403
Sorry!!
Error! We're sorry, but the page you were
looking for doesn't exist.
Electronic Warfare Market Projected Expansion To $23.56+ Billion Market Value By 2028 With A 5.6% CAGR
(MENAFN- EIN Presswire)
Electronic Warfare market - By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
The global electronic warfare market size valued $15,811.4 million in 2020 and is projected to reach $23,560.4 million in 2028, registering a CAGR of 5.6% for the forecast period 2021-2028.” - Allied Market ResearchWILMINGTON, DE, UNITED STATES, March 11, 2025 /EINPresswire / -- According to a recent report published by Allied Market Research, titled, Electronic Warfare Market By Capability, Equipment, Product, And Platform: Global Opportunity Analysis And Industry Forecast, 2021-2028," 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. 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 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.
📚 Don't miss out on your Sample Copy:
Evolution of modern electronic warfare solutions such as stealth aircraft attack, cyberspace electronic warfare, force-fields, and cloaking devices improves agility of electronic warfare technology. Rise in unorthodox threats from enemy promotes adoption of advanced and secure warfare technologies by defense organizations and institutions, which further boosts development of electronic warfare equipment. Moreover, surge in deployment of satellites by commercial and private companies also increases demand for electronic warfare systems for space platforms.
By equipment, the electronic warfare market is segregated into jammer, countermeasure system, decoy, directed energy weapon, and others. The countermeasure system segment dominated the equipment segment in 2020, owing to the development of advanced countermeasures electronic system (ACES) and advanced countermeasures dispenser system (ACDS) by market leaders in the defense industry. The jammer segment is gaining popularity owing to rise in demand for GPS interference devices in battlefields. Moreover, rise in deployment of electronic warfare technology has led to growth of EW equipment segment over the years.
Enquire about this report
Growth in need for surveillance, intelligence, and self-protection capabilities and rise in adoption of electronic warfare systems, owing to increase in territorial and intercountry conflicts are expected to drive the market growth during the forecast period. However, high deployment cost and vulnerability of electronic warfare systems to cyber-attacks are anticipated to hamper growth of the market during the forecast period. Moreover, implementation of electronic protection systems in civil aviation and rise in defense expenditure globally are expected to offer lucrative opportunities for the market in the future.
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.
Speak to Our Analyst @
Key players operating in the global Electronic Warfare market include
BAE Systems plc
Elbit Systems Ltd.
General Dynamics Corporation
Israel Aerospace Industries Ltd. (IAI)
L3Harris Technologies, Inc.
Leonardo SpA
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
SAAB AB
Thales Group
Similar Reports in Aerospace and Defense Industry
Satellite Services Market
Drone Defense System Market
Aerospace 3D Printing Market
North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. 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 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.
📚 Don't miss out on your Sample Copy:
Evolution of modern electronic warfare solutions such as stealth aircraft attack, cyberspace electronic warfare, force-fields, and cloaking devices improves agility of electronic warfare technology. Rise in unorthodox threats from enemy promotes adoption of advanced and secure warfare technologies by defense organizations and institutions, which further boosts development of electronic warfare equipment. Moreover, surge in deployment of satellites by commercial and private companies also increases demand for electronic warfare systems for space platforms.
By equipment, the electronic warfare market is segregated into jammer, countermeasure system, decoy, directed energy weapon, and others. The countermeasure system segment dominated the equipment segment in 2020, owing to the development of advanced countermeasures electronic system (ACES) and advanced countermeasures dispenser system (ACDS) by market leaders in the defense industry. The jammer segment is gaining popularity owing to rise in demand for GPS interference devices in battlefields. Moreover, rise in deployment of electronic warfare technology has led to growth of EW equipment segment over the years.
Enquire about this report
Growth in need for surveillance, intelligence, and self-protection capabilities and rise in adoption of electronic warfare systems, owing to increase in territorial and intercountry conflicts are expected to drive the market growth during the forecast period. However, high deployment cost and vulnerability of electronic warfare systems to cyber-attacks are anticipated to hamper growth of the market during the forecast period. Moreover, implementation of electronic protection systems in civil aviation and rise in defense expenditure globally are expected to offer lucrative opportunities for the market in the future.
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.
Speak to Our Analyst @
Key players operating in the global Electronic Warfare market include
BAE Systems plc
Elbit Systems Ltd.
General Dynamics Corporation
Israel Aerospace Industries Ltd. (IAI)
L3Harris Technologies, Inc.
Leonardo SpA
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
SAAB AB
Thales Group
Similar Reports in Aerospace and Defense Industry
Satellite Services Market
Drone Defense System Market
Aerospace 3D Printing Market
David Correa
Allied Market Research
+18007925285 ext.
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Comments
No comment