citizens are impacting the market growth favorably. In line with this, the widespread adoption of new optronic sensors and the development of new-generation air and missile defense systems are creating a positive market outlook. Since military groups rely on the electromagnetic spectrum to communicate with commanders, identify targets accurately, understand the environment and inform decisions, this is escalating the demand for electronic warfare across the globe. Some other driving the market further include the rising incidences of cyberattacks and data thefts and favorable government regulations.

Explore Full Report with Table of Contents: https://www.imarcgroup.com/electronic-warfare-market

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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