Electronic Warfare Market Competitive Landscape, Growth Factors, Revenue Analysis, 2020-2028 – FortBendNow

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The growing transnational and regional instability is the main driver for the growth of the electronic warfare market. However, the high cost of equipment will be the major impediment to market growth in developing countries as these countries prefer traditional means of the electronic weapons market.

Market Size – USD 16.92 Billion in 2020, Market Growth – CAGR of 3.90%, Market Trends – Rising cross-border tensions as well as regional instability are major drivers of market growth.

However, the reliance of developing countries on traditional means of warfare will be the factor that will hold back the growth of the industry.

According to current reports and data analysis, the global Electronic Warfare Market was USD 16.92 Billion in 2020 and is projected to grow at a CAGR of 3.90% from 2020 to 2028. Electronic Warfare can be defined as warfare conducted using the electromagnetic spectrum. Electronic warfare typically uses radio waves or laser light to confuse or disable enemy electronics. This may involve listening or picking up enemy radio signals or detecting the radar of an incoming missile. Advanced electronic attack solutions are used to provide the non-kinetic and digital effects while providing a protective cloak for the rigs. The increase in transnational and regional instabilities is the main driver of market growth. Another major factor driving the growth of the market is the growing focus on cognitive electronic warfare technology, thereby driving the demand for electronic warfare over the forecast period. However, the high cost of the equipment will be the major factor hampering the growth of the market over the forecast period.

With the rise of political tensions between nations or regions, instability increases, which is the main factor that these countries are increasingly investing in improving their military capabilities. The United States is increasing its funding and purchases of electronic warfare research, development, test and evaluation by more than 9.5% and 7.1% respectively. The market is increasingly diverse in almost every area of ​​defense spending.

The increasing pace of the electronic, cyber, and optical realms will require a noticeable shift in combat techniques. Since the possibilities for technological advancement in these areas are limitless, new generations of equipment will emerge at a rapid pace. The challenge would be to integrate them into the physical realm of warfare and achieve the desired effect on the adversary. The relatively new field of quantum computing has the potential to create a new generation of satellites. Such trends will help drive the market forward over the forecast period.

With the drone industry increasing, the demand for electronic warfare will further increase during the forecast period 2020-2028.

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Other key findings from the report suggest

  • Nations across the world are on the path of modernizing defense programs and increasing the purchase of advanced electronic warfare systems, which further contributes to the growth of the market over the forecast period.
  • As the miniaturization of electronic components increases and the efficiency of cooling technology increases, radio frequency systems will be better and sensor performance will increase.
  • Equipment like the Krasukha-4 or the Turkish KORAL ground-based jammer can generate very high power output over a wide band of frequencies that can be effective at ranges of up to 300 km, which is a big leap from to the previous generation of jammers which had limited ranges and effectiveness in wideband jamming mode.
  • Truly multi-purpose aircraft operating in a high-risk AD environment will be more effective than older single-mission electronic attack aircraft.
  • Advanced EW systems used for pure military purposes which can effectively disrupt and cripple enemy operations, however are likely to see a greater reliance on non-standard protocols, non-standard modulation schemes and waveforms owners.
  • Aerial platform is expected to be the second segment of the market with a market share of more than 30% globally in 2026. Increase in investments made in the segment by majority of the major market players will be the main driver of segment growth.
  • The electronic warfare segment is expected to witness the fastest growth over the forecast period owing to the increase in purchases of equipment in military ships and aircraft.
  • The main participants are Lockheed Martin (USA), Harris (USA), Rockwell Collins (USA), Saab SA (USA), Boeing (USA), Northrop Grumman (USA), BAE Systems (UK), Thales (France), Textron (US) and L3 Technologies (US).

To identify key industry trends, click the link below: https://www.reportsanddata.com/report-detail/electronic-warfare-market

For the purposes of this study, the reports and data have segmented the Electronic Warfare market on the basis of capability, platform, product and region:

Capacity (Revenue, USD Million; 2020-2028)

  • Electronic support
    • Signal intelligence
    • electronic intelligence
    • Communications Intelligence
    • Others
  • Electronic attack
  • Electronic protection

Platform (Revenue, USD Million; 2020-2028)

  • Air
    • Fighter
    • transport aircraft
    • special mission aircraft
    • Unmanned aerial vehicle (UAV)
  • Earth
    • Vehicle mounted
    • soldiers
    • base stations
  • Naval
    • Ships
    • submarines
    • Unmanned marine vehicles
  • Space out

Product (Revenue, USD Million; 2020-2028)

  • electronic warfare equipment
    • jammers
      • Radar jammers
        • Electronic jammers
          • Dam jammers
          • Sweep jammers
          • Point jammers
          • Pulse Jammers
          • Digital Radio Frequency Memory Jammers
        • corner reflector
      • Communication jammers
      • Remote Control Improvised Explosive Device Jammers
    • Self-protecting EW Suite
    • Countermeasure Delivery System
    • Lures
      • Towed lures
      • Active lures
      • Drone decoys
    • rocket dispenser
    • Glitter dispenser
    • Directed Energy Weapons
    • direction finders
    • Directional infrared countermeasure
    • anti-radiation missile
    • Antennas
    • IR missile warning system
    • Identification friend of foe
    • Laser warning system
    • Electromagnetic shielding/hardening material
    • Radar warning receiver
    • Against UAVs
    • Interference Mitigation System
    • Electromagnetic Pulse Weapons
  • Electronic warfare operational support
    • Software
    • Training and Simulation

Regional Outlook (Revenue in USD Million; 2020-2028)

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

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Key Benefits of Electronic Warfare Report:

  • Identification and analysis of market size and competition
  • Qualitative and quantitative analysis of market data
  • Data validated by industry experts after extensive primary and secondary research
  • In-depth regional analysis of the Electronic Warfare industry
  • Profiling of key players with their company overview, business strategies, agreements and partnerships, and product portfolio
  • SWOT and Porter’s Five Forces analysis for an in-depth understanding of the competitive landscape
  • Feasibility analysis and investment analysis to enable strategic investment decisions
  • Analysis of opportunities, drivers, constraints, challenges, risks and limitations

In conclusion, all aspects of the Electronic Warfare Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market based on market drivers, limitations and its future prospects.

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