Electronic Warfare Market : $23.56 Billion, Driven by Increase in New Electronic Warfare Product Development Activities
Electronic warfare market By equipment, the jammer segment is anticipated to exhibit significant growth in the future.
The global electronic warfare market was valued at $15,811.4 million in 2020, and is projected to reach $23,560.4 million by 2028, registering a CAGR of 5.6% from 2021 to 2028.”
WILMINGTON, DE, UNITED STATES, October 18, 2024 /EINPresswire.com/ -- The global electronic warfare market was valued at $15,811.4 million in 2020 and is projected to reach $23,560.4 million by 2028, registering a CAGR of 5.6% from 2021 to 2028.North America dominates the market in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. The U.S. dominated the global electronic warfare market share in 2020 and is expected to grow at a significant rate during the forecast period, owing to the presence of robust manufacturing and development infrastructure for electronic warfare systems in the country. Electronic warfare is a warfare technology that comprises use of electromagnetic spectrum as a tool to deny and attack enemy assets. Multiple types of electronic warfare capabilities, such as electronic protection, electronic support, and electronic attack, are implemented in land, naval, airborne, and space platforms, depending on the requirements of the industry. Electronic warfare offers covert, faster, and effective defense services, which can be made available to commercial and government applications.— Allied Market Research
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/electronic-warfare-market/purchase-options
Key Segments in the Electronic Warfare Market
By Capability:
Electronic Attack (EA): involves using jamming and spoofing techniques to disrupt or disable enemy radar, communications, and other electronic systems.
Electronic Protection (EP): Focuses on safeguarding a country's military systems from enemy electronic attacks, ensuring continued operations despite adversary countermeasures.
Electronic Support (ES): Involves intelligence, surveillance, and reconnaissance (ISR) to detect, intercept, identify, and track enemy signals.
By Platform:
Air-based Platforms: Includes aircraft and drones equipped with EW capabilities.
Land-based Platforms: Comprises vehicles and ground systems used for electronic warfare.
Naval Platforms: ships and submarines equipped with systems to detect and counteract threats.
Space-based Platforms: Use satellites to provide early warning, signal intelligence, and communication jamming.
By Application:
Radar Jamming and Deception
Anti-radiation Missiles
Directed Energy Weapons
Communication Jamming
Signal Intelligence (SIGINT)
Market Drivers
Rising Defense Budgets: Countries are increasing their defense budgets to modernize their military forces with advanced electronic warfare technologies.
Technological Advancements: Innovations in directed energy weapons, jamming systems, and cyber-electronic warfare capabilities are propelling the market forward.
Geopolitical Tensions: Regional conflicts and security concerns in areas like Eastern Europe, the Middle East, and Asia-Pacific are driving demand for EW systems.
Leading Companies in the Market
BAE Systems
Lockheed Martin Corporation
Raytheon Technologies
Northrop Grumman Corporation
Thales Group
Leonardo S.p.A
Trends
Integration of Artificial Intelligence (AI): AI and machine learning are being increasingly incorporated into EW systems to improve decision-making and threat identification.
Growing Focus on Cyber-Electronic Warfare: The overlap of cyber operations with traditional EW capabilities is creating new opportunities and challenges.
Space-based Electronic Warfare Systems: With space emerging as a critical domain for defense, investments in satellite-based EW systems are increasing.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/10097
Key Findings Of The Study
By capability, the electronic protection segment is expected to register a significant growth during the forecast period.
By equipment, the jammer segment is anticipated to exhibit significant growth in the future.
By product, the EW Equipment segment is projected to lead the global electronic warfare market owing to higher CAGR as compared to other end-use industries.
By platform, the airborne segment is predicted to dominate the platform market during the forecast period.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
Key Benefits For Stakeholders
This study presents analytical depiction of the global electronic warfare market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall electronic warfare market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global electronic warfare market with a detailed impact analysis.
The current electronic warfare market is quantitatively analyzed from 2020 to 2028 to benchmark the financial competency.
Porterโs five forces analysis illustrates the potency of the buyers and suppliers in the industry.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ :
๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ฒ๐๐๐ซ ๐๐๐๐ฎ๐ซ๐ข๐ญ๐ฒ ๐๐๐ซ๐ค๐๐ญ : https://www.alliedmarketresearch.com/aerospace-cyber-security-market-A09068
๐๐ฉ๐๐๐ ๐๐จ๐ฏ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/space-rovers-market-A10285
๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐๐๐ซ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/aerospace-bearings-market-A14120
David Correa
Allied Market Research
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