Electronic Warfare Market to be dominated by Jammers through 2027
The surge in digital and
cybersecurity threats and modernization of electronic warfare techniques are
expected to drive the demand for the global electronic warfare market in the
forecast period, 2023-2027.
According to TechSci Research
report, “Electronic Warfare Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global electronic warfare market
is anticipated to witness impressive growth in the forecast period, 2023-2027.
Electronic warfare uses the electromagnetic spectrum to sense and communicate
with the radar, radiation, or infrared signals and counter enemy attacks. The
development of electronic support measure technology is boosting the
integration of advanced technologies for different military applications. The
global electronic warfare market is driven by the rise in conflicts between
countries and advancements in the electronic spectrum. Conflicts are increasing
due to social, economic, and political tension between the countries. Companies
working in the defense sector are developing electronic warfare systems having
self-protection capabilities. Military operations are dependent on the signal’s
intelligence, information operations, and electronic and cyber warfare. And the
integration of electronic warfare protects aircraft, satellites, military
vehicles, and naval ships from radar and electronic threats, further supporting
the high market demand.
The new concept of cyber,
electronic warfare that can cover a wide range of electromagnetic environments
and cyberspace is gaining momentum. It also offers the opportunity to the
defense personnel to prepare a strong defense and attack strategy.
However, the high cost of
electronic warfare systems may restrain the growth of the global electronic
warfare market in the forecast period.
Browse over XX market
data Figures spread through 110 Pages and an in-depth TOC on "Global
Electronic Warfare Market"
The global electronic warfare
market is segmented into capability, equipment, platform, regional
distribution, and competitive landscape.
Based on capability, the
market is divided into support, attack, and protection. The support segment is
expected to witness the fastest incremental growth in the forecast period. The
growing importance of situational awareness capabilities in the defense sector
makes market players look for solutions. Such as, the advent of Intelligence,
surveillance & reconnaissance system has improved the decision-making
process for the defense sector and situational awareness of the militaries.
Based on equipment, the
market is divided into jammers, antennas, radar warning receiver,
anti-radiation missiles, directed energy weapon, CMDS, DIRCM, and others.
Jammers are expected to capture the highest market share in the forecast
period. The new age jammers are equipped with the electronic attack, electronic
support, and electronic protection systems. An increase in the procurement of
electronic warfare for naval, airspace, and military operations are expected to
fuel the demand for electronic warfare systems for jammers.
Based on the platform, the
market is divided into air, land, naval, and space. The air-based platform is
expected to be the fastest-growing segment in the forecast period owing to the
rise in the use of electronic warfare in unmanned aerial vehicles.
Major market players
operating in the global electronic warfare market are:
·
L3Harris
Technologies, Inc.
·
Northrop
Grumman Corporation
·
Raytheon
Technologies Corporation
·
Israel
Aerospace Industries Ltd.
·
Saab
AB
·
ASELSAN
AS
·
Thales
Group
·
BAE
Systems plc
·
Lockheed
Martin Corporation
·
Leonardo
S.p.A.
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“North America is expected to
hold the largest market share in the forecast period, with Canada and United
States the key countries in the region. Increased investments in the
developments of electronic warfare technologies and the presence of major
market players in the region are influencing the global electronic warfare
market growth. The United States is one of the key users, exporters, and
manufacturers of electronic warfare systems across the globe. The increase in
integration of advanced technologies by the defense sector to advance the
capabilities of the existing defense systems and development of electronic
warfare systems for civil & commercial applications are expected to propel
the growth of the global electronic warfare market till 2027” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Electronic Warfare
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
2017-2027, Segmented By Capability (Support, Attack, Protection), By Equipment
(Jammers, Antennas, Radar Warning Receiver, Anti-Radiation Missiles, Directed
Energy Weapon, CMDS, DIRCM, Others), By Platform (Airborne, Land, Naval,
Space), and By Region”, has evaluated the future
growth potential of global electronic warfare market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global electronic warfare market.
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