(MENAFN- iCrowdNewsWire) The Global Electronic Warfare Market is forecasted to be worth USD 36.75 billion by 2027, according to a current analysis by Emergen Research. The increasing number of security breaches in defense agencies and extensive rise in investment in the defense & foreign intelligence are the major factors influencing the market growth. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative player. Also higher usage of space-based command and control infrastructure and smart city command center applications are expected to fuel the market growth.
Electronic Warfare Market Size – USD 27.06 billion in 2019, Market Growth – CAGR of 3.8%, Market Trends.The report also offers precise information about market size, market revenue growth, restraints, key factors, limitations and challenges and other market elements. The report is pictorially represented using various graphs, tables, charts, figures to help users understand market scenario. The data is collected using extensive primary and secondary research to offer precise market insights. This data is thoroughly evaluated by experts and professionals in the industry.
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Application Outlook (Revenue: USD Billion; 2017-2027)
Military Commands
Homeland Security & Cyber Protection
Military Critical Infrastructure
Routine Operations
Emergency Services
Transportation System
Others
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The key factors influencing the market include increasing usage of geospatial intelligence, rising cybercrimes involving the data breaches from the confidential governing bodies, rising threats & tensions in asymmetric warfare, and growing investment in the defense bodies & foreign intelligence platforms, among others. The global market landscape of Electronic Warfare is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates.\
Are extensively profiled in the report. The report also offers details about each market player such as its financial status, global position, revenue contribution and business expansion plans. The global Electronic Warfare market is extremely competitive and comprise various key players operating at global and regional levels. These players are adopting various strategies such as mergers and acquisitions, partnerships, collaborations, joint ventures, and new product launches to gain robust footing in the market and expand their product portfolio
Component Outlook (Revenue: USD Billion; 2017-2027)
EW Equipment
Identification Friend or Foe
Radar Warning Receiver
Laser Warning Receiver
IR Missile Warning System
Direction Finders
Directed Energy Weapons
Anti-radiation Missiles
Directional Infrared Countermeasures (DIRCM)
Emission Control
Interference Mitigation
Counter UAV System
Electronic Warfare Operational Support (EWOS)
The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter's Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Key geographical areas:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
The current COVID-19 pandemic is expected to have an effect on the growth of the Electronic Warfare industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. Besides, extensive emphasis on the common operating picture (COP) of the military operations, and higher capabilities of information dominance, battlefield awareness, and decision advantages of the command and control systems are the crucial reasons behind the enormous growth of this market. The report also provides insights into the top companies operating in the market and BAE Systems, Lockheed Martin, Rockwell Collins, Elbit Systems, Northrop Grumman, Thales Group, Leonardo S.p.A., Raytheon Company, and General Dynamics, among others
Global Electronic Warfare Market Report – Table of Contents :
Chapter 1 includes the global Electronic Warfare market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Electronic Warfare market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Electronic Warfare market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Electronic Warfare industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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