Electronic Warfare Market Size, Share, Trends, Scope, Demand and Forecast by 2027

Electronic Warfare Market
Electronic Warfare Market

According to IMARC Group latest report titled” Electronic Warfare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market is currently witnessing strong growth. The global electronic warfare market to exhibit moderate growth during the next five years. Electronic warfare refers to the strategic use of the electromagnetic spectrum to intercept, analyze, or suppress the enemy’s range use and combat power. It delivers superior next-generation electronic support (ES), electronic protection (EP), and electronic attack (EA) capabilities. It can be widely used in jamming, disrupting, locating, deceiving, and cryptanalysis across the defense and military sector.

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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:

The global electronic warfare market is primarily being driven by the increasing number of digital attacks and cybersecurity threats. Moreover, the escalating need for efficient surveillance, intelligence and combat solutions against terrorist attacks and network hacking is providing a thrust to the market growth. Various technological advancements, such as the integration of computing devices with the Internet of Things (IoT) and artificial intelligence (AI) solutions, are positively impacting the market growth. These technologies enable the real-time acquisition and analysis of data for timely interception and improved warfare tactics and analytics. In line with this, the widespread utilization of electronic warfare solutions in unnamed aerial vehicle (UAV) systems for gathering spatial information is creating a positive outlook for the market growth. Other factors, including the rapid modernization of the defense infrastructure, along with the implementation of stringent government policies for ensuring national security, are anticipated to drive the market toward growth.

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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

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