Electronic Warfare Market - Trends Forecast Till 2028

Electronic Warfare Market by Capability (Support, Attack, Protection), Platform (Airborne, Naval, Ground, Space), Product (EW Equipment, EW Operational Support), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-AD-EWM-1029

Format:  

Number of Pages: 269

Domain: Aerospace & Defense

Electronic Warfare Market – Trends Forecast Till 2028

The global Electronic Warfare Market size is projected to reach a CAGR of 6.2% from 2021-2028.

Electronic Warfare (EW) capabilities include the ability of the armed forces to use electromagnetic signal equipment such as radio, infrared, or radar to sense enemy vehicles, protected the allied forces from their attacks, and support the allied forces with electromagnetic spectrum sensing.

Significant technological advancements and integration of electronics in military equipment are resulting in a shift towards multilayered defense systems, which is contributing in the long-term expansion for Electronic Warfare Market.

Electronic Warfare Market Size Analysis

The US and Canada are key countries considered for market analysis in the North American region. This region is expected to lead the market, owing to increased investments in electronic warfare technologies by countries in this region. Defense forces of countries in the North American region are involved in the development of technologically advanced EW systems.

Electronic Warfare Market is segmented into end use sector, capability, product and region.

On the basis of End-User Sector

  • Airborne
  • Land
  • Naval
  • Space

On the basis of Capability  

  • Support
  • Attack
  • Protection

On the basis of Product  

  • Equipment
  • Operational support

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Electronic Warfare Market Primary Respondent

 

Key Players

  • Lockheed Martin Corporation
  • BAE Systems plc
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • L3Harris Technologies, Inc.

Recent Developments

  • In July 2021, Aselsan announced that the company has delivered Next-Generation Electronic Attack System SANCAK (MILKAR-4A2 high-frequency jamming system) to the Turkish Armed Forces (TAF). The electronic countermeasure system was developed for electronic attack operations against the high-frequency band communication systems located on different platforms in the field.
  • In May 2021, the United States Naval Sea Systems Command awarded a contract of USD 74.8 million to provide advanced electronic warfare (EW) systems for amphibious assault ships and aircraft carriers. According to the contract, the Northrop Grumman will provide Surface Electronic Warfare Improvement Program (SEWIP) Block 3 electronic attack systems and hardware design modifications to the AN/SLQ-32(V) surface warship EW system.

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  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 6.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

end use sector, capability, product and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Lockheed Martin Corporation, BAE Systems plc, Northrop Grumman Corporation, Raytheon, Technologies Corporation and L3Harris Technologies, Inc.

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